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Shutterstock sales is sinking deeply...

Started by captain, January 18, 2015, 03:08

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weymouth

Think it was here? someone metioned they had accepted something like 60000 new images in one week, if so that speaks for itself. They are slowly creating a situation where the supply outstrip the demand plus all other agencies with lots of similars. All creating a very unhealthy business.

As you say, win and lose. When SS enforce a sort order change they take no prisoners, one side jumping for joy with the losing side totally annihilated. Trying to find some sort of a fair balance is no option. In fact its all based on short term hoping-for-more-profit thinking.
The old staff either left or was made redundant, the bean-counters moved in and the result is all too obvious.

Hongover

SS sales are still very healthy. There are occasional days where it dips, but it always picks itself up the next day. SS has the highest sales by far and it made me wish I started years earlier.

August was a pretty nice month on SS and I'm expecting September downloads to be nearly 1:1 with my portfolio.




Dumc

Yes this August was my BME in number of sales. But not in $. I wish I had more ODD's.

weymouth

Sure they are! I had a great August with some nine EL's and four single-sales alone. No complaints there. Business however takes a bit more imagination then just counting money, thats the easy part and if there is no money to count its even easier, saves counting :)

Sustainability is the name of the game. Do you think we still have terrific days when they reach 100 million images in files? takes years and years to build up a company, a reputation but only one bad move, five seconds to ruin it.

kaboom

Quote from: weymouth on September 03, 2015, 07:00
Think it was here? someone metioned they had accepted something like 60000 new images in one week.

Currently it is almost 500 000 new images every week. That is 2 million new images every month   :(

weymouth

Quote from: kaboom on September 03, 2015, 07:45
Quote from: weymouth on September 03, 2015, 07:00
Think it was here? someone metioned they had accepted something like 60000 new images in one week.

Currently it is almost 500 000 new images every week. That is 2 million new images every month   :(

Absurdity has no ends!

Justanotherphotographer

Just started a related thread, this could have something to do with it!

http://www.microstockgroup.com/shutterstock-com/image-spam/msg430414/?topicseen#new

"Do a search for "luck sadly wink" on SS (just to bring up examples). Does SS ever pull people up for spamming or is it just happy to be able to claim to have a massive collection even though a huge chunk is the same images spamming the search results?"

LesPalenik

Quote
Currently it is almost 500 000 new images every week. That is 2 million new images every month 

If 500 000 images are accepted in a week, assuming a 50% acceptance rate, 1 million images are uploaded every week.
If the acceptance rate is 25%, then 2 million images are uploaded every week. That would correspond with over 100 million submitted images in one year.
Not too many contributors can keep up with this. Unless they submit 100 similars for each concept.

weymouth

Yes and this is what happens when you collect assets in the shape of pictures, jut to impress share-holders. Only thing is...... its our pictures, our assets.

just a thought.

Nikovsk

So we have to double our portfolio every two years just to keep with the flow.

etudiante_rapide

Quote from: Justanotherphotographer on September 03, 2015, 08:33
Just started a related thread, this could have something to do with it!

http://www.microstockgroup.com/shutterstock-com/image-spam/msg430414/?topicseen#new

"Do a search for "luck sadly wink" on SS (just to bring up examples). Does SS ever pull people up for spamming or is it just happy to be able to claim to have a massive collection even though a huge chunk is the same images spamming the search results?"

good point. the shareholders cheer for that hype on xxx million inventory and x million a month new images. and most of it are what dreamstime would consider similars. one site encourage million similars another site reject any more than 2.

maybe if we all delete what has  zero dl from our port
and then wait a month to upload as "new"  , we can play their dirty game of boosting their
hype of more million new images per month, week, day,...
and maybe even get sales as the existing ones are as good as buried skeletons or (gusanos) worms by now

Rinderart

Quote from: weymouth on September 03, 2015, 08:40
Yes and this is what happens when you collect assets in the shape of pictures, jut to impress share-holders. Only thing is...... its our pictures, our assets.

just a thought.

Shutterstock and every other site Owns NOTHING. Zero assets. Amazing Business Huh? Don't make anything, rent some servers and bingo.

Rinderart

Quote from: Hongover on September 03, 2015, 07:10
SS sales are still very healthy. There are occasional days where it dips, but it always picks itself up the next day. SS has the highest sales by far and it made me wish I started years earlier.

August was a pretty nice month on SS and I'm expecting September downloads to be nearly 1:1 with my portfolio.

If you had started in the beginning then You would know how much it has dropped.

