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Messages - lucato

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151
So you feel like your Istock downloads now are about the same as if you stayed exclusive?   I would expect a significant drop because exclusive files get a best match advantage.


As I said before, iStock is always dropping the downloads since 2007 as the table you saw. The previous total in 2011 was 6887 DL, and now on graph below you will see that 2012 was 4902 DL. Regarding the significant drop, you can see the months 1 to 4/2012 as exclusive and 5 to 12/2012 as non-exclusive (independent):



But, pay attention, it is my case, you can't take my case as reference for everything. Of course there are people just growing at iStock. Each one has its style, better portfolio and so on. So my portfolio has not high level and professional model images and professional still images and so on. Anyway I know very talented exclusive photographers with very high professional images that are on the same boat. ;0)


152
I am expecting it to take two years to get back to a level I feel comfortable with.

This is simply becuase by uploading to a new agency, you are entering a new marketplace. The customers need to get to know you as a reliable resource, they have to bookmark you, lightbox your files, "follow you" etc...Then the client has to approve the project and my files and then comes th download...and then a few months later the project gets extended and they download even more files etc...

The only variable is video. That is a new market and there is very little good content. And video files earn a lot more. So, if I learn how to make good videos, I might be able to speed up my income. But 18 months should be a minimum time frame. unless I become superhuman and can upload 500 files a month. But that is simply not possible unless I hire people. And at this time I dont want to.

I was expecting a year instead of two otherwise my savings won't survive until there. I have already started doing some extra jobs as workshops, photoshop classes and selling some old equipments that were on the shelves. ;0) See not easy task to quit exclusivity. I hope it will compensate in a very near future. ;0)
I don't trust too much that customers bookmark you and follow you. I think if you need an image for your image, they will use the keywords and find it and won't search what they need into anybody portfolio, even they like your work. Well, my opinion, unless you have a really quite different job, illustration or image series that they need for a campaign and so on.

Video is something that I really need to start with, the only problem here is time to manage it all. I didn't get to send half of my portfolio to other agencies yet. :0)

Hire people is an option, but not yet once I don't get to pay to myself now a days. kkkk



153
Lucato am I correct in reading your numbers to say that February was the first month you made more as an independent than as an exclusive, the other 9 months losing a considerable amount of money?  Do you see your downloads dropping at Istock since going independent, because of a lower search position?  That would cause the other %s to go up but would make the overall money still lower than as an exclusive.  Thanks for sharing your numbers, it's valuable to know what's going on out there.


Hi, TickStock, no, you're reading it wrong. I'm comparing independence with independence.

Regarding downloads dropping at iStock they are dropping since I was exclusive. Check the image below and see how it started to drop since 2007...

154
Why so long? We plan to have our entire 5K+ portfolio up and running in at least 10 different MS sits in about 1 month after exclusivity ends.
We are 2 people though...

I hope you and your partner really get to categorize and assign MR/PR for the 5K+ in 10 different MS in a month, which will be "50k+" images to be categorized one by one. Of course there are sites that don't need categories. Anyway I hope you get to accomplish it. Keep us updated and tell us how you made it. ;0)

155
What I understood from the table is that in february lucatos earn are 80% of the old earnings in iStock as exclusive.old 100%.

Nope, I'll edit my post. This 100% at iStock is my actual income at iStock as independent. I cant' compare the month by month independence with exclusivity, if I'm no more exclusive and can't have images at other sites if I'm exclusive. So, I'm comparing independence with independence. So, at iStock now a days with 18% comission as independent it represents the 100% (Exclusive now a days makes 35% if reaches the RC system) . So, as I posted before, if for example I've made at iStock as independent $100.00 in Feb/2013, based on the percentage at others also in Feb/2013 I've made...

IS: $100.00 (Independent)
SS: $ 67.77
FL: $ 9.73
BS: $ 2.62
DT: $ 1.80
DF: $ 0.00 (Started this month)
PD: $ 0.00 (Started this month)

Is that better now? ;0)

156
You're welcome Cobalt.

Oww, a indie baby. :0)  Yes, in my case, the Shutterstock is the far away the 2nd best income (post edited above).

Humm, I didn't get very well what you meant with "But the one thing you havent tried to raise the visibility of your portfolio, if I understand correctly, is to give exclusive series or files to the different agencies.". Maybe my language barrier. kkk. What did you want to mean that I didn't try to rise my visibility? Should I have given some exclusive files to achieve that? Would please elaborate it better. I'm sorry. :0)

Yes, we will share when we have some new info. My next update also will be a few months later until I have enough data about the overall market again and with the 2 new agencies.

Have a great week.

