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Author Topic: Too early to take conclusions about Yaymicro?  (Read 17712 times)

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« Reply #25 on: June 25, 2008, 23:50 »
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15 days without single sale... and total sales: 1 (0.5 eur). Hm.... I guess this is a lesson I learned: never upload to a new site if the site is not offering some money for upload. I am starting to think I wasted my time uploading 3000+ images, and no reward for that after 1 month. But perhaps it is early to conclude, but I stoped uploading new images untill I see some moving there. So far, not happy with the site.  >:(

Site looks nice, yeah, but it is not beauty contest, it is about making money....

they will be doing well if they can earn 1% of your sales by the end of the year. unless they can pump millions in advertising


DanP68

« Reply #26 on: July 09, 2008, 22:35 »
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For what it is worth, I did get my first sale at Yay.  And once you convert the Euros to Dollars, they have actually earned more for me with 1 sale this month than Fotolia has.

The only problem I have is what on earth I should put into my earnings spreadsheet.  Since the Euro-Dollar ratio is ever changing, it looks like I can't account for the sale until I reach payout.   ;)

With one sale at Yay, I have made 20 times more in 1 month than I made at Crestock. 
« Last Edit: July 09, 2008, 22:38 by DanP68 »

tan510jomast

« Reply #27 on: July 10, 2008, 00:48 »
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For what it is worth, I did get my first sale at Yay.  And once you convert the Euros to Dollars, they have actually earned more for me with 1 sale this month than Fotolia has.


that's true with canadian$ too. 1 Euro pd by Yay now about 1.57 US or Cdn

« Reply #28 on: July 10, 2008, 03:31 »
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Well, judging by the most popular keywords stats, the site is pretty much dead (still). They're hell of a lot too random.

p.s.: I'll keep uploading, cause it's easy and only takes a FTP transfer and few clicks, but it doesn't seem like they're investing in marketing at all.

RT


« Reply #29 on: July 10, 2008, 04:50 »
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Anyway, it's going to take months if not years from launch for a site to build a customer base. If you want to take such a short term view then you should just stick to the established sites.

I agree, but in an industry that is reknowned for start up's I would suggest the only way to survive is  either to open as a side wing of a larger established company or enter the market with a bang, sitting back and waiting will result in failure.

YAY promised the bang, and it was looking good and I believed they had a chance with their initial approach, but I'm sad to say the day it opened they stalled and unless they do something pretty special soon I can't see them being around in a year.

They're offering the exact same product as many other market leaders in the industry, they need to have something that will either lure customers away from those sites or create something new, LuckyOliver had just that with their quirky site but they had the wrong man in charge and it failed, what will Yay offer?

« Reply #30 on: July 10, 2008, 06:45 »
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I am sure I remember reading in their forum before they opened the doors to buyers that they were not going to heavily market the site until the autumn. 

It seems strange getting us all excited and then waiting several months but it is their money and I hope they have a good strategy.  Wont be long now until we find out.  Hopefully those that uploaded their portfolios and deleted them will be uploading again :)

DanP68

« Reply #31 on: July 10, 2008, 07:43 »
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The only thing which concerns me is they have gone quiet on the boards.  Admin was pretty active prior to the open date, and just after.  But since then, hardly a peep.  It would be nice to hear when they plan on pushing the site.

« Reply #32 on: July 10, 2008, 17:35 »
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I'm sure Yay isn't one of those government-financed start ups where the head guys disappear with the cash. But if it is Norway should sell the software to Snap.

« Reply #33 on: July 20, 2008, 12:07 »
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General question.

Why would anyone delete a portfolio on any site after uploading it? Once deleted the chance for any sale at that site is zero.

If my port on Yay earns one payout every five years I would not delete it. One payout is better than none!

Meanwile I will upload in other places where I get a regular monthly payout. (BigStock)

Your thoughts ...?

-Larry

« Reply #34 on: July 20, 2008, 16:39 »
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General question.

Why would anyone delete a portfolio on any site after uploading it? Once deleted the chance for any sale at that site is zero.

