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Messages - stockmarketer

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551
Photo Critique / Re: Does my stock portfolio stand a chance?
« on: February 03, 2012, 10:00 »
I'd say all the comments on this page are pretty spot-on.

But as for the quality of your work, just looking through thumbnails I'd say your work is quite stunning.  Really fantastic stuff.  Kudos!

However, as has been pointed out, there just aren't that many buyers at any given moment who need what you're offering.   You really have to ask yourself every time you post an image, Who will buy this and How will it be used?  It's all about helping the buyer communicate a concept he/she is trying to convey.   Quality aside, the more potential applications you can envision for your image, the greater chance it has to generate real sales.  Your pics, as great as they are, just don't scream any particular concepts aside from Peace, Beauty, Nature, etc, and in the modern world of blogs, advertising, etc., it takes an image with a really powerful "message" to excite buyers.

Best of luck on your upcoming trip... it sounds like those kinds of assignments are where your talents will truly shine.  I believe you'll ultimately find that  Microstock is a business where photographic talent matters far less than business savvy.

552
Shutterstock.com / Re: SS 20 Million Images Prediction Pool
« on: February 01, 2012, 10:29 »
I'd say there must have been a sudden gajillion percent increase in activity at SS, judging by RacePhoto's needle now pointing to the max.  If that math is correct, I'd say we'd hit the number in 1982.  ;)

553
123RF / Re: Sales down???? :(((
« on: February 01, 2012, 10:26 »
Now it's official... Jan was my BME.

On my chart, 123 has the straightest line of growth.  It may not be the steepest, but it seems to be the straightest and most reliable.  Long live 123RF!

554
Dreamstime.com / Re: Is DT alive ?
« on: February 01, 2012, 10:15 »
DT and FT are just the kind of agencies that show no promise whatsoever to me.


I used to see DT and FT as "siblings" running neck and neck every month to see who would deliver more earnings.

Then I reached Emerald at FT and doubled my prices and nearly doubled my earnings overnight.  Then DT cracked down on "similars" and started rejecting almost everything I submit.  Now FT challenges SS for #1 agency each month, while DT is joining IS in the "remember the good old days?" camp. 

So, is DT alive?  Yes, it's hanging in there, delivering good sales every month... but it's almost impossible now to grow there.

555
CanStockPhoto.com / Re: What do you do while waiting for a sale?
« on: February 01, 2012, 10:00 »
Spend that time researching the market.  Figure out what sells for others, and what you can do better than anyone else.  If you can't improve on what others are uploading -- either by covering new subjects you believe are in demand, or offering a really unique take on subjects that are already covered -- you will be waiting a long time to see any sales.

Things to brainstorm:

- How can you create a unique style... how to create your "brand"

- What subjects are in the news... cutting edge technologies or concepts... that may not be already covered in microstock

- Look at the top selling images at the agencies and say, "I wouldn't do it THAT way... I would do it THIS way"
 and see if your different approach to a subject that sells will make you stand out.

556
General Stock Discussion / Re: January 2012 earnings
« on: February 01, 2012, 09:55 »
BME overall.

SS going great as ELs continue to pile up in good numbers.

IS down a bit from my peak there last fall, but showing signs of a rebound.

FT holding steady over the past few months.

DT down a bit... I blame the idiotic "too many similars" rejections which has caused me to rarely upload there

And the rest, which combined account for less than 10% of my earnings... 123RF a BME, BigStock steady, CanStockPhoto down a bit, etc.

Since RPI is being discussed, mine held steady at about $.12/day.  RPI has actually increased over the years as I've built my port.  (Now let the debate begin about how this is a meaningless number.)

557
123RF / Re: Sales down???? :(((
« on: January 29, 2012, 07:22 »
From 2009 to September 2011, sales of 123rf has increased almost every month. But since October 2011 are stalled. 

Not my experience.  123rf has been on a consistently upward climb for me over nearly 4 years.  Almost every month (except summers and holiday months like April and Dec) is a BME.  With three days left for the month, I'm just about $30 away from calling January another BME, and I'm confident it will happen again.

Let's re-title this thread "Sales up!!!! :)))"

558
My guess is that subscription sales come in waves because of the way designers work. They work in spurts - when a new job comes in, when a job is due, when a job is to be reviewed and different layouts have to be presented, when a deadline looms, after the job's first review and the client asks for more ideas (I'm talking both print and web designs), when the monthly newsletter or enewsletter is produced Many of those scenarios work on cycles tied to time frames - end of week, month, year.

