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Author Topic: Shutterstock is an embarassment  (Read 90782 times)

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« Reply #425 on: February 13, 2025, 10:42 »
+2
For me, volume on Shutterstock is pretty good and well ahead of this point in 2024. RPD, however, is poor so far and well behind 2024. So plenty of low value sales and I need a few higher value ones to pull the RPD up. But early days still.


« Reply #426 on: February 13, 2025, 14:07 »
0
For me, volume on Shutterstock is pretty good and well ahead of this point in 2024. RPD, however, is poor so far and well behind 2024. So plenty of low value sales and I need a few higher value ones to pull the RPD up. But early days still.

why care about RPD?

would you rather have an RPD of .90 and sales of $50 or an RPD of .25 and $100 sales?

« Reply #427 on: February 13, 2025, 17:55 »
+2
What really matters in the end is the bottom line.

RPD is one way of understanding changes to the bottom line - double your images and double your sales but bottom line is unchanged - it probably is because the RPD has dropped. If you double your images and sales number doesn't change but RPD is the same - it is probably due to falling sales per image and not RPD.

Of course, in reality sales per image are dropping along with RPD for most contributors.

RPE - Return Per Effort would be a better metric, but also a lot harder to see and chart.

« Reply #428 on: February 13, 2025, 19:43 »
0
What really matters in the end is the bottom line.

RPD is one way of understanding changes to the bottom line - double your images and double your sales but bottom line is unchanged - it probably is because the RPD has dropped. If you double your images and sales number doesn't change but RPD is the same - it is probably due to falling sales per image and not RPD. ....

but the RPD is irrelevant - your examples are correct, but cherry picked - my AS RPD  has always been 2-3x SS RPD but SS h as consistently produced 2x the $ which is the only metric I'm concerned with.

i submit same images to both, but many fewer accepted by AS since they don't take editorial (i do try to not upload editorials to AS but sometimes it's just easier to l et them reject them, since AS often accepts images (cafes, crowd scenes, people in bkgd ) that SS considers editorial

bottom line - SS pays more bills than AS, no matter what the RPD says. everything else is window dressing & bragging rights


« Reply #429 on: February 13, 2025, 22:12 »
+2
you're right, rpd by itself doesn't matter but rpd times volume is your bottom line.  for me and i think many others volume is a little higher on shutterstock but the rpd is so low that the bottom line is much less $ than adobe.  i think we can all agree that $ in the bank is what matters at the end of the day.

« Reply #430 on: February 14, 2025, 10:00 »
+2
RPD matters because it represents the average price that you sell your work for. Microstock is a business and, in a business, you can't work out if you are making money if you don't know what your sales price is.


« Reply #431 on: February 14, 2025, 16:13 »
0
RPD matters because it represents the average price that you sell your work for. Microstock is a business and, in a business, you can't work out if you are making money if you don't know what your sales price is.
you need more than sales price to determine if you're making money.  again, my AS RPD is 2-3x that of SS but SS brings in more cash , often 2x or more.
so reporting JUST RPD is meaningless - at best, it's only half the equation - you need to consider actual income = RPD * sales.   

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #432 on: February 14, 2025, 16:43 »
0
RPD matters because it represents the average price that you sell your work for. Microstock is a business and, in a business, you can't work out if you are making money if you don't know what your sales price is.
you need more than sales price to determine if you're making money.  again, my AS RPD is 2-3x that of SS but SS brings in more cash , often 2x or more.
so reporting JUST RPD is meaningless - at best, it's only half the equation - you need to consider actual income = RPD * sales.

Or actual income is = Total pay from sales minus expenses?  :)  Or $$$ - Cost of doing business!

RPD, RPI, acceptance rate, how many images, sales per image, sales % of portfolio and pretty much anything else someone can come up with, (oh yeah almost forgot Position) is just a way to see how images or agencies are preforming. You said it, the only real answer in the end is, how much did I put in the bank. (or spend on scotch and more camera gear)

Hardly anything ever gets to the bank.

I picked this up last week. A Loupedeck+

Not sure why, except it seemed like a good idea.

« Reply #433 on: February 14, 2025, 17:03 »
+2
RPD matters because it represents the average price that you sell your work for. Microstock is a business and, in a business, you can't work out if you are making money if you don't know what your sales price is.
Well, if you look at it that way, RPD is as important as volume. Both go together in terms of earnings. And earnings in relation to effort is what really counts if you see it as a business. In other words, how much do I earn at an agency against which effort. In that regard, submitting to Adobe or Shutterstock is more or less comparable. iStock requires more effort Motion Array even more.

