Quote from: luissantos84 on May 27, 2012, 16:27

Quote from: wakecrazy on May 27, 2012, 16:25

Quote from: luissantos84 on May 27, 2012, 16:13

Quote from: wakecrazy on May 27, 2012, 07:39
Just to let everyone know, we made some updates to the project (outlined our updated base contributor rate, etc...)

http://www.indiegogo.com/creativewarehouse

nice job, looking forward to see it live

The project is live

I got that, will we get there? 50k?

Lol it was a play on words now that I look back. I read it as live not as live (as in alive).

To answer your question, if we can get this viral I think we can raise $150k plus. It just has to have everyone onboard.

There is a news station in San Diego that might pick up the story and broadcast it. They want to cover a story about crowdfunding and I have a couple connections there.

Quote from: luissantos84 on May 27, 2012, 16:13

Quote from: wakecrazy on May 27, 2012, 07:39
Just to let everyone know, we made some updates to the project (outlined our updated base contributor rate, etc...)

http://www.indiegogo.com/creativewarehouse

nice job, looking forward to see it live

The project is live

Just to let everyone know, we made some updates to the project (outlined our updated base contributor rate, etc...)

http://www.indiegogo.com/creativewarehouse

Quote from: cthoman on May 25, 2012, 03:47

Quote from: wakecrazy on May 25, 2012, 03:19
I guess I'm not sure what you're asking. But are you saying the lowest contributor rate should be 50%? I totally understand about those agencies saying different things. I'm curious to know if any of the stock sites have been built by contributors?

I think he is saying 50% would be a good starting point. 50% is generally considered a fair rate, and many agencies offer that now. I really don't look at many new agencies to submit to unless they offer that (among other things). I know of a few agencies that were started by microstock contributors, and many contributors run their own personal sites (mine is in my signature). I guess in a way most of microstock was built by artists (both as owners, buyers and contributors).

That really is a great point. Well to be honest, all of your points are great. I really enjoyed looking at irockstock, I didn't realize that was run by you. You should be very proud. I really do appreciate all the feedback. I've just felt a lot of frustration from other contributors on big sites like istock and we all wanted to band together to actually make a difference out there. I do have several people involved in this, but again, they couldn't risk losing their exclusivity until this is a functioning site. You have to pay the bills at the end of the day you know?

Quote from: luissantos84 on May 25, 2012, 03:23

Quote from: wakecrazy on May 25, 2012, 03:19

Quote from: luissantos84 on May 25, 2012, 03:13
$150 For the Contributor

You will receive a 100% royalty rate for your first 100 sales.

how long till those 100 got into our account?? 

seriously pull the base for 50%, I am sure you know many new agencies "giving us" those numbers, best of luck

I guess I'm not sure what you're asking. But are you saying the lowest contributor rate should be 50%? I totally understand about those agencies saying different things. I'm curious to know if any of the stock sites have been built by contributors?

there is warmpicture, irockstock.. again my question is when will you return my 150$?

I would expect to see a return within the first month of the site being live. It also depends on how many images you load. The larger your portfolio, the faster you will be able to make that back (and more). For example, 100 downloads at an example price of $5 is $500, so you made more than double the original $150.

Quote from: luissantos84 on May 25, 2012, 03:13
$150 For the Contributor

You will receive a 100% royalty rate for your first 100 sales.

how long till those 100 got into our account?? 

seriously pull the base for 50%, I am sure you know many new agencies "giving us" those numbers, best of luck

I guess I'm not sure what you're asking. But are you saying the lowest contributor rate should be 50%? I totally understand about those agencies saying different things. I'm curious to know if any of the stock sites have been built by contributors?

By the way, if anyone has Linkedin, feel free to add me as a connection.

Quote from: cthoman on May 25, 2012, 02:34

Quote from: wakecrazy on May 25, 2012, 01:54
Although the royalty rates are direly important for a contributor, by saying that the lowest we pay out is 35% is really for the contributor who just uploads stuff for the sake of uploading it, with no tie to our community.

I'm not really sure what that means either, but I guess there is not much point in speculating or guessing. When do you think you will have a functional site?

I really want to build this thing with everyone on board, so again, I appreciate all the comments. If you all don't think that having a scale based on involvement would work, that's fine, let's figure out something that will.

As far as a functional site, the firm building the website has begun Phase 1 and should be complete in the middle of July. Phase 2 is the development of The Showcase piece, which will be wrapped up by October.

Quote from: Tabimura on May 24, 2012, 20:31
Nope, not interesting.

35% too low to attract anyone, even if you'd pay for uploading.
Then, I don't think you can make it. What do you offer to the buyers to attract them? Take a look at Stockfresh, people are starting to lose faith in them and some of them pulled their ports from the site (myself included). And this was started by the same guys who created Stockxpert which was great.
The video started boring and I couldn't watch it to finish. What's this, a microstock 101? We already know what it is, we've been at this for years. Why is the kid in the clip gesturing all the time and all the same?
You have to do better than this.

