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Adobe Stock / Re: Opt in option for Adobe Stock Vectors and Illustrations in Free collection
« on: November 29, 2021, 18:15 »
And the free section is now over 1 million items...
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to. 726
Adobe Stock / Re: Opt in option for Adobe Stock Vectors and Illustrations in Free collection« on: November 29, 2021, 18:15 »
And the free section is now over 1 million items...
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Adobe Stock / Re: Opt in option for Adobe Stock Vectors and Illustrations in Free collection« on: November 29, 2021, 11:55 »
Looking at the counts of various types of content, it appears there are lots of new illustrations and vectors in the free collection this morning.
Compared to my last check November 15th, vectors have jumped to 112k (seems to vary by which sort order you pick) ![]() 728
General Stock Discussion / Re: Freepik about to be acquired by investment/private equity firm EQT« on: November 28, 2021, 22:27 »
Via a newsletter about industry stuff I saw that Freepik was recently celebrating their 500,000th premium subscriber. In SS's October Q3 financials, they reported "Subscribers increased 32% to 336,000"
https://www.freepik.com/blog/freepik-company-marks-milestone-with-500000-subscribers-cements-position-as-global-market-leader-in-stock-imagery-and-graphics/ According to the press release, 20% of Freepik's premium subscribers are in North America. Premium costs about $120 per year for "unlimited" downloads - which means a maximum of 100 per day according to the fine print (and why they call it unlimited in that case is baffling). They pay contributors 50% of the daily revenue divvied up by number of downloads, so potentially very, very low per-download amounts given how cheap their subscriptions are. 729
General Stock Discussion / Re: Understanding what sells and why based on different companies« on: November 27, 2021, 20:01 »... Do you think any favoritism as well? For some reason I just don't seem to fare well on SS. Maybe I am over thinking this matter Not sure what sort of favoritism you had in mind, but various theories about preferences for people or groups have been around since I started with iStock in 2004. When I was first with Shutterstock (same year) Jon was writing code as well as inspecting images and keeping the site running and growing was just about as much as Shutterstock could manage. Once iStock started exclusivity, they were quite open about preferred placement for exclusives, but even then, they needed to keep the site appealing to buyers and that limited how much preferring they could do. There were some of the lesser sites - Deposit Photos comes to mind - where they offered me preferential placement in search results and a boost up to a higher level if I'd upload my portfolio. I said no, because that seemed (a) such a terrible idea from a buyer's point of view and (b) a very short term perk as they'd be offering that to others who came after me who'd then push my images down in favor of theirs. I have no idea if they ever actually did rig the search - they could have just said they would and not follow through. Years back Shutterstock did a deal for content with some large factory-like group and I remember another contributor being angry (via the SS forums) that Jon was betraying the contributors who had taken the agency that far by diluting their content's exposure in the collection. Jon didn't buy that and talked about growth benefitting everyone. Sometimes I think the pollution of the Shutterstock collection by removing the 7/10 admission criteria and accepting almost anything just to boost the collection size was a terrible anti-contributor move. Not secret or behind the scenes, but it really made it hard to maintain sales growth. When SS started doing corporate deals where the license terms and prices weren't transparent any more (and contributors asked) it wasn't clear what the selection criteria were for things shown to the corporate customers. The large SOD sales lifted overall RPD so it was a big part of making a decent return. I know when Fotolia started in 2005 it was surprising to see what became a best seller there compared to the other agencies - possibly in their case it was how well they did in Europe because they built translated versions of their site so buyers didn't have to mess with everything in English. Bottom line is that you can't do anything about any of the behind-the-scenes stuff, so there's not much point in fretting. Focus on your content and good metadata; keep an eye out for the agencies and their business practices though ![]() 730
General Stock Discussion / Re: CanStock are REALLY rubbing it in...« on: November 27, 2021, 15:50 »
That notice is really pathetic - I hope it's a bug.
But you should just give CanStock a miss - they don't sell any more, so in a way, you'd feel even worse if they accepted your content ![]() 731
General Stock Discussion / Re: Understanding what sells and why based on different companies« on: November 27, 2021, 15:43 »
The intersection of each agency's placement decisions (default search order, secret sauce algorithms for "best match"/"most relevant"/"relevance") and the sheer dumb luck of timing of initial purchases.
