pancakes

MicrostockGroup Sponsors

Envato Elements

Author Topic: I need help launching a new stock site paying 80%+ commission  (Read 7437 times)

0 Members and 1 Guest are viewing this topic.

« Reply #25 on: April 03, 2017, 02:30 »
+1
Sounds exciting. The industry needs innovation. Canva has shown new ideas can succeed. Look forward to seeing what you offer.


« Reply #26 on: April 04, 2017, 00:04 »
0
Hi there!

I am hoping that the MSG community can help me out!

We are looking to launch a stock image service which pays 80%-90% commission to contributors. Before we launch, wed like to test some assumptions that weve made about the image supply side of the business; that's where you come in.

We think that we can do something really cool in the stock photography world, and at the same time, make sure that the cash paid for images gets into the hands of the people who created them.

We would really appreciate your feedback; it will help us to get going. As a gesture of thanks, if you complete all questions (including the optional ones), we will give you an extra 5% commission for the first year post-launch - make sure your email is correct so we can keep our promises!

Some of the information in this survey is sensitive (i.e. not usually something you share with just anyone), however I can assure you that no responses will be shared outside of our small team. In a way, once you complete this survey, you become a partner to our business. If our commission structure says anything, its that we value our partners.

Thank you so much for your time - we look forward to getting to know you.

https://goo.gl/forms/Wxk6xBT6UMSgIGux2

Questions: 23 (mostly quick, multiple choice)

Time to complete: 5 - 10 minutes

Why not tell us a little bit about who you are before soliciting information?

« Reply #27 on: April 04, 2017, 02:07 »
+2
Are you a contributor, buyer, or what is your experience in microstock? Will you do video?

« Reply #28 on: April 04, 2017, 02:08 »
+3
Why not tell us a little bit about who you are before soliciting information?

Yeah, 3 brief sentences of who you are and why we should invest time in helping you certainly wouldn't hurt.

« Reply #29 on: April 04, 2017, 16:14 »
+1
Why not tell us a little bit about who you are before soliciting information?

Are you a contributor, buyer, or what is your experience in microstock? Will you do video?

Yeah, 3 brief sentences of who you are and why we should invest time in helping you certainly wouldn't hurt.

Hi everyone

Happy to share some info on who we are. I genuinely appreciate your interest!

We are a team of 3 people; the other two I have known for several years.

- On the business side is myself; I work in business development in the fintech / marketing tech industry, in a successful company i joined during start up phase. Sidenote: I have background in media production and hold a degree in business and another degree in social science. I have modeled a couple stock photo shoots for fun, and definitely think i look better than the RPI of images I'm in suggests. ;)
- On the stock / photo side, there is an experienced and very successful contributor who runs a business / community training up stock photographers (value add? possibly...)
- On the tech side, there is an IT director for a global company. His interests are cybersecurity and bitcoin ( :-X).

The basic premises of what we want to are pretty simple:

- Where iStock, and indeed Uber and Airbnb are so successful, there is a compelling business model in any 'onselling platform' which accesses a low-loyalty global market (if designed and marketed well).
- Contributors are fleeced (financially) and mistreated (generally). I don't believe that this is necessary in order to have an exponentially successful business
- Uploading, keywording, payments to contributors, buyer user journey and how to cater for buyers specific requirements: list of 'systems' to which very little creativity and real innovation has been applied. We have ideas to significantly improve these systems, and believe in the market enough to give this a shot.

This is a super simplified view of what we're doing, but I hope it gives you some insight into who we are and what our approach is. Your input via the survey is one of the best ways that we can check assumptions and get ideas to make this happen.

Feel free to PM me.

Many thanks,
Jon

PS. We are not currently planning to include video initially.

« Reply #30 on: April 06, 2017, 22:56 »
0
I really like the concept but unless it is operated in a similar manner as Stocksy, were the original owners had great contacts in the advertising industry, I am sad to say I don't think it will work.
I do not know for sure but I reckon they have agreements with agencies that they are the first port of call for images and a lot will be shot as if the photographers are contracted by the agency, so that they get there bases covered and then the other work is the cream on top.

« Reply #31 on: April 07, 2017, 00:41 »
+5
The questions don't really seem to be about building a stock site, it looks like you're collecting info for marketing or some other reason.  Almost none of the questions are about making a site that contributors would want to use.  You ask 2 times for our email address.  Then sex, age, and how much we make with how many images.  The only vaguely relevant question is how we keyword, I say vaguely relevant because every site already lets you upload the metadata or keyword on the site, what's the point of that question?   I'm left thinking this is a scam, "In a way, once you complete this survey, you become a partner to our business. If our commission structure says anything, its that we value our partners."  what business am I a partner with?  I don't see a business name or any info about a business.

