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Author Topic: 2013 is here - how about the promisses?  (Read 37419 times)

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CD123

« on: December 05, 2012, 15:26 »
0
2013 and its new commission structure is around the corner.

I had a 13% drop in sales over the past 5 months to the 5 months before and did not come close to the doubling of my income in 2012, as 123RF suggested might happen with their added effort. I did however kept my end up and grew my port by 60% during this year.

Will be nice to know how other contributors performed (irrespective if you think it is a raw deal or not - there is another thread for whimpering).

It will also be nice to hear from Alex from 123RF if they are happy with the progress they made in respect of increasing sales, to minimize the new structure impact (although I might not have experienced it in my port).


Poncke

« Reply #1 on: December 05, 2012, 15:33 »
0
My sales have been the same from the 2nd month I started. I basically went from 0 to 600 photos in 7 months. But all I got was +/- 25 sales a month. I stopped uploading to them because they treat contributors differently and because of the cut.

« Reply #2 on: December 05, 2012, 16:42 »
0
2009 - 100 sales - 74.69$ (966 pictures)
2010 - 343 sales - 298.47$ (2471 pictures)
2011 - 1075 sales - 807.69$ (4074 pictures)
2012 - 1256 sales - 912.36$ (4716 pictures)

even if 2012 reaches 1k $ it will be just a 24% increase with a 16% portfolio increase

so far I am with 2398 credits, I will be down to 45% with no chance to get to 50% (over 4999 credits)

steheap

  • Author of best selling "Get Started in Stock"

« Reply #3 on: December 05, 2012, 17:14 »
0
Luis - where do you find your credit total to be used for the commission structure for 2013? I'm just less than $2K this year, and will end up just over that level. Is that the same as my credit count?

Steve

microstockphoto.co.uk

« Reply #4 on: December 05, 2012, 17:17 »
0
2011: $1550

2012: ($1426 / 11 * 12) = $1555

Since the OP asked not to whimper in this thread, I won't comment my raw results:

IF (1555 >= 2*1550) THEN Doubling_income=True ELSE Doubling_income=False

PS: Is there a way to see how many credits we earned?
[except summing (number of sales for each size) * (number of credits), which I am too lazy to do, especially since I have a feeling that I'll end up at 45%]
« Last Edit: December 05, 2012, 17:23 by microstockphoto.co.uk »

« Reply #5 on: December 05, 2012, 17:32 »
0
Luis - where do you find your credit total to be used for the commission structure for 2013? I'm just less than $2K this year, and will end up just over that level. Is that the same as my credit count?

Steve


you might keep the 50%, I have made it myself, there is a calculator but I don't think it is working properly (http://davidgilder.com/misc/123RF_credit_calculator.html) it is right actually!

Based on published future credit levels:
Sub:1, S:1, M:2, L:3, XL:4, XXLMH:5, XXLTF:10, EPS:10, PEL:50, EEL:75, CEL:100, MS:25, 100MB:20, 200MB:40, 300MB:60

Published future royalty rates: <249:30%, <999:35%, <1999:40%, <4999:45%, <19999:50%, <49999:52%, <99999:54%, <499999:56%, <999999:58%
« Last Edit: December 05, 2012, 17:52 by luissantos84 »

steheap

  • Author of best selling "Get Started in Stock"

« Reply #6 on: December 05, 2012, 18:12 »
0
Ahh - pretty complex! I ended up with 2881 credits for 2012 to date. So I'm at 45%

Steve

« Reply #7 on: December 05, 2012, 18:18 »
0
Ahh - pretty complex! I ended up with 2881 credits for 2012 to date. So I'm at 45%

Steve

really? you must have a lot subs and small downloads

lisafx

« Reply #8 on: December 05, 2012, 18:20 »
0
I'm keeping 50%.  Sales have actually been quite good for me on 123 for the past 6 months or so. One of the few sites showing significant growth for me. 