If you catch a wave (with a decent image; there's always a need to have reasonable content), sales beget sales (largely because that boosts placement at most agencies). Everyone who licenses content would like to reverse engineer how sales are made, but my experience is that while there are some public guidelines - like Adobe's emphasis on the first 10 keywords or Alamy's starred keywords system - most of the necessary information is considered proprietary. 732
New Sites - General / Re: EyeEM Earnings« on: November 26, 2021, 22:26 »I know this thread is old, but i wanted to share this one with you: (see attached image) I left EyeEm in January 2021 over their change in royalties and the significant drop in royalties. I think at that point, the lowest royalty I had seen was 21 cents - at the time, it seemed outrageous ![]() Unless you're seeing some reasonable number of high royalty sales to balance out this one-cent-wonder, why stay? 733
Adobe Stock / Re: Adobe Stock Sales are so slow this days« on: November 24, 2021, 15:40 »
That made me curious. I have an image that sells well this time of year and I checked its position for the countries you checked, plus a couple: Netherlands, USA, UK, Canada, Germany, Spain, France, Italy, Russia. It was in the same position for all countries. I tried a different search (non-seasonal images) where I have several images that are generally high on the first page and there I did see a difference by country. The images were all shot in the US, but have very high positions in the other countries too - but which ones are higher varies, and although there were many of the same images showing up, the results were more varied that I'd have guessed. It did not seem that the country in which these were located (outdoor scenes) was the driving factor. Other than recent sales are higher or lower and that drives position changes, I'm not sure what else could be at work. 734
Adobe Stock / Re: suggestions for improvement / wish list« on: November 19, 2021, 13:30 »You can search your public profile (accessible via the contributor dashboard: contributor account -> see my public profile), get the file-id from there, and paste it in the search field in the contributor dashboard again. Hoover over title or keyword fields and the edit button appears. Not an efficient way to do it, but it's possible. I'm well aware of that cumbersome workaround, but if you want to make a change, or add to a collection, all images with one or more keywords, a workflow that's more than inefficient. And if that were a good enough solution, then why bother with the search by keyword from the contributor side? Hence my description as barely useful - I didn't say it wasn't possible. 735
Adobe Stock / Re: suggestions for improvement / wish list« on: November 18, 2021, 18:41 »for me as a user with a portfolio over 200.000 there are some workflow issue on the contributor site so here is my fix / wish list I am a small contributor, but there are many, many things about the contributor interface that need to be worked on - both workflow and stats. Adobe has done next-to-nothing with the contributor interface (other than shutting down the Fotolia stats), and most of the things they have changed/added haven't been what contributors asked for. As but one example, contributors asked to be able to search their portfolio (on the contributor side) by keyword. Adobe implemented search by file number which is barely useful. Until Adobe shows any interest in improving the contributor interface, giving them more lists seems a waste of our time. Possibly if you can get some other important contributors together you can gain some traction, but I don't think the problem is a lack of ideas about what to do. Sales there are good and royalties are reasonable, so there's that ![]() 736
Adobe Stock / Re: Payout query« on: November 15, 2021, 20:24 »
It's $25 but you have to request it. It also has to be more than a month & a half from your first sale and can't be done if you currently have a pending payout.
https://helpx.adobe.com/in/stock/contributor/help/getting-paid.html I request my payout monthly (given that I know Adobe's good for the money ![]() 737
Alamy.com / Re: Alamy Demographic Survey« on: November 15, 2021, 11:18 »...Any thoughts? My first thought was that I couldn't see how this could in any way be an assist in marketing the agency - they are licensing images, not the contributors who created them. My second thought was that none of that information was any of Alamy's business. My third thought was that it was a totally harmless set of information and that on balance, contributing to their time-wasting exercise wouldn't take long. So I completed the survey knowing that I was of zero help to them as I'm white, old, not disabled and in most other respects boringly mainstream ![]() 738
Shutterstock.com / Re: SS annual plan fraud« on: November 12, 2021, 11:26 »
Your title says "annual plan". If you did sign up for that, their terms clearly say that although you can cancel during the term of the subscription, you'll be billed until the end of the annual commitment. If you don't turn off auto renewal, then as far as I can see they are legally within their rights to continue the subscription to a new one-year term when the first one ends.
