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Messages - cobalt
3776
« on: May 08, 2014, 09:14 »
Sounds like good news. Should give some balance to the subscription sales from April.
Exclusives really deserve better treatment, so I am glad to see they are doing something.
3777
« on: May 08, 2014, 06:10 »
istock was a place were designers exchanged their own images for free. Then they cost a few cent and when I joined I remember a huge discussion if it is morally acceptable for istock to raise the price from 50 cents to one dollar per image. Many people complaining istock was going to ruin the small time single webdesigner. It was a huge and passionate discussion.
There have also always been places where you get 70% etc...but they never become big successful agencies because marketing costs a lot of money.
3778
« on: May 08, 2014, 05:58 »
Sri, I fully understand the feeling that you gave a huge amount of work into istock and then saw it all destroyed and slipping away. I also put endless hours into the project and was confident I was building something longterm for myself and other artists. But unlike you I came to the conclusion that Getty is to blame for what happened, because as long as Bruce was there, my business was going well. Most of all I dont understand why they decided to destroy istock the way they did, because it didnt even make any sense commercially. istock was the dominant and growing market force. Why did Getty decide to kill it off and hand all advantages to Shutterstock???
In hindsight, or if we could turn back the wheels of time, I am sure Bruce wouldnt make that mistake again. But initially istock also did benefit from the Getty takeover. Suddenly a huge network of international offices and a sales team with contacts to big industry became available to sell large istock credit packagaes. The Getty CV was introduced which made all our content easily avialbale in many languages, Vetta was introduced and mirrored to getty, giving high quality files exposure on the macro market. All istock exclusives who wanted one were offered a Getty contract. If you didnt go for it, your decisions. I was happy to get my House contract and really enjoyed getting directly into the macro world and learning about it. I dont think I would have had the chance to get in otherwise.
People keep forgetting that in the beginning the deal with getty also brought a lot of advantages.
And then...Bruce left, in 2009, he stayed for 3 years, which I think is fair enough...and then Getty "really" took over. And made a big mess of things.
Today we know the deal with Getty was a mistake. But I dont think it was so easy to see that in 2006.
But overall I do not regret having been exclusive to istock. I do not regret having met all those wonderful people. istock changed my life, this will never go away.
Today I have moved on, I am an indepedent artist working with many agencies. stocksy is one of them. Maybe in time it will become one of my biggest earners, maybe it will be one of two or three equally weighted income streams, I dont know. But it will certainly be a great place to be inspired and to meet interesting people.
However, I will always try to make sure that my income is spread over different agencies and different mediums. And of course this means I can never blame one single individual if my income goes down. I might have started out doing stock in a company run by Bruce, but the success of my stock business is entirely up to me. Always was.
3779
« on: May 07, 2014, 13:32 »
I get paid 50% from every sale. So if you add extended licenses etc... stocksy is definetly paying out more than 50% to their artists.
It certainly is a good offer. But you need to shoot what they need for their edited collection and cannot just upload everything like on the micros.
3780
« on: May 07, 2014, 13:01 »
I think 50% royalty plus 100% on extended licenses plus 90% of all coop profits paid out to artists is a very beautiful contract.
But you can never please them all...
3781
« on: May 07, 2014, 10:55 »
Congratulations stocksy! Well done!
Paying out 200 000 dollars a month a year after launch is incredible!
Thank you for all the hard work!
3782
« on: May 07, 2014, 02:46 »
That tells me that she should be able to replace 50% of her previous exclusive income by uploading all her images to one Indy site. And hopefully the other 50% can be made up from uploading all 3,600 images to Dreamstime, Fotolia, and 123RF.
Not if she uploaded only her top sellers. 80% of my sales come from about 20% of my photos.
