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Author Topic: I GOT A SINGLE & OTHER FOR $0.10!!!!!!  (Read 6171 times)

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PaulieWalnuts

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« Reply #50 on: June 03, 2020, 00:16 »
+5

Subscription now seems to be in Single And Others now

Kate Shutterstock answer:

"As you've noticed, most earnings are displaying in the Single & Other column. This is a display issue that we are working to resolve.

All your commissions are being calculated correctly, they are just displaying in the wrong category.

Thanks for your patience while we prepare a fix for this issue."
it is scary how much this sound like a reply from IS back in the day

Exactly right. Circa 2011.

And I predict this will end just as badly for SS.

I'm feeling nostalgic with a dash of Deja Vu. Did they hire Kelly "Money will not make you happy" Thompson?



« Reply #51 on: June 03, 2020, 03:12 »
+5
Surge of 0,1 downloads. Absolute disaster for my stock bussiness. Sales are approx. 30% of what it was before and approx. 5-10% what it was in my peak in 2015. Time to leave. Shame after 12 years in the bussiness.

« Reply #52 on: June 03, 2020, 09:17 »
+7
3rd day in a row one single image (with highest price) sold on Adobe stock is more valuable than total daily amount of sale at Shutterstock.
My Shutterstock portfolio of 6000+ images was just disabled indefinitely.


« Reply #53 on: June 03, 2020, 10:36 »
+6
As of this week for the first time in 15 years my Adobe account is the highest paying of all the sites this week for me. I am guessing that will be the trend from now on. I have not canceled my SS account but will stop uploading new images.  At 10 cents a sell it just is not worth it to upload new images. I am at level 4 and I am now getting 10-14 cents an image. SS is truly dead....

« Reply #54 on: June 03, 2020, 10:40 »
+2
As of this week for the first time in 15 years my Adobe account is the highest paying of all the sites this week for me. I am guessing that will be the trend from now on. I have not canceled my SS account but will stop uploading new images.  At 10 cents a sell it just is not worth it to upload new images. I am at level 4 and I am now getting 10-14 cents an image. SS is truly dead....


But by not closing your account and leaving, you apparently ARE willing to accept .10 per image. Not uploading new images doesnt prevent you from getting .10 per image. After all, .10 is better than nothing, right?

« Reply #55 on: June 03, 2020, 10:45 »
+1
Fast racer I am not sure what I am going to do with my SS account. I do know it is not worth time to upload new for 10 cents each. That I do know.

« Reply #56 on: June 03, 2020, 12:57 »
+7
I've just noticed now they;ve fixed the earnings page that i get far less for On Demand now as well.

Previously i got $2.85 for every OD sale.

This month im getting $2.53 and $2.27 for them all.

This is level 5.

So its not just subs we're losing on...

« Reply #57 on: June 03, 2020, 13:32 »
+2
Based on sales at other sites, it appears that the smaller subscriptions of 10 to 50 images per month are more popular that the large subscriptions of 350+ images per month.  Based on this experience at other sites, I assumed the new structure might not be as big of disaster as most anticipated but now that we are three days in, that is not the case.  Why are all sales coming in around the 10 - 15 cent size.  Its hard to believe so many use the smaller subscriptions at the other agencies but no one does at Shutterstock. 

« Reply #58 on: June 03, 2020, 13:36 »
+1
Based on sales at other sites, it appears that the smaller subscriptions of 10 to 50 images per month are more popular that the large subscriptions of 350+ images per month.  Based on this experience at other sites, I assumed the new structure might not be as big of disaster as most anticipated but now that we are three days in, that is not the case.  Why are all sales coming in around the 10 - 15 cent size.  Its hard to believe so many use the smaller subscriptions at the other agencies but no one does at Shutterstock.

Im not sure they do use them at other sites.  Also dont forget just HOW cheap SS is.  Its more affordable to buy a crazy big pack.

« Reply #59 on: June 03, 2020, 15:43 »
+9
Made 10 sales so far today for a grand total of $1.35.

What a ******* joke.

As soon as I get payout Im done.

« Reply #60 on: June 03, 2020, 16:02 »
0
Based on sales at other sites, it appears that the smaller subscriptions of 10 to 50 images per month are more popular that the large subscriptions of 350+ images per month.  Based on this experience at other sites, I assumed the new structure might not be as big of disaster as most anticipated but now that we are three days in, that is not the case.  Why are all sales coming in around the 10 - 15 cent size.  Its hard to believe so many use the smaller subscriptions at the other agencies but no one does at Shutterstock.

These "subscriptions" of 10 or 50 images per month aren't really subscriptions at all - no volume. They're discounted image packs. However, I think Shutterstock was previously making out like bandits on any of the 10/50 per month as we would get 38 each and they'd pocket the rest. The On Demand images (a package where you have one year to use your downloads) paid $2.85 royalties each which left Shutterstock much better off when they bought the smaller package and worse off, but still profitable, when they bought the larger one.

Given how well Shutterstock was (theoretically) doing on the 10/50 subscriptions, I'm assuming they weren't selling, or at least not as much as the higher volume 350/750. And when they introduced the annual pay-up-front option recently, which discounted images to the buyer to as little as 22 cents, they would have lost up to $118 a month on each if a buyer downloaded all of a 750 subscription.

The other two options for 350/750 left Shutterstock a little better off. So my conclusion is that sales were down, or not growing as they'd like, and they tried to boost them with the cheaper annual pay-up-front option. They had to cut subscription royalties to be able to afford that, and they could offer almost whatever percentages they liked to try and persuade contributors to buy this awful arrangement because the percentages don't matter anything like as much as the massive reduction in subscription royalties.

