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Author Topic: PhotoDune Non-ex Rate Increase from 25% to 33%  (Read 12507 times)

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« Reply #50 on: November 22, 2011, 14:20 »
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Can some one point me to their pricing structure? I am having trouble to find in on their website.
Thanks.


Hi flashon!  Here is the link you are looking for :)
http://photodune.net/wiki/account/money-account/payment-rates/


Thanks for the link. However I am still confused. I get it, 33% is my cut, but what are the sale prices?


« Reply #51 on: November 22, 2011, 14:39 »
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thats the max
« Last Edit: November 22, 2011, 14:40 by luissantos84 »

« Reply #52 on: November 22, 2011, 14:40 »
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xs - $1
s - $2
m - $3
l - $5
XL -$7
EL - $24

« Reply #53 on: November 22, 2011, 14:52 »
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Thank you both!

« Reply #54 on: November 22, 2011, 20:36 »
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i try to ftp to folder bulk import/photos, but i realize the system doesn't take up the 'name' and 'descriptions' as the 'title' and 'descriptions' in IPTC data. anyone has similar issue?

« Reply #55 on: November 22, 2011, 20:59 »
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i try to ftp to folder bulk import/photos, but i realize the system doesn't take up the 'name' and 'descriptions' as the 'title' and 'descriptions' in IPTC data. anyone has similar issue?

I'm having no problem with the IPTC data being read from my files when I FTP them. I do my data entry in Photoshop CS5 - perhaps there are some other sources that PhotoDune's extraction software doesn't yet support?

« Reply #56 on: November 22, 2011, 23:49 »
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I think PhotoDune is one of the new promising agencies out there right now!
Thank you for the great news.  :)

« Reply #57 on: November 23, 2011, 01:15 »
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Any chance of price increases when rank increases?
« Last Edit: November 23, 2011, 01:38 by MatHayward »

microstockphoto.co.uk

« Reply #58 on: November 23, 2011, 02:27 »
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Any chance of price increases when rank increases?

I would like a tiered scheme as well, but rather for % than price, since I think a single price from buyers' point of view is simpler

but for real, please - i.e., possibly before 24999 pictures sold

anyway, for most of us independents 33% from start is better than - say - 20% to 31% for the first 24999 sales (or 99996 quarters of sales)

Any reference to other sites is purely coincidental :)
« Last Edit: November 23, 2011, 07:05 by microstockphoto.co.uk »

« Reply #59 on: November 23, 2011, 05:22 »
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thats the max


I don't want to comment the pricing, but the sizes: I think the XXL size should be smaller. I see that it's the exact resolution of a Canon EOS 5D mk II camera. But the thing gets funny when the new top-of-the-line Canon 1D X arrives, it will be only 5 184 x 3 456. The most expensive Canon won't be enough for Photodune's XXL size...

« Reply #60 on: November 23, 2011, 09:31 »
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the XXL is the max size you have uploaded, I have some with more than 100MP, sizes need to be updated

helix7

« Reply #61 on: November 23, 2011, 11:02 »
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The Envato marketplaces seem to have started with very different goals in mind than most microstock agencies, so it's understandable why things are done a little differently at PhotoDune, GraphicRiver, etc. I really doubt that when they evolved beyond FlashDen they ever really expected to be doing business in stock photos, or in the volume of imagery and design assets they are doing now. Collis please correct me if I'm wrong in any of these assumptions.

My point is that Envato has done a lot of growing over the years and so far they have responded well to their rapidly changing business and evolved as they took on new markets. From my experience at GR, things have gone pretty well. I think pricing has changed a bit and I'm seeing vectors priced in somewhat higher amounts now than before. It used to be rare to see many $7 vectors, but now it's more common. And the increased royalty rate is going to be helpful.

Sure I'd love to see prices creep a bit higher, but overall things are going well at Envato for me and it's refreshing to see a company respond at all to contributor concerns, especially when it comes to pay. Because of that I have confidence in Envato, and I'm fine with continuing to upload and support the site as long as they continue to be open to change and working with contributors to make adjustments from time to time.
« Last Edit: November 23, 2011, 12:12 by helix7 »

« Reply #62 on: November 23, 2011, 13:38 »
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Any chance of price increases when rank increases?