Pair that up with the nearing of the end of a subscription and the buyer wanting to get everything they might need in the future before the subscription expires may cause a flurry of subscription sales. If your portfolio contains images that any one buyer thinks is connected to their industry/customers/clients they may purchase many from you on the same day/week.

This makes some sense, but there is more going on.

The scenario you describe may explain the actions of an individual designer.  But I'm experiencing entire days with nothing but subscription sales then days with almost entirely credit sales.  For your theory to hold up, it would have to mean 5 to 10 designers buy nothing but sub images, then 5 to 10 designers buy nothing but credit images, then back and forth.

Anyone else have an explanation?

559
Here's what I just don't understand...

Why do credit sales and subscription sales come in distinct waves?

On Thursday, I got virtually all credit sales totaling about $60 in commissions for me.

On Friday, I got virtually all subscription sales -- around the same number of downloads -- but my total take was about $15.

What is happening that causes all credit sales to be reported at once, then all sub sales?  Is there a best match shift every few days that moves high priced images up and then down, up and down, in a cycle?  Maybe that would suppress my high-priced images from selling to credit customers on certain days.

Anyone else experience this?

560
123RF / Re: Sales down???? :(((
« on: January 25, 2012, 16:23 »
The daily tallies don't matter as much to me.  But in aggregate, I can see a 14-day rolling average, and plot that against prior years.  If the current average is heading downward, it could be seasonal, which the year-to-year comparisons would tell me.  But if it's going down at a period when history suggests I should be making gains, that suggests something is wrong and requires further analysis.  RPI is another measurement I track closely.  I compare today, this week, and this month to the same period last year and in prior years to see if I'm truly making gains.  If RPI slips, that suggests I'm not uploading the right stuff, perhaps even competing too much with my own port.

Maybe this is just anal, but it is working for me, so I'm sticking with what works.

561
123RF / Re: Sales down???? :(((
« on: January 25, 2012, 16:05 »
Checking sales daily is really bad time management, time that could be spent creating new images.

I treat microstock like a business. I am really two people in one.  One is the "artist" creating new stuff.  But what should he be creating?  He needs to be given direction by the "business manager," who needs to closely watch sales and trends to measure what is or isn't selling and watch for new opportunity.  The artist probably spends 1-2 hours a day creating, and the business manager spends about 1 hour a day tracking and analyzing.

If I killed off the business manager and gave the artist an extra hour a day to make whatever he wanted, yes I would create more, but I guarantee you it wouldn't be raising my sales.  

Like any business, microstock is one that requires market intelligence.  Daily checking of stats (and yes, sometimes hourly or more frequntly on those exciting days when it seems sales are going through the roof) helps me grow my business.  I set short term and long term revenue goals when I started several years ago.  I surpassed the short term goal in about 18 months, and hit the long term goal about six months ago.  I'm doing far better than I thought I would ever do at this, and I credit that success to approaching this as an artist and marketer in equal measure.

562
123RF / Re: Sales down???? :(((
« on: January 25, 2012, 14:14 »
Average month. Checking your sales daily is probably too frequent. Sales tend to go up and down at all sites. As long as each year increases I think is the main thing :)

You'll find that as your sales get higher, you're much more vested in watching the trends and wanting to move the needle higher.  If I just made a few sales a day at a given site, I would still probably check it at the end of every day.  I keep a daily tally of my sales, and I track a trend line that is a two-week rolling average.  Then I compare that to year-ago levels to see if I am in the middle of an annual cyclical trend or if I'm doing something right or wrong that is out of the ordinary, and I alter my course as needed by looking at what is or isn't selling.   Yes, it can take some time to do this correctly, but if you've reached a level where microstock is paying some or all of your bills, you'd be wise to give it the careful daily attention and analysis it takes to grow it further.

563
New Sites - General / Re: new design at GL Stock Images
« on: January 25, 2012, 11:45 »
It was cool to log in and see my monthly sales chart.  It was an eye-opener to see how my sales have grown there since joining in early 2010.  I've been steadily uploading without much thought -- the upload process is the easiest around -- and log my regular sales each day of one or two downloads, without ever really thinking about how it's been adding up.  It's become a pretty reliable contributor to my bottom line... still a small player, to be sure, but one that's on a nice rise.

Now, I could retreat from these warm feelings if my pics all get downloaded at the smaller, cheaper sizes and my monthly take from GL plunges despite the same number or more downloads each month.

564
Off Topic / Re: Future of MicroStock?
« on: January 25, 2012, 11:36 »
I think about this all the time.

I'm making a nice income now, and it would be nice to think it will continue to grow or at least remain steady for the next several decades.  My dream is to quit my day job at 50 and enjoy a comfortable, microstock-financed retirement, but I know that's naive.

