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Author Topic: Know anything about Dreamstock?  (Read 14559 times)

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« on: June 15, 2010, 17:40 »
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I got e-mail this morning from "DreamStock.com Team" inviting me to join their new site. I guess they weren't being as careful about their "By Exclusive Invitation Only" list as they should have been or they'd not have wasted their time soliciting an iStock exclusive :)

50% commission seems reasonable, but their subscription business is unlimited downloads - 1 month for $99.95 - paying photographers 10 cents per download. They pitch this as a positive saying that because it's unlimited you'll make more money.  They're insane if they think this model will last any amount of time. SS started that way (and I think 123rf did too) but it didn't take long before they imposed limits. Even if that price is limited to unlimited medium size, I just don't think it'll last.

The email says this is a new project by DreamTemplate - they offer web templates, also with unlimited subscriptions.

The email also says "Please note: this email is intended for you, we urge you not to encourage other photographers to join during our special invite program, we intend to only invite the best photographers for premium placement during this time." In keeping with their request, I'll urge anyone not to join as this seems like an insanely bad (for contributors) idea.


« Reply #1 on: June 16, 2010, 05:42 »
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Sounds horrible *shudders*

« Reply #2 on: June 16, 2010, 06:20 »
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"Please note: this email is intended for you, we urge you not to encourage other photographers to join during our special invite program, we intend to only invite the best photographers for premium placement during this time."
Since I'm far from being amongst the "best photographers", I'll humbly obey their request, and let the privilege of being paid a whopping 10c for an image to the crme de la crme;D

« Reply #3 on: June 16, 2010, 06:34 »
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"Please note: this email is intended for you, we urge you not to encourage other photographers to join during our special invite program, we intend to only invite the best photographers for premium placement during this time."
Since I'm far from being amongst the "best photographers", I'll humbly obey their request, and let the privilege of being paid a whopping 10c for an image to the crme de la crme;D

You are always good for a good laugh . . .  so, HA HA!

« Reply #4 on: June 16, 2010, 07:39 »
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Obviously the copyright owners of the 77,000+ images don't care about the 10 cents sub option.

Perfect example that the agencies' plans to eventually offer content for free will work!

This is regardless whether Dreamstock will survive or not - it just shows that enough newbies will go along with everything the agencies want.

« Reply #5 on: June 16, 2010, 12:46 »
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So if one person signs up for a month and pays $100 and downloads the entire database in that month (70,000 images), you tell me that they're going to pay the photographers $7000?  I'm going to look up the contact infor cuz I have some land for sale.

lisafx

« Reply #6 on: June 16, 2010, 12:58 »
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"Dream"stock??!!  Sounds more like "Nightmarestock" ;)

Ridiculous!  They had better widen their "invitation only" pool, because no self-respecting microstocker is going to give images away for .10 a download.  

« Reply #7 on: June 16, 2010, 13:06 »
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... Ridiculous!  They had better widen their "invitation only" pool, because no self-respecting microstocker is going to give images away for .10 a download.  

I wonder who actually did send them their images as they obviously got a few contributors already.

Regarding "invitation only" - it appears that anyone can sign up right now directly on their site. This is just a huge clusterf***.

« Reply #8 on: June 16, 2010, 18:48 »
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The invitation only reminds me of a slick salesman that sold an Encyclopedia Britannica to my mother (a widow with modest income) since our family was part of a select group that was chosen. She had to pay 2 years for it by installments, and it even hadn't porn! (I was 12).

Since then I have an allergy for whatever is "invite only", and when someone tells me I have been "chosen", I slam the virtual door. (Although I have to think about that offer of a Nigerian banker that could make me millions.  :P)

« Reply #9 on: June 16, 2010, 19:10 »
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I wonder how tight the fine print is, as even I could make money downloading an unlimited number of my own images for 10 cents a pop. (or maybe we could just make a microstockgroup account that buys one of each of our images every day. I'm sure I have 100 crap rejects somewhere on my hard drive...

I wouldn't be surprised if the number of dls get restricted in the future, but the 10 cents stays.

« Reply #10 on: June 17, 2010, 12:16 »
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I got that email too.... I consider it an insult, offering 10 cents per sub download. Hope most people do too. Good luck to them with building up content.

« Reply #11 on: June 17, 2010, 13:18 »
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I got that email too.... I consider it an insult, offering 10 cents per sub download. Hope most people do too. Good luck to them with building up content.

