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Author Topic: S J Locke Uploading to Shutterstock  (Read 48515 times)

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« Reply #25 on: January 10, 2014, 05:21 »
+4
Is now the time to buy SS shares? I mean Yuri showed us how they dropped when he left, so now with Sean testing the waters it must mean they will go up right?

;)


« Reply #26 on: January 10, 2014, 06:18 »
+1
Is now the time to buy SS shares? I mean Yuri showed us how they dropped when he left, so now with Sean testing the waters it must mean they will go up right?

;)
As always, Jasmin, by the time the man in the street realises it's time to buy the opportunity has passed.  The Sean rally has already happened. Here's the news from Jan 8th:


    SSTK has traded 145,933 shares today.

    SSTK is trading at a new lifetime high.

(Currently about $83, up from $27 a year ago.... if only I'd been taking my earnings as share options!)
« Last Edit: January 10, 2014, 06:24 by BaldricksTrousers »

« Reply #27 on: January 10, 2014, 07:07 »
+3
So, Sean, is it living up to its billing so far?

11 sub sales yesterday, don't know if that is good or bad.  I like the map interface on the home page for sales.  Not crazy about using description meta as the title because I have to retype all my titles.  The model release manager would be more useful if you could do multiple releases for people.  I have to add the date of the release to the name to tell the difference.

Ron

« Reply #28 on: January 10, 2014, 07:25 »
0
So, Sean, is it living up to its billing so far?

11 sub sales yesterday, don't know if that is good or bad.  I like the map interface on the home page for sales.  Not crazy about using description meta as the title because I have to retype all my titles.  The model release manager would be more useful if you could do multiple releases for people.  I have to add the date of the release to the name to tell the difference.

You only need one release per person for all images of that person. 11 subs on a new portfolio of 200 images is ok. It needs time to settle and get traction.  Soon ODDs, ELs and SODs will come in and then your income will increase nicely over the year. Roughly you get one EL on every 500 DLs, thats seems to a reliable average.
« Last Edit: January 10, 2014, 07:27 by Ron »

« Reply #29 on: January 10, 2014, 07:38 »
0
So, Sean, is it living up to its billing so far?

11 sub sales yesterday, don't know if that is good or bad.  I like the map interface on the home page for sales.  Not crazy about using description meta as the title because I have to retype all my titles.  The model release manager would be more useful if you could do multiple releases for people.  I have to add the date of the release to the name to tell the difference.

You only need one release per person for all images of that person. 11 subs on a new portfolio of 200 images is ok. It needs time to settle and get traction.  Soon ODDs, ELs and SODs will come in and then your income will increase nicely over the year. Roughly you get one EL on every 500 DLs, thats seems to a reliable average.

Most of my releases are for a specific date.  I would think they would want the right one attached, no?  That would make it easier if they didn't.

« Reply #30 on: January 10, 2014, 08:04 »
+1
So, Sean, is it living up to its billing so far?

11 sub sales yesterday, don't know if that is good or bad.  I like the map interface on the home page for sales.  Not crazy about using description meta as the title because I have to retype all my titles.  The model release manager would be more useful if you could do multiple releases for people.  I have to add the date of the release to the name to tell the difference.

You only need one release per person for all images of that person. 11 subs on a new portfolio of 200 images is ok. It needs time to settle and get traction.  Soon ODDs, ELs and SODs will come in and then your income will increase nicely over the year. Roughly you get one EL on every 500 DLs, thats seems to a reliable average.

Most of my releases are for a specific date.  I would think they would want the right one attached, no?  That would make it easier if they didn't.

You need only one release per person.... they didn't care when or at what specific photo shoot was signed.

« Reply #31 on: January 10, 2014, 08:34 »
0
Really? Last year, they demanded even a location for each shooting on the releases!

« Reply #32 on: January 10, 2014, 09:02 »
+1
So, Sean, is it living up to its billing so far?