If my port on Yay earns one payout every five years I would not delete it. One payout is better than none!

Meanwile I will upload in other places where I get a regular monthly payout. (BigStock)

Your thoughts ...?

-Larry

You upload photos to fictional Wonder Micro ("WM")

WM offers you 40% commission and promises you the world.

You get a few sales and have $20 in your account.

WM has $30 in their account. 

Your $20 mingles with WM's for a few months as you hope to reach their magic $100 payout.

WM's Mom wants her basement back.   They stop marketing.

WM pulls the plug, keeps your $20 and their $30.  Do the same to 40,000 other contributors.

You have wasted how many hours of your life uploading, checking stats, chatting up the forums, putting banners on your website.

If you spent one minute per day on this site, in 5 years you would have spent 1825 minutes.  At $8 per hour you could have made $243 at McDonalds.  Now count all the time you spend uploading, categorizing, reading newsletters, appealing rejections... etc. etc.

You have crowd-supported their half hearted attempt to start a business.

You worry what will happen to your assets (has WM traded your artwork to company selling cd's on ebay?)

I've got no problem giving a new company a shot.  But sticking with them is another story. 

« Reply #35 on: July 20, 2008, 17:33 »
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General question.

Why would anyone delete a portfolio on any site after uploading it? Once deleted the chance for any sale at that site is zero.

If my port on Yay earns one payout every five years I would not delete it. One payout is better than none!

Meanwile I will upload in other places where I get a regular monthly payout. (BigStock)

Your thoughts ...?

-Larry

You upload photos to fictional Wonder Micro ("WM")

WM offers you 40% commission and promises you the world.

You get a few sales and have $20 in your account.

WM has $30 in their account. 

Your $20 mingles with WM's for a few months as you hope to reach their magic $100 payout.

WM's Mom wants her basement back.   They stop marketing.

WM pulls the plug, keeps your $20 and their $30.  Do the same to 40,000 other contributors.

You have wasted how many hours of your life uploading, checking stats, chatting up the forums, putting banners on your website.

If you spent one minute per day on this site, in 5 years you would have spent 1825 minutes.  At $8 per hour you could have made $243 at McDonalds.  Now count all the time you spend uploading, categorizing, reading newsletters, appealing rejections... etc. etc.

You have crowd-supported their half hearted attempt to start a business.

You worry what will happen to your assets (has WM traded your artwork to company selling cd's on ebay?)

Agree with Pixart.
Another thing, if majority of contributors delete their portfolio WM site will go out of business. Buyers should go to serious site like IS, SS... to download your image. You will be payed. At WM no chance to get your $20.
 


tan510jomast

« Reply #36 on: July 20, 2008, 17:45 »
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If you spent one minute per day on this site, in 5 years you would have spent 1825 minutes.  At $8 per hour you could have made $243 at McDonalds.  Now count all the time you spend uploading, categorizing, reading newsletters, appealing rejections... etc. etc.


also, while working at the hamburger joint, you took your break to photographs some of the hamburgers, and submit these isolated shots to SS, you could earn even more money in sales  ;D

« Reply #37 on: July 20, 2008, 20:25 »
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Agree with Pixart.
Another thing, if majority of contributors delete their portfolio WM site will go out of business. Buyers should go to serious site like IS, SS... to download your image. You will be payed. At WM no chance to get your $20.
 



If that was the attitude among the majority of photographers, IS and SS wouldn't even exist. They too have been upstarts. And if we allow IS and SS to dominate the market, they are free to reduce payouts to photographers. Competition is good. If nobody support the competition, we end up with no choices, like in a communist world.

michealo

« Reply #38 on: July 21, 2008, 05:26 »
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Agree with Pixart.
Another thing, if majority of contributors delete their portfolio WM site will go out of business. Buyers should go to serious site like IS, SS... to download your image. You will be payed. At WM no chance to get your $20.
 



If that was the attitude among the majority of photographers, IS and SS wouldn't even exist. They too have been upstarts. And if we allow IS and SS to dominate the market, they are free to reduce payouts to photographers. Competition is good. If nobody support the competition, we end up with no choices, like in a communist world.




