MicrostockGroup Sponsors


Poll

iStock sales VOLUME since the start of Jy?

Independent - Significantly up
Independent - About the same
Independent - Significantly down
Exclusive - Significantly up
Exclusive - About the same
Exclusive - Significantly down

Author Topic: Istock sales since price changes  (Read 21842 times)

0 Members and 1 Guest are viewing this topic.

« on: July 08, 2013, 07:13 »
0
Vote on sales volume, not sales value, please.

My sales over the last week have been about 50% up on the average I've been running so far this year (taking the week as a quarter of a month). It seems clear that the dollar bin pricing has pulled in some sales, though actual earnings are well down on the earlier average (most of what is selling was previously in "Photo+").

There are two obvious questions: One is whether my experience is typical of indes. The other is, if so, have we just pulled some sales away from exclusives or does this reflect an iStock strategic triumph, pulling hordes of buyers back to the site. I think the questions above should give an indication of that, if there are enough replies.
« Last Edit: July 08, 2013, 07:21 by BaldricksTrousers »


« Reply #1 on: July 08, 2013, 07:20 »
0
How can I not vote significantly down when I am getting a buck for what I used to get $3 for? And my volume hasn't gone up. My playing field is relatively the same as everyone else so I have a hard time accepting that my sales will be "about the same" (unless they really do attract new buyers and frequency goes up).  Give it until after July then we will have our first full month, but right now, way down for me.

« Reply #2 on: July 08, 2013, 07:23 »
0
How can I not vote significantly down when I am getting a buck for what I used to get $3 for? And my volume hasn't gone up. My playing field is relatively the same as everyone else so I have a hard time accepting that my sales will be "about the same" (unless they really do attract new buyers and frequency goes up).  Give it until after July then we will have our first full month, but right now, way down for me.

I meant to be about the NUMBER of sales, Mantis, not the value received. You can change your vote if you want to.

« Reply #3 on: July 08, 2013, 07:31 »
0
How can I not vote significantly down when I am getting a buck for what I used to get $3 for? And my volume hasn't gone up. My playing field is relatively the same as everyone else so I have a hard time accepting that my sales will be "about the same" (unless they really do attract new buyers and frequency goes up).  Give it until after July then we will have our first full month, but right now, way down for me.

I meant to be about the NUMBER of sales, Mantis, not the value received. You can change your vote if you want to.

Hmmmm, ok I will go have a look & repost.

« Reply #4 on: July 08, 2013, 08:05 »
+1
About the same number of sales for half the value.

wds

« Reply #5 on: July 08, 2013, 08:07 »
0
Similar sales, but it's way too early to make a call on this.

« Reply #6 on: July 08, 2013, 08:14 »
0
Sales volume is up by about 30-35% over the first few months of the year. And that is in the middle of the summer with Canada Day and Independence Day.

Money is down by about 20%...


« Reply #7 on: July 08, 2013, 08:32 »
+2
Can't vote because I deleted all of my images.

« Reply #8 on: July 08, 2013, 08:46 »
0
June was my worst month ever as exclusive and July seems to be even worse. This is the first time since I became exclusive that I'm seriously worried about sales.

ShadySue

« Reply #9 on: July 08, 2013, 08:56 »
0
I do my weekly stats on a Sunday, and the week ending yesterday was my 2nd WWY (by one) for dls. Exactly 25% down on the corresponding week last year, and c50% down on the corresponding week in 2011.
The last two weeks in June were c10% down on the same two weeks in June 2012, and >50% on the corresponding weeks of June 2011.
Voted: Exclusive - sugnificantly down.
« Last Edit: July 08, 2013, 09:37 by ShadySue »

mlwinphoto

« Reply #10 on: July 08, 2013, 09:11 »
0
Sales volume is waaaaaaaayyyyyy down (indie).  That combined with the slashing of what I get per sale and iStock has become a non-issue for me.  I'll leave my port but won't be uploading any new material until, and if, things change.

« Reply #11 on: July 08, 2013, 09:12 »
0
Similar sales, but it's way too early to make a call on this.

My idea is that if enough people take the trouble to vote, the overall result will compensate for the limited number of days. I've also allowed for votes to be changed if people want to come back when they have more data. I was very surprised to see that my own sales were so much up despite the summer.

« Reply #12 on: July 08, 2013, 10:32 »
+1
About the same number but way lower return.

I'll wait with uploading my new images till they have completed the transition to the new collection structure.

« Reply #13 on: July 08, 2013, 10:56 »
0
Similar sales, but it's way too early to make a call on this.

