RPI = the valueless statistic

Posted by mattantonino | Posted in Earnings, Microstock World, Tricks, business | Posted on 01-07-2008

2

I read a lot of microstock blogs – every one that I know about. I hear a LOT about RPI, return per image.

This stat has no value, month to month. I’m sorry, but it’s true. It’s an interesting stat, but has no value. Sort of like innings pitched for baseball or blocks per 48 minutes for basketball. (Kenny George averaged a triple double per 48 minutes last year for UNC-Whatever…he still didn’t get chosen in the NBA draft).

RPI has no value for two reasons:
1) As your collection grows, older stuff gets pushed aside and newer stuff makes the majority of your income. RPI would have more value if you only counted your top 200 images every month. Then you’d at least have a measurable stat. By measuring your lowest images as well, you’re saying “well, I made 10 cents per image this month and 11 cents last month so my RPI is down” – so? Last month you had 650 images and made $71.50 This month you had 900 images and made $90. Your RPI is down but income is up and those new images helped increase you $28.50 or 11.4 cents per image. Basically, the older images can hold you down.

2) As the stock agency’s collection grows, your RPI is absolutely positively *always* going to drop. The only thing you can do about that is increase your gallery faster than the market increases. If market share increases 3%, increase by 6%. Your RPI may go up – it may drop. In the end, your earnings *will* increase.

RPI is not a terrible stat. Statistics should help us – they should show us a path and lead us to a new plan or future. What RPI shows is a snapshot but it’s not comparable month to month. I made $82 with 161 images online. RPI of $.50 Last month I made $400 on 1000 images. RPI of $.25 OH NOES – my RPI is tanking! I only increased income 5x but my RPI dropped.

So RPI – dead to rights. Forget it. If you’re not increasing your portfolio, your earnings will drop. Older images sell less. No news there. If you’re increasing your portfolio, RPI will rise slightly then drop. Every.single.time. No news there either guys – sorry.

If you truly care about your RPI, dump your worst 10% of your portfolio every month – your RPI will triple.

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Comments (2)

Good post, I like your writing style! I’ve added http://niltomil.com/ to my feed reader, and will be reading your posts from now on. Just a quick question – did you design your header image yourself, or have it done professionally? If you had it done by a professional, who was it?

Hi John,

First of all, your email you left the comment with doesn’t work so I figured you may check back here.

Thanks for the comments and adding me to your feed reader. J As far as the header, which part do you mean? The ad is just a shutterstock ad but the logo, name and all the top stuff was me. I’m part do-it-all guy.

Thanks & hope you keep reading.