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Author Topic: Revenue Share Special Program  (Read 6427 times)

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« on: April 29, 2021, 08:26 »
0
I just got this notification:

Thanks for being a part of our community!

At Depositphotos, were always on the lookout to create new opportunities for our contributors. For this reason, were launching a special program to help you earn more with your current portfolio.
The new Depositphotos plan allows clients to download files from special collection. Theyll include high-quality works from contributors that arent receiving the attention they deserve.

This means that your content will have a higher chance of reaching potential buyers and being purchased.

Files that will receive an extra boost

We handpicked the files that we believe will find success within the program. Check out the files that we selected from your portfolio in this Special Program lightbox .
If youre happy with our selection, then no further action is needed. If you would like to add or delete files, please do so within 7 days of receiving this email.

See your selected files ➝

What youll earn from selling files within the program

Your earnings will be based on a Revenue Share model. This means that 40% of net revenue will be allocated among contributors whose files have been downloaded within the new plan.
Read more details about the new model here.

If you have any questions, please contact [email protected]

Regards,
Depositphotos Team


The details behind the model specify this:

The Contributors who participate in the Revenue Share Special Program will be awarded royalties as follows. If a photo or vector image is purchased under the Revenue Share Special Program, your earnings increase with your Contributors Level. 40% of net subscription revenue is allocated among Contributors. The greater the proportion of an individual subscriber's downloads that relates to your files, the more you earn. The greater the number of subscribers who use your files, the more you earn. Earnings for photos and vector images are awarded in bulk at the end of the Revenue Share Special Program period.

I'm not sure what to make of it.
« Last Edit: April 29, 2021, 08:33 by Zero Talent »


« Reply #1 on: April 29, 2021, 08:31 »
0
I got it too, very vague on details.

It says
"If youre happy with our selection, then no further action is needed. If you would like to add or delete files, please do so within 7 days of receiving this email."

but no explanation on how to do any of that.

« Reply #2 on: April 29, 2021, 08:32 »
0
Same here.  Wonder if they are trying to do something similar to Elements.

« Reply #3 on: April 29, 2021, 08:34 »
+2
I got it too, very vague on details.

It says
"If youre happy with our selection, then no further action is needed. If you would like to add or delete files, please do so within 7 days of receiving this email."

but no explanation on how to do any of that.

Or why? What is the actual incentive to upload more or, what is the dis-incentive that would prompt me to delete them all?  And we need to learn what this is within 7 days or make a blind decision.  Rarely are these moves for the good of the contributor, so that's probably my answer right there.

« Reply #4 on: April 29, 2021, 08:40 »
+4
Not sure how I feel about this - Selected contributors getting special treatment? Okay? Probbaly cool if you are one of the selected contributors, probably not so cool if you are not.
The Revenue Share model is my biggest issue, and also the issue I have with the new Adobe plan. It's basically the same. Depositphotos always gets a fixed 60% of all the money customers paid, but contributors have to "share" the remaining 40% with each other and the more customers download, the smaller the share will get. Again  an unfair plan that punishes contributors for making customers buy more images. Don't like this.

I would like to know what customers pay for these images? Apperntly a different price than for the other images, or why else is the payment for contributors differently? I have a slight suspicion that customers might have unlimited access to this gallery, just like with Adobe. Why else the share model? It seems to be a model where Depositphotos is not able to pay "per downloaded image". If they just wanted to "promote" work from selected artists - well, they are already doing that with things like the editor's choice gallery (which, by the way, from my experince, doesn't really lead to many additional sales), so, yeah.... unlimited downloads gallery for customers with special plan just like with Adobe is what I guess. Only difference is that Adobe lets customers with this plan download all our images, whether we agree to it or not, while on Depositphotos you at least get a say in that.


« Last Edit: April 29, 2021, 08:43 by Firn »

Noedelhap

  • www.colincramm.com

« Reply #5 on: April 29, 2021, 08:56 »
+5
The revenue share model will be the new normal in microstock. Another agency jumping on the subscription bandwagon and untransparent revenue models.

At least there is an opt-out for the contributors. But I think it won't be long before this program is going to be implemented agency-wide for all contributors (with no opt-out, except delete your portfolio).

Edit: by the way, judging from the fact that DP earlier cut contributor commissions, it seems to me DP is struggling to keep up with the market, introducing and experimenting with new revenue models. I can't think of any other reason.
« Last Edit: April 29, 2021, 09:58 by Noedelhap »

« Reply #6 on: April 29, 2021, 09:13 »
+3
I have just emailed them to ask if it is possible to delete my chosen files from the new scheme (opt out) without deleting them from the whole site.
I can't speak for anyone else's images but the chosen ones of mine are, deservedly or not, ones which have rarely if ever sold. I am wondering if this is a way of encouraging us to shed some of the "dead wood" from the site by getting us to delete poor selling images. I am also a bit suspicious that this may be a trial which might lead to the whole commission system being changed.
I am hoping, but not necessarily expecting clarification soon.

