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Messages - blvdone

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726
So this week's number of sales on Adobe Stock jumped after 3 weeks of low sales during enabling Shutterstock $0.10 photo sales.  Revenue wasn't high this week on Adobe Stock due to video sales being not great, but photo sales are back to the level before Shutterstock parade of $0.10 subs.  Is this seasonal or has to do with Shutterstock $0.10 photo sub sales eating up Adobe Stock sales?  Anybody having the similar lower sales on Adobe Stock during previous 3 weeks like me?

727
So, I turned off my Shutterstock photo sales this week.  So far Adobe Stock photo downloads (how many, not $ revenue) went up about 20% from previous 3 weeks I had Shutterstock photo sales enabled.  It's back to the downloads amount before I enabled Shutterstock photo sales at the beginning of July.  This may be a coincidence, but I really suspect $0.10 photo sales on Shutterstock were eating up sales on Adobe Stock.  Also, seeing those parade of $0.10 one after another on Shutterstock is emotionally painful.  I didn't have that pain this week I just realized. 

728
I noticed an email from a footage rep from Shutterstock asking us to shoot footage for the travel genre and providing a list of destinations. I laughed... given the commission you get and the cost of traveling, production gear etc there is no chance we'd shoot that for them. I didn't even bother replying as it's been said a 1000 times. A lot of contributors will just quietly move on.

Agencies will reap what they sow and if they're not careful they'll only get the easy to produce work and the the footage they say is in demand is in demand because contributors can no longer afford to make it.

That said, I still receive plenty of higher value sales of footage from AS but obviously, I have to be selective in what I produce as it's a lot harder to make the costs back now.

Those "Shoot briefs" can be only temporary demand that's only good for the agencies, but not for creators who carry all the expenses while agencies have zero expense.  So, we got to be careful.  I usually don't shoot any of those shoot brief subjects.  Access to location (for free) , hiring multiple models (costing $$$$$) are usual obstacles to do those "shoot brief" stuff.  Just doesn't make business snese.

729
Adobe Stock / Re: Sales for pennies.
« on: July 20, 2022, 05:30 »
Video sales revenue down 40% since video subscription introduced in April.  Now probably majority of video sales are video subs.  Damage is huge on us.  Every time I see those video sub sales, I only imagine how much I should/could have made instead of a few dollars.  It's painful.

730
Just un-published my photos.  I'll re-publish a month later for a few weeks at least to see if I get high price sales.  Otherwise, Shutterstock is the new Storyblocks imo.

731
I just need a couple of $100/download photo sale on Shutterstock to make it above $1/download this month.  lol.  Otherwise, I'll disable my photos on Shutterstock in August to see my photo sales on Adobe Stock will go up to the level before I re-enabled Shutterstock photo sales.  I suspect there is a co-relation there.

since individual months sales are near random, esp'ly for low # od DL, you won't learn anything from a 1-month change (1 large sale will skew your results) - correlation is not causation

It's OK.  I just want to be happy.  My strategy is, 1 month off and then 2 weeks on, repeat.

732
Just checked my earnings report.  A year ago, only like 10-20% of photo sub sales were $0.10-0.14.  Now 50-90% of photo sub sales are $0.10-0.14.  That means more and more photo buyers on Shutterstock are buying the $199/month annual commitment package.  About 90% of all photo sales are subscription.

733
I'm going to disable photo sales on Shutterstock soon (again).  Just can't take this pain anymore seeing all those $0.10 sales and wonder how much I could've made if those were sold on Adobe Stock instead, even if the half of those were made on Adobe Stock, I would've made way more.  I feel like getting robbed.  It's not good for my mental state to see those $0.10 sales piling up daily.  It's not healthy.  I'd rather be happy not seeing those demoralizing numbers.  It'll be turning on and off my Shutterstock photo portfolio to see if I get one of those high price photo sales while I turn my photo port on.

734
Pond5 / Re: Pond 5 Sales & Discounting
« on: July 18, 2022, 06:20 »
It's not a discount when your "List Price" and "NLR' are the same price. 

735
I just need a couple of $100/download photo sale on Shutterstock to make it above $1/download this month.  lol.  Otherwise, I'll disable my photos on Shutterstock in August to see my photo sales on Adobe Stock will go up to the level before I re-enabled Shutterstock photo sales.  I suspect there is a co-relation there.

