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Messages - cobalt

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4451
iStockPhoto.com / Re: death of istock postponed?
« on: April 13, 2013, 13:31 »
@tickstock,

congrats on becoming a senior member on msg! :)

You made over 400 posts in 9 weeks. Thats half of what I have been posting in several years. I think it shows how everyone can benefit from being active here. Most exclusives I know only post on istock and lately posted a lot less or stopped because they are demoralized.

Although I still hope the istock forums pick up again. The forums can be great fun over there and I think the istock team is trying very hard to reach out to contributors, especially exclusives.

Are you this active over on istock as well? (and no, I am not trying to find your portfolio)

Why didn't you come here sooner?


4452
Pond5 / Re: Is Pond5 Worth It?
« on: April 12, 2013, 08:30 »
Sorry, I didn't know the template was not available for photos. I just uploaded my first photo batch two weeks ago and didn't try to use a template.

I hope they improve the interface. The sooner they do it, the more great stuff they will get.

4453
iStockPhoto.com / Re: death of istock postponed?
« on: April 11, 2013, 23:39 »
Oh, we will miss her! PCC was great!! Really, really good!

Rob is a very nice guy from the interactions I've had with him. Good choice. I hope he enjoys it, community building is a thrilling job but also stressful.

I wonder whatever became of the two Getty admins that wanted to engage the community last year. Krikringle, Kingcash - anybody remember them? (did I get the names right?)

I think stronger interaction directly between community and getty would be helpful to move istock out of the crisis.



4454
iStockPhoto.com / Re: death of istock postponed?
« on: April 11, 2013, 20:55 »
Well if you look at return per download only then you should probably put all your files on coverpicture, apparently their RPD is over 40 euros (60 dollars?):

http://www.alltageinesfotoproduzenten.de/2013/02/21/durchschnittliche-verkaufserloese-rpd-bei-bildagenturen-2012/

But of course the only relevant number is the actual money you make. Although Gettys 12 dollars for 425 million people must be the lowest ever. Lets hope they dont ever do it again.

Its the same with software - you can write great software and sell it for 300 or 3000 or 30 000 dollars a license or sell it as a 99 cent app and become an internet millionaire.

Like you said, everyone needs to look at their own portfolio and their own financial goals. So it is good to have choices as an artist.

@tickstock you will only make the 80 000 if best match allows to find your new files. Which since September seems to be a big problem. So for your sake and all the other ambitious exclusives, I hope they fix it soon.

You probably know this thread:

http://www.istockphoto.com/forum_messages.php?threadid=352023&page=20#post6873761

You also have to invest a lot of money (models, stylist, gear, studio) to make the 80 000. Revenue is not income.

4455
iStockPhoto.com / Re: death of istock postponed?
« on: April 11, 2013, 20:24 »
I thought everybody knew that. Its an amazing achievement for a single artist which is why nobody understood why Getty sent that portfolio to the competition.

But 40% is a great goal and certainly can provide a living wage if you make it. Good luck! Although if you make it it will be because of your very hard work. But luck favors those who put the effort into their goals.

Might be worth attending the Lypse events. You will get great feedback from Peers and Getty editors and meet some wonderful people.

4456
iStockPhoto.com / Re: death of istock postponed?
« on: April 11, 2013, 18:46 »
Welcome back Shudderstock! You are bringing a lot to this place. I really mean that, without any cynism.

It will help people who are watching and sitting on a fence decide what they want to do. Your input is more valuable than you might want to believe.


Aren't you lucky that we are not anonymous? I am sure it's a lot more fun this way. (maybe now I am being sarcastic...)

4457
iStockPhoto.com / Re: death of istock postponed?
« on: April 11, 2013, 15:55 »
I am happy to hear that. If you do go indie it would be better if you do it because you have sincerly thought about it and not because you are just unhappy with istock. It is a complex decision that I would not recommend to do without a good plan. And if istock recovers that would be even better, wether you are exclusive or not.

It will be interesting to watch customer traffic to the site in the coming months. Is really best match the problem or falling customer traffic?


