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Author Topic: P+ How are your sales?  (Read 11804 times)

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lisafx

« on: May 19, 2011, 16:55 »
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It's probably too soon to tell, but I am alarmed at the drop in sales I am experiencing at IS the past several days. 

Downloads have dropped more than 20% this week from the first week of May (pre P+), and the first week of May was already PITIFUL - down 30% or more from average. 

The few images that ARE selling are about half from my P+ collection, so royalties are propped up.  This is nothing like the first week or so of P+, where DLs stayed the same and income rose.

Is this a foretelling of things to come?   Has P+ scared off some of my buyers, or is this just some random best match shift I got the short end of? 

Would like to compare notes with others...


« Reply #1 on: May 19, 2011, 17:02 »
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I would think just a little short-term bad luck on your part Lisa. My sales are if anything marginally better since P+ was introduced and May should certainly be better than April in downloads.

Slovenian

« Reply #2 on: May 19, 2011, 17:48 »
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It looks almost like my Dls for the photos I opted in picked up. I'm just mad at myself for not opting in an image with the best sales/month ratio (20+), which mostly sells as XS, since I'd almost double my earnings with that image. I wanted to get the flame first before opting in. First thing I'll do when I get another free slot is opt that file in, but that won't happen soon, since I just uploaded a batch of files and it usually takes 10+ days for the inspectors to review them.

Photos that got accepted a couple of weeks ago are already selling. Slow but steady, after all we're not talking about SS, where my best seller from the last batch already sold dozens of times.
« Last Edit: May 19, 2011, 17:51 by Slovenian »

lisafx

« Reply #3 on: May 19, 2011, 17:50 »
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I would think just a little short-term bad luck on your part Lisa. My sales are if anything marginally better since P+ was introduced and May should certainly be better than April in downloads.

Thanks for responding.  I hope you are right.  It's bizarre - they have completely fallen off a cliff.  Last two days look like a Sunday  :(

« Reply #4 on: May 19, 2011, 17:52 »
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It's terrible for me... It's too depressing to look at the stat and I don't have the motivation to upload to them anymore.

« Reply #5 on: May 19, 2011, 18:09 »
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Ummmm.... What is a P+ ::)
Sorry for a dumb question. I tried to find it, but I'm too tired.

« Reply #6 on: May 19, 2011, 18:13 »
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Ummmm.... What is a P+ ::)
Sorry for a dumb question. I tried to find it, but I'm too tired.


http://www.istockphoto.com/forum_messages.php?threadid=328522&page=1

so far so good I am enjoying p+ a lot but I am a very small fish but it does look good
« Last Edit: May 19, 2011, 18:15 by luissantos84 »

lisafx

« Reply #7 on: May 19, 2011, 18:15 »
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Ummmm.... What is a P+ ::)
Sorry for a dumb question. I tried to find it, but I'm too tired.

Luis was faster than me.  Basically it's a new Istock collection where Non-exclusives can put up the prices of about 10% of their portfolio to what the normal exclusive prices are (so roughly doubling the price).

« Reply #8 on: May 19, 2011, 18:24 »
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Thanks!
And? Do buyers still buy those images with the same frequency as before?

lisafx

« Reply #9 on: May 19, 2011, 18:41 »
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Thanks!
And? Do buyers still buy those images with the same frequency as before?

That's what I am trying to find out.  Until the last couple of days I would have said yes, but sales tanked so bad recently that I am not sure.

From what others are posting and sitemailing me, it looks like they ARE selling as well :)

« Reply #10 on: May 19, 2011, 18:43 »
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Well, I was quick to jump in the train. I already added my photos, lol. I don't know about the sales, but at least the company on the train is nice :D

« Reply #11 on: May 19, 2011, 19:24 »
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mid march best match shift took me from slow month to BME. The next shift a week or two later has seen my sales being less than half of average months. My redeemed credits for 2010 was 41572, my 'trending' for this year is now 17926. Throw in a rate cut at Fotolia, super cheap prices at alamy and the $US and I am now earning less than half of what I was last year :(

I put in about a third of my port into P+ in the hope that it would come with best match perks (it hasn't). It's still early to tell and hard to say with best match shift as well, but my gut feeling so far is that my sales have gone down a bit further but income is very slightly up.
« Last Edit: May 19, 2011, 20:47 by Phil »

« Reply #12 on: May 19, 2011, 19:27 »
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So far, P+ works seems to work well for me. I opted in about half of my allotted spaces, using them for most of my best sellers, and the dl/day for those images have increased. On the grand total, this week has been roughly 20% better than the first two weeks of May, but iStock's stats are lagging again. Initial signs are positive, but it's too early to tell, I guess.

