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Author Topic: Alamy reducing commission from 50% to 40%  (Read 7754 times)

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« Reply #50 on: February 26, 2019, 02:51 »
+3
Today they rubbed salt in the wound. A sale from last week was refunded and repurchased for the same price, except they took 20% more of it and I got 20% less.  ouch.

How did that work? What I mean is, we got a 10% cut, how did they take 20%? I don't understand.

I sold an image on the 20th Feb for $200 of which my cut is 50% or $100.  If I had sold that image on the 21st Feb my cut would be 10% less at 40% equals $80.  As you can see that would be 20% less than the day before.  They may be only taking 10% more commission, but they have got 20% of your earnings.

Clear as the Sunrise in the morning, over the ocean. I read it as taking 20% more from the sale not 20% less money. Thanks, I understand.

Yes we're back to the math parts, where a 10% cut will cost us 20% in earnings.

But it's still a 10% cut... and in the future we'll only get $80 for a sale of $200 instead of $100. Both true

Its not a 10% cut it never was it was always a 20% cut thats why it's so disgusting.

Reducing the royalty rate from 50% to 40% is 10 percentage points but in real terms a 20% cut in revenue.

i.e. $100 sale @ 50% split gives $50
$100 sale @ 40% gives $40

20% of $50 is $10 hence $40 is a 20% reduction



Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #51 on: February 26, 2019, 13:11 »
+1
Today they rubbed salt in the wound. A sale from last week was refunded and repurchased for the same price, except they took 20% more of it and I got 20% less.  ouch.

How did that work? What I mean is, we got a 10% cut, how did they take 20%? I don't understand.

I sold an image on the 20th Feb for $200 of which my cut is 50% or $100.  If I had sold that image on the 21st Feb my cut would be 10% less at 40% equals $80.  As you can see that would be 20% less than the day before.  They may be only taking 10% more commission, but they have got 20% of your earnings.

Clear as the Sunrise in the morning, over the ocean. I read it as taking 20% more from the sale not 20% less money. Thanks, I understand.

Yes we're back to the math parts, where a 10% cut will cost us 20% in earnings.

But it's still a 10% cut... and in the future we'll only get $80 for a sale of $200 instead of $100. Both true

Its not a 10% cut it never was it was always a 20% cut thats why it's so disgusting.

Reducing the royalty rate from 50% to 40% is 10 percentage points but in real terms a 20% cut in revenue.

i.e. $100 sale @ 50% split gives $50
$100 sale @ 40% gives $40

20% of $50 is $10 hence $40 is a 20% reduction

Yup, got it.

« Reply #52 on: February 27, 2019, 05:13 »
+2
Oh and the other dubious thing is that Alamy are now creaming off 1 cents from certain sales or in some cases 2 cents.

In the past rounding off sales after commision they would err on the side of the contributor and give the 1 cent to them.  Now it looks like they are keeping the rounding off and I see on their forum some people are not getting the full 50% as contracted.

This company just slipped from being the most trust worthy in my view to slightly less than trust worthy


« Reply #53 on: February 27, 2019, 05:26 »
+2
My first sale on Alamy was in 2016 $125 for my pocket, one of my last sales was $0,65. The problem is not only the cut 50% to 40%

« Reply #54 on: February 27, 2019, 05:36 »
+2
Less sales, less royalties, one of the hardest uploading process, many refunds, less than 1% of my stock earnings!
I'm asking myself why I'm still uploading?
Maybe it's time to stop wasting my time!

« Reply #55 on: February 27, 2019, 13:02 »
+2
And they give students to keep 100% of the sale price. Someone here said that, I don't know if it's true. Instead of splitting 50/50 with students they prefer to take 20% from regular contributors. Really disgusting.

« Reply #56 on: February 27, 2019, 14:38 »
0
And they give students to keep 100% of the sale price. Someone here said that, I don't know if it's true. Instead of splitting 50/50 with students they prefer to take 20% from regular contributors. Really disgusting.

Its quite correct students do get 100% royalties and Alamy also dump cash in to charities

Distributors get 40% Alamy take another 30% then the distributors never pay up and Alamy never pay up in that case

I'm rapidly getting pissed off with them.   >:(

ShadySue

« Reply #57 on: February 27, 2019, 15:11 »
+2
And they give students to keep 100% of the sale price. Someone here said that, I don't know if it's true. Instead of splitting 50/50 with students they prefer to take 20% from regular contributors. Really disgusting.
Its quite correct students do get 100% royalties and Alamy also dump cash in to charities
I think it's more that Alamy was started in the main as a business enterpise to fund family charities.

One of which, an alleged 'educational charity', I can't even understand how it gets charity status as it's just some software to crunch relative exam attainment levels in schools, which to my mind is a commercial operation, and a dubious one at that (speaking as a former teacher).
To me, an 'educational charity' is e.g. an organisation which donates supplies to deprived school areas, or maybe sponsors important educational research, or funds teachers to teach in the developing world, or stuff like that.


 

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