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Author Topic: Recieved an email from Shutterstock.  (Read 11896 times)

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« on: April 23, 2013, 15:38 »
0
Hi Guys,
I just received an email from Shutterstock. They saw some of my video work online and invited me to join. I am currently exclusive at IS, but have been debating on branching out. Is this something Shutterstock does often? I actually had work on there a few years back, but pulled it once I went exclusive at IS...I guess I am just looking for some insight into Shutterstock as far as video...


« Reply #1 on: April 23, 2013, 16:32 »
+5
I just received an email from Shutterstock too. Not Approved - Noise--Noise, film grain, over-sharpening, or artifacts at full size. Your email sounds better though  :)

« Reply #2 on: April 23, 2013, 17:27 »
0
Ha, yes lol. How do you like Shutterstock outside of that?

ShadySue

  • There is a crack in everything
« Reply #3 on: April 23, 2013, 17:29 »
+1
Is there any real advantage in being video exclusive at iStock?

« Reply #4 on: April 23, 2013, 17:36 »
+1
I just received an email from Shutterstock too. Not Approved - Noise--Noise, film grain, over-sharpening, or artifacts at full size. Your email sounds better though  :)

They must like you better than me.  All I get is my photos sitting there unreviewed for 24 days.

lisafx

« Reply #5 on: April 23, 2013, 17:54 »
0
Hi Guys,
I just received an email from Shutterstock. They saw some of my video work online and invited me to join. I am currently exclusive at IS, but have been debating on branching out. Is this something Shutterstock does often? I actually had work on there a few years back, but pulled it once I went exclusive at IS...I guess I am just looking for some insight into Shutterstock as far as video...

Interesting.  This is the first I have heard of Shutterstock actively recruiting existing Istock exclusives.  Very smart strategy IMO. 

Congrats on having such good work Dingle :)

I don't shoot video, so I can respond on that front, but I can say that Shutterstock has historically been a very good company and are a huge earner. 

« Reply #6 on: April 23, 2013, 17:58 »
0
Ha, yes lol. How do you like Shutterstock outside of that?

I can't talk about video as I don't do it, but ss on the whole is a well-oiled machine. They seldom don't produce for contributors. Introducing 25 cent subs on BS though sets off alarm bells. Will they one day do an IS and get greedy.

« Reply #7 on: April 23, 2013, 18:08 »
0
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« Last Edit: May 12, 2014, 14:24 by Audi 5000 »

« Reply #8 on: April 23, 2013, 18:13 »
0
Ha, yes lol. How do you like Shutterstock outside of that?

I can't talk about video as I don't do it, but ss on the whole is a well-oiled machine. They seldom don't produce for contributors. Introducing 25 cent subs on BS though sets off alarm bells. Will they one day do an IS and get greedy.
It will be a dark day when Shutterstock introduces 25 cent subs.

ummm..... they do 25c subs, and then you go up the tier as your sales increase

« Reply #9 on: April 23, 2013, 18:15 »
0
I dropped video exclusivity at IS  some months ago as the sales were terrible there.But to be honest I haven't seen any improvement  by doing so especially I am very disappointed with  SS footage sales .I get sales ,near zero, same with FT , I am curious to see how pond5 will perform though.
plus side of being IS video exclusive is you only upload to one site,(saving a lot of time) well as for sales, I don't know how it is now for the exclusives my sales are ok now as non exclusive I just get a smaller cut though.

« Reply #10 on: April 23, 2013, 18:16 »
-3
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« Last Edit: May 12, 2014, 14:24 by Audi 5000 »

« Reply #11 on: April 23, 2013, 18:19 »
+1
I cant remember when they started the 25c subs - but they do good volume and with the occassional EL and SOD sales its the best agency out there at this point in time

« Reply #12 on: April 23, 2013, 18:31 »
+1
Ha, yes lol. How do you like Shutterstock outside of that?

I can't talk about video as I don't do it, but ss on the whole is a well-oiled machine. They seldom don't produce for contributors. Introducing 25 cent subs on BS though sets off alarm bells. Will they one day do an IS and get greedy.
It will be a dark day when Shutterstock introduces 25 cent subs.

ummm..... they do 25c subs, and then you go up the tier as your sales increase
Oh so they already pulled an Istock and got greedy by introducing 25 cent subs.  I wonder how long ago they pulled an Istock?  2004 I think it was, right?

You still don't get it. I read similar stuff from you in other threads and you still don't get it. 25 cent subs on ss is for less than $500 earnings. Less than $500 on ss doesn't last long. Then it goes up to 33 cents and then it goes up to 36 cents and then 38 cents. The difference here is that the subs recently introduced on BS stay at 25 cents for most people. So you tell me why they did this?

Like I say I really hope they don't do an IS. We already have one ms site which lost its way, we don't want another.
« Last Edit: April 23, 2013, 18:36 by Microstock Posts »

Poncke

« Reply #13 on: April 23, 2013, 18:35 »
0
Ha, yes lol. How do you like Shutterstock outside of that?