You are missing an important point here, that as a first mover IS got support because it was different. Yaymicro is probably the 50th or so to the field. It will have to do something different to get support.

To compete new sites need to offer cheaper images to designers and pay photographers more, if they do both they squeeze  their margins.

If they don't offer cheaper images the designers go elsewhere and if they don't pay more the photographers don't support them or those that do are the ones who don't get accepted at IS or SS which means the quality isn't at good.








« Reply #39 on: July 21, 2008, 05:34 »
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last 40 days, 0 sales. I am starting to look like a donkey to myself.

« Reply #40 on: July 21, 2008, 06:03 »
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The only thing which concerns me is they have gone quiet on the boards.  Admin was pretty active prior to the open date, and just after.  But since then, hardly a peep.  It would be nice to hear when they plan on pushing the site.

Yes! this is quite noticable.
It certainly wouldn't hurt to reply to some posts as this is the time when contributors need some re assuring!
« Last Edit: July 21, 2008, 06:06 by takestock »

« Reply #41 on: July 21, 2008, 07:28 »
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The early conclusion about Yaymirco is that they are stone cold dead.
Just another want-a-be stock agency with a pipe dream.


« Reply #42 on: July 21, 2008, 08:36 »
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Agree with Pixart.
Another thing, if majority of contributors delete their portfolio WM site will go out of business. Buyers should go to serious site like IS, SS... to download your image. You will be payed. At WM no chance to get your $20.
 



If that was the attitude among the majority of photographers, IS and SS wouldn't even exist. They too have been upstarts. And if we allow IS and SS to dominate the market, they are free to reduce payouts to photographers. Competition is good. If nobody support the competition, we end up with no choices, like in a communist world.
IS and SS started long time ago. 4 years is huge in Internet time units. New microstock startups have to give us some guarantee  before they ask me to spend my  time uploading my portfolio. Without six digits budget new companies cannot compete with "olds".
Startups have to pay us for uploading immediately or maybe distribute shares.
I agree with Epixx that competition is good. I get my payout every month from 7 sites. 7 is enough for competition. Will they reduce our payouts ? I don't think they will do that, they are not stupid. If we don't earn enough to be interested this business will stop. Do you think that Fotolia increase twice subs payouts because they love us ?

« Reply #43 on: July 21, 2008, 13:35 »
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Not having any sales at all I am personally not interested to upload any more pictures (until situation will change)

On the other hand to be fair they:
a) only opened officially 1.5 month ago, which is very short time by any measures;
b) actively answer questions from contributors (yes they are active in their own forum);
c) it's a summer period and this month I see a very significant decline in sales at other stocks, so I do understand why yay doesn't want to start advertising until after vacations

tan510jomast

« Reply #44 on: July 21, 2008, 14:34 »
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Miklav, you are right  both counts:

-that 1 1/2 months is very short to expect miracles.

-that maybe YAY should promote more now that most sites are on vacation. 

but everyone else is away too. we know that, even the stock market (the other one..the financial,the original and real moneymakers!) are almost
dead with traders on vacation, spending more time on their sailboats
than on their blackberry  ;D

so maybe we should be more realistic , and give Yay some more time.

« Reply #45 on: July 22, 2008, 20:44 »
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Miklav is right of course. Seems like some people are expecting the impossible: new agencies should build a customer portfolio and big sales overnight, but none are going to contribute their own work.

It takes years to build success as a stock agency, just as it does in any other kind of business.

« Reply #46 on: July 25, 2008, 03:06 »
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I had my first sale today, an editorial image.

« Reply #47 on: July 25, 2008, 03:54 »
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july - 0 sales.

3500+ online

michealo

« Reply #48 on: July 25, 2008, 06:19 »
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I had my first sale today, an editorial image.

one swallow doesn't a summer make


« Reply #49 on: July 25, 2008, 06:40 »
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I had my first sale today, an editorial image.

one swallow doesn't a summer make

unfortunately :)


 

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