736
Right now it will be Adobe and pond5 where the pros upload.

I don't think professionals upload anywhere anymore.
AS has too few DL's and now also reduced revenues with the introduction of subscriptions.

And P5 was bought by SS, which is a reason to wait and see what changes there will be.
One change I could already notice: there were NO subscription sales in my P5 portfolio in June. Neither in my exclusive account nor in my non-exclusive account.
I can't believe it.
But I didn't receive any money, so I have to believe it.

There is also a technical change since july. P5 subscription sales are now showing in the dashboard, but only as $$. No indication of what media was sold.
Previously, subscription sales were nowhere to be seen.
I had to ask Pond5 by email, and then got the item numbers of the sold media.

Professionals still do upload.  But not top stock video creators based in US, UK and other high cost developed nations.  HotelFoxtrot, VIAFilms, AilaImages and Spotmatic all stopped uploading after Shutterstock video-sub rollout.  Big producers based in low cost eastern European countries are still uploading consistently.  One of those big names in high cost country just messaged me that it no longer makes business sense making stock videos. 

737
I just checked my Shutterstock photo sales from last year.  Revenue per a photo sale/download was constantly above $1 in probably half of months last year.  This month, it's less than $0.35 per download.  Everybody seeing the same trend now?  This is so demoralizing.

738
Pond5 / Re: no subscription sales at pond5 in june
« on: July 16, 2022, 07:00 »
Did you receive your revenue for subscription sales yesterday?
I have not received any revenue for my exclusive account and I have not received any revenue for my non-exclusive account.

This has never happened before. Except in the very beginning when I started with my portfolios.

It's weird.  I've never opted in any of my clips to subscription (membership) program, but I just saw on 7/15 a few subscription earnings of $30.80 each on Pond5.  How that happened???  I don't know.

739
Since I re-enabled Shutterstock photo sales this month, downloads on Adobe Stock are clearly down.  I understand low downloads on July 4th holiday week, but this week has been low too.  It may be due to summer holiday season.  I don't know. I don't want to turn off my Shutterstock photos, but in order to find out what the relationship between low price Shutterstock photo sales and Adobe Stock photo sales, I'll have to turn it off if this low downloads on Adobe Stock continues.  Shutterstock photo sales aren't much because of all the $0.10 sales dominating.  So, it won't hurt me financially.  I just keep it in hope of rare high price photo sales Shutterstock is good at that happens once in a while.  Day to day Shutterstock photo sales revenue is just sad and depressing to look at.

740
download is less than the lowest I get on Adobe Stock photo sales.  This is sad.  Majority of my Adobe Stock photo sales are above $1.  I enabled my Shutterstock photo sales this month, but now I worry these parade of dimes on Shutterstock is eating my Adobe Stock photo sales.  Once in a while, Shutterstock has high price sales.  So, I just hope that'll happen soon or I may have to make a decision to turn off my photos on Shutterstock and see if photo sales on Adobe Stock increases.

In my experience, turning off my portfolio on SS (or leaving my work there) didn't affect my sales on Adobe (or any other agency). Different clients, different preferences.

Thanks for your info.  I'll find out eventually.

741
download is less than the lowest I get on Adobe Stock photo sales.  This is sad.  Majority of my Adobe Stock photo sales are above $1.  I enabled my Shutterstock photo sales this month, but now I worry these parade of dimes on Shutterstock is eating my Adobe Stock photo sales.  Once in a while, Shutterstock has high price sales.  So, I just hope that'll happen soon or I may have to make a decision to turn off my photos on Shutterstock and see if photo sales on Adobe Stock increases.

742
You are assuming that they will leave the exclusives alone. But the recent track record of SS is that they just dont get it.

They want the high quality content and they want to sell it for cheap.

We will see, but I sincerly doubt the exclusive contracts survive into the next year. Why on earth would SS pay out 60% to the useless and ungrateful producers??

It is a constant threat to SS and people will continue to upload exclusively to pond5 over sending it to SS to sell it for 20 cents.

So, if their goal is to quash the competition, the exclusive contracts have to go.

ETA:

I wish Adobe would introduce exclusive file options. At least for video. They could build a strong producer community loyal to them.

