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Author Topic: PP Sales Anxiety  (Read 56792 times)

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ShadySue

« Reply #225 on: July 10, 2013, 16:44 »
0
Maybe they are hoping to make it clear that the financial benefits of exclusivity significantly exceed the benefits of independence, thereby pulling defectors and others into their fold.   It does seem to be turning into a two-horse race between iS and SS. If SS cuts commissions in line with the project it has put in place for BS, then I'm not sure what I would do.

With iS staff actively phoning buyers and trying to get the to sign up for the PP http://www.istockphoto.com/forum_messages.php?threadid=354492&page=1 - as well as previously targetting big buyers to switch to PP at the outset, despite telling ut the PP was for a 'different market' (implied: new buyers) - iStock may become even more buyer-sparse, and not a great place to be exclusive.
« Last Edit: July 10, 2013, 17:57 by ShadySue »


« Reply #226 on: July 10, 2013, 16:54 »
0
Maybe they are hoping to make it clear that the financial benefits of exclusivity significantly exceed the benefits of independence, thereby pulling defectors and others into their fold.   It does seem to be turning into a two-horse race between iS and SS. If SS cuts commissions in line with the project it has put in place for BS, then I'm not sure what I would do.
With iS staff actively phoning buyers and trying to get the to sign up for the PP http://www.istockphoto.com/forum_messages.php?threadid=354492&page=1 - as well as previously targetting big buyers to switch to PP at the outset, despite telling ut the PP was for a 'different market' (implied: new buyers) - iStock may become even more buyer-sparse, and not a great place to be exclusive.


Maybe  you are meant to be wallowing in wealth from Vetta sig+ and Getty sales. The sidebar here still suggests that exclusives earn 15 times as much from iS et al as independents do, so when I see my iS sales accounting for a fifth of my overall earnings I wonder about stuff.

ShadySue

« Reply #227 on: July 10, 2013, 17:04 »
0
Maybe  you are meant to be wallowing in wealth from Vetta sig+ and Getty sales. The sidebar here still suggests that exclusives earn 15 times as much from iS et al as independents do, so when I see my iS sales accounting for a fifth of my overall earnings I wonder about stuff.
It's not fully accurate. E.g. because I submit RM to Alamy, I post my figure on the Alamy column, which has the unintended consequence of posting my iS sales as though I were an indie, no doubt pulling down the indie average, whereas letting the average of the high-flying exclusives remain that bit higher.
Which reminds me, I haven't done last month's poll yet.   ???

lisafx

« Reply #228 on: July 10, 2013, 17:13 »
+2
I wasn't expecting this announcement (on second thought this is exactly what I expected), oh and Lisa don't read anymore of this post it's a quote from Lobo so it must be a lie. ;)

"Early next week we will be removing the option for Exclusives to opt in to the Partner Program. This means Exclusive content will no longer be able to add files to the Partner Program (thinkstock.com|photos.com). Any files that are currently apart of the Partner Program will be grandfathered into the Partner Program, but we will also provide you an opportunity to remove these files at any time."

Hey, I am not one of the indies that has an ax to grind with Lobo.  I am confident that he fully believes everything he tells us.  I think he's stuck handing out too little or inaccurate information a lot of times. 

Besides, their lack of veracity seems to be confined to missed deadlines and bug fixes, not to policy announcements. 

« Reply #229 on: July 10, 2013, 19:16 »
+1
Well, obviously the PP payments are not going to get done by tomorrow mornings cutoff. This is hard to accept.

« Reply #230 on: July 10, 2013, 19:49 »
+1
Well, obviously the PP payments are not going to get done by tomorrow mornings cutoff. This is hard to accept.

total joke week after week, decision after decision, the next iStock thing will be even better, some exclusives call it rocking out ;D

« Reply #231 on: July 10, 2013, 20:10 »
+3
Looks like you won't get the PP payment in time for this week's request, as it will be after the (undetermined) date of the GI payment adjustment:
"AS SOON as we have addressed the issues outlined in this Announcement we will be able to start pushing the PP payments."

http://www.istockphoto.com/forum_messages.php?threadid=354644&page=9#post6913066

They said the GI fix would be today.


Which timezone? ;)

Tror

« Reply #232 on: July 10, 2013, 20:16 »
+1
...what a scammy company IS is....

« Reply #233 on: July 11, 2013, 00:53 »
0
/
« Last Edit: May 12, 2014, 12:15 by Audi 5000 »

« Reply #234 on: July 11, 2013, 02:23 »
+9
My husband had a job as a software engineer at a company once. They never got around to fixing the billing system properly, just added quick fixes. After a couple of years it was so buggy that my husband had to spend 28 hours every end of month going through and correcting the numbers manually. If he didn't do that, no bills were sent. No one else had any clue what to do. He complained monthly, but the bosses said there were no time or money to do decent repairs.
When he quit, they kept paying him full salary for more than a year to do these 28 hours/month, while they hired 4-5 people to make a brand new billing system on the side.

I think something similar is happening with the PP-payouts. The person who knows what to do has quit, fallen ill, or died. Or maybe he just took a vacation. If he gets back to work, we will get our money. If he died, it will probably take a year or so before we get anything.

« Reply #235 on: July 11, 2013, 03:47 »
0
The latest update http://www.istockphoto.com/forum_messages.php?threadid=354790&messageid=6913514  seems to suggest that the July 10 deadline for starting the clawback has not been met, which means they will not be allowing payment requests when they get back to the office in a few hours' time.

