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Author Topic: Too early to take conclusions about Yaymicro?  (Read 17684 times)

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« on: June 09, 2008, 12:39 »
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I have 0 sales at the moment.
I think they have done the things well but is it too early to see how will they perform?


« Reply #1 on: June 09, 2008, 12:47 »
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I finished today my portfolio uploading. Total about 2900-3000 images. Still 0 sales. But will give them a test period od 30 days, to see how it goes.

« Reply #2 on: June 09, 2008, 12:59 »
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I put 60 of mine no rejection, time will tell for sales . Some people reported  sales already on their forum, encouraging

« Reply #3 on: June 09, 2008, 15:04 »
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come on, it didn't took 30 days for big names to grow up! It takes years, and Yay just started their very first sales this month, i.e. 2nd of June.

« Reply #4 on: June 09, 2008, 15:18 »
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Until I read this thread, I didn't know they were open for business.

I imagine their marketing model is a tad different, I see no Google ads.

You guys that were there at the start with DT or SS would know more.

I am hoping for a slow 5% monthly growth in sales starting from 0 to maybe 5 sales after say 8 weeks, and then building from that.

« Reply #5 on: June 09, 2008, 16:41 »
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Just goes to show how little patience a lot of us have.  Sites have to have instant sales or we don't give them a chance.
« Last Edit: June 09, 2008, 16:51 by sharpshot »

« Reply #6 on: June 09, 2008, 16:44 »
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I remember reading somewhere in YM forum that they will start with marketing in September after the summer. One reason probably is that by then they have eliminated any bugs on the buyer site of their system. The one reason that they have named for starting to advertise beginning after the summer is that vacation time is starting now and that it is lost money to advertise right now.

So I think that it will take longer then 60 days to find out how they will turn out..

At least for now the traffic graph at Alexa looks good http://www.alexa.com/data/details/traffic_details/yaymicro.com

« Reply #7 on: June 09, 2008, 16:56 »
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I have 0 sales at the moment.
I think they have done the things well but is it too early to see how will they perform?

What a question to ask after a few days. The big players in this market have spent years establishing themselves. Don't expect any overnight revolutions. It's not going to happen. Ask the question again in a year or two. If they still exist then, there's a fair chance that they will survive.

« Reply #8 on: June 09, 2008, 17:04 »
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Hi

I have 300 images--- mix of photo, illustrations and vectors with no sales yet.its early days but i am a bit sad about it it all brings memory's of lucky Oliver----------- but i really hope its going to be different  i love the site so easy to use.
Hope in the next few weeks i will make a sale.
all the very best
redfig

Microbius

« Reply #9 on: June 09, 2008, 17:07 »
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Yes of course it's too early.

« Reply #10 on: June 09, 2008, 22:37 »
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Hopefully Yay will be my biggest portfolio. I am aiming for about 1000 I have at the moment.

Once past that it will only be the regular updates to SS and DT. Then I will focus on Alamy. Right now, I just don't think I have the talent for Alamy.

« Reply #11 on: June 10, 2008, 09:50 »
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Hi guys,

just to report my first sale at yay. medium size, 2,5 euros

Best regards,
Diego

« Reply #12 on: June 10, 2008, 11:07 »
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I keep checking every 10 minutes but still no sales! I'll give it another few hours.

« Reply #13 on: June 10, 2008, 11:58 »
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I keep checking every 10 minutes but still no sales! I'll give it another few hours.

  :D :D

tan510jomast

« Reply #14 on: June 10, 2008, 17:05 »
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I feel those who expect sales right off the bat is unreasonable.
My opinion of Yay is very high, as Linda and Jan have replied to my queries within hours. Communication is a good sign of future success, and YAY also approves of your images very quickly, even in the last few days before the grand opening. ALL TOP MARKS for this.
I say give YAY time, and they kick ass, for sure ! YAYYYYY! 8)

« Reply #15 on: June 10, 2008, 23:38 »
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I keep checking every 10 minutes but still no sales! I'll give it another few hours.

That long? My watch only counts seconds. Two more seconds, and boooom   :D

« Reply #16 on: June 11, 2008, 00:11 »
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Is there a way to connect the firealarm to the statistics? In case your out in the garden at the moment of sale??   

What if we get fired every time we dont produce!!!

« Reply #17 on: June 11, 2008, 00:33 »
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If we had a micro site tolerance gauge mine would be buried on empty. It all leaked out during the Lucky Oliver dynasty.

« Reply #18 on: June 11, 2008, 03:17 »
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Today I had my first sale at YAY! Small 0.5 euro (which is 0.8$).

« Reply #19 on: June 11, 2008, 15:27 »
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It's nice to hear some are already selling on YAY. Congrats!

They've been very upfront about plans to wait until September for their big advertising. My pix are there, all comfortable in the clean blue and white (and gold) layout, so I'm happy to give them time.

« Reply #20 on: June 19, 2008, 12:51 »
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Yes, it's good to learn of sales.

I dreamt last night that I had my first sale.  Fortunately, (as a lady once sang) "dreamin is free!"  LOL!

So far, I am patient - their smooth process and quick reviews make it such a pleasure to upload, I already have more there than I do at DT - and that's after 3 years!


« Reply #21 on: June 20, 2008, 08:08 »
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This is a strange business plan. Spend thousands or millions of dollars, open for business than wait 3 months to execute a marketing plan. Cash flow is the life blood of all businesses!

I open they have very deep pockets.

It is a very clean and fast site. The owners and management are friendly and responsive. I
 hope this is not just another get rich wildeye dream of a mirco stock. Time will wait if it lucky or an Unlucky Oliver.

« Reply #22 on: June 20, 2008, 08:20 »
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Since that first sale, id havent sold nothing.  :'(

But, lets give them a chance until the end of the year, if they dont prove worthy, I will pull out my images back. So, lets test it for 6 months...

« Reply #23 on: June 25, 2008, 03:11 »
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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....

Microbius

« Reply #24 on: June 25, 2008, 05:02 »
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I was going to say that your being silly 'cos it's still so soon then point you to Alexa to see that their ranking is growing steadily.
......but then I checked them again in Alexa and views have plummeted over the last couple of weeks.

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.

« 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 :)

« Reply #50 on: July 25, 2008, 07:32 »
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They have answered a few questions in their forum.  I have no problem waiting to see if they can get going in the autumn.  I just hope they have the strategy right.

http://forum.yaymicro.com/read.php?3,1111


 

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