Author Topic: down the toilet (Read 80585 times)

derek · « **Reply #325 on:** March 07, 2017, 05:30 »

Quote from: Pauws99 on March 07, 2017, 03:13

"So are you in denial that SS sales have nosedived in the last month ? " if you had said "So are you in denial that MY SS sales have nosedived in the last month ? " fair enough but there is no evidence that SS sales have fallen. Thats the point

They have nosedived!! and badly so! I dont know about your sales? considering you are quite busy in this thread I presume you are a full-time stock-photographer and yes then you would feel a reduction in sales even more may it be SS or any of the other agencies.

PixelBytes · « **Reply #326 on:** March 07, 2017, 05:49 »

FWIW, I am a full timer and my monthly sales from them so far this year are about the same each month and also about the same as most of the last year.

They did nosedive, in my case, from 2015-2016 and never recover, but the new normal has been very consistent for me.

There are a lot of people reporting sudden drops though, so something must be going on, even if it isn't happening to my portfolio.

Pauws99 · « **Reply #327 on:** March 07, 2017, 06:56 »

Quote from: derek on March 07, 2017, 05:30

Quote from: Pauws99 on March 07, 2017, 03:13
"So are you in denial that SS sales have nosedived in the last month ? " if you had said "So are you in denial that MY SS sales have nosedived in the last month ? " fair enough but there is no evidence that SS sales have fallen. Thats the point

They have nosedived!! and badly so! I dont know about your sales? considering you are quite busy in this thread I presume you are a full-time stock-photographer and yes then you would feel a reduction in sales even more may it be SS or any of the other agencies.

So where is the concrete evidence that Total SS sales have nosedived? https://uk.finance.yahoo.com/news/shares-shutterstock-dive-earnings-sales-154600446.html

Pauws99 · « **Reply #328 on:** March 07, 2017, 07:06 »

Quote from: PixelBytes on March 07, 2017, 05:49

FWIW, I am a full timer and my monthly sales from them so far this year are about the same each month and also about the same as most of the last year.

They did nosedive, in my case, from 2015-2016 and never recover, but the new normal has been very consistent for me.

There are a lot of people reporting sudden drops though, so something must be going on, even if it isn't happening to my portfolio.

Correct there have been large swings for individuals it seems that does not mean however that overall sales are down. Yes things are bad but its an exaggeration to say SS itself is losing sales its just not growing fast enough for investors or to compensate for the speed of portfolio growth. I am not a "professional" microstocker but I have an interest in business strategy and quite a bit of knowledge of statistics FWIW.

jonbull · « **Reply #329 on:** March 07, 2017, 07:11 »

Quote from: Pauws99 on March 07, 2017, 03:13

"So are you in denial that SS sales have nosedived in the last month ? " if you had said "So are you in denial that MY SS sales have nosedived in the last month ? " fair enough but there is no evidence that SS sales have fallen. Thats the point

He refer to contriboutor.

SpaceStockFootage · « **Reply #330 on:** March 07, 2017, 07:17 »

Quote from: Pauws99 on March 07, 2017, 06:56

Quote from: derek on March 07, 2017, 05:30
Quote from: Pauws99 on March 07, 2017, 03:13
"So are you in denial that SS sales have nosedived in the last month ? " if you had said "So are you in denial that MY SS sales have nosedived in the last month ? " fair enough but there is no evidence that SS sales have fallen. Thats the point

They have nosedived!! and badly so! I dont know about your sales? considering you are quite busy in this thread I presume you are a full-time stock-photographer and yes then you would feel a reduction in sales even more may it be SS or any of the other agencies.
So where is the concrete evidence that Total SS sales have nosedived? https://uk.finance.yahoo.com/news/shares-shutterstock-dive-earnings-sales-154600446.html

You seem to have misinterpreted the information on that page, as it clearly says year on year sales are up. Share price may be down, which it explains is due to them not hitting their target when it comes to sales increases, but sales haven't nose dived. They haven't even dropped or stayed the same... they've increased.

