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Author Topic: Nimia's New Pricing Model  (Read 24404 times)

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« on: January 11, 2016, 02:28 »
0
I'm surprised nobody has said anything about Nimia's new pricing model. I won't say anything about their exclusive and direct selling tiers as I don't use them. But their Multi-agency (non-exclusive) videos used to sell for $150 and up. Now they have all been reduced to around $79 (same commission % AFAIK).

"The Basic (low tier) collection will replace the Multi Agency Collection and it will be defined by "traditional looking" stock footage at a low tier price point.  The Basic collection prices will average $79/clip.  Basic collection includes both exclusive and non exclusive content. Contributors can opt in selected footage to exclusivity to receive a higher royalty rate."

Now I will be getting 0% of $79 rather than 0% of $150.


« Reply #1 on: January 11, 2016, 03:07 »
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I got mail from Nimia about that week ago. They now have beta program Syndicate (sending Nimia footage to other agencies, Getty,Corbis,SS and Pond5).

« Reply #2 on: January 11, 2016, 04:16 »
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They haven't announced the price of 4K yet for the non-exclusive content, unless i've missed it.And it's an agency that doesnt downconvert to hd (yet) .
No sales is no sales,sure,but if i can just upload 4K and get a decent commission out of it im good.
But the thing is that if they want to be an agency that prices like the rest then they should at least ban the 25gb upload limit.
If you want volume and low prices you cant expect people to pay you to upload more than 25gb at a time.

« Reply #3 on: January 11, 2016, 11:04 »
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...But the thing is that if they want to be an agency that prices like the rest then they should at least ban the 25gb upload limit.
If you want volume and low prices you cant expect people to pay you to upload more than 25gb at a time.
As long as I understand your statement correctly, the 25GB quota applies ONLY if you are not publishing the clips to the marketplace (e.g direct licensing).

I've uploaded far more than 25GB and never paid anything.

« Reply #4 on: January 11, 2016, 12:07 »
+2
...But the thing is that if they want to be an agency that prices like the rest then they should at least ban the 25gb upload limit.
If you want volume and low prices you cant expect people to pay you to upload more than 25gb at a time.
As long as I understand your statement correctly, the 25GB quota applies ONLY if you are not publishing the clips to the marketplace (e.g direct licensing).

I've uploaded far more than 25GB and never paid anything.

Im talking about the multi-agency.There is a  25 gb limit for every batch of uploads (until they ger reviewed where it resets again) which is the reason i have struggled for months to upload 150 clips there only.My 4K clips are 2-4 gb each.
If you want to upload more in one batch you will have to pay a feee for storage.

So If multi-agency prices go from 140 tο 79 for hd (and we dont know about 4K which is 240 for commercial and 300 for editorial) then i guess it would be fair to not expect people to pay for storage.
Unless they dont want clips to get uploaded at their place.
For an agency that hasn't sold anything in 3 months asking a fee to hasten the upload process is a bit too much

« Reply #5 on: January 11, 2016, 15:20 »
0
...But the thing is that if they want to be an agency that prices like the rest then they should at least ban the 25gb upload limit.
If you want volume and low prices you cant expect people to pay you to upload more than 25gb at a time.
As long as I understand your statement correctly, the 25GB quota applies ONLY if you are not publishing the clips to the marketplace (e.g direct licensing).

I've uploaded far more than 25GB and never paid anything.

Im talking about the multi-agency.There is a  25 gb limit for every batch of uploads (until they ger reviewed where it resets again) which is the reason i have struggled for months to upload 150 clips there only.My 4K clips are 2-4 gb each.
If you want to upload more in one batch you will have to pay a feee for storage.

So If multi-agency prices go from 140 tο 79 for hd (and we dont know about 4K which is 240 for commercial and 300 for editorial) then i guess it would be fair to not expect people to pay for storage.
Unless they dont want clips to get uploaded at their place.
For an agency that hasn't sold anything in 3 months asking a fee to hasten the upload process is a bit too much
OK, now I understand what you mean. It happened only once to me that I couldn't upload anymore due to that limit. The pending clips got reviewed the next day and I could continue.

I put my uploads on hold now anyway due to the price change especially not knowing how much 4K will be priced...

« Reply #6 on: January 11, 2016, 17:21 »
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I bet it will be priced fairly,considering that their prices were (and still are) high to begin with.
But still im not  sure if pricing like the top video agencies will help.

