MicrostockGroup

Which price do you set for Extended License at Fotolia?

My ranking is Bronze (100-1000 dls) and it is possible to set price from 10$ to 50$: i have chosen maximum price.

Do you usually sell images with this license and which price do you have set?

It is a highly subjective decision. Personally, we were always keeping it low (25), but since reading the EL license in detail (type of usage and so forth) we decided to set it at 50 minimum.

I think that EL should deserve high prices because of the kind of usage permitted (read the terms if you haven't done). What is sure, you'll sell less photos with EL if you increase prices. That we have tested already in the last month after increasing them (zero EL sales!) 

But we don't regret doing it. I recall a photo of three puppies of dog sold for 25 as EL. That image was then surely used for postcards or calendars or mugs, earning the buyer an unfair amount for the silly price they paid!

 

mine are all at maximum which is currently $150 
I still got a number of extended licenses so I think it is by far worth it.  When I finally reach emerald the prices will be going up to $200

and for those who don't know - to change your pricing on your whole portfolio, just send a site mail on fotolia asking them change this.

Interesting philosophy on the EL prices.  I have my older ones at 50 and have been setting my newer images at 60. 

Hard to believe they would sell as many at 150 or 200.  Although I believe leaf and fotografer. 

Guess I am still buying into the volume over individual sales paradigm.   

Yeah, well I see your point, but at $150, or $200 you only have to sell 1/3 or 1/4 as many EL to get the same amount.  I am getting about 1/month now on fotolia, and it sure is a nice bonus to get.  I think that the people buying the EL have considered all their options enough that once they decide on an image they want that image no matter what.  Additionally they are often buying the image to make money off of it, to put it on a post card, puzzle, merchandise or something.  If you are producing something to make $$ then $50, or $150 isn't much differance. 

You should try changing your prices lisa.. if you don't get any sales you can always change them back in a few months.  I have a feeling you won't want to change back though

You sound crazy to me, raise the price. Why not raise all of your prices, not just for the EL?

I think you are really missing out on some $$ by not upping your extended licensing prices.

You can't.  But honest buyers will pay for an EL if this is the license they actually need.

Regards,
Adelaide