This is where it gets interesting - my top sellers from istock are rarely top sellers on the new agencies. Dreamstime customers seem to like my traditional istock style most. On SS only two files that were regular sellers, but not my bestsellers made it into the current top 20. I did upload a mix of what I hope are very nice/useful files from what I usually do - mostly seasonal images, lots of objects on white and some people shots. People didnt sell that well for me on istock, but they sell very well on SS. But not so much on Fotolia. I have lots of people shots I never processed, because the series never took of on istock. So maybe now they can start a new life on SS. Hopefully all my files get their day in the sun by being spread over different agencies. I dont know if 3600 files will give me 50% of my old istock exclusive earnings just from SS. But if the exclusive income keeps dropping and I keep uploading slowly and steadily, then maybe yes, they will. Personally I believe that it is a combination of having your files in a good position in best match and your files in as many lightboxes as possible that give you the best steady income. Again a reason why I dont throw everything up in one week. It takes time to get noticed and bookmarked, so the steady weekly stream is necessary to keep attracting customers to my portfolio. But I would definetly recommend to focus on SS first from the micros. I neglected them for a long time, because I thought they sell only subs. They dont. Overall I think I will need around 3000 nice files (mix of old and new) to get close to my old exclusive income, keeping in mind that in 2012 my income was quite low because I had not been uploading regularly in a while. This will include video. For full time living I would probably need 6-8000 like everyone else. But I still do other things, so my old 2012 istock exclusive income is my current target. I will also be doing more lifestyle, because this is what is interesting for macro and what seems to sell best in my portfolio on SS.
3783
« on: May 06, 2014, 12:18 »
Surprisingly many of my old files from 2005 are doing very well. But it is other files than those that were bestsellers on istock. Some agencies sell people images much better than still life, others just seem to like my backgrounds, another agencies makes me most of the money with video...etc...
Older files have small sizes, because in the beginning I just had a 6MP camera. So that is the biggest problem with old files. But on the other hand I dont see that files with XL or XXXL sell more than those with 6 mp. Again, this might be different for other artist, this is just my personal experience.
So dont discount your old files, they might surprise you.
Obviously working with 6 or 8 different agencies, a mix of generic micro, stylish edited collections, macro and video is confusing, at least at the beginning. But I think I am getting there. Right now I just need results from Westend61, but because they have a mix of direct sales and distribution over their 200 partners, it will take a long time to get a proper feedback I can analyze.
I was also a very slow uploader on istock and getty. I spent a lot of time looking at the collection what is already there, what is missing, how can I do something new in a subject field that is full of images, where is a niche that is underrepresented. I know there are many people who are more talented than me, so I try to get ahead with detailed market research before I shoot. For me this has worked well and seems to be paying off now also.
I will never be a high volume producer. So I am sure it is possible to make much more money than me with higher uploading and production rates.
3784
« on: May 06, 2014, 11:52 »
And the week after that, what do you do tickstock? Or a month later, or a year later? When the best match of the different agencies favors files from other weeks,other months,other years?
In total I have over 5000 files on my hard drives (I still have tons of older stuff I never uploaded to istock). And I am still producing new work on a low level every month.
Again, I am not in a race to upload as many files as possible. I want to make as much money as possible in a reliable,steady way longterm. Uploading "everything everywhere" will not take me there. I need to understand the different agencies and what sells on their individual markets first. I also need to understand their individual yearly cycles and many other things. I also had to apply to stocksy and westend61, I needed to hear about imagebrief and try it, learn about the video sites etc...
With just 300-700 files (plus istock) I am earning 35-50% of what I had before. I think I am doing extremely well. I see enough people with larger portfolios than me earning less.
But to each his own. I am sure there are others who upload all their files in the first week and are happy with their results as well.
Maybe it is best to just ignore my path and focus on what Michael did. If you ever went indie, you would probably want to follow his path. But then, you will never go indie, so it doesnt really matter what we do anyway. the more exclusives leave, the less competition you will have.
3785
« on: May 06, 2014, 10:09 »
Anyway, everyone has to walk his or her path. And whatever you do, it is always hard work.
and that sums it up pretty correctly jasmine. it's always been hard work and always will be. that all said, i think microstock put a lot of people under the illusion that it was all a walk in the park.
Oh the party was fun!!! Thousands of dollars for green grass and blue skies...and now we are back to reality. But I still love this job and wouldnt want to do anything else.
