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Author Topic: Why am I still in the .25 group?  (Read 7126 times)

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« on: April 03, 2017, 11:13 »
0
I remember reading somewhere for Shutterstock when you reach your first 100 downloads, your earning per download increase up to .33. Correct me if I'm wrong. I have now more than 1000 downloads but still gaining .25.


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niktol

« Reply #1 on: April 03, 2017, 11:15 »
+1

« Reply #2 on: April 03, 2017, 11:54 »
+1
Thank you got it. Isn't it a shame you get only .38 even after $10000 sales! Like what are they waiting to give us half a $!


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« Reply #3 on: April 03, 2017, 13:17 »
+12
It'd be nice if they'd give us another rise for hitting, say, $50,000.  ;D

« Reply #4 on: April 03, 2017, 14:52 »
+1
It'd be nice if they'd give us another rise for hitting, say, $50,000.  ;D

and 20K, 30K, 40K, 60K, 70K.....

« Reply #5 on: April 03, 2017, 14:59 »
+2
It'd be nice if they'd give us another rise for hitting, say, $50,000.  ;D

and 20K, 30K, 40K, 60K, 70K.....
The more the merrier... but I'm not very optimistic about it.

dpimborough

« Reply #6 on: April 03, 2017, 16:27 »
+5
I remember reading somewhere for Shutterstock when you reach your first 100 downloads, your earning per download increase up to .33. Correct me if I'm wrong. I have now more than 1000 downloads but still gaining .25.


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You need to read stuff when you sign up

It's $500 then you go up

« Reply #7 on: April 03, 2017, 16:29 »
0
I remember reading somewhere for Shutterstock when you reach your first 100 downloads, your earning per download increase up to .33. Correct me if I'm wrong. I have now more than 1000 downloads but still gaining .25.


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You need to read stuff when you sign up

It's $500 then you go up

Yup I misunderstood the concept.


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JimP

« Reply #8 on: April 03, 2017, 17:47 »
+1
I remember reading somewhere for Shutterstock when you reach your first 100 downloads, your earning per download increase up to .33. Correct me if I'm wrong. I have now more than 1000 downloads but still gaining .25.


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You need to read stuff when you sign up

It's $500 then you go up

Right and it's FT that upgrades based on downloads not money.

We'll never see another rasie on SS but at least it's not like the rest where they just find ways to cut. Getty is the absolute worst. Year after year finding new ways to pay less. DP is just as bad making new contracts for buyers that always pay us less. FT has actually set a stable limit instead of taking advantage of us like before Adobe bought them.

Proof that the little places like 123 are making money is they are still in business. If it cost them so much, they couldn't stay running. Proof that they make good money off our work by cheating us. I won't help any of the little dumps do that anymore. As long as people support and feed the vultures, we will be in price prison getting ripped off.

« Reply #9 on: April 03, 2017, 18:05 »
+5
Boggles the mind how many people sign up to micro sites without a clue of the terms theyre agreeing to
I cant remember if it was here or on the SS forum where some noob was flabbergasted that he received $0.25 for a sale of an image.
Really?

I wonder how much money the micros are sitting on from people that upload a few images, get disenchanted, and just basically quit leaving their images and whatever sales they make on the table.

« Reply #10 on: April 03, 2017, 21:10 »
+1
It'd be nice if they'd give us another rise for hitting, say, $50,000.  ;D

And penalize you in the search results even more, because you're 'so much more expensive' than the newbies?
I suspect that a good position in the search results is more valuable than your base royalty per download.

« Reply #11 on: April 03, 2017, 21:34 »
+2
It'd be nice if they'd give us another rise for hitting, say, $50,000.  ;D

And penalize you in the search results even more, because you're 'so much more expensive' than the newbies?
I suspect that a good position in the search results is more valuable than your base royalty per download.

The penalizing theory doesn't make sense because anyone that has a half decent portfolio will have hit the highest rate very quickly. More than 95% of downloads and sales go to the top 5% of contributors. Those that are persistently on the lower rates, especially with large portfolios tend to cost an agency more in support and from reviewing images than they actually earn.

« Reply #12 on: April 03, 2017, 21:58 »
0

 Those that are persistently on the lower rates, especially with large portfolios tend to cost an agency more in support and from reviewing images than they actually earn.

