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Messages - Topher

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1
iStockPhoto.com / Re: IStock stale
« on: June 06, 2013, 07:15 »
I don't like the PP as I believe it has eroded sales.  I often sell 50% of my total monthly downloads thru PP for a fraction of what I would earn thru pay as you go.  I understand the subs model is ideal for many customers its just that I don't really want to play in that market.  Again I'm not throwing stones, it might be right for lots of people.


2
iStockPhoto.com / Re: IStock stale
« on: June 05, 2013, 20:53 »
^ The future for good photographers who take the business of photography seriously is bright.  The demand for pro content is very high, and will, I believe continue to be high.  If ISP, microstock, etc., is part of that future remains to be seen. 

I am not doom and gloom because I see avenues for making money as a pro.

3
iStockPhoto.com / Re: IStock stale
« on: June 05, 2013, 19:45 »
^The ISP subs program supplemented (some say eroded) the main income stream, though I think most ISP buyers are not sub-type consumers.  I don't think that anyone with any experience with ISP can argue with the opinion that they have been trying too hard to being all things to all people. 

I think the future is bright, we just have to wait and see.

4
iStockPhoto.com / Re: IStock stale
« on: June 05, 2013, 17:35 »
I don't think I fit the 'cool kids' Stocksy requirements.  I also seriously distrust any approach that is heavily curated.  I am not anti the other micro sites, I just think it is a little late entering their collections now.  I'll wait it out and see where the market is going.

I'm not doom and gloom as so much of what I do is content related for assignment clients and I see that their content needs seem endless.  I don't see micro/macro stock disappearing, its just that many of us mid-level shooters have lost a great gig (in ISP) and may have to duck and weave for a while until the next site comes along.  With the speed the market is changing I don't think it will be too long that someone comes along to ring ISP's bell.

We just need 10,000+ shooters putting-up $1000 each to launch a crowd-sourced co-op model. 

5
iStockPhoto.com / Re: IStock stale
« on: June 05, 2013, 14:13 »
^Not sure, maybe exit microstock and give all my attention to other revenue streams.  I would definitely look at the macro market and RM, not that I think it would replace the heydays of micro's income.  Probably just exit and shoot assignments.

6
iStockPhoto.com / Re: IStock stale
« on: June 05, 2013, 13:06 »
My sales are trending at below 2011 levels for the year, so if the year continues as it has I will earn less than I did in 2011 with a port more than twice as big and I think (hoped) twice as relevant.  However, I do think that my trending is actually overly optimistic.  I tend to think that my earnings will plummet to 2009 levels if recent sales figures are anything to go by.

I am a longtime diamond with thousands of images and I am exclusive.  I think I might be representative of many mid-level, 40% - earning contributors who are seeing earnings decline rapidly.  I do not compete in the business and lifestyle segments so I thought I might be somewhat immune to major changes as I have in the past - not so this time, I've been hit hard.

I don't see many alternatives in the market as I don't like the subs model at all.  If things do not change by November I will probably exit exclusivity and explore different options.  For now I have relegated shooting for Istock to my lowest priority, and luckily there is enough assignment work to survive on.

The upside is that I hope this business change at ISP will allow new (and existing) competitors to enter the market.  Someone out there must value us mid level suppliers who offer a diverse, more authentic look and serve segments that the factories can't quite make sense of.

We will see.  I am beyond throwing stones, as business is business and corporations will always look at ways to maximize profits and drive efficiencies.  I obviously do not fit their new mass-produced model.

7
iStockPhoto.com / Re: death of istock postponed?
« on: April 10, 2013, 08:44 »
As an exclusive on ISP I have rarely posted in the monthly sales thread.  The wooyays and the doom and glooms are purely anecdotal.  Contributor sales trends I'm sure are being measured at Getty, just not being shared.  With the recent goings-on I am even less inclined to be involved in any way in the forums.  It's now time for distance and careful consideration.  I'm weighing my indie options carefully.  If earnings continue to slide as they have since 09/12 I'll realign my business at the end of this year.  IMHO 2013 will be a make or break for ISP regarding contributor relations and the sustainability of exclusivity.  The Getty group, properly structured and run, should be our Holy Grail, so it does sadden me no end to see the gradual decline of so many contributors.
Hopefully new entrants will help rejuvenate the marketplace and spawn competing agencies structured on a more cooperative artist approach!  Though I honestly don't see a real alternative yet.  Agencies that are 'art clubs' don't usually sell much product, we need a large, egalitarian, meritocracy run on a cooperative basis.
If someone could attract 1,000 photographers willing to invest $10,000 each such an agency could launch. 

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