MicrostockGroup Sponsors
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.
Messages - Jo Ann Snover
Pages: 1 ... 26 27 28 29 30 [31] 32 33 34 35 36 ... 291
751
« 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.
752
« 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-partnerFrom 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
753
« 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-bf06-3c177314a566https://investor.shutterstock.com/news-releases/news-release-details/shutterstock-reports-third-quarter-2021-financial-resultshttps://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%
754
« 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.
755
« 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.
756
« on: October 24, 2021, 12:49 »
...Had 50 sales today and still only a single digit earning amount....
Yes, under $10 for 50 sales was what I meant. Sorry, English isn't my first language, maybe you don't say it like this in English.
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)
757
« on: October 18, 2021, 16:19 »
... I wonder what Shutterstock does with the money from a closed account with stolen photos. Would they pay back the customer who bought the photos, or compensate the people whose photos were stolen? 
... I don't think they pay any compensation to the copyright owner. I assume that they just keep the money. In many cases you can find an identical image in four or five portfolios. There were lots of those examples. How would they know who took the Image. Especially in the case when the person who took the picture doesn't even offer at shutterstock - that also happens often enough. I have also never read or heard that a contributors was compensated. [/quote] I used to be with Shutterstock (contributor #249) and recently had to contact them about a photo of mine that had been uploaded to SS by a thief. In my contacts with SS I asked for an accounting of how many times it had been sold and how much I was owed as royalties. The image was marked as "Commonly used" when in the thief's portfolio. I have never heard of them compensating the owner in the case of theft, but figured it couldn't hurt to ask. That image was in my SS portfolio before they closed it (and I suspect they still have all the records of my account and portfolio), so there's no issue about who owns the image. As you might expect, I have not received an accounting and I haven't been paid anything
758
« on: October 18, 2021, 16:12 »
...
So do you want swift justice for the ones you don't like, or careful investigations, even though it means some turd has all stolen images? Seems like this case took less time than others where SS made a mistake and reversed their decision. Balance...
For a contributor who has been with them for more than (let's say) 1 year, what I would expect is that Shutterstock would contact the contributor to say an ownership issue had been raised about one item in their portfolio and could they please provide (specify what evidence they'll accept) to verify the ownership of the item. SS doesn't pay out on request, but they could mark the account to withhold monthly payments until the issue is resolved. If the contributor doesn't respond to the request promptly, SS could suspend the account (i.e. nothing will sell) until they do get a response and after (let's say) 4 weeks, close the account if there's still no response. The majority of the scam accounts occur with new contributors, not with people who have been with them for a long time. Not to do existing contributors the courtesy of asking about a questionable item before allowing an automated process, or a human complaint is not reasonable or fair. I suspect that SS takes this route because they are trying to cut their costs wherever possible and having human inspectors or a reasonable contributor support process costs money.
759
« on: October 18, 2021, 12:12 »
I would like to say that my account has been restored following their investigation.
Thanks everyone for the messages and I guess it's worth waiting a few more days before truly panicking and reaching out to the forum...!
Very glad that there was a positive outcome. It might help for future readers if you changed the title of the topic - perhaps to something like "SS account suspended with no notice, but restored after leisurely investigation"
760
« on: October 16, 2021, 12:25 »
That stinks. I have found (and bear in mind that Shutterstock threw me out last year over my social media campaign over the royalty cuts, so this isn't a quiet route) that public shaming on Twitter over something like this can help. A month or two back, I sent them mail and then DMCA notice about a portfolio full of stolen stuff (including one of my images). They did nothing until I took to Twitter and then miraculously - and I sure totally by coincidence - they took the portfolio down. Be careful in how you word things so you don't libel them (no sense in giving them any more ammunition). At the very least, you should be paid your earnings. Edited to add, if you don't mind going public about this cockup of theirs, I'm happy to tweet about it too if you want. There's not much they can do now they've closed my account
761
« on: October 15, 2021, 22:31 »
This nonsense of 21 cent "gross" license prices became real for me today - three licenses, each at 21 cents with my net at 8 cents each. Even the sad sack Shutterstock pays better than that!
I can get my head around high volume subscriptions with low per-use royalties and a minimum payment to contributors - what Shutterstock used to do before they switched to pandering to the stock market. But Alamy is so low volume for sales that the 40% with no minimum royalty plus a massively long wait for sales to clear is a terrible package.
If these pathetic royalties increase (or if the higher royalty sales decrease too much) it may be time to bid Alamy farewell.
762
« on: October 11, 2021, 11:43 »
any news about vectors ?
Regarding the stats I shared above, vectors are just over 20% of the total collection and 3% of the free section. In other words, vectors are under-represented in the free collection, which has to be overall good for vector artists. I don't submit vectors to Adobe Stock, so I'll leave it to others who do to comment on the state of sales. Earlier in the year, some vector artists were saying that vectors didn't sell as well at Adobe Stock as other sites (and that was a reason many were sticking with Shutterstock even after the royalty cuts). When the Free section started last October, it was just over 77,000 in total with about 14,900 vectors - so vectors were about 19% of the free section then.
763
« on: October 10, 2021, 15:54 »
Shutterstock (and other sites) have broader license that sell for 22 cents, so it's not clear what "too low" means given the current market.
