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Author Topic: FOTOLIA - NOW PAYING LESS THAN 16% !!!!!!  (Read 36750 times)

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« Reply #50 on: February 04, 2010, 00:40 »
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Im a contributor from Spain, and i get paid in dollars from fotolia and from anyother site. I wish 1 credit would be 1 euro though that is not true.

If you live in Spain how come you're not paid in Euros? I see they've got an office/website in your country.

The plot thickens!

The same with me. I am from Europe, but when I registered at FT dollar was automatically put as my currency, and I couldn't change it anymore...


« Reply #51 on: February 04, 2010, 02:22 »
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Why are you such an apologist for Fotolia anyway? Are you pimping yourself to take over Mat Hayward's position or something?

Don't be ridiculous, gotwyck.  Just because I don't agree with some of the whiners, it doesn't mean I am on FT's side.

And read OM's post.  I don't think there is any conspiracy on FT's currency calculations.  It's just the most convenient for them.

I think it is most convenient and most profitable for them (I strongly believe very high % of their customers pays in Euros and pretty significant % of contributors are registered in US zone even though they may also be Europeans).

I really believe that if another variant would be more profitable for them even if not so convenient they would do whatever they needed to make that happen.

Also, I don't see that many whiners here. Or we have different perception of what is whining and what is disagreement.

« Reply #52 on: February 04, 2010, 05:05 »
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Here's my prediction...their selling to Getty.   ::)

Yes and all the Fotolia images will all wind up on Stinkstock

I have just put in for my final payout at FO and then will get the images out of there. Fotolia started out like a ball of fire for me, but since last summer it's been one XS image after another, and now the last sale there was Jan 25 or so. So, they're done with. One less headache for me.

Actually, I don't think your prediction is that far fetched.

« Reply #53 on: February 04, 2010, 09:09 »
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And read OM's post.  I don't think there is any conspiracy on FT's currency calculations.  It's just the most convenient for them.

I think it is most convenient and most profitable for them (I strongly believe very high % of their customers pays in Euros and pretty significant % of contributors are registered in US zone even though they may also be Europeans).

I really believe that if another variant would be more profitable for them even if not so convenient they would do whatever they needed to make that happen.

Also, I don't see that many whiners here. Or we have different perception of what is whining and what is disagreement.

Suggesting that a 39% differential in what they pay contributors is just down to 'convenience' and not motivated by profit is frankly absurd __ other than in the sense that making more profit is very 'convenient' for any business.

The most two important numbers in a business are what it pays for its goods and what it sells them for and those numbers will be continually analysed and adjusted for optimum profitability. Convenience won't be a factor at any time unless of course it just so happens to be in their favour.

It must have been extraordinarily 'convenient' for Fotolia to have hiked prices to customers and then avoid paying any more to us, their contributors.

« Reply #54 on: February 04, 2010, 11:01 »
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Has anyone noticed what has been missing from this thread (and the others) being highly critical of Fotolia?

Matt Hayward. Normally comes here attempting to do the management's job for them. Maybe he can't bring himself to do it this time.

I'm here G.  Just waiting for all the facts before I dive in.

Peace,

Mat
« Last Edit: February 04, 2010, 11:03 by MatHayward »

« Reply #55 on: February 04, 2010, 12:26 »
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I'm here G.  Just waiting for all the facts before I dive in.

Great __ I'll be on the edge of my seat waiting for 'the facts'. I hope they are going to be 'the facts' too rather than the usual spin of ambiguous platitudes and other nonsense that we have come to expect from Fotolia.

Better still why don't Fotolia just do the right thing, be fair and transparent and pay us all according to our commission rate based on the actual sale value of our images?

Why do Fotolia feel the need to cloak the value of our sales in an intricate web of 'credits', currency rates, discounts, etc? No other microstock agency does this. IMHO it can only be an attempt to obfuscate the actual commission we are being paid.

« Reply #56 on: February 04, 2010, 12:35 »
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Has anyone noticed what has been missing from this thread (and the others) being highly critical of Fotolia?

Matt Hayward. Normally comes here attempting to do the management's job for them. Maybe he can't bring himself to do it this time.

I'm here G.  Just waiting for all the facts before I dive in.

Peace,

Mat

Mat the facts are that simple even I understand it  Buyers credit value 1 credit = 1 ($1.20)
                                                                    Sellers credit value  1 credit = 0.75 ($1.00)


WHY !! or parhaps you need time to put some sort of spin on it ?

