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Author Topic: Change of Most popular  (Read 22040 times)

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« Reply #50 on: May 13, 2013, 15:25 »
+3
Hi All,

 Just wanted to concur with everyone here my ShutterStock sales that have been solid ( within $100 a month for years, averaging about $1400-$1500 a month )  have taken a dramatic drop for the first time ever this month, sad to see the best of Micro following the pack. ShutterStock was the one micro agency that gave me hope in this model of stock, now ...they can talk about adjustments but this one was a doozie.

Cheers,
Jonathan

Thanks Jonathan!  you just underlined it all. :)

Yes, he underlined that sales for many people are down.  That settles it.

You are trying to hard; to not be invested in some way stockmarketer.

Aren't we all "invested in some way"?


« Reply #51 on: May 13, 2013, 15:30 »
+2
Hi All,

 Just wanted to concur with everyone here my ShutterStock sales that have been solid ( within $100 a month for years, averaging about $1400-$1500 a month )  have taken a dramatic drop for the first time ever this month, sad to see the best of Micro following the pack. ShutterStock was the one micro agency that gave me hope in this model of stock, now ...they can talk about adjustments but this one was a doozie.

Cheers,
Jonathan

Thanks Jonathan!  you just underlined it all. :)

Yes, he underlined that sales for many people are down.  That settles it.

You are trying to hard; to not be invested in some way stockmarketer.

Aren't we all "invested in some way"?

You beat me to it, dave.  Absolutely I'm invested in SS' success.  I'm earning quite a bit from them month in and month out.  I desperately want SS to stay relevant and grow as much as possible.  I'm encouraged by their explanation of the recent changes.  That's a business on top of its game, and I'm glad to see its commitment to doing whatever it takes to meet its customers' needs.  Any business that is going to blindly push its tried-and-true contributors' work to the top without seeing if there's other even better stuff (in the eyes of its customers) is one doomed to fail.

Poncke v2

« Reply #52 on: May 13, 2013, 15:33 »
-1
Its like I am seeing Gostwyck write those comments but then the name is different.

WarrenPrice

« Reply #53 on: May 13, 2013, 15:44 »
0
I'm trying hard to understand what any of this debate means.  Is there a recommended action?  Is this reaching any conclusion?


« Reply #54 on: May 13, 2013, 15:49 »
+3
I'm trying hard to understand what any of this debate means.  Is there a recommended action?  Is this reaching any conclusion?

I think both sides have decided "someone on the Internet is wrong" and we're furiously typing away trying to sway hearts and minds.  Just like all good web debates.

falstafff

    This user is banned.
« Reply #55 on: May 13, 2013, 15:50 »
+4
Its like I am seeing Gostwyck write those comments but then the name is different.

Yes I remember him and a few other really staunch die hard SS supporters. Its gone all quiet now. Deflated actually. To be honest. I earn quite a bit from SS, well over a thousand dollars a month but when we finally get a long awaited answer from the SS administration telling us that we are victims of some sort of experimentation or whatever. How can one possibly support that.

Poncke v2

« Reply #56 on: May 13, 2013, 16:05 »
+1
My sales are just average, nothing changed, but adding new stuff changes nothing for me. I around the same earnings for months now whilst adding about 70 images per month.

But I agree that experimenting with live portfolios shouldnt be done. Whatever the outcome may be.

« Reply #57 on: May 13, 2013, 16:11 »
-3
experimenting with live portfolios shouldnt be done. Whatever the outcome may be.

The guy supplying blank CDs to Target probably said the same thing... "taking my stock off the endcaps should not be done... whatever the outcome may be."  He thought Target was to blame for the fact that customers didn't want blank CDs anymore.

But I do share your frustration about constant uploads resulting in not much change.  I used to rail against the idea that we had to "feed the beast" to keep sales up, but I've come to understand that it's simply what has to be done to maintain sales.  I just compared my first thirteen days of May sales (just SS) for 2013 vs the same period in 2012.  I'm up $20 for the period (which is well over $1,000... so a very tiny margin).  I'm encouraged that my stuff is still selling despite the change... but I've added several hundred new images this past year and the needle has barely moved.

Still, this strengthens my conviction that this business is about constant change.... to survive you have to have a keen awareness of what customers want today, and tomorrow... what they wanted yesterday no longer matters.
« Last Edit: May 13, 2013, 16:14 by stockmarketer »

falstafff

    This user is banned.
« Reply #58 on: May 13, 2013, 16:12 »
0
My sales are just average, nothing changed, but adding new stuff changes nothing for me. I around the same earnings for months now whilst adding about 70 images per month.

But I agree that experimenting with live portfolios shouldnt be done. Whatever the outcome may be.

Thanks. Appreciate that comment.

