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Author Topic: The end is nigh. What will you do?  (Read 16133 times)

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« Reply #50 on: November 23, 2012, 08:35 »
0
I'll give it a shot, what's the worst that could happen? I like photography so it won't be wasted time.
The worst that could happen is that you'll spend so much time looking for things that will sell rather than what interests you that you'll be in danger of losing your own vision, creativity and enthusiasm.
(Unless you happen to actually enjoy the commercial stuff.)

The moment I stop learning stuff or enjoying it, I'll knock stock-shooting on the head


Dan

« Reply #51 on: November 23, 2012, 08:49 »
0
     I've  recently  had  some  pics  accepted  as  editorial.  I  e-mailed  our  local  paper  (put  out  3  days  a  week).  Maybe  can  do  some  freelancing.  If  that  falls  through  i'll  just  roll  with  the  flow.

« Reply #52 on: November 23, 2012, 08:50 »
0
As mentioned, the Tamron 28-75 is great for the price.


« Reply #54 on: November 23, 2012, 17:48 »
+1
The only thing you can say for certain about the future-"IT WILL CHANGE". So all you can do- Is try to catch the wave.

Smiling Jack

« Reply #55 on: November 23, 2012, 18:18 »
+2
Quote
The market is so completely oversaturated that the supply outstripps the demand by a million percent.

You know, I hear that all of the time, but whenever I'm looking for a photo for a client, it seems like I can never find what I want!

« Reply #56 on: November 23, 2012, 18:29 »
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One thing that everyone might agree on is that the microstocks - the big ones at least - have made it ever more of a PITA for buyers.  The marketing brains at these agencies think that all these constantly changing pricing plans, credis, tiers, subscriptions, 'price sliders', special collections, search options yada yada yada are giving buyers "choice".  What they are really doing is ratcheting up the hassle factor.  Sort of like what's happened in health care.

The long term result is that people who now buy stock photos will be looking for completely different material to use in their projects.    Who knows what it will be.  These things are driven by social trends which are completely unpredictable.

« Reply #57 on: November 23, 2012, 18:53 »
+3
One thing that everyone might agree on is that the microstocks - the big ones at least - have made it ever more of a PITA for buyers.  The marketing brains at these agencies think that all these constantly changing pricing plans, credis, tiers, subscriptions, 'price sliders', special collections, search options yada yada yada are giving buyers "choice". 

Except Shutterstock __ and that is precisely why they are doing fantastic business and every other agency is suffering in accordance to their 'greed quotient'.

'Microstock' is simply returning to it's roots. It won't please everyone but that's business and, with SS spending $30M+ per annum on marketing themselves, there's probably not much you can do to change it. Personally I'm very comfortable with the microstock model that SS has developed and mastered.

« Reply #58 on: November 24, 2012, 02:03 »
0
Quote
The market is so completely oversaturated that the supply outstripps the demand by a million percent.

You know, I hear that all of the time, but whenever I'm looking for a photo for a client, it seems like I can never find what I want!

Ha, ha! and thats exactly why!  too much choice and 80% garbage. Thats the human eye syndrome, it will register the whole intake but finds it difficult to actually select one.
An AD at the Getty-RM once said to me. Put 50 almost similar pics in front of a buyer and he will find them all good or all rubbish, put 2 pics in front of a buyer and he will be looking for the other 48. Thats micro buyers for you. They dont come here looking for pics following a brief or layout, etc. They come here because its cheap.


« Reply #59 on: November 24, 2012, 02:08 »
0
One thing that everyone might agree on is that the microstocks - the big ones at least - have made it ever more of a PITA for buyers.  The marketing brains at these agencies think that all these constantly changing pricing plans, credis, tiers, subscriptions, 'price sliders', special collections, search options yada yada yada are giving buyers "choice". 

Except Shutterstock __ and that is precisely why they are doing fantastic business and every other agency is suffering in accordance to their 'greed quotient'.

'Microstock' is simply returning to it's roots. It won't please everyone but that's business and, with SS spending $30M+ per annum on marketing themselves, there's probably not much you can do to change it. Personally I'm very comfortable with the microstock model that SS has developed and mastered.

Yeah, yeah, just wait and see. Sorry to rain on your SS parade as the masterplan of all plans. Takes a bit more the some years in micro to be able to judge any comparisons. Would have thought you would have known that by now.

Poncke

« Reply #60 on: November 24, 2012, 02:49 »
0
One thing that everyone might agree on is that the microstocks - the big ones at least - have made it ever more of a PITA for buyers.  The marketing brains at these agencies think that all these constantly changing pricing plans, credis, tiers, subscriptions, 'price sliders', special collections, search options yada yada yada are giving buyers "choice". 