SpaceStockFootage · « **Reply #331 on:** March 07, 2017, 07:23 »

Quote from: jonbull on March 07, 2017, 07:11

Quote from: Pauws99 on March 07, 2017, 03:13
"So are you in denial that SS sales have nosedived in the last month ? " if you had said "So are you in denial that MY SS sales have nosedived in the last month ? " fair enough but there is no evidence that SS sales have fallen. Thats the point

He refer to contriboutor.

Simple calculation... total revenue divided by number of files last year, compared to the same info this year. There probably is a drop, but it doesn't mean SS are in trouble or anything.

Pauws99 · « **Reply #332 on:** March 07, 2017, 07:29 »

Quote from: SpaceStockFootage on March 07, 2017, 07:17

Quote from: Pauws99 on March 07, 2017, 06:56
Quote from: derek on March 07, 2017, 05:30
Quote from: Pauws99 on March 07, 2017, 03:13
"So are you in denial that SS sales have nosedived in the last month ? " if you had said "So are you in denial that MY SS sales have nosedived in the last month ? " fair enough but there is no evidence that SS sales have fallen. Thats the point

They have nosedived!! and badly so! I dont know about your sales? considering you are quite busy in this thread I presume you are a full-time stock-photographer and yes then you would feel a reduction in sales even more may it be SS or any of the other agencies.
So where is the concrete evidence that Total SS sales have nosedived? https://uk.finance.yahoo.com/news/shares-shutterstock-dive-earnings-sales-154600446.html

You seem to have misinterpreted the information on that page, as it clearly says year on year sales are up. Share price may be down, which it explains is due to them not hitting their target when it comes to sales increases, but sales haven't nose dived. They haven't even dropped or stayed the same... they've increased.

No my argument is that there is NO concrete evidence of a fall in sales...in fact the opposite which that link illustrates!

SpaceStockFootage · « **Reply #333 on:** March 07, 2017, 07:36 »

Ah right, yes.... that's what I was saying too! I got confused. I've been drinking.

Pauws99 · « **Reply #334 on:** March 07, 2017, 07:52 »

Quote from: SpaceStockFootage on March 07, 2017, 07:36

Ah right, yes.... that's what I was saying too! I got confused. I've been drinking.

Much better use of time...think we are now going round in circles. (I will do anything to avoid a keywording session)

dpimborough · « **Reply #335 on:** March 07, 2017, 07:53 »

Quote from: SpaceStockFootage on March 07, 2017, 07:17

Quote from: Pauws99 on March 07, 2017, 06:56
Quote from: derek on March 07, 2017, 05:30
Quote from: Pauws99 on March 07, 2017, 03:13
"So are you in denial that SS sales have nosedived in the last month ? " if you had said "So are you in denial that MY SS sales have nosedived in the last month ? " fair enough but there is no evidence that SS sales have fallen. Thats the point

They have nosedived!! and badly so! I dont know about your sales? considering you are quite busy in this thread I presume you are a full-time stock-photographer and yes then you would feel a reduction in sales even more may it be SS or any of the other agencies.
So where is the concrete evidence that Total SS sales have nosedived? https://uk.finance.yahoo.com/news/shares-shutterstock-dive-earnings-sales-154600446.html

You seem to have misinterpreted the information on that page, as it clearly says year on year sales are up. Share price may be down, which it explains is due to them not hitting their target when it comes to sales increases, but sales haven't nose dived. They haven't even dropped or stayed the same... they've increased.

Sales revenue don't mean jack, it's their operating profit that matters.

