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Author Topic: Royalties lower than 2004!  (Read 22314 times)

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« Reply #25 on: March 07, 2011, 22:04 »
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One that comes to mind is Internet Explorer vs. Firefox.  But I'm sure there are better examples.

Myspace vs. facebook would be an example of such a process. An exodus from myspace began when facebook became cooler and the myspace users grew up and into the design of facebook which is more neutral, less playful and appeals to all kinds of people beyond puberty. And now the only people who still have a myspace account are those who where to lazy to delete it.

A really good example.  I'm sure many MySpace users initially said they couldn't leave, because all their friends were on MySpace, and no one they knew was on Facebook.  And yet it happened.



« Reply #27 on: March 07, 2011, 22:15 »
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Things seem to be changing for the worst in a matter of weeks so any sort of statistic is going to be outdated when you publish it. I am having for instance a terrible 1st quarter of march. I know ebb and flow, but I believe the video price hike really killed the golden - well lets re-phrase that - the copper goose (as in pennies). anybody else experiencing a further dramatic drop in income this week (like 60% down like me)?

« Reply #28 on: March 07, 2011, 22:37 »
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One that comes to mind is Internet Explorer vs. Firefox.  But I'm sure there are better examples.

Myspace vs. facebook would be an example of such a process. An exodus from myspace began when facebook became cooler and the myspace users grew up and into the design of facebook which is more neutral, less playful and appeals to all kinds of people beyond puberty. And now the only people who still have a myspace account are those who where to lazy to delete it.

A really good example.  I'm sure many MySpace users initially said they couldn't leave, because all their friends were on MySpace, and no one they knew was on Facebook.  And yet it happened.

Yes, but sadly, the myspace friends don't translate into the microstock dollars. Dollars (or in this case Pennies) are just the more powerful magnets. People left myspace and took a few friends with them, discovered that more and more people where joining facebook and started looking for old school friends and so on. We say goodbye to our pennies when we leave, not to fun and smalltalk with virtual friends in front of an awfully designed wallpaper (mmmh, well, let me think... that suddenly sounds a familiar setting after all!).

« Reply #29 on: March 07, 2011, 22:58 »
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Okay. You have me all motivated. I'm fired up. I shall reserve the Twitter handle "angrymicrocontributor5150" and will conquer the world. But first can someone teach me how to use Twitter?

Like 99% of blogs which newer been redden, same is in this twit which is limited in 160 letter spaces  like on mobile phone on SMSmessage and dont be readen never or only once or few times.
blah forget it
I know you are joking

« Reply #30 on: March 07, 2011, 23:54 »
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I am really curious about IS and how much $ people are making there.  I am assuming these tiny sales represent the minority of overall sales there right?

What's the most common size and price for a sale there? 

Mat

That's going to vary so much - vector vs. photos (or video or audio); image sizes available (it goes up to XXXL), exclusive/non (more credits per image for exclusives). For February I averaged about $4.25 per sale (almost all photos, handful of vectors). I don't do Vetta or Agency. Some of those who do will have much higher average sales.

lisafx

« Reply #31 on: March 08, 2011, 12:14 »
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I am really curious about IS and how much $ people are making there.  I am assuming these tiny sales represent the minority of overall sales there right?

What's the most common size and price for a sale there?  

Mat

In trying to answer your question, I discovered that these piddly little sales are having more of an impact on the bottom line than I thought.  Even more than the royalty cut.  

In both Jan & Feb, after the royalty cut but before these miniMicro discounted credits, my RPD on Istock was $1.16.  For March so far it's $1.09.  Thats a pretty steep drop.

In real $ that means that with these new credit packages, I am down $57 from what I would have typically made for that number of sales, over and above the royalty cut.  
« Last Edit: March 08, 2011, 12:20 by lisafx »

sc

« Reply #32 on: March 08, 2011, 12:33 »
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[quote author=lisafx link=topic=12685.msg188890#msg188890 date=1299604472

In trying to answer your question, I discovered that these piddly little sales are having more of an impact on the bottom line than I thought.  Even more than the royalty cut.  

