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Shutterstock Raise & Milestones

Started by mwp1969, November 24, 2009, 21:52

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mwp1969

All MSG'ers & Newbies

Today I passed the $500 total sales milestone mark for my raise at Shutterstock.  ;D

*Highlights and details of the 2 years in stock photography newbie experience leading to reach this milestone are posted on my blog here: http://markwpayne.wordpress.com

Learning, Practice, Patience and Persistence helped me prevail to get into SS after too many applications to count. It is possible ... even when you think it is not.

June of 2007 was my first full month at SS.

32% Raise achieved 18 months after approval at SS with a portfolio of 482 images

Continue to build momentum in 2009 with this month (Nov. 2009) as a new BME at SS and overall.

I would like to give my sincere thanks to MSG and all here that freely share their knowledge and advice so that we all can become better photographers and illustrators.

Lastly ... but primarily ... I would like to thank my beloved wife Stacey (suwanneeredhead) whom I first met when our paths crossed through our stock photography circles.

-Mark
http://markwpayne.wordpress.com














suwanneeredhead

Congratulations Mark! I am so proud of you! You are so creative and motivated, you are truly an inspiration. Don't ever lose your obsession. I love you!  :-*

leaf

and here I thought shutterstock was coming out with a raise.  :P

Big congrats though.  An exciting milestone to reach!

Opla

Watch out where the huskies go...

mwp1969

#4
I received the following email:

"Congratulations! You have reached $500 or more in all time Shutterstock earnings and your Standard License payout rate has been increased to $0.33 per download.

Best Regards,

Shutterstock"

Going from .25 to .33 is huge percentage increase in the commission and will make a nice difference over time with strong  sales volume. The email made no mention of OD or EL sales. I believe in the past people had received raises on their on demand sales. Perhaps this is further evidence that ODs are going away or perhaps they just didn't  get mentioned in the email ...

-Mark

takestock

Congrats Mark! and well done.
Hope to follow in your footsteps very soon! as I am edging ever closer each day.

lisafx

Quote from: leaf on November 24, 2009, 21:55
and here I thought shutterstock was coming out with a raise.  :P

Big congrats though.  An exciting milestone to reach!

Me too.  Darn!

Congrats on your success Mark :D

gbcimages

Congrats on your milestone . I've got a ways to go ,been with them since Feb 09

packerguy

#8
Congrats!  It is nice to jump up to $0.33 per sale.  I hit that milesone in September.

BTW, You will get an OD raise as well, $1.07 and $2.48.

mwp1969

Quote from: packerguy on November 25, 2009, 14:10
Congrats!  It is nice to jump up to $0.33 per sale.  I hit that milesone in September.

BTW, You will get an OD raise as well, $1.07 and $2.48.

With the rumors about regarding whether or not OD is staying or leaving I hope to be able to realize that raise in OD commissions as well.

-Mark

Digital66


designalldone

Quote from: lisafx on November 24, 2009, 23:17
Quote from: leaf on November 24, 2009, 21:55
and here I thought shutterstock was coming out with a raise.  :P

Big congrats though.  An exciting milestone to reach!

Me too.  Darn!

Congrats on your success Mark :D

Me three, I got all excited for a minute there, lol  ;D

Anyway, well done on the milestone Mark

chasmcn

congrats on reaching the milestone ,i have been with SS 5 weeks and i got 10% of the $500 off a 100 images so hopefully more uploads might hit the target this time next year.

mwp1969

I see that even though it wasn't mentioned in my SS email that the raise applies to the OD sales as well. I received confirmation of continued OD sales with a sale at the new commission rate of 2.48.

Very nice   ;D

I wonder if the Raise applies to ELs  :o ?

-Mark

dirkr


mwp1969

Quote from: dirkr on November 27, 2009, 23:00
No, there is no raise for ELs.
Full Shutterstock royalty schedule: http://submit.shutterstock.com/earnings_schedule.mhtml

Thanks for the link. Now its time to get game on for that next level $3000 threshold for the next raise at SS.

-Mark

mwp1969

Got that first OD Sales after my SS pay raise.  $2.48 is a very nice increase  :D

I hope the ODs don't go away again ...

-Mark

Snufkin

After the raise my downloads sank :P
I used to make more before the raise with five times less images than I am doing now  :P

dirkr

Ok, I'll join in the celebrations, I will get my raise tomorrow after an EL today lifted me over the $500 mark ;D
Onto the next target (that will take longer...) :P

mwp1969

I am also wondering what percentage of SS members actually make it to that first raise ?

-Mark
http://markwpayne.wordpress.com


RacePhoto

Quote from: mwp1969 on December 14, 2009, 21:18
I am also wondering what percentage of SS members actually make it to that first raise ?

-Mark


Under 20% from extrapolating data from other sites. (in other words, educated guess)

leaf

this thread keeps coming to the top and I keep thinking we are all getting a raise.!!  ???

mwp1969

Quote from: leaf on December 15, 2009, 07:11
this thread keeps coming to the top and I keep thinking we are all getting a raise.!!  ???

Did SS say or was there ever a concrete reason to believe there would be a raise for everyone in 2009 ?

-Mark

leaf

Quote from: mwp1969 on December 15, 2009, 07:26
Quote from: leaf on December 15, 2009, 07:11
this thread keeps coming to the top and I keep thinking we are all getting a raise.!!  ???

Did SS say or was there ever a concrete reason to believe there would be a raise for everyone in 2009 ?

-Mark

There has been a raise every year in the spring, ... maybe since they started, I'm not sure.  Last year was the first year without a raise.

sam100

Quote from: leaf on December 15, 2009, 09:12
Quote from: mwp1969 on December 15, 2009, 07:26
Quote from: leaf on December 15, 2009, 07:11
this thread keeps coming to the top and I keep thinking we are all getting a raise.!!  ???

Did SS say or was there ever a concrete reason to believe there would be a raise for everyone in 2009 ?

-Mark

There has been a raise every year in the spring, ... maybe since they started, I'm not sure.  Last year was the first year without a raise.

Correct.

Patrick H.