« Reply #13 on: May 19, 2011, 20:34 »
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Sales have been pretty bad for me lately too.  P+ has not made a bit of difference.

« Reply #14 on: May 19, 2011, 21:34 »
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Me and a couple of other exclusives I know pulled all of our files from E+.  Unless they're REALLY REALLY unique images, they won't sell at the higher price point. May be different for P+ since the price is a little lower.  

« Reply #15 on: May 19, 2011, 22:56 »
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Me and a couple of other exclusives I know pulled all of our files from E+.  Unless they're REALLY REALLY unique images, they won't sell at the higher price point. May be different for P+ since the price is a little lower.  

P+ pricing is the same as the regular exclusive collection, so it's not that different, but still, price-conscious buyers may shy away - or just get fed up trying to find the cheaper images at istock and go somewhere else. 

lagereek

« Reply #16 on: May 19, 2011, 23:49 »
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Hi Lisa!

First week with P+, was OK,  but now its back to square one and it will remain that way, the P+ was probably only introduced for a quick boost and nothing else and when the novelty is over, well, thats it.
As I said in another thread, without a best match tweak, it means nothing. Exept that we have signed away our shots in Gettys favour for 6 months.

I can tell you this much. We are six, Diamond-level contributors, here in Sweden and England, the six of us have been chatting, comparing, etc, for many years now and all of us are way, way down in dls and revenues, so?  we cant all be wrong, can we.

Now, why would a buyer tap into IS and buy an independant image for three times the price?  when he can find the same image three times cheaper on another site?  beats me.

I can see no other way then possibly abandon this sinking ship before we somehow and in a strange way lose our nominated files to shall we say, higher forces.
« Last Edit: May 19, 2011, 23:53 by lagereek »

« Reply #17 on: May 19, 2011, 23:50 »
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Lisa, I don't think P+ is the problem.  My downloads for May are down 50% too compared to May'10, but P+ is well represented in the downloads.

lagereek

« Reply #18 on: May 19, 2011, 23:55 »
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Lisa, I don't think P+ is the problem.  My downloads for May are down 50% too compared to May'10, but P+ is well represented in the downloads.

The bottom line is:   IS, simply dont have the amount of traffic anymore, with or without its collections.

« Reply #19 on: May 20, 2011, 01:10 »
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Downloads are decreasing, but income is slightly up from last month through P+. For a while now I am looking at my files in best match placement.
What I am seeing is that slowely these files are moving further back in best match placement. Since Vetta and agency and exclusive files are have increased exposure my files are doing less and less well.
Because they are doing less well, they cannot hold their positions - and move further back ... doing less well.

Circle of a slow death.
I guess the fact that they are in their category the most downloaded files helps to keep them a bit going, because hopefully more and more buyers will search files based on downloads.
« Last Edit: May 20, 2011, 01:17 by Freezingpictures »

« Reply #20 on: May 20, 2011, 02:02 »
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I monitored several of my best sellers for their position in the best match and all of them are doing slightly better in their positioning since they were made P+. However sales for them are down which leads me to various possible conclusions
1. They have been given a best match boost but sales are generally are bad so they have sold less
2. They have been given a best match boost but customers don't want them at that price (which I doubt is the case from my experience with DT).
3. Sales are so bad at IS at the moment that even the sales I'm getting is still good in comparison with other images sales therefore pushing them up in the search.
I suspect that 3 is the correct answer.

XPTO

« Reply #21 on: May 20, 2011, 02:56 »
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I don't know if P+ has anything to do with the sale free-fall.

I've only joined P+ recently to see how things were going from others experience, but mostly to see if my catastrophic month would take a turn. It's not...

Basically in April I had the worst month in about two years, and this months is planing out even worse. In fact IS has fallen from the first place, to third, behind FL!!!!!!!

Since I live from stock, this is getting very, very worrying to me.

