MicrostockGroup Sponsors


Author Topic: Photo+ - new iStockphoto collection for non exclusives  (Read 56392 times)

0 Members and 1 Guest are viewing this topic.

« Reply #100 on: May 07, 2011, 02:36 »
0
I just made the decision to opt in about 500 files to photos+, out of a possible 800.  These are a lot of my best sellers.  Given that sales on IS seem to be in freefall, I figure this surely can't do any more harm..  ???  I guess it all depends on the best match placement.


   


« Reply #101 on: May 07, 2011, 02:39 »
0
I wonder if the reason this rollout is so scattered is that after KK said that only .1% were seriously affected and that people had calmed down they quick needed a diversion so they brought this up early...

Although looking at all their other problems lately I suppose this is nothing special.

I'd wondered that, too. In a way that would be the most benign explanation. It is transparently obvious that this was rushed out with scarcely any preparation at all. Bits of "Exclusive +" wording have just been cut and pasted so hurriedly that they didn't think to replace the word "exclusive collection" with "main collection", the sidebar now lists GI sales and the link to photos+ says "exclusive+", so that must have been pasted from the exclusives' code.

It was announced by somebody who never makes announcements - presumably because of the London jolly - without going through the normal process of putting it in the announcements section and I've not been notified in any other way, so presumably 95% of submitters have no idea that anything happened.

All this suggests a panicked knee-jerk reaction to something, so if it wasn't the C-net public relations blunder, what was it? The April sales thread? Pressure from the top to "for God's sake, do something to get the profits back on track and do it NOW"? Something else?

microstockphoto.co.uk

« Reply #102 on: May 07, 2011, 02:41 »
0
I would like to think that IS was listening to the complaints of both contribs and buyers. Any other theories? Or am I just deluded?

I am less optimistic, and think they are just realising they are losing money - anyway if result is the same... it's fine

lagereek

« Reply #103 on: May 07, 2011, 03:14 »
0
I have just opted-in, 100 files, good sellers and all. I mean seriously, Im against it but what the heck, it cant get any worse? or at least thats what I keep telling myself.

Funny going through ones own shots really, I am actually a great photographer!!  possibly the best!  well at least among the 3 best, globally I mean.

« Reply #104 on: May 07, 2011, 03:40 »
0
I have just opted-in, 100 files, good sellers and all. I mean seriously, Im against it but what the heck, it cant get any worse? or at least thats what I keep telling myself.

Funny going through ones own shots really, I am actually a great photographer!!  possibly the best!  well at least among the 3 best, globally I mean.

You too?  Welcome to the club!  :D

« Reply #105 on: May 07, 2011, 04:35 »
0
I have just opted-in, 100 files, good sellers and all. I mean seriously, Im against it but what the heck, it cant get any worse? or at least thats what I keep telling myself.

Funny going through ones own shots really, I am actually a great photographer!!  possibly the best!  well at least among the 3 best, globally I mean.

You too?  Welcome to the club!  :D

I'm the third one!

rubyroo

« Reply #106 on: May 07, 2011, 04:55 »
0
 :D

Dang!  All three slots were already taken when I got here...  :D

lagereek

« Reply #107 on: May 07, 2011, 05:09 »
0
:D

Dang!  All three slots were already taken when I got here...  :D


nah,  you are welcome to creep in between me and the others,  I am reserving the 1.5,  slot for Lisa! :D

rubyroo

« Reply #108 on: May 07, 2011, 05:10 »
0
OK, thanks.  I'll take 2.75  ;) :D

« Reply #109 on: May 07, 2011, 05:11 »
0
:D

Dang!  All three slots were already taken when I got here...  :D

Hey, you can have my slot.  In fact I am really a painter masquerading as a good photographer.

RT


« Reply #110 on: May 07, 2011, 05:11 »
0
Funny going through ones own shots really, I am actually a great photographer!!  possibly the best!  well at least among the 3 best, globally I mean.

Camera equipment companies must be falling over themselves just to get you to sign with them  :o

« Reply #111 on: May 07, 2011, 05:18 »
0
Funny going through ones own shots really, I am actually a great photographer!!  possibly the best!  

Yeah, I know, I think you've been telling us that all along.

lagereek

« Reply #112 on: May 07, 2011, 05:29 »
0
Yep!  I got Haselblad, Nikon, Canon, Mamiya, Sinar, Linhoff, *, the list is endless,  wanting to sponsor my ventures , bit I turned them all down in favor of jumping on Commercial Directing insted, turns out they want to hire me for Gladiator-2.
Now I cant turn that down, can I ?

PS/
I am actually joiking around, in case anybody should take all this mumbo-jumbo seriously. :P

« Reply #113 on: May 07, 2011, 05:36 »
0
A lot of push back here.

PS  Of course we know you were kidding . . . . . . . .  right?

« Reply #114 on: May 07, 2011, 09:04 »
0
If I was a interested buyer, I would surely verify on Shutterstock if I can find the same file for cheaper.

« Reply #115 on: May 07, 2011, 09:23 »
0
I think this sounds like higher RC targets in the make ("all is going so well and we keep growing, whooyay, therefore we must..yadayada").
Opted a couple in nevertheless; like many here i dont have to lose much anymore either since sales dried up mostly anyways.
If this turns out to be a nasty PP - TS trick my portfolio will be gone lightning fast.

I agree. It is possible that they are paving the way for higher RC targets and soften the blow. Perhaps that's why they have not announced the new RC numbers.

