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Author Topic: In project. New Microstock Platform  (Read 2031 times)

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« on: June 24, 2020, 17:59 »
0
New Microstock Platform

I am going to open a microstock platform.

I would appreciate your comments to the following questions;

- How many files do you think are necessary for a potential client to have an interest in simply approaching that new website?
- How much would you be willing to invest financially per year?
- How many files can you contribute exclusively per year?

Thank you very much.


Noedelhap

  • www.colincramm.com

« Reply #1 on: June 24, 2020, 18:05 »
+3
- At least 10 Million (good, premium content)
- I want to earn money, not pay for uploading or a paid membership.
- Exclusively: 0, Non-exclusive: ~500

« Reply #2 on: June 24, 2020, 18:14 »
0
Thanks for answering. You help me. Your comments help me.

« Reply #3 on: June 24, 2020, 18:34 »
0
Hosting and transferring data from dedicated servers costs a lot of money, so to be profitable it does not matter how many photos you have, but rather that your customers find the ones they need and download them.

The success of a new platform depends on satisfying your customers while having good content providers.

There are millions of good photographers, but there are few customers willing to bet on a new platform. Why pay for what they can get for free -pixabay, etc- or at a very low cost -Freepik, istock ...-? That is the question you have to solve.

You can count on my portfolio, but the exclusivity today is only for very very top photographers. If you need more help, my wife works in a startup incubator in Valencia ...

« Reply #4 on: June 24, 2020, 18:43 »
0
You need friendly upload/keyword system for contributors and nice friendly design for buyers

You will also need good legal department, because the is no easy way to find those who upload stolen content, so sue will arrive.

Also good insurrance for buyers, i dont remember exact number but i think SS pays up to 200k for sue supporting issue if the image/video you buy and use was actually stolen and then upload.

Get also ready to pay thousands and thousands in advertising

Answering your questions
-For buying just 1 image, not too much, for buying monthly/year packet maybe 50 million or more, fast growing in image number is also important
-Contributors don't want to pay, they want to sell, but if you offer a innovative approach that gives to contributors the chance to upload and also buy something like "shares", and you also offer trustability and transparency maybe some contributors will consider to put some money too
-No body will start to upload in a exclusive way, people will start as "zero risk" as possible. Your agency may show certain earning and trustabilty for some of us decide to upload exclusive. I can upload as much as 50 vector illustrations per week

May i ask if you really have the money it takes to start an agency? For serious project i think it will request at least 200.000 usd...

« Reply #5 on: June 24, 2020, 18:46 »
0
Hosting and transferring data from dedicated servers costs a lot of money, so to be profitable it does not matter how many photos you have, but rather that your customers find the ones they need and download them.

The success of a new platform depends on satisfying your customers while having good content providers.

There are millions of good photographers, but there are few customers willing to bet on a new platform. Why pay for what they can get for free -pixabay, etc- or at a very low cost -Freepik, istock ...-? That is the question you have to solve.

You can count on my portfolio, but the exclusivity today is only for very very top photographers. If you need more help, my wife works in a startup incubator in Valencia ...

I need more than help, verges on the miraculous. I keep your Nick. Nice land. surely we will meet one day.
Your comment helps me a lot. Thank you.
Money?. For the amount of photographs and video to move to have a chance, we are talking about a lot of infrastructure. I really like your strength. Thank you.

« Reply #6 on: June 24, 2020, 18:56 »
0
You need friendly upload/keyword system for contributors and nice friendly design for buyers

You will also need good legal department, because the is no easy way to find those who upload stolen content, so sue will arrive.

Also good insurrance for buyers, i dont remember exact number but i think SS pays up to 200k for sue supporting issue if the image/video you buy and use was actually stolen and then upload.