4458
iStockPhoto.com / Re: death of istock postponed?
« on: April 11, 2013, 15:44 »
I have a lot of bills to pay as a photographer, so yes I am genuinly interested in how sales can be improved, including of course sales on istock.

I really think it is great you have a BME and I sincerly hope you posted it in that monthly sales thread on istock. Morale is very low in the contributor community, I am sure you have noticed that.  I think it would help many people to see that someone is doing well, even if you were a newbie for instance. There is  nothing wrong with being successful. Quite the contrary. Success always comes from hard work and good thinking.

Why do you think that i should not upload to istock as an independent? I have a large portfolio there and I intend to keep growing my port.

I am only holding my files back because of best match (and concerns of getty/google etc..., but they said they are not moving more stuff over)

Otherwise I see no reason not to upload to istock.

Why should I not upload?

4459
iStockPhoto.com / Re: death of istock postponed?
« on: April 11, 2013, 15:28 »
You keep saying you are doing extremly well on istock, when everyone else seems to be struggling. The data on the black diamonds is what we "normal people" use to compare our results against someone who we know is better.

You keep posting how unbelievably successful you are, I think it is normal to be curious how are you doing it?

And my question is genuine - what do you recommend should I do? Should I upload in the current environment to istock, or not? And if I upload, what can I do to be as enthusiastic and successful as you are? Assuming the enthusiasm comes from fantastic sales.

You seem to have a unique insight into how to be successful at istock that many people would love to have. It would certainly help those who want to remain exclusive if they knew what they can do to increase their sales. And also for those of us who are independent it would be good to know what we can do to get better results. istock is part of the overall stock scene and I intend to keep uploading, just like all the other independents.

4460
iStockPhoto.com / Re: death of istock postponed?
« on: April 11, 2013, 15:15 »
Tickstock, I am curious too. You seem to be doing a lot better than the black diamonds of istock. Do you have such an extra special niche that is highly sought after that sets you apart from the whole contributor base? You donthave to tell us what it it is, but it seems really strange that if the black diamonds are struggling to sell their content and pay for the expensive shootings, how do you do it???

I think it is obvious from the numbers posted that the money invested in new shootings cannot be recovered in the current situation of istock.

Or are you a total newbie who is doubling his port every two months?

Again my congratulations for doing so extremly well, but I think we would all love to know at least a part of your secret? Any tips you can share with those of us who struggle?

And what do you recommend should I do with my Lenklypse files? I have helicopter pilots in flight, rescue teams in the mountains, organic farmers etc...all of it beautiful "lovelocal" content from a great event.  I also have several videos and I think I was the only one doing video. If I should decide to upload, what I can I do to make my files sell as well as yours?

4461
Pond5 / Re: Is Pond5 Worth It?
« on: April 11, 2013, 15:03 »
You can create a template and then I think use the template for batch edits. Havent tried it yet though. I just make sure all the data is in IPTC and I use batch edit to set the price. works for me.

4462
iStockPhoto.com / Re: death of istock postponed?
« on: April 11, 2013, 10:43 »
I am really shocked by the numbers crossbrain66 posted in the best match thread. If these are the results for the black diamonds, how will the normal people pay for studio and shooting costs:

http://www.istockphoto.com/forum_messages.php?threadid=352023&messageid=6873457

I have so many files from the Lenklypse that I would love to upload, but this just scares me completly. No use uploading files that die an instant death. I will continue to upload videos, but I hope they sort out the photo best match soon.

I hope he doesnt mind that I quote part of his numbers:

"To further verify this 'assumption' of chancelessness for new files to become hot sellers i examined the performance of files uploaded the last six months by a selection of the most successful exclusive istock contributors (mostly black diamonds). Those files should have the best possibility to succeed because of increased visibility through crosslinking with very successful old files by these contributors and the 'name - brand' reputation. Here are my depressing and thesis confirming results:

Average portfoliosize: 7.313
Average uploads past 6 months: 937


of those uploaded past 6 months:
files with over 100 downloads: 0,01 %
files with over 10 downloads: 0,38 %
files with over 5 downloads: 1,19 %
files with over 2 downloads: 5,03 %
files with over 1 downloads: 6,00 %
files with zero downloads: 87,39 %


Considering the advantages these new files had (and the throughout highest quality), their performance is disappointing to say the least."

