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Author Topic: Went exclusive on P5 not sure if it was a smart idea...  (Read 1566 times)

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« on: June 01, 2019, 16:31 »
0
Went exclusive on P5 not sure if it was a smart idea...  Starting to question every decision I have made lol.   
How long should you give it?  Sucks because I deleted all my videos on 3 other sites.


« Reply #1 on: June 01, 2019, 17:01 »
0
Why is it a bad idea?

No sales?

« Reply #2 on: June 01, 2019, 17:08 »
0
yea so far

fritz

  • I love Tom and Jerry music

« Reply #3 on: June 01, 2019, 17:10 »
+7
If you ask me, YES it's a bad idea!
« Last Edit: June 02, 2019, 09:16 by fritz »

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #4 on: June 01, 2019, 23:38 »
+5
Did Pond5 sales account for 80% or more of your total stock sales? If not, then it was probably a bad idea to go exclusive!

« Reply #5 on: June 02, 2019, 09:08 »
+3
As I wasn't sure if it was a good idea I kept my old account.
I uploaded few dozens of clips to tne new exclusive account to give them a try. So far, after one month no sales.
I have much more videos in non-exclusive account and haven't noticed changes in sale pattern.
Strange thing, excusive review time is much longer. Usually 2-3 days vs. few hours for non ex files.
Haven't seen any better placement in search.
Time will tell if there is any advantage to have excusive files. I will manage both accounts at least 6 months and see what happens.

fritz

  • I love Tom and Jerry music

« Reply #6 on: June 02, 2019, 09:15 »
0
.

« Reply #7 on: June 02, 2019, 11:32 »
0
Strange thing, excusive review time is much longer. Usually 2-3 days

yup, that is strange...
My only hope is that exclusive files pass multi checking
for AS or Vimeo or whatever...
:)

« Reply #8 on: June 02, 2019, 11:34 »
+3
It would probably take 3 to 6 months to get new uploaded footage to decent search rankings and google SEO, so after that you'd need to wait a bit longer to see if sales are coming and if it's worth it.

« Reply #9 on: June 02, 2019, 11:53 »
+1
Time doesn't improve search rankings.

How much a clip has sold for improves search rankings.

It often takes time to get that first sale because a very specific search is required without much competition to find a clip that has made $0. But time in itself is not something that improves the search ranking. Unless we're talking about lack of time, where you get a small window (a week or so depending on the subject of course) where you will be visible when sorting by "New".

And, in general, a newer clip with the same earnings as an older clip will rank higher. With a bit of mixing and randomness. And there could be reason to believe that curator ratings affect search placement as well.
« Last Edit: June 02, 2019, 15:42 by increasingdifficulty »

csm

« Reply #10 on: June 02, 2019, 15:21 »
+1
Can someone please share a link to a REALLY good lifestyle port that has gone exclusive?
You don't have to if you don't want to, its a metaphorical question.

My point is, I just can't find any really good lifestyle portfolios that have gone exclusive.
Apart from one artist that was mentioned in the Artist Town hall meeting of course.

All I've seen so far are very mundane exclusive portfolios.

I think its the content which is most important, not whether it is exclusive or not.
I'm sure if a client sees an exclusive clip of frog spawn, for instance, they aren't going to be thinking I'm so pleased this clip is exclusive.

« Reply #11 on: June 02, 2019, 15:30 »
+2
I think its the content which is most important, not whether it is exclusive or not.

No, no, no, you've got it all wrong. If a clip is exclusive the buyer just MUST have it. It turns into a diamond. Imagine the feeling of being the only one in the world having access to this exclusive clip. Just like the Mona Lisa. Imagine the awe from colleagues and friends. Most would probably pay four figures for a chance at an exclusive item like that. They could even write in the ad or corporate video they make - "Made with only the finest exclusive clips". The boss wanted an amazing sunset aerial of New York? Forget it. An exclusive clip of New Jersey in dull lighting is much better. After all, it's exclusive.

;)
« Last Edit: June 02, 2019, 15:34 by increasingdifficulty »

Noedelhap

  • www.colincramm.com

« Reply #12 on: June 02, 2019, 17:19 »
+2
I think its the content which is most important, not whether it is exclusive or not.
I'm sure if a client sees an exclusive clip of frog spawn, for instance, they aren't going to be thinking I'm so pleased this clip is exclusive.

Exactly, exclusivity doesn't mean anything to a buyer. It has no advantage to contributors either. It only means something for the agency itself, who is happy to see new content not going to their competitors. Which theoretically would result in more sales, more market share and more marketing possibilities.

