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Author Topic: Main collection price increase  (Read 3782 times)

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KB

« on: May 08, 2014, 17:08 »
+4
Sometime in the last few days, the price of Main files increased 1 credit for all sizes M and above.

S: 2-->2
M: 3-->4
L: 4-->5
XL: 5-->6
XXL: 6-->7
XXXL: 7-->8

That's a 33% price increase on Medium, but only 14% by the time you get up to XXXL.


« Reply #1 on: May 08, 2014, 17:17 »
0
Interesting. How will customers react? It is not a drastic increase, but now that they have a subs package will it have an influence? Or are subs and credit sales totally unrelated?

Good my files are opted out of dpc. I wouldn't want to undercut the credit pricing of the major sites, including istock.

KB

« Reply #2 on: May 08, 2014, 17:25 »
0
It is not a drastic increase, but now that they have a subs package will it have an influence? Or are subs and credit sales totally unrelated?
I don't buy into Getty's argument (initially made for TS, and then re-iterated for the new IS subs package) that credit and sub buyers are 2 entirely different markets. So any credit price rise makes subscription plans that much more attractive (or, put another way, attractive to even more buyers).

ShadySue

  • There is a crack in everything
« Reply #3 on: May 08, 2014, 17:34 »
+1
It is not a drastic increase, but now that they have a subs package will it have an influence? Or are subs and credit sales totally unrelated?
I don't buy into Getty's argument (initially made for TS, and then re-iterated for the new IS subs package) that credit and sub buyers are 2 entirely different markets. So any credit price rise makes subscription plans that much more attractive (or, put another way, attractive to even more buyers).
You mean, more attractive to existing iStock buyers.

KB

« Reply #4 on: May 08, 2014, 17:52 »
+2
It is not a drastic increase, but now that they have a subs package will it have an influence? Or are subs and credit sales totally unrelated?
I don't buy into Getty's argument (initially made for TS, and then re-iterated for the new IS subs package) that credit and sub buyers are 2 entirely different markets. So any credit price rise makes subscription plans that much more attractive (or, put another way, attractive to even more buyers).
You mean, more attractive to existing iStock buyers.
An increase in prices of credits wouldn't have any positive effect in attracting new buyers to IS, of course. But new buyers considering iStock anyway would similarly be more interested in the sub plan the more expensive credit sales become.

However, the increase as cobalt mentioned is, in absolute terms, still modest, so the affect will probably be modest as well.

« Reply #5 on: May 08, 2014, 23:25 »
+2
Sometime in the last few days, the price of Main files increased 1 credit for all sizes M and above.

S: 2-->2
M: 3-->4
L: 4-->5
XL: 5-->6
XXL: 6-->7
XXXL: 7-->8

That's a 33% price increase on Medium, but only 14% by the time you get up to XXXL.

Looks like you're ordering t-shirts for the beer league.

« Reply #6 on: May 09, 2014, 00:57 »
0
I have sales from 3:15pm on the 7th at the old prices so it is a very recent change.

« Reply #7 on: May 09, 2014, 01:40 »
+3
Good. I had "promoted" all my best selling files and the shake-up last summer knocked my earnings down by a third.
The scrapping of the web size and this price increase make a complete mockery of the "half price forever" claim, though, doesn't it?

Ron

« Reply #8 on: May 09, 2014, 01:53 »
+3
Istock is the business equivalent of bipolar.

No wonder buyers like to where pricing is stable and easy to understand.

ShadySue

  • There is a crack in everything
« Reply #9 on: May 09, 2014, 05:02 »
+1
Good. I had "promoted" all my best selling files and the shake-up last summer knocked my earnings down by a third.
The scrapping of the web size and this price increase make a complete mockery of the "half price forever" claim, though, doesn't it?

Not at all. Main files still undercut Signaure files by well over 50%.
« Last Edit: May 09, 2014, 06:28 by ShadySue »

« Reply #10 on: May 09, 2014, 07:09 »
0
Good. I had "promoted" all my best selling files and the shake-up last summer knocked my earnings down by a third.
The scrapping of the web size and this price increase make a complete mockery of the "half price forever" claim, though, doesn't it?

Not at all. Main files still undercut Signaure files by well over 50%.

It wasn't half the price of Signature files, it was half the price the main collection used to be before the "half-price forever" promise came in. Mind you, I can see that they might choose to reinterpret what they said if anybody challenged it.

ShadySue

  • There is a crack in everything
« Reply #11 on: May 09, 2014, 07:14 »
+2
Good. I had "promoted" all my best selling files and the shake-up last summer knocked my earnings down by a third.
The scrapping of the web size and this price increase make a complete mockery of the "half price forever" claim, though, doesn't it?

Not at all. Main files still undercut Signaure files by well over 50%.

It wasn't half the price of Signature files, it was half the price the main collection used to be before the "half-price forever" promise came in. Mind you, I can see that they might choose to reinterpret what they said if anybody challenged it.

They usually word things to be ambiguous, so that they can reinterpret them as they wish.


 

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