MicrostockGroup
Agency Based Discussion => Adobe Stock => Topic started by: MatHayward on November 29, 2016, 14:55
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We wanted to let our contributor community know that we are running a promotion in the US, UK and Australia/New Zealand to offer a subset of our Fotolia customers to try an Adobe Stock plan and convert their Fotolia credits to standard licenses.
The transfer of credits to standard licenses requires the purchase of an Adobe Stock plan. The royalty you earn for licenses will initially be $0.99 per image, with each image during the promotion representing one converted credit. Soon thereafter, we will move to pay a royalty at 33% of the image price based on the specific, undiscounted product that was purchased by the buyer. For reference, based on some of the most popular Adobe stock plans, the small image plan of 2 images per month will earn you $3.30 in royalties for each sale. Licenses from the 10 images a month plan pay out at $0.99, and sales from a large subscription plan with 350 or 750 images a month guarantee a minimum payout, which is $0.25 - $0.40 based on your Fotolia rank. We'll be monitoring royalties and payouts closely to keep a careful eye on the success of our contributors.
The Fotolia website remains a primary destination for our clients and we’ll continue to serve them. In parallel, since many clients use Adobe products and appreciate the benefits of integration, we want to provide an opportunity with the promotional offer to experience the full set of features of Adobe Stock plans, such as our extended range of asset types (Premium, 4k Video, 3D, templates), content at all price points, integrated workflows, and many more.
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Mat, thanks for sharing this!
Best regards
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Thanks for sharing this! Keep Adobe growing! I love how fast Adobe is improving it's stock site
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Kudos to Adobe Stock and Mat for promoting more sales and keeping us contributors so well informed.
In the 1.5 years since I "came back" (after bailing out during the Dollar Photo Club debacle), FT/Adobe has become my favorite stock site, in large part because the communications we receive from Mat are superior to anything that comes out of the other big sites.
Thank you, Mat.
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Isn't it actually bad for us, contributors? Like a transition from credit sales to subscriptions? About two month ago I started to see a very promising growth, unprecedented in the recent years of microstock. With a large percentage of big credit sales. Then in the last few weeks it turned back significantly. Now I mostly get subscriptions with 0.33, 0.99 an 1.65 credit commissions. Good credit sales suddenly became rarer.
(but I shouldn't sound like seeing a disaster, I still get decent returns.. It's just that October was really magical at Fotolia and November is significantly less so, with considerably lower return per download)
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We wanted to let our contributor community know that we are running a promotion in the US, UK and Australia/New Zealand to offer a subset of our Fotolia customers to try an Adobe Stock plan and convert their Fotolia credits to standard licenses.
The transfer of credits to standard licenses requires the purchase of an Adobe Stock plan. The royalty you earn for licenses will initially be $0.99 per image, with each image during the promotion representing one converted credit. Soon thereafter, we will move to pay a royalty at 33% of the image price based on the specific, undiscounted product that was purchased by the buyer. For reference, based on some of the most popular Adobe stock plans, the small image plan of 2 images per month will earn you $3.30 in royalties for each sale. Licenses from the 10 images a month plan pay out at $0.99, and sales from a large subscription plan with 350 or 750 images a month guarantee a minimum payout, which is $0.25 - $0.40 based on your Fotolia rank. We'll be monitoring royalties and payouts closely to keep a careful eye on the success of our contributors.
The Fotolia website remains a primary destination for our clients and we’ll continue to serve them. In parallel, since many clients use Adobe products and appreciate the benefits of integration, we want to provide an opportunity with the promotional offer to experience the full set of features of Adobe Stock plans, such as our extended range of asset types (Premium, 4k Video, 3D, templates), content at all price points, integrated workflows, and many more.
Any news as to when this started and when it will end?
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Sure seems to be in full force today.
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Good day today at Fotolia indeed.
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Heading toward a BDE at FT for me! That's not something I get to say about ANY agency these days!
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Heading toward a BDE at FT for me! That's not something I get to say about ANY agency these days!
+1, dl's still coming in
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It's been a mad day... BDE by a mile. It's like it's making up for the quiet spell at the end of last month. Epic day 8)
If this is the effect of the promotion.... long may it continue!!!!