In both Jan & Feb, after the royalty cut but before these miniMicro discounted credits, my RPD on Istock was $1.16.  For March so far it's $1.09.  Thats a pretty steep drop.

In real $ that means that with these new credit packages, I am down $57 from what I would have typically made for that number of sales, over and above the royalty cut.  
[/quote]

That's almost my exact same numbers, Lisa.
$1.16 for Jan & Feb and $1.07 so far in March.

Steve

lisafx

« Reply #33 on: March 08, 2011, 12:52 »
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That's almost my exact same numbers, Lisa.
$1.16 for Jan & Feb and $1.07 so far in March.

Steve

Very interesting Steve.  Thanks for posting.  Would be interesting if others would add their numbers, to see how widespread this might be...

« Reply #34 on: March 08, 2011, 12:55 »
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Mine have gone from $1.22 down to $1.15.  I haven't had one lower than 20c yet but many are only just over.

jen

« Reply #35 on: March 08, 2011, 13:00 »
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As an exclusive:

RPD in January - $3.00
RPD in February - $3.19
RPD so far in March - $4.04

« Reply #36 on: March 08, 2011, 13:15 »
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Would be interesting if others would add their numbers, to see how widespread this might be...

Mine;

Jan - 112c
Feb - 118c
Mar - 113c (so far)

It's roughly in line with what I expected from the commission decrease compared to 2010.

« Reply #37 on: March 08, 2011, 13:37 »
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Jan - 1.71$
Feb - 1.08$
Mar - 1.16$ (until today)

« Reply #38 on: March 08, 2011, 14:03 »
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As an exclusive at 25% :

Jan - 2.85$
Feb - 3.00$
March - 3.07$

And a comment for lisa: the numbers you posted are very close and it is hardly a steep decline. in order to determine if it is indeed a steep decline you must calculate your average and standard-deviation for a good few months back (lets say 12). if you have no idea what I am talking about I can do the calculations for you :)

« Reply #39 on: March 08, 2011, 14:09 »
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Jan - $1.21
Feb - $1.19
Mar - $1.18

average across all three months was $1.19

Last three months of diamond exclusive my average was $3.81.  

Assuming everything else stayed the same had I remained exclusive my new average with a 25% drop would have been $2.86  

Dropping from 30% to 17% was a 43% paper decrease in royalties.  But I've actually experienced a decrease of 58% on a per transaction basis.

lisafx

« Reply #40 on: March 08, 2011, 14:20 »
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As an exclusive at 25% :

Jan - 2.85$
Feb - 3.00$
March - 3.07$

And a comment for lisa: the numbers you posted are very close and it is hardly a steep decline. in order to determine if it is indeed a steep decline you must calculate your average and standard-deviation for a good few months back (lets say 12). if you have no idea what I am talking about I can do the calculations for you :)

Thanks, but I own a calculator ;)

I have calculated my average RPD from the various sites every month for almost 6 years.  I also have a large portfolio and a high sales volume so there is a lot less deviation than you would imagine.  

You are free to take my word for it or not.  
« Last Edit: March 08, 2011, 14:22 by lisafx »

« Reply #41 on: March 08, 2011, 14:21 »
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Interesting data being shared.

Exclusive, with about 20+ V/A files and approx. 100 E+ files:
March so far: $8.12 RPD
February: $7.83 RPD
January: $7.28 RPD

« Reply #42 on: March 08, 2011, 14:23 »
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Jan 2011 = $.81 RPD
Feb 2011 = $.84 RPD
Mar 2011 = $.88 RPD

Independent

These seem low compared to everyone else.  But I'm doing decent volume, so I guess I can't cry too much.
« Last Edit: March 08, 2011, 14:27 by stockmarketer »

« Reply #43 on: March 08, 2011, 14:26 »
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As an exclusive at 25% :

Jan - 2.85$
Feb - 3.00$
March - 3.07$

And a comment for lisa: the numbers you posted are very close and it is hardly a steep decline. in order to determine if it is indeed a steep decline you must calculate your average and standard-deviation for a good few months back (lets say 12). if you have no idea what I am talking about I can do the calculations for you :)

Thanks, but I own a calculator ;)

I have calculated my average RPD from the various sites every month for almost 6 years.  I also have a large portfolio and a high sales volume so there is a lot less deviation than you would imagine. 

