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Author Topic: RPD plummet  (Read 10824 times)

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« on: September 01, 2015, 08:44 »
+2
My IS RPD continues its downward trend, while SS and FT keep it up.


« Reply #1 on: September 01, 2015, 08:55 »
0
How do you use this info?

« Reply #2 on: September 01, 2015, 09:24 »
+2
How do you use this info?

The same way you use it: you have an opinion about how AS will destroy SS and cannibalize FT.
My facts show something different, at least for the time-being.

Given their abysmal RPD, the more customers will migrate away from IS, the better.
« Last Edit: September 01, 2015, 09:35 by Zero Talent »

Justanotherphotographer

« Reply #3 on: September 01, 2015, 09:30 »
+3
Yes, RPD for IStock and partners is the lowest of all sites, any sale you gain at IS at the expense of another site on average is a loss. As I've said, even from DP.

« Reply #4 on: September 01, 2015, 09:31 »
0
How do you use this info?

The same way you use it: you have a theory about how AS will destroy SS and cannibalize FT.
My facts show something different, at least for the time-being: it looks like it mostly affects IS.

And that's a good thing, giving their abysmal RPD. The more customers will migrate away from IS, the better.
RPD wouldn't tell you if customers were leaving, RPI is a much better indicator.  As far as I know iStock hasn't changed pricing since Adobe launched so RPD probably hasn't been affected yet.  I see you've had a month to month change at Shutterstock of 33% before, it seems your numbers are volatile to begin with.

Justanotherphotographer

« Reply #5 on: September 01, 2015, 10:48 »
+4
RPD continues to decline as on demand downloads keep drying up while Thinkstock and sub sales are declining much slower or keeping level. RPI also sliding big time for the same reason.

« Reply #6 on: September 01, 2015, 12:38 »
0
Any one contributor's individual performance is such a statistically insignificant part of the microstock industry that it would be difficult to tell anything from it. I expect this industry to be just like most others that are maturing. In 3 years the topology of the market will be unrecognizable from what it is today. Leaders in 2015, may not even be in business in 2018.   Remember the 100mb zip disk? What about 8 track tapes? Unless you make steel beams or clay pots for a living, expect change, evolution and Darwinian like natural selection. It's normal. 

« Reply #7 on: September 01, 2015, 13:13 »
+2
Any one contributor's individual performance is such a statistically insignificant part of the microstock industry that it would be difficult to tell anything from it. I expect this industry to be just like most others that are maturing. In 3 years the topology of the market will be unrecognizable from what it is today. Leaders in 2015, may not even be in business in 2018.   Remember the 100mb zip disk? What about 8 track tapes? Unless you make steel beams or clay pots for a living, expect change, evolution and Darwinian like natural selection. It's normal.

I fully agree.
One example doesn't make a rule. But one example is more than an opinion based only on assumptions and no facts to validate it.
Only if more users would put together examples, trends could be better identified and assumptions validated, or not.

What I can say with certainty, is that (for the time being) my SS revenue and RPD have not been impaired by AS (quite the opposite), while, for me, IS lost steam, both on RPD and revenue.
The good news is that, overall, I had the best month ever.
« Last Edit: September 01, 2015, 13:27 by Zero Talent »

Rose Tinted Glasses

« Reply #8 on: September 01, 2015, 13:25 »
+1
My trend is similar to the poll results on the right. Upload to one site, get more than all the sites combined (that have an earnings rating) and do a 10th of the work.

« Reply #9 on: September 01, 2015, 13:28 »
0
My trend is similar to the poll results on the right. Upload to one site, get more than all the sites combined (that have an earnings rating) and do a 10th of the work.

That's another assumption you have no proof for, but I'm glad you think like this. Not even the "less work" part is entirely true. Less work, yes, but not 1/10th.
« Last Edit: September 01, 2015, 13:31 by Zero Talent »

KB

« Reply #10 on: September 01, 2015, 16:38 »
+1
My trend is similar to the poll results on the right. Upload to one site, get more than all the sites combined (that have an earnings rating) and do a 10th of the work.
Based on my own personal results (which obviously is all any of us have to go by), the figure for iStock exclusive looks entirely bogus. Unfortunately there is no chart or table that shows historical data, but my memory is that the results shown now are actually higher than they were a year ago. That is so entirely different from my own results that I simply can't believe it.

