MicrostockGroup
Agency Based Discussion => Adobe Stock => Topic started by: seawhisper on December 30, 2010, 13:28
-
I'm a bit confused. I'm trying to figure out how much do I got from fotolia and found in one place that 1 credit is worth £0.75 (http://en.fotolia.com/Info/Contributors#item_8 (http://en.fotolia.com/Info/Contributors#item_8)) and in faq that "from" £0.63 (http://en.fotolia.com/Info/Credits (http://en.fotolia.com/Info/Credits)).
So how much is 1 credit worth for a photographer?
-
For contributors' royalty payments, 1 credit at Fotolia equals $1. For buyers the price varies depending on the currency and package size.
Here's a blog post that explains it in detail:
http://blog.microstockgroup.com/fotolia-credits-and-commissions-whats-all-the-fuss-about/ (http://blog.microstockgroup.com/fotolia-credits-and-commissions-whats-all-the-fuss-about/)
-
Thanks for linking that Lisa. I was just going to go and dig that up myself but you beat me to it :)
-
For contributors' royalty payments, 1 credit at Fotolia equals $1. For buyers the price varies depending on the currency and package size.
Here's a blog post that explains it in detail:
[url]http://blog.microstockgroup.com/fotolia-credits-and-commissions-whats-all-the-fuss-about/[/url] ([url]http://blog.microstockgroup.com/fotolia-credits-and-commissions-whats-all-the-fuss-about/[/url])
Yes, but only for contributors on US Fotolia...
For EU FT contributors 1credit=1€
-
For contributors' royalty payments, 1 credit at Fotolia equals $1. For buyers the price varies depending on the currency and package size.
Here's a blog post that explains it in detail:
[url]http://blog.microstockgroup.com/fotolia-credits-and-commissions-whats-all-the-fuss-about/[/url] ([url]http://blog.microstockgroup.com/fotolia-credits-and-commissions-whats-all-the-fuss-about/[/url])
Yes, but only for contributors on US Fotolia...
For EU FT contributors 1credit=1€
Yeah, that post covers the euro paid photographers as well.
The US$ White ranked photographers are getting paid 16-33% commissions depending on the package size purchased by the byer
The Euro white ranked photographers are getting paid 22-46% commissions.
It is definitely better to be paid in Euro.
-
I still think it's a great injustice ... >:( :'(
-
I'm glad to be in Europe. :D Still it's kind of weird. I wonder how do they pay in Istambul. :D
Thanks so much, and thanks for the link! :)
-
I'm in Africa. Any way to change my dollar payments to euro?
-
I'm in Africa. Any way to change my dollar payments to euro?
They apparently won't let you. It costs them about 34% more to have euro submitters, so there isn't much motivation for them to switch you to being a Euro paid photographer. I am in Europe as well but get paid in USD, so when I get paid $1,000 my neighbor who is getting paid in euro's would get $1338
Here is an old thread discussing the issue.
http://www.microstockgroup.com/fotolia-com/eu-fotolia/ (http://www.microstockgroup.com/fotolia-com/eu-fotolia/)
-
They apparently won't let you. It costs them about 34% more to have euro submitters, so there isn't much motivation for them to switch you to being a Euro paid photographer. I am in Europe as well but get paid in USD, so when I get paid $1,000 my neighbor who is getting paid in euro's would get $1338
Hm how can you do that? And why in the first place? :o
-
Yeah, I made the mistake of signing up with a dollar account even though I'm in Europe before I knew about this.
It really is disgusting that you can't switch to the territory that you are actually in.
-
Just been browsing the various country sites of FT and for buyers it seems like the FT credits have been re-adjusted to $1 values in the various currencies. A credit for a UK buyer is 63 pence and for a Eurozone buyer it is €0.75.
In light of this discovery, I don't see how FT can be paying a percentage (depending on rank/exclusivity etc) of €1.00 credit to the contributor....likewise how can they pay UK contributors the old 75 pence per credit earned if they are selling credits at 63 pence...........I have a sneaky suspicion that we will be informed of these pricing changes after the fact, at sometime in the future. :o