How many of you would quit your current job and sell only through Envato marketplaces...

90 posts
  • Has been part of the Envato Community for over 6 years
  • Has sold $10,000+ on Envato Market
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siredesigns says

...if Envato gave a 75% author rate, and made it permanent?

I would.

I am in a predicament. Between maintaining my current web applications/scripts, bug-fixing, adding features, giving constant support, marketing the script, I have no more time to create anymore scripts while still maintaining another full-time job. I love working on personal projects, but time and other duty’s demand more of me. Then, if I fall behind on support, I respond late to questions regarding support that are on the item’s comments page (which should not be used for support anyways). Additionally, I spend a lot of time finding my files being released for free by doing a Google searches (Illegally, but DMCA ’s do nothing). This in turn decreases my sales, which gives me even less of an incentive to create new products.

If Envato raised the limit, it would give me the fuel I have been longing for to create a better product, which I will make more money and offer better support, while at the same time increasing Envato’s revenue. Basically, they would experience ecomies of scale.

I often wonder how much revenue Envato pulls in during those few days it gives authors 70% during the Birthday celebration. Is Envato willing to release these figures (or any revenue figures), keeping in mind the fact Envato knows how much each and everyone one of us makes too?

302 posts mekshq.com
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meks says

Tricky question. I have the same problem as you.

For example if I had 8h time to work on my ThemeForest templates they would be released every 10, 15 days. I work as a full time and I have only 2 or 3h to work on my templates maximum.

One day maybe, but right now I think that I’m not ready for that.

Cheers!

meks

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WPExplorer says

Envato has overhead….Employees, properties (digital and physical), taxes, affiliates…etc.

If all commission rates where so high they wouldn’t make enough money to promote and sell your work so you would be worse off.

And with payment rates going all the way up to 70% that is WAY more then enough… http://themeforest.net/wiki/account/money-account/payment-rates/

If you really want to “make it big” on TF then you should consider quitting your full time job and focusing on releasing more items and supporting them.

Clearly there are MANY people making a decent and more then decent living on Themeforest and some even have full-time jobs.

....

^AJ

1036 posts
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mudi says

I am already doing as a full time job since I graduated. And I hope to keep doing this for alot of years. I generate income which is sufficient and considered as high pay income in my country. XD

3615 posts Ruben Bristian
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $500,000+ on Envato Market
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KrownThemes says

I don’t have a job! :D

3974 posts After Effects Templates
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miseld says

@RubenBristian Nice Elite badge since you don’t have a job :D

Whole past year i was thinking about quitting full time job .At this moment Envato is main income for me and my family. Personaly for me nothing can’t change Envato in my life, every month is big challange for us authors. If you’re a little creative and want to work upon, Envato is No. 1 in this and can change your life rapidly.

3615 posts Ruben Bristian
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $500,000+ on Envato Market
  • Has been part of the Envato Community for over 6 years
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KrownThemes says
miseld said
@RubenBristian Nice Elite badge since you don’t have a job :D
Thanks :) I was just saying that i never had a full time job.. Since i discovered FlashDen my only income came from there and other various freelance jobs i got trough the marketplaces..
90 posts
  • Has been part of the Envato Community for over 6 years
  • Has sold $10,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Sells items exclusively on Envato Market
+3 more
siredesigns says

@WPExplorer, There are a number of websites doing the same thing that offer higher rates (Cannot list them here, nor would I want to. What they do not have is market share). Of course overheard is a concern. My point is that I am pretty sure the overheard is being taken care of, but we’ll let Envato’s revenue figures settle that. Even if you were right, they would not lose money in the long run (and probably even short run) if a significant portion of the authors on here stepped up their game due to a higher payment rate.

This is just a discussion about whether someone would or would not quit their day job to work with the marketplace full-time. I would. It sounds like you would not.

1950 posts Do the Needful
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JamiGibbs says

I think the better solution would be to raise file prices. Just my 2 cents. ;)

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revaxarts says
JamiGibbs said
I think the better solution would be to raise file prices. Just my 2 cents. ;)

+1

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