Except Shutterstock __ and that is precisely why they are doing fantastic business and every other agency is suffering in accordance to their 'greed quotient'.

'Microstock' is simply returning to it's roots. It won't please everyone but that's business and, with SS spending $30M+ per annum on marketing themselves, there's probably not much you can do to change it. Personally I'm very comfortable with the microstock model that SS has developed and mastered.
I am very new to stock, but that sounds about right to me

« Reply #61 on: November 24, 2012, 10:02 »
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I've seen posts here on the forums where some contributors apparently have the gift of seeing the future and outlined that this race to the bottom will supposedly go down to paying us %1  ::)

Two years of falling income despite fairly steady uploading has shown me that I am unlikely to maintain my current income levels.  However I do agree that, barring any unforeseen disasters, the decline will be gradual.   

My plans, if that is the case, are to get my daughter through her last two years of college and out supporting herself, and then I won't need to make nearly as much.  I can semi retire and go back to shooting what I like when I feel like it, and doing stock on a much more PT basis. 

I'll probably leave the primary wage earning to my hubby, who loves his teaching gig and is planning to do it up to age 65 or 70.

OTOH, if the world economy recovers, we may see a big boost in sales.  And there is always a chance the sites will begin to feel the effects of the demotivation their royalty cuts have caused and decide to begin raising rates again.  If the money improves again, I can see myself getting motivated to plan, finance, and execute more shoots again.

Not so sure about the gradual decline thing.   I might even call it a disaster.   Did you notice the top selling Xmas exclusive went from selling 60,000 images in one xmas a few years back to less than 1000 this xmas.  At least judging by her new stuff flopping.   But don't feel too bad she probably made $1.5 million give or take 500k since 2006 so exclusitivity was a no brainer. 
 
It appears some popular xmas themes went from selling more than a 1000 dls in a season to less than 20 this year.   Ouch!  If istock can't sell xmas, which they said last 4 months were almost half of their sales, then they are toast.  The exodus will be swift and the price wars will be brutal. 

« Reply #62 on: November 24, 2012, 10:27 »
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Not so sure about the gradual decline thing.   I might even call it a disaster.   Did you notice the top selling Xmas exclusive went from selling 60,000 images in one xmas a few years back to less than 1000 this xmas.  At least judging by her new stuff flopping.   But don't feel too bad she probably made $1.5 million give or take 500k since 2006 so exclusitivity was a no brainer. 
 
It appears some popular xmas themes went from selling more than a 1000 dls in a season to less than 20 this year.   Ouch!  If istock can't sell xmas, which they said last 4 months were almost half of their sales, then they are toast.  The exodus will be swift and the price wars will be brutal.

IS has managed to put itself down in a very long and painful way. Maybe they did it so we can all watch it happen in slow motion and prepare. Yes, maybe IS wanted us to prepare to avoid sudden unemployment for us. Maybe IS wanted to do us a favor and maybe they even saved our lives.

 :o

Microstock won't stop existing over night. IT will be a 2 year long process (if even that short) that will tear down big players which I don't see happening anyway.

That we will make less in terms of commission % - yes. Sales volume may even go down as well.

But that shouldn't keep us from selling our stuff elsewhere...

velocicarpo

« Reply #63 on: November 24, 2012, 10:39 »
+1
I've seen posts here on the forums where some contributors apparently have the gift of seeing the future and outlined that this race to the bottom will supposedly go down to paying us %1  ::)

Two years of falling income despite fairly steady uploading has shown me that I am unlikely to maintain my current income levels.  However I do agree that, barring any unforeseen disasters, the decline will be gradual.   

My plans, if that is the case, are to get my daughter through her last two years of college and out supporting herself, and then I won't need to make nearly as much.  I can semi retire and go back to shooting what I like when I feel like it, and doing stock on a much more PT basis. 

I'll probably leave the primary wage earning to my hubby, who loves his teaching gig and is planning to do it up to age 65 or 70.

OTOH, if the world economy recovers, we may see a big boost in sales.  And there is always a chance the sites will begin to feel the effects of the demotivation their royalty cuts have caused and decide to begin raising rates again.  If the money improves again, I can see myself getting motivated to plan, finance, and execute more shoots again.

Not so sure about the gradual decline thing.   I might even call it a disaster.   Did you notice the top selling Xmas exclusive went from selling 60,000 images in one xmas a few years back to less than 1000 this xmas.  At least judging by her new stuff flopping.   But don't feel too bad she probably made $1.5 million give or take 500k since 2006 so exclusitivity was a no brainer. 
 