Your logic is flawed. It doesn't matter what they cost in terms of support and reviewing, if they are on board, then apparently the agency wants to have them.
What matters is the profit per download. The agency earns more when a file from a lower-ranked contributor is sold. Therefore there is financial motivation to give them some kind of a boost. This boost may vary with each implementation of the search algorithm. You can't just deny that the incentive to tweak the search results exists.
And many new contributors are actually good and able to submit good files.
« Last Edit: April 03, 2017, 22:19 by LDV81 »

« Reply #13 on: April 03, 2017, 23:59 »
+2

 Those that are persistently on the lower rates, especially with large portfolios tend to cost an agency more in support and from reviewing images than they actually earn.

Your logic is flawed. It doesn't matter what they cost in terms of support and reviewing, if they are on board, then apparently the agency wants to have them.
What matters is the profit per download. The agency earns more when a file from a lower-ranked contributor is sold. Therefore there is financial motivation to give them some kind of a boost. This boost may vary with each implementation of the search algorithm. You can't just deny that the incentive to tweak the search results exists.
And many new contributors are actually good and able to submit good files.

Sorry but your statements are typical of people here that don't understand the costs associated in the background, and make assumptions but really don't have a knowledge of the industry.

The vast majority of income comes from the top contributors. These are invariably on the highest rates. For those that are in the top at Shutterstock 5%, the highest rates amount to less than 2 months income from Shutterstock. Generally these contributors have very low review and administration costs associated with their accounts because they have successful portfolios that have already been reviewed. Administration costs measured per download for a $5000 payout are also much lower than someone that just scrapes in for $100.

In terms of the rates, those on the lower thresholds account for probably less than 1% of downloads: Take a look at the download distribution graphs published by stockperformer:



Source: https://www.stockperformer.com/blog/faq-about-our-market-performance-ranking/

There simply isn't any basis for asserting that the search is somehow rigged to give an advantage to low income earners, when the overwhelming evidence indicates the contrary.

Justanotherphotographer

« Reply #14 on: April 04, 2017, 00:25 »
+1
Thanks so much for posting that chart! I hadn't read that article but I have been saying the same things on this forum for years.

« Reply #15 on: April 04, 2017, 01:04 »
0
The vast majority of income comes from the top contributors. These are invariably on the highest rates. For those that are in the top at Shutterstock 5%, the highest rates amount to less than 2 months income from Shutterstock. Generally these contributors have very low review and administration costs associated with their accounts because they have successful portfolios that have already been reviewed. Administration costs measured per download for a $5000 payout are also much lower than someone that just scrapes in for $100.

Again, at the moment of download, administration costs incurred by the contributor in the past don't matter. Irrelevant. What counts is only how much the agency earns with that particular download at that particular moment.

If they were concerned with administration costs, why did they practically abolish entrance exams? Now, they would accept even dogs who know how to press the shutter button and accept a gazillion files per minute. They want a bazillion contributors and a gazillion files per minute, therefore they don't seem to care about administration costs per contributor.

You don't understand causality. The reason why the top contributors bring the most income is simple! As a group, they have the most appealing images and customers want them, for crying out loud. That is the reason, and not the lower administration costs that they incur. And that doesn't exclude the possibility that the agency might try to increase short-term earnings by giving lower-ranked contributors a small push at certain times in certain markets, without making buyers too angry. The agency is concerned only with their bottom line. Obviously, they cannot kill top contributors in the search results, because the buyers would leave, but they do experiment every now and then and test which settings earn them most money.

Generally, store owners tend to promote products with the highest margins.
« Last Edit: April 04, 2017, 01:16 by LDV81 »

« Reply #16 on: April 04, 2017, 01:15 »
+2
"If they were concerned with administration costs, why did they practically abolish entrance exams?" Because they cost money?


« Reply #17 on: April 04, 2017, 01:19 »
0
"If they were concerned with administration costs, why did they practically abolish entrance exams?" Because they cost money?

What costs more money? Reviewing 10 files from a contributor in an exam, or reviewing hundreds and thousands of potential c#%$ images from the same guy and thousands like him? (and storing them, using bandwidth, etc.)
« Last Edit: April 04, 2017, 01:51 by LDV81 »

« Reply #18 on: April 04, 2017, 01:22 »
0
"If they were concerned with administration costs, why did they practically abolish entrance exams?" Because they cost money?

Exactly, and because they aren't a good predictor of future success.