Get also ready to pay thousands and thousands in advertising

Answering your questions
-For buying just 1 image, not too much, for buying monthly/year packet maybe 50 million or more, fast growing in image number is also important
-Contributors don't want to pay, they want to sell, but if you offer a innovative approach that gives to contributors the chance to upload and also buy something like "shares", and you also offer trustability and transparency maybe some contributors will consider to put some money too
-No body will start to upload in a exclusive way, people will start as "zero risk" as possible. Your agency may show certain earning and trustabilty for some of us decide to upload exclusive. I can upload as much as 50 vector illustrations per week

May i ask if you really have the money it takes to start an agency? For serious project i think it will request at least 200.000 usd...





I am convinced that the time for the groups has arrived.


We think as an Agency. When the end of the multinationals of music came, the musicians looked for their alternatives, not without difficulties and a result not equal for all. I think we manage all the difficulties in what we know as the current trading system.

There will be many groups, only the best will have the majority of traffic among the groups that form.

The Agencies will continue, of course. But technology may help a certain evolution, today.



You help me a lot. Very thankful.





              ............May i ask if you really have the money it takes to start an agency? For serious project i think it will request at least 200.000 usd.........


You can ask what you want. At the moment I have a team of trusted people at the beginning, to accompany me on this adventure and the decision to carry it out.
There are many problems to solve, besides the economic one.
« Last Edit: June 24, 2020, 19:20 by Tenebroso »

« Reply #7 on: June 24, 2020, 19:58 »
0
I am a vector artist. I don't mind pay to upload.

Pay to upload will naturally filter out low-commercial-value assets which is a good thing.

However, the biggest problem is still getting customers. This part needs to be solved. All small agencies fail this part.

« Reply #8 on: June 24, 2020, 20:38 »
0
Yes, the clients. It's obvious. Therefore, we know that the quality is not enough, although it must be exquisite, within the Microstock business, in addition, there must be variety, volume of files.
It is clear that CLIENTS are one of the bases that we all observe. The current market, very low and free prices or, on the contrary, very expensive and select clientele.

Bias in the search results of files, levels of visualization of certain portfolios, what we know of this market to date, which has burned us.
And the classic problems that we know about the theft and spam, copies, imitations, administrative, legal, economic.
We must find our space that helps us improve for the benefit of something that is our work.


We are going to get clients. It will be exclusive content, I do not know what the volume of traffic will be, but we will get customers.

Each comment helps me a lot. Thank you very much.

« Reply #9 on: June 24, 2020, 20:56 »
0
We have it quite advanced. We know that we need a volume of files and the economic value of that space is brutal.
To achieve the volume of files, it is not short-term.
It will start in beta privately to resolve issues with some Artists.
I will continue to read opinions with pleasure.

We are going to solve most problems by announcing that it will be the group that decides whether or not someone joins the group. And also, I communicate that everyone cannot be and the number of Artists has already been decided. Although the group may modify some aspects of the rules.


I will not give more information. We will get it.


Thank you.

« Reply #10 on: June 24, 2020, 20:57 »
+1
There are numerous threads here on what should I consider when Im building the all new amazing micro agency?, if you search a bit.  Obviously, nothing ever came of them.

« Reply #11 on: June 24, 2020, 21:09 »
+2
I know. Thank you. mainly, because it is extremely complicated. A market that looks more like a brothel, where people cry about problems, and the important thing is to demonstrate the great brain and talent that we have. I do not care much about the positive votes, nor if the sacred cows of this forum give me their consent, nor if many or few have tried until today. I appreciate that in this thread, three questions are answered, which help me probe the environment.

I'm not asking your permission for anything. Three questions is my request for help.

Thank you very much.

« Reply #12 on: June 24, 2020, 22:12 »
+2
Don't get demotivated by the people here. Too many ideas were shut down just because of a few honest, truth, and negative mindset. So my advise to you is to stay strong and brace through.

From my experience and research, I find that quality content or exclusive are not the main drive of sales. Traffic is the main drive. Even if your stuffs are lousy, you are still able to sell it like hot cake if you get enough traffics.

On another side note, I truly believe we need to lower our price to even lower than what the agencies are already selling. Only then we can have an advantage and good explanation to buyers of why they should buy here. But the commission rate must be 100% to contributors. If that can be done, then that's something.

