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Author Topic: Storyblocks - any signs of life?  (Read 5302 times)

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« Reply #25 on: May 16, 2019, 04:09 »
0
All the sales are gone to Member library, where clients can have unlimited downloads for 16.6$ per month...

Why pay 79$ for HD, where you can have unlimited 4K for 16$.


SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #26 on: May 16, 2019, 06:02 »
0
It was less than $10 a month before the marketplace came along, but there were still plenty of people willing to pay $49 for a HD clip. Those days are gone unfortunately.

« Reply #27 on: May 16, 2019, 18:11 »
+2
Spacestockfooage...before the marketplace came along their library wasn't big like it's today..like i said in the other post they bought a ton of footage from you and other artist willing to sell their stuff for peanuts...so you got some money in the short time but you lost any chance to sell anything in the future..subscrption plans will have the same impact...

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #28 on: May 17, 2019, 04:55 »
0
I 'did the math' and sold specific clips at a price that would have taken 10 years to recoup if they'd remained on the marketplace...based on the average annual revenue from those clips. Since the changes made in September, it would have been more like 40 years. So essentially, my decision resulted in more money than I ever would have got if I hadn't have sold them. 

« Reply #29 on: May 17, 2019, 05:19 »
0
I had any sale with 3000 photos-vectors .. buyers are unexistant

« Reply #30 on: May 17, 2019, 05:50 »
+5
Spacestock...you forgot to mention that doing that you said goodbye to all your sales not only the clips you sold to them...so the math doesn't match...

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #31 on: May 17, 2019, 06:32 »
0
Would have happened anyway with the price increase and the default sorting for marketplace items. If things had stayed the same then it's unlikely my poorest items being available for free, would make people use those rather than buying my best items. I mean, there was no impact to my sales for the year after I sold them... only when the changes came about in September.   

« Reply #32 on: May 17, 2019, 09:55 »
0
... @SpaceStockFootage, so until September changes you were happy with a deal...?

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #33 on: May 17, 2019, 10:38 »
+1
Happy with getting 100% commission, average earnings of just under $300 a month from a pretty new agency that was easy enough to upload all my existing stuff to, and a $1000 payment for 50 of my clips that had average earnings of around $2.50 a year?* Yeah, I was pretty happy with that deal.

*The 50 clips I let them have were my 50 lowest sellers, and only had about six sales in the previous two years combined. 

« Reply #34 on: May 17, 2019, 11:03 »
+2
Happy with getting 100% commission, average earnings of just under $300 a month from a pretty new agency that was easy enough to upload all my existing stuff to, and a $1000 payment for 50 of my clips that had average earnings of around $2.50 a year?* Yeah, I was pretty happy with that deal.

*The 50 clips I let them have were my 50 lowest sellers, and only had about six sales in the previous two years combined.

...buuuuut if those clips would have been invited to the revenue sharing part of the membership library it is likely that they would have earned much more per year than that single payout. At least based on other sub libraries. ;)

Anyway, we all do what we believe is the right thing at any given moment. If it's the right decision for that moment (we need money now, don't expect much for the future from that site, etc. etc., any other reason) it is the right decision, since we cannot predict the future.

I said no since some of the clips they wanted have earned $2,000 elsewhere, it didn't seem logical to give them full rights for $20...

« Reply #35 on: May 17, 2019, 11:32 »
0
Happy with getting 100% commission, average earnings of just under $300 a month from a pretty new agency that was easy enough to upload all my existing stuff to, and a $1000 payment for 50 of my clips that had average earnings of around $2.50 a year?* Yeah, I was pretty happy with that deal.

*The 50 clips I let them have were my 50 lowest sellers, and only had about six sales in the previous two years combined.
$1000 or $10000...?


« Reply #36 on: May 17, 2019, 11:36 »
0
Happy with getting 100% commission, average earnings of just under $300 a month from a pretty new agency that was easy enough to upload all my existing stuff to, and a $1000 payment for 50 of my clips that had average earnings of around $2.50 a year?* Yeah, I was pretty happy with that deal.

*The 50 clips I let them have were my 50 lowest sellers, and only had about six sales in the previous two years combined.

...buuuuut if those clips would have been invited to the revenue sharing part of the membership library it is likely that they would have earned much more per year than that single payout. At least based on other sub libraries. ;)


Anyway, we all do what we believe is the right thing at any given moment. If it's the right decision for that moment (we need money now, don't expect much for the future from that site, etc. etc., any other reason) it is the right decision, since we cannot predict the future.

I said no since some of the clips they wanted have earned $2,000 elsewhere, it didn't seem logical to give them full rights for $20...