« Reply #13 on: June 02, 2019, 19:24 »
0
As I wasn't sure if it was a good idea I kept my old account.
I uploaded few dozens of clips to tne new exclusive account to give them a try. So far, after one month no sales.
I have much more videos in non-exclusive account and haven't noticed changes in sale pattern.
Strange thing, excusive review time is much longer. Usually 2-3 days vs. few hours for non ex files.
Haven't seen any better placement in search.
Time will tell if there is any advantage to have excusive files. I will manage both accounts at least 6 months and see what happens.

It's the same for me. Exclusive clips take longer to get reviews, and I have not had any sales.

Perhaps my port is too small. I also only have a few dozen clips.

« Reply #14 on: June 02, 2019, 23:15 »
0
Until a certain point marketing is based on words. Strong words.
Words don't add any value to a (low or higher value) product,
they just drive (or try to catch) buyers attention.

Not sure if this will reflect to contributors, sales and prices.

« Reply #15 on: June 03, 2019, 01:21 »
0
.
« Last Edit: June 03, 2019, 01:39 by thirdbornentertainment »

« Reply #16 on: June 03, 2019, 03:51 »
+6
Exclusive program was a scam/red-herring to mask the 10% (20%) commission cut.


SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #17 on: June 03, 2019, 06:23 »
+1
Exclusive program was a scam/red-herring to mask the 10% (20%) commission cut.

Well the major takeaway/headline of the exclusive program was (and is), 'go exclusive and we'll increase your cut to 60%, don't and we'll drop it to 40%'. I mean that was in the main announcement email, as clear as day, so if the intention was to mask what was really going on... then they failed on a momentously miserable scale. Not sure where the scam lies in that?

« Reply #18 on: June 03, 2019, 08:23 »
+5
Exclusive program was a scam/red-herring to mask the 10% (20%) commission cut.

Well the major takeaway/headline of the exclusive program was (and is), 'go exclusive and we'll increase your cut to 60%, don't and we'll drop it to 40%'. I mean that was in the main announcement email, as clear as day, so if the intention was to mask what was really going on... then they failed on a momentously miserable scale. Not sure where the scam lies in that?

It's blatantly obvious. Exclusivity, even if it does begin producing sales, will never compete with spreading clips across multiple agencies. At least that's what my stats tell me 100% with my own clips.

« Reply #19 on: June 03, 2019, 09:23 »
+4

[/quote]

It's blatantly obvious. Exclusivity, even if it does begin producing sales, will never compete with spreading clips across multiple agencies. At least that's what my stats tell me 100% with my own clips.
[/quote]

Whatever your poison be it photos or videos - exclusivity is a thing of the past along with integrity, loyalty, and respect from any agency out there. If I was starting out today I would never ever be exclusive to any one agency, it simply makes no sense in this business today.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #20 on: June 03, 2019, 10:36 »
+3
Exclusive program was a scam/red-herring to mask the 10% (20%) commission cut.

Well the major takeaway/headline of the exclusive program was (and is), 'go exclusive and we'll increase your cut to 60%, don't and we'll drop it to 40%'. I mean that was in the main announcement email, as clear as day, so if the intention was to mask what was really going on... then they failed on a momentously miserable scale. Not sure where the scam lies in that?

Yes I'd agree that allowing anyone to be exclusive and not at the same time, while reducing the commission 10%, or raising it 10% at the same time, was hardly hiding what they are doing. There could be more but what I see is:

1) Getting Exclusive content that they can market to other outlets, as "only from Pond5"  which is to their advantage.

2) Giving us a small incentive, which is paid for by the cut from standard, and added to the exclusive, at no added cost.

Anyone who wants can have exclusive video or not and raise their prices to make up for the lost income on non-exclusive video.

Basic match: 50% of $100 = $50, 40% = $40 and 60% = $60 so the $10 they aren't paying for standard video, goes to the exclusive person, and no cost to Pond5. For those who like to look at the same numbers a different way, non-exclusive loses $10 and exclusive gains $10. Hey that's the same, oh yeah... only is you deal with dollars and not percentages.

10% less is 20% less commission, because $50 just became $40. I'll add that the raise is $10 more commission and an 8.3% gain, not 10%.

Doesn't matter, it's a personal choice, anyone can decide to be non-exclusive, partially exclusive or full exclusive, depending on how they personally feel about the value and marketing of their work. I'm a full exclusive and now I get 60% of nothing, instead of 40% of nothing.  ;) But I did eliminate the uploading, the work and being paid 15% - 20% (or less) by others. Or $1.25

3) My accepted files are marketed to two additional agencies and maybe in the future more? I do nothing additional for this benefit.

If everyone understands up front, what the change is and how it works, it's not a scam, or underhanded.
« Last Edit: June 03, 2019, 10:42 by Uncle Pete »

Noedelhap

  • www.colincramm.com

« Reply #21 on: June 03, 2019, 11:31 »
+4
Exclusive program was a scam/red-herring to mask the 10% (20%) commission cut.

