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Author Topic: Introducing Adobe Stock!  (Read 106509 times)

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« Reply #375 on: June 23, 2015, 14:47 »
+3

Here are the questions I believe were unanswered. Let me know if I missed anything and as always feel free to email me directly if you would like: [email protected]

SNIP

Thank you for your questions, keep them coming if you have more!

-Mat Hayward

Mat, maybe I missed it but I didn't see an answer to my question about when or if FT/AS will correct the disparity between sellers who are paid in euros and ones paid in dollars.   This is unjustified.   


« Reply #376 on: June 23, 2015, 15:20 »
0

Here are the questions I believe were unanswered. Let me know if I missed anything and as always feel free to email me directly if you would like: [email protected]

SNIP

Thank you for your questions, keep them coming if you have more!

-Mat Hayward

Mat, maybe I missed it but I didn't see an answer to my question about when or if FT/AS will correct the disparity between sellers who are paid in euros and ones paid in dollars.   This is unjustified.

It is justified for FT.
FT is strong in Western Europe where it gets paid euros. Only 20% of my FT sales come from US. I can probably assume that this ratio is roughly the same for all of us.
At the same time, a huge majority of contributors from outside EU is being paid in US$.

So if 80% of the sales are made in euros and 80% (just a guess) of payments are made in US$, there is a nice $7.2 gain for every 100 credits sold by the "Bank of Fotolia" (assuming a real 1.12 euro/US$ exchange rate)

It can become an issue, if the euro falls below the US$ or if FT/AS gains a lot of market share in US flipping their EU/US sales around. The breakeven point is US/EU sales ratio = share of contributors paid in US$. Until then, FT/AS has no incentive to give-up their lucrative currency exchange business.

« Last Edit: June 23, 2015, 15:27 by Zero Talent »

« Reply #377 on: June 23, 2015, 15:29 »
+4
if the deal with greece fails and the euro falls, you might all be glad you get paid in dollars...the exchange rate is not fixed, right now it might be a benefit to get euros, but this could easily change.

i understand people want to always get the best rate, but how will an agency fix exchange rates forever? they cant.

maybe they can give artists an offer between euros and dollars and yen, so then it will be their own choice, but once you make that decision, you will have to live with the results.

« Reply #378 on: June 23, 2015, 15:37 »
+3
if the deal with greece fails and the euro falls, you might all be glad you get paid in dollars...the exchange rate is not fixed, right now it might be a benefit to get euros, but this could easily change.

i understand people want to always get the best rate, but how will an agency fix exchange rates forever? they cant.

maybe they can give artists an offer between euros and dollars and yen, but once you make that decision, you will have to live with the results.

If the euro tumbles, don't be surprised if FT/AS will suddenly make a move, presented to us as "contributor friendly", by restructuring their credit system and starting to charge EU customers at the official euro/US$ exchange rate and paying everybody in US$ (eg. the way SS is doing it).


« Reply #379 on: June 23, 2015, 15:59 »
+6
While being paid in Euros is an advantage, FT has already countered that effect.
By moving files from Euro contributors to the back of the search on the US site. This also explains the real low number of US sales for Euro contributors - your files will not be found on the US site.

@Mat: any plans to change that?

« Reply #380 on: June 23, 2015, 16:18 »
0
While being paid in Euros is an advantage, FT has already countered that effect.
By moving files from Euro contributors to the back of the search on the US site. This also explains the real low number of US sales for Euro contributors - your files will not be found on the US site.

@Mat: any plans to change that?

I'm an US contributor and, as said, I only have 20% of sales (or less) coming from US. What is your ratio?
« Last Edit: June 23, 2015, 16:27 by Zero Talent »

« Reply #381 on: June 23, 2015, 16:24 »
0
While being paid in Euros is an advantage, FT has already countered that effect.
By moving files from Euro contributors to the back of the search on the US site. This also explains the real low number of US sales for Euro contributors - your files will not be found on the US site.

@Mat: any plans to change that?

