MicrostockGroup
Agency Based Discussion => Dreamstime.com => Topic started by: fotografer 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 :)
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How very generous of them! I do like them very much as well. :-*
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great!
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This is great! And we didn't even have to ask :D
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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? ;)
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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 $$.
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At least it's a move in the right direction
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Link to the thread: http://www.dreamstime.com/thread_10231 (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.
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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
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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?
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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.
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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)
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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? ;)
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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!!
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Good news!
Very welcome from a very well run site!
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Yes, a well run agency.
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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.
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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
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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.
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Reading Achilles post more in detail:
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
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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?
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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.
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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.
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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.
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Having just come off a BME there in May this is even more good news ! Well Done DT !
- Mark
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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 (http://www.dreamstime.com/credits) look a bit better, the lowest price per credit is 0,8325 or 0,41625 for us.
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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? ;)
the cynic in me thought the timing convenient too :)
(but that AIN'T a complaint!!!)
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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? ;)
the cynic in me thought the timing convenient too :)
(but that AIN'T a complaint!!!)
I assure you, I'm not complaining! DT is quickly becoming my reliable and steady workhorse. And with "voluntary" increases, they're quickly becoming a fave in general. As a designer, I'm using them about 50% of the time for purchasing images (no subscription tho :) )
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DT just keeps getting better and better.
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I had a $0.21 sale yesterday. I don't think I have ever seen anything that low a DT before.
06/17/2008 ($0.21)
It was probably XS so I am not complaining.
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I assure you, I'm not complaining! DT is quickly becoming my reliable and steady workhorse. And with "voluntary" increases, they're quickly becoming a fave in general. As a designer, I'm using them about 50% of the time for purchasing images (no subscription tho :) )
Thanks for sharing the buyer's perspective. Good to know they are keeping you guys happy :)
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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? ;)
the cynic in me thought the timing convenient too :)
(but that AIN'T a complaint!!!)
I assure you, I'm not complaining! DT is quickly becoming my reliable and steady workhorse. And with "voluntary" increases, they're quickly becoming a fave in general. As a designer, I'm using them about 50% of the time for purchasing images (no subscription tho :) )
sorry I didn't mean to imply that you were complaining. I probably should have said that the timing was ironic but I'm happy to get a payrise at any time :)
Phil
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I had a $0.21 sale yesterday. I don't think I have ever seen anything that low a DT before.
06/17/2008 ($0.21)
It was probably XS so I am not complaining.
It must have been some partner sale. New prices will be effective only in mid-July.
A credit can cost 0.76$, 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 ([url]http://www.dreamstime.com/credits[/url]) look a bit better, the lowest price per credit is 0,8325 or 0,41625 for us.
Remember however that now only XS will cost 1 credit, and that's for a level 1 image. Chances are the average credit/dld willl be much higher, which is great. But again, on the other hand, will make images cost more, what increases the attractivity of subs packages (which will remain the same, except for our share of it).
Regards,
Adelaide
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Remember however that now only XS will cost 1 credit, and that's for a level 1 image. Chances are the average credit/dld willl be much higher, which is great. But again, on the other hand, will make images cost more, what increases the attractivity of subs packages (which will remain the same, except for our share of it).
Yeah I know. The raise is a good thing, just not as good as they are saying. Some buyers will leave since prices will be quite a lot higher now, others will switch to subs. Both ain't good for us. But with the raise we should still see an increase in our earnings. I think :D
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Dreamstime is the best option for buyers - our art department was told to stop using istock unless it was necessary and to use dreamstime imstead - over the last 6 months we have downloaded only 1 image from istock - over a thousand from dreamstime ... and we are all pretty happy with that ...
As a seller all I seem to be getting in sales these days from istock ar 19c x-small sales ... even the subs on other sites are paying better than this !!
Dreamstime is number 1 for me - both as a seller and buyer!!
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Interesting perspective. Do you know why your department was told to use Dreamstime over iStock?
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my $ per sale has risen 5% since 2006 at DT.
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DanP68 - essentially the never ending price rises at istock combined with a real rise in the quality of the other sites - if the images available at dreamstime had not been as good as they have gotten over the past year, we would likely have had to suck up the increases at istock - but we felt that we had other options and Dreamstime was the best of the lot ... their customer service is also, hands down, the best - they treat us with respect as cutomers/buyers.
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I had a $0.21 sale yesterday. I don't think I have ever seen anything that low a DT before.
06/17/2008 ($0.21)
It was probably XS so I am not complaining.
what??? just got one $.21 sale too for LARGE size!!!
What does it mean "partners" sales? Can I opt out these "partners"??
Sorry for asking, perhaps there is some info but I'm a bit nervous now...
I hate this pennies subscription... At least must be 30 cents for small...
Of course, my main earnings go from SS subs and I didn't want to complain to much.. but these 21 cents really suck...
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what??? just got one $.21 sale too forLARGE size!!!
What does it mean "partners" sales? Can I opt out these "partners"??
21 cents is a partner subscription sale. You can opt out, but for all partnership sales - credit and subscription.
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thank you jsnover. I see... Seems I will not opt out because of credit sales.
On other hand, I like DT, it always was my favorite from the beginning and long time is my second best earner after SS.