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As a UK contributor the value of a commission 'credit' appears to have just (literally a few seconds ago) jumped from 75p to £1. That's a 33.3% increase and follows a rise, only a few months ago, from 60p to 75p.

This month Fotolia is alone, amongst the agencies I contribute to, in producing significant gain over Jan 2009 __ over a 50% increase compared to last year. This apparent rise in credit value could take them from contributing about 22% of my stock income to nearly 29%. A year ago they were just 16%. That's impressive growth in any language.

Food for thought on the big decision whether to go exclusive with IS.

1 Credit = 1.20 Euro

There is no more credit value information???

Yesterday was 1credit =1,20 $ but today there is nothing....

Cashed out yesterday too............I think for GBP0.75/credit. One small sale today and the credit is indeed now increased GBP 1.00/credit. Ooh, that's nice.

Same on US...
http://us.fotolia.com/Info/Credits
New value 1,20 $

That mean 20 % more of earnings for us, also there is a raise in credits price from this year...

That is big raise for us,not bad!

Here is "new year" earnings changing for Bronze level:
XS: -13% $0.32 --> $0.28
S: +31% $0.64 --> $0.84
M: +9% $1.28 --> $1.40
L: +23% $1.60 --> $1.96
XL: +17% $1.92 --> $2.24
XXL: +25% $2.24 --> $2.80


Now + 20 % more  

I think, they removed that because of buyers...

It's ugly to see bad change for them...

Not bad, not bad!!!

Fotolia  putted  on their site that credit worth 1,2 or 20 % more, so if you make payout of 50 credits that mean you have to get 75 $ or € or GBP etc.

But we need official news from them....

I assume we will get more per sale or are they just going to keep the extra?

I am a little confused ... is this a raise across the cannister levels? Or is it a raise to the credit level? Or both ... If someone could clarify that would be great.

Thanks.


-Mark
http://markwpayne.wordpress.com
 

This doesn't make any sense to me. As contributors we are supposed to be paid a fixed % commission on the value of our sales (at Gold level it is 34% for non-exclusive sales for example).

If they are increasing the cost of credits to customers, and thereby the prices that the licenses are sold at, then our commission should increase accordingly. They can't value a credit at one price to the customer but pay us as if it were a lower value.

It is really important that we get to the bottom of this, find out what is going on and how we are affected.

My last DL was a 5 credit sale which correctly has registered at 1.7 credits commission for me. Obviously I don't know where the sale occurred or what currency was used to buy the credits.

If the license was bought by a UK customer then they would have paid to £5 for it and my 34% commission on that should be £1.70.

However, if my earned credits still only have a value of 75p (as they did before today's increase to the customer) then I will only receive £1.275. That's a royalty of only 25.5% __ and I'm supposed to receive 34%.

I sincerely hope so. On my 'Contributors' page it is still showing "1 Credit = £0.75" which suggests that they've just imposed a 33.3% increase in prices for UK customers and are not intending to pass any of that on to us.

Why do I get the impression that at FT the contributor is the enemy. If you look at one of the later posts on their forum by FT UK office, it basically says that they do whatever they want and contributors can like it or lump it.

They also insisted that everyone must submit an ITIN for US tax authorities just a few weeks ago.