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Author Topic: 100% commission site VideoBlocks opened! I see a few major content producers.  (Read 31908 times)

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« on: April 10, 2015, 23:31 »
0
http://www.videoblocks.com/videos/footage?tab=marketplace

I see a few major video content producers there already.  I hope this will make others to increase the commission rate!!

Some major stock video producers on VideoBlocks already.

http://www.videoblocks.com/portfolio/Wavebreak+Media

http://www.videoblocks.com/portfolio/hotelfoxtrot

http://www.videoblocks.com/portfolio/dubassy
« Last Edit: April 12, 2015, 21:10 by helloitsme »


StockPhotosArt.com

« Reply #1 on: April 11, 2015, 02:22 »
+7
I'm relatively interested on videoblocks but there are things that don't add-up to me.

If I understand it right videoblocks profit solely on the subscription service and the fees paid by their customers. They do not earn a dime from the deals made in the marketplace since we keep 100% of the sales.

But what will happen when the sales from the marketplace outgrow the ones from the subscription plan and customers loose their interest in paying the subscription fees since they only have a fraction of all they need, compared to the marketplace? Won't costumers start asking for single downloads options, or to have the videos from the marketplace included on the Unlimited Library?

Will we then have our videos moved to the Unlimited Library section, or will videoblocks start charging a commission on our $49 sales?

At this moment I'm already seeing 57k videos on the Unlimited Library and 137k on the marketplace. What will happen when the Unlimited Library becomes obsolete and no longer appealing to buyers? Won't videoblocks risk losing the busines unless they do what I mentioned earlier?

Can someone clarify me how this work today, or the risks we may be facing in the near future?

« Reply #2 on: April 11, 2015, 08:38 »
0

« Reply #3 on: April 11, 2015, 08:48 »
+3
Some major stock video producers on VideoBlocks already.

http://www.videoblocks.com/portfolio/Wavebreak+Media

http://www.videoblocks.com/portfolio/hotelfoxtrot

http://www.videoblocks.com/portfolio/dubassy


Aside from number of videos, I didn't see a lot that impressed me in there.

ShadySue

« Reply #4 on: April 11, 2015, 08:53 »
+3
Some major stock video producers on VideoBlocks already.
Bear in mind that these may have been given golden hellos in order to attract other providers.

« Reply #5 on: April 11, 2015, 10:53 »
+2
I hope im wrong in this -in which case i will contribute there asap- but it seems like this whole marketplace deal is to drive massive traffic to their already established pool,where the prices -last time i looked- are ridiculously low there and some clips had hundreds if not thousands of downloads already.
Otherwise it makes no sense whatsoever why the full commission.They may sell some stuff from the marketplace but i don't think that's their goal at all.
I think time will tell eventually.

Uncle Pete

« Reply #6 on: April 11, 2015, 22:27 »
+1
Don't know but here's their claim:

"To date our members have downloaded more than 25,000,000 pieces of content. If our customers had downloaded the exact same content from a marketplace with a traditional pay-per-download model (say, Shutterstock), they would have had to pay in the neighborhood of $1.75 billion (with a b). Thats enough to make anyone feel kind of blue. "

http://www.wearevideoblocks.com/what-we-do/

Is Shutterstock a traditional pay per download site now?  ???

StockPhotosArt.com

« Reply #7 on: April 12, 2015, 02:49 »
0
(...) it seems like this whole marketplace deal is to drive massive traffic to their already established pool (...)
(...) Otherwise it makes no sense whatsoever why the full commission.They may sell some stuff from the marketplace but i don't think that's their goal at all. (...)

I think that is, apparently, their main goal. But intentional or not, I think this has the potential to become the biggest trap we have seen for stock artists with serious consequences to the stock footage market!

As I questioned earlier, but still not responded by the people from videoblocks, what will happen when their Unlimited Library gets, lets say, 100k clips and the Marketplace 1 or 2 million?

Who's the costumer that will be willing to pay a subscription fee for the Unlimited Library, which very soon will be obsolete and of limited usefulness, only to buy almost all of their clips from the Marketplace where they will have an extra expense by paying per download?

