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Author Topic: IS Newsletter - A collection of excuses  (Read 24178 times)

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shudderstok

« Reply #125 on: September 01, 2013, 20:42 »
0
It's changed a lot.  There used to be much more full time professionals on here.  The attitude towards them was very negative and now you see many more people that are just starting.

"There's a lot of misinformation here.  Seriously I'm working a lot and this is one of my break time sites."


i too usually come here to get up to date on a few items mostly is of which is the microstock industry, so forums have their place. but i would not consider this forum the place to be for the stock industry as a whole.
i too find their is a lot of misinformation, speculation, and complaining posted here.
i think the main reason there are fewer and fewer real professionals here is that for the most part this is not the forum to be.
also, anytime a seasoned pro does come in here and comments, more often then not they are kicked in the nuts for anything they say.
if a seasoned pro even suggests that they making a successful living as a full time photographer with IS and GI, they once again get kicked in the nuts for doing so, and always need to verify they do indeed make a good living or else they are lying.
if a season pro does come in here and venture to share their knowledge, they will soon realize they will be drawn a quartered by a bunch of micro groupies who are upset they could not make it in the real world, and they more often than not leave without a trace.
there is an overwhelming amount of complaining and speculation going on here.
the last thing i do however is come here for a community feeling, or to get warm and fuzzy feeling by being part of a community. i don't come here to get little heart.














« Reply #126 on: September 02, 2013, 02:38 »
+17
Shudderstock,between the bizarre name choice and overemotional style of writing you just dont come across as a seasoned professional,as you claim to be. You only have yourself to blame if you think people here are not taking you seriously.

If you really want to inform people of the advantages of being an istock exclusive, then you could ask JJRD to review your posts and he will explain to you why what you call "giving" information" is making both istock and Getty look bad. You are really not making Getty look like a professional, trustworthy business partner.

Jonathan Ross gets his share of flack, but nobody doubts he is a pro and many welcome his balanced and informed postings. He also very respectful in the way he deals with people online. Which is the way professionals work, anyone you meet could be part of your next business deal, so why let go of emotions and negativity if you can control yourself and be balanced?

Both you and tickstock sprang out of nowhere in the beginning of the year at a time of crisis for the Getty company. The volume of posts makes it look like you are doing it for a reason that is way beyond spending your break time between shootings.

The "information" and data you often cite is not congruent with what the istock exclusives themselves, those that do it full time, are reporting on the internet and in their networks. Full time exclusives are reporting a general loss of income and especially a lack of sales on new productions, which is why many have either stopped uploading or are doing more assignment work and just process leftovers from old shootings. Those with other revenue streams can go independent and explore other agencies. Those overreliant on Getty need to build new sources of income first. But the confidence to trust all your familys income on istock only - I think that is long gone.

And the first place people look for what istock and getty can be like financially if you want to work with them full time are the public istock forums. Getty could easily decide to make those forums more attractive than msg for both full timers and independents if they wanted to and draw the internet traffic there. But they dont. Entirely their own choice.


Nobody here doubts that there are people making a full time income from being exclusive at istock or getty.

But it is just as possible to make a full time living as an independent. It is also a lot safer,because whenever the landscape changes you are flexible and can move your content around. You can supply high price agencies, you can supply low price agencies, you can sell direct...and most of all no matter which agency rises and falls,you will always be present everywhere.

And personally, although there are small improvements to the istock site, I am not seeing anything that would convince me that istock is turning the ship around and will bring more competition to SS and the other agencies.

Obviously your impression is different, so best of luck with whatever you do.

