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Author Topic: New Images DOA on Istock?  (Read 22869 times)

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lisafx

« on: June 13, 2010, 18:23 »
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I am really concerned that new images are not selling on Istock.  Out of 95 images accepted and online in month of May I have only had 23 sales.  Only one sale so far of the 25 approved in June.   That is about the worst performance I can remember for new images.  

I realize that images can take awhile to build momentum on Istock, but even so this is way below par performance of new images and series.  Even the ones that were DL'd right away as they came through the newly approved queue don't seem to have gotten any noticeable bump and haven't collected additional sales.  

Kind of makes me wonder why I am bothering to upload.  Anyone else experiencing the same?
« Last Edit: June 13, 2010, 18:54 by lisafx »


« Reply #1 on: June 13, 2010, 18:27 »
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My portfolio is tiny, but I think this is happening everywhere.  A few photos that I uploaded early on, last year when I was getting started, account for most of my sales.  New photos don't seem to be worth the effort.

« Reply #2 on: June 13, 2010, 19:04 »
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Lisa,

Are they getting views and no sales or no views at all?
I notice my new files that get a fair about of views begin to sell within three to four weeks after approval.

Almost nothing new sells for me in the first couple of weeks though.

lisafx

« Reply #3 on: June 13, 2010, 19:30 »
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They are getting some views, but hardly any sales. 

Hard to say if views are down or not since I have never paid too much attention to them before.  Only reason I am noticing them now is because there are so few sales. 

Not sure if it is just more looky-lou's, more competition, or lousy search position.  Or all of the above? 

This is why I want to know of others are experiencing the same. 

« Reply #4 on: June 13, 2010, 19:47 »
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Yeah, not just Istock, everywhere is slow right now for me. I had more downloads last year at same time period, nevermind portfolio size.
I got lots of views on I stock but not many sales. As you said mostly old files are getting sales.

« Reply #5 on: June 13, 2010, 20:04 »
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It seems to be business as usual for me there, although my sandbox is a little different than yours.

« Reply #6 on: June 13, 2010, 20:06 »
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For me my new images have been selling well on iStock, along with the images that have always been good sellers.  I am still trending up on all of my sites, but I am also shooting ~100 images a week & I think that keeps me rolling along.

« Reply #7 on: June 13, 2010, 21:46 »
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27 downloads from 60 pictures uploaded in May
74 downloads from 50 pictures uploaded in April
99 downloads from 50 pictures uploaded in March ...

« Reply #8 on: June 13, 2010, 22:43 »
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Not sure if it is just more looky-lou's, more competition, or lousy search position.  Or all of the above?

I struggled with this too, for a long time. Only my old crap sold. Recently, it got a bit better. I have the impression that new files have to catch off quickly, or they get buried deep down in the searches. I also had 2 flames removed last week since too much of a car was visible.

It isn't easy to get noticed today, and probably conventional subjects get flooded more easily by oversupply. iStock certainly made a very creative swing recently. I love to browse there, under newest.

I used to do landscapes/landmarks and models but inspired by Kone's port, I started to shoot objects/body parts/concepts in lightbox the past week, with a more unusual touch, like this and this. They are still in the queue on iStock, and mostly not uploaded by the 15-limit, but I'm curious whether this kind of content will take off better than engineers and business women with headsets.
« Last Edit: June 13, 2010, 22:47 by FD-amateur »

Dook

« Reply #9 on: June 14, 2010, 01:59 »
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I have even bigger problem than new files not selling. It is being new at IS. I have friends that are one or two years longer at IS (with almost the same size of port and not better ones) and they have about 10 or 15 times more downloads. It looks like you must be at least two years there to start making some money or to have fantastic pictures.

« Reply #10 on: June 14, 2010, 03:58 »
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Yeah, not just Istock, everywhere is slow right now for me.

Yep. I think it is just the general malaise affecting all of microstock __ too much competition, too many images covering virtually every subject and too many more images coming on-line every day/week/month. Supply is simply outstripping the increase in demand.

