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Messages - Lee Torrens

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351
iStockPhoto.com / Re: Declining trend?
« on: May 25, 2007, 09:39 »
iStockphoto are my only declining site so far this month. A bit of quick & dirty research shows some interesting results:

Alexa compare of IS, SS & DT shows IS declining slowly over the last six months while SS & DT are steady. Much lower, but steady.

Google Trends analysis of searches on the names of IS, SS & DT shows them all rising and again, IS well in front.

But the most interesting metric, which is in line with the trend IS photographers are experiencing is the comparative chart of IS, SS & DT at compare.com  It shows a marked drop in traffic at IS since March.

Note, these links are permalinks, so the charts you see following the links will change over time and may not be relevant to this topic after a month or two.

Big picture, I think the others are catching up to iStockphoto. IS are continuing their innovation and in my opinion have the most advanced system. But economics have a greater impact, so ShutterStock's subscription model has more influence on how much photographers receive and how many photos buyers get for their money. You can have the most functional and pretty website, but if your competition have more photos availabler for lower prices, it's not going to keep you in the top position for very long.

Small picture, these trends go up and down all the time. What we're experiencing here is - so far - a short term trend. I expect it'll be a forgotten trough in the charts before long.

352
iStockPhoto.com / Re: Declining trend?
« on: May 20, 2007, 06:18 »
iStock want to keep their upload levels low. Steve-oh is spot on. It's balance of supply and demand. Their strategy reflects it. They have the most severe upload limits in the market, and their referral program only rewards for referring buyers, not contributors.

While it's frustrating to us contributors, iStock know where their money comes from. There will always be more brilliant photographers, and they have most of the current ones on their books already. There's a much higher impact losing a customer than losing a supplier, and they know it.

353
Off Topic / Re: While travelling, using internet - safe??
« on: May 18, 2007, 18:40 »
I log on to everything on unknown computers, but I advise people I care about not to do so. I've worked with computers all my career and I keep up with the scams and security technology. The best defence you have is understanding. So here's some simple background so you know a little more about what to watch out for.

Keyboard loggers. There are tools readily available that record the keys pressed on the keyboard and put them in a file. These can be later retrieved and used to see what you typed. "www.mybank.com"...."myuseraccount"...."mypassword".  You cannot tell if these loggers are running on the computer.

Screen captures. These tools capture the screen, just like sitting a video camera up in front of the monitor. They're usually used in combination with keyboard loggers in case your bank has the half-way-measure of requiring you to click moving buttons with the mouse instead of typing your pin number on the keyboard.

Traffic sniffers. These log the traffic going back and forth between your computer and the Internet. These tools don't even have to be running on your computer - they can be between your computer and the Internet if you're using an Internet cafe's connection on your own laptop. These can be used to see your logon credentials in plain text if you're not using a secure connection.

One of my online banking facilities requests a random combination of characters from my pin number AND password each time I log on. For example, "Please enter the sixth, fourth and tenth characters from your password".  This ensures that even if someone is logging your keyboard strokes, capturing your screen and sniffing your traffic, they don't get your full password. This bank has had this technology in place for three years now and it's the only foolproof way to securely access private information on a public computer. I can't understand why it hasn't caught on yet.

And sharply_done is right. This stuff is all too easy. All of these tools are available from download.com !  But you're not right about the microstock websites having secure login. iStockphoto, Shutterstock and 123rf have stealth encryptioni. If you look at the code of the pages with a login form you'll see the credentials are sent to a page with the https prefix. It's not foolproof, but it helps. LuckyOliver actually has a fully secure and dedicated login page. Not so glamorous, but better.

So what to do?
- You can manually put the 's' after the 'http' on most sites to switch to encrypted traffic, assuming they have an SSL certificate. All the microstock websites do.
- Switch to a bank that uses partial passwords like the process described above
- Change your passwords regularly. If you know you're going to be using a public computer, change to a temporary password first and then change it back once you're on your own computer. If you beat them to it this will be effective.
- Educate yourself and those around you. The more people understand the scams and protect each other the less money there will be in it for the perpetrators.

Be safe out there! ;)
-

354
Off Topic / Re: Receiving money while travelling
« on: May 06, 2007, 23:32 »
Hi Adelaide,

I'm never at home. I have my PayPal account linked to my bank account so I can transfer the money any time I like. I then just use my ATM card wherever I am and I have cash in the hand.

Can't you link Moneybookers to your bank account?  (I don't know as I don't use them)


Lee.

355
I'm at 81 views per sale, which surprises me. My portfolio is all over a year old and my photography skills were in their infancy back then.

epixx, payout is at $50 if you have PayPal, so you could only have to wait six months!  ;)

356
CanStockPhoto.com / Really high sales so far in May (4th)
« on: May 04, 2007, 19:20 »
Has anyone else noticed high sales at CanStockPhoto this month? I've already passed my monthly average in terms of sales and earnings and it's only the 4th of the month! I have a portfolio of 281 images and haven't uploaded since May last year due to low sales.

Anyone else noticing movement?

357
Off Topic / Re: How to calculate growth?
« on: April 28, 2007, 18:10 »
Awesome! I'm really happy to see I'm not alone charting & analysing the trends. I hadn't seen anyone else post their charts before. In fact, it seems you're way ahead. I don't track daily statistics and I had to Google 'polynomials'!

You're right - if you're living from this then it's not overkill to chart & analyse and you need to stay informed. The question that arises is what decisions do you make from your charts?  I saw it as overkill because it doesn't empower me to do anything. I can see which websites perform well against others, but that's obvious just looking at the numbers. How do you use these charts?

Also, what application do you use to make these charts?

358
Off Topic / Re: How to calculate growth?
« on: April 27, 2007, 12:25 »
A percentage change is a good indicator of the movement of your income, whether for an individual site or across all your sites. Being able to see those movements over time provides more 'information' from your 'data'.

I don't use percentage changes but I do track my income over time. I also take lessons from my stock market trader friend who's recommended the Moving Average (MA) technique. I've attached my income chart so you can see for yourself. (Being Australian there is a line there which tracks the AUD versus the USD, but you can ignore that)



Basically the blue line is my income (USD). The light-blue, yellow and purple lines are my 3-month, 6-month and 12-month MAs. The MA lines are intentionally smoothed to better indicate trends.

The deal with MAs is they flatten out your stats. If your income goes below your moving average then you're going poorly. Whether each MA is heading up or down, and whether the MAs cross each other, are all indicators. The ideal is to have your income above all MAs and all MAs pointing upwards.

As an example of what this can tell you: Right now with my extrapolated April results, I have my 3 and 12 month MAs pointing upward and in the right order. However my 6-month MA is pointing down and has crossed through BOTH other MAs. This tells me I'm doing ok in the short term, ok in the long term, but in the medium term I'm doing really poorly.

All of this is obviously overkill as I'm not making million dollar trading decisions on the information, unlike my friend. But, it's fun and it's comforting to see from this chart that my microstock activity is viable long-term. I can also get insights into the impact of seasonal changes and periods of my inactivity.

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