SS is not much better either. And Alamy has seen a drop of 60% in my average commission since 2008.

Hooray!  Not...

 :'(

« Reply #22 on: May 20, 2011, 06:12 »
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This week will be very good, considering Vetta and Agency royalties from Getty, but general sales have decreased a little bit, and the photos I'm selling are quite old and inusual. I suspect a best match change.

« Reply #23 on: May 20, 2011, 08:17 »
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i dont know what the P+ thing going on till i find this discuss... no wonder my dls going down down down>"< :(

Microbius

« Reply #24 on: May 20, 2011, 08:25 »
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The bottom line is:   IS, simply dont have the amount of traffic anymore, with or without its collections.

Agreed, I think they underestimated how big a role the good will of contributors had in their brand image.

Getty's used to the customer and contributor base being clearly delineated.

On Istock a lot of the contributor's are also in the design community, and a lot more of the customers are lower down the design foodchain then traditional RM buyers. Once word got out that IStock isn't "one of us" anymore it's bye bye sales, even if we can't afford to pull our portfolios or stop contributing.

lagereek

« Reply #25 on: May 20, 2011, 09:43 »
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Yes!!  here we are wrecking our brains out trying to find out why its so bad and the simple answer is:  lack of traffic, thats it, never mind Vettas or collections,  the traffic simply isnt there anymore,  and thats ofcourse the WORST, news of it all.

Bashing your head against a brick wall.

« Reply #26 on: May 20, 2011, 09:59 »
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Yes!!  here we are wrecking our brains out trying to find out why its so bad and the simple answer is:  lack of traffic, thats it, never mind Vettas or collections,  the traffic simply isnt there anymore,  and thats ofcourse the WORST, news of it all.

Bashing your head against a brick wall.

The lack of traffic is *because* of the Vettas and collections. By deliberately stacking the search with high priced content iStock alienated its customer base. I guess they underestimated how important the small designers, churches, non-profits, and other small businesses were to their business.

lagereek

« Reply #27 on: May 20, 2011, 11:18 »
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Yes!!  here we are wrecking our brains out trying to find out why its so bad and the simple answer is:  lack of traffic, thats it, never mind Vettas or collections,  the traffic simply isnt there anymore,  and thats ofcourse the WORST, news of it all.

Bashing your head against a brick wall.

The lack of traffic is *because* of the Vettas and collections. By deliberately stacking the search with high priced content iStock alienated its customer base. I guess they underestimated how important the small designers, churches, non-profits, and other small businesses were to their business.

Ofcourse!  because of the Vettas/agency, etc,  but it hardly alters our situation, does it. 

Thanks for the coffee guys, see you all in next life,  so long fellas.

« Reply #28 on: May 20, 2011, 11:26 »
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I just discover the P+ collection today here!
Let's try for my 60 more downloaded pictures!
Sells are falling deeply for me too, maybe 40% less than last year.
Let's see the effect of P+, i will inform you as soon as can see some results!

lisafx

« Reply #29 on: May 20, 2011, 11:33 »
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Really great insights so far in this thread.  Thanks so much for all the thoughtful participation! 

Downloads are decreasing, but income is slightly up from last month through P+. For a while now I am looking at my files in best match placement.
What I am seeing is that slowely these files are moving further back in best match placement. Since Vetta and agency and exclusive files are have increased exposure my files are doing less and less well.
Because they are doing less well, they cannot hold their positions - and move further back ... doing less well.

Circle of a slow death.


Freezingpictures, I think you have really hit on a problem here.  I suspect this is exactly what I am seeing too.  Good for you for monitoring your best match placement as you are.  I stopped that a long time ago when the copying got to be too much for me. 


3. Sales are so bad at IS at the moment that even the sales I'm getting is still good in comparison with other images sales therefore pushing them up in the search.
I suspect that 3 is the correct answer.

This makes a lot of sense too.  With sales traffic falling at IS across the board, the best match is just redistributing an ever decreasing pie. 

The bottom line is:   IS, simply dont have the amount of traffic anymore, with or without its collections.

Agreed, I think they underestimated how big a role the good will of contributors had in their brand image.