4463
Stocksy / Re: What sort of RPI are you getting?
« on: April 10, 2013, 16:31 »
5 Dollars, my first sale. :)

4464
If they do, we take our business elsewhere...never underestimate the power of online communities...much better to keep a good balance that allows everyone to win...

4465
Pond5 / Re: Official question for POND5
« on: April 10, 2013, 09:53 »
I had files sitting there for 2 weeks then 2 days ago uploaded new images and suddenly everything was accepted in 24 hours.

Maybe upload something new, just to see how it goes. They have speed up their inspection process, maybe they are working backwards (newest first). The good thing is they always clear everything in your queue once they look at your files.

I find their upload page visually confusing as well, but I am slowly getting used to it and it is usable, especially if you have all your iptc data added. But I do wonder who on earth designed this interface. It cant be a Mac user...

So far they take everything I throw at them, so with your kind of quality, there wont be a problem.

4466
Elena, I love your post!

However, i think Shutterstock knows perfectly well that they have tons of fantastic content and excellent Photographers. But offset is a new product they are introducing to the market. How else do you expect them to advertise for the product?

By bringing in "never before seen" content and adding National geographic etc...they are just creating the necessary buzz to get customers interested.

They are entering the high price game, it has to be advertised with appropriate marketing language.

4467
Thanks for all these informations about Offset, I'm really happy to see coming a new quality photo site, more open than the Stocksy sect.

Are you sure it will be more open? At the moment it is by invitation only.

4468
In terms of sales volume, yes, much smaller. Just look at their web traffic or the number of files sold on getty versus the number of files licensed on istock, Thinkstock or Shutterstock.

They have higher prices and maybe higher revenue than Shutterstock. But you dont know that because they do not break down the revenue for the individual agencies. So it could be that their 950 million total revenue is split something like this: 600 million istock/thinkstock/jupiter, 200 million getty editorial and only 150 million Getty creative.

It could also be any other combination, as long as they dont publish, you dont know. The last number we heard was again in 2007/2008 that istock was around 400 million somewhere. Today this might be more or less, or Thinkstock might have taken a lot of that. 

But the traffic tells you how many customers go to a company to license a file. And the number of licenses is much, much lower than on istock or Shutterstock.

For the artist, the only important thing is how much money is the agency paying out in total to the artists. Shutterstock just announced it was around 50 million in 2012. In 2008 Kelly Thompson said istock paid out around 95 million a year (1.8 million a week). So Shutterstock has grown a lot. And if you look at the depressing monthly sales threads on istock it is hard to imagine they are still paying out 95 million a year to artists. Maybe what they pay out is now less then what Shutterstock pays out. Again, we dont know, but I think it is fair to assume that with the drastically falling traffic and reports on the forums that all artists combined are earning a lot less than before.

Alamy had a total revenue of 22 million and pays out 50%. So in terms of revenue for the artist they are quite interesting for such a small place.

Getty has less revenue than istock/thinkstock, so they must be paying out much less to their artists. But they presumably have less artists, so I guess for the few people who are in, it is enough.

All data, pulled from internet or what I heard on public events over the years, dont pin me down on the single dollar.

With Getty I mean Gettyimages itself, not the whole Getty universe of God knows how many agencies they own. Getty also sells a lot via partner sites around the globe, so Gettycreative from Gettyimages itself might be quite a small number.

Again you dont know. But when they got sold last year, they said total revenue over everything was 950 million, so that is the upper limit. And istock was around 400 m. in 2008. So play around with the numbers, look at the traffic, compare sales prices and royalties. Make your own estimates and conclusions.

But for me, I am only interested in the number that goes to the artist. So an agency with a revenue of 100 million but only pays out 15% is less interesting than one with a revenue of 40 million that pays out 50%.

