MicrostockGroup

Agency Based Discussion => Adobe Stock => Topic started by: marcopolo on March 06, 2007, 23:16

Title: Should I raise my EL prices?
Post by: marcopolo on March 06, 2007, 23:16: I currently have my extended licences priced at $45.00. I am thinking this may be too low, I am currently getting 2-3 EL's per week at Fotolia. I am afraid if I raise prices these will go away, has anyone else raised their EL prices over $50? Have sales been affected negatively doing that?
Title: Re: Should I raise my EL prices?
Post by: sim on March 07, 2007, 06:59: Why not raise them for a month and see the difference?

Also if I were getting 2-3 El's per month per week from one site alone, at $45 a time, I wouldn't be wasting my time here, I would be out picking some new lenses! ;)

Way to go Marcopolo :)
Title: Re: Should I raise my EL prices?
Post by: Photoguy on March 07, 2007, 07:36: I'm sure a lot of people leave the EL at the default price. Congrats on your success, I don't get any EL's at Fotolia
Title: Re: Should I raise my EL prices?
Post by: sharpshot on March 07, 2007, 08:20: Id there a way to change the EL price for all photos at fotolia? It would take me a long time to do them all individualy.
Title: Re: Should I raise my EL prices?
Post by: Kiya on March 07, 2007, 08:32: Quote from: sharpshot on March 07, 2007, 08:20
Id there a way to change the EL price for all photos at fotolia? It would take me a long time to do them all individualy.

Contact FT and they will change for you.
Title: Re: Should I raise my EL prices?
Post by: CJPhoto on March 07, 2007, 08:39: Quote from: Kiya on March 07, 2007, 08:32
Quote from: sharpshot on March 07, 2007, 08:20
Id there a way to change the EL price for all photos at fotolia? It would take me a long time to do them all individualy.

Contact FT and they will change for you.
Agree, they changed all mine to $50 when I made bronze.
Title: Re: Should I raise my EL prices?
Post by: Kiya on March 07, 2007, 08:53: From FT website

"Currently only customer service can do a global change on your prices. However, this feature is coming."
Posted by Chad Bridwell on 17:43, May 26 2006"
Title: Re: Should I raise my EL prices?
Post by: sharpshot on March 07, 2007, 09:19: Thanks for that. Interesting that feature has been coming since May last year. I will email customer services, as I doubt the change will be implemented soon.
Title: Re: Should I raise my EL prices?
Post by: CJPhoto on March 07, 2007, 09:34: Quote from: marcopolo on March 06, 2007, 23:16
I currently have my extended licences priced at $45.00.
Why did you choose $45 rather than $50 (I assume you changed the prices once you made bronze.
I understand PhilDate has some of his set at $100 and gets sales.
Title: Re: Should I raise my EL prices?
Post by: beisea on March 07, 2007, 12:13: I changed all mine to $50 last Nov, and since then I got two ESL, so not too bad, I did not get any prior that any way, ( 5 months )
Title: Re: Should I raise my EL prices?
Post by: khwi on March 07, 2007, 15:55: i dont change anything at all while i upload,
is that the reason why i havent get any EL yet ???
Title: Re: Should I raise my EL prices?
Post by: marcopolo on March 07, 2007, 16:44: Quote
Why did you choose $45 rather than $50 (I assume you changed the prices once you made bronze.
I understand PhilDate has some of his set at $100 and gets sales.

