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Messages - SpaceStockFootage

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1951
iStockPhoto.com / Re: Prices for 4K and UHD
« on: December 24, 2016, 01:08 »
I wanted to confirm that 4K was meant to be the same price as HD. I thought that was pretty clear, obviously not.

1952
iStockPhoto.com / Re: Prices for 4K and UHD
« on: December 23, 2016, 22:06 »
And people say VideoHive is bad... there you'd get $9 if you're non-exclusive, and $12.5 to $17.50 for a 4K sale!

Yes, Spacey, it is very bad because on P5, I get $37.5 for non-exclusive HD clips. Let me add: sometimes it is "low-hanging-fruit" type of clips.

Fruit is fruit, no matter where it hangs. I'd rather have some low hanging fruit rather than none... in conjunction with my mid and high hanging fruit. 

1953
iStockPhoto.com / Re: Prices for 4K and UHD
« on: December 23, 2016, 03:52 »
"Just like with shutterstock's collection: RPI has risen in 2016 compared to 2015, but the library grew much more. Which means a lot less money per asset. There's your example, very fresh and relevant. You'll need to produce more and more just to keep the same absolute level of income (which will actually be lower because of inflation), and think "maybe if we didn't offer our assets at peanut prices, I'd still be making good money".

That has nothing to do with what I'm talking about. The number of items in a site's library is always going to grow faster than the number of new customers, or the total spend per customer. More files + more buyers (but not as much of an increase as there is files) = more money for the stock site, but less money per file, or per author.

That's the same whether you're on VideoHive selling HD at $8, or whether you're on Artbeats selling HD at $199. It has nothing to do with uploading to iStock, or their attitude, their commission rate and/or their rejection policies. Mainly because you're on about Shutterstock, but even so... "the a lot less money per asset" isn't because the prices have decreased (I'm pretty sure it's been $79 for HD for quite some time on SS), it's because everyone is getting a slightly smaller slice of the pie. There's only so much pie to go around, and although that pie is gradually increasing year on year, there's considerably more mouths to feed.

That's inevitable for any stock site that's been around for a while, but it's unrelated to the price of files at iStock and the commission they pay. So yeah, still waiting on that example. 

 

1954
iStockPhoto.com / Re: Prices for 4K and UHD
« on: December 22, 2016, 07:33 »
These are all just theories though... do you have any examples of this actually happening?

1955
iStockPhoto.com / Re: Prices for 4K and UHD
« on: December 22, 2016, 06:52 »
How have iStock eroded the prices at other sites? Which sites, when, how much?

And why would I sell my clips directly for 30 cents? Environment sell for $8, so if I wanted to undercut everyone else then it would make more sense to sell them at $7 or even $6, not 30 cents.

And yes, $100 a month isn't much, but that adds up over a lot of other sites. Thankfully I earn about $2100 to $3700 a month from all the stock sites combined, excluding iStock, but I'd rather have an extra $100 a month than not.


1956
iStockPhoto.com / Re: Prices for 4K and UHD
« on: December 22, 2016, 05:44 »
Agreed. But as it's pretty rare that a site as large as iStock doesn't have sufficient choice so that the buyer has to go elsewhere... so it's probably more likely that if a buyer didn't stumble across my items on iStock, then they would have just bought something else from iStock instead.

Yes, it's possible they would have visited a different site instead (one where the prices are higher and the commissions are better), but who's to say they would have found my items there (different search engines), and who's to say they wouldn't go to a site that I don't have any stuff on. My point is that if I make 100 sales a year on iStock and I shut down my account, it doesn't mean I'm going to automatically get an extra 100 sales a year spread across my other accounts elsewhere. 

I've not been on there for that long, but I've made just over $1000. If what I'm saying above is accurate, then that's $1000 that I probably wouldn't have made if I didn't sell stuff there. My point is that if I make 100 sales a year on iStock and I shut down my account, it doesn't mean I'm going to automatically get an extra 100 sales a year spread across my other accounts elsewhere. 

Buyers like certain sites, and I'm sure that there's a bunch of buyers out there who think that iStock is perfect for their needs. And if iStock wants to keep p***ing off contributors to the point that they leave, then I'm happy to meet the needs of those buyers.

   

You're the epitome of https://www.wikiwand.com/en/Tragedy_of_the_commons

And I'll say it more directly: you, and the likes of you, are the reason the profitability (and value) of videos will decrease faster than it needs to. You won't like what I said and you'll continue doing what you already are, so actually no point in me writing this, but hey, whatever.