« Reply #11 on: September 01, 2015, 16:41 »
0
My trend is similar to the poll results on the right. Upload to one site, get more than all the sites combined (that have an earnings rating) and do a 10th of the work.
Based on my own personal results (which obviously is all any of us have to go by), the figure for iStock exclusive looks entirely bogus. Unfortunately there is no chart or table that shows historical data, but my memory is that the results shown now are actually higher than they were a year ago. That is so entirely different from my own results that I simply can't believe it.
The number is pretty low actually.  245 in the poll means that the average amount made was only $1225.

KB

« Reply #12 on: September 01, 2015, 17:28 »
+3
My trend is similar to the poll results on the right. Upload to one site, get more than all the sites combined (that have an earnings rating) and do a 10th of the work.
Based on my own personal results (which obviously is all any of us have to go by), the figure for iStock exclusive looks entirely bogus. Unfortunately there is no chart or table that shows historical data, but my memory is that the results shown now are actually higher than they were a year ago. That is so entirely different from my own results that I simply can't believe it.
The number is pretty low actually.  245 in the poll means that the average amount made was only $1225.
If you re-read my perhaps poorly written post, you'll see that I wasn't talking about the absolute number (since I was not aware of the $5/pt conversion ratio). I was talking about where it was relative to last year, which by my memory was considerably lower.

However, not trusting my memory, I just used the Wayback Machine to see. The archive shows that the figure for iStock exclusive on Sep 1, 2014 was 150.9.

That is why, based on my own port's performance, the current number seems bogus -- or, at worst, worthless. Because I'm seeing a 40% to 50% drop in earnings, not a 60% increase.

ShadySue

  • There is a crack in everything
« Reply #13 on: September 01, 2015, 17:45 »
+1
My trend is similar to the poll results on the right. Upload to one site, get more than all the sites combined (that have an earnings rating) and do a 10th of the work.
Based on my own personal results (which obviously is all any of us have to go by), the figure for iStock exclusive looks entirely bogus. Unfortunately there is no chart or table that shows historical data, but my memory is that the results shown now are actually higher than they were a year ago. That is so entirely different from my own results that I simply can't believe it.
The number is pretty low actually.  245 in the poll means that the average amount made was only $1225.
If you re-read my perhaps poorly written post, you'll see that I wasn't talking about the absolute number (since I was not aware of the $5/pt conversion ratio). I was talking about where it was relative to last year, which by my memory was considerably lower.

However, not trusting my memory, I just used the Wayback Machine to see. The archive shows that the figure for iStock exclusive on Sep 1, 2014 was 150.9.

That is why, based on my own port's performance, the current number seems bogus -- or, at worst, worthless. Because I'm seeing a 40% to 50% drop in earnings, not a 60% increase.
That's my experience, and similar to most other people who are posting anywhere I see.
These nebulous people with alleged 60% increases are keeping their heads well down.

FWIW, my credit RPD is rising. Clearly, that is based on vastly fewer credit downloads, as my overall $$ is shooting down due to subs*. My hypothesis is that iS are doing their best to get subs buyers (there have been a few vacancies over the past few months specifically to sell subs, and there are still several vacancies for same at the moment), so many of the people who are buying credits are the smaller buyers who have no need for a subs package, or even a large credit bundle, hence are paying more per image.
*also interested to note from various sources that I'm not the only one with shrinking Getty** sales.
** anyone seriously believe that they now have any intention of getting our editorials onto Getty? I will be seriously gobsmacked if they do.

« Reply #14 on: September 01, 2015, 18:23 »
+5
In my opinion (and this time it is only an opinion, indeed :) ) the exclusive stats are misleading for a simple reason: it is fair to assume that those IS exclusives have, in average, much larger ports than the regular non-exclusives.
The average revenue of a few exclusive "pro" ports will be obviously inflated when compared with the average revenue of similar non-exclusive "pro" ports, but mixed with a much larger number of small newbies ports.

These stats compare apples with oranges.

