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Author Topic: It's official, you are exclusive.  (Read 27509 times)

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« Reply #25 on: March 27, 2019, 10:05 »
+2
A matter of perspective. If you are on the inside, you just got a 20% increase and better price protection.

With the risk of losing it all in 5 years. Even 1,50 sales. Because P5 will follow the market. With or without exclusive collection. Isn't it?

That's an assumption. You don't know how significant the X collection will be, how many "Arcurs and Andres" types will be involved. Add to that all the clip exclusives that Getty didn't have and the fact that Pond5 IS NOT iStock/Getty. That's important to understand. They are optimists with a plan, others are clearly a pessimists counting the days to the end.


swisschocolate

« Reply #26 on: March 27, 2019, 10:09 »
0
Sorry, I'm too pesimistic, but the fact that P5 is not iStock/Getty makes things even worse in my opinion.

And I think P5 are business people first of all. And they are optimistic with a plan about their own revenue which has nothing to do with every individual exclusive account on their website.

Btw, you don't know the deals which potentially have been made with "big players", their % and their positioning. It can be very different from an average exclusive.
« Last Edit: March 27, 2019, 10:19 by swisschocolate »

« Reply #27 on: March 27, 2019, 10:25 »
0
A matter of perspective. If you are on the inside, you just got a 20% increase and better price protection.

With the risk of losing it all in 5 years. Even 1,50 sales. Because P5 will follow the market. With or without exclusive collection. Isn't it?

It is really maybe the last chance to make "quick" money. But better save them all then. Because after it all fades, you won't come back that easily.
Your argument is that P5 will follow the market which will reduce sales to near zero therefore you should stay with the market and get to zero faster?  And if the market goes to zero what is there to come back to?  Your argument at best seems to support taking the "quick" money because it's all going collapse anyway. 

swisschocolate

« Reply #28 on: March 27, 2019, 10:31 »
+1
Your argument is that P5 will follow the market which will reduce sales to near zero therefore you should stay with the market and get to zero faster?  And if the market goes to zero what is there to come back to?  Your argument at best seems to support taking the "quick" money because it's all going collapse anyway.

To stay in the market and adapt and don't lose your positions on the largest marketplaces.

I was exclusive on IS for many years and I see how they still sell my images from 2010 today. Now it all crashed, but images still sell. Only on IS :D and nowhere else, because I didn't want "to sell my masterpieces for cheap! bla bla bla"

And now I'm here starting it all from zero.
« Last Edit: March 27, 2019, 10:34 by swisschocolate »

« Reply #29 on: March 27, 2019, 10:36 »
0
Your argument is that P5 will follow the market which will reduce sales to near zero therefore you should stay with the market and get to zero faster?  And if the market goes to zero what is there to come back to?  Your argument at best seems to support taking the "quick" money because it's all going collapse anyway.

To stay in the market and adapt and don't lose your positions on the largest marketplaces.

I was exclusive on IS for many years and I see how they still sell my images from 2010 today. Now it all crashed, but images still sell. Only on IS :D and nowhere else, because I didn't want "to sell my masterpieces for cheap! bla bla bla"

And now I'm here starting it all from zero.
So is your argument P5 will probably screw everyone over in the future so lets stay with the sites screwing us over now?  At least that way you don't lose search position.

swisschocolate

« Reply #30 on: March 27, 2019, 10:41 »
+2
So is your argument P5 will probably screw everyone over in the future so lets stay with the sites screwing us over now?  At least that way you don't lose search position.

No, go with a marketplace that will screw you over exclusively :D

Search positions mean sales. No search positions = no sales.
« Last Edit: March 27, 2019, 10:47 by swisschocolate »

« Reply #31 on: March 27, 2019, 10:55 »
0
So is your argument P5 will probably screw everyone over in the future so lets stay with the sites screwing us over now?  At least that way you don't lose search position.

No, go with a marketplace that will screw you over exclusively :D

Search positions mean sales. No search positions = no sales.
So then is the argument there is no race to the bottom the only risk for contributors is going exclusive?  Or is it there is a race to the bottom and there is nothing we can do about it, going exclusive will just lose you sales while changing nothing?
« Last Edit: March 27, 2019, 10:59 by tickstock »

swisschocolate

« Reply #32 on: March 27, 2019, 11:08 »
+1
So then is the argument there is no race to the bottom the only risk for contributors is going exclusive?