3786
« on: May 06, 2014, 10:07 »
You forgot to mention the Microstock deal, the Getty Google deal, the new subs plan without RC credits on istock, the cancellation of choosing 20% for Getty, the unlimited flood of mediocre images coming in, the risk of getting kicked out with just 30 days notice if you are too vocal or ask too many questions, etc... etc  ...in short all sites, including istock and Getty have problems and dramas. Except maybe SS, the drama factor there seems to be very low. I understand that some people are reluctant to exchange the devil they know for many unknown other hounds of terror...but for me the freedom was worth it. Unless they all mess up at the same time, which I believe is unlikely, it is much easier for me to just focus on my work. Michael also mentioned that in his article, that upon going indie his stress level dropped remarkably. And for me stress blocks creativity. Again, if you prefer to be fully artist exclusive good for you. I certainly enjoyed being exclusive for many years. But from what I have learned and seen on all the new sites, I would never go artist exclusive again. Exclusive images, yes please. And if istock offered this as a third option, I would send them exclusive content as well. Just like for westend,stocksy or Fotolia.
3787
« on: May 06, 2014, 09:41 »
True, but how much of your new content is being moved to Getty? Is it still 20% of your new uploads that are getting into S+ and Vetta?
If it isnt, then what can you do? If your getty portfolio isnt being fed on a regular basis, then this income will drop over time,like on any other stock site.
If you really have good results with Getty and like working with them, then I think the artist that have a direct contract like shudderstock are at an advantage. At least they can keep feeding their macro portfolio whenever they want.
Anyway, everyone has to walk his or her path. And whatever you do, it is always hard work.
3788
« on: May 06, 2014, 09:34 »
But then maybe you should focus on Michaels results. He did it in 6 months. So I suppose, so can others.
3789
« on: May 06, 2014, 09:30 »
For persepective:
From February to March Shutterstock saw an upswing of 94%. So if it dropped by 57% from April to March, I am on par with February and overall on a continuing upwards trend. In March I also earned more on SS with around 700 files than I did with 3600 files on istock.
This month again SS is leading before istock, but it is still early for May.
If you have a small portfolio you will have wild swings, even more so when the earnings have a huge variance. It is just like having a portfolio on getty. One month you make several hundred dollars, the next month less than 5. But overall it balances out.
Again, my portfolios are small and I am not in a hurry. If you want to do it the fast way, have a look at what Michael did.
3790
« on: May 06, 2014, 02:22 »
Hi Craig, if you look around you will find many people reporting their story going indie. I think Michael was one of the fastest to have regained his full istock income, he did it in six months. But Michael was very well prepared and is in general an extremely well organized man and hard worker. You can find his blog here: http://www.michaeljayfoto.com/talking-numbers/same-earnings-non-exclusive-from-istockphoto/He was blogging his monthly income on a regular basis and just stopped doing that recently after proving he had reached his goals, so if you go back over that blog, youll get a good idea of what happened. I went indie after the Getty Google deal last year and also terminated my Getty House contract at the same time. But this doesnt mean I am not interested in macro as well as micro. I have been blogging in short comments on my facebook page about my journey, but my info is not as complete or interesting as what Michael did. I took a whole year to understand the market and didnt upload that much. So I only have betweenn 300 - 800 files on the new agencies. But I am glad that I took my time, because it helped me to understand what sells. I find that there are big differences in what kind of files become bestsellers, it is usually not the files that were bestsellers on istock. Overall you have to remember the world out there is not waiting for you or your content. The indies have tremendously good artist who have been building large portfolios for years and have top search positions for their files. Your portfolio is coming in new so you have to fight your way in. However, even with the small portfolio I have I am now overall at between 35% - 50% a month of my former exclusive earnings. This includes income from photos, videos and of course my indie income from 3600 files on istock. So for such small portfolios, I think I am doing quite well and I am very glad I went indie. You have a lot more balance. There can be wild differences in monthly earnings, especially on sites like SS that offer a mix of very low subs income and very high extended license incomes (80 dollars, 28 dollars etc...) but the mix of different sites balances it all out. I am also a member of stocksy and Westend61 and imagebrief, agencies that follow a higher price model. I also sell videos,mostly on pond5 and SS. The most difficult thing to learn is what kind of content will sell where - high price or low price, high volume site or specialist niche etc... The most important agencies for me are Shutterstock, stocksy, pond5,fotolia,dreamstime. On Westend I am too new to see results. And of course I still upload to istock. I am also uploading to many of the smaller players, but the agencies mentioned are the most important for me. If anything, I would recommend to upload very regularly to SS and maybe to bundle the uploads into larger batches,instead of uploading 2 images a day. And of course I would recommend applying to stocksy, if you are ready to work with an edited collection. Good luck with your journey. You are not alone, there will be many more people going indie this year.
