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Author Topic: payrise at DT  (Read 9463 times)

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« on: June 17, 2008, 09:19 »
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DT have given us a payrise.  5c more on sub sales bringing them up to 35c and
quote by serban
' The credit packages will increase royalties much more, with as high as 50-75% in average.'
Great news.  DT are fast becoming my favourite stock site to work with :)


« Reply #1 on: June 17, 2008, 09:24 »
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How very generous of them! I do like them very much as well. :-*

« Last Edit: June 17, 2008, 12:38 by epantha »

« Reply #2 on: June 17, 2008, 09:28 »
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great!

lisafx

« Reply #3 on: June 17, 2008, 09:56 »
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This is great!  And we didn't even have to ask    :D

« Reply #4 on: June 17, 2008, 10:01 »
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...could this possibly be a proactive approach by DT to "nudge" contributors into jumping ship at FT? In effect saying that if you stay at FT, your sub sales there will be subverting your DT profits even more...who's that on the grassy knoll?  ;)

jsnover

« Reply #5 on: June 17, 2008, 10:18 »
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It's quite a lot to digest, but one key thing I noticed was that we'll be seeing variable credit prices and thus variable commission amounts (same percentage as before). Once we see what all the discounts are, we can then see what our actual raise is in $$.

vonkara

« Reply #6 on: June 17, 2008, 10:35 »
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At least it's a move in the right direction

« Reply #7 on: June 17, 2008, 10:38 »
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Link to the thread: http://www.dreamstime.com/thread_10231

p.s.: Subscription packages stay the same, that's good. We shouldn't expect a drop in sales rebalanced with higher royalties (well, even if subscription sales are on the raise anyways).
p.p.s.: But they're introducing new credit prices as well, correct? Or do they continue to be as they are, but will be recalculated royalty-wise by the actual credit package bought?

Overall: great stuff.

« Reply #8 on: June 17, 2008, 11:05 »
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They've also changed their photo levels by introducing a lower level 2.

Level 1  0-4 dls
Level 2  5-19
Level 3  20-49
Level 4  50-99
Level 5  over 99

CofkoCof

« Reply #9 on: June 17, 2008, 11:13 »
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Great news. Just wondering when will the payrise take effect and what does the +1 credit mean on .esp files? 1 credit more than the price for the maximum size?

« Reply #10 on: June 17, 2008, 11:42 »
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In the middle of July.

I think its great, but I do have one concern: Subscription will become more attractive for the buyer as with Stockxpert (BTW now its StockXpert's turn to increase subs commission :) ). However I am happy that DT gives us a raise in Subscription, without themselves increasing the price for the buyers.

« Reply #11 on: June 17, 2008, 12:05 »
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that's good news!
I agree with freezingpictures, StockXpert should increase the subs commissions too.and crestock should too they are the one with the lowest sub commission (and for me  lowest sales too)

« Reply #12 on: June 17, 2008, 13:00 »
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I don't think so as they said a couple of months ago that we could expect a good raise.

...could this possibly be a proactive approach by DT to "nudge" contributors into jumping ship at FT? In effect saying that if you stay at FT, your sub sales there will be subverting your DT profits even more...who's that on the grassy knoll?  ;)

« Reply #13 on: June 17, 2008, 13:28 »
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They've also changed their photo levels by introducing a lower level 2.

Level 1  0-4 dls
Level 2  5-19
Level 3  20-49
Level 4  50-99
Level 5  over 99

Awesome!!

« Reply #14 on: June 17, 2008, 13:52 »
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Good news!

Very welcome from a very well run site!
« Last Edit: June 17, 2008, 13:54 by takestock »

« Reply #15 on: June 17, 2008, 15:17 »
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Yes, a well run agency.

« Reply #16 on: June 17, 2008, 17:34 »
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this looks great.  Will be fun to see how this plays out in the monthly averages and the the RPI people are posting.  Since they are also introducing a new level, all images will with any sales at all will not only get the raise, but a boost in 1 level raiting - which will also boost their sales.... so a very nice plan in many ways.

I have said it before but i will say it again.  I really like the individual level system for images on dreamstime.  It allows high commisions as a result of individual succesful images instead of overall photographer success.

« Reply #17 on: June 17, 2008, 18:32 »
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This is certainly good news.  The only downsize is that with higher costs in credits, subs gets more attractive - and THAT is something I don't like. 

Oh, if I could only opt-out from subs...

Regards,
Adelaide

cphoto

  • CreativeShot.com
« Reply #18 on: June 17, 2008, 18:43 »
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I have said it before but i will say it again.  I really like the individual level system for images on dreamstime.  It allows high commisions as a result of individual succesful images instead of overall photographer success.

Yep, I agree.  I like DT a lot, and my sales keeps going up with them.

« Reply #19 on: June 17, 2008, 20:07 »
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Reading Achilles post more in detail:
Quote
Starting middle of July, the value per credit will be calculated depending on the actual credit value referenced to the package acquired by the buyer.

So does it mean that a 1 credit sale won't be US$0.50 anymore, but 50% of the credit price charged to the buyer?

Regards,
Adelaide

« Reply #20 on: June 17, 2008, 21:08 »
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"So does it mean that a 1 credit sale won't be US$0.50 anymore, but 50% of the credit price charged to the buyer?
"

that is my understanding. I don't know what the actual costs per credit are, but they would have to be quite a bit under a dollar to really make this new system result in a drop in income I think.

Now if only the DT tap would run continuously instead of off and on every few days.

DanP68

« Reply #21 on: June 17, 2008, 23:15 »
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This is great!  And we didn't even have to ask    :D


Yes, there certainly are differences between sites when it comes to quality management and contributor support.  Thank you Dreamstime.  I cannot say enough about how much I enjoy to work with you.

DanP68

« Reply #22 on: June 17, 2008, 23:19 »
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...could this possibly be a proactive approach by DT to "nudge" contributors into jumping ship at FT? In effect saying that if you stay at FT, your sub sales there will be subverting your DT profits even more...who's that on the grassy knoll?  ;)

I don't think so.  Achilles quietly announced a raise was forthcoming on the DT message boards a few months ago, long before the FT announcement.

Besides, they are smart enough to know that most independents aren't going to give up FT just because DT pays them more.  The only way I would make that decision is if I went exclusive with DT, and I don't get a high enough volume of sales there to make such a move.  I've always had DT exclusivity in the back of my mind as a long term option.  If volume rises sufficiently, I will be happy to work with them exclusively.

« Reply #23 on: June 17, 2008, 23:55 »
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Having just come off a BME there in May this is even more good news ! Well Done DT !

- Mark

CofkoCof

« Reply #24 on: June 18, 2008, 04:41 »
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It's quite a lot to digest, but one key thing I noticed was that we'll be seeing variable credit prices and thus variable commission amounts (same percentage as before). Once we see what all the discounts are, we can then see what our actual raise is in $$.


"So does it mean that a 1 credit sale won't be US$0.50 anymore, but 50% of the credit price charged to the buyer?
"

that is my understanding. I don't know what the actual costs per credit are, but they would have to be quite a bit under a dollar to really make this new system result in a drop in income I think.

Now if only the DT tap would run continuously instead of off and on every few days.


Found an example here:
http://blog.dreamstime.com/2007/10/02/real-dreamstime-royalties_art24631

A credit can cost 0.76$, so we will make only 0.38 per credit (0.5$ now). And this is if the buyer bought 100 credit package. Higher packages probably exist where a credit costs even less :(

Edit: The prices here look a bit better, the lowest price per credit is 0,8325 or 0,41625 for us.
« Last Edit: June 18, 2008, 04:48 by CofkoCof »


 

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