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Author Topic: Philosophy behind the P+  (Read 8344 times)

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lagereek

« on: May 15, 2011, 01:11 »
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Is very good ofcourse and same as the E+, is supposed to generate more revenue for agency/contributor. We had some good days here, buyers were curious as to what P+, was, added a few bucks and bought.
However, the novelty will as always deflate and then we are left with what?  

At this moment, no best match change, not even a tweak has been done in favour of boosting P+.  In many big searches we still see useless Vetta/agency files, non-commercial and with zero dls, just "hanging-in" there, taking up valuable slots simply because some contributor has nominated something that doesnt sell???
Well,  charity, is something we cant afford not even to exclusives.

So, all in all, what was in fact the philosophy behind this P+  ?  when you build something, you also have to support it, it will stand for a while and then suddenly come crashing down. Building P+, was great but where is the support?  Im earning slightly more,  so what? not important since the amount of DLs are pretty much the same.
If the philosopy was just a flash in the pan, just a quick boost of cash?  its worthless! both for agency as for contributor,  or can we assume that buyers are so incredibly stupid and naive that they will still wade through all the rubbish, for hours on end, until they come to a file with a P+  and then BINGO!  they will buy!.

I think not. I give the P+,  another week,  if no support of a best match change has been done in its favour,  we are back to square one. Nothing.
« Last Edit: May 15, 2011, 01:14 by lagereek »


microstockphoto.co.uk

« Reply #1 on: May 15, 2011, 03:30 »
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the good part is that buyers - after meandering through heaps of vetta/agency files - won't probably care too much about P+ (compared to regularly priced files) and buy it without serching further

provide they don't give up before reaching one

question: isn't price itself part of the equation for best match? if it is, then P+ should automatically have a slight advantage - just guessing
« Last Edit: May 15, 2011, 03:36 by microstockphoto.co.uk »

« Reply #2 on: May 15, 2011, 05:15 »
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Im earning slightly more,  so what? not important

So it isn't the money that's going to make you happy?
« Last Edit: May 15, 2011, 05:17 by BaldricksTrousers »

« Reply #3 on: May 15, 2011, 07:00 »
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Photos+ mean  little satisfaction for contributors but much bigger for IS...

ShadySue

  • There is a crack in everything
« Reply #4 on: May 15, 2011, 07:14 »
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[double post. Sorry]
« Last Edit: May 15, 2011, 12:45 by ShadySue »

ShadySue

  • There is a crack in everything
« Reply #5 on: May 15, 2011, 07:15 »
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question: isn't price itself part of the equation for best match? if it is, then P+ should automatically have a slight advantage - just guessing
E+ was promised a slight bump in best match and it hasn't happened. A 313-post thread about it was locked by one of JJRD's obfuscating posts saying it might happen 'sometime' when they judge the time is right, waffle waffle waffle.
"realize that we are releasing changes as we see fit"
Funnily, he wasn't so fudgy when he launched the program and promised the boost.

lagereek

« Reply #6 on: May 15, 2011, 08:44 »
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The P+,  novelty will last for a couple of weeks. Buyers probably dont even know what . it is?  with so many collections going. Dont matter, without a best match tweak,  it means nothing,  exept that our files are locked for six months ofcourse. Smart move.
« Last Edit: May 15, 2011, 08:48 by lagereek »

lisafx

« Reply #7 on: May 15, 2011, 09:16 »
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If P+ doesn't meet with price resistance from buyers, at least it means we get more money for the same # of sales. 

I didn't go into it expecting a best match boost because I had read about the failure to give E+ the promised boost.   Although a boost would be nice to have :)

« Reply #8 on: May 15, 2011, 09:43 »
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Im earning slightly more,  so what? not important

So it isn't the money that's going to make you happy?

Why should it? All he wants is enough to buy a new lens cap anyway. ;)

« Reply #9 on: May 15, 2011, 10:13 »
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hard to deal with contributors :P

some think that p+ is going to be good.. other think that even with a little more money that isnt enough (and before p+ it was?)

if we had a best match boost I cannot even imagine what exclusives would have to say! (and werent they right?)

jeez lets all earn a few more bucks :)

« Reply #10 on: May 15, 2011, 10:20 »
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Anything that pushes stock prices upwards is a good thing. Buyers get images far too cheaply.

« Reply #11 on: May 15, 2011, 10:29 »
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It's naive to think we would notice a best match boost, anyway. Suppose average cash value per sale is plugged into the search? Or average sale value over a certain period. Or value of sales in the last 12 months vs the value of sales in the previous 12 months, or artist's overall earnings in a given period.... all of these would lead to the sort of gradual, progressive shifting of file rank over time that wouldn't be obvious and might also be countered by other factors - age, dl/month etc.

microstockphoto.co.uk

« Reply #12 on: May 15, 2011, 10:33 »
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With or without search boost, I'm not too pessimistic this time: P+ may be the first good thing IS did in months... time will tell

lagereek

« Reply #13 on: May 15, 2011, 11:06 »
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It's naive to think we would notice a best match boost, anyway. Suppose average cash value per sale is plugged into the search? Or average sale value over a certain period. Or value of sales in the last 12 months vs the value of sales in the previous 12 months, or artist's overall earnings in a given period.... all of these would lead to the sort of gradual, progressive shifting of file rank over time that wouldn't be obvious and might also be countered by other factors - age, dl/month etc.