Alamy's days as a higher end, RM and RF agency are long behind it and they're selling microstock-priced licenses these days. I haven't had anything that low there, but I know I've heard others complain of this type of under $1 license, so it's not unprecedented.
764
« on: October 09, 2021, 23:11 »
I'll offer an addendum to my earlier post - about the value of "custom" sales over time. Not all that surprisingly, the royalty amounts are dropping compared to 2020 and 2019 even though the volume of custom sales is rising.
It's not easy to look at details because Adobe Stock has very few stats tools for contributors, but I did a little checking on my royalties and saw that the double-digit custom sales have disappeared in 2021 (in 2019 I had a couple of $60+ royalties on custom sales) and the $9.x or $8.x custom royalties are largely a thing of the past too.
Custom sales volume was up about 60% in 2020 over 2019 and 50% in 2021 (so far) over all of 2020. However the royalties that were $4 and up in 2019, $2 and up in 2020, are $1.80 and below in 2021 (seeing lots more recently in the $1.5x range).
I realize that there's price pressure because of competition, various free collections (including Adobe's own), a weak economy because of the pandemic and a huge supply of content. But when you look at a bundle of 20 custom royalties in 2019 that netted me $95 and compare that with a 2020 bundle of 20 that netted me $36, it makes it really clear how much royalty erosion there has been in just a couple of years.
765
« on: October 06, 2021, 13:59 »
Yeah man, I only sold one image in one month! This free convention seams to have backfired...
I'm no fan of the Free section (which started out at 70,000 a year ago and is now over 878,000), but I have not noticed it eating into my sales. Not sure what type of media you license - mine is almost all photos - but that might make a difference. People from some countries have seen big drops after Adobe started handling "regions" differently and excluding large chunks of the collection - there's a thread about that here if you want to read the details). Looking at my September 2021 compared to Sept 2020, Adobe stock sales were up 37%; even if you compare 2021 to 2019 (i.e. pre-pandemic), my sales were up 32%. My portfolio hasn't grown much (i.e. this isn't about a vast increase in size). Long term, I think the free section is a very bad thing for contributors, especially of photos. Short term, I'm doing OK.
767
« on: October 01, 2021, 13:53 »
Continuing the 'Hummer' thread from the SS forum which will soon expire in late October. Hopefully, there will be some wildlife discussion here and all manner of other topics too. And also a place for people from the old SS forum to hang out.
For those of us who were not regulars on the Shutterstock forums, could you outline what the topic/purpose of the Hummer Thread is?
768
« on: September 30, 2021, 15:39 »
I misread the title at first - I thought you'd been "murdered" (banned) in the Shutterstock forums
769
« on: September 29, 2021, 20:37 »
For anyone who's not keeping a tally of how large the free section now is, with this latest increase, it now totals 873,762 items, 825,371 of which are photos. Photos represent just shy of 64% of Adobe's entire collection, but in the free section, photos are over 94% of the total. Either that means photos are popular with Adobe's users, or it's that photos are now the loss leader and it's the other asset types that Adobe hopes will continue to make money. Or something else entirely  Vectors, for example, are 20% of the entire collection but only 3% of the Free section; videos 8% and 1% respectively. In addition to work from existing contributors, I see more new artists who only have work in the Free collection - I assume where there is a niche they see as unfilled? Oct 20, 2021: Edited to add that the free section is a little smaller, I assume because the year is up on some of the original content and it has returned to the main collection. Today, the total was 831,910 - 792,820 photos and 18,583 vectors (down about 8,000). Illustrations were about 20 fewer and videos about 1,300 fewer.
770
« on: September 28, 2021, 11:21 »
In 2017, I switched to a Fuji (currently have the XT-3) as I wanted to cut the weight of what I was carrying around. I've been very happy with the image quality. I had previously used Canon for decades - wasn't unhappy with the quality, but sold all the gear and lenses and started afresh.
771
« on: September 21, 2021, 12:03 »
In addition to the problem of getting totals, with royalty free licenses, you have no way to map total downloads to total uses. One license could mean many hundreds of uses if it was a large company using the image in many ways over a long period.
With rights managed licenses, you can answer those sorts of questions, but I'm assuming you are licensing RF, not RM.
Also, for them to copyright or get a registered trademark for their logo, using work that was previously licensed as RF may pose legal problems.
772
« on: September 20, 2021, 16:24 »
By tracking average revenue per download we should be able to see that...
Part of it. What we can't see, except via their quarterly earnings reports, is if their revenue is increasing as a result of their changes in product offerings. What would not be good, for contributors anyway, is for their income to go up without ours also going up by a similar percentage.
773
« on: September 19, 2021, 15:22 »
Rather odd for support to backtrack on their initial answer, but I did a Google search and Bogdan Dudko is the sales team lead at Deposit Photos according to his LinkedIn profile https://www.linkedin.com/in/bogdan-dudko-7a654b6b
775
« on: September 18, 2021, 10:34 »
I had some 38 cent purchases in September - I think it's the date the buyer purchased their subscription that counts, not when the image is actually downloaded. DT's page on their charitable programs says the Covid uplift for contributors ran through the end of August 2021 https://www.dreamstime.com/supporting-community
Pages: 1 ... 26 27 28 29 30 [31] 32 33 34 35 36 ... 291
|
Sponsors
Microstock Poll Results
Sponsors
|