There's also the issue with their exclusives,just like dissolve.How can they have different pricing tiers and not expect their exclusive contributors to not lose sales from those who wlll upload a load of content at 79?
I bet all the people who stayed at dissolve at the 49price undercut the others at 79 not to mention the 299 and up.

I mean since pricing criteria isn't based on quality but on an abstract notion (exclusivity) .having exclusive footage at 299 doesn't make it better than the rest being offered at 10 different agencies at the same time.
Is there any exclusive video contributor at fotolia or dissolve to enlighten us regarding his sales?
That's the one thing i've been the most curious about.

« Reply #7 on: January 14, 2016, 08:29 »
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I got mail from Nimia about that week ago. They now have beta program Syndicate (sending Nimia footage to other agencies, Getty,Corbis,SS and Pond5).

Has anyone seen any sales from these guys? My concern is the mirroring of product on the sites I'm already on, like SS. An HD for $79 at SS and an HD from Nimia at ??$$.  Same with 4K. Pricing variance for the same clips adds no value for the buyers, only confusion. Perhaps I am missing something?

« Reply #8 on: January 14, 2016, 09:02 »
+1
I had one sale last year over a 400 clips portfolio.

The only benefit I see in Nimia is the possibility to download my own content, so it's some kind of online backup.

Also as clip show room is fine due to the possibility to create collection pages.

But regarding sales, I don't expect too much.

« Reply #9 on: January 18, 2016, 18:46 »
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Prices are being updated as im writing this.This process doesn't seem to have been completet yet but i've already noticed something weird.
It looks as if there are 2 downconverted resolutions being offered, one is 852x480 at 49usd and the other is 1280X720 at 79usd.
Both prices are more than decent and perhaps higher that most fixed price agencies for these resolutions.

Problem is, i dont see price and option for original resolution, be it 1080p, uhd, or 4K.Nor do i see an 1080p downconversion from higher res original clips.
Anyone else noticing this in his portfolio?
« Last Edit: January 19, 2016, 01:46 by gcrook »

Micro4

« Reply #10 on: January 18, 2016, 22:43 »
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Prices are being updates as im writing this.This process doesn't seem to have been completet yet but i've already noticed something weird.
It looks as if there are 2 downconverted resolutions being offered, one is 852x480 at 49usd and the other is 1280X720 at 79usd.
Both prices are more than decent and perhaps higher that most fixed price agencies for these resolutions.

Problem is, i dont see price and option for original resolution, be it 1080p, uhd, or 4K.Nor do i see an 1080p downconversion from higher res original clips.
Anyone else noticing this in his portfolio?

There's no 4k or 1080p.

I uploaded 4K which is no longer offered for sale. Only 852x480 and 1280X720 from my 4K master. Hopefully, this will be resolved soon.

« Reply #11 on: January 19, 2016, 04:08 »
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I'm quite irritated about the pricing options:

Low Res: ≤ 852x480
High Res: ≥ 1280x720

Naturally, this seems to mean that a buyer who wants a 4K clip will be selecting the High Res version. So anything from 720 to 4K will be the same price?

That means 4K will be sold at price points starting at $79 !

Hmmm...

« Reply #12 on: January 19, 2016, 04:23 »
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Im not even sure if multi-agency clips are being offered at anything above 720p.If that's the case im good with that and they can keep their exclusives happy without ridiculing them by offering their hd and 4K clips at high price while everyone else sells hd and above for 79usd.

So i can work with that by uploading only downconverted 720p (with the 25gb limit thats 5X-10X more clips per batch at least) and i can keep my hd and above for other agencies.After all sd and 720p priced like this it still a higher price than fotolia, depostiphotos, or shutterstock for example.Nimia will become a specialized option for me that will earn me (if there are sales) decent money without jeopardizing my hd which is in high demand everywhere else.SD still sells (ss sells sd very often for me) and 720p makes more sense for broadcasting.

But if it's not and hd and 4K and 1080p are being offered for 79usd, (which i find rather hard given their pricing pholosophy) ,im deleting everything at once after i email them and they confirm that.

Still for such an agency to shift their model so drastically means that the "pie" is shrinking and everyone is trying to grab a slice.

stockVid

« Reply #13 on: January 19, 2016, 07:04 »
+1
Indeed, it looks like they are selling everything above 1280x720 for $79.