Judging by the number of people who jumped on the Thinkstock bandwagon for $.25, I wouldn't count on it. When people use the reasoning "well, 25 cents is better than nothing, right?" I can also believe there will be many who say "well, 10 cents is better than nothing, right?" too.

donding

  • Think before you speak
« Reply #12 on: June 17, 2010, 15:50 »
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I'd be a little wary of joining...not that I am, no way...but I'd be afraid they'd go bankrupt pretty fast and wouldn't be paying their contributors while all those photos would be showing up on these sites that buy then resale our photos in bulk packs.

« Reply #13 on: June 18, 2010, 09:56 »
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Hello Everyone!

I am an account rep from DreamStock.com :) I just wanted to chime in and say that our rates are lower than others because we are approaching stock photography in a different way, as a result our rates must stay competitive. Since we are offering an unlimited download plan, customers will tend to download more often, which means a photographer's earning power will actually increase! While we pay 10c per download via our unlimited download plan (medium images), we pay 50% commission rate when a customer purchases single images via our credit based system (extended licenses, bigger image sizes etc).

DreamStock is still in beta but we will be aggressively promoting it in the coming months as we are well financed from some big investors/banks. Those who upload to sites such iStock or Shutterstock know these sites get thousands of submissions per day, some of these sites have grown from 1-2 million images to well over 10+ million images in such a short period of time. We are inviting premium photographers to submit their images now so they get premium placement "First come, first serve". Of course if you didn't get an invite but have great looking images, you're welcome to join!

Those who join early will generally get a competitive edge over their competitors because their download counts are usually higher and as a result their images will feature more prominently near the first page of results. This is because we will be sorting our images by "Most Popular" by default.

We're just starting out but so far we've had a huge response!! We currently have thousands of photos waiting for approval and more are being added every week. We hope to surpass 1 million images within 16 months.


I wonder how tight the fine print is, as even I could make money downloading an unlimited number of my own images for 10 cents a pop. (or maybe we could just make a microstockgroup account that buys one of each of our images every day. I'm sure I have 100 crap rejects somewhere on my hard drive...

This is against our terms of service. While we welcome genuine downloads, we have strict policies against those who register accounts to artificially inflate download numbers for their associate photographers. Accounts/photographers involved in this scheme will be removed from our service.

If you have any other questions, feel free to visit us, we're generally on live chat.  ;D

rubyroo

« Reply #14 on: June 18, 2010, 10:12 »
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Well financed by banks?  In a credit crunchy?  Is that some sort of miracle?  ;)

I'd never accept 10c, regardless - but I think you forgot to tell us how many buyers you have in your info above.  
« Last Edit: June 18, 2010, 11:54 by rubyroo »

« Reply #15 on: June 18, 2010, 10:38 »
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I just wanted to chime in and say that our rates are lower than others because we are approaching stock photography in a different way, as a result our rates must stay competitive. Since we are offering an unlimited download plan, customers will tend to download more often, which means a photographer's earning power will actually increase!

This is flawed thinking. All the significant subscription services rely on the fact that the average subscriber only downloads a fraction of their entitlement __ thought to be about 30-40%. The agencies would lose money otherwise as the commissions payable on 100% of download entitlement are invariably equal or greater than the cost of the subscription.

All you your plan is likely to achieve is to give you a competitive advantage over other agencies (by paying us less you could sell subscriptions cheaper) and, even worse, your plans would be an absolute gift to 'customers' such as HeroTurko and the like.

You have no chance of succeeding without the support of the major contributors and you have absolutely no chance of gaining that with a feeble offering such as this.

« Reply #16 on: June 18, 2010, 11:02 »
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10 cents?  Unbelievable!!!  I can't believe any contributor would sign up for this. 

« Reply #17 on: June 18, 2010, 11:46 »
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because we are approaching stock photography in a different way
No kidding! 

« Reply #18 on: June 18, 2010, 13:29 »
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I just wanted to chime in and say that our rates are lower than others because we are approaching stock photography in a different way, as a result our rates must stay competitive. Since we are offering an unlimited download plan, customers will tend to download more often, which means a photographer's earning power will actually increase!

This is flawed thinking. All the significant subscription services rely on the fact that the average subscriber only downloads a fraction of their entitlement __ thought to be about 30-40%. The agencies would lose money otherwise as the commissions payable on 100% of download entitlement are invariably equal or greater than the cost of the subscription.

