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Messages - Adeptris

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176
General Stock Discussion / Re: BigStock Raises Payout To $50
« on: August 20, 2009, 16:28 »
The trend in agencies "screwing" contributors is a textbook example of supply and demand.  The supply of contributors is growing so uncontrollably that it makes sense for an agency to take a survey of the competitive landscape and lower commissions, payouts, and generally put the squeeze on "suppliers" as long as the market allows it.
<...
>...

When a business 'screws' it's suppliers there are a few differences, if you work for a company they offer a new rate and contract, if you supply widgets you will be asked to supply your widgets at new agreed rate, if you supply a service you will be offered a new contract at a new agreed rate.

In all these cases if you did not agree terms, any money owed would be paid up in full, all stock held would returned or still sold at the old contracted rate, only new stock on a new contract would be at the new rate.

The contributors had an agreement that stated that once the supplier was owed an amount of money it would be paid out, if any company wants to change it's T & C's a new contract should be offered to all suppliers from a specific date, and any supplier that does not agree within a set timeframe, would then not be on the new contract and should be paid in full and thier assets no longer offered for sale, unless the site want to carry on under the old terms.

If I was a farmer supplying milk at 0.8 a litre, and my merchant offered a new contract at 0.7, if I refused I would expect that all transactions up to the date were paid in full.

As a small farmer it should not matter that I supplied far less milk than the farmers with the bigger herds, I still delivered every litre, each litre of milk was sold at the same rate to the consumer, and I am just as deserving of a payment as the bigger suppliers.

Where else would you agree one rate with a merchant and after a sale is made and they are holding your money just allow them to change your payment terms to thier advantage?   

David  >:(    

177
General Stock Discussion / Re: BigStock Raises Payout To $50
« on: August 20, 2009, 14:56 »
The powerconsumption cost from the computer while uploading/cathegorizing with Bs is about the same as the earnings.   But 30-50$ who cares... ;)

The high percentage of low earners that have consumed the power, paid the invoice, and would more than welcome any pay out amount, including the $30 payment level that they agreed to when they signed on and they have been slowly building towards.

I am not affected by this change, but do empathise with fellow photographers   

David  

178
General Stock Discussion / Re: BigStock Raises Payout To $50
« on: August 20, 2009, 13:59 »
I think BigStock -- and every other microstock agency -- thinks the same way when they institute these changes.  They know some people will get mad, but those who get the angriest tend to be those with the lowest sales.  
<...
>...

That is to simplistic a view, so lets be cynical and look at it another way with a Hypothetical Scenario:
"A business decision to raise or hold onto working capital"

You have a microstock business and have been trading for a while, and you have many hundreds of contributors who signed on when you first launched a few years ago and just stopped uploading, these photographers sales have slowly been creeping closer and closer to the pay-out mark, as your website has increased your market share it has become more likely that the photographers you expected never to make a payout may reach a payment level.

Now you are worried and looking at paying out a lot of money to photographers that are not active, you decide to raise the payout level and delay or negate this payout, the contributors that are no longer active are not going to know, some that are active will shout a bit but they are only a small part of the potential payout.

The reason that you first set the payout level was when you started your business, it was nothing to do with the cost of paying the photographers, the reason was a real cynical choice, as knowing that in your business plan you expected that 75% of your photographers to never make a payout, so you could factor this revenue into your working capital, this working capital is now coming under threat, and to raise the capital needed to cover this you cannot increase prices or cut commissions.

You have more than covered yourself in the T&C's and you raise the payment level, this is legal so you are not worried, it may not be ethical but who really cares a few photographers that will just *sigh* and wait, the active photographers will not rock the boat, and you know that the active contributors will just keep uploading, and with falling revenue you have just increased your 'working capital' and reduced the next few payout amounts.

But this is just a Hypothetical Scenario so there is nothing for your photographers to worry about is there?

This is just a cut throat business and everyone needs to be more business minded, I spoke to an owner of a stocksite once and asked why they did not just pay out what was owed at the end of each month, and the answer was that revenue from photographers that will never make a payout is part of the business plan, and that some sites actually run just on this revenue.  

David  >:(        

179
General Stock Discussion / Re: BigStock Raises Payout To $50
« on: August 20, 2009, 10:21 »
Is it not another example where the Agency have changed the T&C's without any consultation, and yes the contributors agreed to the T&C's, but a little respect and communication when changing how you pay someone would be a good thing, otherwise it just looks like they can just do what they want, and do not care about the suppliers of the assets they do not own but trade.

