Scaling income?

[khafff]

I've been consistently uploading to the Logo Maker for a year, and over the past six months, I've noticed that my income has pretty much plateaued at one number with small fluctuations here and there.

Here’s the kicker: six months ago, I had around 100 logos in my portfolio, and now I’m close to 400. And the income is still the same.
This all has me wondering if I’m missing something in my approach.

Could it be an issue with pricing, positioning, or perhaps something else?

[majidshowghi]

Sorry I have no answer for you, but I got a question 🙂
So, how does it work? 
Do you upload your samples to a "Logo Maker" and make money out of it?
For example, are you paid whenever someone uses your design in the Logo Maker? 
 

[markwilsson]

its great you can publish more than 400 logos, i'm still at 60 logo limitation, but in my case if we update our existing logo here and there then it there is a chance we get a new sale from that, i think they just re-promote them if we update new categary sometime. with 60 active logos i'm getting 25-30 orders per month average.

[khafff]

9 hours ago, markwilsson said:

its great you can publish more than 400 logos, i'm still at 60 logo limitation, but in my case if we update our existing logo here and there then it there is a chance we get a new sale from that, i think they just re-promote them if we update new categary sometime. with 60 active logos i'm getting 25-30 orders per month average.

Yeah, and it’s probably going to stay this way. The idea is that with a higher earnings share, you should be making more, but in reality, the income doesn’t increase as much.

For me, even with 400 logos, it’s not significantly higher than when I had just 60. Initially, I was getting 30-50 orders, and now it’s still kinda the same, just with a slightly higher share.

1. So, let's say you start with 50 logos and a 20% earnings share — that gives you a certain amount, let's call it 1X. Right?
2. Now, after uploading logos consistently, with 8x the number of logos and 2x the earnings share (400 logos and a 40% earnings share) — you’d expect 4X, 8X times the income, right? But nope, you only get 2X.
Why? No one knows.

I believe we, as sellers, deserve to understand why it works this way. If I had known that uploading hundreds of logos wouldn't lead to a significant increase in income, I wouldn’t have been so consistent with it.

But at least now, my experience is shared here in this forum 🙂

[designmarjolein]

That's so interesting to hear @khafff. Also, you have put in so much work to reach 300 logo's, respect!
You would indeed think that this amount would triple/quadruple the income that you made with 'only' 60 logo designs.
Do you think your designs have been pushed less in the algoritm because of this amount?
Curious for the answer of Fiver Logo Maker.

I have just upgraded to level 3, so I am able to increase my logo designs to a maximum of 1000 as well.
Was looking forward to increase my income as a Fiverr Logo Maker designer, but when reading your post I'm not so sure that this will actually increase...
This makes designing more logo's actually less interesting, that's a shame!

[khafff]

19 hours ago, designmarjolein said:

That's so interesting to hear @khafff. Also, you have put in so much work to reach 300 logo's, respect!
You would indeed think that this amount would triple/quadruple the income that you made with 'only' 60 logo designs.
Do you think your designs have been pushed less in the algoritm because of this amount?
Curious for the answer of Fiver Logo Maker.

I have just upgraded to level 3, so I am able to increase my logo designs to a maximum of 1000 as well.
Was looking forward to increase my income as a Fiverr Logo Maker designer, but when reading your post I'm not so sure that this will actually increase...
This makes designing more logo's actually less interesting, that's a shame!

I'd love to share my experience to help you save your resources 🙏
So, a few things to keep in mind:

First off, like the Fiverr Logo Maker team says, consistency is key.
Over time, logos can get pushed down in the algorithm and seen less.

BUT honestly, I made the mistake of trying too hard by adding two extra hours to my daily schedule to design and upload a logo every single day. I don’t think the frequency matters that much, to be honest. I’d say 3 logos per week is more than enough. I thought that having hundreds of logos would scale my income exponentially compared to 60-100 back when I started, turns out - nope.

Another thing: don’t stress too much about working on variations in the interface.
If you can knock them out quickly, great! But if not, it might not be worth the time. From my experience, the time spent on variations doesn’t necessarily lead to more impressions. What really matters is the logomark itself - it needs to be creative and people should like it.

Lastly, you’ll probably notice that your logos end up being sold to industries other than the ones you selected. It’s unclear whether someone is reviewing and suggesting other industries for them, but it happens. Just keep that in mind and don’t spend too much time worrying about picking the perfect industry.

P.S. After spending so much time analyzing the platform, I’ve noticed some changes behind the scenes. Earlier this year, the keywords would update every couple of weeks, but now, the trends have barely changed for over a month. So just be aware that things change and demand for a reconsideration.

