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Messages - cobalt
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5176
« on: May 04, 2011, 21:26 »
I am very sorry to see this!
I dont blame you though. RC levels still havent been announced, lots of unresolved site issues, simple searches that return over 90% v/a in the first 1000 images, if you click "no people" you still get Hulton archive or V/A images with people in them, and the biggest problem: very little communication or guidance from our agent.
If the next monthly sales thread are simlilar to April, there will be many more exclusives leaving. If they really want V/A to be the new essence of istock and attract mostly photographers who prefer fewer sales for more money, then many in the "middle tier" will have to decide what they want to do. Move up or move out, seems to be the message.
I still hope they come round or that somehwere down the road there really is a solid marketing plan that will bring millions of new buyers. The market is there, they just have to go after it.
5177
« on: May 04, 2011, 16:11 »
@bunhill
That is very interesting. It would be very reassuring actually if the reason they didnt adapt sooner was because of short term shareholder influences, not a lack of market vision.
@disorderly
That is a very nice comparison. Although istock does continue to innovate/add new markets (editorial, Agency...)
I am not against V/A at all, just very worried about growth and losing buyers. They wont go to Thinkstock, they will go elsewhere. Here in Germany Fotolia seems to be the market leader. At least from my own personal impressions when looking at websites.
For myself, the best I can do is somehow find time to shoot. The drop in my portfolio is my own fault, not istocks. But with all the news and the V/A dominance of searches I wonder if I should try so hard to find time for it. If even Sean cant increase his income with 2000 new files (and probably lots of Vettas), what can I do?
I will not quit exclusivity, but maybe look at other things I can do with the studio.
5178
« on: May 04, 2011, 15:49 »
" I think they see image in terms of commodities and markets (the patterns and trends I mean)."
I absolutely and totally hope the approach is completely market based!
But sometimes companies come up with a plan what the customers "should" do and only when it gets really painful and the damage is done, will they refocus. Just like Getty missed the original change that came with the internet and had to buy istock to keep up with the times.
The internet demands huge amounts of daily changing images. Millions of new buyers are coming into the stock market because more countries have economies that are recovering or their countries are moving up economically (China,India). However, I doubt that these very, very large markets can be reached with images where the lowest price is 55 Dollars. Same for daily web use.
Shutterstock has existed for a long time and maybe Thinkstock will bite into its market share, but most agencies are offering pay as you go models, which is probably the easiest way to reach a large number of buyers.
As a contributor I have fully embraced the volume model. My studio and work are designed to produce generic images with a wide appeal, not artistic photography.
If istock has changed its direction towards midstock/less generic/expensive then I will have to change my business plan. Of course I can do that, but I will need to find a new niche and new buyers.
Back to the camera...
5179
« on: May 04, 2011, 14:23 »
Maybe the logic is in the money. Maybe this strategy really works and brings in more money for Getty.
I would have thought that for image buyers to able to sort by price is important, but perhaps I am underestimating the budgets.
5180
« on: May 04, 2011, 13:00 »
I am quite shocked that the search results give such extreme preference to expensive images. istock has in effect then become a midstock site.
Getty has many midstock sites - punchstock, jupiterimages, getty itself etc...but istock was always a place for images that sell in high volume.
I love V/A, absolutely fantastic stuff, but they are usually too specific to be sold in high volume.
Instead of encouraging the buyers to leave, why not offer them a good visual solutions, like the one Hillaryfox suggested.
If the main purpose of istock now is to become a showstore for expensive images, this will alienate a lot of buyers who just need normal images for daily webdesign or powerpoint presentations.
As a buyer you dont want to work with many different agencies, you want one place to fill all your needs, like amazon or ebay. istock has all the images for daily work plus the "luxury sports car" for the special occasion. But to keep your buyers interested respect their time and give them options to find quickly what they want.
If Juanmonino is right, then it would be very sad, because it means istock is actively encouraging the buyers to leave.
I just dont understand the logic behind this?
5181
« on: May 03, 2011, 09:33 »
The graphic designers will combine several stock pictures with their amazing photoshop skills and create whatever the client wants. Which is what is already happening now.
The creative part has been moved into their ballpark, they also usually make the decisions which images to buy to fit into their design.