David.

180
General Stock Discussion / Re: Poll: What is your Day Job?
« on: August 20, 2009, 03:39 »
I'm a full time college student, and shoot luxury homes and condo's freelance as a day job. But i'd like to make a career out of stock someday hopefully.

Cheers,
Student added, you can change your vote if you want!


181
General Stock Discussion / Re: BigStock Raises Payout To $50
« on: August 20, 2009, 02:50 »
No excuse with the technology out there, paypal are releasing a micropayments API later this year, there are now sites that pay at month end no matter what the balance.

It could be that they have many dormant accounts that are slowly reaching the payment point and this is just a way to hold on to the revenue longer, as it will be earning interest, it should be accured ready for payout, but my understanding is that some companies will use it as working capital.

On the positive side I had a newsletter from the3dStudio just yesterday stating that they are scrapping the payout limit and as I have a few dollars already in my account with them, it is good news but in the current economy it is not good when other businesses are holding your payments.

David  ;)

182
you will find an e-mail from me!

Ooops maybe I got it wrong I see that HaHa as a "don't waste your time", maybe it was a AhHa "that's a good idea" and something was lost in translation?
 
David  ;)

183
Haha guess I better check my email inbox soon ^_^
Maybe not  ::)

184
General Stock Discussion / Poll: What is your Day Job?
« on: August 20, 2009, 02:21 »
With stock photographers coming from such diverse backgrounds, I was wondering how many are full time and which other industries the rest of us come from, I have had messages from several other photographers that work in IT.

1. Full time Photography
2. Homemaker
3. Consumer Products & Services  
   > Educational Services
   > Employment Services
   > Home Furnishings
   > Legal Services
   > Professional Services
   > Travel Services
4. Energy & Power
   > Alternative Energy Sources
   > Oil & Gas
   > Petrochemicals
   > Pipelines
   > Power
   > Water & Waste Management
5. Financials
   > Alternative Financial Investments
   > Asset Management
   > Banks
   > Brokerages
   > Credit Institutions
   > Diversified Financials
   > Government Sponsored Entities
   > Insurance
6. Government Agencies
   > City Agency
   > City Government
   > National Agency
   > National Government
   > Supranational
   > Other Government & Agencies
   > Public Administration
   > Regional Agency
   > Regional Government
7. Healthcare
   > Biotechnology
   > Healthcare Equipment & Services (HMOs)
   > Healthcare Equipment & Supplies
   > Hospitals
   > Pharmaceuticals
8. High Technology
   > Computer & Peripherals
   > E-Commerce / B2B
   > Electronics
   > Internet Infrastructure
   > Internet Software & Services
   > IT Consulting Services
   > Semiconductors
   > Software
9. Industrials
   > Aerospace & Defense
   > Automobiles & Components
   > Building/Construction & Engineering
   > Industrial Conglomerates
   > Machinery
   > Transportation & Infrastructure
10. Materials
   > Chemicals
   > Construction Materials
   > Metals & Mining
   > Containers & Packaging
   > Paper & Forest Products
11. Media & Entertainment
   > Advertising & Marketing
   > Broadcasting
   > Cable
   > Casinos & Gambling
   > Hotels & Lodging
   > Recreation & Leisure
   > Motion Pictures / Audio Visuals
   > Publishing
12. Real Estate
   > Non Residential
   > REITs
   > Real Estate Management &Development
   > Residential
13. Retail
   > Apparel Retailing
   > Automotive Retailing
   > Computers & Electronics Retailing
   > Discount & Department Store Retailing
   > Food & Beverage Retailing
   > Home Improvement Retailing
   > Internet & Catalog Retailing
14. Consumer Staples
   > Agriculture & Livestock
   > Food & Beverage
   > Household & Personal Products
   > Textiles & Apparel
   > Tobacco
15. Telecommunications
   > Space & Satellites
   > Telecommunications Equipement
   > Telecommunications Services
   > Wireless
16. Other  
17. Student Full Time

 ???

185
General Stock Discussion / Re: Did a Test at IStock
« on: August 19, 2009, 03:53 »
<...
>...
I don't believe they are having to cut our commissions, they are doing it to make more money.