I uploaded 4K prores. They are now selling it for $79. I'm now deleting everything.

They're sharks.

+ The Nimia forums are no longer working.
« Last Edit: January 19, 2016, 07:44 by stockVid »

« Reply #14 on: January 19, 2016, 07:49 »
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Still waiting for official response but if this is the case good riddance.
And while i dont really care since i never put much hope (and work thankfully) in them,if these prices are correct they will hurt their exclusives more than anyone else.

stockVid

« Reply #15 on: January 19, 2016, 12:46 »
+3
I had a response from Nimia and yes they're selling my 4K prores for $79.

I am deleting everything.

It's becoming a full time job just stopping agencies from ripping you off. Where will it end?

« Reply #16 on: January 19, 2016, 14:30 »
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That's as bas as it gets.Complete turnaround from their previous model, i can hardly believe they dropped prices so low.
Im waiting for official response,if that's true then good riddance to them.

stockVid

« Reply #17 on: January 19, 2016, 14:39 »
+1
It's ok if you only upload 1080p ($79), but then again who knows how long that will last.

It's a huge drop from $299 to $79 for 4K. They must be feeling the pinch.

« Reply #18 on: January 19, 2016, 14:42 »
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Well, I don't need oficial response, as I see in my profile page at nimia, all prices had dropped down to $79 for high resolution even 4K shots.

The problem is, if that is the new market prices, Shutterstock and others will follow in the next months. We will see 4K shots at that price more or less.

Not to much problem regarding Nimia because I've had one sale only in one year. My concerns are what will happen to other agencies with 4K pricing the following months.

As I understand (and this are only my personal thoughts), Nimia is trying to reach the market of average microstock agencies lowering prices. Maybe beacuse they had not much sales last year, and they need to make sales to survive. But now they have entered a very competitive market... we will see what happens, but i'm almost sure that the following year some agencies will end.


« Reply #19 on: January 19, 2016, 14:52 »
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It's ok if you only upload 1080p ($79), but then again who knows how long that will last.

It's a huge drop from $299 to $79 for 4K. They must be feeling the pinch.

Ok i just researched it a bit further because i couldn't believe what i was seeing.
It seems that there are 2 pricing models for the ex-multi agency clips.

The one we are discussing (RF Basic), with these prices, and a "premium" one (299-499) for clips of "high quality both in terms of objective and subjective attributes." according to nimia.
By default all of our clips are being offered in the low pricing tier.
Theoretically we can resend them for curation by selecting the premium option.

Of course we dont know how many clips will qualify for this since these criteria are subjective.And of course the default low pricing tier option is an insult as well.
We weren't asked about this.
i will change all my clips to the premium and see how this goes.The ones who make it will stay there,but im not uploading any more so i can later delete them if they dont make the premium (something tells me most of my clips wont)

Another thing that bugs me is that i dont find an editorial tag for any of the collections.How will they know if a clip is editorial or not?
This is messed up however you look at it.

stockVid

« Reply #20 on: January 19, 2016, 15:04 »
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I deleted my port - at least that was easy.

« Reply #21 on: January 20, 2016, 03:00 »
+1
Yes remarkably easy.Just tested it and batch delete works well and fast,and left me refreshed and rejuvenated lol.

« Reply #22 on: January 21, 2016, 00:43 »
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I'm glad you guys mentioned that. I missed the whole 4K pricing. I should be getting a 4K camera soon, so now I know to upload HD only to Nimia.

Are there any other agencies that are doing this stupid HD/4K pricing?

fritz

  • I love Tom and Jerry music

« Reply #23 on: January 25, 2016, 16:00 »
0
Received mail from Nimia:

"Hello.
Our team discovered you in their research and put your name on our "we hope to work with these people" list.
Contact us at [email protected] with any questions, or footage research requests. We'd love to work with you."

Should I join them? How is the keyword process?
Any advice is greatly appreciated

« Reply #24 on: January 26, 2016, 11:32 »
0
They've been a disaster from the start. Most of the time they could not locate uploaded videos to review them. It would be weeks of back and forth emails so they could find them. ::)

Never had a sale from them and quit uploading last year. Only heard from them when they would invite me to be a new contributor multiple times.

Thanks for info about new pricing as I don't want to help anyone degrade the 4K market. Their batch delete worked great.


 

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