Time that took me to create 1 image in 2008, is the same as 100 images I create in 2019. My strategies completely changed in every aspect. And I see the results.
 
I'm sorry, even my mom, whom I showed microstock last year and who submits flower shots from her garden, has sales :D I can't imagine how it would be possible if here would be a total apocalypse.

I'm sure now that exclusivity is a massive scam in the long run, but when you diversify and work with many it works.
« Last Edit: March 27, 2019, 11:20 by swisschocolate »

swisschocolate

« Reply #33 on: March 27, 2019, 11:30 »
0
Or is it there is a race to the bottom and there is nothing we can do about it, going exclusive will just lose you sales while changing nothing?
Yes, even in the worst case scenario you will "win". At least some sales, at least for something.

Exclusivity will lead you to the same state as the market is. But only on 1 website. And if it goes out of business you will lose everything.
That's why I say that P5 is even worse than Getty. Getty won't dissapear completely, P5 can.
« Last Edit: March 27, 2019, 11:34 by swisschocolate »

« Reply #34 on: March 27, 2019, 11:35 »
0
Or is it there is a race to the bottom and there is nothing we can do about it, going exclusive will just lose you sales while changing nothing?
Yes, even in the worst case scenario you will "win". At least some sales, at least for something.

Exclusivity will lead you to the same state as the market is. But only on 1 website. And if it goes out of business you will lose everything.
I'd like to think my work is worth more than "at least something".   I can't imagine doing another job where they said at least we'll pay you something sometimes.

georgep7

« Reply #35 on: March 27, 2019, 11:40 »
0
Quote
Btw, you don't know the deals which potentially have been made with "big players", their % and their positioning. It can be very different from an average exclusive.

if we consider that Youtube the master video platform is a big player and wants ad making partners with content for their ads,
perhaps, yes, there is a possibility to have success before the "exclusive" videos pool is over flooded or clips criteria meet the Youtube Ad standards.
(Just a thought, no evidence or knowledge of whatever deal of any agency or YT).

Here are some links for reference, hope it is ok to put direct links:
https://www.youtube.com/yt/advertise/making-a-video-ad/

from the page above:

Promo.com provides access to over 14 million premium-quality video clips and photos, pre-edited licensed music, and a user-friendly editor.
(Access a high-quality video and photo library with over 14M HD visuals from Getty, Shutterstock, and more top providers.)
https://promo.com/?utm_source=partnership&utm_campaign=youtube

Low prices from bulk sales perhaps can be stalled if the content is presented as exclusive, no need to check around for lower prices.
If you remember in the stream of P5 although they sounded tv and film oriented they said that bulk buyers look around and find clips on lower prices?

Just a thought :)

swisschocolate

« Reply #36 on: March 27, 2019, 11:40 »
+1
I'd like to think my work is worth more than "at least something".   I can't imagine doing another job where they said at least we'll pay you something sometimes.

Stock photography/videography is not "the job". If you think you will have a "salary" being exclusive, you won't.
« Last Edit: March 27, 2019, 11:46 by swisschocolate »

swisschocolate

« Reply #37 on: March 27, 2019, 11:45 »
+2
if we consider that Youtube the master video platform is a big player and wants ad making partners with content for their ads,
perhaps, yes, there is a possibility to have success before the "exclusive" videos pool is over flooded or clips criteria meet the Youtube Ad standards.

I 100% agree that it will work for a few months or maybe even a couple of years. Then better save all those money. Because it will become over flooded or any other event occur and the question will be: What's then? :)

« Reply #38 on: March 27, 2019, 11:49 »
0
I'd like to think my work is worth more than "at least something".   I can't imagine doing another job where they said at least we'll pay you something sometimes.

Stock photography/videography is not "the job". If you think you will have a "salary" being exclusive, you won't.
I honestly don't understand what point you are trying to make here, it sounds like you think we shouldn't be getting paid at all.

swisschocolate

« Reply #39 on: March 27, 2019, 11:53 »
+1
I honestly don't understand what point you are trying to make here, it sounds like you think we shouldn't be getting paid at all.

No :) But it's better not to treat your works as "unique masterpieces" and start treat it all as a business.

In 2008 there were print magazines which were paying hundreds for an image and it was fair. Now they need images to post on twitter for a second, they aren't stupid to pay hundreds for it. But they need 100 images a day now instead of 1.