https://support.shutterstock.com/s/article/How-do-Shutterstock-Image-subscription-plans-work?language=en_US I agree that their tactics are really sleazy, but that doesn't amount to fraud (and I'd be very circumspect about using terms like that as you don't want to find SS's lawyers suing you for defamation). I very much doubt any lawyer would take this case unless there's some deceptive practices legislation related to consumer transactions that this type of behavior runs afoul of. I understand the anger, but you will just be tossing your money in the shredder if you try and pursue this legally, IMO. You could try public shaming via social media, but be very careful to choose your words. And if you're a current contributor, that may well get your contributor account closed. They can do that at any time, for any or no reason. 739
General Stock Discussion / Re: How do I contact a contributor?!?!« on: November 12, 2021, 10:56 »Shutterstock sometimes has Instagram or website links in the bio, but that's probably your only option. If their work is on Dreamstime, you can send a comment from one of their images to the contributor. iStock used to let you site mail contributors, but that was long ago. I can often Google someone to find a twitter account or some other presence outside of an agency (although you need to be sure it's the same person, but many contributors promote their work via social media). Or do a Google image search on one of their images to see if anything useful turns up. If the agencies would leave metadata in the images, it'd be easier to track artists down, but that is obviously why most of them delete all of it (and Adobe Stock keeps most of it, but not the URL link for copyright information) 740
General Stock Discussion / Re: Alamy Revised Contract, More "Good News"« on: November 10, 2021, 16:37 »
As I saw yet another 21 cent (gross) sale yesterday, I thought I'd take a look at my Alamy earnings by their July 1 - June 30 fiscal year over time to see if this gnat-sized sales might make meeting the $250 gross threshold an issue for me.
I went back as far as July 1 2012 - June 30 2013 because I had previously only had RM sales at Alamy (a legacy of having been an iStock exclusive for a while). Total value of sales have been trending downwards over time (not a surprise), but I looked at the average value (gross) per sale for each of these fiscal years - ranged from a high of $113.20 in 2015/16 to a low of $6.58 this year! So we're not even half way through this fiscal year yet, so it may be that the average will go up between now and next June 30th, but the current situation looks pretty dire. Looking back, it has taken from 2.5 to 5 (roughly) sales to make the $250 gross threshold to keep my current 40% royalty. If the year to date pattern were to hold, I'd have to make 38 sales to get to $250. That's quite a change, and I'm not seeing any wonderful increase in volume at Alamy. I have some time to think, but I can't see accepting my royalties being cut in half as a result of Alamy's decline as an agency. 741
Shutterstock.com / Shutterstock partners with Staples (US office supply company)« on: November 09, 2021, 16:41 »
https://investor.shutterstock.com/news-releases/news-release-details/shutterstock-and-staples-us-retail-join-forces-power-new
I dug around on Staples' site and found some details. It's a one-use license for $1.99. You get charged again if you re-order the project. You can't use the image in any off-site projects (see the screen capture). If the no reuse policy is enforced, and if Shutterstock contributors get their percentage on the full $1.99 price, this could be a decent deal for contributors. 60 cent royalty for a single use (at the 30% royalty rate). I have no idea how popular Staples own design services are - possibly if the bulk of customers already use Canva, it's not clear how this partnership will pry them away to switch over. This brief rundown on Staples - I didn't know it had been acquired by a private equity firm - says its sales have been falling sharply as customers move to online outlets, so perhaps only a modest impact for Shutterstock contributors. https://www.statista.com/topics/2114/staples/ 742
Alamy.com / Re: Alamy DACS« on: November 04, 2021, 14:51 »but other than balances that have never cleared has always added up eventually.But in this case the amount is already listed as "cleared", but hasn't been added to the sum of my cleared balance. My "Current Cleared Balance" - as shown on the dashboard - has increased by the amount of the DACS payment. Possibly some sort of bug? My balance was about $1 under the threshold; shame they waited until after November 1 to post the DACS money ![]() You could wait a day or two or write to support - I think only they can tell why. 743
General - Top Sites / Re: How real time are sales on the big three?« on: November 04, 2021, 11:59 »...I'd like to see lifetime earnings or lifetime downloads for images, how do I do that? It's been asked for many times, along with other contributor stats features, but nothing so far... 744
