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Author Topic: "I'm a single mother. My son and I will literally have nothing to eat."  (Read 3929 times)

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Noedelhap

  • www.colincramm.com

« Reply #50 on: June 06, 2020, 04:35 »
+1
The amount of criers in here is too high ... so does this single mother calculate the 2/3 by the reduction on the minimum earnings on a single sub image? Or was it another miscalculated mistake?

Also all those that come too emotional, did they even bother calculating their average rpd (RETURN PER DOWNLOAD)? The answer is NO, because most contributors don't care to be objective towards the situation. And by this you make us ALL look bad.

The objective approach is to measure the new average RPD and really find out how much is Shutterstock gaining towards contributors with this move. The percentage tier earnings seemed fair all along. I never understood why Shutterstock should be selling .22 and pay .38 to someone. Even paying 0.10 might put them at a loss here.

In the post we did about average RPD (that nobody bothers posting) we are currently measuring an average reduction of contributor % compared to a past lifetime average. Currently it's at just 20% average (even with some people complaining that they lost 66%). Did they get only 1*$0.1 dl compared to $0.38 and gave it as data?

The only bad thing about that new deal, objectively, is the January reset. For both economic and psychological reasons. Contributors value their gained retention and it shouldn't be taken away. That is all that any contributor should be hard to negotiate with and Shutterstock should be pushed to change their policy. The rest, might be ok at the end if measured correctly. Personally my RPD in June for the first week looks almost as before (-2% average without enhanced dl's, with enhanced I am counting a +37% in RPD right now for June) and I am level 5. So if I was level 6 I would have +5% on that and level 4 would be -5%. The "point zero" of no loss / no gain in this tier system is Level 5.

So, to recap, just push Shutterstock to remove the January reset, because it's harmful to the contributor's pocket indeed and retention psychology. But the Tier system, ain't THAT much harmful in the pocket, as much as it is in psychology of watching a new minimum amount earned per download (but a proportionate number of downloads are returning higher too).

You people remind me of the American burger market, that consumers thought that 1/4 was bigger than 1/3 ... because of the ... 4>3.

Learn some math and then come to the business. Compare:

Lifetime Income / Lifetime Downloads = x
June Income / June Downloads = y

Divide y to x and then deduct 1.
y/x-1 = Your generic average +- %

The enhanced downloads seem to complicate this so:


Go to a month that you had minimal or no enhanced downloads at all and measure that months average RPD.
That month's Income / That month's = z

And count June as if no enhanced also.

June with no enhanced income / June with no enhanced dl = v

Redo this equation:
v/z -1 = An "as accurate as it gets" representation of your gains or losses

The actual difference I am getting with this in the first week is that with the new tier system I am losing -1% or -2% in level 5. It's a negligible difference and could be attributed to normal fluctuations. But level 4 is surely at a 5% calculated loss, level 3 surely at a 10% calculated loss if they are coming from the earlier highest 0.38 tier.

And let's get some accurate results:
https://www.microstockgroup.com/shutterstock-com/how-is-ss-rpd-turning-out-for-you-in-this-first-month/msg551033/#msg551033

June 2020 compared to June 2019, according to your formula: -0.33, or a 33% loss
June 2020 compared to May 2020: -0.497, or an almost 50% loss
June 2020 compared to April 2020: -0.35, or a 35% loss.

And I also counted the downloads of June 1st under the old system, so in reality the loss will be bigger than that in future months.

How do you come up with just a 5% loss is beyond me. One look at the new tier system and royalties shows that most contributors will be making a huge loss if you're level 4 or lower. Let alone when you start over at level 1 every January.

