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Author Topic: 'Buy the rights' question  (Read 4126 times)

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« on: February 27, 2010, 22:00 »
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I've been notified by DT, that someone is interested in buying the rights to one of my illustrations. They recommend an asking price of $2000. I'm torn because the image happens to be among my top 10 illustrations in terms of downloads. This image was downloaded 283 times on Fotolia, 75 times on Dreamstime. I don't want to do something I'll regret. It's very possible they won't want to pay $2000 anyway, but just in case I'm hesitant. Thoughts anyone?


deyu16

« Reply #1 on: February 27, 2010, 22:03 »
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sell the copyright for 1000$! The microstock business isn't going to be this good in the future plus the image's potential will  slowly decrease due to new content uploaded....So I say that it's a good deal for $1000.

« Reply #2 on: February 27, 2010, 22:08 »
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Before you decide make sure we still get 50% of SR, it would really suck if it has gone down to 30%.  It's not worth it for $600 as it sounds like it will continue to sell for you.

« Reply #3 on: February 28, 2010, 20:48 »
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Before you decide make sure we still get 50% of SR, it would really suck if it has gone down to 30%.  It's not worth it for $600 as it sounds like it will continue to sell for you.

You're right, I didn't even stop to think of DT's commission. I've sold the rights to images in the past, but it was always the buyer contacting me directly, so I didn't have to give an agency a cut. I think that with an at least 50% cut to DT, plus considering the fact it's one of my best sellers, I've decided not to sell the rights. Thanks for your replies.

« Reply #4 on: March 01, 2010, 05:14 »
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Don't sell it for $1000 as deyu said. Sell it for a price you'll feel comfortable with.

I set my SR-EL prices very high, because I figure out how much I want for myself and then add 50% for the agency. If they don't want to buy it at those prices, I get to keep it for sale and that's just as good in my opinion.

I once sold an image at the price of $350 (I got $175), which delighted me back then. If it happened today I would be seriously frustrated. DT's recommended prices for new images are WAY too low imho (why should new images be cheaper with this license?)
« Last Edit: March 01, 2010, 05:18 by ThomasAmby »

« Reply #5 on: March 01, 2010, 06:25 »
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I'd do this. Count the total $ the image has earned in the past year(if it wasn't up for a year average it out) than multiply by 7 and you have your price.Why 7? Because I think 7-8 years is more than the average lifetime of an image( also I like the number). If the buyer doesn't want to pay, you haven't lost anything.

« Reply #6 on: March 01, 2010, 10:12 »
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I thought about doing that, but then I considered the fact that in addition to being one of my top sellers, it's also one of my best (in some cases the most popular images aren't anything above average quality-wise) and I think it reflects well on my whole portfolio. In other words, even if buyers see an image that isn't what they're looking for, if they are really impressed with that image, they might want take a look at the rest of your portfolio, just to see what else you've got. So your whole portfolio is stronger by association. With the huge flood of images the buyers have to look through, getting noticed is really important. Does that make sense?

I'd do this. Count the total $ the image has earned in the past year(if it wasn't up for a year average it out) than multiply by 7 and you have your price.Why 7? Because I think 7-8 years is more than the average lifetime of an image( also I like the number). If the buyer doesn't want to pay, you haven't lost anything.


 

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