Top ThemeForest author/designer earned $47,000 in September
notes.envato.com
notes.envato.com
The important questions for everyone else are:
How much money does the median author/designer on ThemeForest earn?
How much material does an author/designer need to upload in order to get that median income?
Er, here we go, the answer seems to be "it depends": http://themeforest.net/wiki/selling/getting-paid/payment-rat...
He is in the markets for less than one year, and has 1000-1999 referrals. As a CodeCanyon member, most signed referrals deposit money. Let's assume the average deposit per user is $30 for Orman. He gets $9 per user.
1999 / 12 = around 150 user per month. 150 * 9 = $1.35k
Not much compared to the actual sales, so most of his sales comes from traffic ThemeForest brings.
To be honest, I wouldn't be interested in the median author/designer. They're most likely putting little to no effort in to promoting their work. Discovering the level of interest you need to create to get near the top earners would be interesting.
Orman doesn't have very many themes on the site, but he does do a lot of off-site promotion on his blog (and perhaps elsewhere) and give away a lot of material as part of that. That could be a huge time-cost, but may be well worth it from his point of view given the earnings.
I may not have read it closely enough, but I couldn't work out how much of his earnings came from selling his own themes on the site, and how much came from the affiliate income he earned from selling other people's themes when the entry point to the site has included his affiliate code. That affiliate income could really add up if he's sending plenty of traffic their way.
This question comes up all the time on the Themeforest forums, but I haven't seen a satisfying answer. Most authors seem to think that if you have to do significant outside promotion, it isn't worth giving 30-50% of your sales. At that point, you might have better luck selling direct, like Thesis.
Whether that's worth the 30% you're giving away, I don't know. I do know it means the designer/author hasn't had to program (or pay to have programmed) any payment gateway, doesn't have to deal with refunds, isn't a higher target for being hacked as they're dealing with e-commerce, etc etc.
Basically, if you have a small number of themes and don't like programming, my gut feeling is you're better off on a large-ish site who is getting traffic independently from your efforts. If you can make a ton of good themes and handle all the programming and marketing, being on your own starts to make more sense.
Go look at the plugin list in your WordPress/bbPress - when was the last time you donated to any of them?
Geeks are a strange breed. We'll code our fingers off because it's fun. Seeing somebody use our code (they like me! They really really like me!) is better payment than dollars.
(So long as we're being fed and can keep the internet from getting shut off due to non-payment)
Call me shallow but I like some of the nicer things in life. And I want to buy a fast car too. If a hardware engineer can do it, is it wrong for me to want to do it ?
This isn't necessarily an open source thing, either. I'm not a part of an OSS projects, but I am part of projects that cost me money, that I see almost no financial return from, and that make me happy simply because people use them.
i disagree. there are so many more people who go with free theme options over paid themes. same for plugins. you can make a lot of money with both if you make something people want to pay for.
His blog is ranked very highly (& rightly so), so it's more a of a success for him than ThemeForest I would guess.
Thanks for picking that up.
You seem to imply there are multiple designers selling more than ~800 items a month. The spotify market is really that large?