Won't clients be upset to pay for a service that doesn't bring them much value, and then to pay an extra for each content they do in fact need?

At that point videoblocks will surely either integrate the marketplace in the subscription pool, or start charging a commission on each $49 sale.

They won't be ale to raise the prices for the marketplace downloads from $49 to, let's say, $69 in order to get a cut on the sale without getting a very hostile reaction from the clients. So they will get a cut on that $49. How much is what we'll see.

If anyone from videoblocks could answer this I think it would be very useful, because at this point this is looking too good to be true.
« Last Edit: April 12, 2015, 02:52 by StockPhotosArt »

« Reply #8 on: April 12, 2015, 07:38 »
+4
So, you guys prefer the agencies that pay you 30% after all rather than 100%?  Give them a chance.  You can easily delete your clips if you want.  People find a way to complain at anything!! 

« Reply #9 on: April 12, 2015, 08:02 »
+2
So, you guys prefer the agencies that pay you 30% after all rather than 100%?  Give them a chance.  You can easily delete your clips if you want.  People find a way to complain at anything!!

It would be nice if VB did chime in here and clarify. However, whatever they say "applies today" does not "apply tomorrow" in most stock circumstances. I think that might be more along the lines of what SPA is saying.  What some of us are doing is being forward looking. The strategy might be great today but what's the VB strategy under the circumstances SPA rightfully states? To me that is a huge unanswered question. Mainly because at $49, which at 100% is already close to what some of us get on P5 at 50% can easily be reduced when VB reaches an inevitable crossroads decision. Say they claim "unsustainability" and have to take $20 from each sale. This is a monstrous, VERY LIKELY (and horrible) scenario that I would love to hear VB chime in to clarify.

Like I've mentioned before, the big deal to me is that VB gains significant market share, then clobbers the contributor with the above scenario. The RISK is that they take enough market share that it impacts sales at other good paying sites while contributors now get less at VB. Even if I were at VB and pulled my port, I am completely impacted because of the market traction they steal from other agencies. They become the cheap place to go for video, like the Dollar Photo Club for video (like Big Stock is doing). If they get enough content from videographers who either don't care or don't do their homework, we're sunk.  I mean, $49 for a video vs. $79 on SS or P5 is simply competing on price. What happens then? SS will have to lower their selling price and P5 will be forced to enact some scheme to control pricing & reduce commissions.

This is no poke at you, helloitsme, just that I think there is one very "critical to quality" question that deserves some framework explanation from VB before we all jump in as contributors.

StockPhotosArt.com

« Reply #10 on: April 12, 2015, 08:22 »
+2
So, you guys prefer the agencies that pay you 30% after all rather than 100%?  Give them a chance.  You can easily delete your clips if you want.  People find a way to complain at anything!!

I think that the questions I made are justified, legitimate and logical. They are not a random rant, and I wish the people from videoblocks would answer them.

I understand your enthusiasm for an agency that promises to offer 100% royalty. Everyone is excited about that. But as I've stated, I have several doubts about their business model especially about the future since I do not see it as sustainable in the current mold.

Their Unlimited Library will very soon be irrelevant when compared to the Marketplace. What will happen when clients no longer feel it's viable to pay a fee and then having to additionally spend hundreds of dollars in the marketplace because the content is richer and better? Content that is already available on Pond5, for example, for similar prices to what is charged in VB in most part, if not cheaper?

Contrary to what you say I'm not complaining. I'm asking valid questions because I am in fact interested in joining videoblocks, but need to understand certain things so I do not end up risking my time, my portfolio and eventually damaging the footage stock market, regardless how small I am.

In fact, it's because people only think about the now and forget about the future that many end bitterly regretting having joined certain agencies. In case you haven't noticed stock is a business and we must think logically.

If you have any answers to my questions, and are allowed to speak in VB name, I'd appreciate you would answer them.
« Last Edit: April 12, 2015, 08:27 by StockPhotosArt »

ShadySue

« Reply #11 on: April 12, 2015, 08:28 »
+4
So, you guys prefer the agencies that pay you 30% after all rather than 100%?  Give them a chance.  You can easily delete your clips if you want.  People find a way to complain at anything!!
You need to be really careful.
Once you've uploaded content anywhere, you really have very little control over what they do with it, even if you delete them from the main site or close your account.
I was bitten this way back in 35mm days, and of course, misappropriation of submitted files is so much easier in the digital age.

