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Author Topic: Missed minimum payout for the first time in 8 years  (Read 12772 times)

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« Reply #50 on: November 22, 2020, 06:09 »
+1
In my case I endured the pain already. Dropped them as soon as they announced their new rules. At this point I am growing at a steady pace with my other agencies even with this pandemic situation. At one point or another people that take this career seriously will have to make the jump if they want to keep growing. Buyers are not that stupid that agencies are making us believe, they do look elsewhere and with your content on Shutterstock you will surely never really take off in the ones that pay you better royalties. Yes, buyers are price conscious but at this already rock bottom prices they follow where the content is. Many great contributors are abandoning Shutter and placing their content elsewhere, this are the ones you should be watching closely. Shutter raised because they understood this and now they will fall because of the greed of their management that wants to quickly sell their stock and invest somewhere else........

It will take time though, for now SS continues to be in the top 3 per month with pond5 and Adobe contributing more to monthly income and SS dropping fast.

The scary part will be the coming few months where monthly income will go down


Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #51 on: November 22, 2020, 12:10 »
+2
It will take time though, for now SS continues to be in the top 3 per month with pond5 and Adobe contributing more to monthly income and SS dropping fast.

The scary part will be the coming few months where monthly income will go down

Remember when iStock was everyone's favorite and the darling of Microstock? Look at them now. Adobe is the future for most of us. Well managed, fairest pay, good buyer base and the free annual software deal is a fairly nice fringe benefit.

SS isn't dropping fast for me, but we all have different images and directions. Please don't remind me of this post in January when SS will obviously be dropping fast for me too.  :(

« Reply #52 on: November 24, 2020, 03:10 »
+1
Have stopped uploading to SS, but its not evident that Pond5 or Arobe have been doing really well with this new stuff content that only gone to them

But it's definitely a relief to not have videos selling at under a dollar at shutterstock. The one two sales at Adobe make it well worth losing 20-30 vid sales at SS

« Reply #53 on: November 25, 2020, 17:23 »
0
Have stopped uploading to SS, but its not evident that Pond5 or Arobe have been doing really well with this new stuff content that only gone to them...

there's not much change because the 'new stuff' is just a tiny portion of their normal intake

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #54 on: December 28, 2020, 07:29 »
+6
Only four more days before New Year reset event.



« Last Edit: December 28, 2020, 08:55 by Uncle Pete »

wds

« Reply #55 on: December 28, 2020, 16:37 »
+1
To this day, I don't understand why the agencies don't take the approach of inching up prices on strong selling images (and of course to proportionally pass the increased earnings on to the photographer). Surely they have enough data and modeling to make this work both for them and the contributor. I just don't get the only solution being to continue to lower prices....and cut commisions

« Reply #56 on: December 28, 2020, 16:51 »
0
In my country Venezuela, we have a saying, it says "Sarna con gusto no pica, y si pica no mortifica!"

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #57 on: December 29, 2020, 11:35 »
+1
To this day, I don't understand why the agencies don't take the approach of inching up prices on strong selling images (and of course to proportionally pass the increased earnings on to the photographer). Surely they have enough data and modeling to make this work both for them and the contributor. I just don't get the only solution being to continue to lower prices....and cut commisions

Good idea. DT and Alamy at least have a benefit for Exclusive by image.



Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #58 on: December 30, 2020, 11:46 »
+2





« Reply #59 on: January 01, 2021, 12:31 »
0




@Uncle Pete Why didn't you continue the count down?

« Reply #60 on: January 01, 2021, 13:05 »
+4
Missed payout last month. Deactivated my account today. F*ck them.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #61 on: January 02, 2021, 08:44 »
+2
@Uncle Pete Why didn't you continue the count down?

Busy doing backups. Annual event, get organized, back up photos, videos, whatever, sort by dates, events, subjects. Go out at 5 and celebrate, be home by 7PM to avoid the young amateurs. Pop the champagne and have a cozy evening at home.




« Reply #62 on: January 19, 2021, 11:09 »
+4
Interestingly in addition to lower earnings, the number of sales is dropping for me at Shutterstock while it's going up at Adobe, Dreamstime and Alamy. Even Featurepics is rising from the dead with 3 x 3 dollars in December. A few years ago I would have called that a joke. Nowadays that's the equivalent of 90 typical sales at SS.

In June last year I said to myself that I'll remove my portfolio at SS when they sink below 30% of my earnings, thinking that it would take a couple of years. They're almost there already.

« Reply #63 on: January 19, 2021, 11:47 »
0
I don't understand why the agencies don't take the approach of inching up prices on strong selling images (and of course to proportionally pass the increased earnings on to the photographer).

DT used to do exactly that with images given ranks based on numbers of sales - the higher the rank the higher the price.  It was always nice when you got those level-five credit sales.  Unfortunately, it didn't seem to be sustainable, at least for agency profits.  Not sure if they even track the levels any more.

DT also had a very strict similars policy with the idea to keep the database clean for a better buyer experience.  Another idea that sounded good in theory but died in the face of reality.


 

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