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Author Topic: SS Announces Commission Increase for May 2008  (Read 54779 times)

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helix7

« Reply #100 on: May 06, 2008, 09:14 »
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looks like we may be waiting til the 14th :(

Can't say I'd blame them. Even if it's just a $0.05 raise, that's a 14% increase. In one day, the amount they pay out to contributors will jump by at least 14%. Why do that any sooner than you have to? Business-wise, it makes sense to put off the increase as long as possible to maximize the gains they made in raising subscription rates.



Contakt

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« Reply #101 on: May 06, 2008, 09:19 »
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looks like we may be waiting til the 14th :(

Can't say I'd blame them. Even if it's just a $0.05 raise, that's a 14% increase. In one day, the amount they pay out to contributors will jump by at least 14%. Why do that any sooner than you have to? Business-wise, it makes sense to put off the increase as long as possible to maximize the gains they made in raising subscription rates.




Helix will you ever shut up and stop putting ideas in their heads. It's hard enough to make any money in this business as it is without you giving us brain damage.  ;)

« Reply #102 on: May 06, 2008, 09:40 »
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So how many people are holding off on their uploads until the raise is announced? I hope their reviewers are ready for this :-)

« Reply #103 on: May 06, 2008, 09:46 »
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So how many people are holding off on their uploads until the raise is announced? I hope their reviewers are ready for this :-)

I don't really understand the logic in holding off uploading because surely you will loose more sales than you will gain in rise by not having your images online...especially if other people have the same idea.

« Reply #104 on: May 06, 2008, 09:54 »
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So how many people are holding off on their uploads until the raise is announced? I hope their reviewers are ready for this :-)

I don't really understand the logic in holding off uploading because surely you will loose more sales than you will gain in rise by not having your images online...especially if other people have the same idea.

On a site like SS an average image has a limited life expectancy before it eventually drops of into the database void. I would like my 'average' images to have the benefit of an extra % in sales. To me it makes sense to hold off some uploads and stagger the rest out over the next two months after the increase.

« Reply #105 on: May 06, 2008, 11:37 »
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They have always been my favorite site but the poor deal we had last year and making us wait even longer this year is begging to bug me. 

Why can't we get the raise on the day the prices go up, like the other sites do?  Waiting 5 or 6 weeks is a joke.  I know it is complicated with a subscription model but I don't see why it has to take this long.

RacePhoto

« Reply #106 on: May 06, 2008, 12:01 »
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So how many people are holding off on their uploads until the raise is announced? I hope their reviewers are ready for this :-)

I'm not. I just upload whenever I get about 30 new files saved on the computer. That way I can review, keyword, have an upload party and get it all done at once.

I suppose you are right, that some people are holding photos for after the increase. If buyers already have credits, the pictures will still sell at the old rate, so there's no advantage in waiting in that case.

So here I am keeping the thread alive with nothing new to add.  ;D

« Reply #107 on: May 06, 2008, 12:23 »
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So how many people are holding off on their uploads until the raise is announced? I hope their reviewers are ready for this :-)

I'm not. I just upload whenever I get about 30 new files saved on the computer. That way I can review, keyword, have an upload party and get it all done at once.

I suppose you are right, that some people are holding photos for after the increase. If buyers already have credits, the pictures will still sell at the old rate, so there's no advantage in waiting in that case.

So here I am keeping the thread alive with nothing new to add.  ;D


No, I'm pretty sure that all of the downloads will be whatever the increased rate is. None of that old/new rate stuff. At least that was the case last year.

RacePhoto

« Reply #108 on: May 06, 2008, 14:05 »
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No, I'm pretty sure that all of the downloads will be whatever the increased rate is. None of that old/new rate stuff. At least that was the case last year.

Then they would need to wait some time after any subscription/buyer increase, to balance out the increase that we would get as a result. Otherwise they are spending that percentage of their income without getting any return.

Using the hypothetical 14% increase, that would be a pretty big hit for the company and investors to take as they waited for the new subscription funds to start coming in.

I hope I'm making sense?