Sure, I'm probably over-cautious now; but if something looks too good to be true, it probably is. We all have a duty to ourselves to do 'due diligence'. Ask ALL the questions, question the answers, make sure it rings true.
E.g. Stocktal. They sent shills over here, couldn't answer the questions, and where are they now?

How do we know that all 'our' full size files we find on scam sites haven't been sold to them by agencies people uploaded to, thinking they were genuine start-ups?
« Last Edit: April 12, 2015, 13:46 by ShadySue »

« Reply #12 on: April 12, 2015, 13:54 »
+2
So, you guys prefer the agencies that pay you 30% after all rather than 100%?  Give them a chance.  You can easily delete your clips if you want.  People find a way to complain at anything!!
You need to be really careful.
Once you've uploaded content anywhere, you really have very little control over what they do with it, even if you delete them from the main site or close your account.
I was bitten this way back in 35mm days, and of course, misappropriation of submitted files is so much easier in the digital age.

Sure, I'm probably over-cautious now; but if something looks too good to be true, it probably is. We all have a duty to ourselves to do 'due diligence'. Ask ALL the questions, question the answers, make sure it rings true.
E.g. Stocktal. They sent shills over here, couldn't answer the questions, and where are they now?

How do we know that all 'our' full size files we find on scam sites haven't been sold to them by agencies people uploading to what they thought were genuine start-ups?

I read too many comments on this forum of people willing to try all these start up sites in hopes of getting something back. I agree with your genuine concern and I don't trust any of these sites. They just want to make money with content they haven't created themselves and its amazing to me how easily people give it to them.
Think about it people... Some might start a site with genuine intentions in the beginning (they always want to make money tho) to help other artists out. What if that venture fails? And most ventures will fail... If there is a way for them to monetize on the content they received like lets say getting $10,000 one time deal to sell to a 3rd party all the thousands of images they have at their disposal, how many would have the moral compass to say no to that and just face that their months of work went into getting nothing. They will find a way to make excuses for giving away other peoples work that they never ever met in life... WAKE UP and stop giving your work away to strangers who owes you nothing.

Noedelhap

  • www.colincramm.com

« Reply #13 on: April 12, 2015, 19:01 »
+1
I think a lot of valid questions have been asked above me, with regards to what future scenarios could arise. However, for the moment, I'll give them the benefit of the doubt. If the current models outgrows itself and management starts to make questionable decisions,  I'll pull my files. I doubt they will be able to steal a significant amount of market share from SS or Pond5 in the near future.

StockPhotosArt.com

« Reply #14 on: April 13, 2015, 01:47 »
+1
(...) for the moment, I'll give them the benefit of the doubt.
(...)If the current models outgrows itself and management starts to make questionable decisions,  I'll pull my files.
(...) I doubt they will be able to steal a significant amount of market share from SS or Pond5 in the near future.

And this is exactly what I am talking about.

So, you are willing to take a risk on an agency that you recognize haven't answered valid questions in this topic and others (I would add vital questions) that could severely damage the market and endanger your portfolio, when you do not even believe they will have great relevance in the near future... Oooook...

Anyway, if in they do get a significant amount of market share and one of the worst scenarios arises, you believe that by then pulling out the portfolio will make a difference...

Let me tell you that I've seen tenths of boycotts and pulling of portfolios from several agencies. In some cases agencies being the target for these actions more than once. But not only they are still around and strong but the damage they've done endured to this day. Once a price has dropped, they will never go up.

And once an agency becomes very relevant to you your income, contrary to what you say, you will not pull your portfolio. Even if you do, 99% of the other contributors won't, making your action irrelevant. This is what I've been seeing since 2006 with the consequences we are facing today.

Video is still a very controlled market. Keep it that way supporting only agencies that leave you absolutely no doubt about their intentions, strategy and capacity to finance themselves without having to resort to dubious actions in order to survive.