« Reply #7 on: April 29, 2021, 09:38 »
+1
The revenue share model will be the new normal in microstock. Another agency jumping on the subscription bandwagon and untransparent revenue models.

At least there is an opt-out for the contributors. But I think it won't be long before this program is going to be implemented agency-wide for all contributors (with no opt-out, except delete your portfolio).

I am in the revenue share with Envanto, Elements, and that particular revenue share model is healthy. The difference is they are VERY picky about what gets selected, unlike DP who is using "unsold" or "low sell" images.  I think that they need to provide some deeper insights in the coming day or two regarding the "share" or I am going to opt out.  I think with DP we're looking at pennies per image sold as opposed to a bigger slice than their current 32 cents, or whatever. 

« Reply #8 on: April 29, 2021, 09:54 »
0
The revenue share model will be the new normal in microstock. Another agency jumping on the subscription bandwagon and untransparent revenue models.

At least there is an opt-out for the contributors. But I think it won't be long before this program is going to be implemented agency-wide for all contributors (with no opt-out, except delete your portfolio).

I am in the revenue share with Envanto, Elements, and that particular revenue share model is healthy. The difference is they are VERY picky about what gets selected, unlike DP who is using "unsold" or "low sell" images.  I think that they need to provide some deeper insights in the coming day or two regarding the "share" or I am going to opt out.  I think with DP we're looking at pennies per image sold as opposed to a bigger slice than their current 32 cents, or whatever.

So how does it work? Do you only find out what was sold at the end of the month, iStock style, or less often?

« Reply #9 on: April 29, 2021, 09:58 »
0
Looks like another avalanch started to move down.

Noedelhap

  • www.colincramm.com

« Reply #10 on: April 29, 2021, 10:02 »
+1
The revenue share model will be the new normal in microstock. Another agency jumping on the subscription bandwagon and untransparent revenue models.

At least there is an opt-out for the contributors. But I think it won't be long before this program is going to be implemented agency-wide for all contributors (with no opt-out, except delete your portfolio).

I am in the revenue share with Envanto, Elements, and that particular revenue share model is healthy. The difference is they are VERY picky about what gets selected, unlike DP who is using "unsold" or "low sell" images. 

How is it healthy exactly? It's just a way to devalue content. In Envato's case, the high-quality images will be selected, which seems to me is detrimental for credit sales and higher commissions that quality content deserves.
And because it's all thrown into some revenue pool (of unknown size) which makes it all very untransparent.

« Reply #11 on: April 29, 2021, 10:04 »
0
The revenue share model will be the new normal in microstock. Another agency jumping on the subscription bandwagon and untransparent revenue models.

At least there is an opt-out for the contributors. But I think it won't be long before this program is going to be implemented agency-wide for all contributors (with no opt-out, except delete your portfolio).

I am in the revenue share with Envanto, Elements, and that particular revenue share model is healthy. The difference is they are VERY picky about what gets selected, unlike DP who is using "unsold" or "low sell" images.  I think that they need to provide some deeper insights in the coming day or two regarding the "share" or I am going to opt out.  I think with DP we're looking at pennies per image sold as opposed to a bigger slice than their current 32 cents, or whatever.

So how does it work? Do you only find out what was sold at the end of the month, iStock style, or less often?

THAT'S the question for which I'd like an answer. Envato has a contributor dash but you can't see items that sell in real time, only later after they calculate.  So squishy details.

« Reply #12 on: April 29, 2021, 10:06 »
0
The revenue share model will be the new normal in microstock. Another agency jumping on the subscription bandwagon and untransparent revenue models.

At least there is an opt-out for the contributors. But I think it won't be long before this program is going to be implemented agency-wide for all contributors (with no opt-out, except delete your portfolio).

I am in the revenue share with Envanto, Elements, and that particular revenue share model is healthy. The difference is they are VERY picky about what gets selected, unlike DP who is using "unsold" or "low sell" images. 

How is it healthy exactly? It's just a way to devalue content. In Envato's case, the high-quality images will be selected, which seems to me is detrimental for credit sales and higher commissions that quality content deserves.
And because it's all thrown into some revenue pool (of unknown size) which makes it all very untransparent.

It's healthy for me because I went from $50 a month with PD to ~6.5X a month with a fraction of the images.  They reduced my port from 3k images to about 500, yet my monthly income has increased significantly. 

« Reply #13 on: April 29, 2021, 10:24 »
0
I am in the revenue share with Envanto, Elements, and that particular revenue share model is healthy. The difference is they are VERY picky about what gets selected, unlike DP who is using "unsold" or "low sell" images.  I think that they need to provide some deeper insights in the coming day or two regarding the "share" or I am going to opt out.  I think with DP we're looking at pennies per image sold as opposed to a bigger slice than their current 32 cents, or whatever.

I have some older images on the site and it looks to me like they have included some of the best sellers I have on there, not just low selling images, whatever they claim.

« Reply #14 on: April 29, 2021, 10:26 »
0
Okay, think I worked out how to select which files to incude or remove from the scheme.