ETA: and because Shutterstock has such a huge number of customers it gives them a great basis to now open a high end agency like OFFSET. If they put a lot of eneryg in it - what will happen to Getty Creative in the next 12 months??

That is the advantage of having a huge and broad customer base. Gettycreative may have lots of high value customers, but they are extremly vulnerable if they lose one of them. There are only so many high end clients in the world.

4469
There are HUGE differences in the size of the agencies, i.e. the number of customers they service. You can look at the webtraffic of the different sites to get an idea for how many people they reach.

But of course the price and the quality of customers is also important. there are smaller agencies like Alamy, getty etc...that serve only a small prt of the market, but their prices are higher. So maybe you will only get a download once a month or once every 6 months when you are starting out, but you will get 50, 100 or 200 dollars.

It all takes time.

The most important is to decide who are your customers, and where do you think will they buy? What is your target group and target theme?

But if you send in 30-50  images a week to several agencies and just do this steadily for a year you will see which agencies work best for you.

4470
You have a tiny portfolio alp. You need to build up a port of a few thousand files before it becomes really interesting. Also on some agencies you need a lot of time, for your images to move up in their search ranking. So I dont really understand why you closed your account with fotolia and deposit. If you have 2000 files online and few sales I understand, but not 160 files in a sea of 20 million or more.

If you really want to just upload a few images here and there and not work with other agencies you might want to consider going exclusive with istock, inspite of all the drama that has been going on there.

The prices are higher and your files will be preferred in the search.

In the end it is up to you. You will get out of the stock market what you put into it, like any other business. Many people posting here do it as a full time day job and just treat their online webshops as a normal webstore, which is what they are in the end.

Good luck!

4471
Those are fantastic images! Hope you get more opportunities to dive!

4472
iStockPhoto.com / Re: death of istock postponed?
« on: April 07, 2013, 17:14 »
I do understand. So does everyone else in "forumland". Thank you very much.

Have a great day!

:)

4473
iStockPhoto.com / Re: death of istock postponed?
« on: April 07, 2013, 15:29 »
istock is doing a lot of great things lately. They have speed up the exclusive queue, there is a new lypse coming, new creative briefs, more support from getty art directors (for exclusives), the weekly showcase thread will finally get great visibilty etc...

The only thing missing are more sales and people need to feel comfortable posting on istock without fear of repercussions. Getting banned from the forums with a time out is one thing, getting completly kicked out for pointing out the obvious is just incredible.

I sincerly hope istock gets back on track. It used to be such a fun place to work and spend your time. We all miss it.


4474
"Regarding royalties...we dont yet offer public submissions so were not officially disclosing our royalty structure, but for estimation purposes, you can expect it to be similar to our core business. Shutterstock pays somewhere in the vicinity of 30%. 
"

from Scott

So they are thinking of paying 30% for non-exclusive content. So you could still offer your files on Alamy or sell from your own site or work with another macro agency that sells at a similar price point. Maybe even put them on pond5 with a similar price. If their contract allows, I dont know.

Sounds like a very fair offer.

It will be a while before they have customers, but Shutterstock seems to have the biggest customer base and they have enough money for marketing.


4475
Don, you have to give a portfolio time. Michael just went indie 3 months ago. Just putting your files online does not bring you sales. The customers have to discover you, bookmark your files etc...even on istock it will take months before your portfolio really "takes off" even, if you are exclusive. When I was moderator for the german forum, there where quite a few frustrated newbies with fantastic images who had to wait many months until they saw a reliable and regular return.

But they all made it in the end, so wether you are submitting to istock, getty, shutterstock or stocksy, you need to have a constant stream of uploads. Just "dumping" a portfolio and then not sending up new content will make it really difficult to be discovered by the customers.

There are many independents who as single artists make a full time living with over 4000 files. Some even over 10 000 dollars a month as a single artist. But they all upload good content on a regular basis. The same for the istock exclusives. If you dont "feed the beast" every week or month it will be difficult to succeed even with the exclusive push in best match.

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