My point is to adapt and think how to make money in volume with penny sales, because there will be more of them with AR and VR and the growing internet. And if we're lucky, we will stay at 0,38 on SS :)

But selling them for the same high prices will become impossible, because those venues where those high-priced images were used no longer exist!

And video clients will also need a constant stream of video 24/7 online! If they will be buying 300 dollar/5 sec clips they will go out of business before us :D
« Last Edit: March 27, 2019, 12:08 by swisschocolate »

georgep7

« Reply #40 on: March 27, 2019, 12:14 »
+1
Quote
how to make money in volume with penny sales

Not a chance!
If videos go pennies I prefer to kill all my online library.
I do ordinary mediocre stuff, but not under a certain point of price.

Else, I would be at Pixabay begging for a Paypaled "cup of coffee".


swisschocolate

« Reply #41 on: March 27, 2019, 12:21 »
+2
Quote
how to make money in volume with penny sales

Not a chance!
If videos go pennies I prefer to kill all my online library.
I do ordinary mediocre stuff, but not under a certain point of price.

Then go to P5 and sell for 300 dollars :D

Have anyone heard success stories from Stocksy with the super unique quality high-priced stuff and how it sells? Could you share, please?
I'm very curious because I didn't hear a single one, I definitely missed something.
« Last Edit: March 27, 2019, 12:26 by swisschocolate »

« Reply #42 on: March 27, 2019, 12:31 »
+3
My point is to adapt and think how to make money in volume with penny sales, because there will be more of them with AR and VR and the growing internet. And if we're lucky, we will stay at 0,38 on SS :)
I see have completely embraced the race to the bottom.  We should be thankful for penny sales and grateful for whatever the agencies give us.  We have no control over the situation it's just lucky they still pay us.   I hope you really don't think that is a recipe for a successful business or will in any way be sustainable.

swisschocolate

« Reply #43 on: March 27, 2019, 12:55 »
+2
Exactly :) I will better finish my part at this point if it sounds like this.

I just have some experince in online business besides stock. And I have no idea how are you going to make high-price sales when an ad campaign lasts for 24h nowadays and the next day you should run a new one, with new visuals and new message.

The whole marketing structure and pace have changed.

georgep7

« Reply #44 on: March 27, 2019, 13:01 »
0
@Swisschocolate I am confused.
Are you talking ads using video in them?

swisschocolate

« Reply #45 on: March 27, 2019, 13:09 »
+3
I'm talking ads I was creating, yes. But my example is more about photos, because video isn't available for small-medium online business. It's beyond expensive to create regular (not just once in a while, but every single day as it required for online business) video content using stock, makes more sense to create custom then. (I'm talking here only from a stand point of small-mid online business owner).
« Last Edit: March 27, 2019, 13:12 by swisschocolate »

swisschocolate

« Reply #46 on: March 27, 2019, 13:16 »
0
.

« Reply #47 on: March 27, 2019, 13:52 »
+4
As a freelancer, being tied to P5 somewhat contradicts that. My income comes from multiple outlets including Shutterstock and AdobeStock. Never say never, but for now I think I will watch how thing develop.

« Reply #48 on: March 27, 2019, 15:38 »
0
As a freelancer, being tied to P5 somewhat contradicts that. My income comes from multiple outlets including Shutterstock and AdobeStock. Never say never, but for now I think I will watch how thing develop.
As an exclusive artist you could still call yourself a freelancer if that's important to you.  My understanding is that you can put some files on P5 exclusively and others nonexclusively.  Maybe you can be even more of freelancer by adding that option.

« Reply #49 on: March 27, 2019, 16:18 »
+2
There is one good reason to add additional exclusive content on pond5: the video market is at a very different stage than photos.

There is only around 10 million or so stock video files right now.

If enough high quality producers support exclusive content on pond5 and with a 60% royalty...then this might help to offstage a race to the bottom for quite a long time.

There are quite a few small agencies with exclusive content that are like private, walled off gardens, not open plattforms. However, they are too small to influence the overall industry, even if they can give their own member group a higher revenue.

But pond5 gives every producer the choice to add exclusive content.

Gettyimages has a lot of exclusive content from their house artists, in addition to the content from over 200 non exclusive partners. It does give them an advantage, at least in the photo market.

I do think if it is done right, this might be a real bonus for pond5.

But like I said, I believe it is also important to support several agencies to keep our options open.



 

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