All industries change, and anything tech related changes at a much faster pace.  Microstock as we know it will continue to evolve and maybe be completely replaced with a new model at some point.

But I comfort myself with this thought: images will always be needed.  Maybe they'll become more animated, more video-like, or maybe even holograms.  I'll just have to stay on top of the technology to create what's in demand.  I have enough faith in my ability to do so.  As for how we'll make money on sales of such images?  Maybe it will go to free downloads but advertising supported and we contributors get a cut.  Or maybe some other model we're not even thinking of.  It ultimately doesn't matter.  The creators of images will have to be compensated at a level that satisfies them enough to keep them creating.  Otherwise there will be no more images.  (At least, no more GOOD images, since the ones that people will create for no compensation will be crap.)

So I'm uncertain about microstock's future, but fairly confident that I'll be able to profit in some way as a contributor well into the future.

565
123RF / Re: Sales down???? :(((
« on: January 25, 2012, 10:26 »
Things have been steadily rising for me at 123RF.  November 2011 was my BME there, then December retreated a bit due to the holidays, and January should just about match November.  (Seeing around 30 downloads on most weekdays and total sales of around $20 a day.)

566
I must have missed something.  I didn't see any whining about loss of sales.  I thought the OP was asking if others had noticed that the 'feed the beast' philosophy had changed.  I think it has.  What do you think?

As I mentioned in my post, I agree the philosophy is changing, and that's a great thing:  "But taking the easy path of seeing what sells well today and copying will no longer earn you quick cash.  I, for one, am glad the new image bump is gone.  If it makes the copycats find something else to do, then SS, and microstock in general, is stronger for it."

567
Dreamstime.com / Re: Is DT alive ?
« on: January 23, 2012, 13:10 »
My experience really takes the cake:
shot a motorcycle race and submitted editorial images.... different motorcycles, different riders, different colors, different captions .... most rejected for similar.

Do you have existing motorcycle race photos in your port?  I only ask because DT isn't just comparing the shots in a batch against others in the batch, but they're looking at your whole port.

I can submit a single image to DT, and if there's something remotely like it... can be just a similarly shaped thing but completely different subject matter, concepts and keywords... and it will get rejected.

568
Photo Critique / Re: Need some veteran opinions
« on: January 23, 2012, 12:43 »
Frankly I don't know what RM agencies will think of this, but if I were a RF reviewer, here's what I'd say...

Limited Commercial Value.

As a contributor to the microstock agencies, here's the approach I take:

Anytime you are about to upload an image, ask yourself, "Who would buy this, and what would they use it for?"  Looking at your photo, I can't think of an answer.  Can you?

The images that sell are those that convey a concept.  And best-selling images are those that best convey their concepts immediately upon sight.  That means the image has to SCREAM a concept.   As the buyer peruses a page of hundreds of choices, all of them in tiny thumbnail form, what is going to make your image jump off the page and demand to be bought?  It has to work well in a very small size on the screen, and it has to slap the viewer across the face with its message.

I'm not commenting on the quality of your pic.  Frankly, the microstock game is not about quality anymore.  Many, many people will get accepted into the agencies based on their work being of sufficient quality.  But few will have great success generating actual sales because they don't understand how to get into a buyer's head, how to pick the right subject matter, how to develop a unique style, and how to make their images scream a message or concept.  

Still, I do wish you well.  The more contributors who embrace this philosophy, the better microstock will be for buyers and sellers.   Best of luck!

569
Dreamstime.com / Re: Is DT alive ?
« on: January 23, 2012, 12:31 »
Just compared Jan 1 - 23 2011 vs. 2012, and found that I'm up about 20% at DT.  I'm not too excited about that, because I've seen much stronger gains at most the other sites.

Like just about everyone else here, I started getting hit with the "Too Many Similars" hammer about halfway through the year and started trickling my uploads to just a few a month.  So I blame my paltry year-over-year increase to my constrained uploading.  I'm confident that if I were able to get the same number approved as I used to (nearly 100%), the site would still be performing strongly for me.

It's just so frustrating that they stubbornly cling to such an idiotic definition of "similar."  I can see limiting someone who shoots the same model in the same location from a dozen slightly different angles.  Yes, limit that person to one or two accepted pics.  But the things I'm getting hit with the "similar hammer" for are just insane... totally different subject matter and concepts.  Keywords that are completely different.  It's almost like they have a robot filtering out anything that has a somewhat similar shape to existing images in your port.  My pics that get turned away by DT sell extremely well at the other sites, and I'm 100% certain they'd be snapped up by DT buyers.  Madness.

