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Author Topic: When they can show Downloads, Why not earnings?  (Read 2024 times)

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Ambu

« on: November 02, 2024, 05:17 »
0
Is there any use that Getty/Istock showing daily updating downloads count ? What's the use of downloads showing daily instead of showing earnings and downloads on 20th of next month?
RPD is not fixed, we don't know what RPD we get next month, by knowing the downloads count, can we know the earnings???
no...Not.

When they can update the downloads count/ what files got sold and under what plan, Why cant they update earnings?
What they are doing in the background till 20th of next month?


« Reply #1 on: November 02, 2024, 05:59 »
+1
Have you asked this on iStock's forum or directly to their Support? I'm not sure if anyone here can answer.

« Reply #2 on: November 02, 2024, 06:28 »
+3
Because at the moment of download, the monetary transaction is not always happening. Unlike other agencies, which are stealing contributors' money, iStock implemented a "fair trade" subscription model: sale price is not fixed for contributors (only the minimum if fixed but not maximum); the full amount client paid is splitting between contributors proportionally their downloads number. So, theoretically, if a client downloaded only one picture, this one contributor will get not fixed 5 cents but hundreds of dollars. It is a rare situation but in fact, it works and subscriptions bring interesting money for some transactions time by time. But it can be calculated only at the end of the client's billing period, not at the moment of purchase.

So, please, don't push iStock to show your daily earnings. It would mean you (and, what is more important, ME) will lose money :)

Sent from my LM-V600 using Tapatalk


Ambu

« Reply #3 on: November 02, 2024, 10:37 »
0
Because at the moment of download, the monetary transaction is not always happening. Unlike other agencies, which are stealing contributors' money, iStock implemented a "fair trade" subscription model: sale price is not fixed for contributors (only the minimum if fixed but not maximum); the full amount client paid is splitting between contributors proportionally their downloads number. So, theoretically, if a client downloaded only one picture, this one contributor will get not fixed 5 cents but hundreds of dollars. It is a rare situation but in fact, it works and subscriptions bring interesting money for some transactions time by time. But it can be calculated only at the end of the client's billing period, not at the moment of purchase.

So, please, don't push iStock to show your daily earnings. It would mean you (and, what is more important, ME) will lose money :)

Sent from my LM-V600 using Tapatalk

If what you said is "True", Some people may purchase monthly subscription, some may purchase yearly subscription. And not all the people purchase subscription plans at the beginning of month.
So how can Getty/Istock distribute earnings based on the number or purchases made by client?

Lets assume, if someone purchased monthly subscription on 25st of Oct, then it's expiry is on 24th of November.
And he purchased few files, not used all the limit that he can purchase.
So, how can Getty/Istock calculate add the Octobers earnings on 20th of November? because his Subscription plan is not over by that time? how it distributes earnings to contributors?

And many people purchase yearly subscription, But Getty/Istock updates earnings of prior month on the 20 th of next month.
So, they may not use their download limit. in such cases how can "the full amount client paid is splitting between contributors proportionally their downloads number?".

« Reply #4 on: November 02, 2024, 12:28 »
+2


Lets assume, if someone purchased monthly subscription on 25st of Oct, then it's expiry is on 24th of November.
And he purchased few files, not used all the limit that he can purchase.
So, how can Getty/Istock calculate add the Octobers earnings on 20th of November? because his Subscription plan is not over by that time? how it distributes earnings to contributors?

They doesn't. If you will check purchase dates in your monthly reports, you will see many sales from past months.

Only FINANCIAL TRANSACTIONS happened in the reporting month will be counted and paid out. Not "downloads".

It is why the current "downloads" stats is very confusing for newbies, and the numbers will never aligned with the sales report.


Sent from my LM-V600 using Tapatalk


Ambu

« Reply #5 on: November 02, 2024, 14:06 »
0


Lets assume, if someone purchased monthly subscription on 25st of Oct, then it's expiry is on 24th of November.
And he purchased few files, not used all the limit that he can purchase.
So, how can Getty/Istock calculate add the Octobers earnings on 20th of November? because his Subscription plan is not over by that time? how it distributes earnings to contributors?

They doesn't. If you will check purchase dates in your monthly reports, you will see many sales from past months.

Only FINANCIAL TRANSACTIONS happened in the reporting month will be counted and paid out. Not "downloads".

It is why the current "downloads" stats is very confusing for newbies, and the numbers will never aligned with the sales report.


Sent from my LM-V600 using Tapatalk

I am contributing files to them from last 4-5 years, and made thousands of sales.
I have never seen such sales happened days/months back and reported lately..

« Reply #6 on: November 03, 2024, 06:50 »
+1
Is there any use that Getty/Istock showing daily updating downloads count ? What's the use of downloads showing daily instead of showing earnings and downloads on 20th of next month?
RPD is not fixed, we don't know what RPD we get next month, by knowing the downloads count, can we know the earnings???
no...Not.

When they can update the downloads count/ what files got sold and under what plan, Why cant they update earnings?
What they are doing in the background till 20th of next month?

They simply don't want to.  They used to report earnings daily..  and they can again.. if they wanted to.  But they don't.
« Last Edit: November 03, 2024, 06:53 by trek »

Uncle Pete

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« Reply #7 on: November 03, 2024, 15:27 »
+1
...sale price is not fixed for contributors (only the minimum if fixed but not maximum); the full amount client paid is splitting between contributors proportionally their downloads number.

Correct, iStock can't post a number, because they don't know what that number will be, until the end of a month. Annual contracts have monthly limits, our percentage is based on that.

Also, downloads are reported by the month and earnings are recorded by the pay period. They are not the same.

"There are two ways of buying a standard license: on demand (paying as you go) using iStock credits a system in which you buy packs of credits upfront and then use those credits to redeem image downloads at your discretion or with a monthly or annual subscription subscriptions are memberships that give you a fixed number of image downloads per month for an equally fixed monthly fee."

They would know for the first, based on credits, they wouldn't know when it's based on the total paid, divided by the number of files downloaded.

« Reply #8 on: November 03, 2024, 21:17 »
0



I am contributing files to them from last 4-5 years, and made thousands of sales.
I have never seen such sales happened days/months back and reported lately..

Did you ever check your stats with DeepMeta? :) Just filter your sales by "sales month" and "report month" and compare the results. I'm not sure the new DM4 can do it, use the desktop version.


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« Reply #9 on: November 03, 2024, 21:20 »
+2



They simply don't want to.  They used to report earnings daily..  and they can again.. if they wanted to.  But they don't.

Sorry to say but this is a pretty stupid statement. Yes, the used to report sales in real time :) but it was before subscriptions, before the new royalty sharing models. In the prehistoric times.

Please read my explanations. Then explain, how Getty can do what you want without stealing your money :)

Sent from my LM-V600 using Tapatalk



 

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