Thanks but you dont need to be a stock-market analyst for this. My wife is one, thats enough. Obviously I meant a boost for both E+ and P+. Both ofcourse.  also Im happy to dissapoint you but no, money is not everything to me,  far from it.

lagereek

« Reply #14 on: May 15, 2011, 11:14 »
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If P+ doesn't meet with price resistance from buyers, at least it means we get more money for the same # of sales. 

I didn't go into it expecting a best match boost because I had read about the failure to give E+ the promised boost.   Although a boost would be nice to have :)


Hi!

No neither did I,  but I must admit I thought they were going to take the opportunity to boost both E+ and P+,  seamed logic.

« Reply #15 on: May 15, 2011, 12:15 »
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I still think Photo+ is a good idea.

It makes perfect sense for an agency to raise prices on popular images - however they decide to go about doing so.  Dreamstime has their image levels which is basically the same thing as Photo+, except with more levels. 

As most people get 90% of income from 10% of their port, we should be able to get higher prices on most of our sales.  I'm not going to complain about that, best match boost or not.

« Reply #16 on: May 15, 2011, 14:03 »
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I still think Photo+ is a good idea.

It makes perfect sense for an agency to raise prices on popular images - however they decide to go about doing so.  Dreamstime has their image levels which is basically the same thing as Photo+, except with more levels. 

As most people get 90% of income from 10% of their port, we should be able to get higher prices on most of our sales.  I'm not going to complain about that, best match boost or not.

That makes sense to me, too, but I thought a contributor could opt in ANY 10% of their port that they like. I would have a tough time deciding which images to opt in...if you put the top 10% of your port in, the price hike might stop sales cold. Glad I don't have to make the decision!  :)

« Reply #17 on: May 15, 2011, 15:15 »
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..if you put the top 10% of your port in, the price hike might stop sales cold. Glad I don't have to make the decision!  :)

But then they have announced that entering files into the extended license scheme improves their ranking, what if they lower the ranking of people who don't use the P+ facility? That would hit your sales, too.

In the final analysis, we simply don't know how any decision or lack of decision will pan out. I'm willing to gamble that P+ will benefit iS and therefore will benefit those who commit solidly to it. So my top 10% are already in.

grp_photo

« Reply #18 on: May 15, 2011, 15:17 »
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Anything that pushes stock prices upwards is a good thing. Buyers get images far too cheaply.
+1

« Reply #19 on: May 15, 2011, 15:57 »
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It makes perfect sense for an agency to raise prices on popular images

I don't quite understand the logic of that. Why would a buyer want to pay more for an image that so many others are using?

grp_photo

« Reply #20 on: May 15, 2011, 16:19 »
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It makes perfect sense for an agency to raise prices on popular images

I don't quite understand the logic of that. Why would a buyer want to pay more for an image that so many others are using?
Buyers (like most people) are like Lemmings.

« Reply #21 on: May 15, 2011, 18:16 »
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It makes perfect sense for an agency to raise prices on popular images

I don't quite understand the logic of that. Why would a buyer want to pay more for an image that so many others are using?

I agree.  and isn't that one of the key things at Dreamstime with the image levels?  price goes up the more downloads it gets.  fine by me as long as it keeps selling!

« Reply #22 on: May 15, 2011, 23:27 »
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It makes perfect sense for an agency to raise prices on popular images

I don't quite understand the logic of that. Why would a buyer want to pay more for an image that so many others are using?

I agree.  and isn't that one of the key things at Dreamstime with the image levels?  price goes up the more downloads it gets.  fine by me as long as it keeps selling!

Don't get me wrong, I don't begrudge you the chance to make more money on those images if they continue to sell at the higher price point. I just don't understand the logic. I usually try to buy images that don't have a lot of downloads and even then there are no guarantees. In fact, a client of mine was threatened with legal action by a competitor because I inadvertently downloaded an image that they were also using. And that image actually didn't even have that many downloads on Dreamstime - though it was also available at other sites. It was quite embarrassing. Of course, there was no legal action, because that person didn't have a leg to stand on, but I did feel bad that my client had to be put through the stress of receiving a nasty-gram.

lagereek

« Reply #23 on: May 16, 2011, 00:34 »
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It makes perfect sense for an agency to raise prices on popular images

I don't quite understand the logic of that. Why would a buyer want to pay more for an image that so many others are using?

So that we can buy two lens caps! ;)

« Reply #24 on: May 16, 2011, 00:35 »
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It makes perfect sense for an agency to raise prices on popular images

I don't quite understand the logic of that. Why would a buyer want to pay more for an image that so many others are using?

Weird huh? I always search under 'newest'. I know that eventually the images I buy will oneday be bought many times, but at least I can be fresh for a while and when it most counts.


 

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