 


« Reply #51 on: June 06, 2020, 04:35 »
+3
I really dont like the negativity, guys stop it. People assuming higher levels could actually increase the earnings are VERY wrong. People who have large amounts of traffic and sales can provide better samples. I am nowhere near the big guns but I have managed to get here in 5 years while being a father of 2 while having other things to do. I really havent slept much, that is for certain 😂. I never wanted to negotiate a special deal nor do I intend to. What really pisses me off is that I have 20.000+ New photos ready to be uploaded which are way above my microstockish quality I have been adding thus far and I am not willing to upload high quality content to be sold off for 10 cents. So For the past months I kept uploading subpar quality images from 4-5 years ago..

So where does one sell high quality macrostock other than getty? I really dont fancy them either.

anon20200611

« Reply #52 on: June 06, 2020, 04:46 »
0
June 2020 compared to June 2019, according to your formula: -0.33, or a 33% loss
June 2020 compared to May 2020: -0.497, or an almost 50% loss
June 2020 compared to April 2020: -0.35, or a 35% loss.

And I also counted the downloads of June 1st under the old system, so in reality the loss will be bigger than that in future months.

How do you come up with just a 5% loss is beyond me. One look at the new tier system and royalties shows that most contributors will be making a huge loss if you're level 4 or lower. Let alone when you start over at level 1 every January.

Is this at level 4, compared with an earliest highest tier of 0.38?

Did you run the formula that takes enhanced or with no enhanced under consideration? Because it can count negatively when you compare a lifetime average including enhanced dls and a week with only sub and OD without enhanced dls.

By June 2, I saw a maximum fluctuation to my average up to -29% to my lifetime average (but I was comparing WITH enhanced dls against WITHOUT). Then I did without and the real stat was -12%. I was also worried with that, but then it retracted when above average sub and on demand downloads came. Now I am seeing +3% without counting the enhanced dl's. With the enhanced dl's I am +37% in rpd this month.
« Last Edit: June 06, 2020, 04:51 by astockphotographer088 »

« Reply #53 on: June 06, 2020, 04:53 »
+2
You are taking a 5 day sample of one person's earnings and then telling people they need to understand maths maybe you could brush up on your statistics.

With a 25% sample you can accurately determine election results also. It's called statistics and they work. The 25% is because I counted 5 working days out of ~20 average that stock sales are most active.

So please be as kind as to explain my numbers then. I am a mathematician and a software engineer by trade so I might know a thing or two. I have not been posting on forums because I am emailing shutterstock directly BUT I am lvl 6 and I have had a steady 500+ images sold on every freaking day for the past 3 years. That gives you a clear picture and a good enough sample to draw conclusions. 70% of the sales are below 0.2 and most are just 0.1. I do get 100+ sales as well but the overall numbers are dreadful. We are looking at a 30% decrease in earnings. I am waiting for another week and I am gone.

Look man, I trust what you are saying but I'm out of this sentimental bs that some people that can't calculate throw at me. I don't see a 70% below $0.2 like you, but more like a 40%. If you want to talk about it more accurately and compare stats feel free to pm me. If your portfolio had exactly the same tendencies like mine at the moment then you would have surely seen a +8% with the new system just because you are level 6 and I am level 5. I am willing to share screenshots, skype video call with you or whatever.

I believe you. As strange as it sounds some really did see a 200% increase during The past 2months without having covid images at all. Some glitch in the algorithm or pushing of some contributors to the front pages is real thing it seems. What bothers me is that I have seen  in some post that The average RPD netted SS something like 3.5 if I recall correctly. For them to decrease the rpd for us from 0.6-0.7 to 0.4-0.5 is just pure greed. I think january reset should be abolished although itwouldnt affect me much as I would climb the ladder fast enough. Still its just a moneygrab scheme for them and an ugly one.  Whats more important, they should change the minimum sub to something like 0.3 andthat should pretty much result in numbers similar to the old system forthe average contributor while still stimulating them to upload more as the ones higher up would be earning a bit more. It wont happen though, the sole reason was to stuff their hungry capitalist mouths even more.

