MicrostockGroup Sponsors


Author Topic: Why can't we do this? - Microstock Coop  (Read 11886 times)

0 Members and 2 Guests are viewing this topic.

« on: October 07, 2013, 04:18 »
+1
Hi,

I see many people are part of the microstock industry and also running their own personal website to sell images. Symbiostock has really helped us and many to bring an individual presence and direct selling model.

I want to share some views (my personal and no offence)...

Contributors:
1- We are seeing many new websites coming in the market. Many survive and many not. Contributors gets invitations to join them in their initial phase with some benefits. We then review the site, discuss the royalty rates and tell the pros and cons of the new site in this forum.
2- We usually discuss regarding the royalty rates. As we can see within top tier companies, there is no fair commission rate. And we then read on news that companies has generated so much revenue and earning.
3- We are seeing less sales from past many months and this is gradually increasing. Many members are discussing regarding low sales on forums.

Buyers:
1- Buyer are getting confused from where to buy now. So many companies with so many offers.
2- Buyer gets even more confused when they get to know that there are even more individual symbiostock websites.
3- There is lot of supply with limited demands.

My views:
Since, there are many good people out in this msg forum who are constantly active. We are aware about the royalty structure and no fair contributor commission. Why cannot we make a group and launch a website which allow every users a fair chance as well as fair commission.
Lets bring all the individual sellers and unite them to a new "our" community generated website from where buyers can directly buy from us and we also give a very good royalty % commission. All there will be a running expenses of annual maintenance charge and some marketing and SEO expenses. There could be a small investment on website building etc.
This platform will also provide a one shop destinations for buyers as well as a fair commission to us.

Let there be any good person to lead and handle this website from here msg forums and create and select team from here only. We know that buyers wants images and we also know we want fair commission.

Let me know your views on it.

admin edit: added more descriptive subject
« Last Edit: October 08, 2013, 22:32 by leaf »


ShadySue

  • There is a crack in everything
« Reply #1 on: October 07, 2013, 04:26 »
0
It was suggested manys the time and oft. There have been many threads on here about that very issue.
There are just so many thing mitigating against this happening, Symbiostock was the best compromise solution.
The alternative would be Stocksy or similar.
Someone may have kept bookmarks to all the previous links so you can see that all the problems with your suggestion are.

« Reply #2 on: October 07, 2013, 05:33 »
+3
Let there be any good person to lead and handle this website from here msg forums and create and select team from here only. We know that buyers wants images and we also know we want fair commission.

Let me know your views on it.

You go right ahead.

Uncle Pete

« Reply #3 on: October 08, 2013, 12:56 »
+6
Perfect Answer.

I sat and figured how a Stock Photo Co-Op might work. The first time it hit the board, people were unhappy because of the way others might work or make more and wanted top billing, full income, even if someone else had to run the site, pay for it, do reviews, handle software. People should be paid for what they contribute, not just for being one member with one photo, and demanding a full share.

It went up in smoke in a day.

What I'm getting at it this.

I, Me, Mine. Where it should be Us, We, Our.

Otherwise if someone has a way to run a site, as a not for profit and pay the contributors top commissions, after expenses. Please do it. You'll have my full moral support and encouragement. I think there's a reason why it hasn't been done.

Symbiostock isn't just some off the tangent idea, it's 100% inspired. It's the co-op without the management. Everyone is self supporting and independent, but shares with others, if they want to be associated. Everything is personal choice and volunteer.

Oh and that one other thing? 100% commission.


Let there be any good person to lead and handle this website from here msg forums and create and select team from here only. We know that buyers wants images and we also know we want fair commission.

Let me know your views on it.

You go right ahead.

Ron

« Reply #4 on: October 08, 2013, 13:00 »
0
Perfect Answer.

I sat and figured how a Stock Photo Co-Op might work. The first time it hit the board, people were unhappy because of the way others might work or make more and wanted top billing, full income, even if someone else had to run the site, pay for it, do reviews, handle software. People should be paid for what they contribute, not just for being one member with one photo, and demanding a full share.

It went up in smoke in a day.

What I'm getting at it this.

I, Me, Mine. Where it should be Us, We, Our.