As far as the old credits and new credits with different values, not dealing with that sure makes the programming easier.  :D

CofkoCof

« Reply #109 on: May 06, 2008, 14:21 »
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No, I'm pretty sure that all of the downloads will be whatever the increased rate is. None of that old/new rate stuff. At least that was the case last year.

Then they would need to wait some time after any subscription/buyer increase, to balance out the increase that we would get as a result. Otherwise they are spending that percentage of their income without getting any return.

Using the hypothetical 14% increase, that would be a pretty big hit for the company and investors to take as they waited for the new subscription funds to start coming in.

I hope I'm making sense?

As far as the old credits and new credits with different values, not dealing with that sure makes the programming easier.  :D

They inreased the prices for the buyers already and that's why they are holding off the raise for contributors as long as they can.

lisafx

« Reply #110 on: May 06, 2008, 16:55 »
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Am I the only one who thinks they are holding out to see how badly istock's new subscription plan hits them? 

That is the only reason I can see for dragging their feet like this....

vonkara

« Reply #111 on: May 06, 2008, 17:06 »
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Am I the only one who thinks they are holding out to see how badly istock's new subscription plan hits them? 

That is the only reason I can see for dragging their feet like this....
I don't remember exactly but I think that the SS announcement is for beginning of April while the IS subs is for the end of April. I don't think they are standing there for the IS subs, but it have been a good idea to wait

« Reply #112 on: May 06, 2008, 17:08 »
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.

« Reply #113 on: May 06, 2008, 17:21 »
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Am I the only one who thinks they are holding out to see how badly istock's new subscription plan hits them? 

That is the only reason I can see for dragging their feet like this....

Could well be a factor, although I wouldn't think that the effect would be all that fast. I think they wanted to make an announcement early just to keep people interested, and will probably drag it out until the 2nd week of May...

« Reply #114 on: May 06, 2008, 21:00 »
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Am I the only one who thinks they are holding out to see how badly istock's new subscription plan hits them? 

That is the only reason I can see for dragging their feet like this....

I think the same.

helix7

« Reply #115 on: May 06, 2008, 21:24 »
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Helix will you ever shut up and stop putting ideas in their heads. It's hard enough to make any money in this business as it is without you giving us brain damage.  ;)

Sorry... I'll try not to encourage them. :)



« Reply #116 on: May 06, 2008, 21:43 »
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Am I the only one who thinks they are holding out to see how badly istock's new subscription plan hits them? 

That is the only reason I can see for dragging their feet like this....

I think the same.

If that were the case then we will be waiting a lot longer than the 2nd week of May. So unless they want to piss off all their contributors with a delay then I think that has pretty much no chance of happening.


« Reply #117 on: May 06, 2008, 22:13 »
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.

Interesting point of view!  ;D

« Reply #118 on: May 13, 2008, 01:01 »
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sorry to disappoint - no i don't think the commission increase has been announced yet... just thought i would say..

hurray today is the day!  Looking forward to when they make the announcement.
« Last Edit: May 13, 2008, 01:09 by leaf »

« Reply #119 on: May 13, 2008, 01:50 »
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I feel quite disappointed with shutterstock with the way they have handled the pay rise situation. I don't understand why they gave us a two week window of when they might increase our money then leave it to nearly the last day. surely it would have been better to have just said it will be on the 13th and put us all of of our misery. I hope it will be worth the wait....I woke up this morning excitably turned on the computer and was greated with the usual .30  :(

grp_photo

« Reply #120 on: May 13, 2008, 01:58 »
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Yeeeeeeeeeeeeees!!!!!!!!!!  75 Cent much more than i expected ;D

« Reply #121 on: May 13, 2008, 02:11 »
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75 cents???!!!  Really??? :D OMG! Wooohoooo! Great! SS I love you!!

« Reply #122 on: May 13, 2008, 02:12 »
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Yeeeeeeeeeeeeees!!!!!!!!!!  75 Cent much more than i expected ;D

you are joking right?

« Reply #123 on: May 13, 2008, 02:14 »
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 ??? ???
You know something more than we do?

« Reply #124 on: May 13, 2008, 02:16 »
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??? ???
You know something more than we do?

I just can't believe it... is this raise from .25 or .30?


 

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