Noedelhap

  • www.colincramm.com

« Reply #54 on: June 06, 2020, 05:00 »
+1
June 2020 compared to June 2019, according to your formula: -0.33, or a 33% loss
June 2020 compared to May 2020: -0.497, or an almost 50% loss
June 2020 compared to April 2020: -0.35, or a 35% loss.

And I also counted the downloads of June 1st under the old system, so in reality the loss will be bigger than that in future months.

How do you come up with just a 5% loss is beyond me. One look at the new tier system and royalties shows that most contributors will be making a huge loss if you're level 4 or lower. Let alone when you start over at level 1 every January.

Is this at level 4, compared with an earliest highest tier of 0.38?

Did you run the formula that takes enhanced or with no enhanced under consideration? Because it can count negatively when you compare a lifetime average including enhanced dls and a week with only sub and OD without enhanced dls.

By June 2, I saw a maximum fluctuation to my average up to -29% to my lifetime average (but I was comparing WITH enhanced dls against WITHOUT). Then I did without and the real stat was -12%. I was also worried with that, but then it retracted when above average sub and on demand downloads came. Now I am seeing +3% without counting the enhanced dl's. With the enhanced dl's I am +37% in rpd this month.


Yes level 4, and previously 38c tier (>$10k lifetime earnings).
I've not counted enhanced licenses (I don't get those anymore, lol).

I don't use lifetime income, as this can skew things, but as you can see I compared the average RPD of certain months. Lifetime average RPD don't come into play then.

« Reply #55 on: June 06, 2020, 05:05 »
0
Wait, someone was using lifetime average? Including when they were on 25c as opposed to 38c to compare to being level 5 tier now? or even including older pay-scale before that? What? Why?

« Reply #56 on: June 06, 2020, 05:08 »
0
I dont know why somebody would compare data from like 2 years ago even. The market has taken a hairpin turn since then basically. Add to that the presence of a virus and various other factors with one being certain portfolios have a specific time when theydo better etc. its best to compare May to June.
« Last Edit: June 06, 2020, 05:12 by nd3000 »

anon20200611

« Reply #57 on: June 06, 2020, 05:18 »
0
I believe you. As strange as it sounds some really did see a 200% increase during The past 2months without having covid images at all. Some glitch in the algorithm or pushing of some contributors to the front pages is real thing it seems. What bothers me is that I have seen  in some post that The average RPD netted SS something like 3.5 if I recall correctly. For them to decrease the rpd for us from 0.6-0.7 to 0.4-0.5 is just pure greed. I think january reset should be abolished although itwouldnt affect me much as I would climb the ladder fast enough. Still its just a moneygrab scheme for them and an ugly one.  Whats more important, they should change the minimum sub to something like 0.3 andthat should pretty much result in numbers similar to the old system forthe average contributor while still stimulating them to upload more as the ones higher up would be earning a bit more. It wont happen though, the sole reason was to stuff their hungry capitalist mouths even more.

My average rpd without enhanced was $0.52 and with the enhanced it was $0.64
My June rpd right now without enhanced is $0.56 and with the enhanced it is $0.86

I don't understand the huge difference in your portfolio and you have a big number of downloads, so your losses must in the hundreds right now. Are you commercial or editorial? I am asking because maybe editorial gets more large publication clients that would own those penny deals Shutterstock is offering. But commercial may keep attracting more smaller clients?


« Reply #58 on: June 06, 2020, 05:25 »
0
I believe you. As strange as it sounds some really did see a 200% increase during The past 2months without having covid images at all. Some glitch in the algorithm or pushing of some contributors to the front pages is real thing it seems. What bothers me is that I have seen  in some post that The average RPD netted SS something like 3.5 if I recall correctly. For them to decrease the rpd for us from 0.6-0.7 to 0.4-0.5 is just pure greed. I think january reset should be abolished although itwouldnt affect me much as I would climb the ladder fast enough. Still its just a moneygrab scheme for them and an ugly one.  Whats more important, they should change the minimum sub to something like 0.3 andthat should pretty much result in numbers similar to the old system forthe average contributor while still stimulating them to upload more as the ones higher up would be earning a bit more. It wont happen though, the sole reason was to stuff their hungry capitalist mouths even more.

