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Author Topic: Shutterstock raised image price by 20 cents. No raise for contributors?  (Read 11182 times)

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Semmick Photo

« on: April 16, 2015, 08:38 »
+17
Not claiming anything to be fact but if I compare these prices to what I still see

199 euro for 750 month = 0.27 c/i
165 euro for 350 month = 0.47 c/i

Shutterstock gave themselves a 20 cent raise per image. And nuttin' for us. So it seems.

New pricing?



Old pricing


« Reply #1 on: April 16, 2015, 08:50 »
-2
Here we have it.....the start of a new price war.........

« Reply #2 on: April 16, 2015, 08:53 »
+7
No raise for contributors?

Nope, I didn't notice any in my stats. At least not in last few (almost 8 ) years...
(getting next level is another thing).

_______
nuttin' - haha, I didn't know that, good one!  ;)
« Last Edit: April 16, 2015, 08:56 by Ariene »

shudderstok

« Reply #3 on: April 16, 2015, 09:18 »
+9
i guess they need to keep the people that matter and give them a raise - shareholders - besides, SS already knows you will accept pennies for a download so why would they give you a raise?
« Last Edit: April 16, 2015, 11:08 by shudderstok »

Semmick Photo

« Reply #4 on: April 16, 2015, 12:48 »
+6
Here we have it.....the start of a new price war.........
But the prices went up, not down.

« Reply #5 on: April 16, 2015, 15:12 »
+3
Here we have it.....the start of a new price war.........
But the prices went up, not down.

BEST VALUE
Professional
Download 350 images every month, including access to all JPEG and Vector sizes

US$ 169
per month
1 Year
Save
US$ 394

no more 750 a month plan ? That's why 25 a day went away, it would have been 12 a day. When do we get the raise.

objowl

« Reply #6 on: April 16, 2015, 15:43 »
0
I think that they are probably saving the raise until my birthday, can you wait until October.  ;D

« Reply #7 on: April 16, 2015, 16:21 »
+8
This is what I'm seeing here:

Get access to our entire collection with no daily download limits.

750 Images Per Month
1 Year $199/month
1 Month $249/month

350 Images Per Month
1 Month $169/month

Their are reducing their "risk" of a client buying all 750 images, so they figured out a way to screw us silently. On the other hand, it will be more attractive to smaller buyers - which will increase downloads but also reduce OD packs. All in all, really bad news. They are increasing their profit margin while reducing our % royalties.

« Reply #8 on: April 16, 2015, 16:39 »
+15
How was it going? "upload more so maybe sales will come..." ?

Sad, how hard it is to be fair with people who bring them money today. Artist is just a robot and his only one option seems to be "work more so maybe..."

Sorry, but it's not easy to be positive lately.
 ::) :-\ >:(

Uncle Pete

« Reply #9 on: April 16, 2015, 16:40 »
+1
Here's what I see:



Both plans are offered.



Here we have it.....the start of a new price war.........
But the prices went up, not down.


BEST VALUE
Professional
Download 350 images every month, including access to all JPEG and Vector sizes

US$ 169
per month
1 Year
Save
US$ 394

no more 750 a month plan ? That's why 25 a day went away, it would have been 12 a day. When do we get the raise.

« Reply #10 on: April 16, 2015, 18:26 »
+28
I see the same display as Uncle Pete.

With the new option, they get - assuming a buyer downloads all 350 - 48.28 cents per image and pay me 38 cents. For the first time they make a profit, guaranteed, on every sale.

With the older 750 a month plan, they run the risk of losing money (even though it clearly doesn't happen with most buyers) as they receive 33.2 cents an image on the one month deal and 26.53 cents an image on the yearly package.

At a bare minimum, they should have communicated with contributors about this up front.

And also at a bare minimum, they should increase our royalties on the 350 a month subs even if they leave them alone on other products.

They've trumpeted that they're a technology company and shown themselves good at site updates without breakage (mostly), so they shouldn't find that hard to accomplish.

Back in the day when they gave us raises, they would increase prices, wait a month or two to see how buyers behaved and then set the royalties they paid us. It'd be reasonable for them to do the same here. I can wait a month or two for them to figure buyer behavior out.

I think the risk of a buyer downloading all 350 is higher with this product than with the 750-a-month product, but I'm guessing many buyers will still leave a few on the table. The smaller the bundle and the looser the terms (i.e. having one monthly limit versus daily ones), the greater the likelihood of a buyer using up all their allotment.

But even so they can afford to pay the top tier 45 cents instead of 38 on those $169 a month packages.

Rinderart

« Reply #11 on: April 16, 2015, 20:05 »
+4
This sub Business was based entirely on Insurance co actuary Tables. If everyone that pays for health insurance got sick. that business would fail almost instantly.

ultimagina

« Reply #12 on: April 16, 2015, 21:18 »
+1
This sub Business was based entirely on Insurance co actuary Tables. If everyone that pays for health insurance got sick. that business would fail almost instantly.

