Agency Based Discussion > Pond5
Pond 5 Sales Dropped Off
cobalt:
The problem with the 50 dollar cap is that it was NOT communicated to the artists, especially the people that just went exclusive and pulled their content from other places for pond5.
Suddenly their content became invisible in searches on the only agency they had files left.
Pond5 was probably one of the most trusted and contributor friendly agencies the industry had.
I have had fantastic experiences with pond5, their artist support staff is amazing.
But pulling stunts like these just makes no sense.
It comes across as extremly desperate and abrupt.
If pond5 sees no future above the 50 dollar file, then why should people go exclusive with them?
The reason to promote and support pond5 is that it is a plattform where artists can set their own prices.
If they wanted a fixed price and especially a low value price, they could have kept their content elsewhere.
Going exclusive then having your content removed from the searches...not funny...
I see loads of stuff missing in the video stock market, but if the price is pushed down so drastically and agencies believe the „proper“ price point is a few dollars, then there is no point in producing it, because the high volume sales are not there.
But pond5 should communicate clearly what they want to do, if they prefer the 50 dollar price point, then they should let people now so they can adjust their production.
No point investing in what you do, if pond5 believes the market for higher priced content is now dead.
georgep7:
If I may comment on pricing.
Yes an enterprise might pay 10000 or 20000 for a shooting and stock saves the day for peanuts.
ok.
but....
There is another thread in the forum, if stock got people other clients.
Here is a simple estimation of a video shooting with editing,
more than just slight cropping, grading etc.
Guess we have all done this at least once.
Weddings. Let's name a price. 1000 Euros
too little? let's ask 2000 Euros
Let's count the MINIMUM discarded clips of a single main shooter.
No second operator, no third camera, no drone shots.
grooms preparation friends & house 10-20 clips
bride's preparation friends and house 20-30 clips
kids, parents, relatives, decoration 10-20 clips
place of wedding or church, decoration and guests 20-30 clips
ceremony itself 20-30 clips
after wedding party 10-20 clips
EDIT: No nextday or studio shots
People involved in weddings know very well that this clip count is actually faulty and really poor.
Anyway we got 90 to 150 clips.
For a 2000Euros price, this translates to 22.23 down to 13.34 Euros per clip.
Including post processing, licensing music and distribition on physical or digital media.
For a unique event shot for one client once in a lifetime and with the risk to lose critical frames.
Still a newbie but, yup! I love stock. It actually pay less in total but still better that weddings...
gnirtS:
This may explain my sudden drop.
Generally on average $250 - $300 a month from the 15th to 15th billing period. Fairly consistently for a fair amount of time. Not much but it all helps.
Suddenly this paying period instead of that average ive made a grand total of 1 sale for a massive $2.80. Combined with that my views have dropped significantly literally overnight.
Maybe its a coincidence but quite possibly the cap is hitting me. I had no idea there was a trial cap until i saw this thread (and had no idea P5 had a forum).
Visualab:
--- Quote from: georgep7 on August 05, 2019, 03:39 ---If I may comment on pricing.
Yes an enterprise might pay 10000 or 20000 for a shooting and stock saves the day for peanuts.
ok.
but....
There is another thread in the forum, if stock got people other clients.
Here is a simple estimation of a video shooting with editing,
more than just slight cropping, grading etc.
Guess we have all done this at least once.
Weddings. Let's name a price. 1000 Euros
too little? let's ask 2000 Euros
Let's count the MINIMUM discarded clips of a single main shooter.
No second operator, no third camera, no drone shots.
grooms preparation friends & house 10-20 clips
bride's preparation friends and house 20-30 clips
kids, parents, relatives, decoration 10-20 clips
place of wedding or church, decoration and guests 20-30 clips
ceremony itself 20-30 clips
after wedding party 10-20 clips
EDIT: No nextday or studio shots
People involved in weddings know very well that this clip count is actually faulty and really poor.
Anyway we got 90 to 150 clips.
For a 2000Euros price, this translates to 22.23 down to 13.34 Euros per clip.
Including post processing, licensing music and distribition on physical or digital media.
For a unique event shot for one client once in a lifetime and with the risk to lose critical frames.
Still a newbie but, yup! I love stock. It actually pay less in total but still better that weddings...
--- End quote ---
So what's the point?? because shooting wedding is badly paid it doesn't mean with have to bring stock at the same level....
your point has no sense to me...
georgep7:
@VisualLab, I respect your opinion. I just want to clarify that I didn't said in any way that wedding or event videography in general is bad paying.
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