My average rpd without enhanced was $0.52 and with the enhanced it was $0.64
My June rpd right now without enhanced is $0.56 and with the enhanced it is $0.86

I don't understand the huge difference in your portfolio and you have a big number of downloads, so your losses must in the hundreds right now. Are you commercial or editorial? I am asking because maybe editorial gets more large publication clients that would own those penny deals Shutterstock is offering. But commercial may keep attracting more smaller clients?

Losses are in thousands. Commercial only.

anon20200611

« Reply #59 on: June 06, 2020, 05:25 »
0

Yes level 4, and previously 38c tier (>$10k lifetime earnings).
I've not counted enhanced licenses (I don't get those anymore, lol).

I don't use lifetime income, as this can skew things, but as you can see I compared the average RPD of certain months. Lifetime average RPD don't come into play then.

Ok I understand you. Yes my averages are not calculated as in the lifetime averages but mostly compared from my earlier .38 tier, same as you. If mine and your portfolio would have exactly the same tendency, I would say that the "new normal" for you would be -9%.

I am trying to find the real reason why some people face those huge drops of even 40% or even 50%.

I develop a suspicion about heavy on editorial content portfolios. Maybe editorial licenses are purchased more by editorial clients which may be populated as larger companies that would afford to purchase the annual prepaid, price killing, package? Are you an editorial heavy photographer? My stats are on a 100% commercial port.

 

« Reply #60 on: June 06, 2020, 05:34 »
+4
By the end of month you're be able to pay only half of the rent. And how is getting from $0,38 for sub to $0,10 1% drop? You were skipping math classes when you were young, weren't you?

I just explained to you a whole valid mathematical equation formula on how to monitor your average rpd accurately. The real difference in average income I am measuring is -2% right now because:
(1) I don't count results with the enhanced downloads to determine an average just by subs and on demand downloads that their frequencies are steady. For example I am +37% in average income / download, because I had big single/enhanced dls this week.
(2) For each chance to get a 0.1 instead of a 0.38 there is an equal chance that I will receive a $1.0 instead of a 0.38.

By closely monitoring these results for the whole first week that the system came into effect, I can tell you accurately that the end difference on average return per download (the only accurate measurement in this whole charade) was -2%. 25% of the month has passed and the first sample is valid enough by now.

I am level 5, and level 6 is +5% which is motivating me to contribute more.

What I don't like, is that I will need to have bad Januaries consistently and not keep my retention. So my only protest is against the reset, to transform into a 12 month average and not a level 1 reset. Other than that the new system seems fair so far for level 5.

A level 4 though, that would come from the previous highest tier, on the same measurements they would lose -7%. So it might be harder. But Level 4 is under 2500 dl's, which is at the best a part time work for some.

For big contributors at level 6, they probably earn +3% against Shutterstock than they did before by now. The tier system is fair, but not the January reset.

Ps. My math scores were 18/20 to 20/20 for 6 years of middle/high school consistently. In my business degree in college I also retained good scores to finances. Thanks for bringing up some good times from the past.

This is the first year. They are being very nice (from their perspective).

They put out a rate card and a 10 cent floor, that just might be enough to convince some top level artists to stay.

But if you have ever worked in a hamster wheel sales sweat shop envirnoment or just in sales full time...this will get much,much worse.

They might even introduce a level 7,8,9,10 and then point to maybe 6 large studios with 20 employees and say - you see? If they can make it, so can you. YOU ARE ALL JUST LAZY WHINERS!

While this might work in an economic environement where people have no options, like actual physical workers in the middle of nowwhere and there is just one very large company...on the internet...it does not work.

