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Messages - cobalt
3826
« on: April 09, 2014, 21:15 »
If they decided to move all the thinkstock customers back into istock it would be a huge boost for the exclusives. Many of them were never opted in to the pp program and their expensive work wasn't mirrored anyway.
So if they slowly shift customers back to istock and fully focus all marketing for subs and credit sales on it, this should bring a significant increase in revenue, especially for the exclusives.
I have never understood why they divided their marketing time, money and attention on so many different agencies that all compete with each other. The internet favors companies with one strong brand...the way the major competitor has been doing it...
3827
« on: April 09, 2014, 11:53 »
I dont understand their model release guidelines at all. They rejected all my files with the istock releases, saying there is something in the text they dont like. But if I used photoshop on the contract to edit out what they resent, they would accept them. But for me this is legally not possible. So I would have to go back to every model and sign new backdated releases just for dreamstime. Obviously I wont do that.
And going forward, it will be strange if they really want to accept files in 2014 with a model release from 2013. I dont think me or the models would really feel comfortable with that.
So people shots is not really what I will be sending there.
But for normal generic still life, I think it will be ok. But the low returns mean I am only uplaoding once a month instead of every week. I also cannot understand why they are ranked so high, but I hope it gets better in time.
3828
« on: April 09, 2014, 10:47 »
They take nearly all my files, but the returns are very low. It gets better though if your files are moving up into higher levels. So I guess Dreamstime is an agency where I will see the rewards in 3 or 4 years, not 18 months.
3829
« on: April 09, 2014, 04:47 »
But when your files are sold for 30 dollars and you only receive 30 cents, do you think this is cool too? http://www.microstockgroup.com/depositphotos/the-german-shotshop-reseller-of-depositphotos/The problem with the 50 dollar payment is that your files must stay online for at least a year. So if you change your mind you cannot deactivate them. This is why I didnt take up the free offer and now I am glad I have the freedom to decide what stays and what needs to be deactivated until this issue is solved. I have written to them again asking for a written confirmation that all my files have been removed from partners and resellers, but so far no reply. I also havent seen a general "Opt out" from distribution button, the way dreamstime or other agencies offer it. I love the keywording service deposit provides, but unless they become transparent and reliable, they will have a hard time attracting high quality content. They also dont have dedicated staff for msg the way other agencies do. It is a pity, they could have become a serious player if they wanted to. Having keyworded content is a huge advantage over all the other micros. ETA: I just got an email confirming my files have been removed and my spot checks so far seem to confirm this. I will keep checking on a regular basis and see what happens. I still think the site has a lot of potential, but winning trust back will not be easy. The community is very nervous, we have had so many things happen in the last two years.
3830
« on: April 04, 2014, 01:45 »
Looks like the subs package is especially attractive for customers who used to buy the large credit packs. And their sales team will certainly offer an attractive combo and throw in 1000 credits in case the customer still needs to buy a few Vetta files.
Is it enough to attract customers from SS?
I really don't know. SS has a very, very simple layout, the site is ultrafast, the quality hasn't changed and there are few surprises over the years for the customer. For all "normal" needs I am not sure it would be worth switching. And if you look at S and S+ content I am not sure it looks more interesting than SS. There are many simple objects on white etc...these collections are very obviously not edited or "handpicked". The customers are not stupid.
In principle having a site with different levels of quality and prices is a good idea. But it really has to be a visible difference.
And if subs is mostly bought by established istock customers, there will be even more exclusives leaving and their good quality content with files in top positions (if sorted by sales) will drop into main. So the quality of main will be increasing, making it even harder for the remaining exclusives to stand out.
And then of course you have more and more smaller independent production teams sending in content.
I think for a system like this to really work, real editors that comb through the collections and bring together the best files from different styles would make a huge difference. To just create the illusion of being handpicked when it obviously isn't, won't give the customer an advantage.
3831
« on: April 03, 2014, 07:06 »
Then probably the costs for cameras,software, computer will be a major part of your production costs. But you can probably book models and stylists at very affordable prices.
Maybe for you 3-4000 images would be enough, I dont know. But the main problem with stock is the risk of having very drastic income drops because of best match changes. So even if 2000 files might be enough to cover basic cost I would still try to have significantly more files online before you quit your day job.
On istock I have 3600 images and sometimes I earn less than 200 dollars with them. The lowest so far was 132 dollars. And many of my files have very good positions in the search engines, because they are older files with thousands of downloads.
