Author Topic: Size of Licensing Market (Read 20645 times)

Sean Locke Photography · « **Reply #50 on:** October 20, 2013, 20:00 »

Quote from: Toms45 on October 20, 2013, 19:43

@cuppacoffee

I'm thinking of starting the company. I wanted to hear people's feedback. What do you think of the idea? It's not a get-rich scheme. It would be a long-term open platform for people to sell their work, and make a fair price.

Don't waste your time.

Toms45 · « **Reply #51 on:** October 20, 2013, 20:06 »

I don't understand. Why is everyone here so pessimistic about trying to do something innovative in this industry?

Is there anything innovative that can be done in this industry?

ShadySue · « **Reply #52 on:** October 20, 2013, 20:09 »

Symbiostock seems to be working well for those who are involved.
Otherwise, go ahead and do your own thing.

Sean Locke Photography · « **Reply #53 on:** October 20, 2013, 20:53 »

Quote from: Toms45 on October 20, 2013, 20:06

I don't understand. Why is everyone here so pessimistic about trying to do something innovative in this industry?

Is there anything innovative that can be done in this industry?

Maybe, but having a site anyone can upload anything to without controls isn't it. Besides, this obviously isn't something you're passionate about since you're just 'thinking about it'. People with more drive than that have failed.

noodle · « **Reply #54 on:** October 20, 2013, 20:59 »

Quote from: Toms45 on October 20, 2013, 19:43

It's not a get-rich scheme.

Thank God - the get rich slow scheme will have certain success!

Toms45 · « **Reply #55 on:** October 20, 2013, 21:13 »

I mean, maybe you guys are right. Still, when I look at a site like Fiickr, I see so much potential.

cthoman · « **Reply #56 on:** October 20, 2013, 21:30 »

Quote from: Toms45 on October 20, 2013, 20:06

I don't understand. Why is everyone here so pessimistic about trying to do something innovative in this industry?

Is there anything innovative that can be done in this industry?

I don't think you have to make anything innovative. You just have to make something that attracts contributors and offers something that buyers want. I know that is overly simple, but it seems incredibly complex at the same time.

Toms45 · « **Reply #57 on:** October 20, 2013, 21:41 »

You just have to make something that attracts contributors and offers something that buyers want.

This would seem to suggest something innovative...

cthoman · « **Reply #58 on:** October 20, 2013, 22:01 »

Quote from: Toms45 on October 20, 2013, 21:41

You just have to make something that attracts contributors and offers something that buyers want.

This would seem to suggest something innovative...

Not for me. Innovation would be actually creating something worthwhile. Sadly, I have trouble saying that about more than a few sites (and they are not the ones on the top of the list to the right). It's rare that I get interested in a new site because all the deals are so poor.

luissantos84 · « **Reply #59 on:** October 20, 2013, 23:22 »

Quote from: Toms45 on October 20, 2013, 21:41

You just have to make something that attracts contributors and offers something that buyers want.

This would seem to suggest something innovative...

pretty words are just pretty words, I recommend you less talk and more attitude, work it out and then show us, don't tell us Flickr and other have potential, you trying to see the size of the stock market? its BIG, guess that is all you need to know, you better ask yourself how much size you can/want to get? I love dreaming also but that doesn't pay the bills

BaldricksTrousers · « **Reply #60 on:** October 20, 2013, 23:30 »

It's exactly 10 years too late to start another microstock company. If you could have thought of it before Dreamstime and Canstock were launched in the summer of '04 you could have done very nicely indeed.

sharpshot · « **Reply #61 on:** October 21, 2013, 04:15 »

Quote from: Toms45 on October 20, 2013, 19:43

@cuppacoffee

I'm thinking of starting the company. I wanted to hear people's feedback. What do you think of the idea? It's not a get-rich scheme. It would be a long-term open platform for people to sell their work, and make a fair price.

I haven't had a rejection with Pond5 yet. They let me set my own prices. They sell lots of video clips but hardly any stills. Anyone can start their own symbiostock site and upload whatever they want and set their own prices. There's been several sites that have accepted everything I've uploaded, let me set my own prices and have sold very little or nothing at all.

So you want to start something that's already available? You need a lot more than that. Starting a site now is like burning money. Come up with some better ideas and you might be on to something but this doesn't look like it has a chance to me.

ShadySue · « **Reply #62 on:** October 21, 2013, 06:10 »

There are so many hurdles, and if you have zero stock experience you probably haven't a clue. Start with expert legal advice. That is, find a lawyer with international IP training. And another to advise on international trading (rules are different in different countries, and if you are trading internationally, you'd better know about that). I could go on all day.

What's your unique selling proposition: "Come here and buy the images no agency wanted". You could call your site Photographic Leftovers.

ShadySue · « **Reply #63 on:** October 21, 2013, 06:50 »

From what you've written above, you'd probably be surprised at the number of Flickr contributors who are producing excellent work there, who are not currently selling, and have made a positive decision not to offer work for sale. They're just not interested, for a variety of perfectly good reasons.