But of course, there are emotions involved too. Selling your content via microstock agencies is per definition degrading your work. We all hate the 10 cents at Shutterstock, but are the 38 cents at Adobe so much better in terms of valuing your work? Still pennies, and the only way to get something out of it is having volume.

In the end, what keeps us going, is the payout at the end of the month. Businesswise, I don't care whether it's done via high volumes on low RPD's or high RPD's on low volumes. Emotionally, I prefer higher RPD's on lower volumes, but then again, is it really a difference in terms of getting treated respectfully or getting recognition for your work? Not for me. If you want your work to be valued emotionally, then Microstock is not the right place for you.

« Reply #434 on: February 14, 2025, 21:24 »
+1

...
Well, if you look at it that way, RPD is as important as volume. Both go together in terms of
earnings. And earnings in relation to effort is what really counts if you see it as a business. In other words, how much do I earn at an ency against which effort. In that regard, submitting to Adobe or Shutterstock is more or less comparable. iStock requires more effort Motion Array even more. ...


again, RPD is worthless as a measure of usefulness or performance- my RPD from alamy is $30 but actual % of my income is < 5%. similarly, pond RPD has varied from $2 to $15 but overall income is again < 10% since actual sales (ie INCOME) is just a blip (tho welcome) on monthly sales

if RPD were important i'd be concentrating on alamy & pond rather than AS & SS which provide 90% of my income.  i heartily endorse those who make their decisions based on RPD since it pays for my additional international travel!
« Last Edit: February 15, 2025, 14:48 by cascoly »

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #435 on: February 15, 2025, 13:16 »
+1

...
Well, if you look at it that way, RPD is as important as volume. Both go together in terms of
earnings. And earnings in relation to effort is what really counts if you see it as a business. In other words, how much do I earn at an ency against which effort. In that regard, submitting to Adobe or Shutterstock is more or less comparable. iStock requires more effort Motion Array even more. ...

again, RPD is worthless as a measure of usefulness or performance- my RPD from alamy is $30 but actual % of my income is < 5%. similarly, pond RPD has varied from $2 to $15 but overall income is again < 10% since actual sales (ie INCOME) is just a blip (tho welcome) on monthly sales

if RPD were important i'd be concentrating on alamy & pond rather than AS & SS which provide 90% of my income.  i heartily endorse those who make their decisions based on RFD since it pays for my additional international travel!

But I am concentrating on Alamy?  ;D Yes, of course and this is what it all comes down to in these threads. Alamy has a wonderful RPD IF someone gets a download. SSTK has the worst RPD but for many had higher volume. (that's ended now, from what I see) Adobe has the best mix of downloads and RPD for many people. iStock is a mystery. For what used to be the top agency, they went downhill, until (for me) they are doing slightly better than DT.

Wirestock, for all others, all the agencies where I don't want to have an account, I only have 500 images or so, and I make more there than IS or DT. The RPD is scary bad, but the all others, and the $30 minimum, I get paid, makes up for that. I may have never made payout at 123RF or Envato or DP, but just by having the old collection, on WS, I get "Free Money" from all the deadbeat agencies.

The other problem and I've said this for years, all agencies don't accept the same images, some sell different types better than others. I sell many more Illustrations on Adobe than SSTK. IS seems to sell anything, but the problem is, low RPD and low volume. Alamy is all kinds of things that none of the previous do well on.

Anyone who's comparing RPD, RPI or pick your stat, and they have a different number of images, different images or video, different styles, and then compares agency A to Agency B, isn't using comparable data. And especially when someone says, SSTK is much better than Adobe, and someone else says, Adobe is much better than SSTK, the point is, we don't have the same images, subjects, or numbers. My numbers are nearly worthless to anyone else, and visa versa.

SSTK 5,500 images, RPD for 2024 was $0.65
Adobe 1,041 images, RPD for 2024 was $0.87 And total I made 3 times more money from Adobe

bottom line - SS pays more bills than AS, no matter what the RPD says. everything else is window dressing & bragging rights

And yes, I agree, except Adobe pays more bills than SSTK, and all the letters and numbers are mostly, after the fact, observations, that don't really change sales? It's like looking at the weather. Watching doesn't change it.

Besides the stats and bragging and watching, the most important part of this, for anyone who's actually trying to make some money, isn't RPD, RPI, or position, rank or any of the other junk stats. The heart of the business is, what sells the most, what sells best, and where. Then recognizing the market demands, and creating more of that kind of material.

ps I just passed 7,000 images on Alamy. I expect I'll make more money this year, than when I had 5,000 images last year. Of course my expectations don't mean anything to the buyers. They only care about their needs.  ;D

One Alamy DL is equal to an entire month of iStock. I just need to get up to one DL a month on Alamy, to have things balance. Otherwise 1,087 images on IS is making me more than 7,000+ images on Alamy. $$$ to DLs I'll take Alamy over IS for now.

