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Author Topic: Shutterstock just became iStock 2.0  (Read 30518 times)

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« Reply #50 on: May 26, 2020, 11:34 »
+1
The email and forum post video tiers are different.
The email has videos the same as images. The forum post has videos being 1 stage lower than images.  Which is still bad.

I cant wait for my first 15% of a $10 4k video subscription sale in January.


Shelma1

« Reply #51 on: May 26, 2020, 11:34 »
+17
Basically theyre saying a big f*ck you to all individual contributors while rewarding image factories.

Unless we all turn off our ports this will be it...although Im not sure how much of an impact even that action will have, since theyve been purposely approving zillions of similar junk images from factories en masse while simultaneously handing out rejections to individual contributors.

I guess that was the plan, they waited until most sales went to image factories and wouldnt have a huge impact if we all quit, and the writing was on the wall.

« Reply #52 on: May 26, 2020, 11:35 »
+1
Guys I did some math and maybe it's not worth to panic so much. The % actually seems to increase I think and give some motivation for higher contribution.

The maximum % Shutterstock was paying before, was 30%. So now I can see (I am a level 4-5 for most time of the year) that my % will be 30% by  February (same as before) and 35% from May or June. But as I was protected before with a minimum 0.38c per download, now it depends on the type of client that buys my image.

But let's calculate how much the client will pay:

If it's a customer of 750/month annual billed upfront the price is ($0.22/image) - 35% of that is 0,07cents
If it's a customer of 10/month no contract, billed monthly the price is ($4.9/image) - 35% of that is 1,71cents

I think I could accept to prefer it like this. Most customers are small producers / blog writers that sometimes need only just a few images. How many customers actually would actually go for the highest tiers?

The reset is only for 100dls. My 400-500 dls per month send me very fast to level 4 and 30%. They are basically looking to kill the income of inactive contributors that are in decline but highest tier, while the clients may pay as low as $0.22/image.

If I was them, I would do the same. Do we really need to complain about it if we are active contributors?
why punish inactive contributors? the images will remain available for download, so no one is gaining by hurting inactive contributors. and they already have a gazillion images, of which 50% is utter garbish or duplicate. this new earnings structure will not fix any of that

« Reply #53 on: May 26, 2020, 11:36 »
0
This is horrible news! To go from earning .38 cents to .15 cents every January will really affect my earnings.
where did you get 15 cent from?

« Reply #54 on: May 26, 2020, 11:37 »
+8
This agency has turned in the biggest disgrace of all. Hope they fall down on their knees. Gettyimages has and is loosing customers because the content specially of footage is much better on other sites. I do hope that Adobe or Pond5 see the window that opens here and try to lure away from those 2 scavengers all contributors. They deserve to die a slow death.

« Reply #55 on: May 26, 2020, 11:38 »
+2
Email v forum post for videos

This likely explains why we have different levels.  They couldnt even be bothered to proof read one of these.


georgep7

« Reply #56 on: May 26, 2020, 11:38 »
+2
QUESTION

What is this five days notice? Can images be deleted from port after those days?

Thank you.

« Reply #57 on: May 26, 2020, 11:39 »
+12
Here is an idea... I hope Adobe is reading this. If you drop and delete all photos on SS . Adobe will give some type of extra incentive to be on Adobe and off  of SS. Not exclusive at Adobe but not to be listed on SS. That would be a big plus for Adobe and future images at Adobe.

« Reply #58 on: May 26, 2020, 11:40 »
0
Look at there share price it going up today:
https://www.marketwatch.com/investing/stock/SSTK


Why not clicking there Adwords/Advertising at Google away?
yes lets hurt them by clicking 1 cent at a time

it is more than 1 cent and we can make them invisible at Google.
What will you do?

« Reply #59 on: May 26, 2020, 11:46 »
+5
Look at there share price it going up today:
https://www.marketwatch.com/investing/stock/SSTK


Why not clicking there Adwords/Advertising at Google away?
yes lets hurt them by clicking 1 cent at a time

it is more than 1 cent and we can make them invisible at Google.
What will you do?
i dont know but i am not going to sit here for hours clicking their fuсking google ads link fuсk sake

« Reply #60 on: May 26, 2020, 11:53 »
+1
Look at there share price it going up today:
https://www.marketwatch.com/investing/stock/SSTK


Why not clicking there Adwords/Advertising at Google away?
yes lets hurt them by clicking 1 cent at a time

it is more than 1 cent and we can make them invisible at Google.
What will you do?
i dont know but i am not going to sit here for hours clicking their fuсking google ads link fuсk sake

hours? ;D If everyone of us will do this 2 times a day it will hurt them...  :-*


« Reply #61 on: May 26, 2020, 11:53 »
+4
They've confirmed the percentage is for sub sales too.

So for higher volume sub sales, people are going to get $0.03 or $0.06 per image.  Instead of potentially $0.38 now.

« Reply #62 on: May 26, 2020, 11:54 »
0
Well, I can't make any sense of this. Will everyone zero at the beginning of each year (start on 15% and have to rise up the ranks fresh)? that seems insane.

If not, why is my level on the email tied to my downloads so far since January, and not based on my total for last year, which would place me well into the next tier.