« Reply #61 on: June 03, 2020, 16:54 »
0
One of the side effects I've noticed is that I get more for EL and large SODs.

I believe the large SODs were previously $75. Now it's $96. We just need more of these to offset the sub losses.

« Reply #62 on: June 03, 2020, 18:09 »
+2
One of the side effects I've noticed is that I get more for EL and large SODs.

I believe the large SODs were previously $75. Now it's $96. We just need more of these to offset the sub losses.

I had SODs for all sorts of values - $32 to $120 (I think that was the highest) There isn't a fixed royalty on those, just a percentage of the buyer's price. Certainly, if there were more of them, if you're at 40% you could do better.

However, their enterprise sales (where all those nice fat royalties come from ) has been shrinking for the last two quarters and the "e-commerce" side is what's growing

« Reply #63 on: June 03, 2020, 23:28 »
+3
It's like stealing candy from a baby.

« Reply #64 on: June 04, 2020, 00:28 »
+2
Apparently $.10 is the new $1.00

« Reply #65 on: June 04, 2020, 00:42 »
+1
Made 10 sales so far today for a grand total of $1.35.

What a ******* joke.

As soon as I get payout Im done.

You're killin' it. I've got one sale so far this month on SS for $.10

It's actually kind of an insult. Something I just shot recently specifically for stock. One thing about SS for me is they definitely review faster than the others. I was excited because the day after shooting  and submitting it was sold. I look at the stats. $.10

what

« Reply #66 on: June 04, 2020, 06:21 »
0
Curious to know what people are getting paid for on demand sales.
Yesterday I got two, $2.75 and $3.28. I am level 4.
I was not expecting that much to be honest, but apart from that it is a disaster...


« Reply #67 on: June 04, 2020, 07:25 »
0
Curious to know what people are getting paid for on demand sales.
Yesterday I got two, $2.75 and $3.28. I am level 4.
I was not expecting that much to be honest, but apart from that it is a disaster...

$2.23 and $2.57 so far.  Several of each.  Im level 5.  (Used to get $2.75)

« Reply #68 on: June 04, 2020, 07:50 »
0
Curious to know what people are getting paid for on demand sales.
Yesterday I got two, $2.75 and $3.28. I am level 4.
I was not expecting that much to be honest, but apart from that it is a disaster...

Just got 10c on demand. The same as the subs. I should feel lucky that I also got 50c demand. Wow.

 :'(

Brasilnut

  • Author Brutally Honest Guide to Microstock & Blog

« Reply #69 on: June 04, 2020, 07:58 »
+6
I love when life imitates art...

« Reply #70 on: June 04, 2020, 10:13 »
0
One of the side effects I've noticed is that I get more for EL and large SODs.

I believe the large SODs were previously $75. Now it's $96. We just need more of these to offset the sub losses.

I had SODs for all sorts of values - $32 to $120 (I think that was the highest) There isn't a fixed royalty on those, just a percentage of the buyer's price. Certainly, if there were more of them, if you're at 40% you could do better.

However, their enterprise sales (where all those nice fat royalties come from ) has been shrinking for the last two quarters and the "e-commerce" side is what's growing

I haven't seen EL's or SOD sales for months. Used to have 4-6 a month. I blamed it on the Corona and thought they will come back once the virus is gone.

What will happen with Shitterstock when we all stop uploading new stuff? I guess in some months the happy buyers will notice there is not much new stuff and might go elsewere and not extending their monthly packages etc. It might take some time and I hope a lot of contributors will stop uploading new stuff like me but the effect must be there!

« Reply #71 on: June 04, 2020, 10:31 »
+4

What will happen with Shitterstock when we all stop uploading new stuff? I guess in some months the happy buyers will notice there is not much new stuff and might go elsewere and not extending their monthly packages etc. It might take some time and I hope a lot of contributors will stop uploading new stuff like me but the effect must be there!

Lets be honest,nobody will notice.  Their library is huge and they have 100,000 contributors and new ones joining each day.  iStock is still somehow around after people didthesame.
There will always be people happy for 10c sales and "exposure".  Some bigger libraries will also stay after getting better deals.

« Reply #72 on: June 04, 2020, 10:32 »
+10
Yes, that is just how you surrender, fact is you don't have to put up with it!

« Reply #73 on: June 04, 2020, 10:39 »
+5

What will happen with Shitterstock when we all stop uploading new stuff? I guess in some months the happy buyers will notice there is not much new stuff and might go elsewere and not extending their monthly packages etc. It might take some time and I hope a lot of contributors will stop uploading new stuff like me but the effect must be there!

Lets be honest,nobody will notice.  Their library is huge and they have 100,000 contributors and new ones joining each day.  iStock is still somehow around after people didthesame.
There will always be people happy for 10c sales and "exposure".  Some bigger libraries will also stay after getting better deals.

They have very few people providing their saleable content. The 100,000 people are mostly no longer active or have tiny portfolios full of snapshots. They just made this unsustainable for people doing professional work. They only need their library to fall behind their competitors to put them out of business. We've done it before (DPC), and there were people saying the exact same defeatist things then too. If you can't afford to delete content straight away at least stop uploading until they give us a better deal.


« Reply #74 on: June 04, 2020, 10:43 »
+12
14 downloads this month including 2 SODs and I haven't made 2 dollars yet. When I have typed this I am going back to SS and disabling my portfolio. If they don't back peddle by the end of June I will close my account.


 

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