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Microstock Photography Forum - General => General Stock Discussion => Topic started by: GeoPappas on December 04, 2006, 15:14

Title: Will iStock Price Increase Force Other Microstock Sites to Increase Their Prices
Post by: GeoPappas on December 04, 2006, 15:14

Since iStock had the lowest prices in the industry, will the new price increase force others to follow?

For example, will Shutterstock increase their prices from 25 cents to 30 (or 35) cents?

Will Fotolia increase their prices?

Title: Re: Will iStock Price Increase Force Other Microstock Sites to Increase Their Prices
Post by: fintastique on December 04, 2006, 15:19

iStock may have some of the lowest payouts in the industry!

but not lowest prices $2 for an 8mp at BigStock, DT

Title: Re: Will iStock Price Increase Force Other Microstock Sites to Increase Their Pr
Post by: ichiro17 on December 05, 2006, 09:16

I think that yes, the trend will be that agencies will bump their prices to generate more revenue.  This will become increasingly significant when the industry has matured and there is less room to grow by attracting more customers.    Another reason is that the funky players that offer nothing to photographers/designers are being dumped and the 'cream' and best managed corporations remain. 

I don't know how immediate it will be and whether these impacts will speed it up, but you can definitely look in that direction.

One last interesting feeling is that we are going to end up seeing regular $4 to $5 sales instead of 50 cents.  My thought is because the sites know that designers can pay for this especially since they once paid $500 - so 99% off the previous price paid is pretty awesome still for them, although I'm really hoping that something good comes out of this and photographers begin to get a larger cut.

-gareri