Site changes

madelaide

Premium Member

« on: January 27, 2009, 15:37 »

#link

In case you didn't check your inbox in FP, here is an announcement. It's not clear to me if prices will follow a standard, or if we will still be able to set them.

Quote

These changes will simplify things for both buyers and sellers, and will make the administration of FeaturePics more efficient.

Effective January 30, 2009:
The Royalty Free license will be replaced by our Royalty Free Business Extension license. All photos will be available for volume discount. All author agreements will be modified to reflect the changes.

Effective February 15, 2009:
There will be two ways to purchase FeaturePics photos:
(1) Individual photo purchases will remain unchanged.
(2) All images will also be available for volume purchase.
These will all be resized to a few standard sizes and standard packaged pricing options.
Buyers will be able to buy any combination of author’s photos in a given package.
Each author chosen by the buyer will continue to get 70% of the purchased price per photo.


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tan510jomast

« Reply #1 on: January 27, 2009, 15:53 »

#link

You should write them, as they always wrote me back promptly.
I wish FeaturePics all the best .


« Last Edit: January 27, 2009, 15:58 by tan510jomast »	Logged

madelaide

Premium Member

« Reply #2 on: January 27, 2009, 17:54 »

#link

I started a thread in their forum.

Elena had mentioned the volume discounts before. Apparently they have buyers (or prospective buyers) who want to buy images during a certain time period and pay for the overall balance at the end. I don't know however how large the discounts might be.

I hope they still let us set our prices.

Regards,
Adelaide


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null

« Reply #3 on: January 27, 2009, 18:05 »

#link

Quote from: madelaide on January 27, 2009, 17:54

Elena had mentioned the volume discounts before.

Sounds like they want to introduce the subscription model for 25 cents. FP used to sell OK for me, especially after I raised my prices up to 9$ (resizable). Two dollars more till payout again, not one single sale since Nov 17 when before July I used to have 3 per month.
Nearer my god to thee.


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madelaide

Premium Member

« Reply #4 on: January 27, 2009, 18:43 »

#link

Elena guaranteed me it wouldn't be subscriptions, but a monthly balance with a discount due to the amount purchased. It seems more like IS subs, in a way.

Regards,
Adelaide


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sharpshot

« Reply #5 on: January 28, 2009, 03:03 »

#link

I think this has to be good news, as there is only one way sales can go there. I hope they succeed.


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madelaide

Premium Member

« Reply #6 on: January 28, 2009, 15:05 »

#link

From Elena:

Quote

Hello Adelaide!
Prices will be set by the Author.
I will ask a little bit time to come up with the details. I believe we will be able to post the details this coming weekend.

Regards,
Adelaide


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null

« Reply #7 on: January 28, 2009, 19:17 »

#link

Quote from: sharpshot on January 28, 2009, 03:03

I hope they succeed.

Me too. I figure it's a garage operation in St. Cruz, so they don't have much overhead. They made me more than MP, YAY, Albumo, Crestock, LO combined, so yes they have some sort of customer base.


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Dreamframer

« Reply #8 on: January 28, 2009, 19:49 »

#link

I always liked FP and I believe they are doing the right thing


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madelaide

Premium Member

« Reply #9 on: February 12, 2009, 17:58 »

#link

Quote

Hello Everybody!

Since our email of 1/25/2009 we have been busy implementing the Volume Download Program(VDP).
Release to the public will be after our private release to authors on 15 February.

Individual image purchases will stay the same as they are now. We have had, and will continue to have, the prices that you have set, as well as the reduced size reduced price (minimum $0.99 for 1000px) individual image purchases.

The new part is the offering of volume purchases of further downsized images for lower prices. The two plans that we are initially offering are:

- 600px size at $0.60 per image (min 25 images for a sale )(minimum sale $15.00)
- 800px size at $0.80 per image (min 20 images for a sale)(minimum sale $16.00)

As we wrote before –
Resizing option will be defaulted to "Yes".
Royalty Free License will have Business Extension by default.

RM images are outside this. All RF images are in this deal, what I don't agree with - I have images priced at US$60-80 that result in US$15-20 as 800x600 and I don't want them at 80c.

Discussions at their forum:
http://www.featureimage.com/forum/Default.aspx?g=posts&t=478

Regards,
Adelaide


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Pixart

« Reply #10 on: February 13, 2009, 13:08 »

#link

You know what Adelaide, it's not .80 is it, it's worse - 70% of that.

I don't know how they can introduce this plan and allow us to keep our own set rates. Like Adelaide's example, why would they buy an image from her when they could spend much less and get 19 others on top of it.

Also, what is the time restriction on these volume discounts? Hopefully 24 hours.