Well the major takeaway/headline of the exclusive program was (and is), 'go exclusive and we'll increase your cut to 60%, don't and we'll drop it to 40%'. I mean that was in the main announcement email, as clear as day, so if the intention was to mask what was really going on... then they failed on a momentously miserable scale. Not sure where the scam lies in that?

Not a scam, but it was disguised as being exciting and positive news for the good of the community. At the very least that's sneaky and misleading.

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #22 on: June 03, 2019, 14:47 »
+1
Everything that gets communicated by the stock agencies is marketed as exciting and new, but it's not like they promised increased sales... they just promised a 60% cut rather than a 40% cut, which is what they're delivering.

Exclusive program was a scam/red-herring to mask the 10% (20%) commission cut.

Well the major takeaway/headline of the exclusive program was (and is), 'go exclusive and we'll increase your cut to 60%, don't and we'll drop it to 40%'. I mean that was in the main announcement email, as clear as day, so if the intention was to mask what was really going on... then they failed on a momentously miserable scale. Not sure where the scam lies in that?

It's blatantly obvious. Exclusivity, even if it does begin producing sales, will never compete with spreading clips across multiple agencies. At least that's what my stats tell me 100% with my own clips.

Well yeah... I know that and you know that, and most people know that. I'm sure Pond5 even know that, but they never said anything to dispute that. It would only be a scam if they'd said that going exclusive with them would earn you more money than distributing your content to as many different agencies as you like. And they didn't!

gillian vann

  • *Gillian*
« Reply #23 on: June 03, 2019, 20:05 »
+2
I don't see them differentiating between exclusive and non-exclusive clips. I just did a quick search on a topic to see which account (I have both) I should UL mine to, and I can't see any filter for "exclusive". The exclusive files have the "E" watermark right? they aren't all listed first, so that's also not giving any advantage to exclusive files, and the filters are for the normal things like newest, popular, duration and price. It seems the only "advantage" is a tiny bit more in $$, but as we can price our own files is that really a problem? Seems like so many price their work very low anyway, a quick few searches reveals that the top line of "popular" is often very low price points.

« Reply #24 on: June 04, 2019, 01:15 »
+2
I can't see any filter for "exclusive". The exclusive files have the "E" watermark right? they aren't all listed first, so that's also not giving any advantage to exclusive files,

Well, they said Exclusive files wouldn't rank higher, so no surprise there. They also said a filter might come later on.

a quick few searches reveals that the top line of "popular" is often very low price points.

Popular sorts files by the number of sales, so that is quite expected. There are about zero regular people who would ever pay $150 for one clip, only businesses.

However, Best match (default for me at least) sorts by revenue (with a touch of newness + some other factors), so a $199 sale will rank higher than five $25 sales.
« Last Edit: June 04, 2019, 01:17 by increasingdifficulty »

« Reply #25 on: June 04, 2019, 02:16 »
0
Here is a subjective summary of P5 exclusivity clips threads and posts:

Starting April to today, people think that exclusivity was a shortcut to big and fast sales: wrong
No one or very little people run a full or just made to test upload exclusive account: wrong/ partially wrong
Pond5 developed their idea, tested it and intergrated it in their system within a month: wrong
People can predict business plans, actions, agreements and customers behavior: wrong/ partially wrong
Exclusive/loyal uploading meaning is interpeted worldwide the exact same way: wrong/partially wrong
Adding 10-20% in product's price in cold blood to minimise losses is normal: wrong

Contributors and clips that selled at pre-exclusive status, still sell good, exclusive or not: correct
« Last Edit: June 04, 2019, 02:19 by georgep7 »

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #26 on: June 04, 2019, 08:36 »
+2
Exclusive program was a scam/red-herring to mask the 10% (20%) commission cut.

Well the major takeaway/headline of the exclusive program was (and is), 'go exclusive and we'll increase your cut to 60%, don't and we'll drop it to 40%'. I mean that was in the main announcement email, as clear as day, so if the intention was to mask what was really going on... then they failed on a momentously miserable scale. Not sure where the scam lies in that?

Not a scam, but it was disguised as being exciting and positive news for the good of the community. At the very least that's sneaky and misleading.

Yup, I'm always excited and positive when I get news from any microstock agency, OK not really.

I saw this as up front, that's my point. The good or bad is individual, as is the choice to play along or ignore the alternative. The 40% is a cut, no one is denying that.

God, give me grace to accept with serenity
the things that cannot be changed,
Courage to change the things
which should be changed,
and the Wisdom to distinguish
the one from the other.


Maybe by 2020 people will stop writing and whining about the P5 exclusive adjustments. I'm sure some new plan will come from somewhere else to find a way to stick it to us, much worse. At least with this, we have free will and choices?



 

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