3791
« on: May 04, 2014, 04:38 »
I agree, if you just look at subscription packages the DPC will share every dollar spent with the artist, while if a customer buys a 200 dollar monthly package at a normal subs agency they will only use a fraction of their possible downloads. So the majority of the money goes to the agency, the artists take no part in that. Any downloads not used cannot be transferred into the next month. They are lost for the artist.
If Fotolia had informed me in advance and given me the option to individually opt in files for 1 dollar sales, I would probably have added some files. But it would have been low sellers or lower quality files.
When istock started the Thinkstock program the exclusives were able to individually opt in files.
The problem with the 1 dollar club is that there is no upsell potential. 1 dollar unlimited (soon maybe some limits) is a high risk venture for me and threatens the files I am offering on Fotolia (and other agencies) for higher prices.
The worst part is to just take my content without informing me and throwing it into a new business model without consent.
3792
« on: May 03, 2014, 14:41 »
I don't know if it is commonly known, but there are a number of micro sites that will close your account if they find out you work for another agency.
I didn't know this until I was asked to be a reviewer at one site, and during my probationary period, I was contacted by several others who knew somehow that I was reviewing for this one site, and I was told that I would be thrown off some very lucrative sites if I continued "working for" this site I was reviewing for. It didn't even matter that I was an independent contractor and not an employee. I had to stop reviewing before the probationary period was up because I needed the micro income more.
Perhaps in the future it might be a good idea for agency employees who are also micro contributors to join under a different name, and get the agency badge from Leaf, but remain anonymous as to who they are as contributors.
Since I went indie I have been contacted by several agencies to work for them as either an image reviewer or community builder. I have always declined even if some projects sounded very interesting. I know that some agencies will consider you as "working for the enemy/competition" even if you are just checking releases and looking for sensor spots.
For me it is important to stay independent. If I ever was going to be on any agency payroll, I would probably withdraw my portfolio from others or at least I would contact them in advance to avoid misunderstandings.
Back on topic. what I think we have been seeing this year is more and more agencies using their apis to transfer our content to other sites where they set up new business models that we never agreed to. Deposit with their 30 dollar 30 cent api deals, getty who are building an advertising network on the back of very high quality contributor content for free and DPC that offers content that was sent to Fotolia in a new unlimited 1 dollar plan. If they had just opened a new agency and asked for content, they could only be offering the lower value files that the low value agencies are able to attract.
We really need to keep our networking skills very sharp and favor the agencies that communicate at eye level and run their business with longterm vision.
I wish Fotolia had invested their energy and money into improving their main site. There is a lot that can be done to make Fotolia itself more attractive.
3793
« on: May 03, 2014, 05:02 »
I expected a slower month and overall April was 14% down on March. The biggest disappointment was SS which had nearly the exact number of sales as the month before but 57% less royalties. I didnt get any of the higher 28/80 dollar etc...licenses and only sold one video. But with a solid month on pond5, an extended license on 123rf and more sales on dreamstime the result was a normal month.
Spreading the risk over several agencies really works very well.
3794
« on: May 03, 2014, 03:53 »
Apart from confidential information about royalty percentages in contracts I think a major difference in working with a macro distributor is that files that come in via blend,,spaces or westend61 can be ranked much higher in best match than the files of an individual artists.
And again, these placements and rankings will be confidential as well, but as an artist you can just do a search and see where files from a macro agency show up in a respective best match.
I understand that it is frustrating that I cannot see the actual contract, but by sending files and looking at the results, I can get an idea if the results are acceptable. And because I was directly with Getty before i can compare.
in addition you get the income from any direct sales made, which especially on extended licenses can be a huge sum.
I only have few files on westend and am still in the early stages of building my portfolio, but because they are the best known German macro house I am very confident that I will like the longterm results.
There will be a mix of direct sales, plus distribituion and my files can go to every player in the market - corbis, getty and also offset. If the agencies select my files of course, i don't think they take everything.
And then there is the more personal feedback when working with a small agency.
Not everyone can get into stocksy and maybe spaces will also take styles that wouldn't fit the stocksy style guide. For instance on westend they will also take people and objects on white.