Otherwise if someone has a way to run a site, as a not for profit and pay the contributors top commissions, after expenses. Please do it. You'll have my full moral support and encouragement. I think there's a reason why it hasn't been done.

Symbiostock isn't just some off the tangent idea, it's 100% inspired. It's the co-op without the management. Everyone is self supporting and independent, but shares with others, if they want to be associated. Everything is personal choice and volunteer.

Oh and that one other thing? 100% commission.



Pete can I copy some of the things you just said there for my site?

Uncle Pete

« Reply #5 on: October 08, 2013, 13:20 »
+1
If you can find the original Co-Op plan post, it would be better thought out and you would see why it was a disaster in a day. This reply was just babbling off the cuff.

The problem is this, and you understand business so you'd know well how it works.

People wanted to share in the profits, based on being a member, not on how many downloads or income they brought into the project. People wanted to be first, even if they had 100 images, vs someone experienced with 4000 images. (just examples) Some decided right off it should be a socialist project, all share equally, even if they made no income contribution.

Real simple, it doesn't work because too many independent people only want what's good for themselves and can't seem to participate is a group cooperative effort, under any circumstances.

My idea was, everyone got "shares" based on sales, and after expenses, 100% of the profit would be divided based upon the "shares". People who earned more, got more and people who brought in less income, got less. Not a terribly complicate math or a controversial scheme. You get what you earn. LOL

It was carpet bombed into submission by opposing views.

The End



Perfect Answer.

I sat and figured how a Stock Photo Co-Op might work. The first time it hit the board, people were unhappy because of the way others might work or make more and wanted top billing, full income, even if someone else had to run the site, pay for it, do reviews, handle software. People should be paid for what they contribute, not just for being one member with one photo, and demanding a full share.

It went up in smoke in a day.

What I'm getting at it this.

I, Me, Mine. Where it should be Us, We, Our.

Otherwise if someone has a way to run a site, as a not for profit and pay the contributors top commissions, after expenses. Please do it. You'll have my full moral support and encouragement. I think there's a reason why it hasn't been done.

Symbiostock isn't just some off the tangent idea, it's 100% inspired. It's the co-op without the management. Everyone is self supporting and independent, but shares with others, if they want to be associated. Everything is personal choice and volunteer.

Oh and that one other thing? 100% commission.



Pete can I copy some of the things you just said there for my site?

Ron

« Reply #6 on: October 08, 2013, 13:25 »
0
No, I just want to use some text from what I quoted from you. I dont need a Co Op plan.

« Reply #7 on: October 08, 2013, 13:32 »
+7
I've pretty much given up on everyone working together harmoniously. If you could somehow figure out how to fuel an agency by bickering and arguing, I think it might work.  ;)

« Reply #8 on: October 08, 2013, 15:29 »
+1
.
« Last Edit: May 12, 2014, 09:22 by Audi 5000 »

« Reply #9 on: October 08, 2013, 15:37 »
+4
I've pretty much given up on everyone working together harmoniously. If you could somehow figure out how to fuel an agency by bickering and arguing, I think it might work.  ;)

It can work but you probably need one person or small group of people to just do it and then others can join up.


Like, ermmm... I don't know ...  let me think.....  Stocksy ?!?


;)

« Reply #10 on: October 08, 2013, 15:40 »
0
.
« Last Edit: May 12, 2014, 09:22 by Audi 5000 »

« Reply #11 on: October 08, 2013, 15:43 »
+3
The only thing different (that people here would want) is an open membership as opposed to a more select membership, but it's what is being talked about.  A small group of people willed it into existence, by it's own legal terms it belongs to the members.  Profits are distributed after expenses.  Etc.

marthamarks

« Reply #12 on: October 08, 2013, 15:55 »
+3
Symbiostock isn't just some off the tangent idea, it's 100% inspired. It's the co-op without the management. Everyone is self supporting and independent, but shares with others, if they want to be associated. Everything is personal choice and volunteer.

Oh and that one other thing? 100% commission.

Bingo!  +1000

Symbiostock is one of the best things I've seen come down the pike in a long, long time.

As Uncle Pete said, Symbiostock is inspired. It's a group of people who've never met one another and actually do compete with one another, but still are willing to share dreams, ideas, know-how, problems/solutions, etc.