Cheers

Warren

« Reply #57 on: February 04, 2010, 12:48 »
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Seriously guys...you asked about me, I responded.  That's all, no spin. 

Mat

Has anyone noticed what has been missing from this thread (and the others) being highly critical of Fotolia?

Matt Hayward. Normally comes here attempting to do the management's job for them. Maybe he can't bring himself to do it this time.

I'm here G.  Just waiting for all the facts before I dive in.

Peace,

Mat

Mat the facts are that simple even I understand it  Buyers credit value 1 credit = 1 ($1.20)
                                                                    Sellers credit value  1 credit = 0.75 ($1.00)


WHY !! or parhaps you need time to put some sort of spin on it ?

Cheers

Warren

lisafx

« Reply #58 on: February 04, 2010, 13:14 »
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Seriously guys...you asked about me, I responded.  That's all, no spin. 

Mat



Glad to see you around Mat.  With your new gig managing the Hard Rock I would not have blamed you for sitting this one out :)

To be fair, Mat is a forum moderator at Fotolia, not an administrator.  No reason to jump on him because of their policies.

Hopefully when there is anything to report we will all be informed and can make our decisions accordingly.

« Reply #59 on: February 04, 2010, 13:32 »
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Hopefully when there is anything to report we will all be informed and can make our decisions accordingly.

But wouldn't it be more helpful if THE CHAD graced us with an audience, or another of the management team at Fotolia, to engage in discussion on what are clearly serious concerns? They won't do it on their own forum of course. Once again Fotolia in total contrast to all the other agencies.

Fotolia must either think we're not worth their time to deal with and/or have plenty to hide.

I'm certainly not going to be uploading any more images until we get some real answers and some action taken to provide transparency on our commissions.

lisafx

« Reply #60 on: February 04, 2010, 14:01 »
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But wouldn't it be more helpful if THE CHAD graced us with an audience, or another of the management team at Fotolia, to engage in discussion on what are clearly serious concerns?

Absolutely!  You're right, some coherent response from Fotolia admin is way overdue. 

I just doubt Mat's the guy for that.  Most likely he doesn't know any more about this one than the rest of us. 

« Reply #61 on: February 04, 2010, 15:05 »
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Christine (Kerioak) has also been rather quiet!

I still don't get it. Fotolia knows their buyers read the forums too. They can see very clearly that we contributors are hopping mad! They can also see clearly the discrepancies with the different currencies. Surely all this is not helping Fotolia's reputation. I'm surprised someone like Daniela (FT UK director) hasn't stepped in yet. She's been popping her head in more recently since the tax fiasco. Probably scared (ha ha!)

Then again, I am probably far too naive to think the above.


« Reply #62 on: February 04, 2010, 15:06 »
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I don't think that even Foltolia knows what is going on. Apparently I can buy 400 images for 1

From Fotolia's Subscription Plans - http://en.fotolia.com/Info/Subscription




Download a little.
Download a lot.


Fotolia's subscription plans are completely customizable to your needs. Prices range from 0.7 pence to as little as 0.25 pence per image.

First, choose the length of the plan - from as short as 1 month, to as long as 1 year.

Then, choose the number of daily downloads - from 25 to 250.





Is my maths correct? I can't find a plan that will allow me to buy images for as little as a quarter of a British penny.

How many more errors are there at Fotolia, are they trying to pull the wool over everyones eyes?

donding

  • Think before you speak
« Reply #63 on: February 04, 2010, 15:08 »
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I assume they do have stock holders and if they are watching what is going on they are selling off their stock pretty fast. They have to respond to this and respond soon or it is going to cost them ALOT of money in the long run.

« Reply #64 on: February 04, 2010, 15:20 »
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I assume they do have stock holders and if they are watching what is going on they are selling off their stock pretty fast. They have to respond to this and respond soon or it is going to cost them ALOT of money in the long run.


Wouldn't that be great!

Well, as I type this the thread Chad started has had 1176 views: http://en.fotolia.com/forum/viewtopic.php?id=25258
And the new one started by Denis 'WE WANT TO KNOW ABOUT OUR NEW UNTOLD PURCHASE AND COMMISSION STRUCTURE ' has already had 118 views:
http://en.fotolia.com/forum/viewtopic.php?id=25293
They can't all be contributors reading these threads.

Maybe fotolia is being sold off as we speak - who knows!

« Reply #65 on: February 04, 2010, 15:48 »
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Just as a matter of interest are Credits that are bought by the buyers transferable ?

