In the forum, people will say, they are lots of amazing items in GR. you can use the $5. Riiight! I know. You're Right. There are amazing items there. Do I really have to use that $5 for a graphic item I don't need? You probably going to end up searching for graphics for an hour to save your extra $5. So I'll just leave there? After one year, the money goes to Envato. Boooooooo!
This guy is a genius in my opinion, what he has done with the Envato network, Theme forest, all the Tuts websites.... i mean the amount of traffic he gets..... i dread to think how much money hes making..
Seriously, how could they be inspirational? they take 60% of your work in their marketplace and they have this very bad business model to steal some more money from you because they won't allow you to deposit custom amount of money. Minimum deposit is understandable.
Jesus, not because every other marketplace does that meaning they have to do the same. Is this the future? huh? Collis? Fuck the future. You're a theft!
Interesting U should bring this up. It is the subject of discussion in the next part of the interview, 2 B uploaded soon. Is it quite costly 2 run a venture like this, & you also need 2 make enough money 2 B able 2 grow the business. That is why the price point is what it is, across a lot of these sites after many years of trial and error, with cheaper sites going broke. If anyone is going 2 do this fairly, it will be Collis. U don't have 2 use his sites, but people do. Its working well.
I never complained about the price point. I think the prices are very cheap already. It's the custom deposit that I was complaining about. TF or other Envato marketplaces have been featured on many popular sites. But out of 30 users, they are about 5-8 users who disagree with business model.
Say I wanna buy a WP theme costing $25. I have to deposit $30. and please, please. Don't say I can use that to other marketplace like GR because I don't want to buy in GR. Just the WP theme. Ridiculous.
40% in the beginning, you can get even 70% of the revenues. What are you talking about? Say it or not Envato's Marketplaces are the best on this business.
Look at istockphoto - start at 20% and go way up to 40% - and some people on istock are doing massive numbers. I can't see istock offering 70% of anything to anyone.
Take a look at zoomer, they give authors 90% of all profits (It's a stock photo site) , I like themeforest, don't get me wrong, Collis is brilliant, and the quality of work they offer is great, I just think the authors should get paid a little more. At least 50% at the bare minimum since building flash sites and xhtml sites are a little more involved than stock photos.
Thanks for the reply. It all comes down to price points and business models. As discussed in this interview, Envato has to actually make money in order to survive - and it must make a profit. It has to be a price point that is competitive, fair and provides enough income so they can continue to develop the sites and reinvest into their company. The risk of being too cheap or giving too much of your gross income away is that you go broke.
don't forget that these percentages are not of profits, they are GROSS. How many companies give away percentage of gross to creative people? I come from the music business, artists get a tiny percentage of NET profit usually - which is often zero - and often the record companies make sure there is no NET profit - fancy video clips and recording sessions all come out of the artists share. 40-70% of GROSS income is massive by any measure. 90% will send you broke real quick.
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WisitOnTube 3 months ago
Why Collis was laughing when he asked the question?
wordpressexpert 9 months ago
When is the part 2 of this coming!
markupdude 2 years ago
In the forum, people will say, they are lots of amazing items in GR. you can use the $5. Riiight! I know. You're Right. There are amazing items there. Do I really have to use that $5 for a graphic item I don't need? You probably going to end up searching for graphics for an hour to save your extra $5. So I'll just leave there? After one year, the money goes to Envato. Boooooooo!
Paulgd1976Nazi1 2 years ago
where are the rest of the parts?
hiphopmakers 2 years ago
This guy is a genius in my opinion, what he has done with the Envato network, Theme forest, all the Tuts websites.... i mean the amount of traffic he gets..... i dread to think how much money hes making..
Skleevan 2 years ago 2
This comment has received too many negative votes show
assholes.
jarlonicholas 2 years ago
RickRoll'd is a related video!
ntulip 2 years ago 3
Proud to be a Theme Forest and Graphic River author! Keep up the great work Collis!
themolitor 2 years ago 2
Seeeing Mr Collis live !!!!
Its awesome.. very inspirational !!
I'm one among billions fans of ENVATO network !!!
abhijeiway 2 years ago
Seriously, how could they be inspirational? they take 60% of your work in their marketplace and they have this very bad business model to steal some more money from you because they won't allow you to deposit custom amount of money. Minimum deposit is understandable.
Jesus, not because every other marketplace does that meaning they have to do the same. Is this the future? huh? Collis? Fuck the future. You're a theft!
Paulgd1976Nazi1 2 years ago
Interesting U should bring this up. It is the subject of discussion in the next part of the interview, 2 B uploaded soon. Is it quite costly 2 run a venture like this, & you also need 2 make enough money 2 B able 2 grow the business. That is why the price point is what it is, across a lot of these sites after many years of trial and error, with cheaper sites going broke. If anyone is going 2 do this fairly, it will be Collis. U don't have 2 use his sites, but people do. Its working well.
Cyrius01 2 years ago
I never complained about the price point. I think the prices are very cheap already. It's the custom deposit that I was complaining about. TF or other Envato marketplaces have been featured on many popular sites. But out of 30 users, they are about 5-8 users who disagree with business model.
Say I wanna buy a WP theme costing $25. I have to deposit $30. and please, please. Don't say I can use that to other marketplace like GR because I don't want to buy in GR. Just the WP theme. Ridiculous.
Paulgd1976Nazi1 2 years ago
40% in the beginning, you can get even 70% of the revenues. What are you talking about? Say it or not Envato's Marketplaces are the best on this business.
ivorpad 2 years ago
Yeah to gain 70% you have to sell 300,000 dollars, and I am dead serious, that is the number, barely anyone reaches that, maybe 10 if that.
dotsona07 2 years ago
Look at istockphoto - start at 20% and go way up to 40% - and some people on istock are doing massive numbers. I can't see istock offering 70% of anything to anyone.
Cyrius01 2 years ago
Take a look at zoomer, they give authors 90% of all profits (It's a stock photo site) , I like themeforest, don't get me wrong, Collis is brilliant, and the quality of work they offer is great, I just think the authors should get paid a little more. At least 50% at the bare minimum since building flash sites and xhtml sites are a little more involved than stock photos.
dotsona07 2 years ago
Thanks for the reply. It all comes down to price points and business models. As discussed in this interview, Envato has to actually make money in order to survive - and it must make a profit. It has to be a price point that is competitive, fair and provides enough income so they can continue to develop the sites and reinvest into their company. The risk of being too cheap or giving too much of your gross income away is that you go broke.
Cyrius01 2 years ago
don't forget that these percentages are not of profits, they are GROSS. How many companies give away percentage of gross to creative people? I come from the music business, artists get a tiny percentage of NET profit usually - which is often zero - and often the record companies make sure there is no NET profit - fancy video clips and recording sessions all come out of the artists share. 40-70% of GROSS income is massive by any measure. 90% will send you broke real quick.
Cyrius01 2 years ago
very interesting =)
Kriesi 2 years ago
looking forward to parts 2-4
dtmwerksm3 2 years ago
cool
Tevinsmind 2 years ago
such an inspirational guy, keep it up Collis.
idilciise 2 years ago
Nice interview! Are there any more parts as the title suggests? (3 more)
metallica1987arg 2 years ago
yes there are - just posted the first one while I finish editing the rest! :-)
Cyrius01 2 years ago
Thanks for the quick reply! :) I subscribed; looking forward to the next vids :D
metallica1987arg 2 years ago
interesting business model.. i am familiar with their sites, thanks for sharing.
erfmufn 2 years ago 2