157
Hi Lucato,

thank you very much! I am a little shocked that Dreamstime is performing so poorly. From the site itself and the web traffic I would have thought they are a good agency.
And what has your experience been with fotolia?
If jsnover was able to recover 85 % of her 2010 earnings than she is already making more than many exclusives, who stayed exclusive and keep uploading.
I will try to get 600 files up in the next 2 months and then I will focus on mixing new and old while I shoot and upload.
Let's keep reporting our results, because many people are watching us ;)


@Cobalt and all folks.

Regarding my experience with Fotolia, is my 3rd agency "better" income as you can check on the table below. So, by taking the iStock earnings as 100% (as independent) you will see on the table below how many % represents each other agency monthly compared to my iStock income (as independent) from each month:




So, based o the table above, you can notice that IS is my best income and the ShutterStock is my 2nd better income with a good monthly growth and always going up, on the other hand, DT is going down on the latest months. So, DT is the worst agency income for me lately. Fotolia as you had asked is in the 3rd position, but far away from SS which represents almost 68% of my income at iStock while Fotolia is just almost 8%. Well, enjoy the table and get your conclusions. ;0)

Well for those that don't want to read all these percentage numbers, for example if I get Feb/2013 and suppose that I've made $100.00 at iStock (as independent), I have made in the other agencies (ordered by earnings):

IS: $100.00
SS: $ 67.77
FL: $ 9.73
BS: $ 2.62
DT: $ 1.80
DF: $ 0.00 (Started this month)
PD: $ 0.00 (Started this month)

That was why I said as an advice from Lisa from here: "If I could just add a bit to that advice - Instead of uploading some images to each new site, and building your portfolio simultaneously on all new sites you are on, you might want to concentrate on getting all 7k images on each site at a time, in order of importance.  For example, I would be focusing all my energies on getting my portfolio on SS right now.  The sooner your port is up to high numbers there, the faster you will see your overall earnings jump.  Once they're all up on SS, then move to DT, then FT, and so on, in order of the sites' earnings potential."
 
I hope that can be useful some way :0)



158
Hey Lucato - good to see you went indie.  I am sure I have probably posted this before, but I will link to my blog where you can see my stats again (just in case anyone missed it!)  I have over 5 years of stats there now, both iS exclusive and indie.  Cheers

http://stockcube-stockcube.blogspot.co.uk/


Hey StockCube, thanks for your input and I'm sorry also for my delay. As I said above, I saw that my microstock emails are not hitting me and some getting into spam folder which I detect today from cobalt's email and I saw yours and others latest replies. I will also give a look into your link for the stats and so on. Thanks for sharing it. As I mentioned, I'll put soon a new table with the actual percentage as I put before comparing months to iStock income. Have a nice week. ;0)

159
Yes, I was exclusive from 2008-11, having been independent from 2004-8 and since last June. As with you, 2010 was my best year (in spite of IS messing with the site in the busy season) and even before I left exclusivity in June 2011, things were down from the comparable month the prior year.

You can see which sites I contribute to from the links below my posts. We have monthly threads here where we discuss earnings, and you can see some of my recent posts here, http://www.microstockgroup.com/general-stock-discussion/earnings-in-july-2012/msg265905/#msg265905]here[/url] and here.

In terms of how things are going overall, it'll be easier to answer once the Sept - November stats are fully in, including PP sales from IS, which are getting later and later, but I think Sept 2012 will be about 85% of Sept 2010 (the PP numbers aren't all in). Down 15% doesn't seem too bad given the plummeting sales reports from many diamond exclusives.

Sept 2012 was up 54% over Sept 2011, so things continue to improve as the months go by, largely because SS is doing so well.


I'm sorry for my delay. I saw that my microstock emails are not hitting me and some getting into spam folder which I detect today from cobalt I saw your and others latest replies. I will give a look on the links you post, thanks for sharing. I'll put soon a new table with the actual percentage as I put before comparing months to iStock income. Thanks for  your input. ;0)

160
Hi Lucato,

Im now one of the indies.

You can follow my progress here:

https://www.facebook.com/pages/Cobaltstockcom/169793413171571

I want to upload my files slowly and mix new images from fresh shootings with older files. I believe the main problem is that people underestimate how long it takes to attract repeat customers.

I also want to do more video.

How are you doing? Any recommendations...?

Hi Cobalt, good to hear from you! I have posted a bunch of things over there. We keep in touch. Have a nice Sunday and good luck in this new step.

161
Hi folks,

I wonder which microstock agencies now a days you don't need to edit your file after submit it with IPTC filled. So, you don't need to add anything such as categories or check that agree with terms one by one, but can agree in batch.

I know that PhotoDune is one of them, what are the others? Let list them here...