SNIP

On Istock a lot of the contributor's are also in the design community, and a lot more of the customers are lower down the design foodchain then traditional RM buyers. Once word got out that IStock isn't "one of us" anymore it's bye bye sales, even if we can't afford to pull our portfolios or stop contributing.

So true!  Getty never understood the crowdsourced, community aspect of Istock.  They are failing for exactly the reason you outline above. 

« Reply #30 on: May 20, 2011, 11:53 »
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My downloads were consistent for January, February and March but dropped 40% in April.  This month they're on track for 80% of Jan - March, or 33% up from April.

That's downloads.  Actual revenue is up 50% from April.  The difference between 33% more downloads and 50% more revenue is mostly or maybe entirely due to P+.  So my sales are still down since Best Match pushed my stuff to the back of the queue, but at least not as bad as April.

lisafx

« Reply #31 on: May 20, 2011, 16:18 »
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My downloads were consistent for January, February and March but dropped 40% in April.  This month they're on track for 80% of Jan - March, or 33% up from April.

That's downloads.  Actual revenue is up 50% from April.  The difference between 33% more downloads and 50% more revenue is mostly or maybe entirely due to P+.  So my sales are still down since Best Match pushed my stuff to the back of the queue, but at least not as bad as April.

Good info.  Thanks!  Looks like we are in a similar boat :)

« Reply #32 on: May 21, 2011, 03:25 »
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I just had my first P+ sale! Wooohoooo! 18 cents!!! LOL

« Reply #33 on: May 21, 2011, 08:47 »
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None of my P+ files has even a single download the last 10 days.......................!  >:(

« Reply #34 on: May 23, 2011, 03:38 »
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I have earned more sofar at DT or FT than Istock this month. Dramatic fall compared to last year and may turns out to be worse tha april. I didn't know about P (I hardly look at Istock anymore) but I'll give it a try

XPTO

« Reply #35 on: May 23, 2011, 10:08 »
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At this moment the Photo+ is being a huge disappointment. Even if I've only used less than half the possible slots for my portfolio, the fact is that my Average Return per Download is seriously dropping despite i'm having several P+ sales. Let's see:

ARPD:
Jan: 1.30
Feb: 1.38
Mar: 1.30
Apr: 1.30
May: 1.20 (with P+ downloads)

Is this happening to you too?

BTW, my estimate for May is another huge drop in income in IS.
« Last Edit: May 23, 2011, 10:11 by XPTO »

« Reply #36 on: May 23, 2011, 10:53 »
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The P+ is still working well for me. My average sale is now about 30% higher than it was before P+. I'm projected to earn about the same on Istock this month as I did in May 2010 although downloads are likely to be down over 30%.

lagereek

« Reply #37 on: May 23, 2011, 11:39 »
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The P+ is still working well for me. My average sale is now about 30% higher than it was before P+. I'm projected to earn about the same on Istock this month as I did in May 2010 although downloads are likely to be down over 30%.

Well thats just it!  a few more quid here and there?  the amount of dls, are no better off. So, over a period of time the P+, will stagnate but where are the dls? just to add.

Fair enough for somebody with a reasonable small Port, etc,  this could be a good move because you dont expect much anyway but for long-term contributors with a couple of thousand+ images and comparing with shall we say before the latest best match change, this P+  is really a drop in the ocean and had I known they were not in any way going to support it?  I would never had nominated any,  for what? couple of bucks? 
« Last Edit: May 23, 2011, 12:17 by lagereek »

lisafx

« Reply #38 on: May 23, 2011, 13:11 »
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The P+ is still working well for me. My average sale is now about 30% higher than it was before P+. I'm projected to earn about the same on Istock this month as I did in May 2010 although downloads are likely to be down over 30%.

Well thats just it!  a few more quid here and there?  the amount of dls, are no better off. So, over a period of time the P+, will stagnate but where are the dls? just to add.

Fair enough for somebody with a reasonable small Port, etc,  this could be a good move because you dont expect much anyway but for long-term contributors with a couple of thousand+ images and comparing with shall we say before the latest best match change, this P+  is really a drop in the ocean and had I known they were not in any way going to support it?  I would never had nominated any,  for what? couple of bucks? 

