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Messages - aeonf

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401
iStockPhoto.com / Re: Soon to be rich...
« on: May 21, 2011, 05:35 »
I also got my lowest priced sell ever!
0.28$ XS as an exclusive at 25%

402
Computer Hardware / Re: New desktop - HELP
« on: May 18, 2011, 10:45 »
traveler1116: Wow thats quite a beast you got yourself there!

403
Helix: For starters I am not sure SS are the market leaders.   I am pretty sure they are not actually.
Secondly TS does have different compensation rates for exclusive and non exclusive contributors so exclusivity and subscriptions can live together.

404
^^^ I am affraid it is you who doesn't understand the business.
Stock essentially is a "lose leeder" product. all sites sell the same crap, and the one with the lowest price will get the customer, UNLESS you can differentiate your selve from others by some other added value, like EXCLUSIVE CONTENT and/or higher quality images (in perception at least).
I'm finding it very hard to understand what you are saying here.
Is it something to do with the economic concept of loss leaders. That's the closest I can get to from your "lose leeder" but that doesn't bear much in common with the text that follows (?)

Loss leaders are usually sold without a profit to draw customers into buying other products.

Point well taken (regarding Loss leaders), I stand corrected. The rest of what I have said still stands.

405
^^^ I am affraid it is you who doesn't understand the business.
Stock essentially is a "lose leeder" product. all sites sell the same crap, and the one with the lowest price will get the customer, UNLESS you can differentiate your selve from others by some other added value, like EXCLUSIVE CONTENT and/or higher quality images (in perception at least).

406
Or another option: stay exclusive with IS.

407
Computer Hardware / Re: New desktop - HELP
« on: May 17, 2011, 12:42 »
You probably don't need an upgrade actually.

What EXACT CPU do you have ?
What OS do you have installed ?
What exactly do you do with CS2 ? (I figure you are talking about PS only)

408
Site Related / Re: Confusing Poll Sales Stats
« on: May 15, 2011, 18:57 »
These is a reverse correlation between the messages you post at MSG and the money you make in MS, thats it.
And yes, Sean is an anomaly.
Add LisaFX to the anomaly list :)

409
FWIW in response to an earlier comment, I'm not a big Vetta or Agency contributor. E+ garners me good sales on a daily basis. I  don't think it's accurate to say that iStock only has room for V/A contributors these days. my experience suggests otherwise.

Same here , with 0 E+ files.

410
iStockPhoto.com / Re: P+ collection = end of istock
« on: May 13, 2011, 11:16 »
P+ is great for exclusives actually !

If I sell an apple for 2$ and you sell the same apple for 1$, then many people are going to buy your apple rather then mine because it is cheaper.  If both of our apples sell for the same price, well then buyers wouldn't really care whos apple they buy.

There is no sign P+ gets a best match boost, just like E+ doesn't.

411
I had one for 50$, so IS made 150$.

412
Good point you have (gosty & BT), but once you do hit this stagnation (lets say after 5 or 6 years doing this full time) I would assume that you have enough revenue to expand and hire some help, no ?  That's what Yuri does, and he does have 40K+ files in his portfolio.

As mentioned "help" and "expanding" bring high overhead costs that are not necessarily going to be "sustainable" or rewarded in terms of net income.  If you plan on making a spiral like that, you might as well drop out now.

I disagree. If I could hire a SJLOCKE for example and pay him 3K a month, I think that would be VERY sustainable.
Actually, that's exactly what did... I hired someone, gave him a 50% share and he does all of the work. all I do is blabber on MSG :)
So I don't have a boss, my partner (and friend) doesn't have a boss, and we are all very happy puppies (for now!)

Sue: as you knowin IS has upload limits, so your growth possibilities aren't infinite, it takes time to climb the "old" canisters.

413
Good point you have (gosty & BT), but once you do hit this stagnation (lets say after 5 or 6 years doing this full time) I would assume that you have enough revenue to expand and hire some help, no ?  That's what Yuri does, and he does have 40K+ files in his portfolio.

414
^^^
The only agenda is to make more money for themselves (nothing wrong with that) and on the way, you make some money too.
Since this is not a mandatory program, I don't see any down sides.

415
My calculations and bussiness plan are based on a 25% sales degredation (RPI) per year......  (20% isn't high growth).

25% + portfolio growth is unsustainable. Really, truly, mathematically unsustainable.

That depends on the size of your portfolio, no ? the bigger it is the harder it is for it to grow... (in percentage).

416
Don't know what your problem is. Sean himself says for quite a while now that his revenue is stagnating.  Am I wrong ???
Not that I wouldn't trade places with him any day...  Hell I'll settle for 15% of his revenue.

All I am saying (giving sean as an example) is that if your portfolio grew by 20% but your revenue stayed more or less the same, it is a safe assumption that if you grow your portfolio by 30% (for example) you CAN expect a rise in revenue. No need for a math degree for this.
If one wants to predict future revenue and hence RC's, you must ALSO take into account by how much your RPI will drop (and it willl) and how much your portfolio will grow, nothing more, nothing less.

