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Author Topic: Happy Reset!  (Read 1987 times)

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« on: December 31, 2023, 09:02 »
+9
Just want to wish everyone and every subber contributor a very happy reset.

May you be excited and incentivized on happy reset day.  :)



« Reply #1 on: December 31, 2023, 09:32 »
+4
 :D

Better to laugh about it ...

I've been a full-time stock travel photographer for 13 years, and 2024 could be my last year to do this job (full-time). Maybe it's time to find other opportunities ...

« Reply #2 on: December 31, 2023, 10:10 »
+1
For me, the way back to level 5 is taking longer and longer every year. I hate this new income structure!

« Reply #3 on: December 31, 2023, 10:15 »
+1
The famous words from shutter and it's owner to use on this reset
"
Shutterstock says its making this adjustment in order to reflect changes in the market for creative content, help to create fair opportunities for all our contributors, and reward performance with greater earnings potential."

« Reply #4 on: December 31, 2023, 10:16 »
+8
In my opinion, the problem with shutterstock is not the percentage for the author. Its problem is the constant decrease in the number of buyers. Buyers are leaving this stock.

« Reply #5 on: January 01, 2024, 09:29 »
+2
By robbing their contributors they shot themselves in leg. They are late for the game of innovation. The ship has sailed.

wds

« Reply #6 on: January 01, 2024, 10:09 »
+1
In my opinion, the problem with shutterstock is not the percentage for the author. Its problem is the constant decrease in the number of buyers. Buyers are leaving this stock.

I think it is both.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #7 on: January 01, 2024, 14:49 »
+6
Just want to wish everyone and every subber contributor a very happy reset.

May you be excited and incentivized on happy reset day.  :)

Welcome back to 2021



« Reply #8 on: January 05, 2024, 04:42 »
+6
It would be a happy reset if they would reset this crap they are doing since 2020. I would love to reset my account to 2019 when I used to earn almost four times more for the same images  >:(

« Reply #9 on: January 08, 2024, 12:45 »
+2
Don't you all feel rewarded and motivated by this exciting new old reset?

« Reply #10 on: January 09, 2024, 08:47 »
0
It bothers me they reset it every year but honestly I reach back to level 4 in maximum 2 weeks and back to level 5 by end of February, its not that bad, at least for me.

« Reply #11 on: January 09, 2024, 08:56 »
+1
It bothers me they reset it every year but honestly I reach back to level 4 in maximum 2 weeks and back to level 5 by end of February, its not that bad, at least for me.

It takes me to December 31st to reach level 2 and the next day they reset me back to level 1  :-\

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #12 on: January 09, 2024, 21:51 »
+2
In my opinion, the problem with shutterstock is not the percentage for the author. Its problem is the constant decrease in the number of buyers. Buyers are leaving this stock.

Do you have evidence to support that? This chart below would say otherwise. In my opinion (although it's pretty much backed up with numbers, experience and observations), the number one reason for declining income with microstock is, and always has been, the competition from fellow authors and new authors. At Shutterstock and everywhere else. Sure, there's plenty of other issues that can affect it... levels, commissions, changes to searches and other features, new agencies, people using cheaper agencies, subscriptions, the rise of AI, the rise of free sites... and all of those combined probably affect earnings more than competition, especially of late... but as a single factor, competition is the one. We don't hit 'the wall' due to a reduction of buyers, we hit it because we can't produce a year on year percentage increase on our portfolio numbers that exceeds the percentage increase of competing content.   


« Reply #13 on: January 09, 2024, 22:31 »
0
In my opinion, the problem with shutterstock is not the percentage for the author. Its problem is the constant decrease in the number of buyers. Buyers are leaving this stock.

Do you have evidence to support that? This chart below would say otherwise. In my opinion (although it's pretty much backed up with numbers, experience and observations), the number one reason for declining income with microstock is, and always has been, the competition from fellow authors and new authors. At Shutterstock and everywhere else. Sure, there's plenty of other issues that can affect it... levels, commissions, changes to searches and other features, new agencies, people using cheaper agencies, subscriptions, the rise of AI, the rise of free sites... and all of those combined probably affect earnings more than competition, especially of late... but as a single factor, competition is the one. We don't hit 'the wall' due to a reduction of buyers, we hit it because we can't produce a year on year percentage increase on our portfolio numbers that exceeds the percentage increase of competing content.

Any much was distributed to contributors?

wds

« Reply #14 on: January 09, 2024, 22:32 »
+1
I see SS dropping in royalties but AS continues to be strong. This is backed up by the "Poll Results".
« Last Edit: January 09, 2024, 22:39 by wds »

« Reply #15 on: January 10, 2024, 12:04 »
+1
I see SS dropping in royalties but AS continues to be strong. This is backed up by the "Poll Results".

The MSG poll results are flawed big time. In the past I've seen where someone will say they earned like $5,000 for the month on a company like Mostphotos and now most photos is number one on the MSG poll. I've reached out to leaf on this matter to make adjustments that better reflect the accuracy of the poll.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #16 on: January 10, 2024, 13:04 »
+1
In my opinion, the problem with shutterstock is not the percentage for the author. Its problem is the constant decrease in the number of buyers. Buyers are leaving this stock.

Do you have evidence to support that? This chart below would say otherwise. In my opinion (although it's pretty much backed up with numbers, experience and observations), the number one reason for declining income with microstock is, and always has been, the competition from fellow authors and new authors. At Shutterstock and everywhere else. Sure, there's plenty of other issues that can affect it... levels, commissions, changes to searches and other features, new agencies, people using cheaper agencies, subscriptions, the rise of AI, the rise of free sites... and all of those combined probably affect earnings more than competition, especially of late... but as a single factor, competition is the one. We don't hit 'the wall' due to a reduction of buyers, we hit it because we can't produce a year on year percentage increase on our portfolio numbers that exceeds the percentage increase of competing content.

Interesting numbers and I don't want to be too argumentative, but SS revenue, is that from Stock or all revenue? Microstock could be going down and flat, but some other area could be bringing the numbers up. I don't read annual reports, but I think the specific number for what is paid to us, or what the stock images gross sales are, would be what matters?

I don't know if they are gaining or adding customers, just saying, the specific area we care about is, Microstock Customers. We don't get paid more if some other segment is doing well.


SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #17 on: January 10, 2024, 23:20 »
0
The amount that we get paid is absolutely the most important thing... but Stoker stated that 'buyers are leaving this stock' when the numbers would indicate that they're not. 

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #18 on: January 11, 2024, 14:57 »
+1
The amount that we get paid is absolutely the most important thing... but Stoker stated that 'buyers are leaving this stock' when the numbers would indicate that they're not.

Yes that's true and yes that's true. (both parts) but if revenue reported, is for the entire company and not only Microstock, we can't know if SS income for the part we care about is up or down?


 

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