[khafff]

20 hours ago, designmarjolein said:

That's so interesting to hear @khafff. Also, you have put in so much work to reach 300 logo's, respect!
You would indeed think that this amount would triple/quadruple the income that you made with 'only' 60 logo designs.
Do you think your designs have been pushed less in the algoritm because of this amount?
Curious for the answer of Fiver Logo Maker.

I have just upgraded to level 3, so I am able to increase my logo designs to a maximum of 1000 as well.
Was looking forward to increase my income as a Fiverr Logo Maker designer, but when reading your post I'm not so sure that this will actually increase...
This makes designing more logo's actually less interesting, that's a shame!

Here's a simple graph to help visualize my journey:
The gradient bars represent the amount of logos compared to the income, starting with a 1:1 scale during the first 100 logos.
As you can see, the difference between the income and amount of logos is huge 🙂

[designmarjolein]

@khafff Whoa, your analyzing skills are on point!
I should take some time to look into these percentages as well.
So what amount of logos versus the income would you say is the sweet spot then?

Also, thank you for sharing your experiences. Feel free to ask anything about mine, to help each other grow!

[khafff]

1 hour ago, designmarjolein said:

@khafff Whoa, your analyzing skills are on point!
I should take some time to look into these percentages as well.
So what amount of logos versus the income would you say is the sweet spot then?

Also, thank you for sharing your experiences. Feel free to ask anything about mine, to help each other grow!

I'm really happy I could help you out! I wish I had received advice like this when I was just starting.

Sweet spot: I’d recommend uploading 2-3 logos a week (consistently).
Let the older ones go and keep the new ones up for a while.

This way, you’ll maximize your income while minimizing time wasted.
With this approach, your tier will grow quickly, and I’m sure you'll hit the top tier in 1-2 years.
The way I see it, the income should be able to multiply 2-3x after that.

Edited November 14 by khafff

[markwilsson]

On 11/13/2024 at 11:36 PM, designmarjolein said:

That's so interesting to hear @khafff. Also, you have put in so much work to reach 300 logo's, respect!
You would indeed think that this amount would triple/quadruple the income that you made with 'only' 60 logo designs.
Do you think your designs have been pushed less in the algoritm because of this amount?
Curious for the answer of Fiver Logo Maker.

I have just upgraded to level 3, so I am able to increase my logo designs to a maximum of 1000 as well.
Was looking forward to increase my income as a Fiverr Logo Maker designer, but when reading your post I'm not so sure that this will actually increase...
This makes designing more logo's actually less interesting, that's a shame!

congratulations for promoting to the level 3 and 1000 logos spots, did you do any request or did you apply for the level 3 promotion? it will be great helpful if you share us how you get to level 3. i have uploaded around 100 logos but only 60 logos are live and active, if need to activate a new one then i have to pause a logo from the 60 logo already activated. thank you in advance 🙂 

[arefinemunna3d]

Your portfolio had around 100 logos, and now you're close to 400! Just WOW!

[khafff]

On 11/22/2024 at 10:25 AM, markwilsson said:

congratulations for promoting to the level 3 and 1000 logos spots, did you do any request or did you apply for the level 3 promotion? it will be great helpful if you share us how you get to level 3. i have uploaded around 100 logos but only 60 logos are live and active, if need to activate a new one then i have to pause a logo from the 60 logo already activated. thank you in advance 🙂 

Actually, you don't need to request anything. I believe I reached level 3 the same day I maxed out level 2 logos.

It's strange that the Logo Maker team hasn't upgraded you to level 3 yet.

Maybe they've reached some kind of oversaturation on the platform - too many logos now?
We may never know, as they don't seem as active in the forum as they were a year ago.

[reve_line_d]

it might raise the cumulative number of our impressions because of the multiplication of the number of logos with impressions. I have analyzed it. but for sales it's not guaranteed.
there are so many random possibilities out there especially logo styles, vintage ups and downs trends, and whether you submit a logo that fits what the client is looking for or not. that's sometimes gambling, in my opinion you need to analyze which industry is still empty and you don't have it yet, and you should try to make a logo in that industry, with of course try different design style.

[khafff]

On 11/26/2024 at 2:38 PM, reve_line_d said:

it might raise the cumulative number of our impressions because of the multiplication of the number of logos with impressions. I have analyzed it. but for sales it's not guaranteed.
there are so many random possibilities out there especially logo styles, vintage ups and downs trends, and whether you submit a logo that fits what the client is looking for or not. that's sometimes gambling, in my opinion you need to analyze which industry is still empty and you don't have it yet, and you should try to make a logo in that industry, with of course try different design style.

I totally get what you're saying, but when your portfolio starts to look like a logo fashion show with all kinds of styles, you can't help but wonder – is this really just a trend thing? 

As for the logos everyone raves about – I've got a bunch that have been sold over and over, but in the last month?
Barely a peep. 