And no, 20% for an exclusive doing MS as a full time job isn't that high IMO. Then again, its not just a numbers game.

Please don't take this personal anyone, these are only numbers and opinions.  I have great respect for Sean, and many other individuals not only becuase of how much $$ they make a month but because they are talented artists (which I might add, I am NOT!).

417
PicNiche Toolbar / Re: Firefox 4 + picNiche
« on: May 10, 2011, 09:13 »
A new (old) bug has returned.  When more then 1,000$ on IS has been accumulated, the right panel stops updating with sales (no sound either), the top bar does.  Pictures accepted keep updating OK.

There is a simple solution to this problem, cash out!!! Why let IS hold your money interest free, don't they take enough already.  ;)

I can only cash out twice a month, so for heavy MS'ers the balance can quite easily get over 1,000$. in my case I simply missed the cut-out day, so I missed one cash out, but soon enough I will be making more then 1,000$ every 2 weeks.  I know there are some people here who make these figures per DAY !

And BTW, the USD interest rate is near 0% so no interest is lost.

418
We expect to reach ~45,000 RC's WITH taking into account portfolio growth, which is 4.5 times of the RC's we had for 2010 .

Actually, my portfolio growth has allowed me to remain relatively in the same place, so the number is accurate.  Adding 2000 new images to IS last year kept March's number for $$$ the same, and downloads down %20.

Then the sales degradation (amortization of your portfolio )i s only a another variable to throw in to the equation. in your case for example if you would have added 30% more files I guess you could expect a increase in revenue.
My calculations and bussiness plan are based on a 25% sales degredation (RPI) per year. so far my RPI is VERY steady though so everything is going better then expected for us.

As said, the OP's methood is good for old and stagnating portfolios and NOT for high growth portfolios (20% isn't high growth).

419
The introduction of P+ images for independent contributors will undoubtedly have a positive effect on their RC totals by the end of the year and therefore targets may be adjusted accordingly.

Before we see the full effect of P+ images in boosting RC's, thereby distorting the year-to-date trend, it would interesting to hear how other contributors are doing so far in 2011, both independent and exclusive.

To project forward your RC total until the end of the year simply divide your RC total today (10th May) by 4.33 and then multiply by 12. Then divide the projected total RC's for 2011 by actual RC's for 2010 to work out whether you are up or down and by how much.

Obviously there may be some seasonal variation that will not be taken into account but for most contributors I doubt that it will make too much difference.

As it happens my own RC total for 2011 is projected to be 14% down on my total for 2010.

You are calculating this the wrong way, for the simple reason you are not taking into account GROWTH of you portfolio. This is especially relevant for people who upload regularly.

We expect to reach ~45,000 RC's WITH taking into account portfolio growth, which is 4.5 times of the RC's we had for 2010 .

420
Dreamstime.com / Re: Are the upload limits permanent?
« on: May 09, 2011, 12:35 »
I have stopped uploading as limit has started. I am a full-time Stocker. If I can't upload my monthly production of 300-400 images, it makes no sense for me. So I have more time for other agencys. And I have reactivated I-Stock. Perhaps the better way.
I think upload limits are not professional. The only thing that should be assessed is the quality of the images.

Doesn't iStock have upload limits?

They do, and very strict ones for that matter.
Upload limits are a good thing.

421
PicNiche Toolbar / Re: Firefox 4 + picNiche
« on: May 08, 2011, 01:49 »
A new (old) bug has returned.  When more then 1,000$ on IS has been accumulated, the right panel stops updating with sales (no sound either), the top bar does.  Pictures accepted keep updating OK.

422
iStockPhoto.com / Re: How has your May started out at IS?
« on: May 06, 2011, 03:02 »
A bit early but seems like an average month so far

423
Much respect for your bold move!
Please keep us updated on how are things as an indie

424
Dreamstime.com / Re: level 0 is so sweet
« on: May 04, 2011, 12:23 »
I'd submitted an image that was 7500 x 7500 and represented a lot of work.  Dreamstime just sold it at 'maximum' size via subscription and paid me 35 cents.

I think 'free' can't be far behind, and we can finally all just give up and go home.  It will be a relief.

Please explain to me why then are you so happy with SS which sell your photos for even less ??

425
iStockPhoto.com / Re: Exclusive+
« on: May 04, 2011, 05:15 »
We have had bad experience with the E+
Some files have stopped selling all together, and the ones that haven't had less sells but more revenue (not much though).
Fewer sells means a few more things:
1. More time before you get to a higher canister level (still important for some people, me included).
2. Less sells = worse best match placement.

We now have no files in E+ at all.
IMO it is worth if only if your photo is TRULY unique and doesn't have much competition.

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