« Reply #116 on: May 07, 2011, 10:44 »
0
All this suggests a panicked knee-jerk reaction to something, so if it wasn't the C-net public relations blunder, what was it? The April sales thread? Pressure from the top to "for God's sake, do something to get the profits back on track and do it NOW"? Something else?

I suspect it must be the latter. I don't think they care about grumbling contributors but they do care about the bottom line __ big time. Basically it is a back-door way of imposing yet another price increase on customers, probably hoping that most of them won't notice.

If overall sales are falling, as most of us suspect, then it has very serious implications for any upcoming sale of the business. The P+ change goes entirely against previous policy and the justification for charging more for exclusive images. Totally. It also makes it less attractive to remain/become exclusive and more attractive to be independent.  If enough customers do notice then the plan could really backfire. Sales then falling further would result in more crowns being abandoned ... and the downwards spiral ever accelerating.

On the positive side I've P+'d the top selling 10% of my portfolio and have been got plenty of immediate sales at the new higher prices. I think this could easily add 20% or more to monthly earnings if sales remain stable.

« Reply #117 on: May 07, 2011, 11:18 »
0
If I was a interested buyer, I would surely verify on Shutterstock if I can find the same file for cheaper.

thats a good one, I guess IS should be only open for exclusives!

lisafx

« Reply #118 on: May 07, 2011, 13:06 »
0

nah,  you are welcome to creep in between me and the others,  I am reserving the 1.5,  slot for Lisa! :D

LOL!  I knew I liked you Chris!  Thanks for putting me in such lofty company ;D

lisafx

« Reply #119 on: May 07, 2011, 13:10 »
0

On the positive side I've P+'d the top selling 10% of my portfolio and have been got plenty of immediate sales at the new higher prices. I think this could easily add 20% or more to monthly earnings if sales remain stable.

Same experience here.  Spent yesterday P+ing about 10% of my port - mostly best sellers or things I considered outstanding but undiscovered.  Have already sold more than a dozen or so just Friday afternoon and Saturday morning.  The higher prices make a big difference.  $3.45 for a large and $2.70 for medium is very welcome!

I have some more slots available.  Didn't want to go hog wild right off the bat.  After a month or so of seeing where sales go I may use those additional slots.

rubyroo

« Reply #120 on: May 07, 2011, 14:11 »
0
Is there any more info on this Photo+ thing other than the message in the forum?  I just want to be sure that the 6-month lock-in doesn't come with a catch that I'm failing to see.

« Reply #121 on: May 07, 2011, 14:58 »
0
Is there any more info on this Photo+ thing other than the message in the forum?  I just want to be sure that the 6-month lock-in doesn't come with a catch that I'm failing to see.

That's it, and it wasn't even that detailed when it was first posted :)

E+ has been around for a while and as they're modeling so much of P+ on E+ (including all the mistakes in P+ when they didn't edit what they copied for descriptive text and including the bugs in files sometimes not repricing) there aren't any gotchas other than what happens to a file in best match placement if sales don't keep pace over time.

Some people have had great success with E+ and others view it as a total disaster - I think it probably has to do with how you pick the files. For those who've had some E+ sales, but not the same amount as before, even though the money is good, the best match position erodes over time because of the lower sales. In time, the lower best match position reduces the overall $$ the file earns and isn't compensated for by the initial boost in  higher royalties.

It's possible that IS is going to make the partner program mandatory at some point, but I don't think P+ will have anything to do with that one way or the other.

Even with E+, you can deactivate the file any time you want, so the "lock" isn't quite the same as DT's 6 month lock on content.

lisafx

« Reply #122 on: May 07, 2011, 15:36 »
0

E+ has been around for a while and as they're modeling so much of P+ on E+ (including all the mistakes in P+ when they didn't edit what they copied for descriptive text and including the bugs in files sometimes not repricing) there aren't any gotchas other than what happens to a file in best match placement if sales don't keep pace over time.


Good to know how things have gone with E+.  Thanks for sharing that.  :)

I am hoping that the P+ files don't face as much price resistance as the E+ ones did, because the prices are still in line with the very lowest exclusive prices.  Comparing the prices of my newly assigned P+ images to what they cost on other sites - DT, FT, etc., they are still extremely reasonable.  Same top sellers would cost considerably more at DT, but they still sell there.   

rubyroo

« Reply #123 on: May 07, 2011, 18:02 »
0
Thanks JoAnne.  Very useful info.   :)

« Reply #124 on: May 07, 2011, 20:03 »
0
Snip
In general searches, though, I notice that V/A don't seem, as dominant in the front pages today. 

Or maybe it's all just wishful thinking  :-\

 I would like to think that IS was listening to the complaints of both contribs and buyers. Any other theories? Or am I just deluded?
Listening to complaints? Have you packed your bags? Cuz you're going to fantasy land.


 

Related Topics

  Subject / Started by Replies Last post
123 Replies
45263 Views
Last post August 11, 2009, 16:07
by leaf
3 Replies
3807 Views
Last post December 21, 2017, 13:14
by ShadySue
12 Replies
4682 Views
Last post August 10, 2020, 09:41
by Uncle Pete
6 Replies
2346 Views
Last post December 31, 2021, 06:15
by alan b traehern
0 Replies
1179 Views
Last post October 04, 2023, 18:08
by yuriy

Sponsors

Mega Bundle of 5,900+ Professional Lightroom Presets

Microstock Poll Results

Sponsors