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Author Topic: Contacted by an Istock customer. Price...  (Read 20549 times)

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« Reply #25 on: June 24, 2010, 19:10 »
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Well, you can't take it out of circulation, since you've already sold it.

If they're willing to pay 2 grand for a ( photo or illustration ?) you lucked out.

I don't see why you can't do a "From this day forward..." deal.


donding

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« Reply #26 on: June 24, 2010, 19:42 »
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I would think they would already know it's been sold since it is on a stock site and that's what they do...sell photos. I sold a shot to a paint company for a three year contract and was able to continue to sell the photo...just not to another paint company. I got 1800.00 for it and they never even used it.

« Reply #27 on: June 25, 2010, 00:56 »
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Yeah, these high prices seems pretty common in macro.   Who want some cheap stuff ;)

About contract? Is there an easy way to get one?  I dont wanna spend $1995 on a lawyer.

Whatabout an email where I tell them they cannot resell it or use it for anything else they told me, that they agree to.

« Reply #28 on: June 25, 2010, 01:12 »
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About contract? Is there an easy way to get one?  I dont wanna spend $1995 on a lawyer.

Try Ellen Boughn. She has links to specialized legal resources, or she can help you out with a standardized contract.
http://www.ellenboughn.com/resources

« Reply #29 on: June 25, 2010, 01:56 »
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About contract? Is there an easy way to get one?  I dont wanna spend $1995 on a lawyer.

Try Ellen Boughn. She has links to specialized legal resources, or she can help you out with a standardized contract.
http://www.ellenboughn.com/resources


Thanks, Ill check it out.

« Reply #30 on: June 25, 2010, 06:04 »
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Or just google photographers contract. That might get you started with the basic language, and you can add in your specific terms for your deal. You don't need to go to a lawyer. If you can't find anything, sitemail me here and I might be able to send you the Word doc I used.

« Reply #31 on: June 25, 2010, 06:11 »
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Magnum, aren't you glad you asked?   :P

I hope Sean knows I was just having fun with him.

« Reply #32 on: June 25, 2010, 07:24 »
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... I hope Sean knows I was just having fun with him.

No, he is very mad at you right now. But it's ok he will cool off and eventually post again ignoring this thread.  ;)

Since we have more information now about this situation just think if the price they could afford is worth your (and their) time.

In the best case scenario offer them a work for hire price and render a new slightly different version and you're good to go.

« Reply #33 on: June 25, 2010, 07:30 »
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Yeah, these high prices seems pretty common in macro.   Who want some cheap stuff ;)

About contract? Is there an easy way to get one?  I dont wanna spend $1995 on a lawyer.

I just write up these kind of things myself.  Just common sense wording, covering all the bases.

... and that's the way it was.

PaulieWalnuts

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« Reply #34 on: June 25, 2010, 07:54 »
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Yeah, these high prices seems pretty common in macro.   Who want some cheap stuff ;)

About contract? Is there an easy way to get one?  I dont wanna spend $1995 on a lawyer.

Whatabout an email where I tell them they cannot resell it or use it for anything else they told me, that they agree to.


You may want to check with Carolyn Wright http://www.photoattorney.com/ and see what the fee would be to draft an agreement.

This situation seems a bit funky. I'm sure the people here have good intent with giving legal advice but I'd contact a lawyer.

« Reply #35 on: June 25, 2010, 08:05 »
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No, he is very mad at you right now. But it's ok he will cool off and eventually post again ignoring this thread.  ;)

Sarcasm duly noted...

lisafx

« Reply #36 on: June 25, 2010, 08:26 »
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Well, I haven't been in this situation myself.  Any time I have quoted over a grand for exclusive rights that has been the end of the discussion ;D

Just wanted to say congratulations Magnum!  And thanks for starting this thread.  It may come in handy for lots of us if we are ever in a similar situation.

« Reply #37 on: June 25, 2010, 08:44 »
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Well, I haven't been in this situation myself.  Any time I have quoted over a grand for exclusive rights that has been the end of the discussion ;D ...

I think it's also a bit of the Microstock problem. Once many buyers see that they can get an image for $5-$15 in larger, useful resolutions they wonder why one would ask for $2000 for exclusive rights. They might think, well I can give you $250 but that's it. How could the buyer know that a good image in Microstock can earn thousands over its lifetime?

I think it's a mixture of luck and dealing with a knowledgeable buyer who actually understands what you are saying/quoting. All other "buyers" just believe that an image is simply not worth much.

lisafx

« Reply #38 on: June 25, 2010, 08:46 »
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I think it's also a bit of the Microstock problem. Once many buyers see that they can get an image for $5-$15 in larger, useful resolutions they wonder why one would ask for $2000 for exclusive rights. They might think, well I can give you $250 but that's it. How could the buyer know that a good image in Microstock can earn thousands over its lifetime?