Yes, I am willing to have images in P+ for a couple of extra bucks.  By that I mean that sales are dropping like a rock at Istock and have been for some time.   It is unlikely I can do anything to increase my number of downloads.  Certainly uploading more material seems to have no affect.  If the only thing I can do to increase my income there is to add images to P+, then that will have to do. 

I don't think any of us is naive enough, at this point, to imagine that P+ is going to turn things around at Istock.  I was just wondering if it would cause further decline in sales.  Looks like the majority of reports are that it doesn't. 

So if all I can get is a little bit more money per sale, then why not?

« Reply #39 on: May 23, 2011, 13:35 »
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I dont understand really.. I understand when contributors say "downloads are going down" but when they "complain" about making a few more bucks thats not understandable.. better to be without a few more bucks??

when we have "less" money or money, we dont want more???

I dont see a downside on this photo+ actually.. unless IS was crazy giving you a lot of sales and you are taking a bigger risk joining p+

microstockphoto.co.uk

« Reply #40 on: May 23, 2011, 13:51 »
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when they "complain" about making a few more bucks thats not understandable..

It's because money doesn't make you happy of course.

However - after a few weeks in the program - I agree it seems there are no downsides to P+, a (little) more money is always welcome. Sales are steadily declining - with or without P+.
« Last Edit: May 23, 2011, 13:55 by microstockphoto.co.uk »

lagereek

« Reply #41 on: May 23, 2011, 14:26 »
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No!  didnt mean it like that! ofcourse nobody complains over a few bucks extra, not as such. Only for how long will it last, I mean the novelty of this P+, it could be just a flash in the pan and for how long can P+, carry the sinking amounts of dls, thats what I mean.
As Lisa says,  the forever sinking dls!  thats true and its worrying.

I still stick to my theory,  they simply havent got the amount of traffic anymore, which is even more worrying. Yet, Ive got a Swedish competitor here, Gold status and with plenty of Vettas and he is earning a packet and a half.

Slovenian

« Reply #42 on: May 23, 2011, 15:32 »
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Looks like the DLs are really being transferred from gold+, to silver- exclusives (especially bronzes). Of course I'm not saying overall sales aren't sinking, according to the number of ppl complaining and various site rankings (Alexa and such). If us silver- non-exclusives would be included as well, I wouldn't mind. Diamonds have earned more than enough, time for you to take the path of dinosaurs and let us have so much fun you had from 03 up until 2011 :P.

« Reply #43 on: May 23, 2011, 18:22 »
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I added my most popular images in P+ and they seem to sell at similar frequency as before... Will see after few more days. I just joined P+.
Regarding sales at IS in general, there is an evident decline from month to month. I don't think it's related only to images added to P+.

lagereek

« Reply #44 on: May 23, 2011, 23:48 »
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Sloivenian is correct here actually. Ive also noticed that most sales are going to the lower rankings and if you look at the IS forum, most complainers are in fact the higher cannisters.

« Reply #45 on: May 23, 2011, 23:55 »
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Looks like the DLs are really being transferred from gold+, to silver- exclusives (especially bronzes). Of course I'm not saying overall sales aren't sinking, according to the number of ppl complaining and various site rankings (Alexa and such). If us silver- non-exclusives would be included as well, I wouldn't mind. Diamonds have earned more than enough, time for you to take the path of dinosaurs and let us have so much fun you had from 03 up until 2011 :P.

It's all about the appeal and usefulness to buyers of images - not some social engineering notions of who is owed some time selling their images. Clearly search position matters, but there is a relationship between image quality/usefulness and sales. The reason most of the golds/diamonds are that is because they've sold a lot of useful images, not just hung around since 2003 eating bon bons. And if you look at some of the complaining diamonds, among them are some of the superstars who've reached that rank in just the last 2-3 years.

You're really barking up the wrong tree.

Slovenian

« Reply #46 on: May 24, 2011, 03:04 »
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And if you look at some of the complaining diamonds, among them are some of the superstars who've reached that rank in just the last 2-3 years.

I'm not sure I follow your logic...

Maybe IS took the Robin Hood approach. When it comes to contributors of course, they're excluding themselves. They're bringing even more to themselves as they take a bigger cut. At the same time they are demotivating high canister members and motivating the low, that won't become high for some time, no matter how hard they try. And then they'll do it all over again, the flow of new contributors is more than large enough (depends on IS again on how strict they're when it comes to "entry exams").

ayzek

« Reply #47 on: May 24, 2011, 04:48 »
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Sales similar to April.