I'm an US contributor and, as said, I only have 20% of sales coming from US. What is your ratio?

Just checked:

Lifetime (since 2007) roughly 2%.
This year below 1%.

« Reply #382 on: June 23, 2015, 17:19 »
+1
I am not suggesting that people who get paid in Euros make less, just that when I make a sale in Euros, which is often cuz I have always sold well in Europe, that I get paid the correct % of the sale, and not less due to exchange rate.  This is fair and it is a way that in the past FT took more than their promised % of the royalties from many contributors.

Adobe is trying to be more honest and fair to contributors and I celebrate them for that.  Changing the underhand currency situation would be another way to improve relations with many contributors who been getting the short stick. 

« Reply #383 on: June 23, 2015, 17:23 »
0
I earn around 50% of credits from US-based sales. :/

I'm from EU, but registered on the US site, so I get paid in $.

« Reply #384 on: June 23, 2015, 17:31 »
+1
@PixelBytes Actually you are implicitly suggesting to pay less the euro-contributors for their sales made in US, in US$.
Anyway it is hard to imagine that The "Bank of Fotolia" will give away 7.9% or so coming from their artificial exchange rate (see above) even if it is fair for us.
Otherwise, I also praise their recent move and the improved communication coming from Mat.

Sent from my SM-N910T using Tapatalk
« Last Edit: June 23, 2015, 17:50 by Zero Talent »

« Reply #385 on: June 23, 2015, 23:49 »
+3
@PixelBytes Actually you are implicitly suggesting to pay less the euro-contributors for their sales made in US, in US$.
Anyway it is hard to imagine that The "Bank of Fotolia" will give away 7.9% or so coming from their artificial exchange rate (see above) even if it is fair for us.
Otherwise, I also praise their recent move and the improved communication coming from Mat.

Sent from my SM-N910T using Tapatalk

Well, still no answer on my question from Mat. 

I don't think it is a give away to pay the rightful percentage the contributor earns.  Maybe FT didn't mind shafting contributors, but I thought that is not what Adobe is about.  This is an area that still needs correcting. 

« Reply #386 on: June 24, 2015, 05:00 »
0
Mat,

Please try to get an answer from support for this question:
How can I keyword my images that they will be accepted by FT and not changed to something else.
I already addressed this question, maybe not clearly enough or not polite enough to get an answer;
e.g. knuckle means a lot of things but together with pork, ham, smoked, I always get the same images on Google search. Why does FT change the keyword knuckle to long legs?

I would really like to do this thing right (keywording). I reduced the no. of keywords to the most relevant ones but if even those are changed than some images will only be found accidentally.

Please, do you have some advice on how to cope with this?
Thanks.

« Reply #387 on: June 24, 2015, 06:52 »
0
One more question,

could we somehow get a "link up" to fotolia infinite for exclusive files. At least the option to suggest it for macro editors so they can take a look at it?

You can couple that privilege to reaching gold or something or just give us a monthly budget (3 files a month, more if the files sell... etc...), but I think this would be really interesting for many people and give fotolia access to a lot of interesting material.

If the editors dont like it, it just stays on as normal exclusive fotolia stock.


« Reply #389 on: June 24, 2015, 17:38 »
+1
Mat,

Please try to get an answer from support for this question:
How can I keyword my images that they will be accepted by FT and not changed to something else.
I already addressed this question, maybe not clearly enough or not polite enough to get an answer;
e.g. knuckle means a lot of things but together with pork, ham, smoked, I always get the same images on Google search. Why does FT change the keyword knuckle to long legs?

I would really like to do this thing right (keywording). I reduced the no. of keywords to the most relevant ones but if even those are changed than some images will only be found accidentally.

Please, do you have some advice on how to cope with this?
Thanks.

@Dodie, I'm not sure I understand the issue. Can you provide me with the image number for the file that changed "knuckle" into "long legs." I have never heard of keywords being changed in the system other than translations. Please email me directly so we can dig into this: [email protected]

-Mat

« Reply #390 on: June 25, 2015, 00:28 »
+3
@PixelBytes I'm sorry I didn't answer this before. There are no changes to the currency and payment policy.

