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Author Topic: isyndica is closing  (Read 21720 times)

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« Reply #50 on: September 29, 2010, 08:17 »
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Pixamba brought back from the dead:)


microstockphoto.co.uk

« Reply #51 on: September 29, 2010, 10:16 »
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Hi all,
good news from an exclusive conversation with David Mail of ProStockMaster: Pixamba + PSM integration in 3-4 weeks!
Check it out:

http://www.mystockphoto.org/prostockmaster-pixamba-for-the-isyndica-orphans/

Ciao,
          Roberto



"unlimited number of FTP distribution channels" AND "Most of the functionality will be will be free of charge."?

should the two things come together (=free ftp), it sounds like great news

it would be nice to know how they'll manage to profit from this: what will they do with our images? should they sell at an acceptable price, or get a % from other agencies, no problem for me - just my suppositions
« Last Edit: September 29, 2010, 10:18 by microstockphoto.co.uk »

« Reply #52 on: September 29, 2010, 13:54 »
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My name be haloed or cursed forever on...

I suppose I should give a few word to address the common "why, oh, but why?" question and a few other points raised on this thread.

"Why?" - give you one guess, and some of you had reasonable guesses for part of the issue: sustainability, or lack thereof.

"Why not raise the price?" someone said. Well, you tell me, this very thread has a mix of comments between "it was great and cheap" and "credits sucked and it was too expensive". I guarantee you, it makes it quite tough to find the right price point to balance the customer base with the revenue targets, and your operating costs.

I will give you a comparison that is a bit crude but has the benefit to make your reflect on the matter with the proper angle. Most of us, me included, have no problem spending $5 at Starbucks to get a coffee. Well, heck dude, you can get a coffee just about as good, if not better, for 50 cents if you make it yourself. I don't see us counting our pennies then, right? You enjoy the coffee and forget you just pissed out $4.50.

When it comes to providing a service that revolves around you (or I) making money, suddenly prices become a much more sensitive story. You start comparing your income versus your cost. And the truth of the matter (some here pointed that too) is that the majority of contributors really don't make that much. And because most people don't value their time, the $5 spent on a coffee suddenly becomes a more attractive proposition than $1 spent on saving you a couple hours of work.

Because, from the start, based on our positioning as a tool for contributors, and not a microstock agency on steroids (with distribution), we were caught between a rock and a hard place: most potential users don't really feel like paying and we can't make a commission on content sales for fear our distribution network would collapse under anti-distribution warfare from agencies who would see us as direct competitors endangering their supply line. You have this attitude to thank for Shutterstock persistent refusal to be listed on the network (and them threatening to sue me personally and closing my personal contributor account a couple times). Believe it or not, we grew to feed 5% of their weekly content supply through that magic "Generic FTP connector", but does that really matter?

In the final analysis, much like anywhere else, the Pareto principle applies: 20% of the contributors publish 80% of the content. Of those contributors, 20% make 80% of the revenue. Everyone else is reduced to see micro stock, now very much a commodity market, as a mildly enticing waste of time or moderate income source, which, in truth is disproportionately small in comparison to the energy we spend "feeding the beast".

As a final point to answer "why", yes, iSyndica had some reasonable backing, however the business results were disproportionately small in comparison to the original objectives. We weren't supposed to just focus on micro stock, for one thing, but problems following one another, we ended up being stuck there. You do not get investors without having to measure yourself to some minimal expectations.  And thus, while the platform was technically sound and could have gone further (for fear you might cry bloody murder I won't give you details on some of the features we kept under wrap in the last 3 months and would make some people who post in these forums look like Mickeys at the Zoo, I won't name them), but in terms of business, in terms of pure profitability, we shot ourselves in the foot (and the head) from the start and it was time to pull the plug, instead of pissing money in a black hole - excuse my French (I get discount points for actually being French).

So there is for the "why".

For all those of you out there who used us - even for free - you have my most sincere apologies that this flight-of-fancy is coming to an end. Believe you me that nine of you will be as sorry as I am after giving my heart and soul to this venture over the past 2 years. For those of you who didn't use us, you should have tried, it would have made you realize how valuable your time is.