I usually have you on ignore, so you will probably not be seeing anymore posts from me directed at you anyway.
« Last Edit: September 02, 2013, 03:06 by cobalt »

shudderstok

« Reply #127 on: September 02, 2013, 04:43 »
+5
cobalt...

i think it safe to say that each and every photographer will have different results from their work they produce, regardless of where they choose to submit their work to.

some people will have amazing success, others not so, this is life.

one fellow comes to mind on this forum (no names) he is constantly angry on this forum, and on the IS forums. he produces very lovely work, at least i think so. he is what i would deem to be very good at what he shoots, but alas, it is not really what stock photo buyers are looking for, the result is he is not selling. add to this that the locations he shoots are all covered from the same angle by hundreds of other photographers, albeit not quit as refined, on multiple sites. for me, i see this particular individuals work as standing out from the crowd, it truly is great stuff, but his work is lost in the hundreds of other very similar images taken from the same angle. i am also sure his results are diminishing on every site he contributes to for exactly the same reasons, but for some reason the rage is full on with IS.

i have been shooting stock for far too long and seen the business change a lot, not all of it for the better.
i don't like GI as a company at all. i have been with several agencies over the years, big name agencies, and they have all eventually been bought out by GI. i have witnessed the devaluation of images drastically over the last 25 years.

for the most part i think it safe to assume that most (at least an overwhelming majority) photographers - including myself have seen their incomes drop drastically in the last few years, regardless of where they choose to place their images. there are several factors that come into play on this, namely the cannibalization of the valuation of images by microstock agencies, and further so by the agencies that are subscription sites. this is an industry wide problem and it won't go away any time soon. there is much more at play here than perhaps you are willing to accept or even acknowledge.

i am sure there are advantages to being non-exclusive, as there is being exclusive. we all have choices, you make yours, i make mine. for me it suits my needs best to keep a successful ball rolling with GI and IS, even if the income is slowly declining. it's a system i understand and it works very well for me. i am so deep in with GI and sort of IS that i'd be a fool to leave them to try and make up my losses. the mere thought of all that additional work, and an immediate reduction is my income, only to start out again with numerous agencies and get royalties of 0.30c to start would be foolish. i'd rather keep feeding the machine that is well greased.

i too wish you the best of success in whichever route you take in selling your work. but mark my words, very few of us will be making 50% of what we make today within the next 5-7 years, regardless of where you place your work. the writing is on the wall, and perhaps you'd just have to be around long enough and a seasoned professional to notice it.

in my professional opinion, the decline of the industry is not in GI or IS, or even microstock sites in general, rather the decline is totally at the mercy of subscription sites. subscription sites are killing the industry as it once was and what it currently is. buyers could care less about our well being, just as GI, IS, or SS, could care less. also another factor is the fact that almost every microstock agency accepts almost every image submitted due to a complete lack of editing, thus this creates a situation of over supply of images, the result being less and less sales for individual contributors, but alas, an ever increasing income for the agencies.

now to conclude, if i make a good living shooting for GI and IS there is nothing wrong with this at all. if anything many would like to be in the same situation. it took a lot of work and still does. i can only say that i am glad i am not starting my career in today's climate. yes all of my eggs are in one basket, but i firmly believe when and if that basket breaks, it is game over for the whole industry. i don't know why there is such a hate on for people who have made a successful go of GI and IS, it's actually kind of annoying and childish. in particular this whole concept of needing to verify ones success to people they don't know over a forum.

as for your comments regarding meeting people on forums and this being the possibility of being my next deal, i am not a fan of social media and don't gain my clients in this manner. i still prefer the old fashioned way of picking up the phone and meeting people in person.

any way, peace out, and good luck with your sales wherever you choose to place your images.

and fyi, shudderstock is exactly how i feel about SS, i shudder that stock could be sold for so low and payouts so low, and that people actually contribute there work there wanting to sell in volume to make a go of it. it makes no sense to me at all. but to each his/her own.







« Reply #128 on: September 02, 2013, 05:18 »
+7
Good grief! There are posts in this thread that are longer than the newsletter! Who would have thought a simple missive would have caused such a furore? The fact is there is a great deal of antipathy towards IS and has been for a couple of years - and it wasn't created on MSG.

I remain convinced IS are trying to turn the business around in some shape or form but can't help feeling they've overcooked the pudding and introduced far too much complexity. Also they have been severely outmanoeuvred by other agencies, especially SS and perhaps even 123rf and DP.