The email says
"We handpicked the files that we believe will find success within the program. Check out the files that we selected from your portfolio in this Special Program lightbox .
If youre happy with our selection, then no further action is needed. If you would like to add or delete files, please do so within 7 days of receiving this email. "


If you follow their link we are actually the curators of our lightboxes. You can edit it by clicking the star at the bottom of the page and making sure the "Revenue Share Special Progam" folder is selected (rather than favourites)

Noedelhap

  • www.colincramm.com

« Reply #15 on: April 29, 2021, 11:57 »
+3
Okay, think I worked out how to select which files to incude or remove from the scheme.

The email says
"We handpicked the files that we believe will find success within the program. Check out the files that we selected from your portfolio in this Special Program lightbox .
If youre happy with our selection, then no further action is needed. If you would like to add or delete files, please do so within 7 days of receiving this email. "


If you follow their link we are actually the curators of our lightboxes. You can edit it by clicking the star at the bottom of the page and making sure the "Revenue Share Special Progam" folder is selected (rather than favourites)

Correct, in fact I just logged into my account and deleted the entire Special Revenue Program lightbox which could be found under Favourites.

« Reply #16 on: May 02, 2021, 05:06 »
+3
I had a bit more time to look over their selection, and they literally sliced off THE MOST popular files I had left on the site for the program (as well as a few low sellers). Why the need to lie and say that they are included poorly selling files only?! They obviously don't give two s**ts about trying to rebuild a reputation after all the BS with the sites initial launch, or following the scandal after the trial purchases by the Russian community etc. I guess a leopard really doesn't change it's spots

« Reply #17 on: June 16, 2021, 03:35 »
+1
"Contributors who participate in the Revenue Share Special Program will share 40% of net subscription revenue. Royalties are prorated among Contributors according to the proportion of their files in individual subscribers downloads, with increased earnings for those at higher Contributors Levels. Royalties for files downloaded under the Program are awarded in aggregate at the end of each month."

I wonder if anybody got royalties from the Revenue Share Special Program, because all I see is $0.00.
After I removed all best sellers, good sellers and average sellers from their selection I left some low sellers for a test.

« Reply #18 on: June 16, 2021, 03:53 »
0
"Contributors who participate in the Revenue Share Special Program will share 40% of net subscription revenue. Royalties are prorated among Contributors according to the proportion of their files in individual subscribers downloads, with increased earnings for those at higher Contributors Levels. Royalties for files downloaded under the Program are awarded in aggregate at the end of each month."

I wonder if anybody got royalties from the Revenue Share Special Program, because all I see is $0.00.
After I removed all best sellers, good sellers and average sellers from their selection I left some low sellers for a test.

When I checked earlier in June, I was seeing a revenue share payment on my May stats page, but that is now showing zero. The total earned hasn't changed, so something is off with the sales reporting.

« Reply #19 on: July 21, 2021, 05:36 »
0
So now everybody seems to get invited (me too). And there seems to be no lightbox anymore. I am assuming the whole portfolo goes into the program?

Can anybody who opted in earlier please share their income from the revenue share program?

« Reply #20 on: July 21, 2021, 07:55 »
+3
I came here because I don't know what to make of this email either...

I've already lost interest.  Back to life.

« Reply #21 on: July 22, 2021, 15:22 »
+2
There is nothing good to expect from agencies. Period.
In the threads on this forum there were some naive or desperate hopes. But just hopes. It will not go further to win-win with any entity monopolizing communication with a client. Stock imagery business is not an exclusion. Please secure yourself with other activities. The pendulum may not swing the other way, but the spiral will turn down. Sorry for the pessimistic notes, but please think.
« Last Edit: July 23, 2021, 02:28 by changingsky »

« Reply #22 on: July 23, 2021, 06:33 »
+4
I opted out.  If I can't understand what they're doing, I won't be able to tell if there is an error.

« Reply #23 on: July 24, 2021, 20:01 »
0
I opted out.  If I can't understand what they're doing, I won't be able to tell if there is an error.

Very right understanding.

« Reply #24 on: July 25, 2021, 03:14 »
+1
I opted out.  If I can't understand what they're doing, I won't be able to tell if there is an error.

My thoughts, though my concern is not so much that there could be an error I would not notice (as this happens with other agencies as well, for example Alamy, where some sales sometimes never get reported and other than by chance there is also no way for you to ever notice), but simply that the information given is way too vague.

I have absolutely no idea what earnings I could expect from this sheme (and seeing as all agencies do is cut our earnings and sell images for even cheaper, it's very obvious that earnings would not be to my advantage) and if it weren't for threads about this in microstock forums, I would not even understand how it is supposed to work at all. Opting in would feel like signing a treaty I did not get to read.

Sooner or later we might not even be given a chance and DepositePhotos might change to some unlimited downloads/shared revenue model altogether - but they aren't anywhere near my top earners, so I would not hesitate to pull my port, should it come to this.
« Last Edit: July 25, 2021, 06:35 by Firn »


 

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