Or banking, if everyone would want withdrawals the same day.
Or telecom, if everyone would want to make a phone call at the same time.
Or many other businesses
« Last Edit: April 16, 2015, 21:20 by ultimagaina »

« Reply #13 on: April 16, 2015, 23:59 »
+19
This is a really bad move from them against us contributors. Cutting our already low commission like this ain't that nice move. It cuts the downloads, but we still get the same crappy .38$. If I can't get the bills paid, then I'll go for another work and stop uploading. Is that what you want SS? Less high quality images? Wake up!

« Reply #14 on: April 17, 2015, 02:23 »
+13
This is a really bad move from them against us contributors. Cutting our already low commission like this ain't that nice move. It cuts the downloads, but we still get the same crappy .38$. If I can't get the bills paid, then I'll go for another work and stop uploading. Is that what you want SS? Less high quality images? Wake up!

I'm affraid I must worry you - they (SS) don't read this forum. I asked them many times to wake up, change their mind, etc, never got any respond. You/ we are talking to the empty wall only.

But, the nature doesn't like emptyness. If there is a hole it should be filled. It's time for some new model agency to build a really great platform for contributors. Fair pricing, respect for our work, ... The place where we could find happy clients with happy artists. I'm affraid it would have to be exclusive (something like Stocksy, but opened widely, so everyone could love it and use it).

OM

« Reply #15 on: April 17, 2015, 02:35 »
+11
Can't help correlating this change in subs packages with a reduction in downloads and, more importantly, a dearth of ODDs on which most contributors are dependent to make a decent month's payout. Will have to wait and see whether there is correlation or just coincidence. Not too optimistic though looking at April so far.

« Reply #16 on: April 17, 2015, 04:18 »
0
Maybe there is a payrise planned?


Semmick Photo

« Reply #17 on: April 17, 2015, 04:21 »
+5
Maybe there is a payrise planned?
Lets hope so. As Jo Ann mentioned, maybe in a few months.

« Reply #18 on: April 17, 2015, 04:43 »
+5
Raises at Shutterstock have been rolled out at the beginning of March. It is long past time (2008) and moral is at all time lows.

http://submit.shutterstock.com/forum/viewtopic.php?p=5591&highlight=submitter#5591

OM

« Reply #19 on: April 17, 2015, 05:18 »
+1
Maybe there is a payrise planned?
Lets hope so. As Jo Ann mentioned, maybe in a few months.

Not going to make a huge difference if dls/ODDs&SODs decrease more! Get 10% price increase but lose 30% of dls. especially in ODDs where it hurts most.

« Reply #20 on: April 17, 2015, 05:52 »
+1
Just in case, I don't see any difference in ODs. But subs drop veeery much down and SoDs hit zero this month. So only ODs stay at the same level.

« Reply #21 on: April 17, 2015, 07:28 »
+15
Can't help correlating this change in subs packages with a reduction in downloads and, more importantly, a dearth of ODDs on which most contributors are dependent to make a decent month's payout. Will have to wait and see whether there is correlation or just coincidence. Not too optimistic though looking at April so far.

Completely agree.  Far to coincidental. Severe drop in sub downloads and ZERO EL's in last 8 weeks, very few OD's. This is it folks. SS is gone to the dark side, making it next to impossible for MOST (NOT ALL) to make an sustainable income there. Remember, fewer downloads does not mean they aren't raking in the doe.

« Reply #22 on: April 17, 2015, 11:06 »
0


Back in the day when they gave us raises, they would increase prices, wait a month or two to see how buyers behaved and then set the royalties they paid us. It'd be reasonable for them to do the same here. I can wait a month or two for them to figure buyer behavior out.



Im not sure and I may be wrong but at that time, haven't they announce that we will be seeing a raise in advance and then took that time to figure out how much will that rise be ?
 

« Reply #23 on: April 17, 2015, 11:26 »
+11
There will be a raise.  For SHAREHOLDERS. Not for contributors.

To the people who thought SS would never screw contributors - Welcome to the inevitable, otherwise known as reality.

« Reply #24 on: April 17, 2015, 11:29 »
+1


Back in the day when they gave us raises, they would increase prices, wait a month or two to see how buyers behaved and then set the royalties they paid us. It'd be reasonable for them to do the same here. I can wait a month or two for them to figure buyer behavior out.



Im not sure and I may be wrong but at that time, haven't they announce that we will be seeing a raise in advance and then took that time to figure out how much will that rise be ?

I don't think they did. But however it worked, the increase was annouced two or three months after the change. I'm just keeping my fingers crossed.


 

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