My idea is that if enough people take the trouble to vote, the overall result will compensate for the limited number of days. I've also allowed for votes to be changed if people want to come back when they have more data. I was very surprised to see that my own sales were so much up despite the summer.

How do you change your vote? Just realised I voted as non-exclusive, but I'm exclusive.

« Reply #14 on: July 08, 2013, 12:06 »
0
Similar sales, but it's way too early to make a call on this.

My idea is that if enough people take the trouble to vote, the overall result will compensate for the limited number of days. I've also allowed for votes to be changed if people want to come back when they have more data. I was very surprised to see that my own sales were so much up despite the summer.

How do you change your vote? Just realised I voted as non-exclusive, but I'm exclusive.

I'm not sure - I can only see the author's version of the poll, but I clicked the box to allow the vote to change when I set it up  - do you have a button anywhere around the poll saying you can edit or change your vote?

Ron

« Reply #15 on: July 08, 2013, 12:47 »
0
I cant edit my vote, the option is not there.

« Reply #16 on: July 08, 2013, 12:50 »
0
I'm exclusive and vector.  I removed my photos in February.  Most of my port is Signature = 15 credit, but pricing is differs wildly from sale to sale.
June 15 thru 30 = 12 sales
July 1 thru 7 = 18 sales

« Reply #17 on: July 08, 2013, 13:02 »
0
July is always  slow, so the price change is hard to factor in. That said I sold a large file today for $24.75 An image  that was moved to Vetta in the change and my first new Vetta in years.

« Reply #18 on: July 08, 2013, 13:22 »
0
Sales are down by half.  Income, of course, is one third on each sale now that everything is in the main collection.  IS is being outsold byDT, FT, 123, deposit, and can stock.  They aren't in the same league as SS.  I will not be submitting, and if I don't see improvement I will withdraw my images in September.

« Reply #19 on: July 08, 2013, 14:44 »
0
download numbers the same, $$ exactly half  - not good for me

« Reply #20 on: July 08, 2013, 14:45 »
0
It's still a bit too early to tell. It seems that my sales volume is somewhat higher, than before the price reductions, but it is certainly not definitive or high enough to warrant a 'Significantly Higher' vote.

Of course the revenue is hugely down ... and that's the statistic that really matters. If my projections, based on the new lower RPD, turn out as badly as I am expecting then I will be down about $350 per month. Of course, if that happens, then Istock's revenue (from my sales) will also be down about $1600 per month. They are taking a HUGE hit on revenue from independent contributors. They've pretty much pressed the nuclear button with this gamble.

lisafx

« Reply #21 on: July 08, 2013, 18:29 »
+1
It's still a bit too early to tell. It seems that my sales volume is somewhat higher, than before the price reductions, but it is certainly not definitive or high enough to warrant a 'Significantly Higher' vote.

Of course the revenue is hugely down ... and that's the statistic that really matters. If my projections, based on the new lower RPD, turn out as badly as I am expecting then I will be down about $350 per month. Of course, if that happens, then Istock's revenue (from my sales) will also be down about $1600 per month. They are taking a HUGE hit on revenue from independent contributors. They've pretty much pressed the nuclear button with this gamble.

I agree with the entire post above, but bolded the part about sales being slightly or somewhat up, but not enough describe as "significant". 

I voted about the same, but they are slightly up.  Money WAY down though.  Down a lot more than I had expected. 

PaulieWalnuts

  • On the Wrong Side of the Business
« Reply #22 on: July 08, 2013, 19:07 »
0
And in addition to the price changes they seem to have done a massive best match change that favors older highly download files.  Good times.

ShadySue

« Reply #23 on: July 08, 2013, 19:13 »
0
And in addition to the price changes they seem to have done a massive best match change that favors older highly download files.  Good times.
This has been the case for a few months now. In fact, new files have been doa since September.
Also remember that you're not always actually being shown the Best Match sort even if you wanted it and it says Best Match as the sort at the top of the page.

« Reply #24 on: July 08, 2013, 19:16 »
+1
Is anyone planning to delete their portfolio or deactivate files because of this? I'm considering deactivating some of my best sellers in response to this, but I'm wondering what others doing, if anything.


 

Related Topics

  Subject / Started by Replies Last post
7 Replies
3107 Views
Last post March 07, 2012, 03:36
by Konstantin Sutyagin
11 Replies
3509 Views
Last post January 25, 2013, 11:39
by cascoly
72 Replies
12065 Views
Last post August 22, 2013, 20:09
by lisafx
2 Replies
1501 Views
Last post October 10, 2014, 09:58
by grace
7 Replies
2104 Views
Last post August 21, 2017, 16:24
by niktol

Sponsors

Microstock Poll Results