« Reply #48 on: May 24, 2011, 06:08 »
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My May earnings are now equal with my April ones, with a week still to go in May. My downloads are on course to equal my April ones by the end of the month. Earnings should be 10% up on May last year, but downloads will be 20% down.

« Reply #49 on: May 24, 2011, 06:14 »
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My May earnings so far with still a week to go are 40% of my april ones, and my april '11 royalties were barely 50% of what they were in april '10... *weeping song*
I didnt add my full quota to P+ yet, the ones i added sell just as bad as the rest of my portfolio.
« Last Edit: May 24, 2011, 06:15 by Artemis »

« Reply #50 on: May 24, 2011, 07:09 »
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I just added a handful of high-earning specialty images to P+, so I can't tell you how it's affecting anything yet.  But, oh my...overall my sales and earnings are way way down.  April was down by 1/3 from last April, May is looking to be even worse.  I'm trending to sell 1/3 of the credits I did last year!   :o  Add to that the drop in commission from 20% to 16%, and I honestly don't see how P+ is even going to help me.

I'm reluctant to add very many images, because I'm on my way out...been slowly removing my portfolio over the past few months from both IS and TS/StockXpert.  I'd love to add the full quota to P+, but I'm concerned that it might inadvertently tie up the rest of my portfolio for six months by not allowing me to have less than a certain number of non-P+ images.  Does anyone know if this is a problem?       

« Reply #51 on: May 24, 2011, 08:09 »
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Looks like the DLs are really being transferred from gold+, to silver- exclusives (especially bronzes). Of course I'm not saying overall sales aren't sinking, according to the number of ppl complaining and various site rankings (Alexa and such). If us silver- non-exclusives would be included as well, I wouldn't mind. Diamonds have earned more than enough, time for you to take the path of dinosaurs and let us have so much fun you had from 03 up until 2011 :P.

I'd say this was socialist Berc from the forums, but he's a bronze.

« Reply #52 on: May 24, 2011, 09:11 »
0
Jan 44, Feb 26, Mar 60, Apr 47, May 61 (20 from P+)

Slovenian

« Reply #53 on: May 24, 2011, 10:03 »
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Looks like the DLs are really being transferred from gold+, to silver- exclusives (especially bronzes). Of course I'm not saying overall sales aren't sinking, according to the number of ppl complaining and various site rankings (Alexa and such). If us silver- non-exclusives would be included as well, I wouldn't mind. Diamonds have earned more than enough, time for you to take the path of dinosaurs and let us have so much fun you had from 03 up until 2011 :P.

I'd say this was socialist Berc from the forums, but he's a bronze.

Another comrade thinking like me? So there's some hope yet ;) . You seem to be a smart guy, but I have to mention that silver- equals bronze&silver(&beginners), gold+ equals gold and above;)

jbarber873

« Reply #54 on: May 24, 2011, 11:06 »
0
Looks like the DLs are really being transferred from gold+, to silver- exclusives (especially bronzes). Of course I'm not saying overall sales aren't sinking, according to the number of ppl complaining and various site rankings (Alexa and such). If us silver- non-exclusives would be included as well, I wouldn't mind. Diamonds have earned more than enough, time for you to take the path of dinosaurs and let us have so much fun you had from 03 up until 2011 :P.

I'd say this was socialist Berc from the forums, but he's a bronze.

Another comrade thinking like me? So there's some hope yet ;) . You seem to be a smart guy, but I have to mention that silver- equals bronze&silver(&beginners), gold+ equals gold and above;)

   Some are more equal than others. ;D

Phadrea

    This user is banned.
« Reply #55 on: May 24, 2011, 17:40 »
0
 ???

fritz

  • I love Tom and Jerry music

« Reply #56 on: May 24, 2011, 18:02 »
0
Today I have 9 Photo+ sales. One for 3.5$. Not exclusive.
Think it's good start. Will see.

Slovenian

« Reply #57 on: May 26, 2011, 08:22 »
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I nominated the photo with the best DLs/mo yestarday and got 3 DLs str8 away after a few days with no DLs. It works great with files that were selling good (before the nomination for P+ that is) for some time


 

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