1) PhotoDune;
2) ...

Thanks.



162
Stocksy / Re: Stocksy - Are You Curious? Response?
« on: February 21, 2013, 03:42 »
I have already done that, anyway thanks for the tip. ;0)

163
Stocksy / Re: Stocksy - Are You Curious? Response?
« on: February 21, 2013, 03:23 »
How is the invite sent? From other photographers or from the Stocksy only?
I think I'm not qualified for their wish levels, I didn't even get an invite. :0(


164
@LuisSantos84

I was talking about the number of rejections
Ops, my fault. I'm sorry about that. Thanks.

165
@gostwyck

Very interesting and informative post Lucato. In the 5 months since you went exclusive my own iStock earnings, as an independent, have also dropped by 33% so a significant proportion of your losses may well have happened anyway.

I believe the long-term trend remains in your favour as an independent. At the time that you dropped exclusivity iStock were contributing 30% of my total earnings (not counting PP earnings). That has steadily dropped and this month iStock will probably only be about 19% __ and it looks like going lower too. This is due to both fewer sales at IS and also incredible growth at SS.

I would concur with Lisa's excellent advice to concentrate your uploading efforts to Shutterstock initially. This month SS will contribute about 49% to my total microstock earnings and it appears that they are getting stronger every month (at the expense of every other significant agency). Good luck and I'm sure that over the next few months you will conclude that you made the right decision.
Thanks for your input and advices. I appreciated that. Have a nice week and good sales.

166
@ClaridgeJ

There is another snag here as well. Many older files uploaded say about five, six years back would probably not pass todays quality and technical barriers.
I know for a fact that some of my own files accepted at SS and IS, around 2006, would never pass todays technical aspects irrespective of subject matter.
Yes, good point! And as I said a little back also there is the "over supplied photo category" issue now a days, where five, six years ago they were building the data base and weren't flooded with certain category images.

167
@pro@stockphotos

If you take the your $$$$ % drop after leaving istock, and apply it to your commission rate you went from 35% to 7% commission on istock sales.  I believe some of this due to falling sales but If you apply a 17% commission rate to non-exclusive files being cheaper (63% of a regular exclusive file) you are at 10.7% without factoring in loss of vetta or agency $$$.   That means the other combined non-istock agencies have to own 75% market share for you to make up the difference.
Now I got a headache. :0) Thanks for your input.

168
@ClaridgeJ

Extremely daunting but brave move and in a totally oversaturated market where supply is much higher then demand and where most other agencies are turning their screws tighter and tighter around contributors.
Yes it is very daunting, but more scary is to keep all eggs in the same basket the ways iStock is driving its ship now a days. But I may agree with you the oversaturaded market, anyway there is room for everybody, but the profit won't be the same as before.

Quote
I know somebody almost exactly in your shoes and with almost exactly the same amount of files. He keeps a low profile, doesnt really want to talk, let alone write about it. He left the entire micro industry and uploaded all his thousands of files as RF instead.
Today, just over a year later he is doing very well, almost on par with his earlier earnings.
Thanks for sharing.

Quote
Wish you all the luck and as Lisa said,  concentrate on SS at first, thats where your bread and butter will come from. :)
Thanks for your wishes and I'll follow this advice now for the next 2500 files to see how it goes. The only concern is what I said before, the ranking by sending all at once and not spreading as I was doing. :0)

Have a great week.

169
@jsnover

...However I wonder what kind of rejections he is receiving at the other agencies. Maybe he can share some insights or tips when he has time.


I'll give you some examples of iStock files of mine that have sold well that Shutterstock rejected (one of them I resubmitted saying that it had sold over 500 times on iStock and they accepted it; they had said it had LCV at first). In general, they don't much like dramatic light (and some of the rejects had been Vetta at iStock)

One, two, three, four, five, six, seven, eight.

On the other hand, iStock rejected some things that SS accepted and which sell well, such as this, this  and this, so it really is a roundabouts and swings situation. DT's most annoying thing is the ridiculous similars policy; otherwise, they're pretty reasonable.


Yes, It is so random or if you get some inspector with a not good mood in that day. Check also this post above. :0) Hey JoAnn, you're in the same boat too, right? I mean, you have left the exclusivity too, if I'm not wrong. Would you ming to give your feedback if possible telling how are the things going for you. How long have you quit the exclusivite? Did you get to make equal or pass the iStock income? What agencies are you working with? Do you intend to keep as independent? and whatever you want to share with use... ;0)

Have a nice week.

