MicrostockGroup
Agency Based Discussion => Pond5 => Topic started by: helloitsme on April 15, 2016, 21:37
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I'm wondering if it's just me not getting sales report today.
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Not the only one, I think everyone. I received one today that seems to cover the last 4-5 days.
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Not the only one, I think everyone. I received one today that seems to cover the last 4-5 days.
I wondered if they are short on cash so that they avoid to report on April 15 because they have to put that amount in the payment on the 15th. They moved to a new headquarter office on Park Avenue I heard. Maybe their overhead increased due to change in management.
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Entirely possible. But it has happened pretty much every month for the last couple of years, never 5 days like this time, but usually 2 days.
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Some artists haven't had sales reports since beginning of March but in the P5 forums some are reporting they got sales reports last night.
I thought KnowYourOnions reported they are moving to new offices but the floor plans are much smaller so I don't think it's larger overhead or shortage of cash at least not yet but never know, doesn't take long to burn through $60 million dollars if revenue is down and expenses are high.
I'd love to know what the storage costs are for our photos and video, not just Pond 5 but in general it must be astronomical. I think that's one of the reasons many sites pay low commissions now....operating costs, storage, staff, offices, utilities, etc, advertising, it all adds up.
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I think they are supposed to report the first sales under the new scheme too this month so maybe that is delaying it this time.
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I think they are supposed to report the first sales under the new scheme too this month so maybe that is delaying it this time.
Ironically the income from that new scheme came through on time and all was good, just no sales since over a month now so who knows. Officially from customer support I was told "seasonal trends affect sales and spring and summer are traditionally slower periods". yes, summer is but no sales at all? I'm not believing it at least not yet.
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I got the sales report last night which is dated April 16th. Before that was April 11th.