Alamy.com / Re: Alamy DACS« on: November 04, 2021, 10:47 »I got 3 listed, Does anyone know if Alamy is taking 60% of DACS that they collect now? If so I should figure out how to apply for it myself, for 3 figures I can spend a few hours applying. "Q. I dont understand clause 28 of the contract A. This clause confirms we can claim a share of royalties for secondary uses of your images from collecting societies such as DACS. We will pay you a 50% share of these royalties after recouping our administration charges of around 1 per claim." From https://www.alamy.com/contributor/faqs/most-frequently-asked-questions/?section=9 My total this year was $33.11 (in two separate line items; not sure why). The money would have to be much more for me to want to set the calendar reminders and spend time filling out the paperwork. I think a 50% share plus 1 per claim is pretty outrageous (I could see a minimum for administration fees, but to take a flat fee plus 50% takes chutzpah, IMO), but I'm not motivated to take on the task of applying 745
Alamy.com / Re: this license« on: November 02, 2021, 12:32 »So when should I contact Alamy about sale being not reported. I found one of my images on Buzzfeed, article is from June 27th. So it's now been more than 4 months and still not reported? I'm glad you received confirmation that they need to get this billed, but more importantly, they need to get you paid for this use. My experience with the delay between billing and payment is that it can take months. Given this customer just "forgot" to acknowledge a use 4 months ago, I wouldn't assume prompt payment once it's billed. The good news is that there's no worry about Buzzfeed not being able to pay ![]() If you didn't already reply to customer support, I'd suggest writing back now. First, thanking them for their confirmation of the download, but then pointing out how long it has been since the use of the image and suggesting that "as soon as possible" is too vague. That you need Alamy to make getting you paid for this a priority, given their error in the usage being ignored for so long. It wouldn't be unreasonable to have an automated system that sends notices to customers who download images and after (let's say) a month, don't report a sale. There could be boxes to check for "Didn't use" "Oops, forgot to report it" and "Project ongoing" so it'd be simple to manage. For a genuinely forgetful customer it'd be an assist, and it'd put all customers on notice that Alamy does expect them to pay if they use images. I would cut Liz's suggested time to every couple of weeks until you get paid. 746
DepositPhotos / Re: Vistaprint and Depositphotos changes« on: October 28, 2021, 11:15 »
At the end of the email it says that personal data will be shared with and processed by Cimpress plc
https://cimpress.com/ This is the group that owns VistaPrint. Not sure what their statement about who they are really means, but it says: "Cimpress plc (Nasdaq: CMPR) invests in and builds customer-focused, entrepreneurial, mass-customization businesses for the long term. Mass customization is a competitive strategy which seeks to produce goods and services to meet individual customer needs with near mass production efficiency. " Here is their press release about the acquisition https://ir.cimpress.com/news-releases/news-release-details/vistaprint-evolves-full-service-design-digital-and-print-partner From their Q1 2022 results, posted October 27, here's a quote about how they see Deposit Photos fitting in to their plans: "Made important strides toward delivering full-spectrum design capabilities and improving our digital relevance through continued integration of and investment in 99designs by Vista, expansion of our design help services, the signing of our strategic partnership with Wix for digital presence and commerce enablement, and the acquisition of Depositphotos and its subsidiary Crello that closed on October 1, 2021. This acquisition brings content and tools that enable businesses to create DIY designs for social media, which we have rebranded VistaCreate at vista.com/create. Strengthening our capabilities in these areas will allow us to provide a broader range of design services and digital capabilities that our customers want, but importantly also support the growth of our printed marketing products, signage, apparel and packaging, and opens up the opportunity to introduce subscription offerings packed with value for our customers. " Everyone wants to be Canva ![]() 747
Shutterstock.com / Shutterstock Q3 financials: revenue up but profits down« on: October 27, 2021, 17:53 »
On Tuesday, Shutterstock announced their Q3 results and on several measures beat Wall Street's estimates. Stock ended up for the day. Today (Wednesday) there was some sort of anxiety and the shares ended at 117.44 (-$6.87 or 5.53%). In general, management's actions have kept Wall Street happy and that's still much higher than a year ago.
