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Messages - cthoman
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1826
« on: August 09, 2012, 16:15 »
I have been watching this evolution in publishing thinking how the h*ll did photographers allow this (our treatment by agents) go so wrong? Do we need Amazon to start a photo agency? Amazon and Kindle have changed the entire publishing industry and I feel sorry for the trads, but they were too scared/greedy/stubborn to adapt.
I wonder about that too. I think what the heck was I thinking when I started selling microstock? I guess hindsight is 20/20.
1827
« on: August 09, 2012, 13:09 »
first of all they pay taxes, a building with offices, clerks, security guards, parking lots, electricity, water, insurance, a data center or cloud provider to host the whole backend/frontend site etc etc
Those costs are easily spread out over all the contributors. When I left iStock, I joked that the person's salary I was paying would have to find a new job. It was a joke, but the money they were receiving from my sales was literally enough to pay someone's salary for a year. And, I'm a nobody when it comes to sales. If you are going to pay somebody that much money to be your agent, they should probably... well, be your agent, represent your interests and drive sales to your portfolio. I'd probably be better off hiring a single employee to make cold calls all day.
1828
« on: August 09, 2012, 11:39 »
i don't say it's hopeless, i say it's very hard, risky, and takes a long time and lots of money and skills.
because of the internet now everyone thinks it's easy to sell stuff online while actually it's even harder than with a brick and mortar store !
i'm personally trying to get my foot in the door of art galleries and it's a hard costly and sectarian business, and even if you ever make a sale the gallery will keep 50% of it as that's the going rate, but for newbies they could keep up to 80% of sale, take it or leave it, the demand is low, the buyers few, and you're not famous, what do you do ?
in plus, nowadays any other 13 yrs old punk shooting junk with his iPhone and Instagram thinks to be a fine art genius and you see people buying into this new trend along with stuff shot on Polaroid and other conceptual rubbish.
i mean here you have the top selling micro photographer telling us his own agency is making profits but he's not making a trillion $ out of it and he's got a whole marketing and sales team, if he can't why should we ?
I wouldn't say it is easy either, but the barrier to entry and path to a profit (I thought) was pretty low. A few months after I opened my store, I seriously wondered what these agencies were doing with their 80% of the share. They certainly didn't seem to be using it to bring in sales for me. My theory is that they waste it on staff that they probably don't need and ads that don't convert.
1829
« on: August 09, 2012, 10:59 »
even facebook, youtube, yahoo, zynga, are losing money or struggling to stay afloat, no matter if they have zillions of free users, paying users, huge advertising deals, sponsors, and whatever in between.
i never hear anybody here talking about how much is the cost to acquire a customer for instance. that would be a good start but no, only endless rants about greedy agencies.
what do you guys know exactly ? they can easily spend 10$ to acquire a client that buys 5$ in credits and later dumps them off to buy on cheaper agencies.
let me remind you if your images were so precious and unique they would sell like hotcaked on art galleries or at least on Getty and Corbis rather than for a pittance on micros.
SS might have its greedy plans but no one forces you to join them, it's up to you. considering they're the only agency left who's really delivering i've nothing against them eating up 80% of a sale that me alone could never possibly make on my own without a substantial and risky investment.
Maybe, you should try it before you decide it is hopeless.
1830
« on: August 09, 2012, 09:29 »
It was definitely eye opening when I opened my own store at how little the big guys were doing for me.
As far as the orphaned credits, I'm not sure I'd brag about that. While I like to make money, I don't really want to do it at the expense of the customer, and credits were always one of those issues that left a sour taste in my mouth as a buyer.
1831
« on: August 08, 2012, 16:04 »
Personally, I don't even see why exclusivity exist. If most of these agencies were actually offering good deals and sales, they would get plenty of exclusive content and destroy their competition just by being better.
1832
« on: August 08, 2012, 13:43 »
Even taking SS out of the equation, I'd still say that exclusivity at istock is a mistake. If SS closed up shop tomorrow, I still wouldn't opt for the crown. I can do better elsewhere, even without my SS income.
And here I thought I was the only one that thinks there is more to stock than just SS and IS.
1833
« on: August 08, 2012, 11:59 »
It would be fascinating to compare an indie vs exclusive from the start both with 250000 downloads to see who was the smarter person. One has made the wrong financial decision. The data is out there!
I know I'm not very good with word problems, but you lost me on what that would prove.
1834
« on: August 08, 2012, 10:37 »
Good luck.
1835
« on: August 07, 2012, 17:13 »
What are the current gradient trends? Is there a gradient monthly magazine I can subscribe to, so I can keep up to date?
1836
« on: August 06, 2012, 14:00 »
We all know IS would be better with sean running it. Bruce should have stepped back not sold and installed sean as ceo. It would have been ballgame.
Nah. He'd go mad with power. And do crazy things like make illustrators fight to the death against rabid badgers, have rejected artists carry him around on a giant golden cow, and other unspeakable horrors.
1837
« on: August 05, 2012, 18:39 »
Welcome and congrats on your degree! When I started uploading to microstock, I was passionate about photography and viewed it a wonderful creative outlet. Now, after 7 years doing this full time, it just feels like a job. I almost NEVER pick up a camera if I'm not working. Maybe it's different for illustrators...
It's a nonstop party on the illustration side. I just got a couple new #2 pencils, and I'm ready to rock! Seriously though, I still have fun doing this. I don't think I could do it if I didn't.
1838
« on: August 05, 2012, 14:17 »
It depends on your results. Some of the agencies in the low earners section aren't really low earners.