The right side of this page is full of these cases. Almost all never got relevant but helped damage the photography market in senseless price wars, dilution of portfolio, and loosing of control of the artists portfolio.

« Reply #15 on: April 13, 2015, 02:00 »
+2
So, you are willing to take a risk on an agency that you recognize haven't answered valid questions in this topic and others (I would add vital questions) that could severely damage the market and endanger your portfolio, when you do not even believe they will have great relevance in the near future....

Video is still a very controlled market. Keep it that way supporting only agencies that leave you absolutely no doubt about their intentions, strategy and capacity to finance themselves without having to resort to dubious actions in order to survive.


Hmm...
Polite reminder that those agencies were once beginners too!
Sadly there seems to be a trend going around Top and Mid tier agencies not to answer any question.

Nothing wrong to give new folks a chance.

Time will tell!  :)
 
« Last Edit: April 13, 2015, 02:06 by KnowYourOnions »

StockPhotosArt.com

« Reply #16 on: April 13, 2015, 02:17 »
0

Video is still a very controlled market. Keep it that way supporting only agencies that leave you absolutely no doubt about their intentions, strategy and capacity to finance themselves without having to resort to dubious actions in order to survive.


Hmm...
Polite reminder that those agencies were once beginners too!

Nothing wrong to give new folks a chance.

Time will tell!

I know that, and on limited cases I've supported new agencies just to find out the disaster I got into. In the right side of this page many agencies got great support from contributors from the start and where are they now? The only relative newcomer that got up on that list is Depositphotos and we all know what's been happening with them, where contributors get 3% commission on some deals..

Every time they are talked about now in this forum it's about very worrying things, like non-payments, no answer to mails, inability to delete portfolios, lack of control over partners, etc, etc, etc.

But in Videoblocks case, contrary to most new agencies there's a huge, REALLY HUGE, doubt about their business model and sustainability right from the start.

As I said, I am interested to submit to Videoblocks but this is a business and I don't want to jeopardize the market and my portfolio by supporting an agency that is yet to respond to many valid and critical questions on different topics.

« Reply #17 on: April 13, 2015, 02:50 »
+5
(...) for the moment, I'll give them the benefit of the doubt.
(...)If the current models outgrows itself and management starts to make questionable decisions,  I'll pull my files.
(...) I doubt they will be able to steal a significant amount of market share from SS or Pond5 in the near future.

And this is exactly what I am talking about.

So, you are willing to take a risk on an agency that you recognize haven't answered valid questions in this topic and others (I would add vital questions) that could severely damage the market and endanger your portfolio, when you do not even believe they will have great relevance in the near future... Oooook...

Anyway, if in they do get a significant amount of market share and one of the worst scenarios arises, you believe that by then pulling out the portfolio will make a difference...

Let me tell you that I've seen tenths of boycotts and pulling of portfolios from several agencies. In some cases agencies being the target for these actions more than once. But not only they are still around and strong but the damage they've done endured to this day. Once a price has dropped, they will never go up.

And once an agency becomes very relevant to you your income, contrary to what you say, you will not pull your portfolio. Even if you do, 99% of the other contributors won't, making your action irrelevant. This is what I've been seeing since 2006 with the consequences we are facing today.

Video is still a very controlled market. Keep it that way supporting only agencies that leave you absolutely no doubt about their intentions, strategy and capacity to finance themselves without having to resort to dubious actions in order to survive.

The right side of this page is full of these cases. Almost all never got relevant but helped damage the photography market in senseless price wars, dilution of portfolio, and loosing of control of the artists portfolio.

I don't know why there is so much negativity. It's fair to say the average price of a video on Pond5 is around $50 but we certainly don't get all of that...so to get the full sale price of $49 is an attractive proposition. I think some people are missing the point that VideoBlocks may actually be trying to do something constructive for the contributors with a different concept.