11 sub sales yesterday, don't know if that is good or bad.  I like the map interface on the home page for sales.  Not crazy about using description meta as the title because I have to retype all my titles.  The model release manager would be more useful if you could do multiple releases for people.  I have to add the date of the release to the name to tell the difference.

I don't know if you can really ever say it is good or bad: it is what it is.  For me, sales equalling about 10% of my portfolio in a day would leave me overjoyed, 1% is a pretty good day for me. But then you outsold me more than tenfold on iS.
It's a ridiculously limited data set to try to draw any conclusions from but selling at a rate of 10 to 15 times what I do actually does seem reasonable, so my guess is that if you assume you will continue to sell 10% of your online portfolio per day and multiply the available portfolio size by the reported average sale value - which is about 85c, if I recall correctly - then you will have some kind of ballpark figure of what you can expect to earn.

Ron

« Reply #33 on: January 10, 2014, 10:04 »
+1
Really? Last year, they demanded even a location for each shooting on the releases!
Not on SS no. IS yes.

« Reply #34 on: January 10, 2014, 11:25 »
+3
11 sub sales yesterday, don't know if that is good or bad.  I like the map interface on the home page for sales.  Not crazy about using description meta as the title because I have to retype all my titles.  The model release manager would be more useful if you could do multiple releases for people.  I have to add the date of the release to the name to tell the difference.

Downloads at SS are not yet up to full speed after the festive season __ I'd say they are only about 75% of what I'd consider 'normal'. On a normal weekday I'd expect about 2% of my portfolio to be downloaded. I seem to remember you out-selling me on IS by about 5x so I'd expect you to sell up to 10% of your portfolio on a given day when things are busy.

Early sales on new images are to be expected although not as much as they once were. I'm sure long-term subscribers regularly trawl for new images in the subjects that they have an interest in. Generally speaking however it can take an image up to 6 months to attain its optimum sort-order position.

Sort order position is entirely driven by the keywords actually used when an image is downloaded. Therefore similar images from the same series often prove popular in different keyword searches. For example a series of a family camping might have one image popular on a search using 'camping', another image popular with 'outdoors' and another with 'family vacation'.

I'm sure you have a made a good move with Shutterstock. Stock images by their nature are a depreciating asset and you might as well have them earning you good money whilst they are depreciating rather than hidden away on a hard drive somewhere.

I'd recommend DT for further exploration next. Earnings at DT, for a given portfolio, might be expected to earn at roughly 20-25% of the same portfolio at SS. However earnings tend to be particularly stable at DT because RPD increases as images ascend Levels. Don't forget to stuff titles and descriptions at DT with the most important keywords (NB: they don't have to make perfect grammatical sense).

Btw __ have you tried the SS Contributors' App on your iPad yet? If you like the map you'll love the app! It's brilliant for quickly checking daily/weekly sales, total earnings for each image and the keywords used by buyers.
« Last Edit: January 10, 2014, 11:29 by gostwyck »

« Reply #35 on: January 10, 2014, 11:40 »
+1
Well said Gostwyck!

Ron

« Reply #36 on: January 10, 2014, 11:56 »
0

Sort order position is entirely driven by the keywords actually used when an image is downloaded. Therefore similar images from the same series often prove popular in different keyword searches. For example a series of a family camping might have one image popular on a search using 'camping', another image popular with 'outdoors' and another with 'family vacation'.


Thats not entirely correct. It totally depends on which sort order you are using, New, Popular or Relevant. And the Popular search is using a lot more factors to determine sort order.

The speed of sales, the number of sales, how quick an images sells after coming online, views, downloads, geo-location of the buyer, etc, all are factored into the algorithm.

« Reply #37 on: January 10, 2014, 12:16 »
0
Btw __ have you tried the SS Contributors' App on your iPad yet? If you like the map you'll love the app! It's brilliant for quickly checking daily/weekly sales, total earnings for each image and the keywords used by buyers.

