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Author Topic: Is Being exclusive the way to go?  (Read 10824 times)

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« on: July 22, 2013, 09:02 »
0
Hi All,

 New to all this. Many Agencies give extra perks to contributors for submitting exclusively to them. I can understand the benefits to the agencies, but is that the right move for the contributor? Don't most in this industry submit to a variety of sites for greater exposure?
Thank you 


« Reply #1 on: July 22, 2013, 10:50 »
+5
"Never put all your eggs in one basket. If the basket is dropped, all is lost."

« Reply #2 on: July 22, 2013, 10:53 »
+4
that is why I don't shoot eggs, those suckers are slippery ;D

EmberMike

« Reply #3 on: July 22, 2013, 10:59 »
+4

Quote
Is Being exclusive the way to go?

Yes, if you don't like money.

BoBoBolinski

« Reply #4 on: July 22, 2013, 11:05 »
-3
"Yes, if you don't like money"

I think that would be a debateable point, and there are arguments to support both sides, however, at this late point in the game, if I were starting out again, I would definitely advise against exclusivity anywhere.

« Reply #5 on: July 22, 2013, 11:16 »
+2
debatable?

isuckphoto V.S. multiple agencies + your own personal site(s)?  :)

it's not even close..

« Reply #6 on: July 22, 2013, 11:17 »
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« Last Edit: May 12, 2014, 12:00 by Audi 5000 »

BoBoBolinski

« Reply #7 on: July 22, 2013, 11:42 »
-1
"it's not even close.."

I'm not sure how you would know that? The iStock exclusive earnings ratings look pretty good, people I know who have given up exclusivity report a big drop off in earnings ( I'm talking a fall of 65/75% or so), that takes a lot of making up submitting to multiple agencies. That is ignoring the chance to avoid the 'all your eggs in one basket' situation but there are arguments for and against that too. Hence it's debatable.

« Reply #8 on: July 22, 2013, 11:46 »
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But isnt that only true for the longterm exclusives with older files? Right now it seems people upload,upload,upload - with hardly any sales.

http://www.istockphoto.com/forum_messages.php?threadid=353233&messageid=6918228

So someone starting out now, I think they should take a good look at the whole industry first, dont you think? they cant really look at the established contributors from 2005-2008 and assume they will get the same returns.

And many agencies will take exclusive images, so you can get a balance with that. I wouldnt be surprised if istock follows the lead of fotolia in that. It is a very smart strategy to get local exclusive content.






« Reply #9 on: July 22, 2013, 11:47 »
+2
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« Last Edit: May 12, 2014, 12:00 by Audi 5000 »

BoBoBolinski

« Reply #10 on: July 22, 2013, 11:49 »
-1
"But isnt that only true for the longterm exclusives with older files?

It probably is, yes, certainly at the moment. That's why I said .........

"however, at this late point in the game, if I were starting out again, I would definitely advise against exclusivity anywhere."

ShadySue

  • There is a crack in everything
« Reply #11 on: July 22, 2013, 11:56 »
0
"But isnt that only true for the longterm exclusives with older files?

It probably is, yes, certainly at the moment. That's why I said .........

"however, at this late point in the game, if I were starting out again, I would definitely advise against exclusivity anywhere."
Agree totally, though it's moot. New files die so quickly that it would take forever for most newbies at iS to qualify for exclusivity, unless they had a really desirable narrow niche.

« Reply #12 on: July 22, 2013, 11:57 »
+2
"it's not even close.."

I'm not sure how you would know that? The iStock exclusive earnings ratings look pretty good, people I know who have given up exclusivity report a big drop off in earnings ( I'm talking a fall of 65/75% or so), that takes a lot of making up submitting to multiple agencies.
Yep, I think this is the most important thing.  Basically everyone that left exclusivity has reported losing a lot of money, some still say they are happier now even with less money.   For the most part most of the exclusives that left are being very quiet now I'm sure we would be hearing all about it if any of them were doing better now.

It doesn't necessarily work in reverse, though, because old-time exclusives have got an established position. There's no saying that newcomers' files will be as high in the search as those of people with an established sales record on a site, whether they are jumping into exclusivity or out of it.  I think it will always be an imponderable.

People just have to make their own best guess and go with it.

« Reply #13 on: July 22, 2013, 12:03 »
+1

Quote
Is Being exclusive the way to go?

Yes, if you don't like money.
Have you looked at the polls here?  It seems to me that you can contribute to 20 sites and make 68% of what exclusives are making, also exclusive poll numbers are kept lower than all the others (very few nonexclusives are making more than $2500/month on any one site while many exclusives are).

Personally, it never seem to add up to me to make the switch (except for those 8 or 9 months before they introduced RC credits). I'm glad I didn't go exclusive though. In hindsight, it would have worked out poorly.

« Reply #14 on: July 22, 2013, 12:06 »
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« Last Edit: May 12, 2014, 12:00 by Audi 5000 »

ShadySue

  • There is a crack in everything
« Reply #15 on: July 22, 2013, 12:07 »
0

Quote
Is Being exclusive the way to go?