I believe Symbiostock has the potential to change the world for those of us who are so frustrated with the current microstock situation. I'm willing to take the time and do what it takes to build a quality SYS site that will endure and be a credit to the entire network. Others are, too.

Which is why it will work. Over time. Not as a flash-in-the-pan. But as a permanent, durable asset for those of us who invest our time now in making it work for years to come.

« Reply #13 on: October 08, 2013, 16:05 »
0
I've pretty much given up on everyone working together harmoniously. If you could somehow figure out how to fuel an agency by bickering and arguing, I think it might work.  ;)
It can work but you probably need one person or small group of people to just do it and then others can join up.

Like, ermmm... I don't know ...  let me think.....  Stocksy ?!?

Is Stocksy powered by angry arguments?  ;D

« Reply #14 on: October 08, 2013, 16:33 »
+4
No, a room full of ferrets in exercise wheels.

« Reply #15 on: October 08, 2013, 16:41 »
+2
Symbiostock is probably the best and closest to this model.  There are 2 practical drawbacks.

1) Not really an option unless one has a reasonable amount of marketable product - earning say 3 figures a week.  This excludes a lot of where the sites draw their crowd sourced material from.

2) What is in it for the buyer unless the big contributors move their portfolios in there and away from mainstream sites?  Without unique product, it has to compete on price.

How is stocksy an option?  Nice model but a co-op that is only open to a select few doesn't help much.

« Reply #16 on: October 08, 2013, 16:43 »
0
No, a room full of ferrets in exercise wheels.
or ball bearings....


Ron

« Reply #17 on: October 08, 2013, 16:50 »
0
No, a room full of ferrets in exercise wheels.
or ball bearings....

Aaah now I understand. Woodyone, of course.

« Reply #18 on: October 08, 2013, 20:09 »
+2


.......
Otherwise if someone has a way to run a site, as a not for profit and pay the contributors top commissions, after expenses. Please do it. You'll have my full moral support and encouragement. I think there's a reason why it hasn't been done.


....
Symbiostock isn't just some off the tangent idea, it's 100% inspired. It's the co-op without the management. Everyone is self supporting and independent, but shares with others, if they want to be associated. Everything is personal choice and volunteer.

Oh and that one other thing? 100% commission.



for any masochists around, a demo co-op could be set up using the existing tools and files within symbio -- the global search engines already consolidate images from all 100+ sites to do searches.  next step woud be to add tracking of what sales go where, and use email forwarding to track sales.  (I do something similar with my Turkish travel partner - whenever anyone answers our online forms or tours, we each get a copy of the email)

but as mentioned, it's not a tech problem, the biggest hurdle will be overcoming egos

Shelma1

  • stockcoalition.org
« Reply #19 on: October 08, 2013, 20:35 »
0
Symbiostock is probably the best and closest to this model.  There are 2 practical drawbacks.

1) Not really an option unless one has a reasonable amount of marketable product - earning say 3 figures a week.  This excludes a lot of where the sites draw their crowd sourced material from.

2) What is in it for the buyer unless the big contributors move their portfolios in there and away from mainstream sites?  Without unique product, it has to compete on price.


I plan to compete on price. Not to undercut, but to be competitive. The difference will be that I'll keep 97% of the sale instead of 10 or 20% . So even if I sell far fewer files, I just might make what I do at the agencies.

I haven't launched yet, though, so we'll see how it goes.

Leo Blanchette

« Reply #20 on: October 08, 2013, 22:13 »
+2
I love seeing people get motivated on these things. Anyone who can add an extra layer of cooperation, marketing, funneling...weasels... I certainly welcome! I'm definitely running at full amount here and can't do anything else. But if people get motivated and create sites/hubs/co-ops it could only help!

Anyway, back to my cave now.

« Reply #21 on: October 10, 2013, 10:36 »
+6
Symbiostock is a network, not a co-op. There is a big difference between the two from the buyer's perspective. The network requires the buyer to register for each  individual site if they want to make a purchase. A co-op (or virtual agency) puts all the images into one search and allows the customer to register once and download any image from any member.

Symbiostock could be used as a co-op of course. It would require someone to step forward and create a hub of sorts and provide a central registration and payment process. It has been proposed, but initial support was not strong enough to get it off the ground.