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madelaide

Premium Member

« Reply #11 on: February 13, 2009, 16:27 »

#link

You're right, Pixart, but I was comparing it with the prices I set (I don't think I made it clear). Elena replied me today, agreeing that not all images may be in this deal when it comes live, but while they are testing it there will be no separation. Hmm.

Regards,
Adelaide


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null

« Reply #12 on: February 13, 2009, 19:54 »

#link

Quote from: madelaide on February 13, 2009, 16:27

Yes I just read that on the FP forum too. The good news is that it seems that full-size is not available for subscription, just small sizes. Elena was also very honest. They lost a lot of customers, she said. Must be like that, since I used to have 2-3 sales per month, and now since half November nothing. She also said she works with a small crew. That means she does it herself or with some part-time grad student. Grin


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sharpshot

« Reply #13 on: February 14, 2009, 04:01 »

#link

I sold one yesterday for $12.50 making $8.75 commission. Sales are rare there but they can be nice when they happen.


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null

« Reply #14 on: February 14, 2009, 11:49 »

#link

Quote from: sharpshot on February 14, 2009, 04:01

I sold one yesterday for $12.50 making $8.75 commission. Sales are rare there but they can be nice when they happen.

Well I had 2-3 per month till July. Then it slowed down and nothing since November. The trend is general, and also on SS. This economy thing is really getting bad and imagery is one of the budget posts they can shrink down quickly without jeopardizing the business too much. FP in particular is hit hard.

Incidentally Sharp, I saw on Talkmicro you aren't too happy about Pixmac. I sortof decided not to upload for now for several reasons, one of them being the lockout of a year and the registered letter you have to send to cancel the account.


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madelaide

Premium Member

« Reply #15 on: February 14, 2009, 16:34 »

#link

From Elena:

Quote

Hello everybody!
Answering your questions regarding ""volume download" package for all images.
NOT ALL images will be included. We have many unique images and they will be excluded from these programs. We will release a pilot project for your review, then will take a week to separate images. We will make a final release only after that.

Quote

Adelaide, we deleted $0.60 option. I think it is too low.
Exceptions - we will use "unique" flag for now.
Step by step we will separate "unique" images and show them as a separate option.

Flemish, FP has slowed down for me too, but I am still managing to get 1-2 sales per month.

Regards,
Adelaide


« Last Edit: February 14, 2009, 16:36 by madelaide »	Ignore \| Logged

madelaide

Premium Member

« Reply #16 on: February 15, 2009, 22:07 »

#link

Elena posted new explanations at the forum. Images priced above US$15 will not be part of the volume packages. If anyone has a suggestion, it would be nice to have a discussion at the FP forum.

Quote

Here is how we have selected images that can be purchased under the plan:
The license is Royalty Free
The price is less than $15.00
Images that are listed on other micro-stock sites
If these criteria present a problem for you, please let us know your concerns.


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zager

« Reply #17 on: June 05, 2009, 04:50 »

#link

Quote from: FlemishDreams on February 14, 2009, 11:49

Quote from: sharpshot on February 14, 2009, 04:01

I sold one yesterday for $12.50 making $8.75 commission. Sales are rare there but they can be nice when they happen.

Incidentally Sharp, I saw on Talkmicro you aren't too happy about Pixmac. I sortof decided not to upload for now for several reasons, one of them being the lockout of a year and the registered letter you have to send to cancel the account.

Ok, so there are two difficulties:
1. one year lock-in
2. written cancelation of an account

Anything else I can work on and improve at Pixmac? :-)

Thank you, Vitezslav, CEO


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Milinz

« Reply #18 on: June 05, 2009, 05:22 »

#link

Quote from: zager on June 05, 2009, 04:50

Quote from: FlemishDreams on February 14, 2009, 11:49

Quote from: sharpshot on February 14, 2009, 04:01

I sold one yesterday for $12.50 making $8.75 commission. Sales are rare there but they can be nice when they happen.

Ok, so there are two difficulties:
1. one year lock-in
2. written cancelation of an account

Anything else I can work on and improve at Pixmac? :-)

Thank you, Vitezslav, CEO

Yes! You may up your lowest prices for about 200% for start.
Then, you must think about how many sales someone contributing to pixmac has to have to collect $100. $100 is at least lowest sum any contributor expect to get from some agency in a month - not in a year or even more!
By some calculations there is return of about $1000 to several tens of thousands of dollars for most serious contributors on single agency! There are also much higher earnings for authors on some specific agencies.
I wish to belong to that group of contributors and all what looks like that is turning me away from low commission low earning agencies!

On your current prices only who will earn some money on pixmac is you and buyers!


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