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Topic: SV subscription terms  

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hatman12



« on: October 04, 2007, 17:10 »

With all the discussion at StockXpert over the possible introduction of subscription services, I thought I'd check out SV's offering.

Their terms are 30c commission per download.

Subscription rate is $199 monthly, 25 downloads per day, 750 per month.  This pricing looks like a deliberate ploy to undercut Shutterstock (but of course SV doesn't have the customer base yet).



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hatman12



« Reply #1 on: October 04, 2007, 17:15 »

I've also just noticed this:

"Once you make $10 in royalties, you will be paid forty five days following the calendar month in which the amount licensed exceeds $10. For example, if your royalty balance is $250 at 06/30/2007, you will receive the full $250 on  08/15/07. If you make royalties in July this will accumulate and go towards your next payment.  If your balance never exceeds $10, you will receive your royalties forty five (45) days following the end of the calendar year..."

What is it with these agencies that just want to screw us?  There is no justification for a 45 day wait - they just want to keep the money and earn interest on it.


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epixx


Dreamstime GaugeiStock Gauge
« Reply #2 on: October 04, 2007, 17:24 »

With all the discussion at StockXpert over the possible introduction of subscription services, I thought I'd check out SV's offering.

Their terms are 30c commission per download.

Subscription rate is $199 monthly, 25 downloads per day, 750 per month.  This pricing looks like a deliberate ploy to undercut Shutterstock (but of course SV doesn't have the customer base yet).



I'm opting out of the subscription scheme for most of my images there. The earnings would be so very small, and for each customer who buys a 10$ image instead, I'll gain a lot. Pure speculation at this stage, but looking at the figures at DT, it makes sense.


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epixx


Dreamstime GaugeiStock Gauge
« Reply #3 on: October 04, 2007, 17:27 »


What is it with these agencies that just want to screw us?  There is no justification for a 45 day wait - they just want to keep the money and earn interest on it.


In their view, earning interest on your money is justification enough   Roll Eyes

But actually, payment schedules are one of the areas where most micro agencies are better than most macros. Some of the latter pay 30 days after the end of each 3 month period.


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