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Author Topic: What is your acceptance rate at Crestock ?  (Read 17265 times)

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josh_crestock

« Reply #25 on: February 28, 2008, 03:45 »
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All to often the argument comes up that volume equal money and the quality of experience has no bearing on revenue.

For example I work for a macro stock photography company that has a current image collection of around 10,000 images. We send our images to around 50 different macro site  distributors around the world and one particular distributor only took 1500 of our images, or 15%.  These images are highly produce, professionally shot, color balanced, and retouched. We couldnt understand why and even flew out to visit with their editors (I guess we all deal with rejection) .  They also take more of a cut then a majority of our other distributors.

After months of sales data they are killing most of the competition in generated revenue.  Why? Creative know when they go to this site they are going to find exceptional quality and dont have to wade through tons of images to find the exceptional ones.

This is in no defense of Cresstock as I havent dealt with them directly and dont know their business model, but in general less can sometime mean more money in the end.

Thanks, thats some great feedback. Let me know if you ever want to get involved with micro or Crestock.


« Reply #26 on: March 08, 2008, 09:43 »
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Wow ... I am usually manage to have an acceptance rate between 55-98% with different agencies. I just signed up with Crestock and uploaded about 90 photo. ... They all were rejected ... And I thought some other agencies are strict, but this was supricing.
« Last Edit: March 08, 2008, 10:02 by oboy »

« Reply #27 on: March 08, 2008, 10:48 »
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All to often the argument comes up that volume equal money and the quality of experience has no bearing on revenue.

For example I work for a macro stock photography company that has a current image collection of around 10,000 images. We send our images to around 50 different macro site  distributors around the world and one particular distributor only took 1500 of our images, or 15%.  These images are highly produce, professionally shot, color balanced, and retouched. We couldnt understand why and even flew out to visit with their editors (I guess we all deal with rejection) .  They also take more of a cut then a majority of our other distributors.

After months of sales data they are killing most of the competition in generated revenue.  Why? Creative know when they go to this site they are going to find exceptional quality and dont have to wade through tons of images to find the exceptional ones.

This is in no defense of Cresstock as I havent dealt with them directly and dont know their business model, but in general less can sometime mean more money in the end.

Thanks, thats some great feedback. Let me know if you ever want to get involved with micro or Crestock.

from the begging I understand quality concerns of crestock(even though sometimes I  find their rejections  very unreasonable I'd still understand their policy)but there is one obvious thing they are missing out,which also has been mentioned many times is that if they expect best of best they should be offering more than  0,25cents for these top quality images and and at least even at that price they should provide regular sales. sorry it didn't work out for me,I hope things will get better there but if it goes this way I have my doubts I am afraid.


« Reply #28 on: March 08, 2008, 11:39 »
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Crestock is pretty tough but try the New Canstock, my acceptance rate is 0 % so far, pretty ridiculus...

« Reply #29 on: March 08, 2008, 11:44 »
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...
This is in no defense of Cresstock as I haven’t dealt with them directly and don’t know their business model, but in general less can sometime mean more money in the end.
Yes, sometimes less means more.

But unfortunately, with their current pricing model, at Crestock less means less. Your agency wouldn't be so pleased with that same distributor (who accepted only 15% of your library) if they sold at bargain prices without the volume and contributed to 1% of total revenue. On a good month.
« Last Edit: March 08, 2008, 11:55 by sharply_done »

« Reply #30 on: March 09, 2008, 03:32 »
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It took me a long time to work this out but sites that pay a low commision and spend lots of money on advertising are better than those that pay us a high commission but don't attract buyers.

I am sticking with crestock, I liked the 70% commission with FP but they don't seem to advertise.  70% of their sales is very little. 

I get 30% commission for pay per download sales with CS and $0.25 for subscription sales.   They have made a lot more $ for me than FP and several other sites that have a better commission.  This is probably because they spend money on big adverts in design magazines.



I agree with Sharpshot regarding the comparison to FP. 70% of nothing is still nothing on over 100 images that I've had there for a couple of months. I very much liked hearing about the major advertising and marketing in design magazines. I think I'll try uploading there once again ...