My reply was to the guy before you by the way. I don't agree with what you're saying at all. You're just parroting what a bunch of other people say, but it's all pretty much nonsense.

Nobody yet has been able to give any kind of structured example of how uploading to iStock, or Envato for that matter (that's when this tired old allrguement is usually dragged out), is unsustainable, or will cheapen the market, or will result in the end of the world as we know it.


1957
iStockPhoto.com / Re: Prices for 4K and UHD
« on: December 22, 2016, 05:32 »
I see what you're saying, but my landlord doesn't accept attitudes or percentages or approved files as payment. He accepts cold, hard cash... and if iStock want to give me cold, hard cash for my files on a monthly basis, then they are more than welcome to do so.

Dreamstime or 123RF might have better attitudes and commissions, for example, but they give me ten times less a year. 

1958
iStockPhoto.com / Re: Prices for 4K and UHD
« on: December 22, 2016, 00:19 »
Once you pop, you can't stop.

Don't be daft you don't have to sell video for such cheap rates.

By uploading to this outfit you just encourage them  :(

Agreed. But as it's pretty rare that a site as large as iStock doesn't have sufficient choice so that the buyer has to go elsewhere... so it's probably more likely that if a buyer didn't stumble across my items on iStock, then they would have just bought something else from iStock instead.

Yes, it's possible they would have visited a different site instead (one where the prices are higher and the commissions are better), but who's to say they would have found my items there (different search engines), and who's to say they wouldn't go to a site that I don't have any stuff on. My point is that if I make 100 sales a year on iStock and I shut down my account, it doesn't mean I'm going to automatically get an extra 100 sales a year spread across my other accounts elsewhere. 

I've not been on there for that long, but I've made just over $1000. If what I'm saying above is accurate, then that's $1000 that I probably wouldn't have made if I didn't sell stuff there. My point is that if I make 100 sales a year on iStock and I shut down my account, it doesn't mean I'm going to automatically get an extra 100 sales a year spread across my other accounts elsewhere. 

Buyers like certain sites, and I'm sure that there's a bunch of buyers out there who think that iStock is perfect for their needs. And if iStock wants to keep p***ing off contributors to the point that they leave, then I'm happy to meet the needs of those buyers.

     

1959
iStockPhoto.com / Re: Prices for 4K and UHD
« on: December 21, 2016, 03:29 »
Once you pop, you can't stop.

1960
iStockPhoto.com / Re: Prices for 4K and UHD
« on: December 20, 2016, 23:19 »
Oops, I should have looked into that :(

1961
iStockPhoto.com / Prices for 4K and UHD
« on: December 20, 2016, 19:47 »
So I see that you can now upload 4K and UHD using Quicktime Photo JPEG and I upload about 16 clips. They get approved today and I check out the prices... and they're 6 credits each, the same as my HD stuff. Is that right? They are UHD, rather than 4K so I'm not sure if that makes a difference?

So that's about $47 for 4K. 15% commision makes it about $7 per sale. And people say VideoHive is bad... there you'd get $9 if you're non-exclusive, and $12.5 to $17.50 for a 4K sale!

I guess the only upside is that if a buyer is torn between my file and somebody else's file.... they're more likely to go for mine if it's 4K and theirs is only HD... especially if it's the same price.


1962
Alamy.com / Re: Alamy 6th? Surely this is a joke..
« on: December 17, 2016, 22:14 »
So in 40 years you'll have made $1 per image?

1963
Shutterstock.com / Re: November and December Drop in sales
« on: December 17, 2016, 04:12 »
Absolutely!

1964
Shutterstock.com / Re: November and December Drop in sales
« on: December 17, 2016, 03:09 »
What LDV81 said... a lot of agencies are going from strength to strength, it's just that there are so many more people, uploading more and more files, so our slice of the pie gets smaller.

What was on that recent SS earnings report... 69% more files than last year? If you're starting out in stock then it's probably pretty easy to upload 69% more files in your second year than you did in your first, and maybe your third or fourth, but let's say you've been doing it for ten years and you've uploaded 1000 files a year. So in 2015 you have 10000 files. To match the 69% increase you're going to have to upload 6900 files in 2016. 11,600 in 2017. 19,700 in 2018 and so on and so forth.

Meanwhile, their sales went up about 20% from last year, so it's not like they'll be going anywhere anytime soon.