« Reply #32 on: April 07, 2017, 03:40 »
0
The questions don't really seem to be about building a stock site, it looks like you're collecting info for marketing or some other reason.  Almost none of the questions are about making a site that contributors would want to use.  You ask 2 times for our email address.  Then sex, age, and how much we make with how many images.  The only vaguely relevant question is how we keyword, I say vaguely relevant because every site already lets you upload the metadata or keyword on the site, what's the point of that question?   I'm left thinking this is a scam, "In a way, once you complete this survey, you become a partner to our business. If our commission structure says anything, its that we value our partners."  what business am I a partner with?  I don't see a business name or any info about a business.

Hi Tickstock

thanks for your post; i appreciate your suspicion :) You are right in saying that there is a bit of a marketing spin on the info I am collecting, but wrong in suspecting that I am collecting data for dishonest reasons. Marketing is all about understanding who you are dealing with. Stock sites have 2 'target markets' and have to convince both that the product is worthwhile. Obviously, contributors are one of these target markets. The more data, the better our understanding of who you are, but its not for any other purpose than what i've described.

Initially we were going to ask for your name, but decided against that, as we don't really need to know your name. The double email address was bad design (judge us!) due to a feature of google forms (we ask once, google forms asks once).

Regarding company details, as you can appreciate, the stock industry is very big and VERY small at the same time, and we would prefer to remain a little vague until we launch. I totally understand if that discourages some from filling out the survey, but that is unfortunately how it is (for now).

Thanks again for engaging. No feedback is without value :)

cheers,
Jon

« Reply #33 on: April 07, 2017, 04:22 »
+6
I have to say I would have completed the form if it were not for the request for an email address I don't see the necessity for it and with the best will in the world whatever your assurances your a complete stranger to me. Remove that requirement or make it optional and I suspect you would get a higher response.

« Reply #34 on: April 07, 2017, 14:06 »
+2
i don't think it's too important to give us so much (80%), as someone already mentioned the cost of the agency is high too.
i only think if you wish to get up there against ss, you must sell aggressively, ie have a good marketing share of the global
microstock market to compete against , yes you got it ss.

sales have dwindled for many ss experienced contributors since they lax on the 7/10 and filled the daily new images with absolute
garbage.  so, i would say, be like the old once super great ss, who was always in the 90% on the right of this page,
only challenged  by the also once great istock.

be like the old ss and is... and it really does not matter if you give us 80% ...
because i'd rather have 40 % of lots of dls incl SOD of 28 to 108 dollars each,
than 90% of 000 cts.
.. which was the promo of most of these redundant agenciesto the right who after years still do not reach 20 % er.

so, it's simple, be the old Oringer and we will be there for you.

« Reply #35 on: April 08, 2017, 12:18 »
+2
I have to say I would have completed the form if it were not for the request for an email address I don't see the necessity for it and with the best will in the world whatever your assurances your a complete stranger to me. Remove that requirement or make it optional and I suspect you would get a higher response.

I have gotten a fair number of responses, but would really like more, so..... your wish is my command :)

EMAIL FIELD NOW OPTIONAL IN SURVEY.

Looking forward to seeing your feedback; thanks again :)

« Reply #36 on: April 08, 2017, 12:20 »
0
i don't think it's too important to give us so much (80%), as someone already mentioned the cost of the agency is high too.
i only think if you wish to get up there against ss, you must sell aggressively, ie have a good marketing share of the global
microstock market to compete against , yes you got it ss.

sales have dwindled for many ss experienced contributors since they lax on the 7/10 and filled the daily new images with absolute
garbage.  so, i would say, be like the old once super great ss, who was always in the 90% on the right of this page,
only challenged  by the also once great istock.

be like the old ss and is... and it really does not matter if you give us 80% ...
because i'd rather have 40 % of lots of dls incl SOD of 28 to 108 dollars each,
than 90% of 000 cts.
.. which was the promo of most of these redundant agenciesto the right who after years still do not reach 20 % er.

so, it's simple, be the old Oringer and we will be there for you.

thank you very much for your feedback!

« Reply #37 on: April 11, 2017, 14:33 »
+2
Hi there MSG community!

Thought I'd go ahead and check in - we've received a great response with a whopping 1% of thread views leading to responses!

I kid - the response hasn't been overwhelming (in terms of volume), however the content of the responses have been totally invaluable. So, THANK YOU.

PS. Anyone thinking this was an April 1st joke, promise it was not! :)

Have a great morning / afternoon / evening wherever you are.

Jon

« Reply #38 on: April 14, 2017, 23:44 »
+1
Hi Jon, best of luck in doing this. We all need some new amazing agencies to change the game.

Sent from my ONEPLUS A3003 using Tapatalk


Microstock InsiderEnvato Elements

 

Related Topics

  Subject / Started by Replies Last post
4 Replies
2519 Views
Last post August 25, 2014, 10:33
by gejam
89 Replies
31899 Views
Last post May 11, 2015, 11:04
by alijaber
22 Replies
6157 Views
Last post September 04, 2017, 08:50
by jackboy
34 Replies
5587 Views
Last post March 01, 2018, 01:50
by increasingdifficulty
1 Replies
581 Views
Last post February 12, 2019, 06:08
by HalfFull

Sponsors

Microstock Poll Results

Sponsors

Envato Elements