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I've had lots of $3.30 DLs at FT today. Very nice - keep up the good work!
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Heading toward a BDE at FT for me! That's not something I get to say about ANY agency these days!
+1, dl's still coming in
Same here! Several pages of sales today, lot of them @ $3.30. Very nice!
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Seems liuke I just had to complain a little bit. Today lots of sales giving 3.3 credit commissions :). Way to go!
Opening some good goods beer... Cheers! :)
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This is incredible, my download numbers are around 3x of what they usually are.
However, as a contributor with some skin in the game, I'm thinking about the possible long term effects which might reflect negatively on contributors. Guess we have to wait and see.
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Mat, if you're reading this, I'm sure we're all curious to know how long this promotion may last. Is it just running a day or two, or is it lasting longer? (My vote: forever)
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I just had a bunch more to make it a BDE on FT. Thanks for the early Christmas present!
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yes - a lot of 3.30 (before tax) sales -.......... by the way - almost all my sales in last 3-4 months are usa sales - before - it was maybe just 10% - and I am on eu.fotolia - why is that?
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Had a nice wake up when I checked this morning....lets hope it continues
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Camon Matt!!
Make a Decent -image exclusive- program and application access to infinite and be number one for first time!!
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Not just me then. I had over 100$ worth of credit sales during the night. !! Hopefully this isn't just a one off.
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i would also like to say that whatever were you doing yesterday, please keep up with that :)
for the first time my fotolia(adobe) sales were as good with SS in terms of earning
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Camon Matt!!
Make a Decent -image exclusive- program and application access to infinite and be number one for first time!!
agree with that
they need to work on exclusive/infinite collection, maybe to promote some of files during upload
like checkbox "Make this file exclusive if accepted for infinite collection" and price based on rank or even better specific file downloads (can increase price after 10+ downloads or something)
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Has anyone who's earnings fell off a cliff a few years ago seen a recovery? I'm still lucky to get 20% of what I used to get. SS has been much more stable for me.
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I've had lots of $3.30 DLs at FT today. Very nice - keep up the good work!
Holy cow, yes. Way to go Adobe!
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Yes, a good week!
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Watching carefully to see if the effect of the promotion is over. Seems to have stopped around midnight ET (Thu/Fri). But by then, my Friday had already crushed Thursday to become my new BDE on FT before Friday had even started in my time zone.
When I awoke on Friday, I saw no evidence that the wave had continued while I slept, suggesting the effects of the promotion were almost entirely from the US -- at least for my port. This means either the promotion was Thurs only, or a huge wave will start again once the US wakes up and gets back to work.
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Lol. But it's early morning here in the U.S. and I got tons of sales overnight, which suggests to me that they're all sales from Europe. :D
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Hmm... if they're mostly from Europe, wouldn't the wave still be happening right now? Are you seeing more?
When was the last time you looked last night? I was refreshing till around 12:30 am, and I noticed the wave of $3.30 sales had stopped around 12:00. As of around 6:30 am, they had not yet started again.
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I get email alerts (have to stop those), and I got sales all through the night from midnight onwards, and still coming in. Everyone in the U.S. would have been asleep at the time. And it's only 7:30 AM on the East Coast, so nobody in the U.S. is at work yet.
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I feel like i'm the only one who didn't have any of these sales :(( on the contrary my normal ones almost stopped
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My 3.30 sales were getting from US for sure, because I actually got 3.13 after taxes...
Anyway, another EL sale today, wish this promotion thing would last forever...
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Shortly what they do is persuading customers to change the way of purchesing images from credit system (expensive) into 'standard license' system (cheap) and that means for us less high credits and more $0.25 - $0.40 pennies transactions. The process that has been going for some time... and there was a time when there where 50%/50% split between subscribtion and credits sales on fotolia... Well I see no reason to clap your hands... its just the news that says: 'be prepare for much lower incomes very soon' ...
Fotolia is my second most favorite stock. And I loved their system of credit purchase, unfortunatelly its future (credits future) does not look good, at least from what I see.
Lets face it: subscription system is a crap ... because selling the image to a multi billion dollar corporation for misearable 30 cents is simply a joke.