Sent from my SM-N910T using Tapatalk
« Last Edit: September 01, 2015, 18:26 by Zero Talent »

KB

« Reply #15 on: September 01, 2015, 19:02 »
0
FWIW, my credit RPD is rising. Clearly, that is based on vastly fewer credit downloads, as my overall $$ is shooting down due to subs*. My hypothesis is that iS are doing their best to get subs buyers (there have been a few vacancies over the past few months specifically to sell subs, and there are still several vacancies for same at the moment), so many of the people who are buying credits are the smaller buyers who have no need for a subs package, or even a large credit bundle, hence are paying more per image.
I think a better way to see if that is the case is to look at your average $/RCs. That's because your RPD can be influenced by a change in the ratio of Ess to Sig/Sig+ sales. $/RCs shows exactly what you're referring to: Is the average price of credits going up or down for your typical buyer? In my case, it's pretty much unchanged, between $1.68 and $1.78 this year, with no clear direction month-to-month.

KB

« Reply #16 on: September 01, 2015, 19:06 »
+3
In my opinion (and this time it is only an opinion, indeed :) ) the exclusive stats are misleading for a simple reason: it is fair to assume that those IS exclusives have, in average, much larger ports than the regular non-exclusives.
The average revenue of a few exclusive "pro" ports will be obviously inflated when compared with the average revenue of similar non-exclusive "pro" ports, but mixed with a much larger number of small newbies ports.

These stats compare apples with oranges.
If we are to believe that the iStock exclusive numbers are correct, then that might indicate that over the last year, those exclusives with smaller ports have become independent in droves, heavily shifting the balance towards those with larger ports. That explanation makes sense (though it might be completely wrong  :) ). Thanks.

« Reply #17 on: September 01, 2015, 19:37 »
0
In my opinion (and this time it is only an opinion, indeed :) ) the exclusive stats are misleading for a simple reason: it is fair to assume that those IS exclusives have, in average, much larger ports than the regular non-exclusives.
The average revenue of a few exclusive "pro" ports will be obviously inflated when compared with the average revenue of similar non-exclusive "pro" ports, but mixed with a much larger number of small newbies ports.

These stats compare apples with oranges.
If we are to believe that the iStock exclusive numbers are correct, then that might indicate that over the last year, those exclusives with smaller ports have become independent in droves, heavily shifting the balance towards those with larger ports. That explanation makes sense (though it might be completely wrong  :) ). Thanks.

Good point. The ones that stay exclusive are doiing good. The ones that left, aren't axclusive. Seems that the exclusive make around 5X more then indies which makes the number bigger. Exclusive also get more Getty and higher subs pay. I don't see that as wrong, just that if you look at a small sample of people who stayed, of course they will have the high numbers.

Same for DP, DT and FT. The numbers look better because people who left aren't represented. Only the people who are happy who stayed. It all adds up to, telling us that the numbers are not comparing the same, but are apples to oranges.

SS numbers are for almost everybody except people who can't get past the review. They are more representative of micro in general for that one agency. What that tells me is SS is much better then the poll shows compared to the other. More belong more stay more make money.

« Reply #18 on: September 01, 2015, 20:05 »
+3
In my opinion (and this time it is only an opinion, indeed :) ) the exclusive stats are misleading for a simple reason: it is fair to assume that those IS exclusives have, in average, much larger ports than the regular non-exclusives.
The average revenue of a few exclusive "pro" ports will be obviously inflated when compared with the average revenue of similar non-exclusive "pro" ports, but mixed with a much larger number of small newbies ports.

These stats compare apples with oranges.
If we are to believe that the iStock exclusive numbers are correct, then that might indicate that over the last year, those exclusives with smaller ports have become independent in droves, heavily shifting the balance towards those with larger ports. That explanation makes sense (though it might be completely wrong  :) ). Thanks.

Good point. The ones that stay exclusive are doiing good. The ones that left, aren't axclusive. Seems that the exclusive make around 5X more then indies which makes the number bigger. Exclusive also get more Getty and higher subs pay. I don't see that as wrong, just that if you look at a small sample of people who stayed, of course they will have the high numbers.

Same for DP, DT and FT. The numbers look better because people who left aren't represented. Only the people who are happy who stayed. It all adds up to, telling us that the numbers are not comparing the same, but are apples to oranges.

SS numbers are for almost everybody except people who can't get past the review. They are more representative of micro in general for that one agency. What that tells me is SS is much better then the poll shows compared to the other. More belong more stay more make money.

