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Author Topic: $0.02 royalty on iStock  (Read 1916 times)

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Dee

« on: August 23, 2017, 13:47 »
+8
For those considering using iStock, that's how low royalties can get... I just contacted them to close my account.


Noedelhap

  • www.colincramm.com

« Reply #1 on: August 23, 2017, 13:51 »
+6
You act as if this surprises you. Didn't you know 0.02 is their minimum? They made their new royalty plans known months ago.


ShadySue

  • There is a crack in everything
« Reply #2 on: August 23, 2017, 14:09 »
+1
You act as if this surprises you. Didn't you know 0.02 is their minimum? They made their new royalty plans known months ago.

Actually, they can go into negative, which is some sort of deal with Spotify. Down to -0.00657, at least.
Yeah, I know. Don't shoot the messenger.

« Reply #3 on: August 23, 2017, 14:43 »
+2
You act as if this surprises you. Didn't you know 0.02 is their minimum? They made their new royalty plans known months ago.

True but IS double talked and promised this wasn't really the minimum, we were reading it wrong. Ha! Until we started getting ,04 commissions when ESP finally disclosed how we had been lied to. I feel stupid because I actually bought their lies and corporate line math promises. Their forum mods clearly explained why the .02 wasn't true. Getty is nothing but greedy liars.

« Reply #4 on: August 23, 2017, 14:59 »
0
Actually, they can go into negative, which is some sort of deal with Spotify. Down to -0.00657, at least.

Where are you getting this from? Please explain.

ShadySue

  • There is a crack in everything
« Reply #5 on: August 23, 2017, 15:13 »
0
Actually, they can go into negative, which is some sort of deal with Spotify. Down to -0.00657, at least.

Where are you getting this from? Please explain.

It was on one of the official iS groups on Fb yesterday.

« Reply #6 on: August 23, 2017, 15:15 »
+7
I don't know if my payout of $0.01 after leaving was for one sale or multiple sales but it shows that they go below $0.02.

« Reply #7 on: August 23, 2017, 15:25 »
+1
The lowest I've had so far is 3.4 cents, which almost caused me to close my account.  However, overall RPDL this year so far is $0.64 and they are returning from $0.02 to $0.06 per image per month and that is with no uploads for more than 2.5 years, which is higher than all of the low-earning sites.  The very low sales so far are rare and made up by higher-value DLs, which is keeping me in there, although not good enough to resume uploads.  Only SS, FT, DT and Alamy have a higher average RPDL for images than iS so far this year.  If that changes then I will drop them, but for now I just grit my teeth and hope those low-price DLs remain rare.

Brasilnut

  • Author of the Brutally Honest Guide to Microstock
« Reply #8 on: August 23, 2017, 15:36 »
+4
Microstock --->>  Pennystocks

Bad Company

« Reply #9 on: August 23, 2017, 15:57 »
+1
Microstock --->>  Pennystocks

Not really. At least Penny stocks have a chance to make real money  8)


« Reply #10 on: August 23, 2017, 16:15 »
+1
Microstock --->>  Pennystocks

In this case two penny stock photos?  ;)

RPD: 0.75 average June 2017, but sales are 1/10th of SS and below FT for my image income. I count real income, it buys things. RPD isn't worth a penny.

RPD for someone with 5,000 images and 1,000 sales a month, is a fair measure. If it's 5,000 photos and 8 sales a month, RPD is useless. Same as RPI, what are your images, how many near duplicates or series shots? Remove the padding and see what you really earn. It could be a higher RPI figure.

0.02$    iStock Essentials    30-Apr-2017

-0.23$    iStock Essentials    27-Jan-2017
but the same image has a .30 sale, same month, I'll assume these negative numbers can be explained by adjustments, not negative commission. Trying to be fair about this.

« Reply #11 on: August 23, 2017, 16:34 »
+1
Microstock --->>  Pennystocks

In this case two penny stock photos?  ;)

RPD: 0.75 average June 2017, but sales are 1/10th of SS and below FT for my image income. I count real income, it buys things. RPD isn't worth a penny.

