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Author Topic: August stats  (Read 4230 times)

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« Reply #25 on: September 20, 2019, 11:23 »
0
Go to Sales, then click Gross Royalty to reorder your sales from least amount, so the larges refund comes at the top. Ignore the probably many 'refunds' you got in Jan 2017: these were apparently never sales, it was just Getty testing the system when it was introduced to iS.  ::)

I also cannot see any refunds, but clearly do not understand what I am seeing.

I start at the ESP login, the go to "royalties." I don't see a place to see 'sales' or what was sold or for what price?  (I attached a screenshot, but it does not seem to show up here...)


« Reply #26 on: September 20, 2019, 11:30 »
0
Go to Sales, then click Gross Royalty to reorder your sales from least amount, so the larges refund comes at the top. Ignore the probably many 'refunds' you got in Jan 2017: these were apparently never sales, it was just Getty testing the system when it was introduced to iS.  ::)

I also cannot see any refunds, but clearly do not understand what I am seeing.

I start at the ESP login, the go to "royalties." I don't see a place to see 'sales' or what was sold or for what price?  (I attached a screenshot, but it does not seem to show up here...)

They don't want you to see.  You need to download the txt document.  I open it in excel. 

« Reply #27 on: September 20, 2019, 14:07 »
+2
Go to Sales, then click Gross Royalty to reorder your sales from least amount, so the larges refund comes at the top. Ignore the probably many 'refunds' you got in Jan 2017: these were apparently never sales, it was just Getty testing the system when it was introduced to iS.  ::)

I also cannot see any refunds, but clearly do not understand what I am seeing.

I start at the ESP login, the go to "royalties." I don't see a place to see 'sales' or what was sold or for what price?  (I attached a screenshot, but it does not seem to show up here...)

The white bar sticking down below the line on the left hand side of your charts relates to refunds. Presumably, it wiped out an upward bar on its way down, but I can't be bothered to work it all out, I just closed my account instead.

ShadySue

« Reply #28 on: September 20, 2019, 14:26 »
0
Go to Sales, then click Gross Royalty to reorder your sales from least amount, so the larges refund comes at the top. Ignore the probably many 'refunds' you got in Jan 2017: these were apparently never sales, it was just Getty testing the system when it was introduced to iS.  ::)

I also cannot see any refunds, but clearly do not understand what I am seeing.

I start at the ESP login, the go to "royalties." I don't see a place to see 'sales' or what was sold or for what price?  (I attached a screenshot, but it does not seem to show up here...)
It's easier and prettier with Deep Meta and/or TodayIs20.
« Last Edit: September 26, 2019, 13:06 by ShadySue »

PZF

« Reply #29 on: September 26, 2019, 11:34 »
+1
RPD 8cents. And then all those refunds.
 :(

« Reply #30 on: September 26, 2019, 22:41 »
+8
Jo Ann Snover was correct two or three years ago when istock changed the subscription payments to 'percentage of whatever the client pays'.  She correctly predicted that this would allow istock to offer massive discounts to customers and then pass on those discounts to contributors.  That's exactly what has happened.  And this is why RPD is declining (and will continue to decline).

In my case my monthly sales have remained fairly stable, but income has declined by about 40% over the past year.  This is a direct reflection of the discounts being given to customers then passed on to contributors through reduced subscription payments.

Several years ago Getty support published a video reassuring contributors that 'this is not a race to the bottom'.  In reality that is exactly what they have done.  Their business model appears to be to give bigger and bigger discounts in order to retain customers - and that means lower and lower payments to contributors.

At the peak istock was the most successful microstock agency with gross revenues of about $400 million.  Getty changed the model away from 'high volume' and destroyed the revenue stream which is now in the region of $200 million.  So istock's gross revenue has dropped by half and now they reduce payments to contributors in a desperate attempt to maintain the customer base.  Is it any wonder that for most contributors sales and income have dropped by a significant amount?

« Reply #31 on: September 27, 2019, 00:57 »
0
Jo Ann Snover was correct two or three years ago when istock changed the subscription payments to 'percentage of whatever the client pays'.  She correctly predicted that this would allow istock to offer massive discounts to customers and then pass on those discounts to contributors.  That's exactly what has happened.  And this is why RPD is declining (and will continue to decline).

In my case my monthly sales have remained fairly stable, but income has declined by about 40% over the past year.  This is a direct reflection of the discounts being given to customers then passed on to contributors through reduced subscription payments.

Several years ago Getty support published a video reassuring contributors that 'this is not a race to the bottom'.  In reality that is exactly what they have done.  Their business model appears to be to give bigger and bigger discounts in order to retain customers - and that means lower and lower payments to contributors.

At the peak istock was the most successful microstock agency with gross revenues of about $400 million.  Getty changed the model away from 'high volume' and destroyed the revenue stream which is now in the region of $200 million.  So istock's gross revenue has dropped by half and now they reduce payments to contributors in a desperate attempt to maintain the customer base.  Is it any wonder that for most contributors sales and income have dropped by a significant amount?

I'm wondering how they are planning to maintain the contributor base as high as possible with this business model. All credibility is gone, revenues are gone, mutual respect is completely missing. How can anyone work for them when there is no minimum payout threshold. They are literally giving away some of our content for free.

« Reply #32 on: September 27, 2019, 04:42 »
0
I have got around 40 refunds till date with few ranging upto $100.


 

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