MicrostockGroup

I just got this in my inbox at Zymmetrical..

Hi,

I just noticed you have been changing (lowering) prices as I bring them online. I don't know if you saw, but you had a sale for this file earlier for $5.  I look at at it now and the price is down to $2.

I know you may be used to other agencies and have the feeling our prices are set to high, but I would strongly advise waiting a bit before bringing everything down to the $2 - $3 mark. For example, we had two other raster graphic sales today, one for $11 and for $8.

As we are in Beta, there is at present very little spent on marketing and promotions at this point - however I guarantee after 4 years of experience running Flyerstarter.com that people will pay more than $2 for graphics (to that end, maybe you'd like to make some Flyer designs for submission there?).

Perception of value is very important to our marketplace, and while you're absolutely free to bring prices down to rock bottom, I just thought I'd shoot you this note - especially as our Art Manager is barbaric at this point and very slow to change files prices/tags (new version will be online soon).

Thanks,
Keith Tuomi
Director
Flyerstarter Services Ltd.
 
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The "$2" that I apparently lowered my pricing to...that is what I am assuming is the price for the 'small' size.  Am I correct?  I "was" going to price my port at Zymm, about the way that I do at Featurepics.  I was pricing at $5, and apparently someone likes it because I made a sale and have $3.50 in my account now.

So now I am confused and wanted advice on what others are pricing.  The perception of value kinda threw me.  I'm there to make sales.  So is that implication more towards leave our pricing structure alone?  I thought the part of the advantage of Zymm was that you could set your own pricing...rock bottom or not??

I won't change prices or rock the boat.

Thank you.

Odd... I raised mine up to double what they were at FP and have had 2 sales since then as well... so I'm not sure that is a direct correlation...

Personally I'm trying to make more money with my images and am leaning toward the midstock sites to concentrate my efforts (although I must say that SS and IS are my top earners and no way am I going to stop what I'm doing there)... so I am going to favor higher prices on my own work. Perception of value is a critical concept here -- i am a graphic designer and my clients tend to be fine with spending $15-$30 for an image if they think its going to get them a better image -- people need to be shown and convinced that they need to pay a price for what we do since we aren't amateurs and there is a lot of skill, effort and overhead involved in this business.

Just MY 2 cents...

And your two cents nailed it on perception.  I'm 'used' to micro, and it dawned on me that I am dealing with 'midstock' here.  Don't mind me...just shifting my brains gears here lol