They have a future but whatever that future is remains difficult to fathom when they seem unable to communicate it in a coherent manner and even trample all over their contributor base by not not communicating some stuff at all, or saying they will and then failing to do so. I would dearly like to see something from the very top level to engender confidence in this future. 
« Last Edit: September 02, 2013, 08:12 by Red Dove »

« Reply #129 on: September 02, 2013, 05:19 »
+3
Ive read it all. Thank you for a really solid reply.

I agree that the oversupply of files will make it harder and harder to get reliable sales, but I believe the pros will just adapt and shoot things that are not so easy to do. Supply and demand works both ways. If it is not profitable to sell stock and invest in production a certain kind of stock will simply not be provided. So customers have to either commission photographers to do it or look at the agencies that have more advanced content at higher prices.

The days of "easy money" are certainly over.

But I do believe in high volume sites, for me SS is just like the app store for mobile phones. Software is incredibly cheap there and yet people make money because of the extremly high volume of sales. So having a steady stream of income from ultracheap stock sales is an attractive revenue stream for me.

But I dont believe every file is right for subscription. All files are not created equal.

Of course after 4 months of independence I havent yet recovered my income from istock/getty. But I am uploading very slowly and the results are good. In video also much better than expected. Without the Getty/Googe Deal etc...I would probably still be photo exclusive.

I am not recommending that other people should do what I do. But I know that many are following my journey to see if it would also be an option for them.

What I keep pointing out is that if you are new to istock and go exclusive and are building a portfolio there, it also takes two years to reach a "livable" income. I have seen (and encouraged) enough people who went exclusive. Even in 2010/2011 artists with excellent content had to wait a long, long time to see daily sales and reliable returns.

So wether you want to go indie or be exclusive,if you are starting out now it will take at least two years with a normal production rhythm to get good results.

Anyway, happy shooting.
« Last Edit: September 02, 2013, 05:32 by cobalt »

shudderstok

« Reply #130 on: September 02, 2013, 05:38 »
+3
cobalt...

for what it's worth, i zapped you with a heart on both of your replies as i feel there was some thought put into them as opposed to just plain GI/IS bashing without any thought put into it apart from the usual 'i am mad' and 'i hate IS' because its their fault nonsense.

true what you say, not all files are treated equal, however there is nothing that will convince me a file is worth 0.30c, ever. not sure about you, but i have thousands upon thousands of dollars in equipment, thousands upon thousands of hours in learning new programs, and to get a royalty that makes less than the price of parking my car at a parking meter just does not add up for me.

for what it's worth, in the good old days it took a lot longer than a one or two years to make any money at all let alone a living. back then there was a brutal editing process, which actually still takes place at GI if you submit directly.

in my opinion, the new generation of microstock shooters had it really easy, buy a cheap camera and get everything accepted and start making money immediately.

we do agree however - imagine that :), the days of 'easy money' are over, and that is part of what i see as being the problem for so many of today's photographers, most notably the microstock photographer. i see it more as having a false sense of entitlement, and now they are dealing with the cold realities of the real world.

one thing i think we can all agree on however, is we love what we do, and we are lucky to be able to do so, and even in this sinking ship called the stock industry, i have no plans to quit any time soon.

i also pointed out in an earlier post that it is ultimately the buyer who makes or breaks our success, not any particular agency. shoot good work consistently, shoot stock quality photos that buyers need, and work with diligence, you should do fine.


« Last Edit: September 02, 2013, 05:41 by shudderstok »

« Reply #131 on: September 02, 2013, 05:41 »
+1
for me SS is just like the app store for mobile phones. Software is incredibly cheap there and yet people make money because of the extremly high volume of sales

It is apparently becoming increasingly difficult for independents to recoup development costs at the App Store as the market expands. As with microstock, a significant issue is copying. And you are at the mercy of the search. Or else you effectively have to pay for social media promotion - in which case sales will typically receive a short boost and then tail off very quickly.

We have an impression that the App Store is doing very well for people partly because we inevitably hear about the apps which trend.

The App Store is a fantastic model from the consumer perspective but it is by no means clear that it will be long term viable for small independent developers.