All you your plan is likely to achieve is to give you a competitive advantage over other agencies (by paying us less you could sell subscriptions cheaper) and, even worse, your plans would be an absolute gift to 'customers' such as HeroTurko and the like.

You have no chance of succeeding without the support of the major contributors and you have absolutely no chance of gaining that with a feeble offering such as this.

I don't know if a "flawed thinking" or a blatant attempt to pull the wool over our eyes....
No seriously... I do participate is sub programs and sites, like Shutterstock. I get paid 38c per sub download, and it does add up. But what Dreamstock offers me is a to pay me 1/4th of what I earn of Shutterstock for the same images. I mean, if you have a regular job with some company, and then another company approaches you and says: "Hey come on over work with us, it's gonna be great, we'll pay you a quarter of your salary for the same job! Who-hoo!" - wouldn't you consider them insane???
And yes, the argument of "more downloads" doesn't stand any ground. As gostwyck said, customers always buy less than they pay for, otherwise sub models wouldn't survive. The "unlimited" option will not change that fact. They'll still buy only what they need, and it doesn't matter if their plans are limited or not limited - they are not using it up even with the limited plans.
So we're back to the 1/4 of a salary that we're supposed to jump on. With the unpleasant consequence of people buying cheap unlimited subscriptions for peanuts and uploading our portfolios to other sites under their own names.
What an offer! How can anyone resist? ... ;)

« Reply #19 on: June 18, 2010, 13:58 »
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it is INSANE like you said!

Xalanx

« Reply #20 on: June 18, 2010, 14:37 »
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.....

Do you really underestimate THAT much our ability to think? Do you have any idea how many newcomers / low earners  came with same blah-blah "aggressive marketing" & stuff?
Surf around this forum and you'll be much more documented before coming with bold claims and expecting to be taken seriously. 10 cents / download - not even the guys that submit to Thinkstock will work with you.
As I said, take a look around here, you're obviously mistaking us for a bunch of naives.

« Reply #21 on: June 18, 2010, 16:11 »
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.....

Do you really underestimate THAT much our ability to think? Do you have any idea how many newcomers / low earners  came with same blah-blah "aggressive marketing" & stuff?
Surf around this forum and you'll be much more documented before coming with bold claims and expecting to be taken seriously. 10 cents / download - not even the guys that submit to Thinkstock will work with you.
As I said, take a look around here, you're obviously mistaking us for a bunch of naives.

eheh right!

« Reply #22 on: June 18, 2010, 16:23 »
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You are assuming the 10c rate per subscription download will stay this low forever, this is not the case. You may remember that Shutterstock raised their download payout from 20c to 25c in 2006 and increased this as years pass by. We will be doing the same.

Furthermore, some of you get paid 25-38c depending on how many downloads you achieve at Shutterstock and other similar stock sites, we will be introducing a similar program in the future. Is it worth noting that our subscription service permits only "Medium" image resolutions to be downloaded. Sites such as Shutterstock allow full size image downloads. We feel if customers want to purchase large image resolutions they should buy your images with credits ($4 an image with 50% commission going to you) and not pay just 25c-38c for a full size resolution.  ;D

« Reply #23 on: June 18, 2010, 16:33 »
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You are assuming the 10c rate per subscription download will stay this low forever, this is not the case. You may remember that Shutterstock raised their download payout from 20c to 25c in 2006 and increased this as years pass by. We will be doing the same.

That statement totally contradicts the 'business reason' you gave in your first post. I don't understand why you added a smiley above either __ unless Dreamstock is supposed to be a joke. You are clearly wasting both your time and ours.

Xalanx

« Reply #24 on: June 18, 2010, 16:51 »
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You are assuming the 10c rate per subscription download will stay this low forever, this is not the case. You may remember that Shutterstock raised their download payout from 20c to 25c in 2006 and increased this as years pass by. We will be doing the same.

You may remember that this is 2010 and not 2006. A lot of years passed by and microstock industry has changed accordingly. Shutterstock starts at 25c right now and something is telling me that you're not able to deliver the amount of sales that Shutterstock is providing.

Consider this simple math: MOST of the people here will NOT undersell their portfolio for 10c / piece, while they get a much better deal at SS.

I don't understand why you added a smiley above either __ unless Dreamstock is supposed to be a joke.
He's much like Achmed the dead terrorist: "I told a joke!", in this one.


 

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