It's like playing a guessing game without the clues.
I just wish there was a magic metric system that could give me a hint about what’s going wrong.
But then again, how can you measure something when you're not even chatting with the client?

[reve_line_d]

14 hours ago, khafff said:

I totally get what you're saying, but when your portfolio starts to look like a logo fashion show with all kinds of styles, you can't help but wonder – is this really just a trend thing? 

As for the logos everyone raves about – I've got a bunch that have been sold over and over, but in the last month?
Barely a peep. 

It's like playing a guessing game without the clues.
I just wish there was a magic metric system that could give me a hint about what’s going wrong.
But then again, how can you measure something when you're not even chatting with the client?

Actually, it comes back to our goal. Do we want to focus on creating logos for the same industry, or should we explore and fill in other industries? Based on the data I've gathered, as long as we don't continuously create logos for the same industry, it should be fine. In fact, Fiverr once mentioned that if we have one logo that sells well in a particular industry and we keep creating similar logos in that same industry, the new logos may end up competing with our own top selling logo. That's a fact they stated.

And this isn't about making our portfolio look like a fashion show. rather, it's about strategically identifying opportunities. In my opinion, filling an industry that lacks our presence will actually increase our sales. When sales improve across various categories, it can also help revive interest in our older logos. This is another fact I learned from Fiverr.

So, my approach is based on this reasoning. I prefer to target industries where my logos aren't yet present, rather than competing in industries that are currently trending. As long as my existing logos continue to perform well, that's what matters to me.

[khafff]

On 12/1/2024 at 1:12 PM, reve_line_d said:

Actually, it comes back to our goal. Do we want to focus on creating logos for the same industry, or should we explore and fill in other industries? Based on the data I've gathered, as long as we don't continuously create logos for the same industry, it should be fine. In fact, Fiverr once mentioned that if we have one logo that sells well in a particular industry and we keep creating similar logos in that same industry, the new logos may end up competing with our own top selling logo. That's a fact they stated.

And this isn't about making our portfolio look like a fashion show. rather, it's about strategically identifying opportunities. In my opinion, filling an industry that lacks our presence will actually increase our sales. When sales improve across various categories, it can also help revive interest in our older logos. This is another fact I learned from Fiverr.

So, my approach is based on this reasoning. I prefer to target industries where my logos aren't yet present, rather than competing in industries that are currently trending. As long as my existing logos continue to perform well, that's what matters to me.

That's an interesting perspective... To view things. Competing with your own logos isn't necessarily a bad thing – you can't always predict which one will perform best. Since there aren't an overwhelming number of industries, it's possible to create 3+ logos per industry each year. However, that doesn't guarantee exponential income growth.

You seem quite confident in your skills.
Does your income curve differ significantly from mine?

[reve_line_d]

9 hours ago, khafff said:

That's an interesting perspective... To view things. Competing with your own logos isn't necessarily a bad thing – you can't always predict which one will perform best. Since there aren't an overwhelming number of industries, it's possible to create 3+ logos per industry each year. However, that doesn't guarantee exponential income growth.

You seem quite confident in your skills.
Does your income curve differ significantly from mine?

my perspective based on the results of discussions with Fiverr, where the competition with our logo will also worsen our logo which has good performance, but it doesn't matter if we feel that the performance of our most sold logo is decreasing. and don't forget if the view is more than 3k and there are no sales then we should consider changing the logo. and of course, the reason I fill many industries is also their advice where we will actually have more opportunities if we can fill in various industries.
speaking of income, yes different than yours. can be said to be quite stable.

[khafff]

On 12/6/2024 at 11:18 AM, reve_line_d said:

my perspective based on the results of discussions with Fiverr, where the competition with our logo will also worsen our logo which has good performance, but it doesn't matter if we feel that the performance of our most sold logo is decreasing. and don't forget if the view is more than 3k and there are no sales then we should consider changing the logo. and of course, the reason I fill many industries is also their advice where we will actually have more opportunities if we can fill in various industries.
speaking of income, yes different than yours. can be said to be quite stable.

That's interesting. If you don't mind me asking, how many logos have you uploaded and what's your upload schedule?

[reve_line_d]

3 hours ago, khafff said:

That's interesting. If you don't mind me asking, how many logos have you uploaded and what's your upload schedule?

if I have totaled it, I have actually reached 1000, but before reaching 1000, I deleted several logos that had more than 3.5k impressions and did not get any sales at all. Regarding my schedule, I only upload regularly every day, so there is progress every day.

[khafff]

11 hours ago, reve_line_d said:

if I have totaled it, I have actually reached 1000, but before reaching 1000, I deleted several logos that had more than 3.5k impressions and did not get any sales at all. Regarding my schedule, I only upload regularly every day, so there is progress every day.

Thanks for giving out advice!
Do you think deleting poorly-performing logos before reaching that 1000 limit is necessary?