All I can advise is to keep on uploading more stuff than you did in the previous year, and make sure the stuff you upload this year is better than the stuff you uploaded last year. Otherwise, it's pretty inevitable that people's income will start to drop over time. Easier said than done, but hey ho.

1965
Shutterstock.com / Re: November and December Drop in sales
« on: December 15, 2016, 23:59 »
I got $170 in November which was my best month yet on SS, and I'm on $130 already for December. Maybe space stuff is popular at Christmas... snow, turkeys, mistletoe, spaceships, nebulae formation etc etc.

1966
I get two or three times more on SS.

1967
General Stock Discussion / Re: Your Single Best Day Ever
« on: December 15, 2016, 23:51 »
Probably around $300.

1968
Photo Critique / Re: what is my photo/portfolio worth?
« on: December 12, 2016, 08:32 »
At the risk of pointing out the obvious, have you considered dividing your $20 over the three weeks it took to make, and then multiplying it by 52 to get an estimated forecast for the year?

Sure, your rate of sales might increase and you'll make more, but it's impossible to say if it will decrease over time as well... it's a bit hard to say after only three weeks.

How long they will sell for is a bit of a tough one as well. Might depend on the content. A picture of somebody with the latest smartphone can quickly become a photo of somebody without the latest smartphone. Same with cars, fashion, changing skylines etc. Certain landscapes and stuff that doesn't really change over time, are likely to have more longevity.

1969
General Stock Discussion / Re: Hourly Rate for 2016
« on: December 11, 2016, 05:27 »
And you can't really calculate your earnings for a day as you probably won't have earned anything for that day yet... the income you do get is based on work you've completed previously, but it's still an interstices metric nevertheless.

I've seen people posting on here who have tens of thousands of files and they sell a couple of hundred dollars a month. There's nothing wrong with earning a couple of hundreds of dollars a month, but if you've put in thousands of hours of work to get to that point.... is it really worth it?

1970
Depends on the amount I guess. If you're earning hundreds or thousands a month then paying hundreds sounds very high. Sounds like PayPal would be better. If you're making tens of thousands then it sounds about right. I think the going rate is about 1.5% for currency conversion. I could be wrong.

1971
General Stock Discussion / Re: Hourly Rate for 2016
« on: December 10, 2016, 18:53 »
Well, it was $3400 total, but I only worked seven days at around three hours a day! So yeah, no retiring just yet... although I'm currently in Cambodia where you can live pretty comfortably on $1000 a month. Maybe I should retire. 

1972
General Stock Discussion / Re: Hourly Rate for 2016
« on: December 10, 2016, 18:41 »
Just ran the numbers to see what I make per hour (full time is 2,080 hours per year).   So taking $34,200 and divide by 2,080 hours comes out to $16.71 per hour.  Goal is $20 per hour next year  8)

I made $161 an hour in November. I didn't work many hours though!

1973
>:( >:( >:( SKRILL does not let people withdraw their USD to bank accounts.
They convert to EUR with their exorbitant currency rate then let you to withdraw to the bank account.
PLEASE SHUTTERSTOCK EITHER PAY OUR ROYALTIES IN EURO OR LET US USE PAYONEER!..

How exorbitant is it? Surely it's not that much more than it would be through your bank?

1974
General Stock Discussion / Re: Shutterstock Pay Day.
« on: December 08, 2016, 22:31 »
Not had it yet. I reckon today is the day. Although I'm in the far right of the world at the moment, so that means Friday!

1975
Shutterstock.com / Re: Goodbye Shutterstock
« on: December 07, 2016, 06:40 »
Q1 + Q2 2015

Earnings: 198.000.000 $
Download: 69.300.000
Items (June 2015): 57.200.000

Q1 + Q2 2016

Earnings: 240.000.000 $ (+21%)
Download: 84.200.000 (+21%)
Items (June 2015): 92.000.000 (+61%)

- Shutterstock Earning increase 21% in a year,
- Almost all contributors complaining about earning decrease,
- Where do you think the "increased earnings" are?

What sharpshot said, but just to go into a bit more detail... the 2015 figures result in averge earnings of $3.40 per item. The 2016 figures result in averge earnings of $2.60 per item. Small increase in total sales, but large increase in total files.

So that's a 15% drop on the average earnings, and it's not outside the realms of possibility that a similar kind of drop will happen year on year. However, as Shutterstock are making a 21% increase year on year... then for them it's happy days!

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