1839
« on: August 04, 2012, 17:25 »
I did get rid of a couple of sites in the past but I don't see the point unless most of us leave. The problem is, all the copycats stay with those sites and will get the money that would of been mine. It's only a small percentage of my portfolio that makes most of the money and many of those images have similar versions by other people.
It would be great to leave some sites but when you start, where do you stop? Is there much point in being independent and only using SS? I rely on the money from microstock, if it was a hobby, I would probably be exclusive with istock. Hopefully one day I wont be so reliant on my microstock income but it's going to take me a long time to get another income with the non-microstock sites. So I don't see much advantage in leaving site, unless they completely stop selling.
I guess I gave up on what everyone else is going to do a while ago, so I'm definitely not trying to lead a revolution. I'm just focused on trying to make my own situation better. It's hard to say if I'm accomplishing that or not because I don't know if I would be doing better with the sites that I eliminated. It's the whole you can't be in two places at once thing. I am trying to dial down on these sites cautiously, so that I can maintain a certain income level. I am doing that, so I guess it is working from that perspective. Everything else? Who knows?
1840
« on: August 04, 2012, 17:17 »
Way too early for me, but it seems fairly normal so far.
1841
« on: August 04, 2012, 10:52 »
Think SS will ever be on your chopping block? In terms of RPD, they've improved but are still on the low end. It's hard to imagine anyone cutting SS out of the picture.
I could see a day when that happens, although I'm sure I don't do anywhere close to as well at SS as you or some others do. I guess it really depends on how things progress at other sites. Whether or not they keep growing or hit a wall.
1842
« on: August 03, 2012, 16:19 »
I think you have totally misunderstood what PicturEngine does. It wont send buyers to the cheapest site but it is a nice money maker for the owners, if we sign up at $40 a month. I think it's fatally flawed because I just don't think buyers will want to sign up to all the sites that PicturEngine will search. So there's a real chance we wont get sales from it and will be down $40 a month. If there was a universal payment system for all of the sites that PicturEngine indexes, it could be a game changer but without that, how can it work?
Is a buyer really going to find 20 images on 20 sites and sign up to all of them? Or will they stick with one or two of the big sites that have huge collections? They might use PicturEngine occasionally but I'm not inclined to pay $440 a year for that.
The numbers seem to work pretty well for me. The minimum package is $10. That means they would only have to refer one sale a month for me to make my money back. That's a pretty low bar. As far as signing up for a bunch of different sites, my site doesn't have any mandatory signup features. So, people just pay for what they want. Unfortunately, PicturEngine doesn't currently support illustration or Ktools, so that rules me out. Hopefully, they get that fixed because I like the potential of the site.
1843
« on: August 03, 2012, 15:51 »
Neither crazy nor stupid
I do hope that your buyers find you and that the move works out - as we know, you don't have to have as many buyers when you aren't paying anything/as much to the agency. I no longer upload to 123rf but haven't yet pulled the plug (I think I'm going to hold on until the end of the year and see if they go through with their ill-advised commission changes).
I hope so too. I've kind of been running in place the last couple of years. I make progress, then I delete an agency and end up back where I was. All that trouble and I still have my great white whale in Shutterstock.
1844
« on: August 03, 2012, 14:22 »
In my on going attempt to move my stock image business to greener pastures, I deleted all my images at 123RF today. You can call me crazy or stupid, but it seemed like the right move to make. 123RF has an extremely low RPD, and sales have been picking up there.
I see them appear in a lot of searches, and I was worried that they were stealing away the walk in traffic to better paying sites. I'm sure it will cause a short term hit to my sales, but I'm hoping it was the best move for the long term picture.
1845
« on: August 02, 2012, 15:05 »
Lisafx,
I would have kept all that information secret. Its very revealing.
PS 
I did keep my secrets secret, but they got out anyway. There's always some douch_bag or other who can't wait to print every trick or secret in this business.
That's me.  But, I guess I don't think there are any real secrets. Like others already said, hard work, etc.
1846
« on: August 02, 2012, 13:31 »
[DELETED] Whoops. Old post. Anyway...
Yeah, I was reading through the FAQ. Sounds interesting and the prices seem reasonable. Do you have an ETA for when the site will go out of beta?
1847
« on: August 02, 2012, 10:42 »
I assume Google is just giving weight to the title, so images with the words cartoon cat in their title show up first. That seems like a pretty simple solution for some of these problems. I guess people could spam their titles too, but that is a little easier to catch.
1848
« on: August 02, 2012, 10:21 »
Interesting. I hadn't looked at IS's Best Match in a while. It seemed pretty awful. I did a search for "cartoon cat" because that has a lot of results. You would expect images that have a cartoon cat as the main subject. Honestly, I got better results in Google images doing this seacrh:
site:istockphoto.com cartoon cat
Shutterstock seemed to do better with the subject matter, but had too much of the same artist. Again, Google did a better job.
1849
« on: August 01, 2012, 18:46 »
Some of us tried to join Warmpics and were turned down without a view, because we didn't have big portfolios. So will the co op be the same? Only the chosen ones get in?
I would assume it depends on who starts it and who they want to partner with. If I started something like that, I probably wouldn't accept photos because I don't know anything about them. I probably would also start out small (maybe 5 artists), so I'd probably need them to have larger portfolios to build a decent size catalog. Then, I would grow my contributor base as my customer base grew larger.
1850
« on: August 01, 2012, 10:15 »
How about... if you submit SVG files to Fotolia, they get priced at 8 credits... or at least they used to. I haven't submitted there in a while.
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