570
If your images are good enough then they will sell. If they're not then they won't. No point in concocting elaborate conspiracy theories to explain a lack of sales because that is unlikely to be the issue.

+1

I'd say there was definitely a shift that did away with newest images being heavily favored, but that has not killed my sales of new images.  I'd say now my new images sell at the same rate as my older images, which is as it should be.

Perhaps Shutterstock's plan was to discourage uploads from contributors who could only sell based on the bump that new images used to receive.  If that's the only way someone can sell, that's a sign the contributor is only uploading "me too" stuff... subjects and styles that have been done to death... and Shutterstock surely knows it doesn't need any more of that.

For anyone to succeed now at SS, or anywhere for that matter, you'd better be watching the market closely.  Figure out what's been done to death and what subjects are undercovered.  Build a unique style.  It's tough to do, don't get me wrong.  But taking the easy path of seeing what sells well today and copying will no longer earn you quick cash.  I, for one, am glad the new image bump is gone.  If it makes the copycats find something else to do, then SS, and microstock in general, is stronger for it.

571
in September last year I have deleted images that were not selling and ended up with 90 files.
After that clean up my earnings went from a pay every two months to almost nothing.      

I am completely baffled when I hear of people deleting "non-selling" images in their ports with the expectation that this will somehow drive more sales.

Can someone explain how this is supposed to work?

The only thing this might do to help someone feel better is drive up RPI, but this would be an artificial way to get there.  I use RPI as a valuable tool to tell me if I am uploading the right stuff that people want, but it only works if I don't try to pull tricks like deleting the non-selling stuff.  

But RPI is not a number that pays the bills.  So how does deleting images help you, exactly?   I don't expect dmg to answer, since this obviously hasn't worked for him, but has this actually ever worked for ANYONE?

572
123RF / Re: Anyone know the New Royalties at 123Rf
« on: January 21, 2012, 07:49 »
Does anyone else see that we as contributors are at least partly to blame for this?

123RF gives us a very fair commission of 50%, they perform pretty well for us, and in the meantime new agencies pop up offering lower commissions and prices and we stand in line to join. 

It's the Fotolia story all over again.  How can we expect the larger players that sell at higher prices and offer decent commissions to maintain those prices and commissions if we keep adding to the "race to the bottom" pressure?  It's simple economics, and we're a big part of the equation.

573
iStockPhoto.com / Re: Layoffs at istock
« on: January 19, 2012, 16:14 »
You also mentioned that you yourself are seeing an increase in sales, i was too until the begining of the week when it all completely went dead. That's best match working its magic once again.

For me, this week is running about 35% higher than last week.  If there was a change, I guess I benefited.  Sorry.

574
iStockPhoto.com / Re: Layoffs at istock
« on: January 19, 2012, 16:12 »
this is true, unfortunately. but I think we're about to see iStock get swallowed up by the Getty machine. the question is whether to go with the flow or walk the plank and hope the sharks are friendly

That's what it sounds like, since all of the jobs lost were on the istock side. The "redundancies" all seem to favor the Getty team, so any replacement to JJRD would come from Getty. istock is being eaten.

I think istock will be around this year, as they streamline what images go to Getty and what goes to stinkstock, but then BOOM!, one day an announcement will come and istock will be gone. You will be directed to either Getty or thinkstock directly. The "artist formerly known as istockphoto" will cease to exist.

No.  iStock as a name has way too much brand equity.  That wasn't really the case with StockXpert.  Even people who only marginally know what microstock is probably have heard of iStock.  If they know one place to turn to for buying cheap pictures, it's probably iStock.

They will transform the business but keep the name.  People will likely be screwed... probably contributors... but if the management has an ounce of sense about making money, they will find a way to keep buyers with the name iStock.

575
iStockPhoto.com / Re: Layoffs at istock
« on: January 19, 2012, 15:25 »

No, sorry, but this really is the beginning of the end of Istock as a major player n microstock.


Right, this is my point.  It might be the beginning of the end, but iStock isn't dead as many are proclaiming.

I'm pointing out that there are thousands of people around the world right now making purchases on the site and oblivious to what's happening behind the scenes.   And it's even possible that iStock could introduce some changes that make these buyers want to stick around for the foreseeable future.

Frankly I'd be thrilled if all those buyers immediately gave up on IS and went to SS, DT and FT.  But unless the iStock management truly wants to throw money away, they have a plan for keeping those buyers in some capacity. 

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