« Reply #132 on: September 02, 2013, 05:45 »
0
Look what happened, Ive put you on unignore and added a heart...;)

Maybe the microstockers had it too easy in the years 2003-2010. But this is what happens when you ride a "wave" in business.

So when you see the wave dying you need to make the right jump to the next wave at the right time....

I have very expensive and specialized gear,studio etc...but I am not paying employees. But I am still optimistic to be making a full time living again from stock in about two years.

There are so many things to be shot that are useful and in demand. And like you say, the job is fun too.

@bhr, yes I have been reading that as well. The easy gold mine days are over. But there will be those who persevere and survive. Now is the time that will seperate those who really understand how to run a business from those who got lucky.

But there are many other online waves coming and going.
« Last Edit: September 02, 2013, 05:48 by cobalt »

ShadySue

  • There is a crack in everything
« Reply #133 on: September 02, 2013, 06:44 »
+2
'i hate IS' because its their fault nonsense.
...

i also pointed out in an earlier post that it is ultimately the buyer who makes or breaks our success, not any particular agency.

Hmmm. The buyers seemed OK with certain of my photos at E/S prices but not at S+ prices. I didn't nominate them for S+. Whose fault is that?
And two of the volume buyers where I used to find 'in-uses' now use TS. Who chose to start TS and to direct their volume buyers there, contrary to the line they spun us that TS was for 'new buyers'?
« Last Edit: September 02, 2013, 07:04 by ShadySue »

Ron

« Reply #134 on: September 02, 2013, 06:59 »
0
my bad then.  I always count on one from you and one from ron.  Maybe times they are a changin.  I really couldn't care less about the negatives.  I think the hearts and negs make the site less professional and if you disagree say why.  I even got one for saying I had a bme in the July earnings thread.
I dont minus all your comments, and I certainly didnt minus your earnings comment. Maybe other people also disagree with your comments. Dont feel speshul or anything,  I havent singled you out.

shudderstok

« Reply #135 on: September 02, 2013, 07:23 »
+2
'i hate IS' because its their fault nonsense.
...

i also pointed out in an earlier post that it is ultimately the buyer who makes or breaks our success, not any particular agency.

Hmmm. The buyers seemed OK with certain of my photos at E/S prices but not at S+ prices. I didn't nominate them for S+. Whose fault is that?

in a situation like this, then yes it is a consequence of the decision of upper management of Gi which is motivated by sheer greed and profit, i too have been affected in a similar fashion with some images, some of which were my best sellers which have more or less tanked since. that said, their executive decision also put 350+ of my images into the S+ collection (images i would have never put into S+) and they are selling very well to my surprise, and by that decision alone it also put 350+ of my images onto GI which in turn have also added $$$ to my account, which again is a surprise.

to speculate a bit here, the new collection thing is all about slowly but surely reducing RC levels ultimately reducing royalties.

i don't profess to know what makes GI tick apart from sheer greed and unilateral profit, but they have also been around for a while and know how the market works, what buyers want, what buyers are willing to pay, and of course to line their own pockets to the detriment of its suppliers - which be us, the lowly contributor. whether i agree with it or not, or any of us agree with it or not is a whole other conversation for another day.

as i keep saying, and have done so for a long time now, it's a slow and steady sinking ship, the whole industry in terms of being a supplier, regardless of where you submit to. one could of course deem this view to be negative and/or pessimistic, but i'd rather be negative and pessimistic over rose tinted glasses when it comes to my livelihood and not really being able to control the outcome as i am/we are always at the mercy of corporate greed.

just wait till SS has to pay out dividends to its shareholders in the next AGM, it will turn ugly. that is when GI got ugly, when years ago they were a publicly listed company the first thing they did was cut expenses, or should i say their liabilities, ahem - contributors royalties.


« Reply #136 on: September 02, 2013, 08:13 »
-1
Hmmm. The buyers seemed OK with certain of my photos at E/S prices but not at S+ prices. I didn't nominate them for S+. Whose fault is that?