Because all content can very easily be moved elsewhere. Sure, it will again take time for customers to come around and find your files...but many buyers are producers...so

The Media industry needs change very, very quickly, every few weeks there is a new badly needed trend. If you dont have enough happy upload monkeys who are ready to supply that, the agency vibe goes down quickly.

Also the top level producers, you think they are idiots?

You saw how quickly eyeidea pulled his port, you see in the forums ports with 50 000 files being disabled. You think producers do this because they are emotional?

People can smell fakeness and coming failure from miles away.

So if for you the new system works well, by all means please go and upload and work hard. It just got a lot easier, because all your competition is leaving...

But the community of truly active producers, will never support a company that is completly incapabale of communicating, not even in their own forums, has a new CEO with no visible skills for the market or the business, reacts really badly to have their income cut abruptly with a 5 day notice in a middle of a pandemic...etc...

SS has 1.9 million registered buyer accounts and 1.2 million regustered producer accounts, accumulated over 15 years. They are not google or facebook or ebay.

It is not a place where Jim and Kate buy pictures. They get them from unsplash or pixabay or just steal them from google.

The relevant and active buyer base is maybe, just maybe, 10% of that. So is the producer base.

Yes, thousands of people register as producer or buyer every year. But in how many places do you yourself sign up one day and then forget about it?

Prodcuers and buyers are mostly the exact same group of people, as simply the registered account numbers already indicate.

That is why you cannot just be cruel to the producers and hope to get away with it.

How many graphic designers have already bought credits elsewhere??

They will never recommend SS to their high paying clients ever again.

So...if SS thinks they can make it up in volume in china or india...good luck with that.

In the meantime Adobe just sits back, twiddles their thumbs and enjoys their wine, while the producers are switching and driving buyers towards them.

The buyers will always follow the high quality content.
« Last Edit: June 06, 2020, 05:45 by cobalt »

anon20200611

« Reply #61 on: June 06, 2020, 05:35 »
0
Losses are in thousands. Commercial only.

It's intriguing then. But for some reason, your work seems to be appealing in a larger scale, to many more larger clients (with the annual prepaid plans) than mine does. Because the larger percentage of >.2 sales don't make any other statistical sense.

« Reply #62 on: June 06, 2020, 05:37 »
+1
I really dont like the negativity, guys stop it. People assuming higher levels could actually increase the earnings are VERY wrong. People who have large amounts of traffic and sales can provide better samples. I am nowhere near the big guns but I have managed to get here in 5 years while being a father of 2 while having other things to do. I really havent slept much, that is for certain 😂. I never wanted to negotiate a special deal nor do I intend to. What really pisses me off is that I have 20.000+ New photos ready to be uploaded which are way above my microstockish quality I have been adding thus far and I am not willing to upload high quality content to be sold off for 10 cents. So For the past months I kept uploading subpar quality images from 4-5 years ago..

So where does one sell high quality macrostock other than getty? I really dont fancy them either.
Well, if it turns out to be 30%, it is not the end of the world, especially because Adobe is overtaking a part of your and everyone elses income. It is roughly 15% of overall loses then. Just trying to make things look better, since I noticed it took a big hit on you :) Regarding your top quality content, well I know you are emotional, but Getty is still the biggest player in that field.

« Reply #63 on: June 06, 2020, 05:46 »
+1
I really dont like the negativity, guys stop it. People assuming higher levels could actually increase the earnings are VERY wrong. People who have large amounts of traffic and sales can provide better samples. I am nowhere near the big guns but I have managed to get here in 5 years while being a father of 2 while having other things to do. I really havent slept much, that is for certain 😂. I never wanted to negotiate a special deal nor do I intend to. What really pisses me off is that I have 20.000+ New photos ready to be uploaded which are way above my microstockish quality I have been adding thus far and I am not willing to upload high quality content to be sold off for 10 cents. So For the past months I kept uploading subpar quality images from 4-5 years ago..