So I think spacesimages is an interesting additional opportunity for artists who would like to try macro.
3795
« on: May 02, 2014, 19:12 »
I think it is great you are inviting people to try macro via spacesimages. There are not many agencies that openly invite new contributors and there are plenty that are still biased against contributors that supply microstock. So this is a good opportunity. The personal contact alone will be worth it. I am learning so much from discussions at stocksy or westend61. It can be difficult to decide what to send where, but if you get accepted at a high end agency you can always ask for feedback. Of course you will have to accept the selection process which is very different to the micros. But in time you learn what the agency likes and what they can sell. So thank you for coming here Jonathan. I hope you get many interesting enquiries.
3796
« on: May 02, 2014, 02:40 »
After reading here and other places and thinking about it, I have decided I will opt out my files from DPC.
In the end it comes down to one question: if this was a new agency that had invited me to supply them with files - would I submit content with the business model they are offering? No, I wouldn't.
I am uploading my files to Fotolia on the basis of what Fotolia offers as an agency: a good mix of subs and credit sales, an established business with a known track record.
If Fotolia had written to me that they are looking for content for new projects, asking me to include my portfolio and promising me a bonus or better ranking if I do, I probably would have seriously considered it. Alamy gives artists the option to include their files in Novel Use projects. That is upfront, honest and transparent. Everyone can decide wether they want to join.
Fotolia could have done the same and with a bonus payment on all earnings I am sure they would have received lots of content.
But to just go behind our backs and include all my files in a new business model without asking me....this is not right.
I won't delete files, but I will opt out and wait with new uploads until this issue is resolved in a sensible manner.
I hope all the agencies are reading here. Please think of a positive way to engage us if you want to go into a new direction. Don't just take our content without our consent.
We work hard for our files and we are the ones who decide the price points we want to offer files for, not you.
3797
« on: May 01, 2014, 06:17 »
Ive had nearly the exact same downloads as in March. Unfortunately no 28 or 80 dollar downloads and only one video sale. So although the downloads were fine, my royalties were down 57% for April. But since I am indie, my risk is spread and overall I am just down 14% compared to March. That is fine and normal for a month with a lot of holidays.
3798
« on: April 30, 2014, 16:30 »
I am very impressed with the strength and passion of the Russian language initiative. I understand if people are disappointed by the slower reaction here. But I think this might just reflect that Fotolia is not such a strong agency in the English speaking world. If you just make 20 dollars a month with Fotolia, you will not give it that much attention.
Fotolia is a very strong agency in Europe/Russia, but has little market share in North America.
The German fotolia board has a very frank discussion, and lots of respect for the initiative. Without the protest the changes announced in the last two days wouldnt have happened.
3799
« on: April 30, 2014, 15:26 »
I had a look at the site and offer. For a customer it is indeed a very interesting offer, reminds me of the early days of istock, the designers dirty little secret.
The one thing that is good is that the artists are indeed paid the full share of whatever the customer pays. All the money is translated into downloads, nothing is lost. This is indeed different to all regular subs packages where a large amount of the available downloads are never ever used and the money lands with the agency only. I have no idea how much on average is actually downloaded from a subs package.
One problem like many have pointed out is the unlimited license. If they are taking steps to change that, it is a step in the right direction. The next is extended licenses. Ok, Fotolia has very few extended licenses, but the 30 dollar offer /60% is a decent looking carrot.
The real problem is how many single image downloads will we loose, especially for full size images. And how will it change the balance in the overall market.
Although I am supplying several subs site, my real money doesnt come from subs. It comes from extended licenses, single image sales etc...
Very difficult decision. I am glad that Mat is coming here, but it is also obvious that without the looming boycott threat there wouldnt have been anyone reaching out to the community. Artists have been complaining about DPC for several months and were ignored.
So only now that real action is being threatened, they react.
I will suspend uploads for the time being and watch how the offer changes. If I dont like what comes, I will remove my files from DPC. I do appreciate that there is now an opt out. My portfolio is just 680 images right now.
If anything, this again should remind all agencies to take contributors concerns seriously at early stages and not ignore us or belittle the problem by hoping the silent majority approves of everything.
3800
« on: April 30, 2014, 14:46 »
That sounds great, I got the invite as well. Too far for me, but I wish I could be there!
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