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Author Topic: Alamy changed payment threshold  (Read 26673 times)

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Ron

« Reply #125 on: November 05, 2013, 08:29 »
0
From what I understand/thought... if a co. Does "scheduled bulk payouts" the fee is waved for PayPal.

There is no waved fee. When a merchant issues mass payment they pay the fee, which is very low and capped


« Reply #126 on: November 05, 2013, 08:31 »
0
Thanks Ron, Good to know

« Reply #127 on: November 05, 2013, 08:48 »
+4
Threshold should be $50

come on man, its almost the same thing (they went from 250$ to 75$ in like a year), you have many agencies with 100$, guess they can focus on buyers now ;D

« Reply #128 on: November 05, 2013, 09:00 »
0
Threshold should be $50

come on man, its almost the same thing (they went from 250$ to 75$ in like a year), you have many agencies with 100$, guess they can focus on buyers now ;D

Yes we have some agencies with $100 but they make much more than that and it's a non-issue..

Alamy is a low earner and $50 is industry standard.. You either make it 100 or 50.. why $75 and not $78 or $71?   :)

Why not just make it $50 (what most agencies have, especially low earners)

« Reply #129 on: November 05, 2013, 09:04 »
0
I really don't think it is a big difference but sure I understand what you mean

« Reply #130 on: November 05, 2013, 09:30 »
0
These are good news, and Alamy continues to be the ONLY agency that reverses decisions based on the photographers feelings expressed in this forum and through MS.

Although they tried to get away with it to see what would happen.  Of course, nobody is going to want to pay fees.

ShadySue

« Reply #131 on: November 05, 2013, 09:36 »
+2
Alamy is a low earner and $50 is industry standard..
Really?

« Reply #132 on: November 05, 2013, 09:37 »
0
Can you imagine paying a fee at a 9-5 job!  No .... it's part of doing business. Besides PayPal is Cheever than sending checks, I would think.

« Reply #133 on: November 05, 2013, 09:38 »
0
I mean cheaper ... Gotta love auto correct ;)

« Reply #134 on: November 05, 2013, 09:59 »
0
more important.. so in a summary, now if i choose to get paid through paypal, alamy won't have a charge, right?

« Reply #135 on: November 05, 2013, 10:13 »
+1
Alamy is a low earner and $50 is industry standard..
Really?

you mean low earner or the 50$ standard? looking at the polls they don't look that good but maybe high earners are hiding like some iStock exclusives ;D

« Reply #136 on: November 05, 2013, 10:31 »
+1
Threshold should be $50
Or you should upload more and better images? ;)

« Reply #137 on: November 05, 2013, 10:32 »
+1
Alamy is a low earner and $50 is industry standard.. You either make it 100 or 50.. why $75 and not $78 or $71?   :)

Why not just make it $50 (what most agencies have, especially low earners)

SS is a $75 minimum. BigStock is $30. Many are at $50, it's true, but Veer, iStock & Dreamstime are $100. I don't think there is any such thing as an industry standard.

And what we could really use is increased sales volume, not lower payout thresholds.

The lower royalty rates were supposed to be to open offices in the US and increase marketing for creative customers. I don't know if anyone's seen an increase in business since these reductions - I see lots of comments here that Alamy sales have fallen off a cliff (which has certainly been my experience). That's the bigger concern, IMO

KB

« Reply #138 on: November 05, 2013, 10:55 »
0

Any chance you'll improve the time it takes after a "sale" for the balance to clear?

We clear the sale when the funds are received from the customer - this process takes at least 45 days because we need to allow for any changes in design refunds for the customer, as well as counter any fraudulent activity on credit card payments. Most agencies have similar clearing times but they all go on behind the scenes and the sale is only reported to you when it's cleared or very close to clearing. We report live when the sale happens.
I think most understand that there needs to be a reasonable delay to clear funds.

What bothers me are sales that take "forever". I have one uncleared sale now, for example, from January. These are the kind of uncleared sales that I think bother others, too.
45 days is fine, yet I have to wait for 4 months to get the money cleared. Some people are waiting over a year to see a sale clear.

Again though, we only clear the sale when we receive payment from the customer so if it has gone beyond the agreed terms of sale, then our credit control team will be chasing this down in order to get the photographer paid. This issue of a late payment from some customers will be industry wide, however it may be more apparent on Alamy because we report the sales live.  (Last post from us on this subject, :) )

Thanks for all the positive feedback on the payment threshold revision!

Alamy

I know this is off topic; should have been another thread -- sorry.

Does anyone know what the bolded phrase (above) means? Does this mean the end date of usage (which can be a decade out)?! In the particular sale mentioned above that has yet to clear, the start date was 16 Nov 2012, almost exactly one year ago.

I realize Alamy said this was their last word on the subject, but I have to say, these collection delays upset me a lot more than the small fee they were going to charge. (Yes, it was a distributor sale.)

ShadySue

« Reply #139 on: November 05, 2013, 11:40 »
+1
Alamy is a low earner and $50 is industry standard..
Really?

you mean low earner or the 50$ standard? looking at the polls they don't look that good but maybe high earners are hiding like some iStock exclusives ;D
I was thinking about $50 as being 'industry standard', which I don't think is right, especially outwith micro.