I believe it is fair to assume that a large majority have their ports with the major 3: SS, FT and IS. Maybe even with the top 5, if we add DT and 123 to the list.
Comparing average revenues for the same pool of people makes sense.
This is why the hierarchies, established by this site, for non-exclusive revenues are probably close to reality.

On the other hand, even comparing IS exclusives with IS non-exclusives is, probably, a mistake.
IS non-exclusives are a mix of all the above: small ports + big ports.
The majority of IS exclusives is probably made of large ports.
This is why I don't even trust the 5x difference between IS exclusive revenues and IS non-exclusive revenues

We compare the average fruit size in basket of oranges with the average fruit size in a basket of oranges+blueberries, when, in both cases, the orange size is the same.
« Last Edit: September 01, 2015, 20:09 by Zero Talent »

ShadySue

  • There is a crack in everything
« Reply #19 on: September 02, 2015, 05:20 »
+2
In my opinion (and this time it is only an opinion, indeed :) ) the exclusive stats are misleading for a simple reason: it is fair to assume that those IS exclusives have, in average, much larger ports than the regular non-exclusives.
The average revenue of a few exclusive "pro" ports will be obviously inflated when compared with the average revenue of similar non-exclusive "pro" ports, but mixed with a much larger number of small newbies ports.
That's not the point here.
I agree that the poll in general doesn't give any useful information - apart from comparing a trend, and as we have no idea who is polling each month, even that isn't possible.

We're talking about the exclusives' average increasing by such a huge amount over the year.
Of course, I know that many exclusives and indies are making more than me.
I see no evidence anywhere that anyone apart from some newbies, happy to be picking up some sub sales, are achieving vast increases in their income from iStock, including info from several long standing BDs.

However, if a lot of middling and lower ranking contributors* have gone indie, that could falsely increase the exclusive total, without actually meaning that income there is going up. Just another indication that the poll doesn't really mean anything.

* But I know that at least some higher ranking contributors have also gone indie. I don't know if it's enough to balance out the results.

Rose Tinted Glasses

« Reply #20 on: September 02, 2015, 11:07 »
+2
In my opinion (and this time it is only an opinion, indeed :) ) the exclusive stats are misleading for a simple reason: it is fair to assume that those IS exclusives have, in average, much larger ports than the regular non-exclusives.
The average revenue of a few exclusive "pro" ports will be obviously inflated when compared with the average revenue of similar non-exclusive "pro" ports, but mixed with a much larger number of small newbies ports.
That's not the point here.
I agree that the poll in general doesn't give any useful information - apart from comparing a trend, and as we have no idea who is polling each month, even that isn't possible.

We're talking about the exclusives' average increasing by such a huge amount over the year.
Of course, I know that many exclusives and indies are making more than me.
I see no evidence anywhere that anyone apart from some newbies, happy to be picking up some sub sales, are achieving vast increases in their income from iStock, including info from several long standing BDs.

However, if a lot of middling and lower ranking contributors* have gone indie, that could falsely increase the exclusive total, without actually meaning that income there is going up. Just another indication that the poll doesn't really mean anything.

* But I know that at least some higher ranking contributors have also gone indie. I don't know if it's enough to balance out the results.

Have you ever noticed that there are a lot of very unhappy people on this forum that constantly complain about Istock? And for months and months and months to no end. It's the herd mentality.

Then their are very few people that even remotely suggest life is good on the other side and the result it very abusive and negative on this forum. So in effect it silences people. Even mention you are doing well on Istock and you get kicked in the nuts, not by one, but by many.

I work hard at shooting stock photos, I am exclusive, and I make a great living doing it. I submit images and they sell.

Naysayers will always be unhappy and blame anything, everyone, and everything on their own failures. Naysayers often band together to live the dreary existence of being negative almost to cult status.

It's a pattern I see on this forum far too frequently to the point of being utterly boring and repetitive.

« Reply #21 on: September 02, 2015, 12:13 »
+3

In my opinion (and this time it is only an opinion, indeed :) ) the exclusive stats are misleading for a simple reason: it is fair to assume that those IS exclusives have, in average, much larger ports than the regular non-exclusives.
The average revenue of a few exclusive "pro" ports will be obviously inflated when compared with the average revenue of similar non-exclusive "pro" ports, but mixed with a much larger number of small newbies ports.
That's not the point here.
I agree that the poll in general doesn't give any useful information - apart from comparing a trend, and as we have no idea who is polling each month, even that isn't possible.