You are free to take my word for it or not. 

Didn't mean no dissrespect.  Some people don't even know how to calculate an average. I take your word for it then.


adamkaz: Those numbers are AMAZING! at what percentage are you in ?

« Reply #44 on: March 08, 2011, 14:32 »
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As an exclusive at 25% :

Jan - 2.85$
Feb - 3.00$
March - 3.07$

And a comment for lisa: the numbers you posted are very close and it is hardly a steep decline. in order to determine if it is indeed a steep decline you must calculate your average and standard-deviation for a good few months back (lets say 12). if you have no idea what I am talking about I can do the calculations for you :)

Thanks, but I own a calculator ;)

I have calculated my average RPD from the various sites every month for almost 6 years.  I also have a large portfolio and a high sales volume so there is a lot less deviation than you would imagine. 

You are free to take my word for it or not. 

Didn't mean no dissrespect.  Some people don't even know how to calculate an average. I take your word for it then.


adamkaz: Those numbers are AMAZING! at what percentage are you in ?
I am happy with the $/DL, however not so much with declining DLs. Part of it is likely that I was overly aggressive with E+ decisions (I've since reverted a number of E+ files).

« Reply #45 on: March 08, 2011, 19:45 »
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Jan: $1.09
Feb $1.00
Mar so far: .93 (without EL)
Mar so far: $1.05 (with EL)

« Reply #46 on: March 08, 2011, 19:47 »
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So, since I see no route to beating them, I'm just trying to collect as many pennies as possible from whatever avenue is open to me. As the rules everywhere keep changing and we have no idea what fresh hell is coming down the pike, why not?

I can`t believe that there are still people out there thinking like this...

Believe it, baby :D

Maybe diversifying one's portfolio of microstock agencies will widen, in terms of popularity. Or maybe it won't. Maybe iStock will make changes to its policies that entice people [back] to exclusivity. Or not. I cannot foretell the future, but I do know that I've had my fill of betting exclusively on iStock. Playing the field now makes the most sense (and with luck and hard work, cents) to me, to me. But that's just me. Everyone is entitled to their viewpoint and gambling strategy, herein ;)

« Reply #47 on: March 08, 2011, 20:11 »
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So, since I see no route to beating them, I'm just trying to collect as many pennies as possible from whatever avenue is open to me. As the rules everywhere keep changing and we have no idea what fresh hell is coming down the pike, why not?

I can`t believe that there are still people out there thinking like this...

Believe it, baby :D


It's the Greater Fool Theory, and it is why a few microstock companies and other related companies such as CafePress have become success stories by exploiting crowdsourcing.  These companies know it is a horrible deal for contributors to work with them.  But they also know there will always be a few people out of every 10 who will do anything for another dollar, even if it means the agency is making 5 or 6 dollars for every 1 they make.

Just remember every time you see a 9 cent commission that iStockphoto did not do this to you, You did this to you.  If you accept anything, that's exactly what you will get.

KB

« Reply #48 on: March 08, 2011, 20:35 »
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I found it a bit interesting that the 3 exclusive contributors who have reported so far have all had increasing $/DL. I guess it's up to me to ruin that trend.  ;D

Jan: $3.02
Feb: $2.47 (worst $/DL since I've become exclusive)
Mar: $2.19 (worser :P )

« Reply #49 on: March 08, 2011, 22:07 »
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Independent

Jan: $1.44
Feb: $1.36
Mar: $1.12 (so far)


 

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