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Author Topic: Adobe Stock  (Read 2984 times)

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« on: July 01, 2017, 20:26 »
0
I'm a little confused about the concept of Adobe Stock, and have some questions. I've been on fotolia for a year now. I logged in to Adobe Stock with my Adobe ID, and it said that I had a fotolia portfolio, and that it would be linked. However, the site then prompted me to upload on that platform, and I didn't see anything else of substance on that site. What's the purpose of the Adobe Stock site for contributors? Can I just upload like normal on fotolia, or is there something else I have to do to link the two platforms? Do people with fotolia platforms make sales on Adobe Stock, and is there a way to see which ones come from which site?


« Reply #1 on: July 01, 2017, 21:19 »
+11
The purpose of Adobe Stock is to appeal to the US market where FT is weak, while still benefiting from a shameful currency manipulation, in Europe, through the FT credit system, which considers 1 euro = 1 US$

An increase of US market share on the FT platform, would have meant overpaying European contributors for sales made in US.
After launching Adobe Stock, they can continue to underpay US contributors for sales made mainly in Europe by FT, while growing, separately, their US business.

Obviously the profits they make by underpaying US contributors are large enough to justify the expenses incurred by the coexistence of two similar platforms.

Rest assured that if the Euro falls below the US$, FT will be shutdown immediately.

Meanwhile, you will get most of your US sales from Adobe and most of your European sales from FT.

Otherwise, from an upload point of view it doesn't matter what you use.


« Last Edit: July 01, 2017, 22:50 by Zero Talent »

« Reply #2 on: July 27, 2017, 15:12 »
0
The purpose of Adobe Stock is to appeal to the US market where FT is weak, while still benefiting from a shameful currency manipulation, in Europe, through the FT credit system, which considers 1 euro = 1 US$

An increase of US market share on the FT platform, would have meant overpaying European contributors for sales made in US.
After launching Adobe Stock, they can continue to underpay US contributors for sales made mainly in Europe by FT, while growing, separately, their US business.

Obviously the profits they make by underpaying US contributors are large enough to justify the expenses incurred by the coexistence of two similar platforms.

Rest assured that if the Euro falls below the US$, FT will be shutdown immediately.

Meanwhile, you will get most of your US sales from Adobe and most of your European sales from FT.

Otherwise, from an upload point of view it doesn't matter what you use.

Good info, sad as it is. 

Just to make sure I understand, whatever I upload to FT will automatically be available on AS, correct?  There's nothing more that I need to do?

Thanks!

« Reply #3 on: July 28, 2017, 00:45 »
+6
The purpose of Adobe Stock is to appeal to the US market where FT is weak, while still benefiting from a shameful currency manipulation, in Europe, through the FT credit system, which considers 1 euro = 1 US$

An increase of US market share on the FT platform, would have meant overpaying European contributors for sales made in US.
After launching Adobe Stock, they can continue to underpay US contributors for sales made mainly in Europe by FT, while growing, separately, their US business.

Obviously the profits they make by underpaying US contributors are large enough to justify the expenses incurred by the coexistence of two similar platforms.

Rest assured that if the Euro falls below the US$, FT will be shutdown immediately.

Meanwhile, you will get most of your US sales from Adobe and most of your European sales from FT.

Otherwise, from an upload point of view it doesn't matter what you use.

And what do you think about US American companies selling their goods in Europe for 1$ = 1??
e.g. A Mac costing $2000 in USA will cost 2000 in Europe

Like always: "two weights and two measures", or "do as I say and not as I do"
« Last Edit: July 28, 2017, 00:47 by Chichikov »

« Reply #4 on: July 28, 2017, 01:33 »
0
Zero Talent is right, its to appeal to the US market and FT is very weak in the US. I would say 90% of everything bought is either Getty/IS or SS. Simple as that! very difficult. I also question the Adobe partnership, if that was the right merger??

Think about it, Adobe is a powerful brand BUT they are exclusivly known and involved in softwares, programs for the professional market NOT stock!  the Adobe-stock on its own was nothing! a complete nothing! and now they have tons of people paying monthly subs for their programs etc, etc, all over the world.

So far I havent experienced any benefits what so ever with the Adobe merger and I dont know of anybody that has either. :-\  I hope I am wrong but......

Quasarphoto

« Reply #5 on: October 11, 2017, 08:45 »
0
Zero Talent is right, its to appeal to the US market and FT is very weak in the US. I would say 90% of everything bought is either Getty/IS or SS. Simple as that! very difficult. I also question the Adobe partnership, if that was the right merger??

Think about it, Adobe is a powerful brand BUT they are exclusivly known and involved in softwares, programs for the professional market NOT stock!  the Adobe-stock on its own was nothing! a complete nothing! and now they have tons of people paying monthly subs for their programs etc, etc, all over the world.

So far I havent experienced any benefits what so ever with the Adobe merger and I dont know of anybody that has either. :-\  I hope I am wrong but......

I did, Adobe put a new spin on Fotolia. Before was lukewarm sales, now is picking up and I have the most decent income for my photos from all agencies. I just keep my fingers crossed for a long lasting honeymoon.

