MicrostockGroup

Agency Based Discussion => Shutterstock.com => Topic started by: WarrenPrice on May 31, 2012, 10:00

Title: Shutterstock Customer Base up 71%
Post by: WarrenPrice on May 31, 2012, 10:00

More than 550,000 active, paying users contributed to revenue in 2011, representing an increase of 71 percent compared to the prior year.

Copied this from a post on SS Forums.  It is from an article about the upcoming IPO.

Not sure if that means "revenue" increased by 71% or number of "customer" increased by 71%?

http://mobile.reuters.com/article/idUSBRE84D0N320120514?irpc=932 (http://mobile.reuters.com/article/idUSBRE84D0N320120514?irpc=932)

Title: Re: Shutterstock Customer Base up 71%
Post by: pancaketom on May 31, 2012, 11:02

I am guessing increase in different buyer numbers - mainly because they have more ways to buy that aren't subscriptions, so it is a lower bar to become a buyer.