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Shortly what they do is persuading customers to change the way of purchesing images from credit system (expensive) into 'standard license' system (cheap) and that means for us less high credits and more $0.25 - $0.40 pennies transactions. The process that has been going for some time... and there was a time when there where 50%/50% split between subscribtion and credits sales on fotolia... Well I see no reason to clap your hands... its just the news that says: 'be prepare for much lower incomes very soon' ...
Fotolia is my second most favorite stock. And I loved their system of credit purchase, unfortunatelly its future (credits future) does not look good, at least from what I see.
Lets face it: subscription system is a crap ... because selling the image to a multi billion dollar corporation for misearable 30 cents is simply a joke.
Exactly.
And people here are just concerned with the short term effect, when in fact it could be a trojan horse type of scheme to decrease earnings from credit sales.
They'll applaud to Adobe for 1 or 2 days of great sales (which would happen anyway if there was a good deal and a promotion to buyers - you'd earn even more if the promotion was somehow oriented towards fotolia users to stay on fotolia), and then act surprised in a couple of months when their RPD drops. "How did this happen?"
You made it happen. And you clapped your hands while they were doing it.
Adobe learned something from iStock's mistakes.
Anyway, I hope it's not like that, but I'm having a hard time believing this is a good thing for contributors in the long run.
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Looks like the fire sale is over folks- the ride was fun while it lasted! :)
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Yup, the promotion is over. No activity since midnight ET. And I don't think anything happened in Europe today either, so it looks like we're done.
Here's hoping the fears expressed in the thread don't come true... that a great day of huge sales is disguising the fact that we'll get almost nothing but low sub scales moving forward.
Mat, I trust you and the Adobe team are keeping a close eye on this (your original note said you'd be watching to make sure this is good for contributors). Please let us know what you've learned and whether this test will be rolled out again and perhaps to other markets.
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Extremely good day!! dozens and dozens of 3.30 sales! going from strength to strength!
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Starting to fear that spike and monti may be right. After the big promo wave ended (midnight Thursday but bleeding into Friday) my FT earnings are about half what they were last Friday... and that was the US holiday weekend.
How is everyone else's FT earnings today, only counting earnings after midnight (excluding US sales that came in between 6pm and midnight ET but registered as Friday sales because FT is in European time zone?)
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Has anyone who's earnings fell off a cliff a few years ago seen a recovery? I'm still lucky to get 20% of what I used to get. SS has been much more stable for me.
Despite my earnings at Fotolia have been slowly raising for the past 3 years, they are a third of what I earned with them in 2010
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My 3.30 sales were getting from US for sure, because I actually got 3.13 after taxes...
Anyway, another EL sale today, wish this promotion thing would last forever...
3.30$ in EU we got 3.30€ but now I got 3.13$ and I got 0.94€ instead of 0.99. I think is Currency exchange, this is new. Bad news for Eu Contributors. What do you think?
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Btw after extreme 3.13 sales today sales are very slow here.
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My 3.30 sales were getting from US for sure, because I actually got 3.13 after taxes...
Anyway, another EL sale today, wish this promotion thing would last forever...
3.30$ in EU we got 3.30€ but now I got 3.13$ and I got 0.94€ instead of 0.99. I think is Currency exchange, this is new. Bad news for Eu Contributors. What do you think?
It's not new, it's like that forever on all US based agencies. It's called taxes. It has nothing to do with currency exchange. *****
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Well, that was fun. Rats.
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Now I know where those 3.30 sales are coming from. Thank you!
:)
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Now I know where those 3.30 sales are coming from. Thank you!
:)
I doubt it. Mat said: "The royalty you earn for licenses will initially be $0.99 per image, with each image during the promotion representing one converted credit. "
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Some of our contributors noticed an unusual spike in sales yesterday. The increase wasn’t related to the promotion targeting a subset of Fotolia buyers in some geos .
We added the credits after discovering a technical issue that made it necessary to make a positive adjustment to some accounts. The underlying issue was limited in nature and has been fully resolved.
We take our commitments to our contributors very seriously. We sincerely apologize, appreciate your partnership, and look forward to seeing new content contributions from all of our contributors.