« Reply #436 on: February 16, 2025, 04:15 »
+2
Have to agree with the above.
My January SS wasn't too bad even with the levels reset (not as good as before but better than any Jan under the "new" system.

Feb im seeing the same download numbers but despite having levelled up, ALL the sales are tiny.  Im under half the RPD for last month.

Absolutely everything is a low value SOD or Sub.  I have "sold" 2 videos though.... at $0.25 each.

« Reply #437 on: February 16, 2025, 12:57 »
0
Have to agree with the above.
My January SS wasn't too bad even with the levels reset (not as good as before but better than any Jan under the "new" system.

Feb im seeing the same download numbers but despite having levelled up, ALL the sales are tiny.  Im under half the RPD for last month.

Absolutely everything is a low value SOD or Sub.  I have "sold" 2 videos though.... at $0.25 each.

Only SS (photo, no video)

Jan 2025 RPD $0.57
Feb 2025 RPD $0.41 (up to today)

RPD 2024 $0.75
Best month Jun 2024 RPD $1.25
Worst month Feb 2024 RPD $0.45

February is going terribly for me too. But it happened last year too. It was the worst month of 2024.

« Reply #438 on: February 16, 2025, 21:06 »
0
Interesting - im seeing about $0.44 RPD for Feb as well (vs 0.77 or so for Jan) and thats despite level increases.  For context December was $1.22 and November was $1.05.  Last Feb was $0.78.

Most i know seem to have RPD dropping to the low 40c area this month.  People not renewing subscriptions or packages?  Another killer SS giveaway or sale?
« Last Edit: February 16, 2025, 21:17 by gnirtS »

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #439 on: February 17, 2025, 13:30 »
+2

...
Well, if you look at it that way, RPD is as important as volume. Both go together in terms of
earnings. And earnings in relation to effort is what really counts if you see it as a business. In other words, how much do I earn at an ency against which effort. In that regard, submitting to Adobe or Shutterstock is more or less comparable. iStock requires more effort Motion Array even more. ...


again, RPD is worthless as a measure of usefulness or performance- my RPD from alamy is $30 but actual % of my income is < 5%. similarly, pond RPD has varied from $2 to $15 but overall income is again < 10% since actual sales (ie INCOME) is just a blip (tho welcome) on monthly sales

if RPD were important i'd be concentrating on alamy & pond rather than AS & SS which provide 90% of my income.  i heartily endorse those who make their decisions based on RPD since it pays for my additional international travel!

Here's what counts:


This is all that stats are, most of the time:

People are worshiping the stat Oracle, instead of the money and the images. Are we in business for money or for stats?

The only way to divine future sales is by carefully studying WHAT sells, and where, not what numbers things sell for, rank, position or trying to game the algorithm for better sales. scientia et sapientia

« Reply #440 on: February 17, 2025, 13:46 »
+1

People are worshiping the stat Oracle, instead of the money and the images. Are we in business for money or for stats?


I think that to understand WHAT sells, WHERE sells, and HOW sells you need only one thing: numbers. Data analysis.

50% of what I earned is due to my images' quality and 50% from data analysis. Every type of data is important for something.

I think I sell much more than you, I have almost 20 years of experience in this business.

If you do it as a hobby and I do it for work, it's probably because you haven't taken care of the analysis of agency sales, your competitors' sales and the sales of your images. In addition to not improving the quality of your images.  8)



« Reply #441 on: February 17, 2025, 18:59 »
0
i heard you guys like metrics, well i've got a new one:

days of less than $1 in sales. 

adobe so far in feb had 2 while shutterstock has 8.  definitely winning. 

(yes i know one day of $10000 sales is better than 9999 days of $1 sales but it's not a trend i'm enjoying, i haven't had a bigger sale on ss in months anyway)


Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #442 on: February 18, 2025, 11:52 »
0

People are worshiping the stat Oracle, instead of the money and the images. Are we in business for money or for stats?


I think that to understand WHAT sells, WHERE sells, and HOW sells you need only one thing: numbers. Data analysis.

50% of what I earned is due to my images' quality and 50% from data analysis. Every type of data is important for something.

I think I sell much more than you, I have almost 20 years of experience in this business.

If you do it as a hobby and I do it for work, it's probably because you haven't taken care of the analysis of agency sales, your competitors' sales and the sales of your images. In addition to not improving the quality of your images.  8)

What sells and where, and analysis of that, is the answer.  8)

My point is about all that statistics, RPD, RPI, Position, Rank, where am I in the search, which don't do anything, we can't control and are only something to look at, after the fact.

