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Author Topic: iStock's Alexa Rank continues to drop  (Read 51548 times)

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Poncke

« Reply #100 on: January 01, 2013, 10:55 »
0
SS royalties are around  23-25%
Not for everyone, a good friend of mine showed me their stats and they had around 33 cents per DL average and SS says it sells the average image for $2.36.  That come's to 13.9% I think.
Thats a wrong way of calculating royalties


traveler1116

« Reply #101 on: January 01, 2013, 10:57 »
0
SS royalties are around  23-25%
Not for everyone, a good friend of mine showed me their stats and they had around 33 cents per DL average and SS says it sells the average image for $2.36.  That come's to 13.9% I think.
Thats a wrong way of calculating royalties
How would you do it then?

Poncke

« Reply #102 on: January 01, 2013, 11:05 »
0
SS royalties are around  23-25%
Not for everyone, a good friend of mine showed me their stats and they had around 33 cents per DL average and SS says it sells the average image for $2.36.  That come's to 13.9% I think.
Thats a wrong way of calculating royalties
How would you do it then?
Calculate the licence price and compare it with the royalty received. So if an EL is bought for 80 dollar and you get 28 the royalty is 35% but it differs per package etc. Some people calculated royalties are between 23-25% on SS

« Reply #103 on: January 01, 2013, 11:08 »
0
Or divide the total earnings in a month by the total downloads. In my case that gave 79c per dl in December. If the average sale price was $2.36 then my commission was 33.5%.


Poncke

« Reply #104 on: January 01, 2013, 11:22 »
0
I still believe that doesnt add up either. You cant use an overall SS average sales price and take your monthly numbers to get a royalty percentage. If you take the 2.36 then you need to use the total amount SS paid contributors divided by the number of contribs and then you know the percentage SS pays.

traveler1116

« Reply #105 on: January 01, 2013, 11:24 »
0
Or divide the total earnings in a month by the total downloads. In my case that gave 79c per dl in December. If the average sale price was $2.36 then my commission was 33.5%.
That's what I did, 33 cents was the average DL which is why they had around 14%.

« Reply #106 on: January 01, 2013, 11:25 »
+1
SS royalties are around  23-25%
Not for everyone, a good friend of mine showed me their stats and they had around 33 cents per DL average and SS says it sells the average image for $2.36.  That come's to 13.9% I think.

You could equally argue that SS pays up to 130% royalty on subs. If someone bought a one month subscription and downloaded all their entitlement then the revenue to SS would equate to 32c per image. However SS might have to pay 38c royalty + 3c referral on each of those downloads.

Funny things 'stats'.

traveler1116

« Reply #107 on: January 01, 2013, 11:28 »
0
SS royalties are around  23-25%
Not for everyone, a good friend of mine showed me their stats and they had around 33 cents per DL average and SS says it sells the average image for $2.36.  That come's to 13.9% I think.

You could equally argue that SS pays up to 130% royalty on subs. If someone bought a one month subscription and downloaded all their entitlement then the revenue to SS would equate to 32c per image. However SS might have to pay 38c royalty + 3c referral on each of those downloads.

Funny things 'stats'.
I don't think you can, SS never said that 100% of all subscription buyers download 100% of their possible subs, but they did say that the average license is $2.36.  I take it you are saying that since you can't find the exact number you'll assume they are paying 130% royalty rate?  I think we can get closer to the actual numbers than that.  What would you say is the royalty rate for someone with an RPD of 33 cents at SS?

« Reply #108 on: January 01, 2013, 11:45 »
0
so if the ss average sale is 2,36
and my average income pr picture is 0,79
the percentage is about 29%
Thats much better than 16%

And income pr picture is rising at ss.

lisafx

« Reply #109 on: January 01, 2013, 12:06 »
+2

No some places (SS) have commissions as low as 14%.

Commissions "as low as 14%" may be possible for some - I don't know, but I'll take your word on that - but that's on some sales.  Some sales will have considerably higher commission rates, bringing the average commission up. 