It's going to get worse too. At the current rate of growth the Big 3 agencies will probably double the size of their collections in the next two years but I doubt that demand and/or prices will double in the same timescale. I think it highly likely that earnings-per-image will decrease substantially for most of us.

The microstock bubble has quietly burst. If you have a mature portfolio and your earnings peaked in March you may never see those sort of numbers again. We'll have to wait for Sept/Oct/Nov to find out though.

« Reply #11 on: June 14, 2010, 04:11 »
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The microstock bubble has quietly burst. If you have a mature portfolio and your earnings peaked in March you may never see those sort of numbers again. We'll have to wait for Sept/Oct/Nov to find out though.
+1

PaulieWalnuts

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« Reply #12 on: June 14, 2010, 05:15 »
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Not sure if it is just more looky-lou's, more competition, or lousy search position.  Or all of the above? 

My new stuff usually takes a couple months to get some steam on IS.

But so far this month I'm on track for being down about 30% in revenue. This isn't the way it normally works. If I'm down it's usually a few precent. Nothing major. June seems really sluggish.

PaulieWalnuts

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« Reply #13 on: June 14, 2010, 05:22 »
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The microstock bubble has quietly burst.

Maybe, but I don't think this happens overnight. It's slowly deflating.

Maybe it's the summer slowdown. The economy here in the US seems to be stalling so I'm wondering if we're headed for a double-dip recession.

« Reply #14 on: June 14, 2010, 05:29 »
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We are find the same worrying trend with our new uploads too. Sales peaked this year in july and despite adding a great deal of new content we are seeing declines in DLs and the new content is not getting the sales it should.

Why?

I think a mixture of the following:

A stronger than usual summer slump.

The decrease in value of the euro versus the dollar

The massive increase in very high quality very similar content from contributors such as lalfor and pixdeluxe, although I notice their new content is suffering the same problems.

Istocks declining market share, which is being caused by the confusing stratification of their prices. We now have 3 separate prices for exclusive content: regular exclusive, exclusive plus & vetta. I think the more budget conscious buyer is seeing this for the blatant profit increasing stategy that this is and is taking their business elsewhere.


Just my two cents.


George

« Reply #15 on: June 14, 2010, 05:46 »
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Istocks declining market share, which is being caused by the confusing stratification of their prices. We now have 3 separate prices for exclusive content: regular exclusive, exclusive plus & vetta. I think the more budget conscious buyer is seeing this for the blatant profit increasing stategy that this is and is taking their business elsewhere.

I don't think Istock's market share is actually declining. On my graph both SS and FT are showing an almost identical percentage decline and DT is even worse. Whatever is happening is industry-wide IMHO __ hopefully it is just an unusually deep 'summer slowdown'. Istock have been remarkably stable for nearly 18 months now, relative to other agencies, steadily generating 37% of my stock income plus or minus 3%. As an independent contributor I have seen no obvious effect, either negative or positive, resulting from the new price structure.

michealo

« Reply #16 on: June 14, 2010, 05:57 »
0
We are find the same worrying trend with our new uploads too. Sales peaked this year in july and despite adding a great deal of new content we are seeing declines in DLs and the new content is not getting the sales it should.

Why?

I think a mixture of the following:

A stronger than usual summer slump.

The decrease in value of the euro versus the dollar

The massive increase in very high quality very similar content from contributors such as lalfor and pixdeluxe, although I notice their new content is suffering the same problems.

Istocks declining market share, which is being caused by the confusing stratification of their prices. We now have 3 separate prices for exclusive content: regular exclusive, exclusive plus & vetta. I think the more budget conscious buyer is seeing this for the blatant profit increasing stategy that this is and is taking their business elsewhere.


Just my two cents.


George

George am I correct in thinking you were involved in Stockbyte?

« Reply #17 on: June 14, 2010, 06:15 »
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The massive increase in very high quality very similar content from contributors such as lalfor and pixdeluxe, although I notice their new content is suffering the same problems.