Not the answer I was hoping for, but thank you for answering anyhow.

 +1

ShadySue

  • There is a crack in everything
« Reply #391 on: June 25, 2015, 03:58 »
+1
@PixelBytes I'm sorry I didn't answer this before. There are no changes to the currency and payment policy.
Not the answer I was hoping for, but thank you for answering anyhow.
The reply shouts the company attitude, loud and clear.
Note: Mat isn't sorry for the unfair policy; just sorry for not answering earlier.
(Who would be a company mouthpiece?)

« Reply #392 on: June 25, 2015, 04:09 »
+2
Unfair policy for whom? I'm getting pain in euros, but I'm from EU. But if I was getting paid in US dollars and then loosing money, when converting to , would that be fair?

« Reply #393 on: June 25, 2015, 06:47 »
+6
Fair means everybody gets the same % from what FT is charging the customers when selling our photos.

Right now, FT is paying you a fair % for what you sell in euros, but retains a higher % from my euro sales. This is what is not fair.
I expect a % from my euro sales, instead of a % from a bogus currency called FT credit.



Sent from my SM-N910T using Tapatalk

« Last Edit: June 25, 2015, 06:50 by Zero Talent »

« Reply #394 on: June 25, 2015, 06:52 »
0
@Dodie, I'm not sure I understand the issue. Can you provide me with the image number for the file that changed "knuckle" into "long legs." I have never heard of keywords being changed in the system other than translations. Please email me directly so we can dig into this: [email protected]

-Mat

Thank you Mat. Email sent.

« Reply #395 on: June 25, 2015, 06:53 »
0
What is Adobe Stock in Europe pricing?

ShadySue

  • There is a crack in everything
« Reply #396 on: June 25, 2015, 07:11 »
+1
What is Adobe Stock in Europe pricing?
I posted  UK prices above but not Eurozone prices. Obviously the Euro prices will be different,  as will they be in the other non Eurozone European countries.  There can't be one price.
« Last Edit: June 25, 2015, 07:17 by ShadySue »

« Reply #397 on: June 25, 2015, 07:31 »
+1
What is Adobe Stock in Europe pricing?
I posted  UK prices above but not Eurozone prices. Obviously the Euro prices will be different,  as will they be in the other non Eurozone European countries.  There can't be one price.
Right, but the royalty rate will fluctuate depending on the country you are in and where the sale happened.  A $10 US sale results in 3.30 Euro or $3.70 USD for Europeans so Europeans get 37% on US sales and Americans (those on the dollar) get 33%.  A 6.99 single sale in the UK gets a European contributor 34% and an American contributor 30%.

I think Euro pricing is 10 euros for single images, right?  That would mean European contributors get 33% and contributors paid in dollars get 29% and if the exchange rate was the same as last year you would get 24%.
« Last Edit: June 25, 2015, 08:24 by tickstock »

« Reply #398 on: June 25, 2015, 08:40 »
+3
if the deal with greece fails and the euro falls, you might all be glad you get paid in dollars...the exchange rate is not fixed, right now it might be a benefit to get euros, but this could easily change.

As a European contributor, the falling Euro has its advantages. Due to the fact that dollar payments (from other agencies) have to be converted to Euros, we'll gain a little more because of the currency exchange rate.

Last year, European contributors received 75 for every $100 cashout, right now it's 87 for the same $100. Perhaps if the Euro falls, it might be 105 for every $100. (Although we'd be feeling the effects of a falling European economy then, so in the end it's looking very dire for Europe).

« Reply #399 on: June 25, 2015, 09:01 »
+4
We get paid the minimum guarantee rate based on our ranking but have we been told what the minimum guarantee rate is?
https://us.fotolia.com/Info/Contributors/Royalties

I've been doing some searching but don't see it listed anywhere.  I thought it was on that page the other day but don't see it now.

Perhaps I'm just blind or am forgetting what we've been told many times already   :-\


 

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