So where does one sell high quality macrostock other than getty? I really dont fancy them either.
Well, if it turns out to be 30%, it is not the end of the world, especially because Adobe is overtaking a part of your and everyone elses income. It is roughly 15% of overall loses then. Just trying to make things look better, since I noticed it took a big hit on you :) Regarding your top quality content, well I know you are emotional, but Getty is still the biggest player in that field.

I just cant let them keep humiliating us/me even so now when I know that the change was not done to help them cope with the new challenges and all that pr crap they throw at us.

« Reply #64 on: June 06, 2020, 05:52 »
0
I really dont like the negativity, guys stop it. People assuming higher levels could actually increase the earnings are VERY wrong. People who have large amounts of traffic and sales can provide better samples. I am nowhere near the big guns but I have managed to get here in 5 years while being a father of 2 while having other things to do. I really havent slept much, that is for certain 😂. I never wanted to negotiate a special deal nor do I intend to. What really pisses me off is that I have 20.000+ New photos ready to be uploaded which are way above my microstockish quality I have been adding thus far and I am not willing to upload high quality content to be sold off for 10 cents. So For the past months I kept uploading subpar quality images from 4-5 years ago..

So where does one sell high quality macrostock other than getty? I really dont fancy them either.
Well, if it turns out to be 30%, it is not the end of the world, especially because Adobe is overtaking a part of your and everyone elses income. It is roughly 15% of overall loses then. Just trying to make things look better, since I noticed it took a big hit on you :) Regarding your top quality content, well I know you are emotional, but Getty is still the biggest player in that field.

I just cant let them keep humiliating us/me even so now when I know that the change was not done to help them cope with the new challenges and all that pr crap they throw at us.
I agree with you on that. I would also like to see some kine of exclusivity scheme from Adobe, for example, I would accept it in a blink. I have had few arguments and disappointments with ss down the road, so I could expect this from them, it didn't hit me that hard emotionally. But, what are the options - Adobe exclusivity (slim chances) and Istock exclusivity (another unfair slavery scheme)?

anon20200611

« Reply #65 on: June 06, 2020, 05:55 »
0
You saw how quickly eyeidea pulled his port, you see in the forums ports with 50 000 files being disabled.

Yea ok, but big contributors pull themselves out all the time. Arcurs also pulled 80k images out of SS back in the day and went exclusive on iStock. His quality was top also. But after some years, SS received other studios of 500k images that delivered an equal or better quality than Arcurs.

« Reply #66 on: June 06, 2020, 06:57 »
+4
If Adobe offered an exclusive path we would all go there...


anon20200611

« Reply #67 on: June 06, 2020, 07:04 »
+5
If Adobe offered an exclusive path we would all go there...

Never put all your hopes to a single one of them ... it just doesn't make sense. Just sell to all non-exclusively and earn. And the same applies also in a stock income in general. It shouldn't be the sole source of income for a photographer. 50% tops. So if 20% of stock income fails (like in this case), the damage won't be more than 10%.

« Reply #68 on: June 06, 2020, 07:06 »
+3
Losses are in thousands. Commercial only.

It's intriguing then. But for some reason, your work seems to be appealing in a larger scale, to many more larger clients (with the annual prepaid plans) than mine does. Because the larger percentage of >.2 sales don't make any other statistical sense.
You are just an outlier. Take step back and look at what most people are reporting. There are outliers in every sample, usually you disregard them.

I get that's hard when it's you, but take a look at what everyone else is reporting. You probably just had a couple of people with smaller subs packages find one of your collections or portfolio and use a big chunk of their dls there.

« Reply #69 on: June 06, 2020, 07:08 »
+3
Dont worry I was an istock exclusive, I will never do that again.

But if they offered exclusive images, video, I would sincerly try to build up a port there.