Their operating profit is falling very dramatically and has been since 2015

Pauws99 · « **Reply #336 on:** March 07, 2017, 07:55 »

Quote from: Sammy the Cat on March 07, 2017, 07:53

Quote from: SpaceStockFootage on March 07, 2017, 07:17
Quote from: Pauws99 on March 07, 2017, 06:56
Quote from: derek on March 07, 2017, 05:30
Quote from: Pauws99 on March 07, 2017, 03:13
"So are you in denial that SS sales have nosedived in the last month ? " if you had said "So are you in denial that MY SS sales have nosedived in the last month ? " fair enough but there is no evidence that SS sales have fallen. Thats the point

They have nosedived!! and badly so! I dont know about your sales? considering you are quite busy in this thread I presume you are a full-time stock-photographer and yes then you would feel a reduction in sales even more may it be SS or any of the other agencies.
So where is the concrete evidence that Total SS sales have nosedived? https://uk.finance.yahoo.com/news/shares-shutterstock-dive-earnings-sales-154600446.html

You seem to have misinterpreted the information on that page, as it clearly says year on year sales are up. Share price may be down, which it explains is due to them not hitting their target when it comes to sales increases, but sales haven't nose dived. They haven't even dropped or stayed the same... they've increased.

Sales revenue don't mean jack, it's their operating profit that matters.

Their operating profit is falling very dramatically and has been since 2015

Whose talking about revenue? Sales volume is up thats what the discussion is about. I actually don't care about SS operating profit...im not a shareholder.

SpaceStockFootage · « **Reply #337 on:** March 07, 2017, 09:26 »

* straight!

derek · « **Reply #338 on:** March 07, 2017, 10:19 »

Quote from: Pauws99 on March 07, 2017, 06:56

Quote from: derek on March 07, 2017, 05:30
Quote from: Pauws99 on March 07, 2017, 03:13
"So are you in denial that SS sales have nosedived in the last month ? " if you had said "So are you in denial that MY SS sales have nosedived in the last month ? " fair enough but there is no evidence that SS sales have fallen. Thats the point

They have nosedived!! and badly so! I dont know about your sales? considering you are quite busy in this thread I presume you are a full-time stock-photographer and yes then you would feel a reduction in sales even more may it be SS or any of the other agencies.
So where is the concrete evidence that Total SS sales have nosedived? https://uk.finance.yahoo.com/news/shares-shutterstock-dive-earnings-sales-154600446.html

I am not interested at all in the total sales volume. I sold my shares beginning of last year. I am interested in my sales and I dont need any concrete evidence. All I have to do is look at my daily sales stats.

Justanotherphotographer · « **Reply #339 on:** March 07, 2017, 10:25 »

Sales are up overall. Collection size is up by a much bigger percentage = less sales per image = if you haven't increased your portfolio size by a big percentage also chances are your sales will be down.

angelawaye · « **Reply #340 on:** March 07, 2017, 10:26 »

What if we all show our graphs on how badly sales (on photos) nosedived? It is not a conspiracy.

Pauws99 · « **Reply #341 on:** March 07, 2017, 10:30 »

Quote from: angelawaye on March 07, 2017, 10:26

What if we all show our graphs on how badly sales (on photos) nosedived? It is not a conspiracy.

So how do you explain shutterstocks sales going up by 14% in a year?

Phadrea · « **Reply #342 on:** March 07, 2017, 11:04 »

Probably a few on here doing well can't appreciate the slump unless it happens to them. Stop attacking us for complaining of poor sales. We have every right to complain. I have added a considerable amount to my port but like a switch my sales turned off. That isn't normal, that is engineered.

As for sales, it's still diabolical.

Pauws99 · « **Reply #343 on:** March 07, 2017, 11:28 »

Quote from: Herg on March 07, 2017, 11:04

Probably a few on here doing well can't appreciate the slump unless it happens to them. Stop attacking us for complaining of poor sales. We have every right to complain. I have added a considerable amount to my port but like a switch my sales turned off. That isn't normal, that is engineered.

As for sales, it's still diabolical.

I'm sorry if anyone feels its an attack on them. I'm just pointing out that total sales of shutterstock have not fallen. I will shut up now.

derek · « **Reply #344 on:** March 07, 2017, 12:28 »

Who cares about overall sales! I couldnt give a monkeys worth if overall sales are up by 1000% turning Oringer into the leagues of Buffet and Gates. Good riddance!.....I only care about my stats my overall take and thats down by 40%. By the sound of it I'm not alone in nosediving.