LE: yea, and music is too loud.

The Microstock 101 was to appeal more to the people looking at the project that don't know what it is. Believe it or not, a lot of people have no clue what goes on in this world.

Everyone,

Thank you for all the feedback, it's great to hear all of this (even though some isn't great feedback that I want to hear). I've really poured my heart and soul into this over the past year and it's finally coming to fruition. One of the reasons I wanted to post in this forum was to work through these objections and truly build a contributor built website. By listening to feedback that everyone has we can either kill off certain elements in the site, or build new ones in.

Although the royalty rates are direly important for a contributor, by saying that the lowest we pay out is 35% is really for the contributor who just uploads stuff for the sake of uploading it, with no tie to our community. We want to have the contributors involved in our processes and decisions that are made with regards to the website. There is no other website out there that does that (to my knowledge). By building more of a community, the buyers and the traffic will organically come to the website. We will have a very aggressive marketing and SEO budget that will drive the ads to get buyers to the site, but without great contributors, we don't have great content. By making the contributors a part of the review process for acceptance and having them involved in other areas of the website, we don't need to spend hundreds of thousands of dollars every month on "overhead." Therefore, we can afford to pay out really high rates (75-80%). We can't get to that point without everyone's help though.

I apologize if the music was too loud or you think the video is horrible. I didn't want to go out and spend $2,000 to have a video made, so I made it myself to the best of my ability.

I would also like to address the comment "Why should I pledge money for this when it doesn't look much different to lots of other failed sites?" Although right now, this looks like a replication of any other stock site, trust me when I say, this is going to go MUCH deeper. Please understand that we can't lift up our hood and show everyone the insides before it is built. In the public arena our idea would get ripped off in a heartbeat and we would be left with nothing. We have major plans for contributors to make royalties on much more than when someone just simply purchases and downloads their image.

Feel free to DM me and I will give you as much information as I can without the need to sign an NDA.

Quote from: sjlocke on May 24, 2012, 15:39
Looks like just another micro from someone we've not heard from before, just with a contributor landing page:
http://www.kickstarter.com/projects/1458494044/479670521
http://www.indiegogo.com/creativewarehouse

BTW, to the OP, "contributers" is spelled "contributors".

'At Creative Warehouse we turned down the "token" or "credit" based systems that plague the micro-stock market. Why? Because we believe that $10 worth of art should always buy you $10 worth of art.'

... until we raise the price to something else.

"Ridiculously high royalty rates" don't mean anything until there are sales to fund those rates.

Thanks for pointing out the spelling error. We actually saw that after we created the video and are revamping the video with the change.

I'd like to address a couple of your points (which are valid):

We are building this for the contributors, because we ourselves our contributors on large sites. I can't divulge our names because we are exclusive and will lose our exclusivity. I totally agree with the marketing and sales funding the royalty rates. That is one of the challenges with starting one of these sites, but we have a solid game plan on how to execute that part of our model. 

We just went live at http://www.indiegogo.com/creativewarehouse

the project is still in preview mode, however it will go live this week. I'll post the link when we are live.

The one thing that isn't on the project preview yet is our contributor royalty rates. These will start at 35% and work there way up to as much as 70%. One of the things we will be doing at Creative Warehouse is really creating a community that helps regulate the content on the site and is very "hands on." We want everyone to feel a sense of ownership at Creative Warehouse, and we want to end the corporate feel that all microstock sites have. So the more involved you are in our community, the higher your royalty rate.

How can we sustain a 70% royalty rate? Well, it's really all in the numbers. If we don't have a huge corporate staff and have only the key people that we need, we don't have the massive overhead that all the other sites have. In addition, we are going to have other ways that 1 piece of artwork generates recurring income for a contributor, besides the obvious royalty from a consumer downloading the image. We can't discuss any of these tactics publicly yet because we are closing the first round of funding, but let me tell you; You'll love what we are building!

If you would like to see a quick preview of our project, DM me and I'll send you the link.

Thanks everyone!

Does anyone know what the market share breakdowns are between shutterstock and istock?

Thanks! I just sent you the link to the "preview" via DM. Let me know if you didn't get it.

Hello all! I just wanted to introduce myself and let everyone know that I have a project that is launching on Indiegogo this week that I think you all will like! I have begun the development of a new website that is essentially going to marry istockphoto and behance.net (or dibbble.com) and provide contributors the ability to have their own "showcase" page.

I'll have all the details in the project, but I just wanted to post this and let everyone know that it is coming up in a few days.

I have a preview of the project that I can send out via link if you are interested in seeing it! Just reply and I'll send you the link!

Thanks everyone

Hello everyone! I'm new to the board.