I put in my first bid for a job on Droners.io. There's not a lot of work in my area and only 6 of us have put in bids. The job was posted on July 26th and is still active with no bids accepted yet. Is this normal for a job? I'm just trying to get a feel for the site and how it all works.
You have to know whether you yourself are going to make money on it, otherwise, you are just doing if for fun.
First you have your equipment costs that have to be accounted for example, say you spent $2100 on equipment (low estimate assuming no backup drone). Payback for that will depend on how often you get jobs, say two per week with a few weeks off per year (very generous from those sites) assuming a 2 year replacement period.
Cost per job for equipment: $10.50
New tablet ever 3 years. $1.00
Battery replacement: Roughly Every 65 charges with average 2 batteries per job $3.00 (mapping jobs, generally cost you more, because they use more batteries)
Insurance: $10 per job
Travel: Say $0.58 per mile (gas, cost of vehicle, oil, maintenance, cleaning)
Tolls: $x.xx
Say you take one of those weird- no interaction jobs from one broker for $50.
Thirty minute drive there (roughly 60 miles total) and back, no toll, you are on site for one hour and you spend 1/2 hour uploading assets.
You start with your estimated costs: $10.50+$1+$3+$10+$34.8= 59.3 You have donated $9.30 and made $0 for your time.
Same job for $100 from droners.io, remembering they will take 10% and your money transfer will cost a few percent.
$88-59.3=28.7, so you have made $11.48 per hour.
Most people leave out the opportunity cost of you driving, and their equipment costs. I left out a few things, but you can see where I'm going with this. You have to calculate all your costs, including your time, when you bid on a job. The problem is you are competing with mostly hobbyists that don't have to make a living in this field, so if they make a few bucks to pay for their hobby or their habits and they are happy. That's one reason the rates are so low.