Of course, good research, better images, knowing what sells and having more of that, is the right way to do this as a business. I hope you understand the difference? Stats don't go into the bank, they don't pay for more gear, they are just a distraction from making products and actually earning more.

Let me put it this way. If you watch an egg, rolling off a table, and falling to the floor, does that change what happens when it hits the ground? That's what all the stat watching does. Nothing to stop or change anything, it's just watching as things fall and break.

Watching what images sell and where and for how much, makes for interesting research into, what to make more of and where to sell it. But that's about content, markets, specifics. It's useful for predicting the future and building more sales and income, for the future.

Does that make more sense of what I'm trying to say?

Yes, it's a hobby for me. I try to make more and earn more, but it's not my living. If I was going to find some gig business, or tell someone else how to make some side money, Microstock would not be on my list. Maybe in 2010 it would have. But with the conditions, the market, the pay/commission, the competition from AI, theives and the image factories in third world countries? Nope.

I wish the best for everyone here, success and better earnings, but watching a ship sink or a building burn down, won't change what's happening, in fact. Stats will just point out, how sad it is to still work, upload and hope that I can make some spare change from Stock Photos. What happened to residual income? Building a larger portfolio, so I'd make more money over a period of time? How about that stat?  ;D (it's the egg rolling off the edge of the table and V = gt, gravity makes the egg accelerate and smash into tiny bits, and a puddle, on the floor)

RPD income per license, RPI Income per image, total sales per agency, vs lower earnings, lower sales, less commissions = The Microstock Egg, falling, while we watch, and make notes, all kinds of stats, which aren't going to change anything in the end.

Yes, make better, smarter, more images, more things the buyers want. I agree with the people who look for needs and things that aren't covered well enough. I agree that niche images, are actually going to bring in some fair return for the effort, some of the time. Research and knowledge are the answer, to the future, and moving forward. Looking backwards is a waste of time.

« Reply #443 on: February 18, 2025, 16:25 »
+1
@Uncle Pete

I believe that all these numbers are useful to guide strategies.

Profit is a consequence of strategies.

I'll give you some examples.

I have always sold a lot on Shutterstock.

From my numbers I saw that Shutterstock's algorithm rewarded my very high quality photos. My best. With 10% of my photos (usually my best) I made 90% of my earnings.

So my strategy was: few photos, but they must be the very best.

I then made comparisons with the numbers of other contributors (these are similar numbers, useful for the example).

Me: 5,000 images $2000 on SS and $500 on AS
Others: 20,000 images $1000 on SS and $700 on AS

From here I see that Adobe Stock rewards quantity more and quality less. (Please note: this is for my portfolio compared to others in my niche)

Then I see that Shutterstock loses customers and Adobe gains them and I lose positions in the ranking.

So a year ago I changed my strategy, I increased the photos and worked a little less on retouching. My images have to be "good enough". And after a few months I'm getting my first results and my ranking (and my earnings on AS) has improved by 1500 positions.

The RPD can then be used to establish how many images you have to send per month to achieve your goal.

If my goal is $3000 per month I try to produce a set number of images each month based on the RPD. Every month I check how much the RPD of the images sent was in the last year or in the last 6 months.

Maybe you see me get angry if the RPD is not what I hoped for, because I had set the goal with a higher number. And this forces me to shoot more and work harder.

And this helps me to verify if a subject I photographed is better than another, to continue photographing it again or stop photographing it.

The more accurate the data analysis, the fewer mistakes you risk making.

Sorry for any mistakes, but it's Google Translate's fault  ;)

« Reply #444 on: February 19, 2025, 19:59 »
+1
Wow check this out... SSTK share price on 19 February 2025 (today) closed at just $26.96.

This is the lowest since 15 February 2013 - 12 years ago!

See image below and check their other periods at www.google.com/search?client=firefox-b-d&q=sstk where every period is in the red.

Clearly their poor treatment of contributors has not helped Shutterstock Inc and when they turned off a lot of contributors, they just up and walked out the door... and a lot of customers walked out with them.

And here we are today with falling sales, commissions and earnings, and the terminal decline in SSTK share price.

   

   

« Reply #445 on: February 19, 2025, 22:32 »
+2
Wow check this out... SSTK share price on 19 February 2025 (today) closed at just $26.96.

This is the lowest since 15 February 2013 - 12 years ago!

See image below and check their other periods at www.google.com/search?client=firefox-b-d&q=sstk where every period is in the red.