I can't talk about video as I don't do it, but ss on the whole is a well-oiled machine. They seldom don't produce for contributors. Introducing 25 cent subs on BS though sets off alarm bells. Will they one day do an IS and get greedy.
It will be a dark day when Shutterstock introduces 25 cent subs.

ummm..... they do 25c subs, and then you go up the tier as your sales increase
Oh so they already pulled an Istock and got greedy by introducing 25 cent subs.  I wonder how long ago they pulled an Istock?  2004 I think it was, right? 
That has to be one of the most bizarre comments I've read in awhile.
You dont know what you are talking about. Did you ever do a calculation? Do you realize SS actually pays more then the sub cost to a buyer? The royalty is over 100% for subs if you are in the 38 cent club. You are trying too hard to make SS look bad




« Reply #14 on: April 23, 2013, 18:36 »
0
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« Last Edit: May 12, 2014, 14:24 by Audi 5000 »

« Reply #15 on: April 23, 2013, 18:38 »
-2
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« Last Edit: May 12, 2014, 14:24 by Audi 5000 »

Poncke

« Reply #16 on: April 23, 2013, 18:48 »
0
You dont know what you are talking about. Did you ever do a calculation? Do you realize SS actually pays more then the sub cost to a buyer? The royalty is over 100% for subs if you are in the 38 cent club. You are trying too hard to make SS look bad
Now that's hilarious, you think Shutterstock is paying out more than 100%?
Prove me wrong on subs...


« Reply #17 on: April 23, 2013, 18:51 »
0
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« Last Edit: May 12, 2014, 14:24 by Audi 5000 »

Poncke

« Reply #18 on: April 23, 2013, 18:59 »
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You dont know what you are talking about. Did you ever do a calculation? Do you realize SS actually pays more then the sub cost to a buyer? The royalty is over 100% for subs if you are in the 38 cent club. You are trying too hard to make SS look bad
Now that's hilarious, you think Shutterstock is paying out more than 100%?
Prove me wrong on subs...
Do you get the same amount of downloads on holidays and weekends as you do on weekdays?  The answer is no.  They still make the same money on the subscription but payout a lot less then and every other time someone doesn't use the full amount.
I think commonsense would also lead you to the conclusion that they are not paying out more than they take in.
You are making stuff up, do the calculation. Come on do it. You know you are going to find out you are wrong. The fact that a buyer doesnt use his full quota doesnt mean SS is paying me less per image.

Do the hard numbers, cost of an image and my royalty. Come on do it.

I'll do it, since you will never admit it.

199 dollar subscription package. 750 images. An image downloaded from me cost 0.265 cent, I get 0.33 cent. 124%

Cheers.

« Reply #19 on: April 23, 2013, 19:03 »
-4
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« Last Edit: May 12, 2014, 14:23 by Audi 5000 »

Poncke

« Reply #20 on: April 23, 2013, 19:09 »
+1
Little guy, you should see me in real life. Careful now.

I may sound upset, you may sound like an IS fanboy.

The calculation is never wrong as it is factual.

End of the discussion for me. 

« Reply #21 on: April 23, 2013, 19:44 »
+1
Is there any real advantage in being video exclusive at iStock?

That is the question. Sales are the same as when I was non- exclusive, but now I get 25% instead of 15%.

It's flattering to hear this isn't common practice for them...a good ego boost  ;D. My main reservation is when I did have video content on SS I never got a single sale. The only reason I went with IS exclusivity was because I was getting sales there. Since the grass always seems greener on the other side, I'm curious how well I'd do now that my portfolio is much larger.

Thanks for the feedback, and the thread hijack has been a fun read as well   ;)
« Last Edit: April 23, 2013, 19:47 by dingles »

« Reply #22 on: April 23, 2013, 20:00 »
-3
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« Last Edit: May 12, 2014, 14:23 by Audi 5000 »

« Reply #23 on: April 23, 2013, 20:05 »
0
Thanks for thanking me for my part in the thread hijack all I want is a little recognition. ;)  From my experience Shutterstock is not the reason you should drop exclusivity, Pond5 is a bigger player for most people with Shutterstock usually third after Istock for video.

I had a hard time with Pond5 when I was non-exclusive. The set your own price model seems to allow my work to be mimicked and undersold all on the same site. I have issues with that.

jbarber873

« Reply #24 on: April 23, 2013, 20:39 »
+2
My video sales at SS have become about 50% of total sales over the last year. I usually get at least one or two sales a day, and the amount I get per sale is much greater than at Istock. SS and Pond5 are neck and neck for sales now, with Istock dropping from number one to a very distant third over the last year. Since I am non-exclusive, I'm at the back of the search results on best match at Istock, even if my video is selling in that category.
Uploading is much easier, and approvals are fast, sometimes the same day. Rejections are intelligently explained and open to re-submission. Overall, they are a much more professional group than what has surfaced over at Istock.
Having said that, being an exclusive at Istock puts you up front on searches, opens up vetta, and makes approvals much easier and faster. Non-exclusives need to plan for a 6 to 8 week wait for approvals, with in my case a 40% rejection rate.
The walled garden at Istock is a great perk for exclusives, and seems to be growing, as it is the only thing they have as a unique selling proposition, so it's not something to give up lightly.
If as you say, your work is easily imitated at Pond5, you may be in the best place right now. I would do an analysis of the competition at SS and P5, versus Istock, before making a move.


 

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