I would like a tiered scheme as well, but rather for % than price, since I think a single price from buyers' point of view is simpler


I am thinking more globally for the industry and quite frankly all of our future.  I have nothing against Photodune.  I understand their strategy to undercut the industry leaders in order to compete.  I'm just worried this trend will become like a Walmart and take over the industry.  Since Yuri has already sold 5,000 images here people have clearly learned they can buy his shots at a fraction of the price they can elsewhere. 

It's not like they are buying a generic version of a Yuri photo.  They are buying the exact same product.  If we all dump our portfolios there, that's going to be the price structure as all the other sites will need to lower theirs to compete. 

Is it possible we could all look back at this thread in 2 years and slap ourselves in the forehead shouting "This is why we now get 33% of a 10 cent commission on an extra large file!?

Mat

« Reply #63 on: November 23, 2011, 14:39 »
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Any chance of price increases when rank increases?

So they can move the goalposts just when you think they are in sight, you mean?

microstockphoto.co.uk

« Reply #64 on: November 23, 2011, 15:05 »
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Any chance of price increases when rank increases?

I would like a tiered scheme as well, but rather for % than price, since I think a single price from buyers' point of view is simpler


I am thinking more globally for the industry and quite frankly all of our future.  I have nothing against Photodune.  I understand their strategy to undercut the industry leaders in order to compete.  I'm just worried this trend will become like a Walmart and take over the industry.  Since Yuri has already sold 5,000 images here people have clearly learned they can buy his shots at a fraction of the price they can elsewhere.  

It's not like they are buying a generic version of a Yuri photo.  They are buying the exact same product.  If we all dump our portfolios there, that's going to be the price structure as all the other sites will need to lower theirs to compete.  

Is it possible we could all look back at this thread in 2 years and slap ourselves in the forehead shouting "This is why we now get 33% of a 10 cent commission on an extra large file!?

Mat

You have a good point here: prices at PD are a bit too low.
But then, other sites have better prices but too low base commissions and unrealistic goals.
And taking into account all variables (prices, commissions, subs, partner programs, currencies...) it's not easy to find out how much we are really paid at any specific site.

If we were to make decisions based on inner feelings - and only submit to sites with clearly sustainable prices and commissions - only a bunch of minor sites would remain, accounting for less than 5% of total earnings.

But in the end this is a business and we can't ignore sites with good sales, I'm afraid. Each of us must decide how low is too low, and accept anything above even if it's far away from what we think is fair.

What we can do is to sustain fair sites as well, even if sales are near-zero at present, helping to build a better future.
« Last Edit: November 23, 2011, 15:29 by microstockphoto.co.uk »

lisafx

« Reply #65 on: November 25, 2011, 18:07 »
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Is it possible we could all look back at this thread in 2 years and slap ourselves in the forehead shouting "This is why we now get 33% of a 10 cent commission on an extra large file!?


Honestly, who knows what things will look like in two years on any site?  My guess is that Photodune will be a major player in two years.  Either way, does anyone want to base their business decisions on distant hypotheticals?

I can only speak from my limited experience, but I have been extremely impressed with my contacts with folks at Envato, and also with the regular monthly payouts I receive.  They are very good people who treat contributors with respect, and are the most innovative and successful of all the new sites.  They also have an actual community, similar to what Istock used to be/have. 

« Reply #66 on: November 25, 2011, 18:33 »
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I'm with you, Lisa.  Anything's possible, but I can't see an imagined worst case scenario keeping me from acting in my present and perceived future best interest.  The worst I can say about PhotoDune and the rest of Envato is that their infrastructure suffers from some growing pains.  On the upside, they've been pleasant to deal with, seem to be in this for the long haul and are willing to listen and learn.  Oh, and they're making me some money, which is nice. 

I don't get the attitude I sensed at iStock and Fotolia long before they began to take action against us.  If I do get a negative vibe at some future date, I'll reevaluate.  In the meantime, I'll let them tune their pricing and their compensation to optimize their income and mine.  Much nicer than optimizing theirs at the expense of mine, as others have done.

