It will get better.
How are sales going this month?
Worst June in the last ten years for me!
Since mid-May itâs essentially dead for me. Including a 10days zero sales period.
An inexplicable vertical drop.
Keeping this pace, with Envato June incomes I would be able to have one dinner out and fill up my car with gas once. Sounds nice
At least you could withdraw the money. I may have to wait till the following monthâŚ
Same here, couldnât withdraw last couple of months !!
@BenLeong please continue to interacting with any other post exept this one. Donât worry for us, this is a minor issue. We can all live without money.
@vanquish It looks like your earlier tagged post came through while I was on leave last month.
I appreciate that you are looking for a forward-looking statement from Envato about future plans specific to CodeCanyon, and that youâve been asking for this for some time. However, I canât speculate about any future plans, and can only pass on confirmed information. Any additional information will be communicated widely, and not buried within a forum thread.
All that is confirmed at the moment has been shared multiple times: Envatoâs focus for future growth remains on the Envato Elements platform. Both Market and Placeit remain in operation and have dedicated teams to maintain those sites, but our development resources are focused heavily on Elements. That means we are not closing down the marketplaces, but we are also not making significant changes to how any of the marketplaces operate.
Itâs not the information that people focused on the marketplaces want to hear, but it is all the information that is currently available.
@BenLeong For all of us is clear that Envato is fully focusing on Elements. It is clear that your developing team has been allocated to that platform.
It could be ok, we are not asking for new features (even if they would be welcome). What we would to know is why sales are near to zero. You must have done some analysis on that, because you are losing millions.
The question is: what about the marketing team? Have those resources been redirected fully on Elements? Are you silently make the platform die (obviously I understand even if true, you wonât make any statement about that, but I have to ask)
Well now you are asking too much
Yes, asking too much for something that too clearly? For what?
The answer is clearly now. The Marketplace will be closed soon. They never mentioned about closing the Marketplace but today, he did. You already had your answer.
They have mentioned it way before. You just didnât understand it.
The marketplaces will not be closed, they are the best source of advertising for Elements and also bring profit as bad as it is is still a good source of revenue considering that they have everyhing on plate at this point⌠and the way Elements is advertised, most clients are tricked into believing that they will get everything in Elements, such a mess if you ask me, and for what?
If the marketplaces are closed, Elements will follow shortly!
Also, new marketplaces are born now⌠some of us are taking action, weâve had enough.
I have doubts. Mojo has been closed, Template M****er not doing really good, thereâd be lots of ânew marketplacesâ but the focus would be the problem.
Again, I donât want Envato marketplace closure but seeing that at CodeCanyon the sales are dropping too much, you know it, ThemeForest may be effected ( or already ) soon.
My prediction was/is mid summer in 2027. Time will show. ( Itâs my personal opinion )
Nobody knows what will happen in the future⌠all we can do is to do our bestâŚ
@vanquish Envato Market still runs paid marketing (search and display) advertising programs, and there have been no significant changes to either of those in the last few years - the majority of those program budgets are spent on ThemeForest and CodeCanyon promotion. Market also has a very active SEO program operating across all the marketplaces, and we run customer retention and re-engagement campaigns for Marketâs customer email lists.
Our Content Marketing channels (e.g. blog, YouTube, social media) are focused on Elements, along with the majority of Product Marketing (which focuses on feature development).
Currently, I think the biggest marketing channels for Market are paid search and display, followed by affiliates and SEO.
I believe we need to face the issue directly and analyze its root causes.
When did the downturn start, and what events triggered this situation? The marketing department and Envatoâs strategic direction team are two extremely important units. Regarding marketing, why doesnât Envato outsource work to external companies to reduce costs and improve revenue quality? As for the team responsible for strategic product direction â are they just sitting there, drawing a salary without making any effort to change the game?
I think Envatoâs leadership team needs to seriously sit down, reflect, and evaluate the situation together with the top authors on Envato. Only by doing so can we resolve bottlenecks and grow together.
We all know the ThemeForest/CodeCanyon causes, and no, Elements had a little impact over this. To have a constant âhey go here to get everything for few bucksâ banner surely didnât help, but this isnât the point.
Envato rose thanks to the WordPress boom back in the days, but they always dealt with software in the same way they did with static assets. Sitting down on sales incomes and adopting a short-sighted vision.
No piracy protection, no usage check tool, no revision over old and outdated codes (maybe once years ago?). Above all, never realized software is a live thing and the pay-once-get-everything model would have failed in the long term.
Icing on the cake, authors-driven prices in a worldwide scenery started a race to the bottom, totally opposite to global inflation.
- The market quickly filled up with cheap products, saturating the niches.
- Not getting incomes, most of them are abandoned since long time
- Top authors struggled getting decent incomes and moved away
- Envatoâs reputation fell down
- Despite of the marketing campaigns (they exists, I did see a product of mine advertised recently on Google) buyers tend to not go on Envato to get products for their projects
To not talk about marketplaceâs maintenance. In the past 5 years we only saw pieces being removed and zero innovation.
@BenLeong you state the âsearch and displayâ marketing is the one getting more resources, but I canât believe at Envato you didnât notice the sensible (and constant) sales decrease over the past years. What is the point of spending money on the same strategy if itâs clear it is not working anymore..?
The market should be entirely restructured, but we all know this isnât gonna happen and itâs on the lower end of new governance plans. Envato makes money with Elements > Elements is a cauldron of low-end products > Envato needs quantity over quality > the marketplace is good as it is.