If we all just used one or two sites, why would they raise our commission?  They would be able to do whatever they wanted.

The stocksites are the same as the photographer and run thier business on RPI, thiers is the required RPI across all assets in the library and would be calculated for thier business plan, based on what would be needed to run thier business on the current and projected market share, revenue needed to covers overheads, marketing, and all the other running costs to produce a minimum profit margin.

When there were fewer sites competing the RPI was easier to predict, but increasingly it is coming under pressure from changes in buying patterns, the recession, the number of new sites with the same model chomping away at the same revenue, as much as we like to think that businesses are run on pure greed it is not always the case, and supporting smaller sites with higher commission may not be of benefit, you may make 50% - 60% on the new website but loose more revenue longer term when the bigger site have to squeeze the contributor to maintain RPI.

And you are correct that as the smaller website fail and the revenue returns to the larger websites they will not pass this back down to the contributors, still the same questions must be asked with a new site, what is the model and where is the customer base coming from, if it is from the same pool of customers we should avoid the new website, but how many are just taken in by the hype rather than asking the questions from a business perspective.

David  :D    

186
General Stock Discussion / Re: Did a Test at IStock
« on: August 19, 2009, 02:34 »
^^^^^ That sums it up, the reality of all types of business, but many photographers do not have a business head and just upload everything everywhere, building up lots of smaller stocksites that are looking to make a buck with a buyout, futher diluting the customers revenue, weakening the contributors position in the business, adding pressure to the main stocksites revenue share and margins and causing reductions in commission percentages, next time a company cuts the contributors share we need to look closer to home for the reasons.

David  ::)

187
Hi Amos,
Use the social networking site for marketing, Twitter, Facebook etc:

You need to connect with the people that would use your plug-in

I have posted another Twitter Tweet to help out, my last one about your plug-in sent 60 people your way.

B.T.W. The plug-in is no use for me, like many other i use the free 'Windows Live Writer', so WLW and the latest Microsoft Word will need plug-in's as that is the way a lot of content is uploaded, not just to WordPress blogs but other blog services, web pages and articles as well  ;)

David  ;)

188
Amos,
Maybe we should talk with Isydica to see if they can add an API, as it would add value to thier product, the assets and all the metadata are sitting on thier server, they have the skills to bring a service online quickly, and they likely have thumbnails already produced.

So a joint venture to create a merchant API which delivered the images from many artists direct to the buyers only in websizes would be a tool worth thinking about.

And any input required from photographers would be easy to get, free to contact me if you want to discuss any ideas.

David  ;)

   

189
General Stock Discussion / Re: Did a Test at IStock
« on: August 18, 2009, 07:22 »
<...
>...
RM is full of unedited images because there are buyers who need do to THEIR OWN editing afterwards and this couldnt be possible or very limited starting from an overphotoshopped image.

Sergey, from what I read you shoot photojournalism, social documentry and travel, and when you are shooting or talking RM you would have editorial in mind, lets look at Alamy where they sell over 80% editorial and RM, in a lot of editorial area's any image manipulation other than slight adjustments of levels would get you 'No Sales', and has got the editor fired more than once from thier jobs, so it is horses for courses, what works for one area of the stock business is a no-no to another.

Commercial images for advertising and advertorial are often enhanced as they are trying to sell something and make you dream of the blue skys and hot summer days, where your gritty type of social documentry and editorial would look silly enhanced as the images are meant to be realistic and bring the hard reality home to the reader.

The oversaturated images are not replacing your social documentry images and affecting your bottom line, on the other hand if the oversaturated travel images are hurting your revenue, then maybe you need to look at how you can enhance your travel images.

David  ;)

190
Back to the OP and the use of the word 'Free'

I was listening to a report on the radio driving into work and a quote I heard put it into context, and the quote was:

"Free only means that someone else is paying"

Before you can look at giving anything away 'Free' you have to look at "who and how", who will pay in the longer run and how you are going to monitize it, if you cannot answer these questions then there is no point in giving anything.

When the websites like flickr give away limited free accounts, the revenue to pay for these comes partly from advertising and the 'Paid Pro Accounts', so the free stuff is never 'Free' 

David   

191
General Stock Discussion / Re: Did a Test at IStock
« on: August 18, 2009, 02:20 »
>...
<...
Let IStock self-destruct by themselves, whenever a customer searches on a competitors site, and finds what they need, that they were unable to find on IStock, the more likely they will do it again in the future.

