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Author Topic: The Exclusive Math  (Read 760 times)

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« on: April 10, 2019, 04:03 »
+1
Hey all,
So as there is a lot of discussion regarding the P5 Exclusive program, which I really feel is kind of a scam.
Are there are really contributes who believe that P5E sales can be greater than all other stocks combined?

60% P5 sales > 30% of All other stocks sales (including the P5 40%)? Who would go for it?

It's not only P5. ISE, the new Vimeo stock, and some other stocks, does any of them has the economic power for convincing contributes to be exclusive?
I've been selling stocks for 3 years now and I just don't see it. They all share the market, and for me, different shots are being sold in the different stocks.
The way the market looks like (referring also the the polls in here), it has no sense for contributes at all.
Maybe for new contributors? That doesn't know sh*t?
It does make sense for P5, that in a very impressive rhetoric phrasing (soooo American) have reduced our cut from 50% to 40%, using the exclusive program as a huge fig leaf.
Personally I don't care, it's business and 40% is still fine, just leave us from the exclusive BS.
A stock that REALLY wants to help contributes ? Refer your energy in bringing us more sales, this is why you take 60-70% commission, right?


« Reply #1 on: April 10, 2019, 04:52 »
+1
There are a lot of people that don't do stock full time. Uploading to a myriad of agencies and always following up on their latest problems is not for everyone.

I was exclusive for many years, it really was easier.

So I can understand if many producers prefer to just work with one place and pond5 is probably still the biggest marketplace for video, or maybe just neck on neck with Shutterstock.

You can do your own pricing. Which means you can set much higher prices than anywhere else. If you have unique content or simply have decided on a higher minimum payout level for your files, then again pond5 is the place to be. Being exclusive will support even more customers going to pond5 to look for exclusive content. If your content sells well, this alone should help balance any losses from other places.

Pond5 always had a very large group of loyal producers who were just uploading there anyway, so now this will be recognized and be visible to customers.

For me, I decided to open an exclusive account and will try to find a good theme to fill it with.

I also have exclusive images on Stocksy or Westend, exclusive content are just part of an overall diversification strategy.

It is not for everyone. If it doesn't appeal to you, just don't do it.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #2 on: April 10, 2019, 09:18 »
+1
Yes for me the math works, and because I'm lazy. Also because P5 distributes to Vimeo and Adobe. Although I have no clue if that is vetted or what percentage. I won't need to upload to more than one place and I'll get 2-3X more for every download.

I am not a regular or large video producer. For those people the situation could be very different

Yes you are right, the 40% is still a nice reward and better than most other sites.

« Reply #3 on: April 16, 2019, 17:06 »
+2
Hey all,
So as there is a lot of discussion regarding the P5 Exclusive program, which I really feel is kind of a scam.
Are there are really contributes who believe that P5E sales can be greater than all other stocks combined?

60% P5 sales > 30% of All other stocks sales (including the P5 40%)? Who would go for it?

It's not only P5. ISE, the new Vimeo stock, and some other stocks, does any of them has the economic power for convincing contributes to be exclusive?
I've been selling stocks for 3 years now and I just don't see it. They all share the market, and for me, different shots are being sold in the different stocks.
The way the market looks like (referring also the the polls in here), it has no sense for contributes at all.
Maybe for new contributors? That doesn't know sh*t?
It does make sense for P5, that in a very impressive rhetoric phrasing (soooo American) have reduced our cut from 50% to 40%, using the exclusive program as a huge fig leaf.
Personally I don't care, it's business and 40% is still fine, just leave us from the exclusive BS.
A stock that REALLY wants to help contributes ? Refer your energy in bringing us more sales, this is why you take 60-70% commission, right?

If you want to take control of the content and stop this race to the bottom then p5 exclusive is the way to go. If we all jump ship to exclusive then there won't be any more 1.50 sales such as on shutterstock. We make the prices and control this market, don't forget it. You have an opportunity to make a change within this industry, don't squander it.

« Reply #4 on: April 16, 2019, 18:30 »
0
Hey all,
So as there is a lot of discussion regarding the P5 Exclusive program, which I really feel is kind of a scam.
Are there are really contributes who believe that P5E sales can be greater than all other stocks combined?

60% P5 sales > 30% of All other stocks sales (including the P5 40%)? Who would go for it?

It's not only P5. ISE, the new Vimeo stock, and some other stocks, does any of them has the economic power for convincing contributes to be exclusive?
I've been selling stocks for 3 years now and I just don't see it. They all share the market, and for me, different shots are being sold in the different stocks.
The way the market looks like (referring also the the polls in here), it has no sense for contributes at all.
Maybe for new contributors? That doesn't know sh*t?
It does make sense for P5, that in a very impressive rhetoric phrasing (soooo American) have reduced our cut from 50% to 40%, using the exclusive program as a huge fig leaf.
Personally I don't care, it's business and 40% is still fine, just leave us from the exclusive BS.
A stock that REALLY wants to help contributes ? Refer your energy in bringing us more sales, this is why you take 60-70% commission, right?

For someone who don't care you come across as aggressive towards the deal, as though it was a threat?
As far as the math is concerned, if you have what may be considered premium content, but are not favoured by other agencies you have the opportunity to set premium prices and at 60% one sale could be worth 10 at other agencies, as well as getting a decent cut for your not so premium offerings.  Partner sales at adobe and vimeo also mean that different content that isn't to Pond5 buyers liking may get a chance as well.  Give it a go with 10% of your new work, call it an hedge against future subscription offerings by the other agencies.

« Reply #5 on: April 17, 2019, 14:36 »
0
Hey all,
So as there is a lot of discussion regarding the P5 Exclusive program, which I really feel is kind of a scam.
Are there are really contributes who believe that P5E sales can be greater than all other stocks combined?

60% P5 sales > 30% of All other stocks sales (including the P5 40%)? Who would go for it?

It's not only P5. ISE, the new Vimeo stock, and some other stocks, does any of them has the economic power for convincing contributes to be exclusive?
I've been selling stocks for 3 years now and I just don't see it. They all share the market, and for me, different shots are being sold in the different stocks.
The way the market looks like (referring also the the polls in here), it has no sense for contributes at all.
Maybe for new contributors? That doesn't know sh*t?
It does make sense for P5, that in a very impressive rhetoric phrasing (soooo American) have reduced our cut from 50% to 40%, using the exclusive program as a huge fig leaf.
Personally I don't care, it's business and 40% is still fine, just leave us from the exclusive BS.
A stock that REALLY wants to help contributes ? Refer your energy in bringing us more sales, this is why you take 60-70% commission, right?

For someone who don't care you come across as aggressive towards the deal, as though it was a threat?
As far as the math is concerned, if you have what may be considered premium content, but are not favoured by other agencies you have the opportunity to set premium prices and at 60% one sale could be worth 10 at other agencies, as well as getting a decent cut for your not so premium offerings.  Partner sales at adobe and vimeo also mean that different content that isn't to Pond5 buyers liking may get a chance as well.  Give it a go with 10% of your new work, call it an hedge against future subscription offerings by the other agencies.

I was going to upload all of my new stuff there but my SS sales are too strong. Maybe I'll place 10% on exclusive like you suggest to test the waters. Can't put all our eggs in one basket no matter how big the basket is.


 

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