A co-op can be easily formed through Photoshelter or K-Tools. K-Tools requires one member to form the site and purchase the contributors add-on, and to manage all payments and record keeping. It is easily established, but it will require a lot of extra work come tax time.

The Photoshelter co-op or Virtual Agency option is probably superior. All it requires is that members link together through their Photoshelter accounts. Sales and Registrations are handled under one umbrella (Photoshelter), but each sale is awarded to the image author instead of a host site. That means approximately a 90% commission for the image author, and there is no requirement for an "agency leader" to be handling payments, taxes, etc.

« Reply #22 on: October 10, 2013, 12:50 »
-3
It has to be open for everyone.
It has to be free.
It has to be easy and straightforward.
It has to be 100% royalty to contributor.

An agencies killer model. Ok, change to; New opportunity model.

Now go figure out how to do it. IT'S DOABLE I TELL YOU.
« Last Edit: October 10, 2013, 13:15 by Open_ »

« Reply #23 on: October 10, 2013, 13:00 »
0
It has to be 100% royalty to contributor.

An agencies killer model.

You are confusing the needs of the contributor with the needs of the customer. While some customers are contributors, I'm sure most have no idea about royalty structure or agency-artist relations. You can't "kill" an agency unless you take all their customers. It has nothing to do with artist royalty structure. If it did, then Featurepics and Mostphotos would have killed iStock and Shutterstock years ago.

Unless you have a plan for attracting customers, a well structured co-op won't change the competitive landscape among agencies.

EDIT - The reason Stocksy is making inroads is because Bruce obviously had a plan for attracting customers, and relations with the customers he built during his days leading iStock. You can build a co-op in minutes with the right software. The key is customer acquisition.
« Last Edit: October 10, 2013, 13:04 by djpadavona »

ShadySue

  • There is a crack in everything
« Reply #24 on: October 10, 2013, 13:04 »
+5
It has to be open for everyone.
It has to be free.
It has to be easy and straightforward.
It has to be 100% royalty to contributor.

An agencies killer model.

Now go figure out how to do it. IT'S DOABLE I TELL YOU.

As there are some costs involved in any sort of website operation, how can it be "free" and give "100% to the contributor"? (other than obnoxious adverts)

« Reply #25 on: October 10, 2013, 13:07 »
+4
As there are some costs involved in any sort of website operation, how can it be "free" and give "100% to the contributor"? (other than obnoxious adverts)

Just wait until I unveil my photo agency on Angelfire.   8)

EmberMike

« Reply #26 on: October 10, 2013, 13:18 »
+1

Stocksy is a coop, and I think a pretty good example of just how difficult it is to set one up, run it, and make it successful. It's not going to work if it's a couple of people working remotely, doing this as a side project with no money, no equipment, no office, etc.

As simple as a coop sounds, it still takes a ton of resources and time to just get it off the ground in a way that would allow it to be competitive and, maybe, someday, profitable.


« Reply #27 on: October 10, 2013, 13:23 »
-6
People can't figure out how to do it, and give excuses.

The microstock industry has mature and new opportunity arise.

No, I wont give away my ideas on how to do it.

« Reply #28 on: October 10, 2013, 13:24 »
+2
It has to be open for everyone.
It has to be free.
It has to be easy and straightforward.
It has to be 100% royalty to contributor.

An agencies killer model. Ok, change to; New opportunity model.

Now go figure out how to do it. IT'S DOABLE I TELL YOU.

All I want is EVERYTHING. No big deal.  ;)

« Reply #29 on: October 10, 2013, 13:26 »
+1
Totally agree EmberMike. Although I should disclose that Warmpicture did have sales and was profitable, albeit barely. It can be done, especially if someone with my lack of expertise was able to pull it off. The problem was going from break even, to worthwhile venture. I was putting more work into Warmpicture than I was into my day job, and it was not a lot of fun tracking all those sales and commissions for tax reporting. In order for me to have continued, Warmpicture needed to do more than just break even.

So you are completely correct. Everyone wanting near 100% royalties from a co-op is failing to consider that somebody (hopefully a team of somebodies) is going to be doing all of the work behind the scenes, for free. And who is paying for customer acquisition?

