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Author Topic: bigstock?  (Read 10924 times)

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WarrenPrice

« Reply #25 on: February 28, 2011, 13:20 »
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The way I see it, the microstocks would no doubt like to raise prices to their customers over time.  But percentage-based payments to contributors would eat into those increases. 

So one goal has to be to get rid off of the 'commission' model and come up with new marketing plans where the selling price isn't disclosed to the contributor - in fact, where there is no simple answer to the question "what did the buyer pay for the image?".

A simple way to do this is a subscription, where no commission is paid on the up-front subscription fee; we get paid an essentially arbitrary amount per sale.  Shutterstock can raise their subscription rates without increasing payments to us; or just reduce our payments.  They're still called commissions, but they're not.

Now Shutterstock owns the brand name and customer list of Bigstock.  Watch for creative pricing schemes that move at least part of the buyer's payment out of the individual sale transaction.  That doesn't mean pure subscriptions, necessarily, just ways to disguise payments for images as "service fees".   Maybe the small buyer pays $10 a month to "join" the agency, and then gets discounts on individual image purchases; we get nothing from that $10 and percentage-based commissions go down.

I'm just speculating, of course, and don't have any inside knowledge of this business. 

   

Stock,
You are offering some great ideas for agencies but nothing positive to contributors.  Any suggestion on how to counter your pricing schemes?


« Reply #26 on: February 28, 2011, 13:27 »
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Ha - sorry Warren, just offering my usual cynicism and pessimism (talk to my wife about that).   

In the long run I think some other marketing channel has to present itself.  Today's agencies are choking off their suppliers and will gradually burn out from lack of interesting new content, but it will take years.  We've given these companies over 10 million images and can't prevent them from re-packaging them in countless ways, and continuing to resell them indefinitely.

« Reply #27 on: February 28, 2011, 13:58 »
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... just offering my usual cynicism and pessimism ...

Just bizarre ramblings IMHO. You've always seem to hate everything about microstock, I really don't understand why you spend any time here at all.

You're inventing these ridiculous speculations based on nothing whatsoever. Oringer has more than a 6 year history of being fair to contributors, has a very successful business model, employs 150+ people and there's no obvious reason to suppose he wants to destroy it all. The fact that he bought Bigstock is an indicator that he believes strongly in the future of microstock. The fact that he hasn't really changed much about the way the two businesses operate also suggests that he likes them the way they are.

« Reply #28 on: February 28, 2011, 17:54 »
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Kudos from me to Big Stock today...requested payout this morning and it's in my Paypal account already.

« Reply #29 on: March 01, 2011, 10:49 »
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Wasn't invited for the bridge to Bigstock, so I figured I would just go in the old way.  Made my initial upload.  Can anyone tell me what is typical waiting time for image approval?  Thanks.

WarrenPrice

« Reply #30 on: March 01, 2011, 11:44 »
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2-3 work days.

« Reply #31 on: March 02, 2011, 02:09 »
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Like others the lowest sale I've had on BigStock is 50c but the quarters add up faster on Shutterstock. Different markets, different buyers, same images.

Have you ever heard of Yum brands? They all sell franchised food, they all compete with each other. They are all owned by one Corp.

Pizza Hut, Taco Bell, Kentucky Fried Chicken, Long John Silvers and A&W.

Some stores are KFC/Taco Bell, I've seen a KFC/Long John Silver and a Taco Bell/Long John Silver.

As long as Shutterstock and BigStock pay me, I'm happy. I'm not so sure I see some conspiracy here to drive anything down, just to bring in more sales of more images. It's not always about us?  :D

Not sure if they still are but they used to be owned by pepsico along with smirnoff, dozens of other alcohol brands, lipton and they have something to do with starbucks :)

RacePhoto

« Reply #32 on: March 02, 2011, 03:10 »
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Like others the lowest sale I've had on BigStock is 50c but the quarters add up faster on Shutterstock. Different markets, different buyers, same images.

Have you ever heard of Yum brands? They all sell franchised food, they all compete with each other. They are all owned by one Corp.

Pizza Hut, Taco Bell, Kentucky Fried Chicken, Long John Silvers and A&W.

Some stores are KFC/Taco Bell, I've seen a KFC/Long John Silver and a Taco Bell/Long John Silver.

As long as Shutterstock and BigStock pay me, I'm happy. I'm not so sure I see some conspiracy here to drive anything down, just to bring in more sales of more images. It's not always about us?  :D

Not sure if they still are but they used to be owned by pepsico along with smirnoff, dozens of other alcohol brands, lipton and they have something to do with starbucks :)

Probably but the point was, they are all in the food business competing with each other, sometimes in the same location, and all owned by the same big company. Shutterstock and Bigstock are targeting many of the same people, but there are different tastes and customers, so I don't think they will be cannibalizing sales from each other. If I had more BigStock sales, I wouldn't complain. The lowest there has been 50c and most often $1-2 a sale.

It's more like the top images, of the same artists, are going to a site that pays contributors more. I can't see why anyone would complain?

The rich get richer is the only way I can see it. More distribution, easier and for more money.


 

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