A sudden complete halt. I don’t take this seriously anymore, basically just paying my internet bill… but now even that is not the case. I came here to see if others are feeling the AI squeeze.
I hope it will get better.
Sales have been going downhill since 2019. It all started when Videohive allowed authors to set their own prices for items. This opened the door for authors from countries with weaker currencies to offer their products at rock-bottom prices. As a result, buyers started prioritizing cheap items over quality.
Then Envato Elements came into the picture and things took a nosedive for me. My sales dropped by more than 50% because of it. And just when I thought things couldn’t get worse, the Covid-19 pandemic hit. I went days without any sales, which was something I had never experienced before.
After about a year and a half, things started to look up. But then the Ukrainian war started and sales plummeted once again. Now, in May 2023, it’s not uncommon for me to go days or even weeks without making a sale.
If Envato wants to boost sales, here are a few suggestions:
Set a minimum price for items based on their length and resolution. This would ensure that authors are fairly compensated and discourage ridiculously low prices.
Give Videohive more exposure and promotion. It’s the platform that has seen a decline in sales, so it could use some extra marketing efforts.
Consider raising the price of Envato Elements membership. By increasing the cost, you might attract customers to videohive.
The concept of offering memberships that allow unlimited downloads of digital video content may face challenges and prove to be unsustainable over time.
Implementing these ideas could help Envato turn things around and create a better environment for authors and buyers alike.
Try to change prices to minimum, you will see that sales will remain the same. We don’t have any control of sales since 2018. I was on a good road since someone decide to stop everything…
yes, I preferred it when Envato set the prices… I need to price low to make sales and the $6 fee often means I make less than 50% of the sale. I think they should get rid of the fee… just charge a percentage. Many of us , through a long term commitment have earned a good percentage. The policy is generally like most capitalist ventures, what they can get away with.
Personally I found that author-driven pricing was the best change made during the last few years.
I have actually risen my prices and it gave me great flexibility when I needed to shell multiple licenses to a single customer.
Elements on the other hand…
@ sotto3D, yes. I can see that… especially for those who can price & sell their projects in the $30 plus category.
I don’t put up projects anymore, but if I continue, I will try for specialty items that won’t mass sell but that I will price high.
One weird thing…can someone explain if I’m wrong… on my earnings on elements when I check after tax, its always price with -30%.
For Europeans that live in countries that don’t have contract with USA, withhold tax is 30% and that’s ok
but it looks like customers on elements are only Americans. Have I missed something?
btw analytics on videohive item doesn’t work, spins all the time so u cant see who is watching your item on videohive anymore and like somebody said, I always have fixed income ± minor numbers no matter the upload.
Envato Market and Envato Elements Withholding Taxes apply differently. For element earnings, we pay Australian royalty withholding tax, not the USA.
You can learn more here.
my graph looks almost identical, but it started in 2018 not 2019.
100% agree with everything you stated.
This new AI agreement that envato sent out yesterday should have every author worried.
I am selling my videohive profile with all the assets, if someone interested please let me know though my videohive profile.
Come on, for the one who are fed up about the overall situation. Take part of the talk and start some little action. Enough passivity and silence please
You’ve got some amazing projects in your profile! Why are you selling?
Now I am a full time worker and I don’t have time to upload templates, as I don’t upload templates sales are going down, so I thought to sell the account.
If someone interested to buy template wise then I am okay with that as well.
Good luck with that there bro.
Videohive, can freely say Envato is dead long time ago and when I said that 2 years back I only got negative and rude comments.
Hello, I did not receive a satisfactory answer from customer service, so I no longer need a response from Envato. However, I would like to ask other users now. Has anyone experienced that their revenue on Elements does not increase, or only increases minimally, despite uploading several new items and having good sales (statistic on elements) for those new files?
Easy, customers have the ability to download unlimited files on Element.
You need either hundreds of new files, thousands of new files, or make a new VERY high demand file.
That is the only way you’ll increase Element income.
Let me give you an example. I uploaded a fairly simple file. It’s really simple; I’ve done much more complicated ones than this. This new file brought in $90 between 0 and 16 May. That’s considered a lot. The reason I’m writing is that in the past months, I uploaded around 14 new files, and instead of the total monthly income increasing by 14x$90 (1260$ or ok, avg 800$) it decreased by $9 or increased +9$. Irrelevant.