On Istock, for someone at 15%, that's what they get on ALL their sales.  That is not just on some sales or even an average.  It's the whole thing.  I am sure you aren't arguing that is fair.   

Poncke

« Reply #110 on: January 01, 2013, 12:08 »
0
You cant use the 2,36 average paid over 20m images and so many different licences and use it to calculate your own royalty. Doesnt work, its mathematically wrong.  Its a fallacy.

« Reply #111 on: January 01, 2013, 12:11 »
0
What would you say is the royalty rate for someone with an RPD of 33 cents at SS?


If that is the case then that individual should be more concerned about the quality of their portfolio than their royalty percentage. Must be a reason why they are getting so few OD, EL and SOD sales. As with BT my own RPD at SS is more than double that.

Even a newbie at SS, starting on the basic 25c royalty, would probably average an RPD of at least 50c. Don't forget you've only got to earn $500 in total before you get promoted to 33c per sub sale anyway. The next step is $3K when the rate goes up to 36c. It is totally beyond me how anyone can have an average RPD of 33c at SS unless it happened to be their first month.

http://submit.shutterstock.com/earnings_schedule.mhtml

traveler1116

« Reply #112 on: January 01, 2013, 12:12 »
0

No some places (SS) have commissions as low as 14%.

Commissions "as low as 14%" may be possible for some - I don't know, but I'll take your word on that - but that's on some sales.  Some sales will have considerably higher commission rates, bringing the average commission up. 

On Istock, for someone at 15%, that's what they get on ALL their sales.  That is not just on some sales or even an average.  It's the whole thing.  I am sure you aren't arguing that is fair.
Nope neither is fair.  If some sales get a higher % then others get a lower % to make the average.

You cant use the 2,36 average paid over 20m images and so many different licences and use it to calculate your own royalty. Doesnt work, its mathematically wrong.  Its a fallacy.
Then what would you say is the royalty for someone with an RPD of 33 cents?

Poncke

« Reply #113 on: January 01, 2013, 12:13 »
0
My RPD at SS is 55 cent, is that respectable?

Poncke

« Reply #114 on: January 01, 2013, 12:16 »
0

No some places (SS) have commissions as low as 14%.

Commissions "as low as 14%" may be possible for some - I don't know, but I'll take your word on that - but that's on some sales.  Some sales will have considerably higher commission rates, bringing the average commission up. 

On Istock, for someone at 15%, that's what they get on ALL their sales.  That is not just on some sales or even an average.  It's the whole thing.  I am sure you aren't arguing that is fair.
Nope neither is fair.  If some sales get a higher % then others get a lower % to make the average.

You cant use the 2,36 average paid over 20m images and so many different licences and use it to calculate your own royalty. Doesnt work, its mathematically wrong.  Its a fallacy.
Then what would you say is the royalty for someone with an RPD of 33 cents?
How should I know? That number tells me nothing. Like I said SS doesnt have percentages, they pay a fixed royalty depending on the licence. But the IPO reveiled that SS sold at an average per image, they sold so many images, and they paid a total of so many millions to about 33k contributors, and then you have an average royalty of 23-25% I believe.

« Reply #115 on: January 01, 2013, 12:18 »
0
Then what would you say is the royalty for someone with an RPD of 33 cents?

But nobody actually has 'an RPD of 33c' at SS do they __ so it's pointless asking the question.

Like I said you've only got to earn $500 to get that much for subs and any other single sale will push you above it.

ShadySue

  • There is a crack in everything
« Reply #116 on: January 01, 2013, 12:22 »
0
My RPD at SS is 55 cent, is that respectable?
Surely that decision is only for you to make?

traveler1116

« Reply #117 on: January 01, 2013, 12:22 »
-1
Then what would you say is the royalty for someone with an RPD of 33 cents?

But nobody actually has 'an RPD of 33c' at SS do they __ so it's pointless asking the question.