Yes, if you don't like money.
Have you looked at the polls here?  It seems to me that you can contribute to 20 sites and make 68% of what exclusives are making, also exclusive poll numbers are kept lower than all the others (very few nonexclusives are making more than $2500/month on any one site while many exclusives are).
It's not accurate, as I keep saying. Those of us who are exclusive for RF but also post their Alamy RM earnings are counted as indies on the poll. (It wasn't me who negatived you, though.)

ShadySue

  • There is a crack in everything
« Reply #16 on: July 22, 2013, 12:08 »
+1
... don't forget that Yuri has just dropped all the other microstock sites (technically soon he will have, I think he has some more time to serve at DT).
But he seems in no hurry to drop his own site, which has some of the same pics he has at iS at a lower price.


« Reply #17 on: July 22, 2013, 12:15 »
-1
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« Last Edit: May 12, 2014, 12:00 by Audi 5000 »

« Reply #18 on: July 22, 2013, 12:17 »
+1
Everybody who gives up exclusivity is going to lose 80% immediatly of their istock income. There is absolutely no surprise there. It is also clear that the other agencies have not been waiting for us and it will take quite a while to get earnings back.

But seeing the returns that the independents have, I really dont think I will be earning less than if I had stayed exclusive with istock. And when I upload to the new agencies - my files sell!! That is a big advantage to uploading to istock and seeing files dissapear in a black hole.

No one denies that istock was very profitable in the past. It is the future that is doubtful, that is all. But maybe they can pull themselves out of their self created disaster, who knows.

So I prefer to upload to agencies that sell my files than to upload only to one agency and see them pile up without even getting any views.

And I am still sending files to istock as an independent. I have no problem there. I can supply content for any agency, risk and price point. With the new main collection prices, my portfolio is becoming more visible it seems and downloads are growing again.

BoBoBolinski

« Reply #19 on: July 22, 2013, 12:18 »
0
"But he seems in no hurry to drop his own site, which has some of the same pics he has at iS at a lower price"

Why would he, if he's allowed to operate that way? That has little to do with pro or anti exclusivity, just his business relationship with IS. He obviously deems it better to operate as an IS exclusive, however loose the term is in his case.

« Reply #20 on: July 22, 2013, 12:25 »
-1
So I prefer to upload to agencies that sell my files than to upload only to one agency and see them pile up without even getting any views.

And I am still sending files to istock as an independent.

I am very confused looking at these 2 sentences, aren't they somehow opposite? ::)

« Reply #21 on: July 22, 2013, 12:30 »
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The poll is not accurate when comparing exclusives to non exclusives because there is a huge discrepancy in average port size. Non exclusives have a much higher percentage of newer smaller portfolios which bring the earnings averages down. If you were to compare the numbers based on comparable port sizes I believe that there wouldn't be such a huge gap.

« Reply #22 on: July 22, 2013, 12:37 »
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« Last Edit: May 12, 2014, 11:59 by Audi 5000 »

EmberMike

« Reply #23 on: July 22, 2013, 12:50 »
+1
Have you looked at the polls here?  It seems to me that you can contribute to 20 sites and make 68% of what exclusives are making, also exclusive poll numbers are kept lower than all the others (very few nonexclusives are making more than $2500/month on any one site while many exclusives are).

I'm not going by the polls. I'm going by years of selling at istock and all of the other major companies and knowing that there is no way it would ever have been possible for me to even match my earnings by going exclusive, let alone exceed them.

I'm not sure how the poll numbers for exclusives are so high, but I do know I'd have tossed away a ton of money if I ever were exclusive. I don't care what the poll says. How do I know it's not a bunch of exclusives exaggerating their income?

Add to that the fact that the SS poll responses cap at $2500 which I think grossly underestimates what a lot of folks are actually earning there and the poll becomes less and less useful for getting any idea of which is better, exclusive of independent.

« Reply #24 on: July 22, 2013, 12:51 »
+1
The poll is not accurate when comparing exclusives to non exclusives because there is a huge discrepancy in average port size. Non exclusives have a much higher percentage of newer smaller portfolios which bring the earnings averages down. If you were to compare the numbers based on comparable port sizes I believe that there wouldn't be such a huge gap.
Maybe all those things are true but maybe not, I don't think anyone really knows.  I agree the poll could be more accurate but until then this is the only one we have.  The gap is quite large though almost no one contributes to all the sites in the poll so 68% of exclusive earnings is the upper limit of what the poll says, for most contributors it's probably closer to 50%.  I don't really know if other factors would bring it that much closer but my guess is they don't.
Yes, it seems that you are very quick to quote the poll when it works in promoting Istock exclusivity. However, you are very quick to point out logic flaws or minutia when someone brings up a valid argument against exclusivity. I believe if the polls were working against your argument you would be railing quite loudly about how you can't trust them and they are incorrect for any number of reasons. The polls do what they are supposed to -- compare sites versus each other where port size is actually factor. Once you throw out port size in this equation it becomes completely inaccurate. I know you know this and yet you continually use these numbers as a validation of exclusivity.


 

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