StockPhotosArt.com

« Reply #18 on: April 13, 2015, 02:59 »
0
I don't know why there is so much negativity. It's fair to say the average price of a video on Pond5 is around $50 but we certainly don't get all of that...so to get the full sale price of $49 is an attractive proposition. I think some people are missing the point that VideoBlocks may actually be trying to do something constructive for the contributors with a different concept.

I don't think anyone is missing the point that VB may trying to do something constructive. Just like the tenths of previous attempts you see on the right side. But after 9 years in this business (to me is my sole source of income) I just don't run after every carrot put in front of my nose without thinking in the future.

All I need is an answer from VB regarding their business model and the long term sustainability, because I cannot see it.

If in the future they end up taking 50% of that $49, which I do know is on par with the average sale on P5, all it proves is that the current 100% offer is the mentioned carrot.

« Reply #19 on: April 13, 2015, 03:27 »
0

Quote

I don't know why there is so much negativity. It's fair to say the average price of a video on Pond5 is around $50 but we certainly don't get all of that...so to get the full sale price of $49 is an attractive proposition. I think some people are missing the point that VideoBlocks may actually be trying to do something constructive for the contributors with a different concept.

If you  go back and read all the recent VB threads here including this one from the beginning you will come to the (sad) conclusion that this "different concept" has never been described or proposed officially.It is wishful thinking from our part and nothing else,and i cant blame us.

It is something that we all hope it exists and actually someone or some people with that frame of mind actually said that major internet personas such as neumann wouldnt be crazy to upload there as well and that the VB model reminded them of the walmart model or something
and of course VB spokesman came in at just about the right time and said in his deep sensous voive  "yes, bingo, thats pretty much it kiddo"  and we all lost it and went to upload our stuff there.

Well then sorry for sounding negative but this is almost way too surreal to take seriously so i will sound like a comedian then (a mediocre one).

« Reply #20 on: April 13, 2015, 03:35 »
+1

Quote

I don't know why there is so much negativity. It's fair to say the average price of a video on Pond5 is around $50 but we certainly don't get all of that...so to get the full sale price of $49 is an attractive proposition. I think some people are missing the point that VideoBlocks may actually be trying to do something constructive for the contributors with a different concept.

If you  go back and read all the recent VB threads here including this one from the beginning you will come to the (sad) conclusion that this "different concept" has never been described or proposed officially.It is wishful thinking from our part and nothing else,and i cant blame us.

It is something that we all hope it exists and actually someone or some people with that frame of mind actually said that major internet personas such as neumann wouldnt be crazy to upload there as well and that the VB model reminded them of the walmart model or something
and of course VB spokesman came in at just about the right time and said in his deep sensous voive  "yes, bingo, thats pretty much it kiddo"  and we all lost it and went to upload our stuff there.

Well then sorry for sounding negative but this is almost way too surreal to take seriously so i will sound like a comedian then (a mediocre one).

At the risk of sounding simplistic...if they have to charge a commission on sales in the end, we're not going to be worse off than we are with any other agency.

« Reply #21 on: April 13, 2015, 03:42 »
+2
Quote

Hmm...
Polite reminder that those agencies were once beginners too!
Sadly there seems to be a trend going around Top and Mid tier agencies not to answer any question.

Nothing wrong to give new folks a chance.

Time will tell!  :)

VB is not a beginner though.
They have been around for years,they just operate in a different business model,they hire people to create content to which they have exclusive rights to sell in bulk or per download.
Nothing wrong with that,its just that now they try to steal a piece of the shrinking pie of the other stock agencies (again nothing wrong with that) ,but they havent proposed a model for doing that,that makes sense for THEM.
They will pay contributors full commission,but thats impossible financially and ethically (i dont trust anyone in this business,economy,and universe, who wants to make money from my work ESPECIALLY when he proposes a win-win scenario)

How will they cover expenses if suddenly 2 million files find their way there in 6 months time?Do we know anything about them?Can they expand to cover this amount of work?
Apparently no because these things dont make sense,and thats why i believe that their major concern is to "steal" traffic from ss and p5 and the rest.
After all the 3 major producers of video someone posted earlier have uploaded 25-30% of the total clips on the marketplace.Thats major traffic by itself.
« Last Edit: April 13, 2015, 04:08 by gcrook »

« Reply #22 on: April 13, 2015, 03:45 »
+1

Quote
At the risk of sounding simplistic...if they have to charge a commission on sales in the end, we're not going to be worse off than we are with any other agency.