Work for hire contracts will always be needed when the customer wants to shoot his own products/location/service but for anything else the graphic designer can whip up something unique and exciting from even the most bland stock images.
5182
« on: April 25, 2011, 15:49 »
Lovely pictures! You can do a search on istock and see how the other animal photographers are doing. I always think of globalp http://www.istockphoto.com/user_view.php?id=902692But he does them mostly on white. If you go exclusive with istock, then any images that get accepted into the Vetta collection will be mirrored on Gettyimages. Your pictures are excellent examples what can be done with animal photography.
5183
« on: April 20, 2011, 14:32 »
"20 sales in the early mornings up to 12, mid-day and just one sale from there on to now. This is what makes me think independants are cut-off, certain times of the day, criminal, but there you go."
Same here.
Its the upcoming Easter holiday, for many businesses this is the last real work day. Tomorrow many businesses are closed already or just tydying their desk.
If you see a big drop in downloads next week dont be surprised...
5184
« on: April 19, 2011, 05:14 »
istock had a system like that for the dollar bin. They moved files there that didnt sell after several years and once in the dollar bin they had a "30 day clock" ticking. Every time an image was bought in the dollar bin, the clock was reset and the file had another 30 days to go. If it wasnt bought a single time then after 30 days it was deleted.
It was a great system and many files started getting noticed and flaming there.
At the moment the clocks have been stopped and no new images are being put in the dollar bin. They say they want to do something special with the bin, but we have no idea when.
many photographers now delete older files from istock but put them on the partner program. so you can do your own spring cleaning but the files can still have a life somwhere. Like the dollar bin, many files that didnt sell at all on istock are now popular in the PP.
Sorry about losing those images elena, only 3 months old and a lovely series. Very bizarre decision.
5185
« on: April 16, 2011, 04:59 »
...or even from a competitor...its a business classic...
Don't mean to say that the OP doesn't have genuine concerns and that many istockers have reasons to be upset.
I agree with Sean the fraud issue is over and done with and it is certainly one, that management is aware of. They lost a lot more money than the contributors, Istock had to give their part back as well (which they probably already used for ongoing payments, wages, marketing)
If you are going to write, you definetly need to put your real name and business adress.
I believe that there are other ways of dealing with all the agencies, but I am not against writing to management if necessary.
Again, it is a normal part of business and I wouldnt be surprised if at every event or tunr someone already is writing to them. With over 70 000 contributors, they must be getting their share in the mail.
5186
« on: April 14, 2011, 00:02 »
"I agree, but isn't stopping uploading, telling customers to shop elsewhere and focusing on other sites DOING something."
It is doing something yes. And if you feel better about it emotionally then again yes, maybe for some contributors this alone is good reason to do it. And if enough contributors or the right contributors stop uploading maybe you can negotiate a higher rate.
But if you just stop uploading, is it a good financial move? What will the buyers do when you leave? Will they follow you? Will they even notice?? Some contributors may have such a unique style that buyers will follow them. But in most cases all your sales will just go to your competitors on istock.
To the copycats.
They will take over your best match positions (even if they fluctuate), replace your images in the lightboxes of buyers, and really enjoy some good money if you introduced a new image concept.
You cant stop them, there are to many artists out there.
Now, lets assume you have stopped uploading to istock, have "broken the chain" and are now feading the beasts of other agencies. I am exclusive, so I havent been follwoing all the news here, but from what I read, the other sites arent perfect are they? Their managements also make decisions that enrage contributors. They mess up, they can be greedy, you feel betrayed, probably with good reason.
Imagine that this summer there is a hypothetical crisis at Dreamstime or Bigstock or...agency XYZ- what will you do? You also stop uploading to say - XYZ. Again slowly delete your portfolio.
Now you are avoiding two agencies.
Then the next agency messes up...
...
So this is why I dont believe these boycotts make financial sense longterm.
The only thing that would make sense is to sell from your own site. You get 100% Royalty, that is unbeatable.
But you have to do a lot to attract traffic, just like any other internet business or webshop. Just like setting up a webstore to sell kitchenware. Youll make it if you work hard. maybe team up with artists that have a complementing portfolio, not direct competition, but not unrelated content either.