Mrk

« Reply #31 on: March 09, 2008, 06:36 »
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It took me a long time to work this out but sites that pay a low commision and spend lots of money on advertising are better than those that pay us a high commission but don't attract buyers.

I am sticking with crestock, I liked the 70% commission with FP but they don't seem to advertise.  70% of their sales is very little. 

I get 30% commission for pay per download sales with CS and $0.25 for subscription sales.   They have made a lot more $ for me than FP and several other sites that have a better commission.  This is probably because they spend money on big adverts in design magazines.



I agree with Sharpshot regarding the comparison to FP. 70% of nothing is still nothing on over 100 images that I've had there for a couple of months. I very much liked hearing about the major advertising and marketing in design magazines. I think I'll try uploading there once again ...

Mrk
please don't get me wrong but could I ask why you compare two low earners.are we trying to find out how good 'low earners' they are. I 'd go to the opposite way and compare them with my top earners to have a better  picture of my future expectations from the sites.

just my two cents



« Reply #32 on: March 31, 2008, 03:31 »
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My acceptance is well over 85% at Crestock.  To me, it's a good site with great potential for the future.  I have consistent sales there and love the ease of uploading. 

« Reply #33 on: March 31, 2008, 03:48 »
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Crestock is pretty tough but try the New Canstock, my acceptance rate is 0 % so far, pretty ridiculus...

Dont give up.
They used to reject all I sent at the begining but now it becomes to a (+or-) 80% acceptance

josh_crestock

« Reply #34 on: March 31, 2008, 04:15 »
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Crestock is pretty tough but try the New Canstock, my acceptance rate is 0 % so far, pretty ridiculus...

Dont give up.
They used to reject all I sent at the begining but now it becomes to a (+or-) 80% acceptance

I don't think ldambies was talking about Crestock with a 0% acceptance rate. I know that photograher's acceptance rate is way higher than 0 on Crestock.

« Reply #35 on: March 31, 2008, 05:18 »
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I was indeed referring to CanStockPhoto for 0 % . I never evaluate with acceptance ratio at Crestock but it is probably more than 50%.
To go back to CT Josh since you are there I am a bit worried about the sub sales, did not have credit sales for a very long time, I don t know if you have observe this trend?
Cheers
L

josh_crestock

« Reply #36 on: March 31, 2008, 06:36 »
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ldambies,

There is no doubt that subscription sales are increasing. But, then, sales are also increasing across the board, credit sales and subs.

From what I understand, subscription sales don't affect credit sales too much.  These sales are accounted for by 2 different types of customers. There are those that are looking for specific images and don't mind paying per credit. Subscription customers (usually designers) are more impulsive shoppers, spreading their purchases around as much as possible.

Subscriptions are good because they cause a much heavier amount of purchasing, increasing exposure to your portfolio. For Crestock, its a great way of topping up sales and increasing traffic and activity on the site. I think the positives and negatives of subs have probably been covered several times over in other discussions.

I will contact the marketing team about possible ways of boosting up credit sales. We'd prefer to promote a trend of credit sales. Any ideas or thoughts here are definitely encouraged.

Josh Hodge
The Crestock Team

« Reply #37 on: March 31, 2008, 10:08 »
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From what I understand, subscription sales don't affect credit sales too much.  These sales are accounted for by 2 different types of customers. There are those that are looking for specific images and don't mind paying per credit. Subscription customers (usually designers) are more impulsive shoppers, spreading their purchases around as much as possible.

Subscriptions are good because they cause a much heavier amount of purchasing, increasing exposure to your portfolio. For Crestock, its a great way of topping up sales and increasing traffic and activity on the site. I think the positives and negatives of subs have probably been covered several times over in other discussions.

I don't think that subscription's customers are different from others. They are not comming from Mars... They just need more images and they buy them much cheaper. Do you think that without subscription sites this kind of customers will disappear, go out of business. No, they will just pay more.

« Reply #38 on: March 31, 2008, 10:20 »
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I think my first batch Crestock was 40% or therabouts.  I expected that though as I sent them my portfolio - some of which is 2-3  years old and probably shouldn't be submitted.  It sells other places though so I thought I'd try it there.  :)

I have another 41 pending with CS right now and will definitely post how those go.  They are all brand new, studio produced stuff.

