MicrostockGroup Sponsors


Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - hatman12

Pages: 1 ... 3 4 5 6 7 [8] 9 10 11 12 13 ... 51
176
iStockPhoto.com / iStock non-exclusive subs growth?
« on: August 27, 2015, 01:17 »
Are non-exclusives seeing any solid growth in subs sales at istock?

177
iStockPhoto.com / Re: What is happening to iStock?
« on: August 26, 2015, 17:31 »
Anyone who thinks that istock is going to continue to pay those $2.50 subs commissions is living in a dreamworld.  With gross financial revenue having declined significantly, and no evidence (yet) of any growth following the price changes made in Sept 2014 and the redesigned UI, they are going to use whatever means possible to sustain or improve profits.  And the prime contender is those $2.50 subs.  Why would they willingly make those payments when there are perfectly good ordinary exclusive files that pay $0.75 or even non-exclusive files that pay only 28c (approximately one-tenth).  No, what they really want is to get as many customers as possible on the premium subscription, then gradually reduce the exposure given to those $2.50 files.  For exclusives, subs sales might rise, but subs income will not rise at the same pace (or might even decline).

178
iStockPhoto.com / Re: What is happening to iStock?
« on: August 24, 2015, 04:15 »
The fact that it clearly doesn't work properly, the fact that the search has been crippled by the changes made in Sept 2012, and the nonsense of two and three keyword searches throwing up pages of files with zero downloads, are all factors that have contributed to istock's disastrous financial performance since 2012.  Customers are fed up and have left.  That's the only proof needed.

According to the Moody's financial reports, istock's gross revenue declined 7% in the year Sept 2012 to Oct 2013.  It then declined a further 7% in the following year.  Then, following the decision to radically change the pricing schedule in September 2014, gross revenue fell a further 17% in the final quarter.  Now, in their latest bulletin, Getty has announced that the 'decline has stopped' because revenue 'only fell another 3% in the second quarter of 2015'.  Gross revenue started out in the $350 million area in 2012, fell 7%+7%+17+3% or a drop of $120 million or so (annualised).

These are the plain facts.  The search is awful, the keyword relevancy is questionable, the web site is plagued with problems, the redesign is cumbersome.  The numbers speak for themselves.

Personally I would like them to sort out all the problems, get new management, get a new technology team, and get back on a growth track.  But unfortunately they constantly deny that anything is wrong.  And while this 'head in the sand' attitude continues, none of the problems discussed here will be resolved, customers will continue to leave, and istock's market share will continue to decline.

179
iStockPhoto.com / Re: What is happening to iStock?
« on: August 23, 2015, 21:24 »
Duplicate post

180
iStockPhoto.com / Re: What is happening to iStock?
« on: August 23, 2015, 21:23 »
When the keyword relevancy thing was introduced a few years ago it worked fine.  It worked fine because it counted both sales and views.  Also, back in those days, sales and views had high volume.  With that high volume the 'most important or relevant' words made their way quite quickly to the top of the list.  It was actually rare to see a problem, and most files had a very accurate relevance order.

In September 2012 when all the big changes to search were made, the 'views' part of the equation was taken away.  And more recently (as admitted and accepted by Lobo) the subs sales have not been linked to keyword order.  All that's left for relevancy is normal credit sales, which for most people are very small compared to several years ago.

So when the system was first designed it worked swimmingly, because high volume naturally made relevant words float higher.  The problem now is that there is no volume.

In addition, the changes made by Searchfairy in September 2012 placed a much higher emphasis on the first few keywords, and a much lower emphasis on the others.  Nowadays only the first half dozen or so words are considered to be 'sufficiently relevant' (see keywords forum couple of years ago for this discussion).

181
iStockPhoto.com / Re: What is happening to iStock?
« on: August 23, 2015, 14:43 »
They said many months ago that the mixed up order of keywords in the new UI was simply a 'display issue' and that the 'correct' keyword order could be seen by switching to the old UI.  Unfortunately that was a long time ago and nothing appears to have been done to solve the problem.  One would have thought that if it was just a 'display issue' it would have been a relatively simple thing to resolve.

If the search actually changes to the 'new' keyword order, then that will probably be disastrous for sales as the order shown in the new UI appears to be nonsense.

If, as ShadySue implies, the similars thing is based on the new keyword order then that of course would explain why that function also seems unable to work properly.

Unfortunately all of this is 'par for the course' at istock.  Their technology people appear to be incapable of completing tasks without screwing lots of things up, which usually results in a negative impact on sales.

It really is quite extraordinary that they cannot implement a similars display.  Nearly all retail web sites do it in some form, yet here we are (again) with istock seemingly incapable of introducing a function that should be quite straightforward.  They just don't seem to be prepared to spend money on good technology people (or they are not allowed to because the money has to be given to the venture capitalists).