I couldn't find it in the app store.  All I found was the buyers app.  What's it called?

Ron

« Reply #38 on: January 10, 2014, 12:27 »
0
Btw __ have you tried the SS Contributors' App on your iPad yet? If you like the map you'll love the app! It's brilliant for quickly checking daily/weekly sales, total earnings for each image and the keywords used by buyers.


I couldn't find it in the app store.  All I found was the buyers app.  What's it called?


Not sure if its an app, just click http://submit.shutterstock.com/mobile and login

« Reply #39 on: January 10, 2014, 12:47 »
0
What Ron said :) Read the blog post about it here

http://www.shutterstock.com/buzz/contributor-mobile-app

« Reply #40 on: January 10, 2014, 12:59 »
+3
That's a surprise - but it does make sense. Trying to get a decent return must be almost impossible if you refuse to go on subscription sites.
   

 It tells of the low sales on Stocksy and the lack of hope for it coming close to istock's income.

« Reply #41 on: January 10, 2014, 13:03 »
+1
Good luck Sean, I'm sure you will be pleasantly surprised at your returns on SS with the rep you have and your port. I'm only a small fish but compared to what IS does and is doing, real professionalism is plain to see. Enjoy your success. SS is really not a bad company.


« Reply #42 on: January 10, 2014, 13:04 »
0
never say never

Sean was inspired to upload to SS while listening to Romeo Void?

« Reply #43 on: January 10, 2014, 13:05 »
+2
That's a surprise - but it does make sense. Trying to get a decent return must be almost impossible if you refuse to go on subscription sites.
   

 It tells of the low sales on Stocksy and the lack of hope for it coming close to istock's income.

Actually, it's more about the low sales on Pond, DP, etc.  It's nice to see 7 year old files come back to life.

« Reply #44 on: January 10, 2014, 13:07 »
0
So, Sean, is it living up to its billing so far?

11 sub sales yesterday, don't know if that is good or bad. 

That's the tip of the iceberg. I got about the same amount of sales yesterday, and I am sure you outsell me by a few orders of magnitude. Your future daily numbers will dwarf those 11 sales.

stocked

« Reply #45 on: January 10, 2014, 13:36 »
+2
Happy to see your white background images found a well deserved home. I'm sure these images will do best over there!
Wish you success and many extended licenses!  :)

« Reply #46 on: January 10, 2014, 13:52 »
0
It means they have very good peopleskills and know how to respect the community as a group of independent entrepreneurs that they meet at eye level.

Sorry but for me, 35 cents isn't "eye level."

Ron

« Reply #47 on: January 10, 2014, 13:57 »
-3
Good luck Sean, I'm sure you will be pleasantly surprised at your returns on SS with the rep you have and your port. I'm only a small fish but compared to what IS does and is doing, real professionalism is plain to see. Enjoy your success. SS is really not a bad company.
7 year old images also show 7 year old clothing, hairstyles and interiors. Lifestyle is the toughest category, and Seans 7 year old images will be competing against new fresh up to date content, and millions of it. Its not going to be an easy ride, but I am sure with more and new content he will make a decent return.

« Reply #48 on: January 10, 2014, 14:00 »
+2
It means they have very good peopleskills and know how to respect the community as a group of independent entrepreneurs that they meet at eye level.

Sorry but for me, 35 cents isn't "eye level."

The only place I get 35 cents (or less) is iStock or dreamstime - if you're going to criticize SS, at least keep up with where things actually are versus some straw horse that's convenient but incorrect.

« Reply #49 on: January 10, 2014, 14:10 »
+3
My lowest was 6 cents. From Gettyimages.

I feel comfortable buying iphone apps for 99 cents that were programmed by over 100 people and took 18 months to develop. I dont feel bad if people pay 35 cents as long as there are enough sales.

You just need to offer the right files for the high volume market and the specialised content for the low volume market.

Business is business. Only the money in my bank account is what is important.


 

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