Now everyone knows and its no big secret that Russia, Ukariane Poland etc these sort of poorer countries are being nursed. Fine by me they produce millions of files every week and of course that makes any agency very happy indeed so maybe their next elaborate head-office will be somewhere in the Red Square Moscow. Well who knows? anything is possible.

stockmarketer · « **Reply #345 on:** March 07, 2017, 12:57 »

Feels like have two courses of action now: 1) accept that the diminishing sales are not only here to stay but will accelerate, or 2) quit microstock.

Seems like on average we're all 40% down on a year ago (except for newbies who of course have a much larger port than they had a year ago.) You can bet that the slide will ramp further downward at a quicker pace, based on the number of new contributors growing exponentially, faster every year. Next year we'll all be complaining about sales being down 60% or 80% vs 2017.

And it's not just SS but microstock in general. DT, 123, DP, CanStockPhoto... all down around 40%. Adobe for me is about flat, probably only because their efforts to integrate into the CC are still young. I believe the general trend will catch up to them (or rather, their contributors) soon.

I hate to be so negative, but the numbers don't lie. And I don't see the enormous flood of new contributors from around the world stopping anytime soon. It will only get wider and deeper.

The only possible ray of light I see is that SS and others might eventually wake up to realize that the massive oversupply may not be good for their customers. Quality may become an issue and copycatting may be rampant, and searches may be completely ineffective (some would say they are already.) The only hope veteran microstockers have is if the agencies decide to curb the oversupply problem, though first they have to see and admit it as a problem, and I don't know if and when they will ever do so.

jonbull · « **Reply #346 on:** March 07, 2017, 13:05 »

u are simply not understanding each other..shutterstock increase volume of sales and contributor..so it's normal a lot of old contributor experienced a fall in earning or better less growth. bigger cake divide by much bigger contributor.

obj owl · « **Reply #347 on:** March 07, 2017, 13:06 »

Why if Shutterstock sales are up can contributors sales be down?

1. As Justanotherphotographer said dilution.
2. All contributors are not equal, Premier Select contributors for example.
3. Acquired content, for example Rex Features.
4. Agreements with large suppliers of content, for example Associated Press.
5. Search changes.

Any one of these can effect changes to single portfolios in dramatic ways if their content is not diverse or is similar in content to any of the above. If you have not been affected by any of the above yet it's just as likely you could be with continued dilution or the next induction to Premier Select or some new acquired content or more large suppliers of content signing up or even the inevitable search change.

angelawaye · « **Reply #348 on:** March 07, 2017, 13:07 »

Number 2 for me.

I have quit micro this year and entering the new world of Macro (RM). I have no idea how it will go. I'm scared but why would I keep wasting my time with decreasing returns? I'm working on my Arcangel portfolio but trying to choose one other macro agency for my lifestyle photos.

derek · « **Reply #349 on:** March 07, 2017, 13:25 »

Quote from: angelawaye on March 07, 2017, 13:07

Number 2 for me.

I have quit micro this year and entering the new world of Macro (RM). I have no idea how it will go. I'm scared but why would I keep wasting my time with decreasing returns? I'm working on my Arcangel portfolio but trying to choose one other macro agency for my lifestyle photos.

Just to put your nerves at ease. I dont know what agencies you have joined but at the moment I experience a big upswing in macro. I can of course only speak for myself and some friends and we have been feeding the macro model now for around 12 years.
It might be that the more serious buyers are fed up looking for something among 120 million pictures I dont know. Macros are more forgiving in terms of sort order changes they do it in a smoother way not hurting too many portfolios not like the micros totally slaughtering thousands of ports.

Wishing you luck anyway.

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Author Topic: down the toilet (Read 80585 times)

derek

PixelBytes

Pauws99

Pauws99

jonbull

SpaceStockFootage

SpaceStockFootage

Pauws99

SpaceStockFootage

Pauws99

dpimborough

Pauws99

SpaceStockFootage

derek

Justanotherphotographer

angelawaye

Pauws99

Phadrea

Pauws99

derek

stockmarketer

jonbull

obj owl

angelawaye

derek

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