It's not about "fault". Those images may well average you more money ultimately. It's much too early to say. Look at them again 2 or 3 years from now. I doubt they have all even been migrated to GI yet.

« Reply #137 on: September 02, 2013, 08:17 »
+2
 ... reading these last posts I have a feeling that MSG influence is far greater than someone would think ...

 - not to mention Symbiostock ... 

wds

« Reply #138 on: September 02, 2013, 09:06 »
0


...Of course after 4 months of independence I havent yet recovered my income from istock/getty. But I am uploading very slowly...


Not to derail the discussion...but is there a strategic reason why you are uploading "very slowly"?

Thanks.

ShadySue

  • There is a crack in everything
« Reply #139 on: September 02, 2013, 09:18 »
0
Hmmm. The buyers seemed OK with certain of my photos at E/S prices but not at S+ prices. I didn't nominate them for S+. Whose fault is that?

It's not about "fault". Those images may well average you more money ultimately. It's much too early to say. Look at them again 2 or 3 years from now. I doubt they have all even been migrated to GI yet.
A reasonable percentage of my old E+ images from over a year ago haven't been migrated yet.
But the files I didn't plus because of the better, newer rivals will still be competing against them at Getty, so even if they manage eventually to get over there, it's unlikely to do me any good.

But even if these newly promoted images do sell (I doubt it, I deliberately didn't plus them because there are now better rivals than there were when I uploaded them, which is why they had good early sales. I'd have minused them, given a chance.), I'd have to balance that with the low-demand, low-supply images which are now selling in Main, but not (now, and I wouldn't expect ever) in increased volume.
« Last Edit: September 02, 2013, 10:16 by ShadySue »

« Reply #140 on: September 02, 2013, 11:51 »
0


...Of course after 4 months of independence I havent yet recovered my income from istock/getty. But I am uploading very slowly...


Not to derail the discussion...but is there a strategic reason why you are uploading "very slowly"?

Thanks.

To spread files over various best match systems in the different agencies. I have followed the success and frustration of other artists who went indie. And my observation was that as soon as they are indie they try to bring their portfolios to the agencies as soon as possible. So 4000,6000,or over 8000 files go online within a few months,sometimes weeks.

But they dont seem to reach a level of income that is enough to keep them working and sometimes after only a few months, they give up and go back to being exclusive.

But if you look at people who have always been indie and have similar size/quality portfolios, their income seems to be fine. Certainly earning a lot more than those who brought everything to the market immediately.

Obviously I am analyzing comments and numbers from friends,things I read online etc...I dont have a controlled scientific study on the subject.

But from my own experience as a business manager, I know that introducing a new product to a market and attracting reliable repeat customers usually needs at least 2-3 seasons, which usually means 2-3 years, or 2-3 trade shows, 2-3 demonstrations of the product or meeting with different levels of managers until you get the first deal, they get to know your quality, they decide to come back etc...

When I upload files to a new agency I am entering a new market place. Like opening another stall selling eggs in the village next to my usual marketplace.

Some people might already know me and are happy to find them at this new agency as well, but for many regular customers I will be someone new offering products. So I need time to get them used to what I can offer, to let them download my files and they will see that the quality is really good, they come back to my portfolio looking for new stuff, my files get lightboxed, layouted, and the end customer makes decisions.

This process takes a lot of time.

Now all agencies have a best match that among other things also includes a date stamp when the files are uploaded or accepted. Again, if you upload everything in the first few months, they all get the same time stamp. If best match decides to present files from another date, your whole portfolio might be out of luck.

And finally I am trying to see if there are any differences in what sells at the different agencies. Are some places better for selling food or people shots? Better at selling things from Germany? Better at selling things at high prices? Or are they really good at selling in high volume?

etc...

I dont know if what I am doing is the best way to have a reliable income longterm. I hope so.

This is why I am uploading a mix of new and old files and not more than 30 - 100 files a week.
« Last Edit: September 02, 2013, 12:01 by cobalt »

ShadySue

  • There is a crack in everything
« Reply #141 on: September 03, 2013, 03:37 »
0
With all my personal caveats about the validity of the poll on the right, that's a huge drop for exclusives on iS reported so far.