... not at SB, for sure...

« Reply #37 on: May 17, 2019, 11:45 »
0
Happy with getting 100% commission, average earnings of just under $300 a month from a pretty new agency that was easy enough to upload all my existing stuff to, and a $1000 payment for 50 of my clips that had average earnings of around $2.50 a year?* Yeah, I was pretty happy with that deal.

*The 50 clips I let them have were my 50 lowest sellers, and only had about six sales in the previous two years combined.

...buuuuut if those clips would have been invited to the revenue sharing part of the membership library it is likely that they would have earned much more per year than that single payout. At least based on other sub libraries. ;)


Anyway, we all do what we believe is the right thing at any given moment. If it's the right decision for that moment (we need money now, don't expect much for the future from that site, etc. etc., any other reason) it is the right decision, since we cannot predict the future.

I said no since some of the clips they wanted have earned $2,000 elsewhere, it didn't seem logical to give them full rights for $20...

... not at SB, for sure...

Do you have data from that program?

« Reply #38 on: May 17, 2019, 11:51 »
0
... they invited as much participants as they could, expanded their membership lib. nicely... but pool was to tiny... great business... :)

« Reply #39 on: May 17, 2019, 11:57 »
0
... they invited as much participants as they could, expanded their membership lib. nicely... but pool was to tiny... great business... :)

Yes, but do you have any actual data? Average earnings per clip per month from a real portfolio? It would be really interesting to compare to some other sites. You can PM if you want.

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #40 on: May 17, 2019, 13:35 »
0
All my other clips were invited to the new revenue sharing part of the library!

« Reply #41 on: May 17, 2019, 13:55 »
0
All my other clips were invited to the new revenue sharing part of the library!

I see, and you can confirm earnings are a fraction of the sub competition?

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #42 on: May 17, 2019, 15:08 »
0
It's not started yet. Well unless you were in the trail which I wasn't.

« Reply #43 on: May 17, 2019, 18:03 »
+2
Remember in the early time Videoblock with 100% commission the return is high and then by time more and more contributors joining in, $ return starting to decline.

I think same thing will happen with Member Library (revenue pool system). Last year around October they invited the first batch of contributor in the program and these 1st batch enjoying decent return, last month Storyblock started the second batch of inviting more contributor into the program.

Guess what... one of the contributor in the Member Library told me the $ return now goes down by half of what it used to be.

I'm certain people will pull out their port eventually, the concept are not sustainable.

« Reply #44 on: May 18, 2019, 01:00 »
0
... with those returns, I don`t know who will stay longer then they must... simply, revenue pool is extremely low and with included number of clips, they are making joke of whole program... they are counting on replacements, after someone leaves MS program... by luring others to participate... but it`s not endless game... for those who thinking to participate... don`t bother...

« Reply #45 on: May 18, 2019, 04:57 »
0
Open_, you are right with.

It is about 60% of the first two months and going down fast. In 2-3 months $ return from Memeber library will be about the same as in Marketplace before.

Not worth offering unlimited downloads for that price:

« Last Edit: May 18, 2019, 05:00 by Stephan »

« Reply #46 on: May 18, 2019, 05:03 »
0
Open_, you are right with.

It is about 60% of the first two months and going down fast. In 2-3 months $ return from Memeber library will be about the same as in Marketplace before.

What are we talking about here, $1/clip/month? $0.1/clip/month? $0.01/clip/month?

No one else seems to have actual numbers, just "bad", which is quite subjective.

$1,000 for 1,000 clips per month would be quite good, even if it was $2,000 before, and $20 for 1,000 clips would be quite bad, even if it was $10 before...

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #47 on: May 18, 2019, 05:44 »
0
...simply, revenue pool is extremely low

How much is in the revenue pool?

« Reply #48 on: May 18, 2019, 05:45 »
0
You can't see number of DLs in Member library to calculate your earning for $/clip

With the new Dashboard revenue pool is not visible.







« Reply #49 on: May 18, 2019, 05:56 »
0
You can't see number of DLs in Member library to calculate your earning for $/clip

With the new Dashboard revenue pool is not visible.

You know how much you get paid each month, right?

You know how many clips you have in total?

What you get paid / how many clips you have = earnings per clip. The average for ALL clips is what is interesting. This number is available to everyone. You don't need to see number of DLs.

If you have 1,000 clips in the collection, and you get $500, your earnings per clip/month is $0.50. That's it. It doesn't matter if some clips didn't sell at all.
« Last Edit: May 18, 2019, 05:59 by increasingdifficulty »


 

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