« Reply #13 on: June 24, 2020, 22:37 »
0
You know how to move. It will not be 100% for the Artist. But the margin that the artist will not receive will not be for me. I understand every word of what you say, and I agree with you. Don't worry, in the least, we will get it. You will be in private creating the norms, and rules that must be decided among the group of Artists, if you want. We will talk in due course.

Yes, I can tell you that 10% can be transferred to the investment partners if the founding partners opt for the option of accepting third-party capital. But this is not the initial option of the founding partners. And it will not be possible to modify the rules if the group of artists does not approve it, nor to sell the platform once the files are available, nor change the rules in the future, with 6 days or six years' notice.

« Reply #14 on: June 25, 2020, 00:33 »
0
.............
On another side note, I truly believe we need to lower our price to even lower than what the agencies are already selling. Only then we can have an advantage and good explanation to buyers of why they should buy here. But the commission rate must be 100% to contributors. If that can be done, then that's something. .......


The price, the solution is not going to be cheaper the product. For that, the Agencies are already on the market. Exclusivity will be necessary. With certain news. We will not compete with the Agencies. We are a Group, one of many that will emerge. This market is necessary. What is not necessary is that we are not able to unite to get to sell our products.

Because we think about the current market system. We think, according to the market, we know the current market rules. I neither want nor can create a New Microstock Agency. Neither the agencies I respect are my rivals, nor is the Platform going to be a Rival of the Agencies that respect us.

Each Artist will be in the Agencies they want and I am totally convinced that the Artists will be in several of the groups that are formed in the future. That they will not be few.


New Microstock Platform

I am going to open a microstock platform.

I would appreciate your comments to the following questions;

- How many files do you think are necessary for a potential client to have an interest in simply approaching that new website?
- How much would you be willing to invest financially per year?
- How many files can you contribute exclusively per year?

Thank you very much.



« Reply #15 on: June 25, 2020, 01:15 »
0
GL Stock had 3 million image and you could have bought it for 15k. It's a tough business.

« Reply #16 on: June 25, 2020, 01:30 »
+1
It is relatively easy to build a platform (technically).
What most people who want to build a Microsoft site forget is that it is difficult to market it and that it requires a lot of financial resources...


« Reply #17 on: June 25, 2020, 03:05 »
+1
Stocksy concept but for Microstock images would be good start!

Fair cut so 50/50. I dont need 100% or even 60%. We are not being realistic here if we go from 0,38 (now 0,10) and 30% to 100% of $1.

Proper review system so you dont have to worry about stolen portfolios, at least on your own agency. They might buy here and sell elsewhere but this might be easier to handle for takedown.
Start with a small group of contributors that you know you can trust, again similar to Stocksy. There are plenty here but I would personally only take those that have deactivated their portfolios at SS because then you know these people take this business and themselves seriously.

So I repeat start with contributors that have established themselves in Microstock and you know you can trust 100%. That will make it a lot easier on reviews too. Many of us can manage our own portfolios so review them once and then let them upload without reviews or check only occasionally like Alamy does.

I am up for exclusivity, Again think Stocksy concept but microstock price! Not to compete with Stocksy mind you since they have their own unique style. We could even cooperate with Stocksy in the future, fair macro/micro agency. Maybe you can contact Stocksys CEO for some advice on creating a new agency. Maybe Sean knows if he would be up for that.

I dont think the library has to be very big if the quality is high so you can start small. SS seems to be culling portfolios so be one step ahead and avoid it by taking in only quality.

Think of a very catchy name that would be easily related to finding stock images in search engines. We are all creatives here so Im sure we can come up with something even better then what the top agencies use. Im guessing the word stock has to be in there though.

But thats probably the easy part. I dont know much about the financial and marketing part. I do know that if we truly want to support something we can make it successful.
Others such as glstock have failed in the past because we didn't support them as we should, only halfway. How can you expect another agency to thrive if you upload the same work much cheaper elsewhere? That is why I think exclusivity is key here, at least in the beginning.
I would keep it nice and tight in the beginning.