Like I said you've only got to earn $500 to get that much for subs and any other single sale will push you above it.
I know the "nobody" who has an RPD of 33 cents and have seen the stats.  I agree in the future they will get more than 14% but that doesn't change what they are getting now.

Poncke

« Reply #118 on: January 01, 2013, 12:45 »
0
Here from the IPO

Quote
Royalties are calculated using either a fixed dollar amount or a fixed percentage of revenue as described on our websites.


Quote
Royalties increased $10.8 million, or 47%


If 10.8m is an increase of 47% then the total paid royalties is 33.7m. They had a revenue of 120,2m. So the royalties paid is 28% based on those numbers

http://www.sec.gov/Archives/edgar/data/1549346/000104746912005905/a2209364zs-1.htm

Poncke

« Reply #119 on: January 01, 2013, 12:47 »
0
My RPD at SS is 55 cent, is that respectable?
Surely that decision is only for you to make?
I mean is that average, low or high?

« Reply #120 on: January 01, 2013, 12:50 »
0
Then what would you say is the royalty for someone with an RPD of 33 cents?

But nobody actually has 'an RPD of 33c' at SS do they __ so it's pointless asking the question.

Like I said you've only got to earn $500 to get that much for subs and any other single sale will push you above it.
I know the "nobody" who has an RPD of 33 cents and have seen the stats.  I agree in the future they will get more than 14% but that doesn't change what they are getting now.
So I presume they're on the lowest subs tier with very few on demand EL's or SOD's?  If so, it's easy to increase RPD by working hard for a few months.  I don't have a problem with that, I wish all the sites did it like SS.  When you get to the top tier, you stay there, unlike istock that have punished the people that have sold lots over the years.  And they haven't moved the goalposts, unlike FT.

lisafx

« Reply #121 on: January 01, 2013, 13:00 »
0
My RPD at SS is 55 cent, is that respectable?
Surely that decision is only for you to make?
I mean is that average, low or high?

I don't think there's any way for us to know that here.  Only SS knows the average across all contributors.  I would guestimate you are somewhere in the middle.  Mine is .74 because I am on the highest tier, but you are probably well above people who are on the lowest tier, which I would imagine is the vast majority of contributors. 

Also, as you climb the tiers, you will see that go up.  Unfortunately, there is no tier above the one I have been on for years, so mine will not likely go up unless I see a big increase in OD and EL sales. 

« Reply #122 on: January 01, 2013, 13:05 »
+1
Is there some point to this p*33ing contest that I'm missing?

iStock's Alexa rank doesn't rise if SS's compensation of a new contributor is low; SS pays out very good monthly totals and as far as I know, any profits are ploughed back in to building the business further - not being siphoned off for private equity. Comparing royalty rates on dissimilar models doesn't really illuminate anything much.

It seems that this started because someone said the equivalent of "istock's royalties suck". For independents, they do - they used to be 20% and now they aren't (don't bring up Yuri - he's a factory). Whatever SS's royalties are, they haven't dropped.

If the message is that there are other sucky sites out there, not just iStock, how about we just take that as a given - it's clearly the case - so we can stop this distraction of discussing other sites' failings the minute any iStock failing is brought up.

« Reply #123 on: January 01, 2013, 13:14 »
0
what?
Istock is failing
Shutter is not.

« Reply #124 on: January 01, 2013, 13:17 »
+1
I know the "nobody" who has an RPD of 33 cents and have seen the stats.  I agree in the future they will get more than 14% but that doesn't change what they are getting now.


Where's the supporting data for your claimed "14%"?

Here's some facts for you. In 2011 SS sold 58.6M images ... which generated $120M in revenue ... which means a total revenue per sale of $2.05.

If your friend really does have an RPD of 33c then, dividing that number by $2.05, it would mean a percentage rate of 16.1%. You should tell your friend to pull his or her finger out because most of us are earning 30%+.

Here's the actual published data for you;

http://www.sec.gov/Archives/edgar/data/1549346/000104746912005905/a2209364zs-1.htm


 

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