« Reply #70 on: June 06, 2020, 07:18 »
+2
I won't go exclusive.
If it's on a per image basis i would make a few best sellers on Adobe that does not sell on other sites exclusive

anon20200611

« Reply #71 on: June 06, 2020, 07:22 »
+1
Losses are in thousands. Commercial only.

It's intriguing then. But for some reason, your work seems to be appealing in a larger scale, to many more larger clients (with the annual prepaid plans) than mine does. Because the larger percentage of >.2 sales don't make any other statistical sense.
You are just an outlier. Take step back and look at what most people are reporting. There are outliers in every sample, usually you disregard them.

I get that's hard when it's you, but take a look at what everyone else is reporting. You probably just had a couple of people with smaller subs packages find one of your collections or portfolio and use a big chunk of their dls there.

I am running the average RPD thread man, it's currently -33% from 14 people average, I am not blind. But I am asking the right questions. Many people in my position could be like: "let others complain and there can only be gain from this since I already gained" right? Well no. The well being of Shutterstock matters equally to me and I don't see them as a charity organization. If people defame them more than they actually deserve, it's dangerous for my portfolio there in extend.

« Reply #72 on: June 06, 2020, 08:11 »
+3
Losses are in thousands. Commercial only.

It's intriguing then. But for some reason, your work seems to be appealing in a larger scale, to many more larger clients (with the annual prepaid plans) than mine does. Because the larger percentage of >.2 sales don't make any other statistical sense.
You are just an outlier. Take step back and look at what most people are reporting. There are outliers in every sample, usually you disregard them.

I get that's hard when it's you, but take a look at what everyone else is reporting. You probably just had a couple of people with smaller subs packages find one of your collections or portfolio and use a big chunk of their dls there.

I am running the average RPD thread man, it's currently -33% from 14 people average, I am not blind. But I am asking the right questions. Many people in my position could be like: "let others complain and there can only be gain from this since I already gained" right? Well no. The well being of Shutterstock matters equally to me and I don't see them as a charity organization. If people defame them more than they actually deserve, it's dangerous for my portfolio there in extend.

So what happens when they start heavily discounting those subs packages? They can now sell for 11cents per image, take all the market share back they lost.  Your RPD will then look a bit sick, but you might regain any loss with increased turnover, but at the expense of losses at other agencies. It will 12 months before you know your true position, but by then the game is lost.

anon20200611

« Reply #73 on: June 06, 2020, 08:30 »
0
So what happens when they start heavily discounting those subs packages? They can now sell for 11cents per image, take all the market share back they lost.  Your RPD will then look a bit sick, but you might regain any loss with increased turnover, but at the expense of losses at other agencies. It will 12 months before you know your true position, but by then the game is lost.

Maybe it's better to focus on the problems right now, than the hypothetical problems of the future? I am more concerned to how the average RPD will turn out, because it's all that matters really and how can Shutterstock change their minds to the January reset and replace with a 12-month-average.

« Reply #74 on: June 06, 2020, 08:51 »
+3
So what happens when they start heavily discounting those subs packages? They can now sell for 11cents per image, take all the market share back they lost.  Your RPD will then look a bit sick, but you might regain any loss with increased turnover, but at the expense of losses at other agencies. It will 12 months before you know your true position, but by then the game is lost.

Maybe it's better to focus on the problems right now, than the hypothetical problems of the future? I am more concerned to how the average RPD will turn out, because it's all that matters really and how can Shutterstock change their minds to the January reset and replace with a 12-month-average.
I am sorry but that really isn't all that matters.

Two other things that matter:

1. A January reset is insane whatever the level is now

2. If we accept tiers based on a hypothetical (if a buyer were to use all their dls) when we know big buyers don't use all their dls SS can overnight increase the permitted dls in the largest packages to cut our share by whatever they like with zero impact on their revenue and a huge decrease in their costs (and still get to claim they are paying us the same percentage).

Both the above are true regardless of the initial tiers set.

 


 

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