Is this not the same argument the exclusives will use, "they can go to the other big sites find the exact same images including most of those rejected by istock, all sites, same images, same artists at different price points, how frustrating for the buyers, then they can come to istock and find quality exclusive content, and more likely they will do it again in the future".

I am not a contributor to Istock so I have no hidden agenda, but your comment does not make sense, if I am looking for a specific images what is the point of me looking on many websites and only seeing the same 100 images for my search time and time again, when I find a website that has some of the better images I have already seen and a few more good images that were not on any of the other websites where will I look next time I want a image?

It is more possible that the other 'open door' websites will self-destruct by presenting almost the exact same set of images for a search as thier rivals, then to one that will win would be the cheapest, and the only way to be the cheapest is by lowering commisions. 


David  ;)

192
Off Topic / Re: Crazy Squirrel Crashes Family Photo
« on: August 17, 2009, 11:16 »
Looks like the reviewers do not read these stories, it just got rejected for "Focus not being where we expected it to be!"

 ;D

193
General Stock Discussion / Re: Question about traffic to blogs
« on: August 17, 2009, 02:58 »
It would depend on a number of factors, you can open a WordPress blog and keep it seperate or download their software to your own space to extend your website, then you decide on what the blog is going to be about and post your blog.

Quote from: sjlocke
If you write it, they may come.  In other words, don't worry about the numbers

They may come, but only if they know your blog exists, so you will need to market your blog, decide on who your target audience is and how to reach them, what value your blog will be to these readers and what will make them want to bookmark your blog and come back, milions of readers is something of a dream, thousands of readers will be a good blog.

Will your blog be like your posts here and offer your opinions on the industry, some workflow ideas, tutorials etc: a tool to raise your profile amongst your peers and get your name out there to fellow artists, sometimes this might be better as a seperate blog away from your business website and customers.

If your blog going to be a marketing tool for existing and potential customers where the content here would be much different, and this would then be a blog to extend your website, to inform customers of your activities.

There is an option to have both, and once you have a plan of action you will need to directly market your blog, if it aimed at fellow artists then there is the blog section on this forum, you have a few hundred followers on Twitter, not sure if you have facebook, posting links on these social media websites will bring some traffic to your blog.

The amount of traffic will be based on on how good the content is and how well your direct and viral marketing is, since I moved my blog to my own webspace a month ago, using MSG, Twitter and Facebook for marketing I got 925 visitors in the last 7 days.

925 visitors may seem ok for a blog that has only been running for a month, but if the visitors are not returning just opening and closing the page then it is no good, I know from my blog statistics that 35% went on to read more than one page which is a positive, 40% were new visitors, 20% of visotors returned again within the seven days, and 658 of the visitors were from the USA.

I know from Google Analytics the average time and bounce rate, readers of my last post 'The transition of Microstock' which was quite short spent on average 2.37 minutes, the post before that 'Affordable Editorial Images for Blogging' the average time was 8.48 minutes on my blog.  

So it is not just a matter of creating a blog and waiting for the visitors, you have to decide on your market and how to reach them, then analyse and track that visitors are reading your blog and not just hitting the site from a link and closing the browser.

David

194
with RF you've no choice on nothing, buyers can do whatever they do, they can pay you 1$
for a cover of TIME magazine or use the image of your wife for advertising an escort service...

Sergey,
You are so wrong on many points, there are limitations of use on a Microstock Licence, it cannot be used in many ways, do a bit of research!

You only sell RM which suits you, others here prefer RF which suits them, you are inviting all the RF photographers to change to RM, if they did this that would dilute your revenue so best keep it a secret for now.

You may think we are micro fools, but I like many others here do upload our RM images to Alamy, I assume that is why you are quoting the 'L' license, we can see the value of both models and realise that different images suit different agencies, so we have a finger in both pies, instead of in our ears.

David  ::)  

195
i think you're way too optimistic about blogs.

casual bloggers will never pay for images, and in the rare occasion when they spend some time searching for a picture instead of stealing it right away from google images, they end up on Flickr.

