Author Topic: AllYouCanStock Closing (Read 8907 times)

Phillip Minnis · « **on:** January 21, 2013, 16:56 »

I just received the following message:

It is with regret that we have to announce the closing of allyoucanstock.com due to insufficient sales numbers. Thank you for your continues trust and support!

All outstanding balances will be transfered to the appropriate paypal accounts within 30 calendar days. All transaction fees will be payed by allyoucanstock. In case of paypal account issues we will get in contact directly to work out a solution of the payment transfer.

All images will be permanently deleted immediately from all allyoucanstock storages.
All contact details will be removed after all outstanding balances are transfered but no later than 30 calendar days.

All technical and sales logs will be permanently deleted within 365 calendar days.

CD123 · « **Reply #1 on:** January 21, 2013, 17:00 »

That was unfortunately very much expected.

noodle · « **Reply #2 on:** January 21, 2013, 17:09 »

they had vitually zero sales - surprized they lasted this long.
these days you need deep pockets and good connections with big buyers to make it

jm · « **Reply #3 on:** January 21, 2013, 17:13 »

What a difference - I'm still waiting for similar message from SuperHug.

BTW - wouldn't it be nice name for one of awards categories - worst agency of the year > "Superhug of the Year"

ruxpriencdiam · « **Reply #4 on:** January 21, 2013, 17:16 »

Same here.

Poncke · « **Reply #5 on:** January 21, 2013, 17:18 »

sharpshot · « **Reply #6 on:** January 21, 2013, 17:50 »

I sold one almost as soon as I started uploading there, then nothing. Looking at all those sites that fail to register an earnings rating in the poll here, I think we could see lots more closing this year.

tab62 · « **Reply #7 on:** January 21, 2013, 20:26 »

I suspect that maybe the owner was buying a photo upfront to the new contributors so that they would upload more pics/images- business strategy...

fritz · « **Reply #8 on:** January 21, 2013, 20:31 »

Quote from: tab62 on January 21, 2013, 20:26

I suspect that maybe the owner was buying a photo upfront to the new contributors so that they would upload more pics/images- business strategy...

I had the same feeling, what a stupid business strategy

tab62 · « **Reply #9 on:** January 21, 2013, 21:14 »

Not really too stupid- That little $5 appetizer probably lured a lot of folks to upload a large percentage of their portfolio thus they gain a decent size library in a short amount of time. The starter fee could be taxed off as a building fee say around 50 to 100k USD. Just the cause of doing business. Remember, you have to have a good size library to bring in the buyers...

luissantos84 · « **Reply #10 on:** January 21, 2013, 21:17 »

not even dropping the awesome 75% royalties for contributors would work out for them

we can reach a simple conclusion on this one too, when agencies cut on us its not only because they are a little greedy but also because buyers are leaving... the more they cut the less buyers they have

KimsCreativeHub · « **Reply #11 on:** August 27, 2013, 08:37 »

Superhug was super bad, leaving w/o any notification, poof!

that was a respectable letter they wrote shows respect for contributors.

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Author Topic: AllYouCanStock Closing (Read 8907 times)

Phillip Minnis

CD123

noodle

jm

ruxpriencdiam

Poncke

sharpshot

tab62

fritz

tab62

luissantos84

KimsCreativeHub

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