Important changes to Elements Content Bonus

Yeah, I’m echoing what @MehmetRehaTugcu says. Why should I continue to upload to Elements when the bonus stops? The bonus is what keeps me uploading regularly.

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@BenLeong

Is there future plans to ‘dissolve’ any of the main marketplaces?

Quoting a portion of the statement given by the CEO:

Some teams have been restructured, some roles reshaped and others made redundant,” he said Thursday morning.

The process will impact roles spread across Australia, New Zealand, Mexico and the USA.

The decision comes as Envato works on “updating our focus areas and winding down some of our ancillary products,” Assi added, with Envato doubling down on its “core” offerings.

source

Additionally from the blog post:

Envato Market will continue to be supported in its evolution in the coming years, even as we acknowledge we are witnessing a significant shift in the consumption of digital assets, from single-use marketplace models to subscription services. We were ahead of the curve with Elements when we launched it, and we plan to seize on that early advantage with fresh momentum.

Placeit is a key part of this future opportunity too. A market leader in the print-on-demand space, it has an impressive customer base in the highly competitive DIY creative tools industry. We believe there are a lot of opportunities to be an exciting and prominent player here as it grows.

However, we do need to acknowledge there are other products we will be phasing out over the next few months, and as we have a timeline in place for these we will share it with the community

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Another marketplace has made a great move yesterday - they are giving more from their “piece of cake” and today I see this - Envato is taken more for himself.

50% of total Elements earnings are not enough?

Until now my incomes where 100% from Envato - this will be changed this year.

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:frowning: so sad…at least I’ve earned new badge 10 Years of Membership. Time for “celebration”.

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Wise decision to finally make us not upload more products. First our products rejected all the time and now cut our earnings. Clear and concise :clap:

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This is very very sad for us authors. :frowning_face: You take 20% from us just like that. This will impact my life in a big way. I hope you speak truth and this money is really invested in growing Envato and not just going to shareholders, employee bonuses or charities.

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I have 30 products ready for upload just to keep this bonus rolling. Now there is no point to upload.

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In other words: time to find a real job :sob:

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Shutterstock No2… … its time to move on TemplateMonester friends.

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Will be?! are you kidding? They were increasing it for the last two years to be precise -60% each year. This message is long but shows what do they think about us and future perspectives. Its time to leave this platform, move to other place or find a permanent job (what i done last week). 6 sense probably…

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Envato gave Triple Rewards some weeks ago to encourage authors to upload more items and now it s cutting their income. This is a bad strategy.

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What other marketplaces do you think are growing? To me it seems they are all going down.

deleted due to censorship.

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Imagine Amazon, Zalando, Etsy, Ebay or any other platform charging sellers 50% for providing a platform where to sell goods.

Let that sink in.

Yet here we allow this and more… Explain me why envato is different from any other platform and why is right that they can charge 50% of an author income.

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I think any company goes through ups and downs. The world is changing, the model is changing, the demand is changing. It’s a business. No one will adapt to the authors, business and demand dictate their own rules. Admittedly, creating templates used to be something exclusive, but now there are more and more automatic generators, designers, where you can click a button and get a presentation or a website, quickly and easily. Perhaps we are going into the era of design, where exclusive design, creativity will be highly appreciated and it can be sold really expensive, from a hyped, popular author. And maybe it’s worth doing it on your own sites. But to do this, you need to try hard, make a name. The time of easy money has passed and it’s time for the authors to understand this. I wouldn’t be surprised if Envato soon abandons the authors and puts an automatic generator on the site, which, for a subscription, will generate and assemble the design. Just specify the style, text, photo and get the finished video in real time. And you don’t have to share it with anyone. :slight_smile:

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This is the end
Beautiful friend
This is the end
My only friend, the end
Of our elaborate plans, the end
Of everything that stands, the end
No safety or surprise, the end
I’ll never look into your eyes again

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Great decision, because I no longer know where to store and spend my money. Damn, there was too much income.

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I’ve been uploading stock for over a decade - proud owner of a 13 year badge on GraphicRiver! In my opinion, Envato has always been and is arguably one of the only micro stock companies left who appear to care about their authors.

It must first be pointed out how incredible it was of Envato to share the Content Bonus with Authors. Most businesses would keep those juicy leftovers for themselves.

To those of you saying “you’re taking away xx% of our earnings!” - you’re essentially saying “I want my free money back!”

Short term this will sting a little for Authors, but long term I believe it will be a net benefit - if, in fact, Envato uses this additional income to drive new members to the marketplace. And unlike rent seekers like CreativeMarket, I believe Envato will actually do as they say.

We recently scaled our team from 4 to 10 people with the intention of slowing down client work and growing our micro stock business - with a particular focus on Elements. So this is definitely a bump in the road for us, but it makes no difference to our long term plan.

The opportunity here is huge, and continues to be huge, for authors willing to put in the time and keep producing products.

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What it falls down to are operational costs, such as hosting, maintenance and the ever expanding storage space, which aren’t cheap. And to make it all work you need advertising. Add to that the cost of hiring employees who mostly reside in high wage countries (except for Mexico which seems to be where most recently hired reviewers are). That’s not all since higher ups still need to turn a significant profit margin to make this all worth it.

The marketplace has significantly expanded throughout the years. And with it the aforementioned costs. Which is why it is very possible that we’ll see some major ‘restructuring’ in the near future, based on recent statements and change in management.

I wish they’d be more transparent, and let us know if we should still be putting effort in the classical marketplaces or not. I imagine the general strategy is to move everything to a subscription based model. The simple reasoning would be “why host it twice if one model significantly outdoes the other”.

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Easy to say when you don`t have to pay 30% Withholding tax to Australia because you live in UK :expressionless:

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