Author Topic: new entrant: stockafe (Read 12252 times)

Symbiostock Official · « **Reply #25 on:** December 18, 2015, 03:47 »

Can you provide a permanent 80% cut to contributors (which is certainly fair given that contributors are the sole creators of nearly all of your equity) and still provide a convincing argument that you can get sales?

In my opinion, the idea that you are providing us a break by giving us more than half of the revenue on media that we have created is, in and of itself, the wrong mentality.

So perhaps if you explain to us why we should pay affiliates (and you are an affiliate) an astounding 50% or more for finding us customers, we would more realistically be able to sympathize with your cause.

Microstockphoto · « **Reply #26 on:** December 18, 2015, 04:05 »

robin you turned symbiostock into an agency, which betrays the heart and soul of the symbiostock project, you should be very quiet

Bruce Weber · « **Reply #27 on:** December 19, 2015, 15:53 »

Thanks everyone for your comments!

LesPalenik · « **Reply #28 on:** December 19, 2015, 19:08 »

Quote

Question for you - If we offered 60% or 70% plus royalties to contributors on a limited number of files (100-500) for a year or two, would that be enough to get you to "bother"?

The idea is naive, ridiculous, exploitative, insulting and in the long term - plain suicidal.
60-70% royalty sound fine, but not if it is limited to a year or two and only so many files. For the agency, it takes a year or two to get a traction and sell anything. For the contributor, it means selling maybe a handful of images in the first couple of years before the royalty rolls down to 30% or less, so there won't be any incentive to keep uploading new images.

You really have to think with a longer horizon than a year or two, and instead of grabbing an easy profit from the contributors come up with some innovative way to lower the operational costs and at the same time maximize the visibility and reach of the agency. Definitely not renting the office space at the most expensive tower in the town.

sgoodwin4813 · « **Reply #29 on:** December 19, 2015, 19:41 »

I think most people would consider 50% reasonable, and we know it can be done because several agencies are doing it, e.g., pond5, Alamy, featurepics. Some new agencies have paid less and still attracted contributors, but they had sales. i'm thinking Canva here - they pay 35% but concentrated on generating customers first. Many contributors will submit a few hundred images to see what will happen, but will stop if there are no sales. A good explanation of what makes you unique for customers and how you plan to attract them would help.

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Author Topic: new entrant: stockafe (Read 12252 times)

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