« Reply #67 on: November 25, 2011, 19:39 »
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I don't have a crystal ball either, but I would say that the folks at PhotoDune have been unfailingly polite and helpful. Growing pains is about right for the state of software on the site (for uploads, dealing with model/property releases, finding a list of what's pending, what's rejected, etc.).

And this morning I checked and a good portion of what I uploaded as a test batch was approved (was very surprised at the high rejection rate, but as I can't see any rejection reasons for the "hard" rejections I have no idea what they didn't like), plus I had my first sale.

I've opted out of ELs; once I can figure out how to keep them happy regarding content, I think they'll be a good middle tier site for the time being. Things are not spectacular with the established sites so I'm not about to turn my nose up at a solid middle tier site to add to my roster.

« Reply #68 on: November 26, 2011, 00:59 »
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Honestly, who knows what things will look like in two years on any site?  My guess is that Photodune will be a major player in two years.  Either way, does anyone want to base their business decisions on distant hypotheticals?

Well screw it!  You are right.  My wife gets mad at me based on hypothetical scenario's and it drives me nuts (short drive). 

The feedback is overwhelmingly positive and the glowing review at the Microstock Diary blog have convinced me to give it a shot (pun intended).  Definitely going to opt out of EL's but I'm excited to see the potential.

Mat

« Reply #69 on: November 26, 2011, 01:22 »
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I've opted out of ELs;

@jsnover Good move. They've increased the lowest revenue a contributor can receive for an EL from $2 to $2.64.

@y'all They increased their commission from 25% to 33%, because they are nice, because they are good people and they listen? Because they didn't want to be constantly vilified as they were, because to compete they wanted all contributors to be on board which they weren't getting, hence they offered a carrot. iStock got too big for their boots and gave up on being polite both in words and actions (to their detriment), PD like all new agencies are extremely polite with their words and responses, their income depends on being like this, but no agency is truly polite unless they recognise that their role is to be an agent for which they receive a cut, an intermediary for work that belongs to others and take a percentage for being that middle-man. 50% is more than enough, anything less is rude and no matter what money you are making and how many polite words you hear, this shouldn't be forgotten.

« Reply #70 on: November 26, 2011, 01:29 »
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Well, I tried.  I uploaded my 10 pics and got a 405 error message.  I did get an email confirmation that says it did go through so we'll see.

« Reply #71 on: November 26, 2011, 01:31 »
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@y'all They increased their commission from 25% to 33%, because they are nice, because they are good people and they listen? Because they didn't want to be constantly vilified as they were, because to compete they wanted all contributors to be on board which they weren't getting, hence they offered a carrot.
Shouldn't we organize a Teddybear Award for the cuddliest site around?
By the way, their upload is flawless, no d/c's, IPTC metadata imported in the right fields. My wifi antenna on the roof is glowing red-hot at the moment.

« Reply #72 on: November 26, 2011, 07:52 »
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Is it possible we could all look back at this thread in 2 years and slap ourselves in the forehead shouting "This is why we now get 33% of a 10 cent commission on an extra large file!?

Mat

I can assure you Mat, If someday an agency destroys microstock, it will be fotolia or istockphoto!

WarrenPrice

« Reply #73 on: November 26, 2011, 11:40 »
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Well, I tried.  I uploaded my 10 pics and got a 405 error message.  I did get an email confirmation that says it did go through so we'll see.

Are you no longer exclusive at FT?

lisafx

« Reply #74 on: November 26, 2011, 14:39 »
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My wife gets mad at me based on hypothetical scenario's and it drives me nuts (short drive).  

The feedback is overwhelmingly positive and the glowing review at the Microstock Diary blog have convinced me to give it a shot (pun intended).  Definitely going to opt out of EL's but I'm excited to see the potential.


LOL!  Well, she's your wife.  It's what we do.  Wasn't there something about that in the marriage vows?  ;D

Now that I see so many talented artists signing up with PD to compete with those of us already there, I am regretting my praise of them.  As Sean Locke says "Nothing to see here folks.  Move along..." ;)

@microstock posts - So what if PD's motivation is financial instead of altruistic in raising their royalty % and treating contributors with respect?  Other sites' income depends on it too, you would think, but they still treat us like dog droppings.  Credit where credit is due IMO.

PhotoDuneMicrostock Insider

 

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