Now, regarding specific points raised in this thread:

- Syndication was paused for a couple hours today as I rolled out the account closure/refund page. Things should be back in order now.
- If you run out of credits for your last syndications, contact support. (@isyndica.com) you can't place orders for credits anymore because I want to limit accidental user errors causing frustration for everyone at refund time, BUT we will arrange something fair and I certainly won't begrudge you a few pennies if that's all you would need - that's on the house
- Refunds: we pay you back pro-rata for your subscription and storage and credits based on your average purchase price, everything rounded to your advantage, AND your referrals. No payout limit. No BS. BUT you must fill out the Account Termination form because we do not have your billing information to pay you back and Paypal does not allow refund on old orders. I have extended the deadline for refund requests to October 17 and will be playing Captain on the deck on my sinking ship to fulfill all the requests we receive.
- Manually synchronizing your portfolio after iSyndica to figure out what you sent, where: no need. Connect to you FTP account on iSyndica and download the Syndication.tab.txt file that you can open up in Excel and transform into a Pivot table. If you need more details, I can probably accommodate this as well,l.  Contact me on the support email.
- Other solutions in the life after iSyndica. My cynical side would say no other sucker got caught into that trap, but there are some ways: PSM, Cushystock, and eventually Pixamba, the makers of PSM actually mentioned they were planning an online distribution service. There is also a slim possibility that the service could be revived by either of a few companies that contacted us for a possible transfer.  This is a discussion in progress however and there is no promise (and no, iStock didn't buy us to plug exclusive account leaks, god bless them they never figured out everybody cracks the API key from their Aperture pllugin to syndicate to them!)


I think I answered all the questions raised in this thread, if there is more, please contact me at support@isyndica.com [nofollow] - I guarantee you I will treat everyone of you as best as I can.

Ladies, gentlemen, again, it has been a pleasure (if all relative in light of the abyss I now contemplate) to serve you these past two years, and for what it's worth, you have my sincere apologies for capturing you along with me and all our team at iSyndica in a dream that ended sooner than desired.

With all my Best regards,


Seb, CTO, iSyndica

PS: Dave thanks for the lovely blog post. Funny I had in mind to put a tombstone on the homepage after I put the key under the door. That and maybe this cool poem from Yates, you know: "... But I, being poor, have only my dreams, thread softly, for you thread on my dreams..." maybe I should just point the DNS to your blog ;-)   

« Reply #53 on: September 29, 2010, 14:06 »
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Seb,
my public thanks for all your work and for sharing with us these "personal" facts and thoughts.
Best,   
       Roberto

« Reply #54 on: September 29, 2010, 14:43 »
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How much for a copy of the website I can run locally on my system? :)

« Reply #55 on: September 29, 2010, 17:24 »
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Excellent response Seb, I'm very sorry to see you guys going, but thank you for the honest info on what happened.
Best of luck in the future, if there's ever anything I and picNiche can work with you on, you have my fullest attention :)

« Reply #56 on: September 29, 2010, 17:44 »
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If wonder if it is ok  for sites with limits like veer or stockfresh to upload tons of images and than adding little by little as limit allows u

For Veer, it is ok. You can upload all and then submit a few at a time.
Stockfresh, I don't know as I am still waiting for application approval.
(Shutterstock has no limits but deletes your unsubmitted files after a few weeks).

Hm , Im got this message on isyndyca:

The last upload to your channel failed with the report that your quota has been reached. Credits have not been removed from your account, however subsequent uploads would fail until you resolve this issue.
Consequently, your channel Veer has been temporarily disabled.
Please visit your channel account to correct the matter by submitting your uploaded files first and making sure you free up your quota for further uploads


So I guess they have limits , if Im understanding this right , only I just back from a party so I better see again tommorow

« Reply #57 on: September 29, 2010, 18:07 »
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It could survive if there was no economic downturn in last 2 years. But you cannot target your product to 5% of the market. I was stating this from the beginning, most of the contributors do not make enough to justify spending money on such service. I wish it is 20/80 then you might build business around it. I guess it's more like 5% of contributors earns 95% of revenue.

microstockphoto.co.uk

« Reply #58 on: September 30, 2010, 01:34 »
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So I guess they have limits , if Im understanding this right , only I just back from a party so I better see again tommorow

I thought they didn't. Maybe limits are so high that I never met them: I think I had about 1K images in the unprocessed queue at times.
« Last Edit: September 30, 2010, 01:37 by microstockphoto.co.uk »

« Reply #59 on: September 30, 2010, 02:16 »
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@ Seb,

just wanted to thank you for your service! I really enjoyed isyndica.
I wish you the best!

