Agency Based Discussion > Pond5
Pond 5 Sales & Discounting
Milleflore:
Today I sold 3 clips on P5, and 2 of them were discounted by over 50%. I checked and none of those clips are available as subscriptions when you filter as Subscriptions in the search under Collections. So I am assuming it cannot be that.
I know that P5 reserves the right to lower pricing for non-exclusive contributors if they believe its too high for that type of asset, but when I checked the listed price they are listed as $57.00, not $26.00. See below.
I am interested in what other P5 contributors are experiencing with their sales there, after the SS takeover, plus it might be a good opportunity to collect some collective info here. Plus any thoughts.
Stockmaan:
I say goodbye to them.
Evaristo tenscadisto:
--- Quote from: Annie on July 18, 2022, 01:18 ---Today I sold 3 clips on P5, and 2 of them were discounted by over 50%. I checked and none of those clips are available as subscriptions when you filter as Subscriptions in the search under Collections. So I am assuming it cannot be that.
I know that P5 reserves the right to lower pricing for non-exclusive contributors if they believe its too high for that type of asset, but when I checked the listed price they are listed as $57.00, not $26.00.
--- End quote ---
Hi Annie, maybe it could be other thing....
if your content is being sold in other marketplace by less P5 will match same price. This was introduced by p5 in 2018/2019 contributor agreement. However they change a little bit lately (some months before the SSTK merge).
If you go to section 3. Pricing and Your Share of Net License Revenue, article v in contributor Agreement (link : https://www.pond5.com/legal/contributor)
"notwithstanding anything to the contrary provided in this Section 3.a., you shall not set the price for an item of Content that is higher than the lowest price for which the same (or substantially the same) Content item is offered by or on any other media marketplace, agency or other redistribution arrangement (each an "Other Marketplace"), and if we discover that the Content item is offered at a lower price by or on any Other Marketplace, we may lower the price in our marketplace to match or beat that price."
Milleflore:
--- Quote from: Evaristo tenscadisto on July 18, 2022, 04:39 ---
--- Quote from: Annie on July 18, 2022, 01:18 ---Today I sold 3 clips on P5, and 2 of them were discounted by over 50%. I checked and none of those clips are available as subscriptions when you filter as Subscriptions in the search under Collections. So I am assuming it cannot be that.
I know that P5 reserves the right to lower pricing for non-exclusive contributors if they believe its too high for that type of asset, but when I checked the listed price they are listed as $57.00, not $26.00.
--- End quote ---
Hi Annie, maybe it could be other thing....
if your content is being sold in other marketplace by less P5 will match same price. This was introduced by p5 in 2018/2019 contributor agreement. However they change a little bit lately (some months before the SSTK merge).
If you go to section 3. Pricing and Your Share of Net License Revenue, article v in contributor Agreement (link : https://www.pond5.com/legal/contributor)
"notwithstanding anything to the contrary provided in this Section 3.a., you shall not set the price for an item of Content that is higher than the lowest price for which the same (or substantially the same) Content item is offered by or on any other media marketplace, agency or other redistribution arrangement (each an "Other Marketplace"), and if we discover that the Content item is offered at a lower price by or on any Other Marketplace, we may lower the price in our marketplace to match or beat that price."
--- End quote ---
Thanks Evaristo.
I closed my footage port on SS a couple of weeks ago, so the only other place they are available is on AS.
blvdone:
It's not a discount when your "List Price" and "NLR' are the same price.
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