-Mat
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Ah, well thanks for the info and the fix.
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Explains my poor run......
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Mat you are like a great father to us, some little and some big Contributors who are trying to become the best. Thanks
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I hope Adobe/Fotolia appreciate Mat's work for making contributor-agency relations so positive. I believe it already pays off.
The last time any agency was really concerned about honest positive communication and working towards contributor's best interest was a few years ago, and it was Shutterstock. I guess it come to an end with Scott Braut leaving SS.
Now lets compare the two worlds - Adobe/Fotolia vs Istock. The first is a knight in a shining armor and the latter is a miserable Gollum creature :).
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I find it odd that Adobe announced a sale here immediately before adjusting people's accounts for underpayment. So people mistakenly thought they were getting extra sales and got all excited, rather than questioning why they had apparently been under paid for quite a while.
I look forward to being pilloried.
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I hope Adobe/Fotolia appreciate Mat's work for making contributor-agency relations so positive. I believe it already pays off.
The last time any agency was really concerned about honest positive communication and working towards contributor's best interest was a few years ago, and it was Shutterstock. I guess it come to an end with Scott Braut leaving SS.
Now lets compare the two worlds - Adobe/Fotolia vs Istock. The first is a knight in a shining armor and the latter is a miserable Gollum creature :).
I didn't like Fotolia at all until Adobe took over. Fotolia were like istocks little brother, copying their commission cuts and setting top level rankings almost all of us will never reach. I'm still not that impressed because my earnings fell off a cliff under Fotolia and there's been no real recovery under Adobe. We are still paid too little and have those crazy top ranking levels most people will never reach. I hope things will change but until now, not much has happened to make me enthusiastic.
SS set a top tier level that's possible for almost anyone to reach if they put in the work, if Adobe want to go up in my estimation, they need to change their ranking system and give us an incentive to sell more.
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I find it odd that Adobe announced a sale here immediately before adjusting people's accounts for underpayment. So people mistakenly thought they were getting extra sales and got all excited, rather than questioning why they had apparently been under paid for quite a while.
I look forward to being pilloried.
pilloried ?????
It's amusing to read how praise and blame alternates in this thread.
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I hope Adobe/Fotolia appreciate Mat's work for making contributor-agency relations so positive. I believe it already pays off.
The last time any agency was really concerned about honest positive communication and working towards contributor's best interest was a few years ago, and it was Shutterstock. I guess it come to an end with Scott Braut leaving SS.
Now lets compare the two worlds - Adobe/Fotolia vs Istock. The first is a knight in a shining armor and the latter is a miserable Gollum creature :).
I didn't like Fotolia at all until Adobe took over. Fotolia were like istocks little brother, copying their commission cuts and setting top level rankings almost all of us will never reach. I'm still not that impressed because my earnings fell off a cliff under Fotolia and there's been no real recovery under Adobe. We are still paid too little and have those crazy top ranking levels most people will never reach. I hope things will change but until now, not much has happened to make me enthusiastic.
SS set a top tier level that's possible for almost anyone to reach if they put in the work, if Adobe want to go up in my estimation, they need to change their ranking system and give us an incentive to sell more.
The higher ranking tiers are not that impossible to reach. It depends on from what perspective you look at it. I am Sapphire and I am happy being paid 40% especially when it relates to big credit sales. Fotolia/Adobe know how to respect and value the experienced hard working contributors.
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I find it odd that Adobe announced a sale here immediately before adjusting people's accounts for underpayment. So people mistakenly thought they were getting extra sales and got all excited, rather than questioning why they had apparently been under paid for quite a while.
I look forward to being pilloried.
Or maybe not so odd, I suspect more likely that marketing set a promotion and accounting corrected a commission error and both departments were blissfully going along their way without any thought of implications beyond the immediate task or the need to communicate with anyone outside their department. I see it all the time in my day job.
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Are´nt We All Being Fooled?
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After good wekends in last month im back -50%income in these wekend :'(
Maybe worst weekend in these year :-X
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One of the best weekends here....
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Nimam pojma kaj dogaja!
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Preveč paradajza?
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Mogoce, nekaj bo treba spremeniti :)
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Paradižnik na očeh