3832
« on: April 03, 2014, 05:16 »
Although it of course depends where you live and how much money you need, most people I know have at least 6000 -9000 files to be able to make a "living wage".
The agencies receive 200 000 new files every week. So you need to have a good quality portfolio with many files in good search positions to have a reliable income stream. With a few hundred images your income is extremely vulnerable to changes in the agency search engines. Your bestsellers might drop dead very abruptly and then how will you live?
3833
« on: April 02, 2014, 02:53 »
March was 41% better than February. Lots of Easter but also many, many Christmas sales. Shutterstock had a strong increase, nearly 100% more than last month and four times more than Fotolia. Dreamstime was disappointing, pond5 had a very good month and more photo sales. First month without a sale on stocksy, but I only have 55 images there and last month was good.
Good month for video, but all my video sales are from pond5 and SS. I havent sold a video in months on Fotolia and no new video sales on Dreamstime.Pond5 anyway pays out 50% so they will always be my first agency for video. I am very glad to see an increase in photo sales there, I sincerely hope they become a major photo seller as well.
Just one sale on Mostphotos, but they make it all so easy, I will continue to upload there.
Overall I will be focussing on pond5, SS, Fotolia, istock and exclusive content goes to stocksy and Westend61. All the others will get files once a month or whenever I have time. I am no longer submitting to Alamy, but my files on westend61 should be going there through their distribution network.
3834
« on: April 01, 2014, 07:41 »
Shoot. Upload. Repeat.  Good luck!
3835
« on: March 25, 2014, 10:14 »
Congratulations! Enjoy the journey
3836
« on: March 25, 2014, 08:27 »
Well, then I hope what I was trying to say is more clear now?
3837
« on: March 25, 2014, 08:17 »
It all depends on the quality of the file.
I think everyone understand that if you want to offer files for 500 dollars you need to think of what the customer will need and be ready to pay for.
Is that really so confusing?
If you just walk around your town taking snapshots, they will probably not even be accepted at the macros. If you invest in good quality production with models,stylists etc...it will be different.
I think I also made a point of explaining that the macros reject a lot and that you cannot just"put your files there". That working with macros is a different experience to working with micros.
I am sure if you look at my posts again, you will find the passage.
3838
« on: March 25, 2014, 08:08 »
tickstock, dont you believe that people can produce niche subjects at different quality levels??
I can.
A simple niche can be normal generic stock done locally in your area. There will simply be a lot less other photographers competing with you.
There are many other options, but why should I explain them to you? Do your own research and make your own experiences what sells best between high volume, low volume, files that people pay 500 dollars for and files that can gain a good audience worldwide with low prices. Also the differences between what sells best at RM or RF.
But if you prefer to send everything without distinction to just one site, that is fine with me. You are the one determining how to make the most money from your images.
3839
« on: March 25, 2014, 06:50 »
I think SS has really good algorithms to help sort what customers like from what they are not interested in. My portfolio is still tiny with only 500 photos and 700 videos, but I am getting downloads every day - if I upload continuously. If I stop uploading regularly, my portfolio drops fast.
I also could imagine many buyers scan the regular uploads for new images in their fields, i.e. a designer for food magazines scanning the new uploads daily and they download quickly if they see something interesting.
The other question is: how many new images are being uploaded in your specific niche? I have some areas where I rarely see new content, while objects on white get thousands of new files a day.
So if you are specialised in something than you might only be competing with 30 new files a month.
3840
« on: March 24, 2014, 15:50 »
2. Shutterstock failed to split off content that should have been added to curated collections and priced at a premium. That has hurt the macro market.