Just my two cents.


George

Yes, "factories" have increased, and while Yuri just touched the best selling themes, some of the new ones have gone afeter mid and even low selling themes too. Often, they limit themselves to reshoot what already sells, with more means, equipment and proficiency. Not telling names, of course, but there are some "factory" portfolios where you can't find the tiniest spark of originality.

« Reply #18 on: June 14, 2010, 06:35 »
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The microstock bubble has quietly burst. If you have a mature portfolio and your earnings peaked in March you may never see those sort of numbers again. We'll have to wait for Sept/Oct/Nov to find out though.
+1

Now why, when I checked my stats, was I not surprised mine peaked in March with a mature potfolio!

I concur with Madelaides obervations about new images at IS - very poor sales initially.

Postitive observations welcome on a postcard..

Oldhand

« Reply #19 on: June 14, 2010, 06:43 »
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The massive increase in very high quality very similar content from contributors such as lalfor and pixdeluxe, although I notice their new content is suffering the same problems.

Just my two cents.

George
Yes, "factories" have increased, and while Yuri just touched the best selling themes, some of the new ones have gone afeter mid and even low selling themes too. Often, they limit themselves to reshoot what already sells, with more means, equipment and proficiency. Not telling names, of course, but there are some "factory" portfolios where you can't find the tiniest spark of originality.

A diploma from YuriUniversity doesn't pay what it used to ;) .

RT


« Reply #20 on: June 14, 2010, 06:54 »
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Often, they limit themselves to reshoot what already sells, with more means, equipment and proficiency. Not telling names, of course, but there are some "factory" portfolios where you can't find the tiniest spark of originality.

Can you blame them, for years some people have been bragging about how much they sell on microstock, why bother researching and then creating something that 'might' sell when there are so many easy and free resources that do the groundwork for them.

« Reply #21 on: June 14, 2010, 07:28 »
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It is not a question of blaming or not blaming. It's just facts. Maybe a matter of sel-esteem, too.

michealo

« Reply #22 on: June 14, 2010, 07:32 »
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I am really concerned that new images are not selling on Istock.  Out of 95 images accepted and online in month of May I have only had 23 sales.  Only one sale so far of the 25 approved in June.   That is about the worst performance I can remember for new images.  

I realize that images can take awhile to build momentum on Istock, but even so this is way below par performance of new images and series.  Even the ones that were DL'd right away as they came through the newly approved queue don't seem to have gotten any noticeable bump and haven't collected additional sales.  

Kind of makes me wonder why I am bothering to upload.  Anyone else experiencing the same?

This may not be what you want to hear but looking at your images some of them lack authenticity

The disabled wife is walking in pictures just a couple of rows up.

The lab scenes look contrived, with juxtaposed beakers of bright liquids and a microscope on what looks like a kitchen work surface

On another note senior financial advisor does not have pension or retirement as a keyword

I think these may have sold in the past but now the standards are higher and there are a lot of photographers with phenomenal attention to detail that you have to compete with.

It may be a summer slow down but it is all an elevation of standards.

« Reply #23 on: June 14, 2010, 07:56 »
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I used to do landscapes/landmarks and models but inspired by Kone's port, I started to shoot objects/body parts/concepts in lightbox the past week, with a more unusual touch, like this and this.


Hey, thanks FD :-[ ;D

« Reply #24 on: June 14, 2010, 08:14 »
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Supply is simply outstripping the increase in demand.

It's going to get worse too. At the current rate of growth the Big 3 agencies will probably double the size of their collections in the next two years but I doubt that demand and/or prices will double in the same timescale. I think it highly likely that earnings-per-image will decrease substantially for most of us.

Agree. Furthermore, the simple economy rules say that over-supply on a highly competitive open market should cause the prices drop.
Are we facing the nanostock ages?
Until there is no more demand the revenues will go down, year by year.
Can we create a demand? Probably yes, we can.


 

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