« Reply #60 on: September 30, 2010, 05:46 »
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Like Seb and Roberto mentioned above, we do plan to introduce a new online service soon. First of all, this new service will allow ProStockMaster customers to send their images out only once, while the online system will do the actual distribution. This client-server extension to ProStockMaster will be ready in October, and, like anything else in ProStockMaster, it will be available free of charge for the PSM customers. The online distribution will be done through our Pixamba SaaS which will get an additional, contributors-oriented GUI.

The vision is quite simple: we plan to offer 80% of the functionality free of charge, including unlimited number of custom FTP channels and Pxamba-added stock agencies that we will integrate periodically, in addition to the existing 9 of them.

Media can be stored either offline (i.e on a local filesystem, like we do now with PSM) or online with Pixamba. If the latest option is chosen we'll provide a bunch of the additional functionality, including detailed sales stats and reports, and will charge a monthly fee for this service.

Of course it would be great if we could come to agreement with iSyndica, it could make the things much easier to their customers. Meanwhile, I suggest to download all the dump files that iSyndica offers. Probably we'll be able to make a use of them in the near future.

Also, a few frequent questions I am getting these days are listed here: http://prostockmaster.com/2010/isyndica-closes/

« Reply #61 on: September 30, 2010, 07:04 »
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Hey Seb.

I'm really sorry to see iSyndica closing. It has made my life so much easier in the last year or so. I don't think prices were too expensive and I would have paid more, if necessary. I feel that you could have given it a little more notice so we could prepare ourselves and finish syndication before the deadline, but that's not going to be possible for some agencies.

And seriously, someone asked how much for a copy of the website. I'm interested too! :)

Best regards!
Dan

microstockphoto.co.uk

« Reply #62 on: September 30, 2010, 07:30 »
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First of all, this new service will allow ProStockMaster customers to send their images out only once, while the online system will do the actual distribution. This client-server extension to ProStockMaster will be ready in October, and, like anything else in ProStockMaster, it will be available free of charge for the PSM customers. The online distribution will be done through our Pixamba SaaS which will get an additional, contributors-oriented GUI.

Hi David,

Uploading once, and then distributing is great! expecially for free

Will you also allow direct FTP to Pixamba for redistribution without using ProStockMaster?

I am asking because I already have a workflow in place, which includes IPTC and FTP from a Linux machine, and I don't see a reason for introducing another step (ProStockMaster, which furthermore is not available for Linux) when a simple FTP client would suffice.

« Reply #63 on: September 30, 2010, 07:40 »
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Thanks for all the info Seb.  It is sad to see iSyndica go.  It was a very well designed site.  Good luck on your next project whatever that may be.

« Reply #64 on: September 30, 2010, 10:43 »
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Will you also allow direct FTP to Pixamba for redistribution without using ProStockMaster?
Yes, of course. You will be able upload images to your online portfolio with any SFTP client, e.g. Filezilla.

microstockphoto.co.uk

« Reply #65 on: September 30, 2010, 14:24 »
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Will you also allow direct FTP to Pixamba for redistribution without using ProStockMaster?
Yes, of course. You will be able upload images to your online portfolio with any SFTP client, e.g. Filezilla.

Thanks, I'm starting to like your project.

jbarber873

« Reply #66 on: September 30, 2010, 20:30 »
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Thanks, Seb, for a classy post and an honorable end to your service. I wish it didn't have to end. I will miss it very much. The alternatives to your service are garbage, unfortunately. Good luck wherever you go next!


 

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