I am confused. Havent you been a micro submitter for 10 years or something? Where has your sudden interest in the macro market come from? Do you even have files on the macro market?? Havent you complained that a change in best match abruptly cut your subs income by 50%? Last March? So what does macro have to do with it?? Or the rent SS pays...but I guess we no longer need to discuss that, do we... On the micros the customer has to spend hours sifting through millions of files to find macro content. The reason customers pay macro prices is for the service of an edited collection. There is no reason for SS to edit the content, they dont offer personalised macro services. Just like ebay doesnt sift through the products being offered. They are not Sothebys or Christies. It is a different business model. "By not curating the content from HCV contributors, shutterstock has made it much harder for companies like stocksy to charge fair prices because images of similar quality are available for very low prices and have sold in very high numbers. You can see those images in popular searches because in the end the buyers have served as on trend editors." When I look at the popular searches on SS I never see macro content on top. I see green grass, wood backgrounds and super smiling ber happy people yuri arcurs style. Maybe SS has macro content somewhere, but they are hiding it very well. SS - subs agency...generic content for the mass market...very little macro content and sorting by popular downloads will give you...high volume files...the most generic content available because it was chosen by thousands of customers. The customers are not trend editors. Editing is a very complex job that only few highly skilled people do really well. The "masses" cannot replace them. Editors set the trends that others follow, not the other way around. And that changed on IS when Bruce departed. Shutterstocks long term price undercutting and failure to split and curate HCV content into an something similar to its new offset, has been costly to the industry as a whole.
Shutterstock didnt destroy istock. They did that completely to themselves. It was the management that came after Bruce that ruined the company. Precisely because SS didnt change much, you can see how bad the Getty management handled the takeover. Nothing substantial changed between 2009 and 2012. The internet is still there, masses of files are still being uploaded, SS diidmt even change much in their prices...so why did istock nosedive? Because of there own bad decisions, Accumulation of 2 billion dollars in debts and lack of investment in their business to please their owners with spectacular bonuses. Flip Flopping half baked strategies every 6 months. Never thinking it through. Never planning longterm. Just experimenting with the business in the hope something will stick. Treating it more like a game than a real business. SS is not responsible for that. Is not splitting the content on SS in your opinion the reason istock lost their market leadership position?? You dont really believe that, do you?? This kind of "lets blame SS for everything" instead of using your brain and admitting that istock destroyed their own market leadership really reminds me of a lot of nonsense I kept hearing on istock. Always looking for someone "outside" they could blame. Always elsewhere, not owning up to your own mistakes and refusing to take responsibility. What do you care about istock and Getty anyway? Or the macro market? Do you even have high quality content suitable for edited collections? I mean you complained that SS was rejecting more of your content and you had trouble keeping up with their quality demands. If you think SS is demanding, how on earth will you get files into Getty or Offset? You complain in many threads you want a raise for your 38 cent downloads. Suddenly you say you want SS to price their files for 500 dollars and pay you 50% of that? I think the easiest solution for you is to remove all files from SS and just submit to the macros. Good luck. ETA: Ron was faster. Looks like we have a Getty fan here pretending to be a micro artist. With an invisible portfolio.
3841
« on: March 24, 2014, 13:30 »
The content on Offset and stocksy or Getty House is not high volume generic content.
Many of those files sell maybe once or twice a year, some of them might not find a buyer for several years. Very few files become regular bestsellers, but "regular" means it gets sold every quarter or every 6 weeks and not daily.
It is a different business model and involves a lot of personal interaction with the customer. They are not simple webshops.
They are also highly edited collections, the contributor does not simply have a "webshop" portfolio they can build in peace for themselves exploring any kind of subject matter they want.
Instead the editors give out very specific style guidelines and the contributors submit content in the hope it gets chosen. Like on getty the rejection rate can be very high. The macros sometimes just take 1 file from 10 you submit.
With practise you get more experience and your rejection rate goes down, but you have to accept that your content is part of an overall collection and only the editors see it all. Which is the way it has to be, the customers are paying the higher prices because they dont want to wade through millions of files.
stocksy is so successful not just because they have great artist, but because they have extremely talented editors who are familiar with the most current trends. They know how to take content that is being submitted from around the globe and very carefully select the best work that will create a unique style when you look at it all together.
It is a very difficult thing to do and stocksy does it extremely well.
The contributors who work for macros need to be very flexible to shoot new trends and also enjoy being inspired by style guides. It is a very different way of working than just submitting whatever you personally like for the micros.
Like I said before...different business model and different way of working entirely.
But you are an independent artist, so you can freely submit content to micros and macros.
But to expect a micro site like SS to transform into a macro site, it doest make any sense. That is why SS created Offset.
So if you are tired of shooting generic content and want to produce more high value stuff, then just go and submit to the macros and stocksy. Go and apply to Getty. Or Corbis, Masterfile....but Getty is still the biggest macro house, so I would try them if you dont have the experience.. stocksy and Offset are very young and still growing. In the macro world Getty is still King. For how long? No idea...