RPD for someone with 5,000 images and 1,000 sales a month, is a fair measure. If it's 5,000 photos and 8 sales a month, RPD is useless. Same as RPI, what are your images, how many near duplicates or series shots? Remove the padding and see what you really earn. It could be a higher RPI figure.

0.02$    iStock Essentials    30-Apr-2017

-0.23$    iStock Essentials    27-Jan-2017
but the same image has a .30 sale, same month, I'll assume these negative numbers can be explained by adjustments, not negative commission. Trying to be fair about this.

And, I see far more payments over the previous .28c marker than I see below it. Subs popping up between $2-$3 are quite frequent. Carrying out a simple average of all sub sales confirms the current system is working in my favour compared to the previous one. YMMV.

« Reply #12 on: August 23, 2017, 16:46 »
0
$0.01 is a thing, too.

« Reply #13 on: August 24, 2017, 13:35 »
+2
Microstock --->>  Pennystocks

In this case two penny stock photos?  ;)

RPD: 0.75 average June 2017, but sales are 1/10th of SS and below FT for my image income. I count real income, it buys things. RPD isn't worth a penny.

RPD for someone with 5,000 images and 1,000 sales a month, is a fair measure. If it's 5,000 photos and 8 sales a month, RPD is useless. Same as RPI, what are your images, how many near duplicates or series shots? Remove the padding and see what you really earn. It could be a higher RPI figure.

0.02$    iStock Essentials    30-Apr-2017

-0.23$    iStock Essentials    27-Jan-2017
but the same image has a .30 sale, same month, I'll assume these negative numbers can be explained by adjustments, not negative commission. Trying to be fair about this.

And, I see far more payments over the previous .28c marker than I see below it. Subs popping up between $2-$3 are quite frequent. Carrying out a simple average of all sub sales confirms the current system is working in my favour compared to the previous one. YMMV.

I suppose it might be for some people. My RPD before the new improved, exciting ESP system that we will love, was over $1.50, if some people find this better, or think 75c RPD is good, best for you. Mine is half of what it was in 2016. I'm still watching as my FT RPD is less and keep in mind that 75c was for June 2017 only. I'd like to see the annual before I jump into cheering about IS/Getty anything.

My return RPD with the new system is half of what it was. Less than half in dollar income. That's plain and simple fact.


« Reply #14 on: August 24, 2017, 13:49 »
+1
Nobody is cheering iS or happy with the current RPDL, just pointing out that, even with the very low commission amounts, RPDL is better than with most other agencies.

What has really killed commissions is the whole subscription system, where individual images no longer have any real value other than as part of a huge collection.  And of course modern cameras that make it relatively easy to take decent images at a low price point, lowering the barrier to entry.  Unfortunately, it doesn't seem like the subscription system will change any time soon and as agencies compete on price contributors will get the shaft.  It was a good ride while it lasted but the wave is rapidly running out.

« Reply #15 on: August 25, 2017, 07:21 »
+3
My 'earnings' the past month was 0.01 USD
 ::) ::) ::)

« Reply #16 on: September 07, 2017, 17:40 »
+1
Look at Deep Meta, and you will see that 0,02$ is not a minimum!   >:(
 

« Reply #17 on: September 07, 2017, 19:05 »
+3
Its a wonder ANYONE still has a port there!

« Reply #18 on: September 07, 2017, 19:32 »
+2
My 'earnings' the past month was 0.01 USD
 ::) ::) ::)

Wow.  According to IS your work was officially NOT WORTH 2 CENTS.   

And there's another thread going on now, titled "Why all the frustration"?


« Reply #19 on: September 07, 2017, 19:57 »
+1
Wow. I'm doing great! I got $0.22 for a photo on 123RF!

« Reply #20 on: September 07, 2017, 22:21 »
+1

« Reply #21 on: September 08, 2017, 14:00 »
0
Don't ask me to explain any of this, I don't understand how the minimum of 10c is still showing on my sales as negative value sometimes and .02 or below on other downloads. I think they are total BS at IS.

https://contributors.gettyimages.com/article.aspx?article_id=5210



 

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