Is it possable for a Fotolia contributor to also be a Fotolia Buyer ?

And if the above is possable are the credits for buying and the credits for selling seperated in any way ?

Perhaps it me being stupid but there must be people in fotolia who contribute and also buy images !!

« Reply #66 on: February 04, 2010, 15:51 »
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Just as a matter of interest are Credits that are bought by the buyers transferable ?


There is a clickable link on your MyCredits page that says "Transfer Credits to another member". Never tried using it though.

donding

  • Think before you speak
« Reply #67 on: February 04, 2010, 15:54 »
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I believe it works that way....it was even talked about helping the ones that want to leave that have money in there but not enought to cash out...to buy credits in order to buy enough photos from a contributor to help them reach pauout...but if it's 1.20 to purchase a file and the contributor only gets 1.00 for the same file that really wouldn't work really well either.

« Reply #68 on: February 04, 2010, 15:57 »
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I think what Warren meant is not about transferring credits to another contributor, but if someone is a contributor as well as a buyer. Are the credits all in one 'pot' for earnings as well a purchases, or are they separated, so one pot has the earned credits and the other has bought credits?

Am I making any sense?!!!

« Reply #69 on: February 04, 2010, 16:03 »
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I have bought images and the credit amount was just deducted from my contributor's credit account. There are a lot of contributors there who are also buyers, but I imagine most of them will have seperate accounts.
It's not possible to convert credits that you have bought, though. I have never bought credits, so I don't know exactly how the difference is made between earned and bought credits. But as a contributor who has earned credits you certainly can use those credits to buy images without any kind of transforming them.

« Reply #70 on: February 04, 2010, 16:07 »
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If you all think a little out the box (so to speak) you will see what Im getting at with this one.

And would think that Fotolia have every possable angle covered !!

« Reply #71 on: February 04, 2010, 16:07 »
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I think it is most convenient and most profitable for them (I strongly believe very high % of their customers pays in Euros and pretty significant % of contributors are registered in US zone even though they may also be Europeans).

I do believe that too, but it's just speculation, right?  How many European buyers also choose the US site too for cheaper prices?

As OM said in his post, there was a time that choosing one currency proved better, than changed.  I don't remember if there were all these sites when I signed up, but I was surely unaware that might be any difference between them.  

Just a note: in Paypal, I can not sign up to the UK site unless I have an address there, Brazilian addresses are automatically assigned to the USA site.  This was inconvenient for me as I have a bank account in UK, and in the USA Paypal I could only withdraw to a USA bank account.  This has changed now, I can withdraw to a Brazilian bank, but for years this was a nuisance to me.  I'm glad MB exists!

« Reply #72 on: February 04, 2010, 16:10 »
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Donding, buying credits to help others out wouldn't work out, you're right. But if I had 60 credits, and you had 40, I could transfer 10 to your account, and we both would be happy. Or, if someone is lightyears away from payout, say they have 10 credits, they could also transfer them to someone with 40 instead of both wasting a total of 50 when they both leave in anger.
« Last Edit: February 04, 2010, 16:14 by stardust »

donding

  • Think before you speak
« Reply #73 on: February 04, 2010, 16:48 »
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Donding, buying credits to help others out wouldn't work out, you're right. But if I had 60 credits, and you had 40, I could transfer 10 to your account, and we both would be happy. Or, if someone is lightyears away from payout, say they have 10 credits, they could also transfer them to someone with 40 instead of both wasting a total of 50 when they both leave in anger.
The way I was thinking was...I guess the honestly is coming out....if someone transfers their credits to your account they are out the money....If you personally pay them through paypal or whatever what their credits are worth when they transfer them..then to me that would be the right thing to do...but when you get to the different currencies...an amount in one currency is more than one in another curacy then there lies a problem...Does That make sense or do you understand what I'm trying to say??? I don't know that it would be a problem but it seems like it would be to me

« Reply #74 on: February 04, 2010, 16:59 »
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Christine (Kerioak) has also been rather quiet!

I still don't get it. Fotolia knows their buyers read the forums too. They can see very clearly that we contributors are hopping mad! They can also see clearly the discrepancies with the different currencies. Surely all this is not helping Fotolia's reputation. I'm surprised someone like Daniela (FT UK director) hasn't stepped in yet. She's been popping her head in more recently since the tax fiasco. Probably scared (ha ha!)

Then again, I am probably far too naive to think the above.

makes me think of the banks, they close a branch and the locals all get upset, but everytime they close one they are 'increasing profits etc' and the share price goes up.


 

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