MicrostockGroup

Thanks for the heads up on this I hadn't been there in a while.  It's gonna take some time to get used to the new dashboard though.  It seems like there's more information for us to look at on there now.

hope it got a push in sales!

I had all of mine set at 10$ and got 5.20$ per sale so it makes a bigger difference to me. Like yourself only get about 4 sales a month.

Race to the bottom by GL.

Very helpful info Cory. Thanks!  I just contacted them. 

An adjustment of pricing is something they probably had to try because the old structure just wasn't working.
I hope it works for them and improves contributor returns.

I find that hard to believe. Their sales volume is low, but the higher price per sale easily catapults their (or at least my) monthly earnings above more well known names like Big Stock. Also, wouldn't it make more sense to raise prices to get more money, rather than lower them and hope more buyers magically show up. Finally, the idea of a one size/one price has been used for vectors at iStock for a long time, and they are still (even with dipping sales) one of the most successful microstock companies.

Sorry for the rant. I'm just concerned this is a step in the wrong direction.

The logic here seems a bit wonky?  if they dont buy the pic for 6 bucks,  why should they buy them for 12 or even 15?  I must have missed something.

Yes, same as Lisa,  I had great hopes for GL,  run by grpahic people who knows their way around, etc. Obviously these elusive buyers dont appreciate that.

With you people I guess you're damned if you do and damned if you don't. See the message here:

http://www.microstockgroup.com/istockphoto-com/is-hits-rock-bottom/msg193173/#msg193173

Ok so now they've done it (offered tiered pricing) and you're still not happy. You can keep slumming on photogloom or grovel for 12 cents on istock. It's all your choice. In my opinion the sizing will attract a new buyer demographic, and you have to give the new model more than 3 days before you go stamping your feet and crying Woe Is Me.

I suppose we should think about the other agencies where we've had our prices cut and then seen the increased sales volume more than make up for it.  Um, are there any?

But with their extremely easy upload process for vectors, don't you think it's still worthwhile to submit?

Yeah.  I guess every time an agency cuts prices, the announcement should also say "BUT, we're happy to announce we've made it even easier for you to upload".   Since we can upload faster, we'll make it up on volume.

When commissions get to zero, the agencies will send a guy with a portable drive to your house, to get your photos..  You won't have to lift a finger.