« Reply #6 on: October 11, 2017, 08:53 »
0
And what do you think about US American companies selling their goods in Europe for 1$ = 1??
e.g. A Mac costing $2000 in USA will cost 2000 in Europe

Like always: "two weights and two measures", or "do as I say and not as I do"

But they don't (if you're talking about Apple). The price difference is usually very close to the added VAT (and customs). Most countries have a much higher VAT than the US (no VAT, but sales tax). If you make a business purchase, i.e. no VAT, it is now usually cheaper to buy in Europe. And naturally, if the USD falls quickly, like it has this year, the difference in price will increase because they can't adjust the prices along with the currency change each week.

This is why Hong Kong is so cheap. They have 0% VAT and 0% sales tax on electronics.
« Last Edit: October 11, 2017, 09:08 by increasingdifficulty »

« Reply #7 on: October 11, 2017, 09:05 »
0
Zero Talent is right, its to appeal to the US market and FT is very weak in the US. I would say 90% of everything bought is either Getty/IS or SS. Simple as that! very difficult. I also question the Adobe partnership, if that was the right merger??

Think about it, Adobe is a powerful brand BUT they are exclusivly known and involved in softwares, programs for the professional market NOT stock!  the Adobe-stock on its own was nothing! a complete nothing! and now they have tons of people paying monthly subs for their programs etc, etc, all over the world.

So far I havent experienced any benefits what so ever with the Adobe merger and I dont know of anybody that has either. :-\  I hope I am wrong but......

It's not a merger! Adobe bought Fotolia for $800 million dollars. This is to make the use of their creative cloud easier. They aren't just about software and you keep saying. Before this they bought Behance. The purchase of Fotolia was to enhance Creative Cloud where there's money to be made on the subscription, at the same time, selling stock photos from the library of 34 million images that they purchased.

My sales are up and I don't care if they come from Adobe or Fotolia site. Bigger market, more buyers, I make more.

« Reply #8 on: October 11, 2017, 10:46 »
+2
Well, I think they totally neglected EU buyers. I used to get a lot of credit sales XL, L, M, now, very rarely. EL sales were more frequent year ago also. Also, most of my 0.99 sales are coming from US, and those sales are my mostly main income + subs. So, I think US sales increased, but EU sales dropped significally.

Quasarphoto

« Reply #9 on: October 11, 2017, 15:55 »
0
Well, I think they totally neglected EU buyers. I used to get a lot of credit sales XL, L, M, now, very rarely. EL sales were more frequent year ago also. Also, most of my 0.99 sales are coming from US, and those sales are my mostly main income + subs. So, I think US sales increased, but EU sales dropped significally.
How you figure out the buyers location on Adobe?

« Reply #10 on: October 11, 2017, 17:10 »
0
Well, I think they totally neglected EU buyers. I used to get a lot of credit sales XL, L, M, now, very rarely. EL sales were more frequent year ago also. Also, most of my 0.99 sales are coming from US, and those sales are my mostly main income + subs. So, I think US sales increased, but EU sales dropped significally.
How you figure out the buyers location on Adobe?
I was going to ask the same thing.
You saved me the effort to type :-)

Quasarphoto

« Reply #11 on: October 11, 2017, 18:44 »
0
Well, I think they totally neglected EU buyers. I used to get a lot of credit sales XL, L, M, now, very rarely. EL sales were more frequent year ago also. Also, most of my 0.99 sales are coming from US, and those sales are my mostly main income + subs. So, I think US sales increased, but EU sales dropped significally.
How you figure out the buyers location on Adobe?
I was going to ask the same thing.
You saved me the effort to type :-)
If you log in to Fotolia (not Adobe)>contributor area>my statistics there is an option 'how many credits have I earned from US buyers'. You can chose daily,monthly,yearly statistics. There's no Eurpopean option though, so I figure is US and the rest of the world.

« Reply #12 on: October 11, 2017, 21:16 »
0
I figure, because if it's 0,99 sale, I actually get 0,94 because of 5% taxes which are deducted only from US customers.

« Reply #13 on: October 14, 2017, 04:24 »
0
I figure, because if it's 0,99 sale, I actually get 0,94 because of 5% taxes which are deducted only from US customers.
That is 10% for me and US sales weighting ~ 60% of all sales now for me, while it was 20-30 % before the merge. This ratio shift makes up the difference I see in the decrease of total sales.
I also think that they neglected EU buyers or vice-versa, EU buyers don't like As.
« Last Edit: October 14, 2017, 04:30 by Dodie »

« Reply #14 on: October 14, 2017, 15:24 »
0
The comments here on US/non-US sales made me take a look at my data and compare that with Shutterstock numbers.

I've only been back with Fotolia/Adobe since the middle of December 2016, but comparing that period (Dec 16 to now) at both agencies, I have an average of 29% of my Fotolia/Adobe sales are non-US whereas at SS it averages 52%

Given the SS numbers, I have to think the low percentage at FT/Adobe is about the agency, not my portfolio.

Looking back at an earlier period, Jan 2007 to July 2008, Fotolia averaged 86% non US sales for me (I don't have comparable data for SS as they didn't break it out at that time). It's certainly true that if Adobe boosted US sales, that would alter the split, but you'd think it should at least end up where SS is, given how strong FT was in Europe, especially Germany, in the past.


 

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