« Reply #59 on: May 13, 2013, 16:20 »
+11
Howdy again,

 I don't think anyone is telling ShutterStock that they are failing or screwing anyone I think that the photographers that put ShutterStock on the map are curious why in one month ShutterStock sales are dramatically down for many of them, that is big news in the stock industry and it is always addressed when any agency takes a huge hit in one month, I believe that is what people are curious about and some maybe a bit reasonably frustrated.
 It is difficult to compete in a business as an image provider if your point of sales does not steady, it does not allow you to run a clear business when you are dealing with constant readjustment to investment per image. If we cannot know from month to month what our images might make over a life time how can we be expected to continue to invest with no analysis or solid numbers to structure our cost of business.
 The best selling Micro agency just showed several of their contributors the first sign of lowered sales, myself included. I think it is quite reasonable for people to discuss this issue as a concern as it has not taken place to this degree at least in the history of my relationship with ShutterStock.
 The trick to being really successful in a distribution business is to cater to both your buyers and your suppliers equally. 2 cents.

Cheers,
Jonathan

Poncke v2

« Reply #60 on: May 13, 2013, 16:29 »
+1
experimenting with live portfolios shouldnt be done. Whatever the outcome may be.

The guy supplying blank CDs to Target probably said the same thing... "taking my stock off the endcaps should not be done... whatever the outcome may be."  He thought Target was to blame for the fact that customers didn't want blank CDs anymore.


Change is not what I am talking about, its about the fact that Anthony said they are experimenting and if it doesnt work out, they will change it back. Its the experimenting part that doesnt sound good. Your example of the CDs only applies to a certain point. You are dealing with digital goods here subject to an algorithm. If putting the CDs in the back of the store turns out to be a bad idea you can easily put them back in the front. But it doesnt work like that with an image that has now lost sales over another image that did pick up sales. The life cycle of that image is then forever changed. There is plenty proof of that around, just check the SS forum, people reported drops before and they never recovered.

« Reply #61 on: May 13, 2013, 16:32 »
+2
Personally my sales at SS have been fairly steady lately, although a number of bigger OD and EL sales might be propping things up.

I agree that we can't expect the search engines to never change. What we can hopefully expect is that sites don't do like IS and FT and tweak the searches to hurt broad classes of contributors (non-exclusives, emeralds...).

Every image should rise or fall on its own. Of course many factors we can do nothing about effects this too, but over the long haul those should even out.

If SS feels that old sellers need to be pushed down in the search to make room for newer images I hope they would do so gradually to decrease the wild drops that I experienced at IS regularly.

It certainly makes it harder to plan when regular sellers stop. It also makes it hard to make any headway when new images never see the light of day.

« Reply #62 on: May 13, 2013, 16:37 »
-1
experimenting with live portfolios shouldnt be done. Whatever the outcome may be.

The guy supplying blank CDs to Target probably said the same thing... "taking my stock off the endcaps should not be done... whatever the outcome may be."  He thought Target was to blame for the fact that customers didn't want blank CDs anymore.


Change is not what I am talking about, its about the fact that Anthony said they are experimenting and if it doesnt work out, they will change it back. Its the experimenting part that doesnt sound good. Your example of the CDs only applies to a certain point. You are dealing with digital goods here subject to an algorithm. If putting the CDs in the back of the store turns out to be a bad idea you can easily put them back in the front. But it doesnt work like that with an image that has now lost sales over another image that did pick up sales. The life cycle of that image is then forever changed. There is plenty proof of that around, just check the SS forum, people reported drops before and they never recovered.

It sounds to me like Shutterstock is doing A/B testing, as evidenced by him saying that the changes are not affecting every search result.  This is really intelligent marketing stuff that lets you get real-time results, gain knowledge about customer preferences at any instant, and constantly readjust based on what you learn. 

You have a point that a good image can be harmed by being pushed to the background... it will see less sales during this experiment, and if the system is put back to the way it was, that image now has fewer sales than it had before, and will not (at least initially) rank as highly as it did before.  But I contend that if the image is good, people will find it again, and it will rise again in the popularity ranking.  To say this should never change is to never allow in fresh content, and SS will start being seen as a behind-the-times marketplace of imagery... the kiss of death for an agency.

Poncke v2

« Reply #63 on: May 13, 2013, 16:50 »
0
Sounds more like multivariate testing to me, which is used in marketing for achieving a higher conversion rate and is done in live environments. Anyhoo, whatever testing they do, it can have negative results for some and positive results for others.

« Reply #64 on: May 13, 2013, 17:44 »
+1
Sounds more like multivariate testing to me, which is used in marketing for achieving a higher conversion rate and is done in live environments. Anyhoo, whatever testing they do, it can have negative results for some and positive results for others.

Just like all the micros have done and still do, right? Nearly every time a change is made, someone benefits and someone loses.  This is not unique to SS.