Anything can happen in the future of course.  But I don't think Shutterstock will turn Pond5 into another Shutterstock.  There's no point in that.  Shutterstock lost a lot of video contents and ended up chasing those who left Shutterstock by buying Pond5.  Do they want to cause the mass exodus again?  I don't know.

743
What Shutterstock did was smart by buying Pond5.  Now they have all the stock videos they've lost since 2020 video-sub introduction.  They may gain many more in the future on Pond5 Exclusive contents if creators stop selling videos on Adobe Stock due to cheap video subs that may hurt decent price sales and overall revenue for each creators.  And if that happens, Shutterstock's regular video contents and Adobe Stock's video contents will be very similar to what Storyblocks have, lower quality videos.  And Pond5 exclusive will be the place for most stock video creators.

744
If this trend continues and get worse with more buyers taking advantage of video subs on Adobe Stock, my eventual solution will be the same as I did with Shutterstock.  I still sell photos on Shutterstock, but not videos anymore.  It's sad because Adobe is a great company with all the softwares I use all the time.

745
Adobe Stock / Re: Video Royalties To Drop
« on: July 07, 2022, 18:27 »
https://blog.adobe.com/en/publish/2022/03/23/adobe-stock-is-making-video-more-accessible-affordable

First, we know that stock video can be expensive, so we wanted to reimagine our plans to lower costs.

Sigh.

Nothing good comes out of "Reimagine".  Yikes!!

746
General - Stock Video / Shutterstock's new video pricing
« on: July 03, 2022, 07:48 »
I don't know when they changed this, but you don't see price on each video clips now.  Instead, you have to go to the "Pricing" page.  You can't just buy a single clip.  You have to buy 5 clips minimum.  Pricing at highest package is about $70/HD and $120/4k now.  And all other dirt cheap video sub etc that's depressing. How has your Shutterstock video revenue changed since they started pushing video subs?  What percentage of video sales are cheap video subs now?

https://www.shutterstock.com/pricing/video

747
How is this free photos good for us and Adobe's business?  Just curious how it can increase overall revenue for Adobe and us contributors.  I have a bunch of photos approved already.

748
This is good and as expected.  But what's next?  Maybe Pond5 clips appearing on Shutterstock instead.  Will they be available for Shutterstock video subs?  I hope not.  At least exclude Pond5 exclusive clips from Shutterstock video sub and make Pond5 exclusive clips for non subscription only, I hope.

I don't think p5 contributors will have their content in SSTK soon. During merge, the P5 CEO explained that they were not planning to do it.
I share Jo Ann vision. it's more a case of cutting resources of clips from primary business rival.

I think P5/Shutterstock wasn't planning to do it in immediate future.  After that, who knows.  This is bad for Pond5 contributors who price their videos dirt cheap like $25/HD.  I didn't have any of my clips on Adobe Stock via Pond5. So, it's all good.

749
https://petapixel.com/2022/06/29/shutterstock-is-pulling-its-over-30-million-pond5-assets-from-adobe-stock/

This suggests Shutterstock is trying to outflank its primary competitor by removing Pond5's videos. I guess stay tuned...

As they should.  I've never liked Pond5's GPP selling on Adobe Stock and Alamy.  Basically, the same market as Pond5 but we the contributors end up getting much less after Adobe Stock and Pond5 taking their % from sales. 

750
"Pond5 Collection Leaving Adobe Stock"

Can you give us more info re that, blvdone?

Are you a Pond5 video contributor?  Many of the Pond5 uploaded videos have been available on Adobe Stock as a part of GPP (Global Partnership Program).  Since Shutterstock bought Pond5, it's a natural course of action to take Pond5 clips off the Adobe Stock and maybe many other GPP sites such as Alamy etc.  Email from Adobe Stock as follows.

"Hello Stock Customer,

We are reaching out to you to inform you that Pond5 is no longer an Adobe Stock contributor, and therefore the Pond5 footage collection will be removed from Adobe Stock in 30 days (July 29, 2022).

If you currently have Pond5 video clips in your license history, please re‑download them by July 29, 2022, after which you will not be able to access any Pond5 video clips on Adobe Stock.

Thank you for being a valued customer,

The Adobe Stock team"

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