The other thing is what people are doing already - balance stock with assignment work.
Perhaps there are other solutions or business concepts, I dont know.
But if you want your horse to run, you have to feed it.
5187
« on: April 13, 2011, 13:33 »
Thank you for showing us your portfolio, at least we now see that you do have an active income from stock.
The 15% argument is so old and lame, it doesnt get truer by repeating it. But here goes.
There are agencies that pay 70%. But what is the problem? They have no sales.
Last year I was making 40% on istock and 20% on getty. I have 3000 images on istock and just around a 100 on Getty. My Getty results have wild swings because Getty sells at many different price points but in the end, at least for me, getty was giving nearly 2-3 times better results than istock. It made me think.
It is the money in my bank account that I am interested in, not a percentage of nothing.
It would be different, if we had true profit sharing, like in the writing industry where you get 50% of the profits of your book. Unfortunately, that might only be 2% of the book retail price, everything else goes to publishing and distribution costs.
So what exactly is "fair"? Unfortunately unless we see the inner cost of marketing and distribution we will never know.
This doesnt mean the non exclusives should accept 15% without protest. Or prefer to upload their better images to other sites.
It also doesnt mean I appreciate that under the new Rc system I am getting 35% (although I can probably work myself back up - havent been uploading in nearly a year).
But the reality of stock sales is more than just "royalty percentage"
The real question is: where are the buyers? Which agency is expanding most across the globe? How can I put my images in front of as many buyers as possible. How can I convince the buyer to buy MY picture and not the copycat...etc..etc...
I think we have a lot of intelligent people here and this community is good at sharing information.
But a lot of energy is wasted on moaning instead of doing something productive.
5188
« on: April 13, 2011, 10:52 »
I would like to see his istockportfolio as well. There are loads of 1 image trolls with opinions...
5189
« on: April 12, 2011, 10:39 »
In his original post he said that 90% of the contributors would be very happy with the deal that was offered. He is also taking it himself.
He just pointed out that he now better understood the bigger changes going on in the industry and the pressure everyone was under. So whatever rates we have, we shouldnt rely on them to stay unchanged forever. Nothing new there. We all know that there is a complete oversupply of images and that it is a buyers world out there.
Really no conspiracy. But you have to bother reading things yourself...
5190
« on: April 11, 2011, 18:45 »
From what I read on the forum they are now processing submissions from Middle of March. Mine are from the 30 March and havent been processed. Their queue is probably overwhelmed because some contributors have a library with thousand of editorial files that they want to upload.
I just keep uploading, I dont think there is a big rush. Most buyers arent yet aware of the exclusive collection.
5191
« on: April 11, 2011, 17:08 »
They said they will take "ongoing" issues and the events in the Middle East are certainly far from over. They just cannot accept breaking news, for the simple reason that it cannot be processed in time and maybe also to avoid a direct competition with Getty.
Its a very interesting newsletter and lightbox.
Good to see that editorial is beginning to sell.
5192
« on: April 10, 2011, 05:36 »
As a buyer you dont care about all this exclusive/non exclusive stuff. You dont look at the names of the photographers, you very often dont realize they are real, single artist putting up their files for sale. When I started buying I more or less assumed it was all produced by the stock agency itself, just like a software product.
Sourcing images is a tedious task and you anyway have no time. The deadline is looming and you just need to get your work done. So for stock you go to your one stop shop for images, just like you would buy all your music from the itunes store and not shop around the internet to see if the song is a little cheaper on Amazon or other outlets.
When you go shopping on the internet how many times are you interested in the story behind the product?
5193
« on: April 06, 2011, 13:26 »
I think he refers to the government loan that your German friend was paying off. University itself is free and there is some interest free funding. If you can pay it all back in one go it used to be that you only have to pay back half. Otherwise you you start paying the governemnt back when you have a job and in very small rates over many years.
These days some universities are charging fees, but it is something like 100 euros a month. People are still horrified by these "fees" and many universities have dropped them again.
The main difference though, while the university is free, you dont get any comforts.