Poncke v2

« Reply #65 on: May 13, 2013, 17:47 »
0
Sounds more like multivariate testing to me, which is used in marketing for achieving a higher conversion rate and is done in live environments. Anyhoo, whatever testing they do, it can have negative results for some and positive results for others.

Just like all the micros have done and still do, right? Nearly every time a change is made, someone benefits and someone loses.  This is not unique to SS.

« Reply #66 on: May 13, 2013, 17:56 »
0
Sounds more like multivariate testing to me, which is used in marketing for achieving a higher conversion rate and is done in live environments. Anyhoo, whatever testing they do, it can have negative results for some and positive results for others.

Just like all the micros have done and still do, right? Nearly every time a change is made, someone benefits and someone loses.  This is not unique to SS.

 :o


« Reply #67 on: May 13, 2013, 19:03 »
+2
Sounds more like multivariate testing to me, which is used in marketing for achieving a higher conversion rate and is done in live environments. Anyhoo, whatever testing they do, it can have negative results for some and positive results for others.


For those who have no idea what you two are talking about. The sites can serve buyers content via any number of scenarios. And they can serve images based on submitter royalty rate, number of downloads per image based on keyword used to download, image date, buyer profiling, etc.

Adobe Test&Target Basics in Two Minutes
« Last Edit: May 15, 2013, 00:23 by gbalex »

OM

« Reply #68 on: May 13, 2013, 19:15 »
0
My sales are just average, nothing changed, but adding new stuff changes nothing for me. I around the same earnings for months now whilst adding about 70 images per month.

This is the problem I too have with SS. Despite frequent uploading, no new images seem to get regular sales (compared to the images I had accepted before November 2012).
Everyone used to say that their new images at SS always got a few downloads in the first few days and the real stars-to-be just kept on selling until they made it to the first page of 'popular'. Nowadays, that just doesn't seem to happen. Files get buried and die with excessive speed and I wonder if there hasn't been a change in the 'new' search too? Without a decent crack of the whip in 'new', there's virtually no chance that even the 'stars' will make it further up the listing.

Which brings me to the point of difference between the search in 'popular' or 'new'. If you search for something in 'popular', the chances are that almost every image on P1 conforms to the keyword used. Do the same in 'new' and there's huge numbers of pretty irrelevant 'dross' you have to get through to find something that conforms to the keyword you searched with.
 
Take, for example, 'garlic'. In 'popular' you get mostly images of garlic and the keywords under the individual images are ordered in importance......garlic coming first.

Go to 'new' and search for 'garlic' and you get a hotchpotch of every sort of food with 'garlic' in the keywords. Keywords in 'new' also seem to be in no particular order of importance but are alphabetically ordered (contrast with popular). IMO searching in 'new' is a nightmare for customers and a disaster for contributors now and I cannot imagine that it has always been like that. There is so much irrelevant material to wade through in 'new' that only the real diehard searcher will persevere to find the pearls.
If anyone knows for certain that 'new' used to be different, I would be glad to hear it.

« Reply #69 on: May 13, 2013, 21:42 »
+1
I am experiencing a "huge" drop on sales, worst in many many months. The OD and SOD are drying up completely. Not happy at all :(

lisafx

« Reply #70 on: May 13, 2013, 22:32 »
0
I wouldn't say I'm experiencing a huge drop in earnings, but I am down about 20% on average.  And I agree that the OD, EL, and other single sales have practically disappeared. 

I'm not exactly alarmed yet, but this is not something I am particularly happy about it it continues. 

THP Creative

  • THP Creative

« Reply #71 on: May 13, 2013, 23:40 »
0
ED's have slowed in last few months for me, but sales numbers keep on the rise, as do $$. Pretty much a steady, consistent growth that I'm seeing.

This month is a little lower though than the last few, but then they were BME's for me so I guess I can't hope for that every month.

I don't think it's time to panic just yet, but I do sympathise with those who have experienced more drastic falls.

ruxpriencdiam

    This user is banned.
  • Location. Third stone from the sun
« Reply #72 on: May 14, 2013, 00:02 »
-1
I would throw in my .2 but why?

« Reply #73 on: May 14, 2013, 05:33 »
+1
I'm not a high volume seller (~100$ in April), but having 0 sales for the entire last weekend is a huge drop for me. I also had a technical problem on the site - it constantly loaded all my pages in German.
Now it looks normal again, and hopefully the sales will catch up too.

« Reply #74 on: May 14, 2013, 05:49 »
0
I wouldn't say I'm experiencing a huge drop in earnings, but I am down about 20% on average.  And I agree that the OD, EL, and other single sales have practically disappeared. 

I'm not exactly alarmed yet, but this is not something I am particularly happy about it it continues.
I'm the opposite, I've made more from OD than subs so far this month.  Subs are well down and I'm selling mostly old stuff, hardly any newer images.  A bit down overall on last month but I've had several amazing months and I don't think one slower month is a big concern.


 

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