Author Topic: Prices reduced...... (Read 17095 times)

Freezingpictures · « **Reply #50 on:** February 25, 2008, 04:22 »

I dunno if the price increase has reduced the earnings so much. There are many diamonds who say there earnings increased. However my earnings declined by a double digit percentage.
It never declined before in the last 6-8 month or so only increased considerabely until December.
But in my case I do not think it is the higher price but it is the best match system introduced in the end of last year. This best match system only allows for a silver non- exclusive contributer like me to have 4 images in the top 100 of any search. The problem in my case is that I am a specialiste and have a niche where I am good at. So Only my 4 currently most popular by best match images show up on the first page, when you search for that particulat niche. The rest are forced back, no matter how good they are to a place beyond the first hundred.
For a generalist this is of course a good thing..
For the buyer a bad thing I suppose.

lisafx · « **Reply #51 on:** February 26, 2008, 18:50 »

As I understand it all non-exclusives are limited to 4 in the top 100 of best match regardless of cannister.

As for the sale, my royalties were up significantly on Monday after being fairly flat. Too soon to tell if the sale had a role in the increase. Hopefully it did.

Tim Markley · « **Reply #52 on:** February 26, 2008, 21:19 »

I agree my sales have jumped considerably since the sale. I hope it continues.

vphoto · « **Reply #53 on:** February 26, 2008, 21:38 »

I have a record (for me) of 5 sales today.

Adeptris · « **Reply #54 on:** February 27, 2008, 02:45 »

Quote from: Lizard on February 22, 2008, 20:45

That sucks for many reasons

But lets compare that to any other business. Any huge store that wants to discount a product has to do that paying their share of the cut. What does a milk producer care about a store discount ? He has his price and as he is concerned they can give his milk for free after they pay him his share.

Not quite right a lot of store promotions are normally at the cost of the vendor, if the store pays 60 for an Item that normally sells at 99, they do not pay the same in the 20% off sale, the vendor reduces the cost.

The milk Vendors contract will be so tight that they have no choice but to supply at the lower cost, and on a sale or return basis, if the want to supply the store, this de-risks the store for losses.

It will be written into the Istock agreement somewhere that Istock set the sales price and you get the percentage of that, and that they have the right to move the price point either way.

These are the rules of business and contributors are blinded by the "Member of the Community" on Istock that they forget that they are the vendor and Istock is a merchant / agent that protects its margin, often at the cost of the Vendor.

Stock is a fantastic business model, vendors supply the goods at no cost, you then dictate the sales price, you set and protect your margin and the amount you return to the vendor, based on the number of units sold.

Yippie I want to be a stock merchant!

Lizard · « **Reply #55 on:** February 27, 2008, 04:59 »

Quote from: Adeptris on February 27, 2008, 02:45

Quote from: Lizard on February 22, 2008, 20:45
That sucks for many reasons

But lets compare that to any other business. Any huge store that wants to discount a product has to do that paying their share of the cut. What does a milk producer care about a store discount ? He has his price and as he is concerned they can give his milk for free after they pay him his share.

Not quite right a lot of store promotions are normally at the cost of the vendor, if the store pays 60 for an Item that normally sells at 99, they do not pay the same in the 20% off sale, the vendor reduces the cost.

The milk Vendors contract will be so tight that they have no choice but to supply at the lower cost, and on a sale or return basis, if the want to supply the store, this de-risks the store for losses.

It will be written into the Istock agreement somewhere that Istock set the sales price and you get the percentage of that, and that they have the right to move the price point either way.

These are the rules of business and contributors are blinded by the "Member of the Community" on Istock that they forget that they are the vendor and Istock is a merchant / agent that protects its margin, often at the cost of the Vendor.

Stock is a fantastic business model, vendors supply the goods at no cost, you then dictate the sales price, you set and protect your margin and the amount you return to the vendor, based on the number of units sold.

Yippie I want to be a stock merchant!

You are wrong , you are talking about promotional price not a discount , thats a supplier good will and his business decision to promote his brand of milk products , and has nothing to do with a store discount. He could be promoting his product in many stores where he sells his milk , at the same time , and the primarily goal is promoting his milk brand , not the name of the store that sells his milk. Its his decision and so it is payed from his part of the cut. The store cant force someone to promote his product.

Then I never said that istock has no legal rights to do what they are doing ,I only said that I don't feel thats fair to contributors , and as I saw on the istock forum, lots of contributors feel that way.

leaf · « **Reply #56 on:** February 27, 2008, 05:06 »

It is like when other stock sites give away credits as a promotion (lucky oliver for example). When those credits are used, they are still paid to the photographer the same way - we don't notice when LO, or shutterstock, or crestock have a 'sale' or magazine special offer, because we get paid the same amount.

Which is why when istock has this sale, people are upset that the photographers are also forced to give a sale on their image prices.

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Author Topic: Prices reduced...... (Read 17095 times)

Freezingpictures

lisafx

Tim Markley

vphoto

Adeptris

Lizard

leaf

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