170
@ ShadySue

Yes, thanks, Lucato. Very interesting reading, and not necessarily what I've have expected from your port going indie. (I'd have expected you to be exceeding your iStock exclusive earnings by now.) But clearly it's a long haul.
You're welcome. Yes a hard haul, actually I didn't expected to pair the income with iStock less than 6 months, but it seems will tack a year or more to pass it. I hope note.
Have a nice week.

171
@ Pancaketom

I do not envy you the task of getting all the iptc data on all those files. ugh. I am guessing that as soon as the iptc is done then you upload them everywhere.  - a daunting task, that is for sure. For anyone starting out or for exclusives I second the advice to keyword etc. in the iptc.
I think that IS has been insulating exclusives (mainly by shafting independents it appears) from any downturns - unfortunately for them they seem to have run out of shafting to be done to independents, so the pain is starting to hit the exclusives. It will be a painful process to jump ship, and a long road to get back to the kind of earnings you made as an exclusive. Thanks for keeping us posted.

I agree it will be a long road to get bet the earnings I used to make at iStock, but even as exclusive the 2010 was The Best Year Ever and in 2012 the sales dropped 50~60% as exclusive. Well, I hope to get back soon to the earning I was making, otherwise I will need to find another way to make money like go back to work in th office. Knock on the wood. :0)

172
@Cobalt

I may be wrong, but I doubt that Lucato has many rejected files. If you are exclusive you really get to know the style that istock likes very well. Many exclusives have very high acceptance rates (over 90%).
However I wonder what kind of rejections he is receiving at the other agencies. Maybe he can share some insights or tips when he has time.

Hi Cobalt, these rejections in iStock or in the other agencies have a lot of factors.

Regarding the images were accepted in iStock doesn't mean they will pass in all other agencies, once there are people behind it and the agencies polices differ. Also a good point said by ClaridgeJ that "many older files uploaded say about five, six years back would probably not pass todays quality and technical barriers". Besides that they also will fall into "over supplied photo category" now a days, where five, six years ago they were building the data base and weren't flooded with certain category images. Well, as I said before, there are a little list of reasons such as:
- Some agencies now accepts images with at least 4MP while iStock used to accept lower sizes, so as I sent in lots/FTP it counted;
- other reject due similar tittle and description;
- similar image (like police do not crop, flip, color, etc);
- too much already in the database - (Oversuplied category);
- some agencies has just an automatic rejection if you pick some category like FLOWERS :0) ;
- other prefer that the image be more sharpened or less effects and so on...
- iStock is a pain with isolation standards;
- Other is so random that seems they have a certain number of rejections to reach due the flood of images received daily.

For example a DT police to follow:
Same subject, different colors - one image, collage.
Same subject, flipped, change perspective - one image, collage.
Subject A online, subject B online - don't submit Subject A+B.
Whole view of subject A - don't submit crops, rotates, fill corners, multiple 'stamps' of it etc.
Subject A isolated on white - don't submit same with background color changed.

Cheers.

173
Lucato, thanks so much for the update. I continue to debate with myself over what point to leave iStock Exclusivity. I don't think I am at the point just yet for a number of reasons. Your report has been very helpful.
You're welcome StanRohrer. I know how this debate to ourselves is. :0) Keep following this thread. ;0)

174
@LuisSantos84

- Shutterstock (Lucato's Portfolio) - 950 files, now it is 1524 files online (2400 submitted + 200 in the queue);
Quote
its actually 876


No. Are you sure you haven't set some filters that are affecting your search results? It is really 1524 files online at SS. On the left column on the bottom try to clean your search setting by hitting the clear button.

Have a great Sunday.

175
@Poncke

I am not sure if I understand correctly, and it is by no means a jab towards anyone. But am I correct in saying that 2400 images were submitted and 600 were rejected?
If thats true, he wont have 7k images online, but around 5k. Which is still phenomenal, but 2k images less will also affect potential income compared to the 7k images exclusive on IS.
Hi there, yes, let's say 600 were reject, but each agency works in its way. So for example some just accepts images with at least 4MP while iStock used to accept lower sizes, so as I sent in lot/FTP it counts, other reject due similar tittle and description or similar image or too much already in the database or some has just an automatic rejection if you pick some category or other prefer that the image be more sharpened or less effects and so on. So, a lot of factors to reject them, and I wont lose time fixing them. Let's move on and keep upload and I have also thousand of new images parked in the HD to still be treated and submitted too. But I have no time. Image if I lose time fixing some rejections or worrying about them. ;0)

Quote
I have to say, I didnt realise that being exclusive would get you so much more money than being independent.
Well, it isn't like it seems easy or other. It has canister levels to reach. I'm 10 years member, and so on. So, it isn't in a blink of eyes to get a huge income difference. Mainly now with the RC system at iStock.

Thanks and have a nice day.

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