And maybe after doing that for a year, why dont you let us know if it is working for you? Maybe then sending generic content to a subs site where you just need to meet technical requirements but are free to shoot any style you like will be interesting again.
Personally I like both. I see the macros with their high value content as a great challenge to become a better artist and as inspiration.
But I also appreciate the freedom of building my own little webshops on the different micro sites. And moneywise, the constant income from microstock brings a lot of stability. Much better than selling images just a few times a year. But both macro and micro content are fun to shoot. Both bring in money.
Only you know where you will make more money. I have shown several traditional artist my income from my simple, generic portfolio on istock and they nearly cried. I made more money in 6 years than they made in 10 years as a Getty house contributor. Obviously Getty will also have some macro superstars, but apparently I was making more than the people I spoke with.
But it is just like selling software, some people create specialised software and price it at 2000 dollars. Others invest millions into a project that is sold for 99 cents for smartphones and make hundreds of millions in profit.
You have to make the same decisions with your content - what will earn you more money - high volume or high value with low volume??
3842
« on: March 24, 2014, 12:04 »
You still havent answered my question. How much of a raise do you want for your images? From 38 to 40 cents? 42?
At which subs royalty level are you able to produce successfully again?
You keep demanding a raise, please let us know how much.
And the high quality content that you are "no longer" sending to SS - which agency are you sending it to? Gettyimages? Offset? Alamy? Stocksy?
3843
« on: March 24, 2014, 05:32 »
Its a lot cheaper than going to Berlin...the potential audience is also quite small, I think. If millions of people would buy the videos they could probably make it cheaper.
It is up to you, but the workshops and discussions were great, sounds like a fair price.
3844
« on: March 23, 2014, 19:21 »
Nobody is forcing you to invest more in your production if you cannot make it work financially.
When Yuri realised his productions costs where not suitable for the subs market he made a deal with Getty and moved his content to a market suitable for the value. He could have also decided to scale down his production, work with a smaller team and keep things going steady on the micros. But he had other plans and it seems to work out for him.
Maybe going exclusive with istock or working directly with Getty House is a better choice for you. Have you considered that?
Nobody is against a raise, at any agency.But the 28 dollar or 120 dollar downloads are real money. So what is wrong with getting more of those? Or do you not get them?
What exacty do you want? 39 cents instead of 38? 40 cents? 42??
And what kind of new level do you want? 40 cents when you reach 50 000 dollars? 42 for 100 000? 60 cents for people who reach 1 million dollars??
At which level of subs payment will you be able to make it work again financially?
In a perfect world - what kind of sub payment do you want to receive??
3845
« on: March 23, 2014, 16:28 »
"And they are doing this in response to?  Even the wall street SSTK analyst can see why this has been happening. If the analyst can ask hard questions of SSTK when we have more invested; then why do we have such a hard time recognizing market cause and effect in action?" istock is not doing anything in response to SS. They could have grown Thinkstock to overtake SS if they had really wanted to. 35 million free files, no more 20% E+/P+ files you can choose yourself, no longer migrating istock exclusive content to getty, no RCs to be paid out for subs, subs royalties that are much lower for exclusives than what indies are paid for at any other sub site... What does any of that have to do with SS?? Or the rent SS pays? The indie artists have always known that if they supply SS or any other agency that has subscriptions, they have to produce content for high volume sales. But on istock the exclusive artist created content that was never designated for subs. However, they have no way of opting out of subs. Do you really believe opting content that is not specifically created for the subs market will be a successful move? That this will turn the fate of istock around and return them to being the market leader? All the independent artists and also all the regular Getty house artists make distinctions between content for high volume subs sites, and specialised content for midstock, macro or simply for higher prices. There is a reason we make that distinction. And SS obviously offered the customers the most attractive selection from the content uploaded, they found the perfect balance between price and content and service the customers expect. Getty is now throwing everything they have without any discrimination at the customer. They also accept any content to istock, no more quality control. Again...what has SS to do with these decisions istock makes?? They are just the scapegoat they like to blame, while they try out new "exciting" ideas every 6 months. But maybe they can convince investors and make a few more billions when Getty gets sold. But since they are probably not going to give us 20% of the sales price, we just have to focus on the agencies that show success in selling licenses - stocksy,offset,shutter stock,fotolia,pond5,symbiostock. And 4 of those are not racing to the bottom - they are either pushing for higher prices or allow you to set your own prices. So inspite of customers being able to buy files for 15 cents at some agencies, the last 12 months have shown a very interesting shift in the market for higher prices for quality content. If you believe your content should be sold for higher prices and not subs, just focus your energy on the agencies that offer that. Have you applied to stocksy or Offset? These agencies can totally protect your content from subs if that is what you really want. No free image viewer for unregistered users either. Or just push your symbiostock store. Hard work but all the rewards are yours. But none of the above is affected by the rent paid for offices in New York by any agency. And who knows - Getty has offices around the globe in all the expensive cities - maybe their combined costs are even higher? Maybe istock could afford to pay out RCs for subs if they closed their office in London. Isnt pond5 in New York as well? Maybe they could pay out 60% if they relocated....I just dont see the connection...
