MicrostockGroup
Agency Based Discussion => Adobe Stock => Topic started by: Stockmaan on March 11, 2015, 04:56
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Every day lower sales at Fotolia (only Europe contributors) is maybe the result of dollar that just continued advancing against the euro? I think United States Fotolia contributors now selling more.
What do you think?
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My sales on Fotolia are growing every day, every weeks…
(I am an european contributor, but with an account out of the € zone so in $)
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I'm in Europe and Fot has become my best earning site this year.
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I don't see the problem, I'm from spain, I use euros, less problems with fee converts like SS
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Every day lower sales at Fotolia (only Europe contributors) is maybe the result of dollar that just continued advancing against the euro? I think United States Fotolia contributors now selling more.
What do you think?
Fotolia sells credits in different currencies, US buyers pay with US$, Euro buyers with €. The exchange rate will not change buyer behavior.
The other way round: FT also pays their contributors in local currency, i.e. Euro contributors receive €, US contributors receive US$.
The falling Euro (against the dollar) makes payouts in Euro relatively cheaper than before.
The impact on Euro contributors from the change in currency rates could only be positive...
(To explain: As I wrote elsewhere, FT seems to move Euro contributor content to the back of the search on their US site, as paying out in Euros (1 credit = 1€) if the buyer paid in US$ (1 credit = 1 US$) is more expensive to them; the falling Euro would allow them to stop that policy of penalizing Euro content on the US site - but in my test searches on that topic that has not happened yet)
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bad in fotolia (25% of earnings... ) great in other sites 8)
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Before new year FT was my best site (seven day rank: <200), today is disaster (seven day rank >1000) and falls down. We'll see.
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The number of sales will be unaffected, because customers pay in their own currency.
Contributors in Europe are still better off with their EUR accounts. The currency difference has become smaller, that's all. (Six months ago, EUR payout value was much higher compared to USD accounts)
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For contributors, there is not much difference.
But Fotolia is losing, because their business model is based on those phony internal exchange rates: euro - dollar, yen - dollar, pound - dollar, etc, which worked massively in their advantage until recently
FT is sealing much more in Europe than in US and they have more contributors from outside EU, being paid in dollars.
So FT pays the majority of its contributors in dollars, but gets paid by the majority of their customers in euros.
Their artificial margin, based on exchange rate tricks, is now shrinking.
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FT is sealing much more in Europe than in US and they have more contributors from outside EU, being paid in dollars.
You also forgot they have a lot of contributors from EU, but being paid in dollars. >:(
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FT is sealing much more in Europe than in US and they have more contributors from outside EU, being paid in dollars.
You also forgot they have a lot of contributors from EU, but being paid in dollars. >:(
[devil's advocate]European contributors who sign up at the US site can blame themselves for that.[/devil's advocate] ;)
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i have a very but grey small portfolio, this month im getting less views but with more sales
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I'm glad they didn't allow me to change currency to euro. USD>EUR very soon.
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I'm glad they didn't allow me to change currency to euro. USD>EUR very soon.
euro is starting rising
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The banksters in Brussels are printing 1 trillion euros to devalue the currency.
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FT is sealing much more in Europe than in US and they have more contributors from outside EU, being paid in dollars.
You also forgot they have a lot of contributors from EU, but being paid in dollars. >:(
[devil's advocate]European contributors who sign up at the US site can blame themselves for that.[/devil's advocate] ;)
Not those who signed up before they split the site and then found themselves trapped in the "dollar zone" and refused the opportunity to switch.
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I can live with the FT drop 'cos of the "increases" everywhere else :)