Edit:  well I think I need to stand corrected on this one.  I've just looked at my last five sales, and the keyword order shown on both old and new UIs is the same.  So it looks like that problem has been solved, at least for those few files.  If it's still screwed up for other files, perhaps it is something that will be gradually implemented.

Also, the similars links appear to be reasonable.  Not perfect, but not outrageously poor.  Some files have a 'same series' display, others don't.

182
Canva / Re: Top-selling contributor at Canva.....
« on: August 21, 2015, 20:02 »
Congratulations Elena!

183
Stocksy / Re: Call to Artists 2015
« on: August 10, 2015, 15:17 »
In Lee's interview with Stocksy's CEO she says that their top photographers are now making $100,000 per annum:

http://www.microstockdiaries.com/interview-with-stocksy-united-ceo-brianna-wettlaufer.html

184
Canva / Re: Canva
« on: August 07, 2015, 19:30 »
Is anyone here getting any reviews and acceptances for new uploads?  I've got three batches waiting.  Admittedly it's only been a week/ten days, but until recently reviews used to be quite quick.

185
Canva / Re: Canva
« on: August 04, 2015, 20:24 »
I've had about 250 files removed from my portfolio over the last couple of weeks, so I'm in the same camp as most others here.

The last batch I uploaded hasn't been reviewed, although admittedly it's only been there a few days.

I've got another batch of new files to upload (which I think will be entirely suited to Canva for their purposes) but to be honest I'm holding off because I'm unsure of what to do.  All these file removals and lack of communication from Canva make me feel uncertain about their plans.

Sales are still rising (and I'm pleased about that) but if they continue to remove files eventually sales will fall.

Let's hope that Lee (or somone else from Canva) will be able to pop in here with an update so we can all be made aware of what exactly is happening.

186
Personally I feel that Google Trends gives a better overall picture.  Have a look and see the dramatic difference in trends comparing (say) istock, getty, (declining trends) and audiojungle, envato, canva (sharply increasing trends).

Interesting also to see the sharp increase in searches for 'Adobe stock photos'.

187
Off Topic / Re: GO Greece!
« on: July 03, 2015, 19:41 »
In my opinion it is likely that the Greeks will vote YES, the reason being that the past week has been a shock to them and they will be fearful of things getting even worse on a NO vote.  They'll likely vote YES out of fear, and in hope that a YES vote will bring the current crisis to an end and allow banks to reopen, pensions and wages to be paid, and international transactions to begin again (which they won't).

Unfortunately all this will do is kick the can down the road, and within a few weeks or months the crisis will return again when it becomes evident that reforms aren't being implemented and the recession continues even worse as tourists avoid the country and their major source of income and employment dwindles.

188
Adobe Stock / Re: Fotolia Rank
« on: July 02, 2015, 12:44 »
When I joined Fotolia on 1st Feb the stats showed me as number 123,000, so that's how many registered suppliers there are at the moment.


189
Off Topic / Re: GO Greece!
« on: June 28, 2015, 19:59 »
Greece is like a person who has maxed out debt on multiple credit cards and blames everyone except himself.  Greece has borrowed, borrowed, borrowed, spent, spent, spent, without the national income needed to support the spending and borrowing.  Now they are blaming everyone except themselves.  They continue to pay generous pensions even though they don't have the national income to justify those payments.  They refuse to increase taxes, reduce pensions and government expenditure, and just keep blaming the Germans.  They are bankrupt but refuse to accept that it is their own fault.  They want to continue spending and borrowing and have the EU community pay for it.  They have no intention of ever repaying the loans, and for some reason they believe it is their God given right to have the rest of Europe subsidise their lifestyles without making any effort to change.

Greece is basically a third world Country of just 11 million people living above their means.  There is little industry, little willingness to work, and avoidance of taxes appears to be a national sport.

The ECB, IMF and Germany have now said 'enough is enough'. "We are not going to continue to lend you money unless you make an effort to balance your books, collect taxes, and run the Country with a budget surplus so that loans can be repaid".  Greece has refused to do this, as it just expects Europe to keep paying, paying, paying and lending, lending, lending.

Greece is a bankrupt Country, it refuses to stop spending, collect taxes properly and increase VAT to balance the budget deficits, and the sooner it is kicked out of Europe the better the European finances will be.  Enough is enough.  Goodbye Greece - get out of Europe and stop wasting away the money made by hard working people in other European Countries.

190
Shutterstock.com / Re: sudden increase of $0.38 SODs
« on: June 26, 2015, 00:44 »
3528 in one day?  Really?  Whoa..... that's some result.  Congratulations.