3846
« on: March 23, 2014, 14:55 »
Many agencies are offering files "from 15 cents" to customers, but still pay out a regular subs royalty to their artists. This is possible because the average customer never maximises their download option. This has been the case since subscription sites started, so I really dont understand what is new about that. It is an over 10 year old phenomenon.
Getty/istock are the ones that pay out 0.001 cent with their connect program, now offer 35 million expensive files for free and have just announced a subs program that is much lower than all the other sites.
They also kicked their exclusives badly, first they take away their option to send content to PP where they would have received 42-46 cents citing "we only want to offer our exclusive artists upstream options" but then they bring the subs to istock with a subs royalty that is even lower then what SS pays out for indie content.
And the exclusives never produced that content for the subs market. They have absolutely no choice.
So if you want to worry about low subs royalties, I would suggest we all return to the istock thread about subs. Because that is the place where everyones income will be dropping soon - for both exclusives and the indies.
If they aggressively market their subs program we are all guaranteed to lose money. And the exclusives will be hit hardest.
ETA: just talk to fotolia artist that are either fully exclusive or have exclusive content there and had those files opted out of subs. Ask them what happened when subs where introduced on all content and how it affected their income.
3847
« on: March 23, 2014, 10:10 »
The files I generate are worth more and I expect shutterstock to protect their value and operate the company in a manner which provides a fair living wage for those of us who have supported their success.
is this really the way that you see yourself? At their mercy? Like an employee? But why? You are not an exclusive artist. You can just deactivate the content you believe should get more money and send it to the agencies that pay out more. And then only upload content that is adequate for the returns at SS. Or put your energy into symbiostock to build something you truly control. Or work hard to find a niche that will sell well at macro agencies and send them there. I understand the anger of losing money with abrupt best match swings, but since you are not exclusive, isnt this where your business experience can shine by lessening your dependency on SS? It is up to you, but if I was as upset as you are with an agency, I would focus my energies where I believe my future is. What would interest me though is - which agency would you recommend to encourage? Pond5 maybe? stocksy? Bruce said they are taking another 500 artists this year, have you applied? They start accepting again in April. Or symbiostock? Or even within SS - what kind of content gets more of the 28 dollar or 100 dollar downloads than others? Can you identify trends and shoot for that instead of focussing on the 16 cents downloads (which so far I havent received, the lowest was always 25 or now 33 cents).
3848
« on: March 23, 2014, 04:00 »
Everyone is different. I enjoy visiting the countryside, but I would never want to live there. I am a city person. Stadtmensch
3849
« on: March 23, 2014, 02:52 »
SS has always been in New York. And inspite of the bad air they are trememdously successful. So either the location didn't hurt their success or is giving them an advantage over a place like istock, that is located in a tiny city compared to NY.
I am sorry, I really don't understand the problem. Why should they relocate to another city and force 300 (or 400?) employees and their families to move?
For me staying where the company was founded but moving into an upscale location that will increase brand awareness makes a lot of sense.
But if you don't approve of SS or the way they run their business, just focus your energies on other marketplaces. istock and Fotolia or Dreamstime. pond5?
Did you check if their offices have low rents and are located in cities you personally prefer?
If for you this is an important aspect and will influence your decisions where you uplpad, fair enough.
But for me this seems like a very positive business choice.
3850
« on: March 22, 2014, 19:12 »
Well, if you can get a clear reply from contributor relations that you can sell RF photos elsewhere....it will lead to a flood of images from artists that are now exclusive to istock and literally begging istock to allow exclusive images. It has been asked for many,many times and they have said again and again they are not going to do it.
But good luck.
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