« Reply #142 on: September 03, 2013, 07:53 »
+1
;
« Last Edit: May 12, 2014, 10:56 by Audi 5000 »

ShadySue

  • There is a crack in everything
« Reply #143 on: September 03, 2013, 08:13 »
+3
Just quickly adding up the numbers it looks to be down a lot for all sites.  Also it seems like for a lot of exclusives, they couldn't answer the poll yet because they don't know what the pp and GI sales are going to be for a few more weeks, unless you've already hit the upper limit of the poll.  For me I have no idea what GI will be this month but it wouldn't surprise me to anywhere from $400 to $1500.
I mentioned the GI thing a while back, and the suggestion was to just put in the month that you got the money, so if you got the GI money for July in August, count that as your August earnings, and that would apply to TS also for those who opted in.

« Reply #144 on: September 03, 2013, 08:14 »
0
Just quickly adding up the numbers it looks to be down a lot for all sites.  Also it seems like for a lot of exclusives they couldn't answer the poll yet because they don't know what the pp and GI sales are going to be for a few more weeks, unless you've already hit the upper limit of the poll.

I risk saying that the poll will become more and more irrelevant, this month I only added results for SS per example (usually I enter over 30/40 agencies), I just don't look at the poll with serious eyes anymore because its very different for everybody, if I have one agency doing very well why should I tell the "all world" about it? as time goes I believe that contributors will give less and less information at least regarding earnings, I have recently found an agency that was rarely talked about here and it looks very exciting

shudderstok

« Reply #145 on: September 03, 2013, 08:47 »
0
Just quickly adding up the numbers it looks to be down a lot for all sites.  Also it seems like for a lot of exclusives, they couldn't answer the poll yet because they don't know what the pp and GI sales are going to be for a few more weeks, unless you've already hit the upper limit of the poll.  For me I have no idea what GI will be this month but it wouldn't surprise me to be anywhere from $400 to $1500.

i guess i could zap the $2500 + choice today as it already exceeds that by much more, regardless of what GI turns in, i don't do any PP images as i will not support any subscription site in any way. i really wish they would offer choices of $3500+ $4500+ $5500+ etc. it might give a more accurate reading for every site as some people do make that much from all the various sites.

not that it matters of course.

i'd also like to see a few zaps on the stocksy site as my curiosity is activated.



WarrenPrice

« Reply #146 on: September 03, 2013, 08:52 »
0
Got my DT Newsletter this morning:  Very Professional.   :P

« Reply #147 on: September 03, 2013, 08:58 »
+1
Got my DT Newsletter this morning:  Very Professional.   :P

I guess I haven't got it but I can tell you what is professional, perhaps a candle glowing severely underexposed? ;D

« Reply #148 on: September 03, 2013, 23:25 »
+1
I risk saying that the poll will become more and more irrelevant, this month I only added results for SS per example (usually I enter over 30/40 agencies), I just don't look at the poll with serious eyes anymore because its very different for everybody, if I have one agency doing very well why should I tell the "all world" about it? as time goes I believe that contributors will give less and less information at least regarding earnings, I have recently found an agency that was rarely talked about here and it looks very exciting
Good to know now you keep your cards closer to your chest.  I hated how you used to reveal so much information in your blog.    ;)
« Last Edit: September 03, 2013, 23:27 by Digital66 »

« Reply #149 on: September 04, 2013, 06:33 »
0
I risk saying that the poll will become more and more irrelevant, this month I only added results for SS per example (usually I enter over 30/40 agencies), I just don't look at the poll with serious eyes anymore because its very different for everybody, if I have one agency doing very well why should I tell the "all world" about it? as time goes I believe that contributors will give less and less information at least regarding earnings, I have recently found an agency that was rarely talked about here and it looks very exciting
Good to know now you keep your cards closer to your chest.  I hated how you used to reveal so much information in your blog.    ;)

that su-cker is sleeping since November 2011 :D


 

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