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Author Topic: What is the future for microstock in 2014?  (Read 6671 times)

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« Reply #25 on: February 06, 2014, 04:30 »
0
No matter what you upload, there are several factors that won't go away.

1. pricing/commissions will continue to be squeezed
2. Supply will be way higher than in 2013
3. demand will probably be similar to 2013

The way I see it is that the same number of buyers are going after a larger and larger pool of content, which spreads those sales to a broader range of contributors. You can take it from here.


Well, at least for the only microstock company that does publish such data (shutterstock) the situation does not look exactly like that.
While supply has been growing steeply in the recent years, demand has kept the pace. The number of downloads per image in the library has not changed too much although the library size has been growing rapidly.

Take a look at shutterstock's investor presentation, page 21 shows the comparison from 2009 to 2012 (to be found here).

What that means for each of us individually is a different question. I don't see the same pattern, my downloads are going down, but I have not uploaded really much in recent years. And if that would be the reason (old files lose search position and don't sell as well as they used to) then new files must get an over-proportional boost - somewhere these rising numbers of downloads must go.

It's not all doom and gloom, but maybe it is getting more difficult to be amongst those who are successful in this business...


« Reply #26 on: February 06, 2014, 04:44 »
0
I see demand growing as the use of mobile devices accelerates and even the smallest of companies/organizations understand the need to establish a marketing presence in that arena - using imagery that gets the message across without volumes of text.

BTW I got this from my 18 year old niece and her peers. I'm sure you've all seen it for yourselves - they get all their news/gossip/culture and even education from mobile devices and they practically live on them and by them.

Also, 'tis about time the agencies got off their arses and broke the emerging markets - they can't all be getting their stuff via domestic outlets or piracy surely.

MxR

« Reply #27 on: February 06, 2014, 08:27 »
+2
Shutterstock: 73827837283 new images added per week

Istock: 0,0077% new independients comission 

Fotolia: Opening "Fotolia 1 cent club"




« Reply #28 on: February 06, 2014, 08:44 »
0
No matter what you upload, there are several factors that won't go away.

1. pricing/commissions will continue to be squeezed
2. Supply will be way higher than in 2013
3. demand will probably be similar to 2013

The way I see it is that the same number of buyers are going after a larger and larger pool of content, which spreads those sales to a broader range of contributors. You can take it from here.

Istock will be flooded with crap low quality content.
Looks like control over the flow has already been lost.

« Reply #29 on: February 06, 2014, 09:00 »
0
No matter what you upload, there are several factors that won't go away.

1. pricing/commissions will continue to be squeezed
2. Supply will be way higher than in 2013
3. demand will probably be similar to 2013

The way I see it is that the same number of buyers are going after a larger and larger pool of content, which spreads those sales to a broader range of contributors. You can take it from here.


Well, at least for the only microstock company that does publish such data (shutterstock) the situation does not look exactly like that.
While supply has been growing steeply in the recent years, demand has kept the pace. The number of downloads per image in the library has not changed too much although the library size has been growing rapidly.

Take a look at shutterstock's investor presentation, page 21 shows the comparison from 2009 to 2012 (to be found here).

What that means for each of us individually is a different question. I don't see the same pattern, my downloads are going down, but I have not uploaded really much in recent years. And if that would be the reason (old files lose search position and don't sell as well as they used to) then new files must get an over-proportional boost - somewhere these rising numbers of downloads must go.

It's not all doom and gloom, but maybe it is getting more difficult to be amongst those who are successful in this business...


I am talking generalities, not specifically about SS. There are usually exceptions to every rule, one-offs, etc. But in general my post is accurate.

« Reply #30 on: February 06, 2014, 10:44 »
0
"No matter what you upload, there are several factors that won't go away.

1. pricing/commissions will continue to be squeezed
2. Supply will be way higher than in 2013
3. demand will probably be similar to 2013"

Than you better produce better images than what is currently in the inventory. And find a niche as well that gives you the edge...

This is totally correct. Produce work that is needed, different and hard to recreate (copy).

Well, it is not all agencies who squeeze commissions. SS keeps them steady and add higher paid licences as well.

« Reply #31 on: February 06, 2014, 10:57 »
+3
Well, it is not all agencies who squeeze commissions. SS keeps them steady and add higher paid licences as well.

Speak for yourself. I lost a quarter to a third of my revenue there when they changed the affiliate program. Not to mention that they actually run Bigstock.

Goofy

« Reply #32 on: February 06, 2014, 11:23 »
+2
'What is the future of Microstock in 2004?'

Well, close your eyes and tell me what do you see?  ;)


PS
That is what a past boss told me when I ask him if I had a future in the company.

Rinderart

« Reply #33 on: February 06, 2014, 12:37 »
+2
Soon , the sites are gonna charge us a fee to Host our Images....LOL

Batman

« Reply #34 on: February 06, 2014, 12:38 »
0
No matter what you upload, there are several factors that won't go away.

1. pricing/commissions will continue to be squeezed
2. Supply will be way higher than in 2013
3. demand will probably be similar to 2013

The way I see it is that the same number of buyers are going after a larger and larger pool of content, which spreads those sales to a broader range of contributors. You can take it from here.

+1

niche and new better pictures

« Reply #35 on: February 06, 2014, 21:08 »
0
"No matter what you upload, there are several factors that won't go away.

1. pricing/commissions will continue to be squeezed
2. Supply will be way higher than in 2013
3. demand will probably be similar to 2013"

Than you better produce better images than what is currently in the inventory. And find a niche as well that gives you the edge...

This is totally correct. Produce work that is needed, different and hard to recreate (copy).

Well, it is not all agencies who squeeze commissions. SS keeps them steady and add higher paid licences as well.
 

Please see my post:
Quote from: dirkr on Today at 04:30
Quote from: Mantis on Yesterday at 21:11
No matter what you upload, there are several factors that won't go away.

1. pricing/commissions will continue to be squeezed
2. Supply will be way higher than in 2013
3. demand will probably be similar to 2013

The way I see it is that the same number of buyers are going after a larger and larger pool of content, which spreads those sales to a broader range of contributors. You can take it from here.


Well, at least for the only microstock company that does publish such data (shutterstock) the situation does not look exactly like that.
While supply has been growing steeply in the recent years, demand has kept the pace. The number of downloads per image in the library has not changed too much although the library size has been growing rapidly.

Take a look at shutterstock's investor presentation, page 21 shows the comparison from 2009 to 2012 (to be found here).

What that means for each of us individually is a different question. I don't see the same pattern, my downloads are going down, but I have not uploaded really much in recent years. And if that would be the reason (old files lose search position and don't sell as well as they used to) then new files must get an over-proportional boost - somewhere these rising numbers of downloads must go.

It's not all doom and gloom, but maybe it is getting more difficult to be amongst those who are successful in this business...


I am talking generalities, not specifically about SS. There are usually exceptions to every rule, one-offs, etc. But in general my post is accurate.



 

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