Author Topic: iStock removing real time reporting of credit sales (Read 4767 times)

hatman12 · « **on:** November 01, 2016, 01:00 »

As part of the integration with Getty's sales reporting, they are taking away real time reporting of credit sales. Credit sales will now be reported monthly in arrears the same as subs. Looks like we will lose an entire month's earnings when they switch to this in January - January's credit sales will be reported on February 20th, and if they follow Getty's payment system, the February statement will be paid in March. Hope I'm wrong, but that's how I read it.

Justanotherphotographer · « **Reply #1 on:** November 01, 2016, 01:38 »

That is how I read it too. So they bought an (at the time) innovative company and instead of learning from it and trying to upgrade Getty's antiquated way of doing things they have dragged IStock's systems back. We were expecting real time reporting of Subs/ PP sales at some point and instead this.

Reminds me of China taking Hong Kong back, "One country two systems, we super serious pinky swear"

Pauws99 · « **Reply #2 on:** November 01, 2016, 02:15 »

They also say this "We understand how important it is for you to have real time data on the performance of your content. Moving to the same back end technology platform as Getty Images means that we’ll be able to provide better stats on customer interactions with your content than was possible previously. We’ll have the foundation of this new stats approach in January and will enhance it over time. " So totally confused...who writes their stuff?....."customer interactions with your content"...that means views and sales right? Actually all they need to say is "From January we will be improving our stats of views and sales" (If indeed its whats intended).

obj owl · « **Reply #3 on:** November 01, 2016, 03:11 »

Quote from: Pauws99 on November 01, 2016, 02:15

They also say this "We understand how important it is for you to have real time data on the performance of your content. Moving to the same back end technology platform as Getty Images means that we’ll be able to provide better stats on customer interactions with your content than was possible previously. We’ll have the foundation of this new stats approach in January and will enhance it over time. " So totally confused...who writes their stuff?....."customer interactions with your content"...that means views and sales right? Actually all they need to say is "From January we will be improving our stats of views and sales" (If indeed its whats intended).

and refunds.

YadaYadaYada · « **Reply #4 on:** November 01, 2016, 22:54 »

Quote from: obj owl on November 01, 2016, 03:11

Quote from: Pauws99 on November 01, 2016, 02:15
They also say this "We understand how important it is for you to have real time data on the performance of your content. Moving to the same back end technology platform as Getty Images means that we’ll be able to provide better stats on customer interactions with your content than was possible previously. We’ll have the foundation of this new stats approach in January and will enhance it over time. " So totally confused...who writes their stuff?....."customer interactions with your content"...that means views and sales right? Actually all they need to say is "From January we will be improving our stats of views and sales" (If indeed its whats intended).

and refunds.

Exciting news from IS as usual. Most of us call it plain old BS.

ShadySue · « **Reply #5 on:** November 02, 2016, 04:35 »

Still, there will be fewer and fewer credit sales, so although I don't like it, it won't have much real effect. But of course it would have been preferable if they were going to report all sales in real time.

cobalt · « **Reply #6 on:** November 02, 2016, 05:05 »

It could mean you will get some Information on who buys your files, including from which country. But of course they could just give examples of what is coming.

Overall it is bizzare that the modern istock was thrown back into gettys late reporting system.