MicrostockGroup
Agency Based Discussion => iStockPhoto.com => Topic started by: Karen on May 21, 2014, 06:25
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iStock (essentials) vs Thinkstock
$1,919 / year $2,388 / year
750 dl/month 750 dl/month = 25 dl/day
without daily limit with daily limit
Why would anyone buy from Thinkstock ???
Am I missing something here?
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No you aren't missing anything here. My opinion is that thinkstock was costing too much when you look at cost benefit ratios, so they decided to redirect that effort into thinkstock, and possibly bundle a subs and a od model for sale. They are in such debt that something has got to give. I think the dissolve of thinkstock is a first major step towards some big news.
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I think the dissolve of thinkstock is a first major step towards some big news.
I guess Getty will close Thinkstock very soon.
They wasted so much money on Thinkstock marketing and all they achieved is
price sensitive clients moved from iStock to Thinkstock.
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Isnt the general thought that Getty was pushing customers from IS to TS? Why would they kill off TS now? Change of heart?
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Why would they kill off TS now?
Getty created Thinkstock to compete with Shutterstock on subscriptions but Thinkstock failed to do it.
Now Getty brought subscriptions to iStock and made it even cheaper then Thinkstock.
I think they will close Thinkstock very soon to concentrate everything in one place.
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So Getty is now going to call all their customers they called to move to TS again, and tell them, hey TS isnt making us enough money, can you please move back to buying from IS where we made images cheaper?
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They will do the same thing they did with photos.com ex-customers.
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Why would they kill off TS now?
Getty created Thinkstock to compete with Shutterstock on subscriptions but Thinkstock failed to do it.
Now Getty brought subscriptions to iStock and made it even cheaper then Thinkstock.
I think they will close Thinkstock very soon to concentrate everything in one place.
I earn in getty family 15% IS and 85% TH.
Thinkstock was a pitbul created to compete to SS but ... was IS who drop...
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Getty is interested to boost the competition with SS
and to keep the operation costs as low as possible.
Adding subscription to iStock immediately
made a big drop in SS stock price.
Closing Thinkstock will save them lots of money
To pay their debt back.
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So Getty is now going to call all their customers they called to move to TS again, and tell them, hey TS isnt making us enough money, can you please move back to buying from IS where we made images cheaper?
Why would they do this?
http://www.istockphoto.com/forum_messages.php?threadid=359606&page=1 (http://www.istockphoto.com/forum_messages.php?threadid=359606&page=1)
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So Getty is now going to call all their customers they called to move to TS again, and tell them, hey TS isnt making us enough money, can you please move back to buying from IS where we made images cheaper?
Why would they do this?
[url]http://www.istockphoto.com/forum_messages.php?threadid=359606&page=1[/url] ([url]http://www.istockphoto.com/forum_messages.php?threadid=359606&page=1[/url])
I dont see how that answers my questions. I know about subs on IS, but why would Getty move buyers from IS to TS and back to IS again? All they achieve with that is that buyers move away from Getty altogether.
SS is still running BS. Its the same as IS and TS next to each other.
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So Getty is now going to call all their customers they called to move to TS again, and tell them, hey TS isnt making us enough money, can you please move back to buying from IS where we made images cheaper?
Why would they do this?
[url]http://www.istockphoto.com/forum_messages.php?threadid=359606&page=1[/url] ([url]http://www.istockphoto.com/forum_messages.php?threadid=359606&page=1[/url])
I dont see how that answers my questions. I know about subs on IS, but why would Getty move buyers from IS to TS and back to IS again? All they achieve with that is that buyers move away from Getty altogether.
SS is still running BS. Its the same as IS and TS next to each other.
Cost. Of course we don't know for sure but we also don't know what the deep debt is forcing them to do and what cost cutting measures they are implementing. It does cost to run redundant sites. Bigstock already existed, thinkstock didn't.
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Thinkstock weird prices:
one-month subscription = $99 / month
one-year subscription = $199 / month
Make sense?
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No, I wondered if that's to push people onto iS subs, but this is what I'm seeing on TS's UK site:
(http://www.lizworld.com/TS.jpg)
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maybe you should know one thing:
www.fotomore.com (http://www.fotomore.com) this is a chinese stock, and it was from is. the price is 16500 CNY for one-year sub which allow to download 9000 pictures in all.
and it limited 750 per month.
so it is 1.8333 CNY per picture. it means 30 cent dollar per picture.
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maybe you should know one thing:
[url=http://www.fotomore.com]www.fotomore.com[/url] ([url]http://www.fotomore.com[/url]) this is a chinese stock, and it was from is. the price is 16500 CNY for one-year sub which allow to download 9000 pictures in all.
and it limited 750 per month.
so it is 1.8333 CNY per picture. it means 30 cent dollar per picture.
I looked there and found some of my images. Seems to be an 'official' site, but I don't know for sure.
I couldn't at first glance find a way to sign up there without understanding Chinese. Maybe it is a 'new market'? (Or maybe I'm just unobservant or not persistent enough.)
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maybe you should know one thing:
[url=http://www.fotomore.com]www.fotomore.com[/url] ([url]http://www.fotomore.com[/url]) this is a chinese stock, and it was from is. the price is 16500 CNY for one-year sub which allow to download 9000 pictures in all.
and it limited 750 per month.
so it is 1.8333 CNY per picture. it means 30 cent dollar per picture.
I looked there and found some of my images. Seems to be an 'official' site, but I don't know for sure.
I couldn't at first glance find a way to sign up there without understanding Chinese. Maybe it is a 'new market'? (Or maybe I'm just unobservant or not persistent enough.)
Yes, seems to be a site of Visual China Group which are the distribution partner of Getty Images in mainland China.
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I also think we are seeing Getty create an "all in one" product so it makes selling it more attractive.
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I also think we are seeing Getty create an "all in one" product so it makes selling it more attractive.
Thinkstock is "all-in-one" - it's got a lot of stuff from Getty collections, and I think even "photographer's choice", which isn't in iStock.
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A while ago (last year? year before?) on one of the iS buyer surveys, they specifically asked if buyers would like to see all the Getty-family offerings together on one site, so clearly they've been thinking about it for a while.
It would be good for buyers, but no doubt they'd find a way of making it even worse for contributors. Although e.g. making a 20% flat rate payment would be better for iS indies, it would be worse for exclusives.
I had some ideas about what they might do, but as always, they completely side-swiped me by putting all non-Vettas into Subs. ::)
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I also think we are seeing Getty create an "all in one" product so it makes selling it more attractive.
Thinkstock is "all-in-one" - it's got a lot of stuff from Getty collections, and I think even "photographer's choice", which isn't in iStock.
It hasn't (currently) got opted-out or recent (past year) files from Exclusives.
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maybe you should know one thing:
[url=http://www.fotomore.com]www.fotomore.com[/url] ([url]http://www.fotomore.com[/url]) this is a chinese stock, and it was from is. the price is 16500 CNY for one-year sub which allow to download 9000 pictures in all.
and it limited 750 per month.
so it is 1.8333 CNY per picture. it means 30 cent dollar per picture.
of which, if the file originated in iStock, indies get 15% flat and exclusives get 20% flat.
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Isnt the general thought that Getty was pushing customers from IS to TS? Why would they kill off TS now? Change of heart?
Kill TS and move people home to IS Getty. My sales are already up double last month and I have my first gray bar on the chart last month. Maybe IS does something right for a change. Name brand IS better then nothing name thinkstock.
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???
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Did you dredge up this old thread for a reason?
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my subsales from thinkstock are really down in the present!!!! >:(
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I also earn more from Thinkstock than IS.. :-\