Agency Based Discussion > New Sites - General
500px distributors
Zero Talent:
--- Quote from: Steveball on September 02, 2017, 04:11 ---I received the same email, next day a massive sale for 35c! That's less than SS. Opted out straight away and had another 35c sale the day after. The cut on these distributor sales is 15% even thought 500px said it would be a 1/3 even split. How things have changed.
--- End quote ---
Then logically, it means you work only with SS and not with IS and their 0.28 or less (!!), not with FT/AS with their ~0.31, etc. Or logic doesn't apply here?
FYI, my 500px RPD is $26.69 (distributor sales included), averaged over a 3 digits number of sales, not far from my Alamy net RPD of $28.38 (distributor sales included), made from a similar number of sales.
I can bet your SS RPD is roughly 30 times lower!
And don't make me start with iStock! >:(
So where is the logic? :o
And where is that 15% coming from? You know it for a fact or it's only a speculation?
Bottom line, this negativity is not rational.
samards:
I didn't receive the mentioned e-mail, but still received 45c sale! Shocking, as I was usually getting something between 30 and 75$...
The thing is, I'm using 500px to build my portfolio and not for micro-stock sales, so I'm not sending these photos to other micro-stock agencies and now they appeared to be the same!
So I opted out from distributors network immediately, but don't know if it is enough to get reed of these silly sales??
Jo Ann Snover:
--- Quote from: Zero Talent on September 02, 2017, 10:58 ---...So where is the logic? :o
...
--- End quote ---
If you work from the assumption that your take is the only criterion to consider, then you could see refusing to support distributors (who do next to nothing for a huge cut of the buyer's purchase price) as illogical.
You are obviously entitled to support whichever agencies you choose, but I'd argue it's entirely logical to opt out of distribution deals everywhere as that encourages these parasite businesses (in the era of slides there was some point to a local distributor; in the age of the internet they have no reason to exist). These deals are bad for buyers as (typically) they inflate prices and bad for contributors as they siphon off more money from the transaction.
Zero Talent:
--- Quote from: Jo Ann Snover on September 02, 2017, 14:57 ---
--- Quote from: Zero Talent on September 02, 2017, 10:58 ---...So where is the logic? :o
...
--- End quote ---
If you work from the assumption that your take is the only criterion to consider, then you could see refusing to support distributors (who do next to nothing for a huge cut of the buyer's purchase price) as illogical.
You are obviously entitled to support whichever agencies you choose, but I'd argue it's entirely logical to opt out of distribution deals everywhere as that encourages these parasite businesses (in the era of slides there was some point to a local distributor; in the age of the internet they have no reason to exist). These deals are bad for buyers as (typically) they inflate prices and bad for contributors as they siphon off more money from the transaction.
--- End quote ---
I would however argue that the type of position you take here is rather ideological, than logical.
If you consider these distributors (both for Alamy and 500px) as an agency, they do a significantly better job than SS, IS, FT, DP, 123RF, DT etc.
They manage to sell your stuff for a much higher price than all the above. Moreover, your bottom line is much better than what you already accept from these traditional microstock outlets.
In other words, if you accept that shameless RPD from IS and their 15%, what is wrong in getting 10-20 times better RPD from these distributors?
The fact that somebody else is winning besides you, should only bother someone who believes the economy is a always a zero-sum game.
Using the same logic, "in the age of the internet", SS, IS, 123 and all the others have no reason to exist, because you can easily sell directly from your own website
Yet, you accept the middle man, because the end result is much better for you, than if you would struggle alone to reach your customers.
The fact is that in all healthy economies, the middleman is the oil that makes the engine run smooth, not a "parasite"!
On top of that, you don't know what is their business model. I don't believe they duplicate the whole 500px marketplace. It is very likely that they only reflect a curated slice of it. And we don't know what kind of marketing these distributors are using, what kind of additional services they offer, etc in order to convince customers to pay significantly more than on SS & Co, for the same material.
Of course, we are obviously entitled to support whichever agencies and ideologies we like!
I prefer pragmatism.
Steveball:
--- Quote from: Zero Talent on September 02, 2017, 10:58 ---
--- Quote from: Steveball on September 02, 2017, 04:11 ---I received the same email, next day a massive sale for 35c! That's less than SS. Opted out straight away and had another 35c sale the day after. The cut on these distributor sales is 15% even thought 500px said it would be a 1/3 even split. How things have changed.
--- End quote ---
Then logically, it means you work only with SS and not with IS and their 0.28 or less (!!), not with FT/AS with their ~0.31, etc. Or logic doesn't apply here?
FYI, my 500px RPD is $26.69 (distributor sales included), averaged over a 3 digits number of sales, not far from my Alamy net RPD of $28.38 (distributor sales included), made from a similar number of sales.
I can bet your SS RPD is roughly 30 times lower!
And don't make me start with iStock! >:(
So where is the logic? :o
And where is that 15% coming from? You know it for a fact or it's only a speculation?
Bottom line, this negativity is not rational.
--- End quote ---
FRom 500px site -
If for instance they were to license an image for $250.00 to their client in Japan, the royalty breakout would be:
Initial sale price - $250.00
Amana’s share - $125.00
500px & Photographer share - $125.00
Then, based on the individual photo’s Representation Rights (Exclusive or Non-Exclusive) the Photographer share is either:
Exclusive - $75.00 (60% of $125.00)
Non-exclusive - $37.50 (30% of $125.00)
37.50 is 15% of the original 250
Seller gets 125
500px gets 87.50
We get 37.50
Way of the world.
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