It appears some popular xmas themes went from selling more than a 1000 dls in a season to less than 20 this year.   Ouch!  If istock can't sell xmas, which they said last 4 months were almost half of their sales, then they are toast.  The exodus will be swift and the price wars will be brutal.

istock is not representative for the whole MS industry. They are destroying themselves all alone without any help from further market circumstances ;-)

« Reply #64 on: November 24, 2012, 11:15 »
0
Just another apocalyptic topic... ::)
Will marketing die?
I don't think so...

« Reply #65 on: November 24, 2012, 11:19 »
+2
Just another apocalyptic topic... ::) ...

Well that's why I started it.

I want everyone to get their doomsday predictions out of their system so we can make this forum more constructive again with more positive threads!

velocicarpo

« Reply #66 on: November 24, 2012, 14:36 »
+1
In the end I think Doomsday for MS had been cancelled for now :D Business is just getting mature and as many pointed out here: it just will not happen that overnight nobody needs to buy images anymore. There will always be demand, therefore there will be always channels for us to sell content. Matter is just how, when and for how much.

Would`t it be fun if another big player came into the came to stirr the market a bit up again? 123rf (inmagine) and veer (corbis) had been a big dissapointment (mostly management and strategy failures)...


lisafx

« Reply #67 on: November 24, 2012, 20:09 »
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Liz, for some reason your post looks like a quote from me, even though my text appears to have been removed from it :)

PS - there are a lot of books out there touting the "get rich quick" microstock industry.  They were A) written before competition was so stiff, and B) written by people trying to sell books, and grand promises do that better than painting a realistic picture.

Your prospects depend a lot on you having access to American-looking models who don't mind having their image used to promote 'any product or service', and being able to photograph them to microstock standards, which are very high. Some people do well with non-people shots; but more and more, properly released imagery is what will sell, as most other things can be acquired CC, especially if pixel perfection isn't needed (which it seldom is).

Much as I hate to say it, it's not just 'what you do with it', but also your actual equipment which counts, when you get down to pixel-perfect pernickitiness.

ShadySue

  • There is a crack in everything
« Reply #68 on: November 24, 2012, 20:11 »
0
Liz, for some reason your post looks like a quote from me, even though my text appears to have been removed from it :)
Sorry Lisa, bad conflation on my part. Your quote is there, but attributed to Stingey.
« Last Edit: November 24, 2012, 20:17 by ShadySue »

lisafx

« Reply #69 on: November 24, 2012, 20:21 »
0

I want everyone to get their doomsday predictions out of their system so we can make this forum more constructive again with more positive threads!

A noble intention, to be sure.  However, I think that the negativity in these forums is likely to continue as long as the agencies keep lowering conditions for contributors. 

You know the old expression "Don't (pee) on me and tell me it's raining".

ShadySue

  • There is a crack in everything
« Reply #70 on: November 25, 2012, 09:46 »
+3

I want everyone to get their doomsday predictions out of their system so we can make this forum more constructive again with more positive threads!

A noble intention, to be sure.  However, I think that the negativity in these forums is likely to continue as long as the agencies keep lowering conditions for contributors. 

You know the old expression "Don't (pee) on me and tell me it's raining".
Haven't heard that expression; but with the agencies it's more like they pee on us and try to convince us the sun's shining.

rubyroo

« Reply #71 on: November 25, 2012, 10:06 »
0
Haven't heard that expression; but with the agencies it's more like they pee on us and try to convince us the sun's shining.

Oh yes!  Bingo!  Spot on.

« Reply #72 on: November 25, 2012, 12:01 »
+1

I want everyone to get their doomsday predictions out of their system so we can make this forum more constructive again with more positive threads!

A noble intention, to be sure.  However, I think that the negativity in these forums is likely to continue as long as the agencies keep lowering conditions for contributors. 

You know the old expression "Don't (pee) on me and tell me it's raining".
Haven't heard that expression; but with the agencies it's more like they pee on us and try to convince us the sun's shining.

Where they stand, the sun is shining and when they're peeing on us they're oblivious to the fact that they're casting a shadow.  :o

 

« Reply #73 on: November 26, 2012, 03:39 »
0
The microstock industry will end on Dec 21 along with the rest of the world on the Mayan Doomsday. ;)

« Reply #74 on: November 26, 2012, 04:55 »
+1
Guys,

You really have too much time.
Do not be so pessimistic.

At this time I shoot and upload, shoot and upload,...

And as I always say,

enjoy.

Regards.


 

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