EmberMike

« Reply #30 on: October 10, 2013, 13:39 »
0
No, I wont give away my ideas on how to do it.

It's not a secret. It's been discussed around here often. It takes money, period, and lots of it. Even a coop needs to be run like a business, and businesses need money to get off the ground. Especially a web-based business that deals in digital assets, things that take up lots of space on servers and require significant IT systems to distribute.

Look at Stocksy. They spent probably tons of money on systems, office space, website design and development, branding, etc. All before they even opened their doors and started doing any business.

« Reply #31 on: October 10, 2013, 13:47 »
0
No, I wont give away my ideas on how to do it.

It's not a secret. It's been discussed around here often. It takes money, period, and lots of it. Even a coop needs to be run like a business, and businesses need money to get off the ground. Especially a web-based business that deals in digital assets, things that take up lots of space on servers and require significant IT systems to distribute.

Look at Stocksy. They spent probably tons of money on systems, office space, website design and development, branding, etc. All before they even opened their doors and started doing any business.

I don't think you necessarily need money if you are running something small. Money always helps though.

« Reply #32 on: October 10, 2013, 13:58 »
+2
It has to be open for everyone.
It has to be free.
It has to be easy and straightforward.
It has to be 100% royalty to contributor.

An agencies killer model. Ok, change to; New opportunity model.

Now go figure out how to do it. IT'S DOABLE I TELL YOU.

I dare you to build it, don't forget that you cannot charge anything ;D

EmberMike

« Reply #33 on: October 10, 2013, 14:20 »
0
I don't think you necessarily need money if you are running something small. Money always helps though.

If it's a coop that is going to offer the work of more than a few artists, it'll take some money to get set up with the necessary equipment, servers, IT infrastructure, etc. I suppose it might be a little cheaper in the beginning to go with a hosted solution, but even that isn't going to be really "cheap" in order to get the kind of setup that has provides adequate site speed, bandwidth, storage, etc.

Good design costs money. Could you get away with cheap design? Sure, but a cheap looking site doesn't sell. You'd need to spend money on a good site design, a logo, etc.

I guess you can do things cheap or free, but if we're talking about something that has a real chance of working, I just think there are some things you won't be able to cut corners on.

« Reply #34 on: October 10, 2013, 14:24 »
-2
.
« Last Edit: May 12, 2014, 09:16 by Audi 5000 »

« Reply #35 on: October 10, 2013, 14:29 »
+1
I don't think you necessarily need money if you are running something small. Money always helps though.

If it's a coop that is going to offer the work of more than a few artists, it'll take some money to get set up with the necessary equipment, servers, IT infrastructure, etc. I suppose it might be a little cheaper in the beginning to go with a hosted solution, but even that isn't going to be really "cheap" in order to get the kind of setup that has provides adequate site speed, bandwidth, storage, etc.

Good design costs money. Could you get away with cheap design? Sure, but a cheap looking site doesn't sell. You'd need to spend money on a good site design, a logo, etc.

I guess you can do things cheap or free, but if we're talking about something that has a real chance of working, I just think there are some things you won't be able to cut corners on.
I agree and I don't think it would be too hard to find a couple hundred contributors willing to throw a few thousand in if the project looks promising.

Yes, it would.  You're talking about the people that want "100%" royalties.

EmberMike

« Reply #36 on: October 10, 2013, 14:57 »
+6
I agree and I don't think it would be too hard to find a couple hundred contributors willing to throw a few thousand in if the project looks promising.

I think it would be nearly impossible to find more than a few people willing to put in $1,000. Not when it matters, anyway. To make a project look promising enough for anyone to be willing to kick in any money, it would have to already be off the ground and running, meaning it would have already required money to get to that point.

Look at all of the startups that come through here looking for contributors. They can't get many people interested and they're not even asking for money. It's free to take a chance on one of these new companies, even the few that do look promising, and they still are met with a lot of resistance and skepticism.

Even if, theoretically, someone could find 50 contributors willing to kick in $1,000 each. That's only $50,000. Think you could get a stock coop up and running on $50,000? Any guesses on what it cost to build Stocksy? I bet there was more than a million in that company even before they launched.