Toms45 · « **Reply #64 on:** October 21, 2013, 08:00 »

s BIG, guess that is all you need to know, you better ask yourself how much size you can/want to get?

Seems like there's a fair number of you here who think it's actually a good idea, just one that's hard to pull off and would take a long time to succeed, in a crowded space. If Dreamstime did it, it took them years, but they're fairly big now. I'm not sure why it's different now.

ShadySue · « **Reply #65 on:** October 21, 2013, 08:07 »

Quote from: Toms45 on October 21, 2013, 08:00

Seems like there's a fair number of you here who think it's actually a good idea,

Apart from those who already made the move to Symbiostock, I can't see why you'd think that.
What on earth is your USP?

Toms45 · « **Reply #66 on:** October 21, 2013, 08:21 »

Combination of social network and marketplace.

Sean Locke Photography · « **Reply #67 on:** October 21, 2013, 08:33 »

Quote from: ShadySue on October 21, 2013, 08:07

Quote from: Toms45 on October 21, 2013, 08:00
Seems like there's a fair number of you here who think it's actually a good idea,
Apart from those who already made the move to Symbiostock, I can't see why you'd think that.
What on earth is your USP?

Yeah, I must be reading another thread, lol.

loop · « **Reply #68 on:** October 21, 2013, 08:38 »

Quote from: Toms45 on October 21, 2013, 08:00

s BIG, guess that is all you need to know, you better ask yourself how much size you can/want to get?

Seems like there's a fair number of you here who think it's actually a good idea, just one that's hard to pull off and would take a long time to succeed, in a crowded space. If Dreamstime did it, it took them years, but they're fairly big now. I'm not sure why it's different now.

Well, now it seems that you don't know what are you talking about. It didn't take years to Dreamstime to suceed. It took weeks. Istock, shutterstock and dreamstime succeed very fast, it was a matter to be there at the right moment, that's all. Now it's years late.

Toms45 · « **Reply #69 on:** October 21, 2013, 08:54 »

USP: Social network + marketplace.

sharpshot · « **Reply #70 on:** October 21, 2013, 09:00 »

Quote from: Toms45 on October 21, 2013, 08:00

s BIG, guess that is all you need to know, you better ask yourself how much size you can/want to get?

Seems like there's a fair number of you here who think it's actually a good idea, just one that's hard to pull off and would take a long time to succeed, in a crowded space. If Dreamstime did it, it took them years, but they're fairly big now. I'm not sure why it's different now.

I don't know how many new sites have failed to make contributors any money in the past 5 years. It must be hundreds. Most of them didn't understand why they couldn't do it either. It seems blindingly obvious to me. I used to support every new site that came along but that was a big waste of time. Now they have to have something genuinely different to offer. Your idea has already failed for other sites, do some research on ClusterShot for one example.

Sean Locke Photography · « **Reply #71 on:** October 21, 2013, 09:02 »

Quote from: Toms45 on October 21, 2013, 08:54

USP: Social network + marketplace.

I don't even know what you mean in this context by "social network".

Toms45 · « **Reply #72 on:** October 21, 2013, 09:22 »

I mean, build something like Zoomr, that never came to fruition: http://rising.blackstar.com/an-interview-with-thomas-hawk.html

What every happened to that?

Ron · « **Reply #73 on:** October 21, 2013, 10:02 »

So you want to copy what is already out there but dont have the know how on how to best copy it. That means you also dont have a USP. Offering what is already out there and try and do it better then the establishment is almost impossible without millions of financial backing. Flickr has Yahoo, Instagram has Facebook, etc. Do you have financial backing?

Then, consider this, from Wiki:

Quote

The Verge reported in March 2013 that Flickr had a total of 87 million registered members and more than 3.5 million new images uploaded daily.[3] In August 2011 the site reported that it was hosting more than 6 billion images and this number continues to grow steadily according to reporting sources.

Yes there is great work on Flickr, but Flickr probably also has 5.99 billion holiday phonecam snapshots. If you want a high quality library with social network, take a look at 1X.com

Your idea is not unique, has stiff competition and needs a couple of million dollars to get it noticed. Unless it as a USP, but it doesnt.

Sean Locke Photography · « **Reply #74 on:** October 21, 2013, 10:15 »

Quote from: Toms45 on October 21, 2013, 09:22

I mean, build something like Zoomr, that never came to fruition: http://rising.blackstar.com/an-interview-with-thomas-hawk.html

What every happened to that?

Buyers aren't interested in socializing on a photo sharing site. They're looking to buy an image and get back to work.

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Author Topic: Size of Licensing Market (Read 20645 times)

Sean Locke Photography

Toms45

ShadySue

Sean Locke Photography

noodle

Toms45

cthoman

Toms45

cthoman

luissantos84

BaldricksTrousers

sharpshot

ShadySue

ShadySue

Toms45

ShadySue

Toms45

Sean Locke Photography

loop

Toms45

sharpshot

Sean Locke Photography

Toms45

Ron

Sean Locke Photography

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