Too many "if's" though.Lets just all zoom out a bit and look at the big picture.Are we suddenly already wishing/waiting for a soft backlash?
I wish they had said from the start that they would give us 50%commission.I would alreeady have uploaded everything i have.

Noedelhap

  • www.colincramm.com

« Reply #23 on: April 13, 2015, 05:59 »
+2
(...) for the moment, I'll give them the benefit of the doubt.
(...)If the current models outgrows itself and management starts to make questionable decisions,  I'll pull my files.
(...) I doubt they will be able to steal a significant amount of market share from SS or Pond5 in the near future.

And this is exactly what I am talking about.

So, you are willing to take a risk on an agency that you recognize haven't answered valid questions in this topic and others (I would add vital questions) that could severely damage the market and endanger your portfolio, when you do not even believe they will have great relevance in the near future... Oooook...

Of course we'll have to monitor it closely to make sure that we won't be trapped, but so far they have been very open and they have answered most, if not all questions.  (Except for the ones above, but let's be patient.)

Anyway, if in they do get a significant amount of market share and one of the worst scenarios arises, you believe that by then pulling out the portfolio will make a difference...

Let me tell you that I've seen tenths of boycotts and pulling of portfolios from several agencies. In some cases agencies being the target for these actions more than once. But not only they are still around and strong but the damage they've done endured to this day. Once a price has dropped, they will never go up.

Let me ask you a question: do you believe DPC (which I consider ten times more dangerous than any future scheme VideoBlocks might conceive) has destroyed the stock market after everyone pulled their port/opted out? Personally, I think not.

And once an agency becomes very relevant to you your income, contrary to what you say, you will not pull your portfolio. Even if you do, 99% of the other contributors won't, making your action irrelevant. This is what I've been seeing since 2006 with the consequences we are facing today.

True, once the income becomes relevant, it will be a decision based on money as well. But for now it's hard to predict what will happen. Any agency might at some point in the future do something you won't like, but does that keep you from submitting? Who would've thought 5 years ago that iStock would eff up so badly today? There's no way you could have known. Perhaps VideoBlocks will make a change 2 years from now that shakes up the microstock world, perhaps not. It's pure speculation.

Video is still a very controlled market. Keep it that way supporting only agencies that leave you absolutely no doubt about their intentions, strategy and capacity to finance themselves without having to resort to dubious actions in order to survive.

The right side of this page is full of these cases. Almost all never got relevant but helped damage the photography market in senseless price wars, dilution of portfolio, and loosing of control of the artists portfolio.


I don't blindly trust agencies and I'll be wary of any decision they make, even Shutterstock and Pond5 aren't sacred in my book.

StockPhotosArt.com

« Reply #24 on: April 13, 2015, 06:05 »
0
At the risk of sounding simplistic...if they have to charge a commission on sales in the end, we're not going to be worse off than we are with any other agency.

But that's exactly the question. What commission will they charge?

You are being optimistic (even naive?) to think that they will take 50% just like P5. But you cannot find anything, anywhere, where that is said.

The only thing we have until now is that they will give you 100% commission. And that is in fact not sustainable in the current mold unless they have something up their sleeve. Or if they haven't themselves thought this through!  :o.

What if later they claim that things got unsustainable, and like IS did in the recent past, take a 85% commission leaving you with 15%?

Not only it demonstrates that you're focusing your eyes on the carrot 10 inches in front of your nose, and not paying attention to the abyss a mile ahead that may cross your path, you're even choosing to believe in something that has never been stated by anyone from VB at any time.

It's you who's assuming that the cut or deal they'll eventually make will leave you at the same level that SS or P5. And if they grow by shrinking SS and P5 quota you'd still be losing because you would have an extra agency to upload, and another bunch of people to solve problems when they arise. Time is also money.

Not to mention a possible price war.
« Last Edit: April 13, 2015, 06:08 by StockPhotosArt »

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