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Author Topic: Sales slump  (Read 65391 times)

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« on: August 10, 2010, 09:52 »
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I've seen an extraordinary drop in sales since the new site went live. Is it just me, is it non-exclusives generally or is it everyone? Have they pushed through some search reshuffle that is affecting me?


« Reply #1 on: August 10, 2010, 10:02 »
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No Sales at all, so far this month !!  :(  very worrying  ???

« Reply #2 on: August 10, 2010, 10:24 »
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Not noticed a change.  My sales were down there in July and August is slow but that has happened before in the summer months.  Far too early to guess if they new site has made a difference, wait until things pick up again in September.

« Reply #3 on: August 10, 2010, 10:56 »
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no change noticed here either, my stats are to cry for since may, actually picking up a tiiiny bit since this week. (small port, not necesarily representative, still fun to chime in ;))

« Reply #4 on: August 10, 2010, 11:16 »
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Maybe nothing, then. But Shutterstock almost always comes in second behind iStock in my results, so for iStock to be trailing SS by almost 20% a third of a way through the month makes my antennae twitch a bit.

lisafx

« Reply #5 on: August 10, 2010, 12:20 »
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My sales at IS are the same level of lousy that they have been for the last couple of months.  No change here, unfortunately...

« Reply #6 on: August 10, 2010, 12:27 »
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No noticeable change for me. Denis

rubyroo

« Reply #7 on: August 10, 2010, 12:42 »
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Just checked and I seem to have had a mini slump in May, but June and July are pretty much as normal.

« Reply #8 on: August 10, 2010, 12:46 »
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July was ghastly and August is starting out the same.  No noticeable change since F5.  Read the July Stats thread on the IS forums for "entertainment."

« Reply #9 on: August 10, 2010, 12:56 »
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I am exclusive to IS. My sales were pretty decent in the first week of August, then as soon as F5 was introduced, my sales went from down to NIL. I haven't had any sales on Monday and today (Tuesday). It feels odd.

« Reply #10 on: August 10, 2010, 13:11 »
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There is 25% Off promo to celebrate the F5.
I guess total sales must be really low.  Otherwise, I don't think such a big discount would be offered.  :-\   

« Reply #11 on: August 10, 2010, 13:16 »
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Huge slump for me over last few days.  :(

« Reply #12 on: August 10, 2010, 13:38 »
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Had one or two sales, about average, but my usual rate is so low it's hard to say if there is a trend.

« Reply #13 on: August 10, 2010, 13:49 »
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I had only few audios in last few days, and not a single photo sold

« Reply #14 on: August 10, 2010, 14:06 »
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No Sales at all, so far this month !!  :(  very worrying  ???

Same here

« Reply #15 on: August 10, 2010, 14:34 »
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Well, having just read that July thread I suppose I should be ecstatic that my earnings have been almost perfectly flat for the last three months, just 15% below the March high.

SNP

  • Canadian Photographer
« Reply #16 on: August 10, 2010, 15:43 »
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if you were experiencing a bonified sales slump, using three days worth of 'data' really isn't very empirical or proof of anything. come on, let's not jump to silly conclusions. other than some irritating stylistic flaws, it is a well-designed and executed website and iStock have led the way many times before. the new site will take weeks to have any affect, let's give it at least that chance to prove itself.

« Reply #17 on: August 10, 2010, 16:10 »
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if you were experiencing a bonified sales slump, using three days worth of 'data' really isn't very empirical or proof of anything. come on, let's not jump to silly conclusions. other than some irritating stylistic flaws, it is a well-designed and executed website and iStock have led the way many times before. the new site will take weeks to have any affect, let's give it at least that chance to prove itself.

I know three days of my data are not statistically significant, that's why I inquired whether others had observed the same before deciding whether to draw any conclusions. An immediate impact is possible if they have done something to the search.

It's not about giving iStock a chance or not, I have no influence over it. I just have to live with whatever the results are of anything it does. I doubt if a cosmetic makeover is going to make much difference to overall sales, the key factors are probably the pricing and customer budget restraints (which also means "the pricing").

The stats posted in that July thread suggest that quite a few customers may have been using up their outstanding credits and then looking for a cheaper place to go for images. It was always going to take months for the impact of the big price hike on much of the collection to work through the system. On the other hand, I suppose any significant buyers who rejected the rise will have left by now, so there should be a new balance in place that the site can build on.

lisafx

« Reply #18 on: August 10, 2010, 17:35 »
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There is 25% Off promo to celebrate the F5.
I guess total sales must be really low.  Otherwise, I don't think such a big discount would be offered.  :-\   

Wow!  Yeah, I don't ever remember a discount that steep.  So then maybe the sales slump we are experiencing really IS a sale slump, and not just the result of dilution...

« Reply #19 on: August 10, 2010, 17:47 »
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August is starting off a bit better than the horrible june and july.

« Reply #20 on: August 10, 2010, 23:56 »
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Worst start for a month in three years.  Down to about 1/3 what I've been getting by this time in a month (which was already down dramatically from the beginning of the year).  The last four days, nothing.  It's been years since I've had more than two days without sales.

So far this month both DT and FT have each outperformed IS.  Generally the two of them together are about half what I make at IS.  SS remains about the same as it's been all year.

Go figure...

« Reply #21 on: August 11, 2010, 00:11 »
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There is 25% Off promo to celebrate the F5.
I guess total sales must be really low.  Otherwise, I don't think such a big discount would be offered.  :-\   

Wow!  Yeah, I don't ever remember a discount that steep.  So then maybe the sales slump we are experiencing really IS a sale slump, and not just the result of dilution...

You're big enough to be almost statistically siginificant on your own, Lisa! So if you're also feeling it .... Congrats on the black diamond thingy btw.  (Isn't a black diamond a lump of coal?)

lagereek

« Reply #22 on: August 11, 2010, 02:07 »
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I believe there is a general drop in sales just about everywhere but for some reason it seams to have affected IS more then the others. Have not noticed any change in their best match.

« Reply #23 on: August 11, 2010, 03:10 »
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Yes, for the first time IS is down from my best earner to number 4 (behind SS, FT and DT). I have never experienced such a sudden and drastic drop in sales at any of my other stock sites. I am not really surprised. What else did they (or we for that matter) expect after they started to actively invite buyers over to ThinkStock.  If I was exclusive there I would now seriously consider jumping ship. Hope I am wrong, but I have a stinking feeling it will only get worse over at IS.

« Reply #24 on: August 11, 2010, 03:14 »
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Is there a similar topic like this , on their forum?


 

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