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Author Topic: 123rf reducing commissions  (Read 6798 times)

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PaulieWalnuts

  • On the Wrong Side of the Business
« Reply #75 on: February 09, 2018, 10:08 »
+23
We understand that these changes have caused a lot of concern among Contributors but rest assured, the coming phase would be good news for Contributors.

OMG, bwahahahahaha they can't be serious. I can just imagine the execs sitting around the meeting table. "Okay so we need to reduce contributor commissions. Let's not tell them and when they eventually figure it out give them the old 'we have good news' line?" (everyone laughs)

Fast forward a couple months. "We're excited to announce we've launched some great changes that will benefit all contributors. We've adjusted (lowered) royalty percentages for contributors and have improved (raised the goal bar really high) contributor goal levels. This will benefit contributors (123rf) by encouraging you to contribute a higher quantity and quality work. You will make more (less) money through increased sales volumes (falling sales). We're proud to support our wonderful contributor community with these exciting changes.

FAQ

Q: How will this impact my income?
A: You will somehow miraculously against all mathematical theory make more money from reduced commissions and lower sales volume. Aren't you excited?

Q: Are my royalties being reduced?
A: Reduced is such a harsh word. We prefer to use the word "adjusted" which is much more pleasant and doesn't specify a reduction.

Q: How do I benefit from these changes?
A: There will be absolutely no benefit to you but we'll spin it so it sounds exciting like you'll somehow benefit.

Q: Can I opt out of these changes?
A: Absolutely. We believe in freedom of choice, fairness, and strong relationships with our contributors. You can request to close your account or if you prefer you can openly complain on the internet and we'll close it for you.

Humor aside, it will be interesting to see what the "good news" is.



Me


« Reply #76 on: February 09, 2018, 10:30 »
+1
They will make an announcement ONCE all the changes have been introduced - so they will tell us after we have already found out, good of them. I was regularly earning $200-$300 a month with them until about 18 months ago, now lucky to hit $75, and now they have cut levels again. Gone from level 5 at 50% to probably level 2 now on what, 30%?

« Reply #77 on: February 09, 2018, 11:49 »
+1
Everybody loves surprises... Unless they are terrible surprises.

Uncle Pete

  • Great Place by a Great Lake
« Reply #78 on: February 09, 2018, 13:54 »
+4
Everybody loves surprises... Unless they are terrible surprises.

The timing of the announcement is also interesting. They could have held at 2017 rate for this year and then in 2019, based on the earnings, artists would be at the new rate. Instead they pulled the rug out from under contributors, without notice, and said, we'll be telling you what happened in a few months.

Or they could have announced in October that the 2018 rates would be adjusted based on 2017 sales. Instead they said nothing, made the change, and haven't explained anything except what some people have discovered. I'm happy I left. No terrible surprises from 123RF anymore.

Watch that 8.6 in the poll and see how you are earning more with the new plan. Anyone taking bets on the rise or fall of the number?  :)

« Reply #79 on: February 09, 2018, 18:08 »
+5
This might be a good time to remind of the last royalty cut stunt that 123rf pulled of some years ago:
http://www.microstockgroup.com/123royaltyfree-com/123rf-sharing-commissions-with-parent-company-inmagine/


We aren't the same company, just the same stock holders. No matter how they lie about the new levels, we're getting a cut in pay and they are making more money. We're being lied to again.
« Last Edit: February 09, 2018, 18:13 by JimP »

« Reply #80 on: February 15, 2018, 08:18 »
+2
If the final result will be lower commission I will delete my portfolio. I am tired to be treaten like an idiot.
I will feel better and it will be completelly painless as I am earnig here 2% compared to SS.

« Reply #81 on: February 15, 2018, 10:37 »
+6
Is it really too much to ask these companies to operate with a minimum baseline of common decency?  I'm also getting tired of the drama of deleting files, not uploading to certain agencies and trying to track all of the bad behaviour.  I've stopped uploading at 123. I have clients who use them and I'll be vigorously informing them of the bad behaviour.  If the "great news" is bad enough, I'll delete my port. Ever since they pulled the royalty credit stunt, I've put them in the same category as IS and DP and bad reputations are hard to shake.


 

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