Clearly their poor treatment of contributors has not helped Shutterstock Inc and when they turned off a lot of contributors, they just up and walked out the door... and a lot of customers walked out with them.

And here we are today with falling sales, commissions and earnings, and the terminal decline in SSTK share price.

   

 

no  support for any of that - if low payments to artists was a factor, would expect the stock to rise!  many other factors at work, none related to the small number of artists who have withdrawn -  competition, rise of aigen which SS has refused to accept, decreased demand... etc

« Reply #446 on: February 19, 2025, 22:57 »
+1
Wow check this out... SSTK share price on 19 February 2025 (today) closed at just $26.96.

This is the lowest since 15 February 2013 - 12 years ago!

See image below and check their other periods at www.google.com/search?client=firefox-b-d&q=sstk where every period is in the red.

Clearly their poor treatment of contributors has not helped Shutterstock Inc and when they turned off a lot of contributors, they just up and walked out the door... and a lot of customers walked out with them.

And here we are today with falling sales, commissions and earnings, and the terminal decline in SSTK share price.
 

no  support for any of that - if low payments to artists was a factor, would expect the stock to rise!  many other factors at work, none related to the small number of artists who have withdrawn -  competition, rise of aigen which SS has refused to accept, decreased demand... etc


I don't want your support anyway, with your rantings at fellow members discussing their microstock data (on a microstock forum at that) I have no respect for your opinions and so I generally avoid talking directly to you.

Falling sales, commissions and earnings experienced by Shutterstock contributors is a direct result of falling sales, sales prices and revenue coming into the company, all of which is the result of their poor management. It's not rocket science.

Look, I didn't even mention 'RPD' in my posts!   


« Reply #447 on: February 20, 2025, 20:47 »
+3
Clearly their poor treatment of contributors has not helped Shutterstock Inc and when they turned off a lot of contributors,

I dont see anything to suggest thats a factor.  Treatment of contributors is irrelevant, they already have a big enough library and still have plenty of existing and new contributors (mainly stolen and ai content but thats another matter).

What is hurting them are their packages, pricing and customer facing service and policies.  Lots of people are signing up, want 4 free images, get those (so contributors lose out) but then they're being stung with small print 100s of dollars cancellation fees so go elsewhere.

Their market are people signing up for a few free images with no intention of staying enrolled.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #448 on: February 21, 2025, 11:53 »
+1
@Uncle Pete

I believe that all these numbers are useful to guide strategies.

The more accurate the data analysis, the fewer mistakes you risk making.

Sorry for any mistakes, but it's Google Translate's fault  ;)

Guiding strategy is what I was talking about, that is good and knowing the market, the trends an demands.

Watching some unreliable, inconsistent, unexplained "Position" that's only relative to others downloads (maybe?) that doesn't match our actual downloads or anything else, is a waste of time. Position is relative and only compares us to, others, where we don't know what they have uploaded or what they sold. The data is just a number.

There is no accurate data to analyze.

"I believe that all these numbers are useful to guide strategies."

If you are looking at what sells, and where and for how much. Yes. The only way to see ahead.

Any errors are all mine, and I know I'm the one who made them.  ;)

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #449 on: February 21, 2025, 12:31 »
+2
Actually one striking reason the stock has fallen is pretty simple. The Merger, makes it a dead corporation. No future, no gains, no potential.

The Merger terms: Shutterstock investors will receive $28.85 per share in cash for each share they own. However, Shutterstock shareholders can elect to receive GETY stock, or a combination of cash and stock as an alternative.

I could understand if someone paid the fees for buying the stock and the cost was under $28,85 a share. Small gains, but no point, because the stock is going to be deactivated. Maybe people are dumping their SSTK shares, because they don't want Getty stock? And I didn't find the cash and stock offer.

If the value of the Getty stock plus the cash, is $26.11 which is what SSTK is listed at right now, that all makes perfect sense.

Should I buy all the SSTK I can afford at $26 and then take the $28.85 a share and pay the short term capitol gains tax? A little help on this: Short-term capital gains tax is a tax on profits from the sale of an asset held for one year or less. Short-term capital gains are taxed according to your ordinary income tax bracket: 10%, 12%, 22%, 24%, 32%, 35% or 37%.

So I buy SSTK for $26.11, 1,000 shares @ $26.11 for $26,110 plus the brokerage fees. If there's a merger, I get $28,850 for a profit of $2,740 then I pay 25% income tax, and I made $2000 profit for risking my $26,110 on the bet that the merger will go through, as planned.

That's why the stock is at $26.11 right now. Potential investment profit and loss, nothing else. Someone with $27,000 to risk, might not think that $2,000 is enough profit?


 

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