CD123

« Reply #9 on: December 05, 2012, 18:24 »
0
Current just more than 1800 images with 1578 credits to date ($592). Thought I might make the 45% cutoff by end of year, but with my sales actually declining over the past 5 months I am certain of 40% (thus 20% drop in commission)  :'(

« Reply #10 on: December 05, 2012, 18:47 »
0
I am over 5k credits so I will be at 50% as well.  That calculator is a pain in the Rumpelstiltskin.

CD123

« Reply #11 on: December 05, 2012, 18:51 »
0
Removed...

Broke my own request and started whimpering....  :P

but *, it does hurt
« Last Edit: December 05, 2012, 18:57 by CD123 »

« Reply #12 on: December 05, 2012, 19:01 »
0
I will use Steve numbers to make the average $ per credit (2k $ (2881 credits) (0.69$ per credit))

you need to do in 2012:

- 3471$ to keep 50% (289$/month)
- 13800$ to be at 52% (1150$/month)
- 69000$ to be at 54% (5750$/month)

believe there is no need to make more maths, more than enough ;D

congratulations 123RF for the raise!

CD123

« Reply #13 on: December 05, 2012, 19:21 »
0
congratulations 123RF for the raise!

?

« Reply #14 on: December 05, 2012, 19:30 »
0

« Reply #15 on: December 05, 2012, 19:55 »
+1
I'm over the 45% mark but won't make the 50% mark. I had a BME in November in spite of not having uploaded for most of 2012, so perhaps I'll just let what's there sit and earn until it doesn't. I don't feel inclined to reward them with any new content given how I feel about their greed. Once the files have aged out elsewhere I might upload "old" stuff to them.

I'm still holding out hope they may come to their senses...

Microstock Man

  • microstockman.com

« Reply #16 on: December 05, 2012, 21:21 »
0
I think Anglee or another rep said in another thread not long back that they are going to have a calculator type thing implemented on the site 'closer to the date' of the new RC system.

Well, just 3 weeks out, I think this is close enough to let people know how much of a rate cut they will get.

« Reply #17 on: December 05, 2012, 21:46 »
+1
"Sales will double"
"half of your sales will come in the last quarter"
"this change will increase your sales"

yeah, sure, I've got a bridge for sale too.

« Reply #18 on: December 05, 2012, 21:57 »
0
Income raises in 2012 +41% by gain of portfolioimages +20%, will fall down to 35% commision in 2013. I stay with them because the site is running well, the upload is easy and they accept the most pictures of any agency.

grafix04

« Reply #19 on: December 05, 2012, 23:10 »
0
Meh, no problem dropping 123rf.  One less idiotic greedy microstock agent to deal with.  Bring on January!

tab62

« Reply #20 on: December 05, 2012, 23:13 »
0
just ran my credits  it came out to be around 100 thus my price is 'Free' for 2013 ::)


« Reply #21 on: December 05, 2012, 23:19 »
0
I'm dropping from 50% to 35% if I've calculated it correctly.  I saw some increase in sales but it was probably related as much to the increased uploads more than any increased traffic to the site.  They are currently my #3 income earner but they'll be dropping down with the bottom feeders if and when the change goes through.  Like Joann, I can't get too excited about rewarding them with new content.  I'll be re-thinking my strategy for all the low-earners this year.  I wonder how far down the middle tier rankings they'll be dropping when the change goes through.

« Reply #22 on: December 06, 2012, 00:18 »
0
Happy New Year Everyone  :D

CD123

« Reply #23 on: December 06, 2012, 00:40 »
0
congratulations 123RF for the raise!

?


won't they get a raise? ;D

I am sure "they" will! Question is, who are they?  ;)
« Last Edit: December 06, 2012, 00:43 by CD123 »

CD123

« Reply #24 on: December 06, 2012, 00:48 »
0
just ran my credits  it came out to be around 100 thus my price is 'Free' for 2013 ::)

You are lucky then! You should feel the change the least.  ;D


 

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