Rinderart

Quote from: etudiante_rapide on September 03, 2015, 16:26
Quote from: Justanotherphotographer on September 03, 2015, 08:33
Just started a related thread, this could have something to do with it!

http://www.microstockgroup.com/shutterstock-com/image-spam/msg430414/?topicseen#new

"Do a search for "luck sadly wink" on SS (just to bring up examples). Does SS ever pull people up for spamming or is it just happy to be able to claim to have a massive collection even though a huge chunk is the same images spamming the search results?"

good point. the shareholders cheer for that hype on xxx million inventory and x million a month new images. and most of it are what dreamstime would consider similars. one site encourage million similars another site reject any more than 2.

maybe if we all delete what has  zero dl from our port
and then wait a month to upload as "new"  , we can play their dirty game of boosting their
hype of more million new images per month, week, day,...
and maybe even get sales as the existing ones are as good as buried skeletons or (gusanos) worms by now

LOL!!!!!!! I've done it and it works Like a charm.

Hongover

Quote from: Rinderart on September 03, 2015, 18:03
Quote from: Hongover on September 03, 2015, 07:10
SS sales are still very healthy. There are occasional days where it dips, but it always picks itself up the next day. SS has the highest sales by far and it made me wish I started years earlier.

August was a pretty nice month on SS and I'm expecting September downloads to be nearly 1:1 with my portfolio.

If you had started in the beginning then You would know how much it has dropped.

I live my life knowing that any good thing can end one day. I've been though it many times in my life and when it happens, I do what I have to do, move on to something else. I know a guy who made $10,000 on a basic app when he was just in HS. Today, he knows he can't make anything in the app store. However, he's still $10,000 richer than if he started building apps today.

If I had started earlier, my images would have climbed up the rankings quickly and generated enough momentum for years. Now I have to slowly wait until it climbs up, in a much more competitive environment. Yeah, if I started years ago, maybe I would have seen a drop, but I'd still be making more than I am today. Not to mentioned all the skills I could have learned.

madman

I know that, earning system of shutterstock is highly based on your new upload amount.

weymouth

Well if based on amounts of uploads then a friend of mine would be extremely well off. Port of 22000 files, joined in 2009. He upload in thousands all the time. His earnings took a 40% dive this year. There are many more examples.

So called factories are probably well looked after and somehow I am sure the little people must get some sort of a favour if not only to keep the interest going.

It's all wide speculation I guess.

madman

ok so, sometimes I stop uploading new images and my weekly revenue decreases in proportion, at least valid for me.

Belish

Does anybody know how often I should upload new content to SS so my portfolio be doing well at the search results? Is it once per month, week or day?
I'm new member with constantly growing port so I can not test those hypotheses that say regular uploads make your port/images more popular.
So... is uploading 2 images every day better than uploading 14 every week?

60D

Quote from: Cylonphoto on September 04, 2015, 08:53
So... is uploading 2 images every day better than uploading 14 every week?

I have tried that, but couldn't see more sales. I think it's more about what and how many, rather than when, you upload...

cobalt

Maybe I am imagining it, but I had the impression that if I upload 20-30 files on one day, I got a slightly better result than uploading 5 files a day. However spreading files out gives you a mix of reviewers and maybe better acceptance rates.

But just to upload something every week, that seems to be important.

weymouth

Maybe? its easy to imagine and guess anything as far as SS is concerned. One can become slightly paranoid :) the one thing I know for sure is, don't upload anything so that the weekend reviewers get their hands on it. Bound to get rejected!

Hongover

I'm still not sure where people get the sentiment that you need to "keep up" with SS. I haven't uploaded much to SS in the last few weeks and nothing has changed except an uptick in downloads. I don't think there is some conspiracy where SS down-rank older images and give favoritism to newly uploaded images.

I think it has more to do with other images getting more downloads, so they move up the rankings as opposed to SS move images down in rank to make place for newer images. It has everything do with competition and people need to accept the possibility that others may have better images than you do, causing your download numbers to suffer.

60D

Quote from: Hongover on September 05, 2015, 00:54
I'm still not sure where people get the sentiment that you need to "keep up" with SS. I haven't uploaded much to SS in the last few weeks and nothing has changed except an uptick in downloads. I don't think there is some conspiracy where SS down-rank older images and give favoritism to newly uploaded images.

I think it has more to do with other images getting more downloads, so they move up the rankings as opposed to SS move images down in rank to make place for newer images. It has everything do with competition and people need to accept the possibility that others may have better images than you do, causing your download numbers to suffer.
Cannot agree more.