We're talking about the exclusives' average increasing by such a huge amount over the year.
Of course, I know that many exclusives and indies are making more than me.
I see no evidence anywhere that anyone apart from some newbies, happy to be picking up some sub sales, are achieving vast increases in their income from iStock, including info from several long standing BDs.

However, if a lot of middling and lower ranking contributors* have gone indie, that could falsely increase the exclusive total, without actually meaning that income there is going up. Just another indication that the poll doesn't really mean anything.

* But I know that at least some higher ranking contributors have also gone indie. I don't know if it's enough to balance out the results.

Have you ever noticed that there are a lot of very unhappy people on this forum that constantly complain about Istock? And for months and months and months to no end. It's the herd mentality.

Then their are very few people that even remotely suggest life is good on the other side and the result it very abusive and negative on this forum. So in effect it silences people. Even mention you are doing well on Istock and you get kicked in the nuts, not by one, but by many.

I work hard at shooting stock photos, I am exclusive, and I make a great living doing it. I submit images and they sell.

Naysayers will always be unhappy and blame anything, everyone, and everything on their own failures. Naysayers often band together to live the dreary existence of being negative almost to cult status.

It's a pattern I see on this forum far too frequently to the point of being utterly boring and repetitive.

Actually I am not unhappy at all!

As I mentioned a few posts ago, August was my best month ever. This is not a reason to be unhappy.

I'm also happy to see the importance of IS diminishing, since this is the worst agency around for non exclusives. I can only wish they continue to lose customers to agencies with more respect for us.

I'm also happy with you and the other IS exclusives staying as long as possible with IS instead of competing "on the other side".
However there is a scenario in which you and the other exclusive die-hards would change their mind. This could accelerate the migration of IS customers towards other agencies. And this can become an wake-up call for IS and an incentive for them to improve their lousy commissions. From my Getty exclusivity experience, I know that I make more by spreading my eggs on different baskets.
This could be applicable to you, or not.


Sent from my SM-N910T using Tapatalk

« Last Edit: September 02, 2015, 12:35 by Zero Talent »

« Reply #22 on: September 02, 2015, 12:21 »
0
From my Getty exclusivity experience, I know that I make more by spreading my eggs on different baskets.
This could be applicable to you, or not.
You put the worse versions of your images on Getty RF and the better versions on Shutterstock, it's no wonder your experience is that Shutterstock makes more.  I could have told you what would happen with that strategy.  Uploading your better versions as RM and not putting sisters onto microstock is probably a more sensible strategy. 

« Reply #23 on: September 02, 2015, 12:24 »
+4
From my Getty exclusivity experience, I know that I make more by spreading my eggs on different baskets.
This could be applicable to you, or not.
You put the worse versions of your images on Getty RF and the better versions on Shutterstock, it's no wonder your experience is that Shutterstock makes more.  I could have told you what would happen with that strategy.  Uploading your better versions as RM and not putting sisters onto microstock is probably a more sensible strategy.

No, Getty has selected those images from my port, at that time. I had no say in what they preferred.
Moreover their lack of flexibility makes this strategy very difficult.
You cannot withdraw individual images from Getty. You can only delete the whole port and walk away.

Sent from my SM-N910T using Tapatalk
« Last Edit: September 02, 2015, 12:29 by Zero Talent »

« Reply #24 on: September 02, 2015, 12:35 »
0
From my Getty exclusivity experience, I know that I make more by spreading my eggs on different baskets.
This could be applicable to you, or not.
You put the worse versions of your images on Getty RF and the better versions on Shutterstock, it's no wonder your experience is that Shutterstock makes more.  I could have told you what would happen with that strategy.  Uploading your better versions as RM and not putting sisters onto microstock is probably a more sensible strategy.

No, Getty has selected those images from my port, at that time. I had no say in what they preferred.
Moreover their lack of flexibility makes this strategy very difficult.
You cannot withdraw individual images from Getty. You can only delete the whole port and walk away.

Sent from my SM-N910T using Tapatalk
You did submit similar if not nearly identical images to microstock.


 

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