https://investor.shutterstock.com/static-files/086ac986-a1de-4ef2-bf06-3c177314a566 https://investor.shutterstock.com/news-releases/news-release-details/shutterstock-reports-third-quarter-2021-financial-results https://www.fool.com/earnings/call-transcripts/2021/10/26/shutterstock-inc-sstk-q3-2021-earnings-call-transc/ Shutterstock didn't include PicMonkey's numbers yet. The Enterprise Channel has apparently risen from the grave and grew by 17% ("... bookings momentum and great performance at Shutterstock Studios"). They noted increase sales commissions to go with the Enterprise growth. Gross margin improved by another 0.7% - they noted a gradual return to paid downloads but said it didn't impact their gross margins (I assume because of the lower minimum royalties, but they didn't say why). They changed their guidance for the end-of-year numbers including this comment "Revenue of $765 million to $770 million representing 14.75% to 15.5% annual revenue growth. ...annual margin expansion of 100 to 150 basis points above our previously provided range of 100 basis points of annual margin expansion." Any time they talk about increasing gross margins by 1% to 1.5%, contributors should look out for reduced royalties - contributors are the cost of goods and thus need to be shrunk ![]() They now have a FLEX subscription on the web site - think cut price on-demand packages (but you have to be careful to cancel as it will renew each month if not). You get 25 points per month - Images are 1, Videos are 8 and Music is 4. With no annual commitment, an image costs a buyer $2.76, versus $9.80 for an on-demand product. Not sure how a video for $22.08 will appeal to video contributors - compare that to $71.80 for an HD clip or $119 for 4K (with subscription). From their support page, "FLEX 25 comes with no restrictions on image size or footage resolution, however, it currently excludes Select footage and PremiumBeat." There was lots of frothiness about Creative Flow and its components - Shutterstock.AI...blah, blah...content organization...blah, blah...create and collaborate. Also larger and faster-growing TAMs (total addressable markets) including "... the $8 billion TAM for creative applications". They want to transform Shutterstock "...we should be able to accelerate our growth beyond the stock content market segment" In the earnings call, questions were about slowdown of the growth rate and Stan deflected with some words about their data business to "... generate a pipeline around image recognition and data products, particularly for platforms that are building artificial intelligence models". A question about Creative Flow was what users were asking for and how did this compare to competitors. Stan Pavolovsky's answer is primo content free corporate speak: "So, if you can take millions of pieces of content and take that down to a handful based on recommendations, tied to our first-party data, that's an incredible win for our customers. And so the acquisitions we did as part of Shutterstock. AI in addition to our existing image recognition data is allowing us to launch these products with the recommendations, with content recommendations. And so that's really the kind of what we call the secret sauce to how we're transforming the company. But effectively. It's, we are moving into our customers' workflows with tools centered around storage, centered around planning, centered around image our editing, but we're doing it all with recommendations upfront." They were asked about the new FLEX subscriptions and how those have performed and why introduce more. The CFO said that they were seeing increased "wallet share" especially from enterprise customers. Another question was whether any of the other market "headwinds" - advertising, supply chain, etc. - were affecting Shutterstock's markets. CFO said not really. And I've done a Q3 chart showing changes from a contributor perspective. Overall downloads are still down (they report them as up because they're comparing to Q3 2020, not all time) and royalties down on an all-time basis, but up 0.1% compared to Q2 2021. But compared to Q3 2020, even though the revenue per download rose nearly 11%, contributors' share (royalties) declined by 0.02% 748
General Stock Discussion / Re: Alamy review: the highest comissions in industry« on: October 26, 2021, 10:37 »
Your piece reads like PR from Alamy, not a review from a contributor's point of view.
I've been with them for a long time and will easily keep the Gold royalty rate, but Alamy (for me) is not only a shadow of its former self but a minor income producer. Admittedly I'm miffed this month that I started to see the sales that were 21 cents gross royalty - 8 cents for me! Even the "big" sales are now more likely to be $19.99 (gross sale). Whereas once the large sales were (gross) $250 or so, the last time I saw one of those was in May. As far as I can see the acquisition by PA has done nothing for sales volume. It is misleading to say that sales are posted in real time - a customer download and use doesn't count as a sale, so you can (and I have) founded uses of my images that weren't yet shown as sales. It's only when the customer reports the use to Alamy (or a contributor chases them up to find out why a use of an image, credited to Alamy, hasn't shown up in the sales list) that it's a sale and posted. And they also have a policy (as I found out when chasing up a sale that hadn't cleared after 6 months or so) that they don't pay contributors until an invoice is fully paid by the client, so for the "large" customers, that can mean really long delays in contributors receiving their money. 749
General Stock Discussion / Re: Envato Elements?« on: October 26, 2021, 10:23 »
Do a search for Envato Elements. There are lots of threads about it from the last few years. I left Envato before they set up Elements so I don't have any personal experience to offer, but do consider that the special offer is only for 90 days, and not permanent.
Lots of sites (including Canva; their boost was for 6 months) have used temporary earnings boosts or guarantees to entice contributors into a new royalty model. If you are concerned about your income from that site over the long haul then try to figure out what the income might look like after 90 days. 750
General Stock Discussion / Re: This month's sales« on: October 24, 2021, 12:49 »...Had 50 sales today and still only a single digit earning amount.... I'm guessing it was less your expression than disbelief that the total could be so low ![]() You were very close - it's typically "single digits" plural - as in "Had 50 sales today and earnings were only in the single digits" Margin optimization (Shutterstock-speak for cutting contributor's royalties) has meant: 50 new subscription sales at the current 10 cent minimum = $5 50 old subscription sales at the old rate of 38 cents each = $19 (it would even have been $12.50 at the starter royalty of 25 cents) |
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