I just decided to keep it $5 under the maximum. Perhaps it is kinda silly but it is the same idea as charging $99.99 for something instead of $100. It is interesting that Phildate get sales at $100, he is also one of the top photographers on mictostock, so I imagine he can get away with it. It has taken me a year and a half of spending all my spare time doing this and nearly 2000 files on the site to get even this far, and I don't know if it is a fluke that I have been getting more EL sales in the past month or so, but I hope it continues.
Quote
Also if I were getting 2-3 El's per month per week from one site alone, at $45 a time, I wouldn't be wasting my time here, I would be out picking some new lenses!
I got some new lenses this time last year, I think I need to upgrade my camera next before I get any more lenses :D. Really, want to be making enough at this I can quit my job by this summer, microstock is the frist step in my master plan to try to become an artist while avoiding starvation. :P
Title: Re: Should I raise my EL prices?
Post by: beisea on March 07, 2007, 17:23: Couple of hours later after I posted, I got another ESL for $50.00, not too bad for 3 1/2 month, 3 ESLs ;D
Title: Re: Should I raise my EL prices?
Post by: sharpshot on March 16, 2007, 10:39: I emailed support last week to change my EL's to 50 credits and today I have two EL sales :) Lucky I read this thread
Title: Re: Should I raise my EL prices?
Post by: Kngkyle on March 16, 2007, 10:59: I seem to be getting a lot of EL sales but since I'm not yet bronze so I am stuck at $20 ~ only $6.60 commission. Hopefully will get bronze soon, Fotolia has been selling like crazy for me recently.
Title: Re: Should I raise my EL prices?
Post by: Albert Martin on April 23, 2010, 04:06: I think that MAXIMUM price gives you maximum earnings... If someone wants that image as EL, then will pay maximum with no hesitation.
Title: Re: Should I raise my EL prices?
Post by: fotografer on April 23, 2010, 07:43: I have mine set at 200$ and get about 1 - 3 a month which is the same as when I had them set lower. I get more ELs at Fotolia than I do at any other site other than SS even set at that price.
Would I sell more if I set them a bit lower? I don't know but there is something very satisfying about seeing 74$ commission every time I get one :)
Title: Re: Should I raise my EL prices?
Post by: luissantos84 on April 23, 2010, 10:13: huge prices I see :) I set mine to 30$ when I have reached the bronze.. I guess if I got more ELs I would raise.. :P
Title: Re: Should I raise my EL prices?
Post by: madelaide on April 23, 2010, 13:33: Being silver my maximum in 100. I've set them at 75. I don't get that many ELs, but got one yesterday.
Title: Re: Should I raise my EL prices?
Post by: MatHayward on April 23, 2010, 15:22: I've got all mine set to $100. I'm racking my brain right now to remember if I have even sold one since I raised them that high. I don't think I have. My XL files are $40 though and I sell them all the time so it only made sense to make the jump on ELs.
Title: Re: Should I raise my EL prices?
Post by: lisafx on April 23, 2010, 15:38: Mine are set at $100 as well. I still get about the same number I did when they were set at $50. Never a lot of EL sales for me, but a few every month, and when I get them the payout is nice :)
Title: Re: Should I raise my EL prices?
Post by: Reaktori on May 03, 2010, 08:50: I just had my 1st EL sale today @ FT. \o/
Hadn't thought it before i had my price at 20credits :S
Question: is it still possible to raise the price for individual pictures only?
Title: Re: Should I raise my EL prices?
Post by: leaf on May 03, 2010, 08:52: Quote from: Albert Martin on April 23, 2010, 04:06
I think that MAXIMUM price gives you maximum earnings... If someone wants that image as EL, then will pay maximum with no hesitation.

ditto, I have all mine set to the max price.
Title: Re: Should I raise my EL prices?
Post by: Reaktori on May 03, 2010, 08:58: Quote from: Reaktori on May 03, 2010, 08:50
I just had my 1st EL sale today @ FT. \o/
Hadn't thought it before i had my price at 20credits :S
Question: is it still possible to raise the price for individual pictures only?
oh. never mind.
since im n00b there i can't raise the price at all ;(
Title: Re: Should I raise my EL prices?
Post by: saniphoto on May 03, 2010, 14:58: I had them at maximum, so 200 credits. Not out of greed, but because the terms of the license is very favorable for buyers and I think is fair that they pay the maximum allowed us to put (according ranking).
I can report already 5 EL at this maximum price. Must add for completeness of information, that for one full year I had... NONE! :(
Title: Re: Should I raise my EL prices?
Post by: mtkang on July 11, 2010, 02:39: I notice that i can't set the price higher and maximum for me is 40 credits. is it because i am under 100 downloads?
Title: Re: Should I raise my EL prices?
Post by: microstockphoto.co.uk on July 11, 2010, 07:27: yes, you should

I always set FT prices as high as possible, as soon as I am allowed - both EL and normal price - and never noticed a decrease in sales.

This makes me wonder why microstock prices - at all agengies - are so low: buyers need pictures and they will buy them even at twice the price.