pancakes

MicrostockGroup Sponsors


Author Topic: What do I sell the Lifetime Rights (SE-EL) for? (Dreamstime)  (Read 3137 times)

0 Members and 1 Guest are viewing this topic.

SA

« on: February 25, 2021, 04:15 »
0
I got a notification on Dreamstime that a buyer wants to buy the Rights for my Photo.

"This notification was sent by a potential buyer, who would like to purchase one of your files with exclusive rights license (SR-EL). If you are able to sell exclusive rights license for the image, please use the "ENABLE LICENSE" button to enable the exclusive rights license and set the price. The buyer will be automatically notified. Only the lifetime Sell the Rights license can be enabled. Keep in mind that this request is for SR-EL. Please check the table to see prices for SR-EL."

What is a normal price to set? I haven't done this before but I would like to go ahead with it. I have not made that many sales on this one and removing it from all marketplaces wont be an issue.

When ticking to sell rights box there is a another box right under it that says:
"Use recommended price ($250 - $5000)" is this for SR-EL and what is a good price in this case? When I choose "set your own price it says $700 is the recommended price.

But must i remove the photo from marketplaces before I set the price? Or can i go ahead and do that after they buyer actually buys it. I mean, i dont want to remove it if the buyer wont go with it or doesn't like the price..
 
I see no option chatting with the buyer directly, it seems i just add a price and then he or she will get notified.

Need some input here...


« Reply #1 on: February 25, 2021, 05:23 »
0
I had several of these, but as I never really wanted to sell, I always put the highest price (5000). You only need to remove the image from other sites if the buyer buys the rights.
Other than that, you should put a price that suits you, if it's not an image that sells, you can put less, but I would not go under 500 (you only get part of that anyways).

« Reply #2 on: February 25, 2021, 06:21 »
0
I will just ignore it.. Its an automated email.

I get these several times in a month. I tried and enabled the exclusive rights option and waited for many months.
No potential buyer came. I then switched it off and again started getting those automated emails.

« Reply #3 on: February 25, 2021, 06:30 »
0
The automated ones are the ones that say things like "this looks suitable for logo usage"

The ones that say a buyer wants the rights aren't automated.

I have never agreed because you could find yourself with problems when a buyer realises that other people have already licensed the file. Also most buyers will likely disappear when you quote a realistic price.

You will only have to remove the file from DT (and all other sites) when the sale is agreed to. You can set a price for file in your portfolio while it is still for sale.

H2O

« Reply #4 on: February 25, 2021, 08:11 »
+1
Over the years I have had hundreds of these Lifetime Rights requests, at first I priced it fairly, no sale, then I dropped the price lower, which I still thought would be more than reasonable, no sale, I have also tried the suggested price on many occasions, no sale.

Then I put in a really high price for a while, no sale.

These days I always put in the maximum, no sale of course, I think the people asking for the rights only won't to pay a very low price like $10.

Of course if you have the image on multiple sites and it sells you have all the trouble of going through them all and deleting it, this could take quit a while if you also have to request this with sites like istock.

SA

« Reply #5 on: February 25, 2021, 11:02 »
+2
Thanks for your responses! I have enabled and put a price of 865 dollars, lets see what happens...  I keep my expectations low on this one... :)

« Reply #6 on: February 25, 2021, 14:20 »
+1
keep in mind that the percent that you get is based on the image level (the lower it is, the less you get).

« Reply #7 on: February 25, 2021, 19:42 »
+1
Last year On Shutterstock premium I received $1,000 for one sale and it was not lifetime.  SS sold it for more so that gives you a real idea.


 

Related Topics

  Subject / Started by Replies Last post
1 Replies
2664 Views
Last post January 26, 2008, 15:08
by madelaide
13 Replies
5327 Views
Last post September 30, 2008, 05:38
by fotografer
18 Replies
38483 Views
Last post July 07, 2011, 11:56
by cathyslife
0 Replies
1758 Views
Last post June 22, 2016, 05:51
by sauser
5 Replies
1577 Views
Last post June 06, 2018, 13:22
by Sean Locke Photography

Sponsors

Mega Bundle of 5,900+ Professional Lightroom Presets

Microstock Poll Results

Sponsors

3100 Posing Cards Bundle