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Messages - Georgina

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1
iStockPhoto.com / Re: Can iStock Turn Midstock Sales Around?
« on: October 26, 2014, 12:59 »
And, BTW, The average price for one of my photo shoots is around $4,000, Arcurs said. But on a $4,000 shoot, were currently looking at about three years to see a return of investment.
http://digiday.com/sponsored/003-243-istockbcs-in-age-instagram-what-designers-need-from-stock-photography


That's way too long. I seem to remember him talking a couple of years back about microstock becoming unsustainable because it could take several months - maybe six, I'm not sure -  to recoup shooting costs.  If current sales suggest four years to recoup costs, within another couple of years that might have stretched out to eight years, it's an elastic calculation and I don't see how you can run a business with that sort of uncertainty on recouping costs... you've also got to look at the potential interest you lose (or have to pay, if borrowing to pay for shoots) by having your money tied up for that time.


3 or 4 years to see profit is tough in microstock.  That's about when my images start to decline in sales and sink in searches.   I am tempted to think his claims are exaggerated as a marketing ploy.  In fact, I take most everything Yuri says publicly as a marketing strategy.  No disrespect.  If I had half his marketing ability I would probably make twice what I do.


Fact: Istock is continuing to slow as each week passes, possibly as existing credits are used up.

2
iStockPhoto.com / Re: Can iStock Turn Midstock Sales Around?
« on: October 25, 2014, 22:19 »
Looking at IS, his latest work includes looks of images of arrows on white and about 500 similar and near duplicate mages of a pretty blonde model topless and in a towel and in active wear on white.  I'm not sure how hard to reproduce that is.

It looks as if he has responded to the difficulty of recouping shooting costs by switching to simple vectors and isolated-on-white, which makes sense. It's what microstock should be, really.

Yuri thinks buyers will move back to IS just because he went there

Yes.  His move sure has hurt SS just as he predicted.   ::)

He put SS almost out of business when he left, buyers followed Yuri in mass numbers :)

3
iStockPhoto.com / Re: Can iStock Turn Midstock Sales Around?
« on: October 25, 2014, 20:23 »
Looking at IS, his latest work includes looks of images of arrows on white and about 500 similar and near duplicate mages of a pretty blonde model topless and in a towel and in active wear on white.  I'm not sure how hard to reproduce that is.

It looks as if he has responded to the difficulty of recouping shooting costs by switching to simple vectors and isolated-on-white, which makes sense. It's what microstock should be, really.

Yuri thinks buyers will move back to IS just because he went there

4
iStockPhoto.com / Re: Can iStock Turn Midstock Sales Around?
« on: October 24, 2014, 13:21 »
Essencial collection is being favored by the Best Match, I don't know how Yuri's pictures will make it

5
iStockPhoto.com / Re: First Month of the New Improved IS
« on: October 22, 2014, 13:00 »
Istockphoto, Where greed meets incompetence

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