I wonder how many iS exclusives, like me, don't report their Alamy RM sales there as it pushes them into indie. Not that I'm a 'big earner' by any means.  8)

(FWIW, FAA pay out on the 15th of the month after the sale, even if it's just one greetings card.)


jsfoto

  • flashstockphoto.com
« Reply #140 on: November 05, 2013, 12:18 »
+8
I really like Alamy's decision ... I don't know who decided that at Alamy but I would love to see him/her teach a seminar on contributer relations for certain other agencies  ;)
Cheers for listening Alamy!

« Reply #141 on: November 05, 2013, 12:39 »
0
Threshold should be $50
Or you should upload more and better images? ;)

Last year, I made 3 payouts, all well over $175..

Alamy already takes too long to clear the sales.. wouldn't be harmful if their threshold was $50..

I will soon leave alamy as soon as some sales are cleared.. I don't like the model of waiting 6 months for a sale to clear.. Customer should be charged instantly.. We do not live in 1996..

Regardless I make sales or not, I will leave alamy.. getting money is good, but not knowing if I am going to wait 3 months or 6 months for it to clear is not my thing..

That is the same reason I will leave yaymicro.. You don't know how many months it will take for them to send the money into your skrill account.. they process paypal faster but I don't want to use paypal over skrill, just because yay is late to process moneybookers payouts..

« Reply #142 on: November 06, 2013, 03:22 »
-2
This is Alamy system and if it works, let it be... What's the different if you get the money today or next 3 months? It is already your money and just need to wait, a little ;) If sell more images today, you'll get more money tomorrow, right?

Grain to grain and nice surprise one day ;)
« Last Edit: November 06, 2013, 03:24 by Ariene »

PZF

« Reply #143 on: November 06, 2013, 03:36 »
0
Am I right in thinking that payment will happen automatically ie I can't choose to wait (yes, I know this is counter-trend!) until I have a bigger balance to clear (like you can with SS)?

ShadySue

« Reply #144 on: November 06, 2013, 03:58 »
+1
Am I right in thinking that payment will happen automatically ie I can't choose to wait (yes, I know thisis corrext. is counter-trend!) until I have a bigger balance to clear (like you can with SS)?
Yes, that is correct.

PZF

« Reply #145 on: November 06, 2013, 04:36 »
0
OK. Ta!!

KB

« Reply #146 on: November 06, 2013, 10:48 »
0
What's the different if you get the money today or next 3 months? It is already your money and just need to wait, a little
Today or in 3 months? Not a big difference.

But in my example, they've been using the image for almost a year now. It took 2 months to report the sale, and so far over 9 months after reporting, without the payment clearing.

You're really ok with that? From what I've read, this isn't the only (or even worst) example, either.

Ron

« Reply #147 on: November 06, 2013, 10:56 »
+1

Any chance you'll improve the time it takes after a "sale" for the balance to clear?

We clear the sale when the funds are received from the customer - this process takes at least 45 days because we need to allow for any changes in design refunds for the customer, as well as counter any fraudulent activity on credit card payments. Most agencies have similar clearing times but they all go on behind the scenes and the sale is only reported to you when it's cleared or very close to clearing. We report live when the sale happens.
I think most understand that there needs to be a reasonable delay to clear funds.

What bothers me are sales that take "forever". I have one uncleared sale now, for example, from January. These are the kind of uncleared sales that I think bother others, too.
45 days is fine, yet I have to wait for 4 months to get the money cleared. Some people are waiting over a year to see a sale clear.

Again though, we only clear the sale when we receive payment from the customer so if it has gone beyond the agreed terms of sale, then our credit control team will be chasing this down in order to get the photographer paid. This issue of a late payment from some customers will be industry wide, however it may be more apparent on Alamy because we report the sales live.  (Last post from us on this subject, :) )

Thanks for all the positive feedback on the payment threshold revision!

Alamy

I know this is off topic; should have been another thread -- sorry.

Does anyone know what the bolded phrase (above) means? Does this mean the end date of usage (which can be a decade out)?! In the particular sale mentioned above that has yet to clear, the start date was 16 Nov 2012, almost exactly one year ago.

I realize Alamy said this was their last word on the subject, but I have to say, these collection delays upset me a lot more than the small fee they were going to charge. (Yes, it was a distributor sale.)
No it means the payment terms. In every business you pay on terms. 10 days, 30 days, 45 days, within 3 weeks of delivery, ,etc. So if the buyer has a 30 day payment term with Alamy, they will chase the payment on day 31, in theory. But since I have waited 4 months for a payment to clear, I wonder what their payment terms are.

KB

« Reply #148 on: November 06, 2013, 12:46 »
0
Oh, payment terms. Thanks, Ron.

I've heard of payment terms as long as 120 days, so while I don't like it, I can understand their need to do that sometimes.

But I've read reports of far longer times for payments to clear; I do wonder what the story is with those.

Anyway, hopefully mine will clear before the year is over.

ShadySue

« Reply #149 on: November 06, 2013, 13:54 »
0
I usually send my first query after four months. Tends to push things along!


 

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