191
Illustration - General / Re: Colourbox??
« on: June 12, 2015, 05:17 »
When I went independent a few months ago I had Colourbox on my list of potential agencies.  They looked professional and seemed to be able to demonstrate fast growth.  I started to upload there but quickly became disillusioned due to very low sales and commissions.  I decided to search the internet to see if I could find some financial information about them, and found their official accounts from 2012/13.  Yes, they have grown fast, about doubling from the year before, but their overall gross revenue is very small - somewhere in the region of 4 million Euros (that's for 2012).  They have assets of less than 1 million Euros.  Although they are well respected, they are very, very small.

On reflection, their commissions payable to suppliers are way too small, at 20% for credit sales and 20 Euro cents for subs.  That's actually insultingly small for such a small operation with low sales, and much less than most medium size operations pay (such as 123, Big, DP etc).

Following my research, and the realisation that they have very low sales I stopped uploading and I'll most likely close my account.

They are well respected, honest, professional, and growing fast.  But sales are still very low and the low commissions they offer are really quite insulting.

They might of course become much larger in the years ahead, but if they succeed bear in mind they'll have done so by paying amongst the lowest commissions in the business.  Not something I want to support.

192
My wife has this Canon 24-105L and her copy is super sharp and a real pleasure to use.  She uses it on her 5Dii.

I got fed up carrying my 24-70L F2.8 so I thought I'd also get a 24-105.  Bought one and it was very soft all over.  I took it back to the shop and changed it for a different one.  That one was also soft.  Went back to my very sharp 24-70L, and bought a 70-300L F4 instead (and very pleased with it).

So:  there are some very excellent copies of the 24-105 available, and if you get a good copy it's an excellent lens.  However production quality appears to be variable and it is quite possible to get a very soft lens.  If you want one you'll have to be prepared for disappointment, and buy at a good shop that will let you change.

193
What Shutterstock has done here by allowing this nonsense portfolio is a complete insult to hard working stock photographers who submit high quality work in the hope of earning a decent living.  A complete insult.  Absolutely unacceptable.

194
Shutterstock.com / Slow today - is it a holiday?
« on: May 14, 2015, 16:37 »
Sales surprisingly slow at Shutterstock today, and low everywhere else too.  Is it some sort of Holiday in America and Europe?

195
Adobe Stock / Re: Fotalia re-design!
« on: May 01, 2015, 16:56 »
Seems you can now update keywords for existing images - isn't that new and improved?

No, keywords can't be edited.  You'll get an error message if you try.  In fact nothing can be changed except prices.  Shame, because I think having the facility to REDUCE the number of keywords would be good, particularly as they say that fewer keywords increases relevancy,  I can understand why they would want to stop people adding extra words though.

196
Canva / Canva - new licences, services etc
« on: April 29, 2015, 21:07 »
I thought I'd start a new thread on this, as I think it's a subject that's important.

For those involved with Canva, presumably you've all seen the announcement email giving details of new RF licencing, subscription services, on-demand sales etc.

Personally I'm very pleased with the progress at Canva, and I suspect they'll continue to grow.  According to Lee's email they are adding about 300,000 new potential paying customers every month, which is quite some growth rate.

I hope that over the next few months we'll start to see on-demand sales.  At $3.50 a sale, those will be worth having and could make a huge difference to the money earning potential.

I have a doubt about the new RF subscription, which might cannibalize the current multiple sales, but Canva seems to have done everything right so far so presumably they've got this one thought through.

It's not clear whether RF sales can be 'taken away' for use in other projects, or whether all sales remain just for use in the Canva platform.  Perhaps Lee can clarify this point.

197
Shutterstock.com / Re: New High (LOW) Today..
« on: April 28, 2015, 03:59 »
@tavi, you've got a portfolio of 3250 images, and you didn't sell a single thing?  Not even a sub?

198
Adobe Stock / Re: Fotolia views climbing rapidly
« on: April 22, 2015, 22:20 »
No neither do I.  Usually.  But when someone remarks that views are suddenly climbing 50% to 100% over a two week period, that's something perhaps significant, and worth wondering about.

199
Adobe Stock / Fotolia views climbing rapidly
« on: April 22, 2015, 21:44 »
I've noticed the number of views at Fotolia climbing rapidly over the last couple of weeks.  Initially I thought this was due to new uploads, but then I noticed others commenting on it in the FT forum.

Anyone else seeing a rapid rise in views at Fotolia?  Anyone know why? (go to your statistics page to see the views history)

Edit:  we're talking here about views suddenly climbing by 50% to 100% ie. a significant and very strong change.

200
Newbie Discussion / Re: New here and new to microstock.
« on: April 14, 2015, 19:18 »
Portfolio developing nicely.

Pages: 1 ... 3 4 5 6 7 [8] 9 10 11 12 13 ... 51

Sponsors

Mega Bundle of 5,900+ Professional Lightroom Presets

Microstock Poll Results

Sponsors