WHO told you they're ready to pay 5$ or even 1$ for every image ? who ?

besides, it makes financial sense only for medium sized blogs, and there are not many around.

also, most of their posts are about news events, sports, politics, they need fresh images about celebrities and VIPs, which in a perfect world would mean Getty, AP, AFP, etc, but in this rotten world it means they just steal the picture somewhere claiming it's "fair use".

not to mention most of these  bloggers have no idea about copyright, go figure what do they know about RF or RM or CC or ...

Sergey,
You answered your own questions, you asked me how I qualify that bloggers will pay for images, I like many others do already blog and pay for images, just look at the many blogs that do already use stock images, then you say that most of these  bloggers have no idea about copyright.

You are correct that, there is a shortage of 'blog editorial images', many bloggers do not use images, many use images they download from Google, many use CC images from Flickr.

But then many internet users may not listen to music, many will buy thier audio tracks, many will use audio they download from the internet, others know it is theft and use file sharing.

So should we just ignore this market, many internet users are just not aware that downloading an image is an infringement, but they do know that to get a music sound track they have to pay, how did they get to this awareness?

Because the music industry is very proactive in protecting thier artists royalties, thier own investments and revenue streams, to do this they ran an agressive campaign to educate the internet users, under threat many ISP no longer allow music sites that are not squeeky clean, one woman in the US recently got a $1 million fine, 20 music tracks @ 50k each.

But with images I can go and create a blog today, write a post and insert images that I ripped from the web, while I am doing this there has been no message about copyrighted material, when downloading or inserting an image no file information, there is no default plug-in for the blog software to source licenced images.

To correct this there are two steps, one is to educate the bloggers and article writers, the second is to provide tools as default that source our licenced images, these can be free or paid for but the key is that they are licenced by the creators.

We can try to look at ways to change this by making bloggers more aware and providing services to facilitate image use, or just take another approach and rant that the scumbag bloggers will never use licenced images!


David  ;D        

196
Fotoglif was launched in July to do this. However, they pick most of their images from large agencies.

Not quite the same model, Fotoglif have licenced images from many sources, and my search for 'Business', returned a first page of "Tinchy Stryder performs at 'Rock in the Park' in Preston, Lancashire, UK", credited to SplashNews where I can go myself and find an image to share via blog, facebook, twitter etc:, so that was not a good start for me, there is also PiccApps that is trying the same as this service.

They both raise revenue from assoiciated advertsiments, so you have a free linked image with an advertisment placed on your blog or article, there are many problems I can see with this model and sharing advertisers revenue, as a blogger any advertisments on my blog need to generate revenue for me not others.

The WordPress plug-in is one step in the right direction as it returns images that a blogger can purchase to use in thier blog, but the tool I would like to see is a service that is agency independant so it is different.

The reason for this post was to show that the market for websized images has matured and is begining to pick up speed, with Getty being market leaders and where Getty go many follow, they have just launched a web size image service, there is just no need to download a large hi-resolution file for a blog or website.

If a service is well thought out there are many ways images can be sized and delivered direct to a browser or application without having to visit a website, I write and publish my blog entries without having to log-on to my blog, so why do I have to visit a website, register, pay for credits etc: to search and download just to add an image into my Blog, that is the reason blogs are poorly serviced not the cost.

It looks like a few of us are thinking along the same lines for this market.

David  ;D

197
So, tell me what plugin you will need to sell you photos on your blog, maybee we will create one.

I will think about how this can work over the weekend and contact you  ;D

David

198
Hi Amos,
So it is not really aimed at us for our own images but bloggers in general, as it will display images from all Fotolia contributors.

Have you discussed this with Fotolia as it will be pulling information and thumbnails from thier servers and using resources, some of the bigger websites have been changing thier API's to limit third party access.

Sorry, I did not read the information correctly as I first thought it was a plug-in to sell images from our blogs.

David  ;)
 

199
Sorry Keith,
What I was trying badly to communicate is that there is a general miss-trust of applications that ask for your username and password, it was not meant as an attack on the russian third party developers, but in reality it is just the way it is.

Both ProStockMaster and Isyndica had questions about usernames and passwords with photographers not willing to use the products.

These applications should be commisioned and developed by the stock sites and not third parties, the developer has a partner ID so they are known to Fotolia, but I can get and API developers key for many API's, but if this was a Fotolia or any other respected stocksites plug-in it would have more chance of being taken up more.

Regards

David  ;)   

200
Dopple post  ::)

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