"All contributors reset to level 1 for both images and videos every year on January 1st."
As a quota for the next year, not for the current, at least that's how I understand it. That mail is really lacking...

so you get paid the level of the previous year performance, not start from level 1? if thats the case its not too bad. they do need to CLARIFY that ASAP then before someone burns down their office
Don't hope for that, it's clearly stated in the email:
All contributors reset to level 1 for both images and videos every year on January 1st.

Something in the SS forum announcement that is missing from the mail:

"On June 1, you will be placed in an Image Level and a Video Level based on your download count so far in 2020. The email you receive today will let you know which levels you are in as of this morning"

So it's back to square one every year for everyone. I was wrong to give them the benefit of the doubt.

« Reply #63 on: May 26, 2020, 11:59 »
0
What are the percentages we are earning now?  Without this information it is not possible to compare earnings.

So, does anyone know what are the current percentages?


« Reply #64 on: May 26, 2020, 12:05 »
+4
https://submit.shutterstock.com/payouts

But the main hit is the sub reduction.

Looking at a 75% reduction in income from subs.

anon20200611

« Reply #65 on: May 26, 2020, 12:09 »
+2
why punish inactive contributors? the images will remain available for download, so no one is gaining by hurting inactive contributors. and they already have a gazillion images, of which 50% is utter garbish or duplicate. this new earnings structure will not fix any of that

Because they don't care about inactive contributors. The images are already up, they don't have anything more to gain from their work, and their old photos hardly sell as good as they used to anymore and keeping them in the database only costs more money to store in the servers.

So a client that pays 0.22 for such an image and ss is obliged to pay 0.38 for it as minimum quota ... I believe you understand.

But I think it would be better if it was a rolling 12 months anyway and not mess up the whole system every January.

anon20200611

« Reply #66 on: May 26, 2020, 12:11 »
0
https://submit.shutterstock.com/payouts

But the main hit is the sub reduction.

Looking at a 75% reduction in income from subs.

What makes you think that all SS customers are in the 750 plan billed yearly paid upfront - that pays 0,07. I also buy stock and it's very usual that I buy on demand or 10 image sub that would pay 1,71 per sub on a level 5 (35%). So I think that there are many customers like this and it could be possibly an upgrade.

We will all just keep contributing and see what happens.


« Reply #67 on: May 26, 2020, 12:13 »
+2
Theyve mentioned previously that far more people are on the 350 and 700 pacakges than the lower ones.  The bulk of the images are from those tiers.

« Reply #68 on: May 26, 2020, 12:18 »
+1
Break even for video is the sale number 5310  :-\

Spreadsheet with some numbers you might be interested in

https://docs.google.com/spreadsheets/d/1I-wNMUw8ITyNtCnsjiMUYCQQ0hEdlvCBDyTtJuxEgDk/edit?usp=sharing

« Reply #69 on: May 26, 2020, 12:20 »
+2
Look at there share price it going up today:
https://www.marketwatch.com/investing/stock/SSTK


Why not clicking there Adwords/Advertising at Google away?
yes lets hurt them by clicking 1 cent at a time

it is more than 1 cent and we can make them invisible at Google.
What will you do?
i dont know but i am not going to sit here for hours clicking their fuсking google ads link fuсk sake

hours? ;D If everyone of us will do this 2 times a day it will hurt them...  :-*

The company is worth almost $1.5b. You have no idea how little impact you'd have on them. By the time you'd found and clicked an advert they'd have probably made $5-10k in sales.

Just to go into more detail. If it was possible that you could click one of their ads once per second and it cost them exactly $1 per click, doing this 24/7 - 365, it would take 31 years to reach a $1b in clicks.

« Reply #70 on: May 26, 2020, 12:24 »
0
Some girl named Katty from Shutterstock just came and said that it will not bi lower than 10 cents, not 3 or 6 cents as we assumed. What a relief.

« Reply #71 on: May 26, 2020, 12:25 »
+7
10 cents is still much less than 38 cents it is just 25%, horrible. She actually confirmed it.

« Reply #72 on: May 26, 2020, 12:26 »
0
If i look on the subscription prices page
https://www.shutterstock.com/pricing

The price of an subscription image can be (in Euro, i live in the Netherlands):
4,90 to 0,27 per image

15%
0,735 to 0,0405

The 0,04 is bad, but 0,73 is a lot more the $0,25 for a subscription
I will wait to see what's going to happen

« Reply #73 on: May 26, 2020, 12:27 »
0
Look at there share price it going up today:
https://www.marketwatch.com/investing/stock/SSTK


Why not clicking there Adwords/Advertising at Google away?
yes lets hurt them by clicking 1 cent at a time

it is more than 1 cent and we can make them invisible at Google.
What will you do?
i dont know but i am not going to sit here for hours clicking their fuсking google ads link fuсk sake

hours? ;D If everyone of us will do this 2 times a day it will hurt them...  :-*

The company is worth almost $1.5b. You have no idea how little impact you'd have on them. By the time you'd found and clicked an advert they'd have probably made $5-10k in sales.

Just to go into more detail. If it was possible that you could click one of their ads once per second and it cost them exactly $1 per click, doing this 24/7 - 365, it would take 31 years to reach a $1b in clicks.

it only works if many contributor will do...

But maybe we better should do nothing ... ;D


« Reply #74 on: May 26, 2020, 12:28 »
+4
Some girl named Katty from Shutterstock just came and said that it will not bi lower than 10 cents, not 3 or 6 cents as we assumed. What a relief.


and U believed her ???   ::)


 

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