Lecture halls filled with over 2000 students are not uncommon for popular subjects like economics. There is hardly any interaction with your professors, you basically end up becoming very good at teaching yourself from books. Nobody will ever ask you why you chose your subject and the university doesnt care if you fail. Exams are very difficult, oversubscribed subjects can have crucial exams with failure rates of up to 90%. The universities have no way of stopping the flood of students, very few subjects (like medicine) are restricted. So they filter with exams.
The standard of education is very high though, especially in subjects like Engineering or Science, that the German industry needs. So if you make it, youll have a very thorough understanding of your subject.
But if your looking for a more personal, nurturing environment I really wouldnt recommend to study here. Maybe at one of the smaller universities. However if you really want a very "challenging" environment" and like a high standard, a German university will give you that.
In the end, our education isnt free either, we pay much higher taxes, 40-50% is very common even if you are middle class.
5194
« on: April 05, 2011, 18:45 »
JJRD just confirmed that Vetta/Agency files are not going to Thinkstock. They are mirrored on Getty, but wont go elsewhere.
That sounds like good news, assuming you are one of the people who still believes everything you are told by the admins.
Well, not so long ago I used to be an admin...so, lets say I believe this statement. ;-)
5195
« on: April 05, 2011, 18:23 »
JJRD just confirmed that Vetta/Agency files are not going to Thinkstock. They are mirrored on Getty, but wont go elsewhere.
5196
« on: April 05, 2011, 13:25 »
You will always be our hero Sean ;-)
5197
« on: April 05, 2011, 13:00 »
Ive been following the getty forum as well and concur that I am a little suprised why they have a forum if they are not intending to have a real dialogue with the contributors. Dialogue, in the sense that the contract then gets amended or a solution that works is found. To just tell people: this is the contract take it or leave...
And those comments directed at Sean...I dont know I am sometimes puzzled at the attitude towards us "microstockers". I am sure Sean makes a lot more money than most people on the Gettyforum and thus has an enormous amount of experience. He also has a brilliant business mind, that is why we all voted for him to represent us in the conference call.
The moderator herself is really doing the very best she can and has been helpful in clarifying many things. It is an ungrateful position to be in, obviously she didnt draw up the contract.
The request to withdraw the files if they dont sell as RM is a very reasonable one. I dont think members should be forced into a licensing model they are not interested in. If an image doesnt sell within three years and then an editor decides the image would do better as RF, I dot understand why they cant send their members an email with a link for the images that are going to be moved. Then let the member click on each image to decide if they approve or if they want the image taken down. This is the year 2011, for modern software it cant be difficult to set up a system for that.
Right now the only solution is to not sign the contract and leave Getty. I fully understand that many photographers are beginning to think that this is the real intention. Too many files, too many photographers. But from a business perspective it doesnt make sense.
Why lose the photographers, if all it needs is a little software tweak?
5198
« on: April 05, 2011, 04:09 »
I know this place is as negative as can be about istock and I also know that in the last months has mucked up a lot but sometimes I wonder....
When you have any business that has one massive screw up after another for many months, coupled with terrible communication (or none at all) , it creates a fertile environment for conspiracy theories.
I agree with that, I certainly wish for better communication. Just wanted to add my 2 cents. I dont like the current best match either, mostly because the search results look strange. V/A is very beautiful but there is a reason why it is sold in small quantities, it is just not generic enough. And many bestsellers have dissappeared, so the buyers are not really getting a Best Match. I am confident they will improve it, or the system will swing back to normal, I dont know how these software things work.
5199
« on: April 04, 2011, 18:20 »
Never heard anything like that ever. If you overdo it on the forums, you get a time out, if the forums and you dont get along probably a longer ban. But your files? Why on earth would they have someone sitting there watching the forums to turn file position up and down?? Id be woaying in the forums till the sun comes up if I thought it would help my downloads.
I know this place is as negative as can be about istock and I also know that in the last months has mucked up a lot but sometimes I wonder....
5200
« on: April 03, 2011, 20:55 »
Looks like someone "restarted" best match and it probably needs some activity to get going. At least, I hope this is whats happening. I just dont understand why they dont let contributors now "Hey guys, we are pushing some software buttons this week-end". Just so that we know what is going on.
For many here istock is a considerable income and with all the issues people are jittery enough already. A little understanding can go a long way.
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