Ron

« Reply #236 on: July 11, 2013, 05:43 »
0
My husband had a job as a software engineer at a company once. They never got around to fixing the billing system properly, just added quick fixes. After a couple of years it was so buggy that my husband had to spend 28 hours every end of month going through and correcting the numbers manually. If he didn't do that, no bills were sent. No one else had any clue what to do. He complained monthly, but the bosses said there were no time or money to do decent repairs.
When he quit, they kept paying him full salary for more than a year to do these 28 hours/month, while they hired 4-5 people to make a brand new billing system on the side.

I think something similar is happening with the PP-payouts. The person who knows what to do has quit, fallen ill, or died. Or maybe he just took a vacation. If he gets back to work, we will get our money. If he died, it will probably take a year or so before we get anything.
Although its a dead serious matter, I find that a very funny comment. Made me laugh.  ;)

« Reply #237 on: July 11, 2013, 06:03 »
+2
They said the GI fix would be today.
Which timezone? ;)
Hey you can't reply to the same comment twice 10 hours apart can you?  Guess it's not EST.

Well, in which time zone it is still "today" in the context of the quoted post?

Add to that the statements given since last week. All of those basically sound like what a renter is telling his landlord when the rent is overdue. "Tomorrow", "later", "we'll try". Then maybe you understand why something that someone said in a forum is not really the most trustworthy information you can get. It's not like you could get trustworthy information somewhere else, though.

No, I also believe Lobo is not lying. He publishes what he hears internally. The problem is somewhere else. It's the people who tell him what they are going to do today, tomorrow or next week who are not able to do their job properly or in time. And obviously any sentence starting with "If things work out as planned..." can in most cases be read as "We will experience further delays".

ShadySue

« Reply #238 on: July 11, 2013, 06:08 »
+4
No, I also believe Lobo is not lying. He publishes what he hears internally. The problem is somewhere else. It's the people who tell him what they are going to do today, tomorrow or next week who are not able to do their job properly or in time. And obviously any sentence starting with "If things work out as planned..." can in most cases be read as "We will experience further delays".
If I were him, I'd distance myself from these statements. I wouldn't say, "We will..." or "We hope to ..." He's been caught out far too many times before. I'd say something like, "The IT team is hoping to ..."

« Reply #239 on: July 11, 2013, 10:30 »
+1
/
« Last Edit: May 12, 2014, 12:15 by Audi 5000 »

« Reply #240 on: July 11, 2013, 17:02 »
0
Double payment has been removed.

They managed it then .... but nothing at all has happened on PP payments and they will close payout requests tomorrow morning.

« Reply #241 on: July 11, 2013, 17:07 »
0
/
« Last Edit: May 12, 2014, 12:15 by Audi 5000 »

« Reply #242 on: July 11, 2013, 17:10 »
0
From Lobo,

Payments will not be started prior to the cut off.

« Reply #243 on: July 11, 2013, 17:23 »
+1
From Lobo,

Payments will not be started prior to the cut off.

And they say they will complete the May and June PP payments in just two days over the weekend. Either they have upgraded their computers enormously or they are living in cloudcuckooland.

Noedelhap

  • www.colincramm.com

« Reply #244 on: July 11, 2013, 17:50 »
+3
Shows how bad they are at keeping promises. They don't give a rat's ass about the fact that people are actually counting on receiving their payments.

« Reply #245 on: July 11, 2013, 19:14 »
+1
My husband had a job as a software engineer at a company once. They never got around to fixing the billing system properly, just added quick fixes. After a couple of years it was so buggy that my husband had to spend 28 hours every end of month going through and correcting the numbers manually. If he didn't do that, no bills were sent. No one else had any clue what to do. He complained monthly, but the bosses said there were no time or money to do decent repairs.
When he quit, they kept paying him full salary for more than a year to do these 28 hours/month, while they hired 4-5 people to make a brand new billing system on the side.

I think something similar is happening with the PP-payouts. The person who knows what to do has quit, fallen ill, or died. Or maybe he just took a vacation. If he gets back to work, we will get our money. If he died, it will probably take a year or so before we get anything.

It may not be a "he", but yes, I've seen similar situation happen plenty of times.  Bean counters the world over don't seem to understand the importance of regular feeding and watering of your IT infrastructure; you can't just continually bolt new things onto a building and expect the underlying foundation to take all the extra weight it was never designed to bear forever.

« Reply #246 on: July 11, 2013, 19:27 »
0
Needless to say, I'm $8 short. Never make that up by tomorrow morning.

« Reply #247 on: July 11, 2013, 19:45 »
0
Yeah, I'm short 12.96, can't see hitting it either.

lisafx

« Reply #248 on: July 11, 2013, 20:35 »
+1
They are going to do May and June together starting on the weekend.  http://www.istockphoto.com/forum_messages.php?threadid=354958&page=1


That's a relief.  Fingers crossed it goes smoothly. 

« Reply #249 on: July 11, 2013, 21:44 »
+5
They are going to do May and June together starting on the weekend.  http://www.istockphoto.com/forum_messages.php?threadid=354958&page=1


That's a relief.  Fingers crossed it goes smoothly.


Interesting to see that they actually have June stats to run them "early" - makes me wonder if they really have the stats well in advance every month and just hold onto them to delay payout.


 

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