I completely agree.  In fact, you are practically quoting what some of them have told me, verbatim.  Have you hacked my e-mail account Click?  ;D

« Reply #39 on: June 25, 2010, 09:20 »
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I think it's also a bit of the Microstock problem. Once many buyers see that they can get an image for $5-$15 in larger, useful resolutions they wonder why one would ask for $2000 for exclusive rights. They might think, well I can give you $250 but that's it. How could the buyer know that a good image in Microstock can earn thousands over its lifetime?


I completely agree.  In fact, you are practically quoting what some of them have told me, verbatim.  Have you hacked my e-mail account Click?  ;D

BUSTED! Well, I think by now many of us got the hang of this thing called Microstock and in fact I also think we're already a little late still contributing to this sinking ship.

While Sean correctly (IMO) mentioned that as long as his earnings remain stable or are increasing he is not concerned, I'm on the same track. However, to me it appears that at some point the efforts won't justify the return at some point. But now I'm hijacking this thread again.

ap

« Reply #40 on: June 25, 2010, 14:24 »
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i wonder if magnum is in the enviable situation he's in because the company needs it for their logo. as we know, logo designs themselves are much more expensive products than either photos or illustrations. also, a company's logo design goes to the heart of their daily representation to the world and can't be easily replaced with a similar.

it would be great to create some collective wisdom here for it would help immensely with any future negotiations for similar situations. for instance, a midsized private company was more skittish about price for a promo calendar...

so, come out with your own past or future experiences. magnum has led the way! :)

« Reply #41 on: June 25, 2010, 15:47 »
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I thought these things happend every day.  Apparently not:)

It seems I will get $2000 for a customized wood sign similar to the Istock photo. They will get full right to it, exept to resell it as a photo. 
I hope Cclapper got a word doc that I can make some changes to and Im ready to proceed.  I feel no need to make it any harder.

They can use the photo for all eternity and Im happy with it. What could happen?  I mean we sell photos for .25 that all ends up on heroturk. Can it be worse?

Thanks for all help :)

donding

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« Reply #42 on: June 25, 2010, 15:53 »
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I thought these things happend every day.  Apparently not:)

It seems I will get $2000 for a customized wood sign similar to the Istock photo. They will get full right to it, exept to resell it as a photo. 
I hope Cclapper got a word doc that I can make some changes to and Im ready to proceed.  I feel no need to make it any harder.

They can use the photo for all eternity and Im happy with it. What could happen?  I mean we sell photos for .25 that all ends up on heroturk. Can it be worse?

Thanks for all help :)

Make sure you get your money before sending them the full res version. Sometimes it's hard to get them to pay up after the fact. Keep that in mind.

« Reply #43 on: June 25, 2010, 16:07 »
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Definitely money first...

How fast is paypal?  They need it by tuesday.   Im gonna present a low res on sunday/monday.

Or they mail me a receipt that the money is on the way??

I suck at this. I should make woodsigns instead :-[

donding

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« Reply #44 on: June 25, 2010, 16:13 »
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Attach the low res with the invoice for their approval. if they don't like it then they don't have to pay the invoice. You might want to put somekind of watermark on the low res. I assume you have a paypal account. It shouldn't take anymore than 24 hours for it to clear unless there are certain circumstances. Once payment is received by paypal you should get an e-mail from them showing that the money went into your paypal account.

« Reply #45 on: June 25, 2010, 16:22 »
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Attach the low res with the invoice for their approval. if they don't like it then they don't have to pay the invoice. You might want to put somekind of watermark on the low res. I assume you have a paypal account. It shouldn't take anymore than 24 hours for it to clear unless there are certain circumstances. Once payment is received by paypal you should get an e-mail from them showing that the money went into your paypal account.

Good idea, and I guess I can have the contract on the invoice as well. If they pay they agree to it?

Would this be ok?

donding

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« Reply #46 on: June 25, 2010, 16:32 »
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Yes the contract and invoice would be all in one. Basically the contract is going to state that the usage is "this" for "this" amount and what the restrictin's are and by paying the invoice they agree to these terms, then have them mail you a signed copy or use a digital signature. You'd include the paypal information with the e-mail. If I was where I had access to my invoices I'd send you a copy so you'd have an idea what to put in the contract. Did you get one from CClapper? I'll have access to it later this evening if you need one.

« Reply #47 on: June 25, 2010, 16:34 »
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You should be able to send the buyer an invoice/payment request via Paypal to their email account along with the contract and a watermarked preview image.

If the buyer pays straight with their credit card you should receive payment instantly. If the buyer has a Paypal account and has to transfer the funds from their bank account to Paypal first that could take a few days.

Instead I would offer a %5 discount if they pay you in cash. As you're still paying fees etc. for Paypal they might as well pay you in cash.
Money talks, bullcrap walks  ;D

« Reply #48 on: June 25, 2010, 16:47 »
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Good info friends. Much appreciated:)  Still waiting ( an hour, come on...;) ) for CClappers free doc

Need to sleep now, Its midnight here.

Se ya tomorrow

donding

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« Reply #49 on: June 25, 2010, 17:06 »
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I sent you a PM


 

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