« Reply #37 on: October 10, 2013, 15:47 »
0
.
« Last Edit: May 12, 2014, 09:16 by Audi 5000 »

« Reply #38 on: October 10, 2013, 15:52 »
0
.
« Last Edit: May 12, 2014, 09:16 by Audi 5000 »

Ron

« Reply #39 on: October 10, 2013, 16:02 »
0
Whats the problem with Stocksy then?

« Reply #40 on: October 10, 2013, 16:07 »
0
.
« Last Edit: May 12, 2014, 09:16 by Audi 5000 »

« Reply #41 on: October 10, 2013, 16:52 »
+2
I agree and I don't think it would be too hard to find a couple hundred contributors willing to throw a few thousand in if the project looks promising.

Yes, it would.  You're talking about the people that want "100%" royalties.
People have to be realistic, there are costs associated with starting a professional project.  I'm not looking to join a do-it-yourself, ad hoc co-op that runs on pre-made software.  It has to be something serious, 100% royalties isn't a serious suggestion.
[/quote]

Oh God, I'm agreeing with tickstock.

This is exactly right though.  One of the reasons for the success of the crowd sourced model is the fact that there is zero investment needed other than producing product and they would be doing photos or whatever anyway (the type of photos probably changes as they realise what sells and doesn't).  Successful startups need entrepreneurs and investment.  I hope Leo is making some money from symbio  because it's important that the guy with the vision stays involved.

« Reply #42 on: October 10, 2013, 21:07 »
+1
this thread could have been valid and worth to discuss 2 years ago..

BUT NOW, that we have the best of the solutions, which is symbiostock, it is a waste of time to further discuss this idea..

the OP obviously want all the advantages symbiostock has to offer, but without paying the hosting and maintaining costs..

I think (and I know I am not the only one) the issue is solved for good.. if you still want an agency that will pay you fair commissions, then start one, because none of us, symbiostockers will do that for you as we are content with our solution..

EmberMike

« Reply #43 on: October 10, 2013, 21:51 »
+2
...the OP obviously want all the advantages symbiostock has to offer, but without paying the hosting and maintaining costs...

Actually what I think they want is something far crazier than that. It sounds like they want a coop site that is a single site, not a network like Symbiostock. That's something that would take some significant time, effort, and money to build. It's an agency website, essentially. Except built out of the goodness of someone's heart and asking for nothing in return.

What Leo built with Symbiostock was done mostly with his own time. As far as I know, Leo didn't need to invest much (or maybe any) money into the project. The type of site the OP is suggesting sound more like something that would take a team of people to build, something that ordinarily costs big bucks.

Think of it like Symbiostock, except if Leo had to hire a team of people to do it, spend money on infrastructure to house all of the systems and images, and then gave away ever dollar the site brought in.


« Reply #44 on: October 11, 2013, 03:07 »
0
The people who are with Stocksy are making a considerable personal investment. They are putting their best work there exclusively. That's a big investment already.

On the other hand they are also clearly getting a good deal out of it. I sometimes look at the portfolios of people who used to be at iStock and some who do or used to post here - Stocksy seems to be inspiring them to produce really fantastic contemporary work. I am going to guess that something about that community is inspiring them. Or maybe they just all got really good at the same time.

« Reply #45 on: October 11, 2013, 04:18 »
+1
...the OP obviously want all the advantages symbiostock has to offer, but without paying the hosting and maintaining costs...

Actually what I think they want is something far crazier than that. It sounds like they want a coop site that is a single site, not a network like Symbiostock. That's something that would take some significant time, effort, and money to build. It's an agency website, essentially. Except built out of the goodness of someone's heart and asking for nothing in return.

What Leo built with Symbiostock was done mostly with his own time. As far as I know, Leo didn't need to invest much (or maybe any) money into the project. The type of site the OP is suggesting sound more like something that would take a team of people to build, something that ordinarily costs big bucks.

Think of it like Symbiostock, except if Leo had to hire a team of people to do it, spend money on infrastructure to house all of the systems and images, and then gave away ever dollar the site brought in.

yes, that I agree..

the OP wants it in agency form, because it is easier to fantasise that "someone is going to build a site for everyone" than fantasise that "someone is going to build an individual site for all of us and also pay for hosting on our behalf" :)

I see  the OP as someone asking to re-invent the wheel :)

The issue everyone needs to realize is that the wheel was invented, tested and found extremely practical by everyone who tried it..