« Reply #39 on: March 31, 2008, 12:21 »
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I just started uploading to Crestock myself.  They approved about 80% of what I uploaded.  However, they went back after approving 3 of the images and rejected them.  They are silhouettes of teen agers in action with a dropped shadows.  They don't seem to have any idea of what sells either.  The images the rejected are a few of my best sellers on other sites.  My uploads will stop for a while until they get their act together.  To get rejected after being approved is BS.....just like the sales on Crestock. >:(

josh_crestock

« Reply #40 on: April 01, 2008, 06:00 »
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I don't think that subscription's customers are different from others. They are not comming from Mars... They just need more images and they buy them much cheaper. Do you think that without subscription sites this kind of customers will disappear, go out of business. No, they will just pay more.
Unfortunately, in Crestock's case it would just result in a loss of customers due to them going elsewhere, rather than them being obligated to pay more. We're constantly looking into raising prices and increasing commissions, but gaining  a loyal base of returning customers and some influence on the market comes first.

I just started uploading to Crestock myself.  They approved about 80% of what I uploaded.  However, they went back after approving 3 of the images and rejected them.  They are silhouettes of teen agers in action with a dropped shadows.  They don't seem to have any idea of what sells either.  The images the rejected are a few of my best sellers on other sites.  My uploads will stop for a while until they get their act together.  To get rejected after being approved is BS.....just like the sales on Crestock. >:(
Hi cschack,
Would you be able to contact me directly with your Crestock username or image numbers of the 3 images so I can let you know exactly what the problem was there? Much appreciated.

« Reply #41 on: April 01, 2008, 10:40 »
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14/40.  LOL

What a joke.

« Reply #42 on: April 01, 2008, 20:06 »
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I have submitted both vectors and jpegs.  They accepted all 19 of my images in jpeg format only.  After one month and one inquiry to their help desk, I have yet to hear whether they have accepted or rejected these same images as vectors. 

josh_crestock

« Reply #43 on: April 02, 2008, 04:58 »
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I have submitted both vectors and jpegs.  They accepted all 19 of my images in jpeg format only.  After one month and one inquiry to their help desk, I have yet to hear whether they have accepted or rejected these same images as vectors. 
Vectors are inspected by different inspectors than jpg images, so it runs on a bit of different schedule. I'll check up on this for you. Thanks for letting us know.

« Reply #44 on: April 02, 2008, 06:43 »
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I couldn't say what my rejection rate is or how long it takes for review etc.  They are in my ftp queue, I hit submit and leave.  I dont look to see what they accept / reject etc.  They get opened up to check balance when I hit 'open all in tabs' I hit account, check and leave.  None of that is a negative, they take what they want and reject what they don't (like all sites) I don't do the adjust / resubmit thing.
Phil

« Reply #45 on: April 29, 2008, 08:35 »
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Just submitted our first batch of images, which are at five of the big six...

3/50...

Not sure where to take it from here...

« Reply #46 on: April 29, 2008, 09:27 »
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3/50...Not sure where to take it from here...

The same place a lot of us are (off Crestock)

« Reply #47 on: April 29, 2008, 18:28 »
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agreed,  over the last month, after about 300 upls of images on multiple other sites, crestock has taken 25, sold 1.

i've tried repeatedly to find out why these were rejected, but only get boilerplate responses, and after having to click on each rejected image individually, you only find other canned and arbitrary messages.

i'll leave what's there for awhile but even with the relatively simple upl porcvess it's a waste of time.

steve

« Reply #48 on: April 29, 2008, 23:48 »
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same here...the worst payouts and most inane rejections. I'll leave my current port but stopped uploading over a year ago. "Josh" is the ONLY positive thing about them as he maintains a frequent profile on the boards. At some point tho, even HE has to get a bit tired of the "crap pay" and "rejectionmania" complaints. Josh, go to the light!!!!  ;)

« Reply #49 on: May 01, 2008, 16:12 »
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I am new to microstock. I upload equally to few sites and at this point I got large collection of photos to review, process and upload. I kinda like clearviewstock approach and I am getting closer to stop reacting to rejections. Let them take what they want as long upload process is relatively easy. In my case it's like 10% now at Crestock but there is not single download.


 

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