Or we can continue to laugh every new idea that comes up away, continue uploading everywhere and complain about it until we finally completely killed the industry and have nothing to bargain with anymore.

Excuse my english people since it is not my native language but I do try my best.
This would be my other requirement, well spoken native english speakers to represent us  ;D

« Reply #18 on: June 25, 2020, 03:13 »
+1
I am ashamed to say I didnt read all your posts in this thread Tenebroso but I am happy to see we seem to be on the same page!

So keep going and best of luck!

« Reply #19 on: June 25, 2020, 03:25 »
+1
Well, for my part, the topic is closed. The answer to my questions, of course, is DEPENDING. It depends on many factors and circumstances. I appreciate the collaboration of those who have participated in the thread.

Gracias.

Thank you very much.


I'm going to open a Platform.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #20 on: June 25, 2020, 07:51 »
+1
GL Stock had 3 million image and you could have bought it for 15k. It's a tough business.

Did someone finally buy it? That guy, the latest owner spent a load of money, having the operating software re-written, I think he said $100,000 if I remember right.

Well, for my part, the topic is closed. The answer to my questions, of course, is DEPENDING. It depends on many factors and circumstances. I appreciate the collaboration of those who have participated in the thread.

Gracias.

Thank you very much.


I'm going to open a Platform.

OK but here's another answer and I'm not joking. Buy an existing faltering agency. You have the name, the software, the foundations, identity, and a big step forward, instead of having to develop everything from nothing.

In the current market, I don't think you'll have any problem getting files. Maybe the second biggest complication, after the site itself, is reviews, legal, and how you will create an attractive choice for buyers, not just "we have more files".

Good luck I wish you and your platform success.

Not sure I understand the how much would I invest? You mean, making a co-op, artist owned? Interesting concept.

Exclusive images? What kind, subjects, Editorial or "art", scenic, or illustrations? Is this an indication your site would only have exclusive images, to attract buyers on that feature?

« Last Edit: June 25, 2020, 07:56 by Uncle Pete »

« Reply #21 on: June 25, 2020, 14:34 »
+1
GL Stock had 3 million image and you could have bought it for 15k. It's a tough business.

Did someone finally buy it? That guy, the latest owner spent a load of money, having the operating software re-written, I think he said $100,000 if I remember right.

Well, for my part, the topic is closed. The answer to my questions, of course, is DEPENDING. It depends on many factors and circumstances. I appreciate the collaboration of those who have participated in the thread.

Gracias.

Thank you very much.


I'm going to open a Platform.

OK but here's another answer and I'm not joking. Buy an existing faltering agency. You have the name, the software, the foundations, identity, and a big step forward, instead of having to develop everything from nothing.

In the current market, I don't think you'll have any problem getting files. Maybe the second biggest complication, after the site itself, is reviews, legal, and how you will create an attractive choice for buyers, not just "we have more files".

Good luck I wish you and your platform success.

Not sure I understand the how much would I invest? You mean, making a co-op, artist owned? Interesting concept.

Exclusive images? What kind, subjects, Editorial or "art", scenic, or illustrations? Is this an indication your site would only have exclusive images, to attract buyers on that feature?



I am not interested in creating any agency. There are already consolidated Agencies in a very competitive market with millions of files and established in the industry for years and seen the environment and the current panorama, it seems that some Agency has been nervous for a long time. I have been late to this business and at the right time to find a possible alternative to complement those who want to join me, I will be proud to fight by your side if you decide to enter.

The initial project came up with the idea of writing a book about the adventure of experiencing for myself if I can live earning money online, among the various possibilities that exist. The paradox is that the book is part of those possibilities that the internet offers to earn a living. Another thing is, that someone is interested in buying the book.  I haven't started writing it.

An agency that does not work is double credibility work towards the client in a saturated market. I don't think there is room for more agencies, rather everything is heading towards a certain monopoly in the matter of Agencies. If you turn me, not a single coin falls. However, it is a possibility for those who want to make an agency, get an existing portfolio. But it is not my illusion, not even if I had the money.

