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High prices give even so called crap the perception of value and high prices sell.
Anyone else noticed a drying up of sales since P5's 20% commission grab? My SS sales are steady, P5 is struggling the past few months. Whatever they're doing with their extra commission, it doesn't seem to be increasing turnover.
Editorial perhaps might die for individuals at Pond5 after Reuters entrance. Their "expensive" videos actually offer multiclip sequences covering whole stories.
Quote from: pkphotos on September 12, 2019, 19:28Anyone else noticed a drying up of sales since P5's 20% commission grab? My SS sales are steady, P5 is struggling the past few months. Whatever they're doing with their extra commission, it doesn't seem to be increasing turnover.Very much so. Still getting 2-3 image sales a month but the videos have been cut by 2/3. I would get 5-6 a month now at two if I'm lucky. But stock in general has tanked this year. August is the first month in years where I didn't make $2500 (I used to make mid $3k a month on MS). Had roughly $1700 in Aug. Very, very much drying up sales in MS.
They're having another town hall meeting on October 8th, might be a good time to see if they can address our concerns.
Quote from: stocker2011 on September 26, 2019, 14:48They're having another town hall meeting on October 8th, might be a good time to see if they can address our concerns.I suspect they will keep on with their agenda of lying to us, telling us conversions and sales went up due to the price search cap and other experiments and avoid all questions that actually matter. It really looks like the investors or other management have taken control of that company, it's not the same Pond5.They also appointed themselves as stewards of the marketplace....really?, and they are limited non-exlusive sellers to $79HD and $1794K but allowing Reuters to sell their content for $1100 per clip and Reuters is allowed to upload full sequences with interviews and audio all while we are only allowed one shot per clip with no audio.It's like when that new CEO took over and he raised the minimum prices we could sell HD and 4K at and said it was because we feel you should value your work and it turned out to be so we couldn't undercut their membership sales program.Everything they tell us that is supposed to be for the benefit of artists translates to the direct opposite including the exclusive program.They have a new admin in their forums now, he introduced himself, told us to keep it civil and already is in keeping with the pond5 tradition of conducting one way conversations, he refuses to answer multiple questions in the forum.Hard lesson learned here for me, NEVER put all or a majority of eggs in one basket, I wasn't exclusive but I should have been more diligent in uploading every frame of video I have to SS as well. Every company can change their rules and policies or ways of doing business at any time so never put off uploading to the other viable sites, now I am playing catch up with SS and it's an eternity even with a moderately fast internet connection.
My guess is that they lost a few big clients to other sites.
As business for me drops like a stone plus income cut due to the changes as pond5 I have looked at self hosting and direct selling and the server space and transfer and all the costs associated with a website and it's not viable.