If a contributor is unsuccessful, they'll get discouraged after submitting a few hundred files and not seeing any sales. Someone who starts microstock with mediocre images, may end up learning a lot more from rejections along the way and become quite successful.

« Reply #19 on: April 04, 2017, 01:24 »
0
"If they were concerned with administration costs, why did they practically abolish entrance exams?" Because they cost money?

What costs more money? Reviewing 10 files from a contributor in an exam, than reviewing hundreds and thousands of potential c#%$ images from the same guy and thousands like him? (and storing them, using bandwidth, etc.)
You think the stricter review stopped a significant number of these people? they just kept submitting till they passed.

« Reply #20 on: April 04, 2017, 01:42 »
0
You think the stricter review stopped a significant number of these people? they just kept submitting till they passed.

The most hopeless cases just gave up. Others had to improve, analyze their mistakes and learn and learn.
The filter was working. The ones who got through had at least some idea about stock.
Shutterstock had a very good collection compared to other sites.

Guys with thousands of marijuana shots or gradients didn't have a chance. If I remember correctly, back then 'delinquents' uploading s#&t would be forced to re-take the entrance exam after a warning, but I may be wrong on this.

Conclusion: they don't care at all about "adminitration costs" per contributor.

« Reply #21 on: April 04, 2017, 01:52 »
+1
"If they were concerned with administration costs, why did they practically abolish entrance exams?" Because they cost money?
Perhaps more to the point, a lot of low-grade contributors each picking up a handful of sales but never reaching payout is a valuable asset for a stock site. Even I'm helping Crestock with $20 worth of sales over several years - money which I will probably never get (how many people have ever had a payout from that site?)
Years ago DT published statistics that made it possible to work out how many contributors had how many sales. Something like 90% of them had fewer than 100 downloads - and when I reported some of my analysis on SS it was quickly deleted by admin, leaving me to assume that the data from DT reflected what was going on throughout the entire industry.
If I remember correctly, something like half of all contributors had fewer than 10 uploads and would probably never reach a payout - or would have long forgotten the site when they got there and thus would never claim their cash. So speeding up the rate at which low-performing portfolios sell might end up with the sites having less unclaimed cash available to use.
The system is so advantageous to the stock sites that they really don't need to take the risk of messing it up to try to squeeze more cash out of it. The belief in someone doing us down because our wonderful files don't sell as fast as we think they should really strikes me as coming out of the same place as the old complaint that "my image was perfect the reviewers rejected it because they are stupid" - which almost invariably turned out to be wrong.

« Reply #22 on: April 04, 2017, 01:56 »
+1
You think the stricter review stopped a significant number of these people? they just kept submitting till they passed.

I don't believe that. I'll bet that 90% gave up after the first rejection and most of the rest gave up after the second. I referred a very good old-time professional to SS once, a guy with great photographic skills but not so good with the minute details that the reviews caught a lot of people with. He failed, of course, and didn't go back. In fact I don't believe that any of the people who used my referral link on SS and failed the test ever bothered to try a second time.

« Reply #23 on: April 04, 2017, 02:04 »
0
The system is so advantageous to the stock sites that they really don't need to take the risk of messing it up to try to squeeze more cash out of it. The belief in someone doing us down because our wonderful files don't sell as fast as we think they should really strikes me as coming out of the same place as the old complaint that "my image was perfect the reviewers rejected it because they are stupid" - which almost invariably turned out to be wrong.

In order for your theory to work, these guys must get at least SOME sales. If they don't get any sales, the system is not advantageous at all. If they are really so bad, they might use some help in the search results. You contradict yourself, to some extent.

« Reply #24 on: April 04, 2017, 02:06 »
0
You think the stricter review stopped a significant number of these people? they just kept submitting till they passed.

I don't believe that. I'll bet that 90% gave up after the first rejection and most of the rest gave up after the second. I referred a very good old-time professional to SS once, a guy with great photographic skills but not so good with the minute details that the reviews caught a lot of people with. He failed, of course, and didn't go back. In fact I don't believe that any of the people who used my referral link on SS and failed the test ever bothered to try a second time.
I'm sure people with just a few nice holiday snaps who thought it was easy money were deterred but not the kind of people that submit 1,000s of images. If as you say the test deterred good photographers then no wonder they dropped it! The fact is the sites standards were way higher than buyers'. In the end its buyers that determine "quality" Its a shame they are not more discerning but there it is.


 

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