Quote from: dragonblade on August 16, 2018, 10:09

Quote from: KevinM on August 09, 2018, 16:20
Their prices are now comparable to Shutterstock and they're paying a higher commission.

Comparable to Shutterstock? I'd say a heck of a lot better than SS. On average, my HD sales at SS have been around $17 - $22. And these days, people are getting a lot of $1.50 sales for HD and 4k clips through SS. I think VB blows SS out of the water when it comes to stock footage earnings.

The sales price is comparable to Shutterstock ($79). And then VB pays a higher commission, so yes, it's a better deal for us than SS.

ammmmm




Did they lie? 

Quote from: Video-StockOrg on August 18, 2018, 05:54
ammmmm




Did they lie? 

Might be one of those 'member sales' but seems we'll have to be in the lookout

Yes, I think they lied...

Quote from: rod-09 on August 18, 2018, 09:59
Yes, I think they lied...

Or, like so many others in 90% of any other "lie, cheat, or manipulation" situation, you just didn't read beyond the first sentence. 

You are right my friend. 

I just read more carefully the same email they sent and found out this;

"By October 15, 2018, we will raise the publicized price of HD footage to $79. This is the price that guests will pay to purchase an HD clip. "

I guess until 15 october price will remain at 49$... 

I hope I won't get any sales until October (never thought I'd say something like this).

So they are banking that the price drop till oct will get them more sales. Amazing that they are not putting their 50% of the marketing share to drive traffic and just doing a price war

Quote from: izzikiorage on August 18, 2018, 16:07
So they are banking that the price drop till oct will get them more sales. Amazing that they are not putting their 50% of the marketing share to drive traffic and just doing a price war

Yes, a full-on price war, total mayhem, for two months with a price they've had for three years... 

Quote from: increasingdifficulty on August 18, 2018, 16:20

Quote from: izzikiorage on August 18, 2018, 16:07
So they are banking that the price drop till oct will get them more sales. Amazing that they are not putting their 50% of the marketing share to drive traffic and just doing a price war

Yes, a full-on price war, total mayhem, for two months with a price they've had for three years... 

And although they could probably pull their fingers out if they wanted to... things like this usually take time. I mean they'll have been planning the commission cut for a few months to implement now, it would make sense that if they've only just decided on it, it'll take a bit of time. Maybe not that much time... but still.

Quote from: SpaceStockFootage on August 18, 2018, 17:05

Quote from: increasingdifficulty on August 18, 2018, 16:20

Quote from: izzikiorage on August 18, 2018, 16:07
So they are banking that the price drop till oct will get them more sales. Amazing that they are not putting their 50% of the marketing share to drive traffic and just doing a price war

Yes, a full-on price war, total mayhem, for two months with a price they've had for three years... 

And although they could probably pull their fingers out if they wanted to... things like this usually take time. I mean they'll have been planning the commission cut for a few months to implement now, it would make sense that if they've only just decided on it, it'll take a bit of time. Maybe not that much time... but still.

So marketing spends + a price advantage. SB is going to rock the holiday buying season

How is your August looking? Mine looks like it will be 50% down from a steady pace in 2018.

I got my first commission cut royalty. $24 bucks. Their biggest challenge will be to convince their subscribers to pay the same amount as any other agency while still paying to  subscribe.  In the end I got 4 sales from VB in Aug so far and only 2 in July.

This could be the sweet spot that ISTOCK missed if they stick to this, if they put in what they say..., I would much rather get %50 with a real partner, than %100 of being invisible like having your own site or a passive partner set up.

ISTOCK back in the day had advertising and a low price that turned into a good price for all, that could have been gently tweaked instead of gouged to support the growing co.

They would have continued to "stand out" with having original content.


Sent from my iPad using Tapatalk

Quote from: KimsCreativeHub on August 31, 2018, 22:54
This could be the sweet spot that ISTOCK missed if they stick to this, if they put in what they say..., I would much rather get %50 with a real partner, than %100 of being invisible like having your own site or a passive partner set up.

Exactly.

Visibility is everything. My sales are up several hundred percent in August now that they started marketing my clips again. $49, $79, 100%, 50%... None of that matters without marketing and lots of customers. If they need a 50% cut to market (common sense that they do really), I will gladly give them 50%. If you don't like it, market your own stuff. You will find that it's extremely expensive.

Whatever they're doing now, it can continue as far as I'm concerned. 

Good for you. My sales numbers are actually lower for August than in the last 6 months.

Not much change here post the new commissions

Well, at least it seems like they're investing some of this new 50% they're getting. Last bunch of clips I submitted took nearly four weeks to get reviewed, and it's been about that for as long as I can remember. Just submitted some more two hours ago and they've already been approved. It's a start!

Commission has been cut, and review time continues to be long.  I had some clips submitted over a month ago, and they getting reviewed 3-4 clips at a time.  The worst thing is, the review is all wrong.  I have a some established footages shot on a tripod being rejected due to shaky footages, while my hand held shots are being approved.  I have some other clips denied with incorrect keywords, when the keywords describe the landmark and time of day.  I have over 2000 clips approved on vb and this is getting pretty frustrating.  Their support is useless as usual.

Just got my first $39.50 commission from a $79 sale. Seems things are finally moving along with the announced changes. 

Haven't seen any volume increase. In fact, VB is very soft on sales for me right now. One sale a month. Last sale was half of $49.

Sales have been disappearing very fast there. 

Quote from: dragonblade on August 16, 2018, 10:09

Quote from: KevinM on August 09, 2018, 16:20
Their prices are now comparable to Shutterstock and they're paying a higher commission.

Comparable to Shutterstock? I'd say a heck of a lot better than SS. On average, my HD sales at SS have been around $17 - $22. And these days, people are getting a lot of $1.50 sales for HD and 4k clips through SS. I think VB blows SS out of the water when it comes to stock footage earnings.

agree and I was getting like $.50 on Istock thus stop uploading my 4K videos there! 

Well I got my first sale according to the "new" commission schedule. I take this is a member sale, they get a 10% rebate right?