It's not in our nature.. we don't go from practical to non-practical..

The OP wants to ignore the latest advancement in contributor world and travel back in time.. all that for not paying the hosting.. :)

even if you don't earn it back, is it not worth trying it, let's say for a year?

If $50 per year is too much to risk, then you are not in it for business and you can not earn much even if such "fantasy agency" existed anyway..
« Last Edit: October 11, 2013, 10:11 by cidepix »

« Reply #46 on: October 15, 2013, 10:45 »
+2

This is exactly right though.  One of the reasons for the success of the crowd sourced model is the fact that there is zero investment needed other than producing product and they would be doing photos or whatever anyway (the type of photos probably changes as they realise what sells and doesn't).  Successful startups need entrepreneurs and investment.  I hope Leo is making some money from symbio  because it's important that the guy with the vision stays involved.


We keep Leo on a leash and toss scraps at him to keep him happy! :D On a serious note, IT DOES work because someone like Leo HAS stuck with it. Some of us support him and try to help out with ideas, suggestions, and help others with answers we happen to know so he can get on with his work.

So I try to do my bit to help out because Leo cannot do everything and he largely does it for free! I want him to stay involved! Without him, development will dwindle because most of us do not have his knowledge and no one else who does has stepped up to help yet!


« Reply #47 on: October 15, 2013, 11:18 »
0
Essentially what most people want is an agency that takes no royalties and promotes your work tirelessly. We all know how likely this is come into being. Ask one simple question; am I willing to dedicate my life and time so that others can join and benefit? No? Then why should anyone else? If they do, however, support them and encourage them to keep at it in any way you can even if it is just remaining positive.

My feeling is that the people with good work will sell no matter where they go. Search engines index everything these days. I feel that what a lot of people are worried about is competition. Its unfair if person X sells more. Well, as harsh as it sounds, if person X has great work (or is a natural salesman) then why should he or she be held back so that mediocre work can sell?

When we go back to the agency model we are always hearing about how some people start selling more and others sell less and how good or bad this is. You cannot please everyone and if you seriously think the agencies care if you like it or not then here have a needle for your bubble! Most business, sadly, is built on greed and not community. That is why Stock agencies have billionaires and we get peanuts tossed through the monkey bars. I dont think any of us like that model.

We, as professionals, need to change our negative tune we sing far too often. If someone achieves success (ethically) be glad and learn from them. IF you are not going anywhere fast then you must stop and ask the difficult questions so you can learn WHY not!.

We have a huge supply and not enough demand that wants to pay. The reality is that either you can deliver the goods or you cant/dont/wont. Price is also an issue. If you want to set higher prices to try to move the market back to a fair place then be prepared to know that some clients will go where the grass is * cheap or free. You will never convince that market to change. So look upwards to a market that will value your work. If you cannot find that market then a career change is in order.

I think the challenge is that the last decade started out with insane revenue for a few select members that got on board early but that ship has sailed! Mourn, wear black, wave the hanky, and move on. That ship is unlikely to come back to port. No one will agree and collectively pull the rug from under the agencies. We have that power but its always about me, myself, and I. So that ship is also unlikely to come to port.

Now we are left with a new model that SymbioStock is based on. Your work does as well as it can depending on the quality, price, and the amount of effort you put in. There is no free lunch which is why we are being squeezed and shafted by the agencies. www.iSHAFTcontributers.com :)

Jo


 

Related Topics

  Subject / Started by Replies Last post
4 Replies
6387 Views
Last post July 23, 2007, 19:11
by Suljo
6 Replies
4704 Views
Last post July 24, 2007, 22:36
by litifeta
0 Replies
2881 Views
Last post January 19, 2008, 10:34
by rosta
72 Replies
51535 Views
Last post July 08, 2011, 15:22
by cathyslife
36 Replies
27421 Views
Last post January 10, 2013, 06:03
by Anyka

Sponsors

Mega Bundle of 5,900+ Professional Lightroom Presets

Microstock Poll Results

Sponsors