Thank you for wishing me luck, since in the past you and I have had strong differences of opinion, in matters unrelated to this archives business, but it does not prevent us from having a peaceful conversation. Thank you.

Out of respect for the Artists collective, I can answer some of your questions to some extent, but I'm not comfortable right now in this post for many reasons. Mainly because this is the internet, and if it's on the internet, you should question everything, as a rule. This phrase is not mine, it is from a well-known hacker.

We believe we have the solution to all the problems described in this thread, and in previous threads on this forum. Most of us already know what the problems are. And we also know that we face unforeseen problems and that interpersonal relationships are very complicated.

It will be each Artist who sells their products. A certain number of Artists may not be exceeded for each sector; vector, video, photography and illustration. The initial group of artists will determine all the norms that will govern the group, following established norms and general rules.

It will be decided to approve or reject the application of the candidates to enter among the Artists who are already in the group. There is no type of review, we are only among professionals with established portfolios in the market and with a minimum of seniority. Thieves will not enter. Together we will watch over the common good and work for the benefit of the group.

Each Artist is responsible for what they sell. Together we will watch and watch to avoid funnels towards sunflowers and tomatoes, we are a group that knows the market and work, as well as working the special campaigns outside the portfolios. We will decide between all what is Special Campaign.
Serious offenses will be grounds for expulsion. There will be no editorial or images with a recognizable product. Whoever leaves does not enter again. Whoever wants to form another group, form it, there is no problem and it is not a reason for expulsion.

Each Artist is responsible for their work and we are all adults. If a model does not sign the authorization, the problem may be with the Artist. A maximum number of files per Artist. Each Artist can decide to upload the number of files they want, whenever they want up to the stipulated maximum.

You can take any file to the Agency you want after removing it from the Platform when you deem it appropriate. In addition, it is recommended to have fresh material.
I must not sell the bear's skin before going hunting. Out of respect for everyone, I have commented on some brush strokes. It wasn't in my plan to talk about any of this now. What has been discussed in this thread confirms that we can achieve it. Much work is still needed. But we are going to get it.

We can try to work with the first small group of artists to outline the details together, in a short period of time.
But this department is within a larger project.
Free, nothing is valued and no one wants to pay. There will be an affordable fee and facilities because one or two people can be fooled, but not the collective during the course of time.

I do not make a platform to fool anyone. I am not in the habit of cheating and there are already too many difficulties to build it well, to complicate life voluntarily.
We are talking about many Terabytes of space. In addition to a lot of management, coordination, collections and......... problems to solve. This group is a very special guild, I consider it a philosophy by way of life.

« Reply #22 on: June 25, 2020, 15:49 »
+4



....Exclusivity will be necessary. With certain news.

why would anyone go exclusive, abandoning all other agencies for a new group with no track record?

« Reply #23 on: June 25, 2020, 17:21 »
+1
Sorry.

The term exclusivity refers to the exclusive product. Copyrighted digital files that do not exist anywhere else for sale and where clients will pay for the appropriate permissions if any client wishes.

Some users have already commented on the thread's questions. I have opened this thread, because I had already asked my questions in advance in other threads and nobody ever answered me, understanding that they were very ambiguous questions. For this reason I opened a new thread. Now the issue is resolved, it has helped me a lot.

Thanks, issue resolved.

whtvr2

« Reply #24 on: June 26, 2020, 13:57 »
0
Please! not another book seller :P

Tenebroso, here is an idea, do consulting. Especially with corona, video conferencing is now popular. A book will tomorrow be outdated and always there waiting for revisions, corrections. Proving the author wrong or not rewlly an expert. Scripta manent. This is so fluid ground , microstock i mean. What can you say or write that will fit major agencies? Which of thm will tomorrow still be major? As for the platform, sorry to say but most people want to earn before giving. I understand the concept to have 50-100 files exclusively after strict examination or specific subject requested from your side and that i will have to pay for platform costs and emploees. This is how business relationships work. But it will need some extra good proof that the platform does actions to push content to production houses or clients of a medium to high budget that i cannot reach as a small time producer. In any case: Good luck! :)


 

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