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Author Topic: Shutterstock is an embarassment  (Read 64796 times)

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« Reply #375 on: September 24, 2024, 08:06 »
+1
Shutterstock continues to be my best seller.

So far this year, I've sold 3.5 times more images on SS than on AS and made 3.25 times more revenue.

That said, I've stopped uploading to AS because approval takes months and is extremely inconsistent. 99% of my uploads to SS are approved in less than 48 hours.


« Reply #376 on: September 24, 2024, 08:30 »
+1
Shutterstock continues to be my best seller.

So far this year, I've sold 3.5 times more images on SS than on AS and made 3.25 times more revenue.

That said, I've stopped uploading to AS because approval takes months and is extremely inconsistent. 99% of my uploads to SS are approved in less than 48 hours.

I feel the same, keep up the good work.

« Reply #377 on: October 30, 2024, 19:43 »
+5
Shutterstock became very worst for me, Adobe stock is working well for me.
All of sudden sales and earnings on Shutterstock dropped this year, 40-60% earnings down.

After the earnings down...

Like some people said before, Shutterstock kept those earnings within limits. Not earning more than some limit.

If I earn near to that limit within first 20 days of a month, then Get very low earnings for next to days to not cross more than that limit.

If I earn very less than that limit in first 20-25 days. Then that last few days I am getting some good sales. But that don't cross the limit.

Anyone feeling or experiencing the same?

Till last year, I earned more in Shutterstock than Adobe stock every month.

This year, completely opposite. Adobe stock earnings more than Shutterstock earnings every month.
« Last Edit: October 31, 2024, 06:21 by Ambu »

« Reply #378 on: October 31, 2024, 07:32 »
+4
For video it's just awful and continues to decline.

I continue to upload some decent stuff, but revenue always stays within a certain bracket which I can never seem to break out of.

It's almost as if there's a throttle and when I get one decent sale the algorithm says 'right, that's all you're getting for the month' and the tap turns off.

I personally think someone's really f*ckn around with the search results and contributor exposure.

Very discouraging.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #379 on: October 31, 2024, 14:27 »
+2
Shutterstock became very worst for me, Adobe stock is working well for me.
All of sudden sales and earnings on Shutterstock dropped this year, 40-60% earnings down.

After the earnings down...

Like some people said before, Shutterstock kept those earnings within limits. Not earning more than some limit.


I only wish they would do that for me. Feb/March are triple what Jan and other months are. June way up, July and August dropped down. There's nothing even or limited.
 

zeljkok

  • Non Linear Existence
« Reply #380 on: October 31, 2024, 19:58 »
+2
For me SS has outperformed AS several months this year, incl. October  despite FireFly bonus and Extended License on AS.

Dismissing SS is premature IMHO.  But to each their own.


« Reply #381 on: October 31, 2024, 21:02 »
0
Shutterstock became very worst for me, Adobe stock is working well for me.
All of sudden sales and earnings on Shutterstock dropped this year, 40-60% earnings down.

After the earnings down...

Like some people said before, Shutterstock kept those earnings within limits. Not earning more than some limit.


I only wish they would do that for me. Feb/March are triple what Jan and other months are. June way up, July and August dropped down. There's nothing even or limited.

I said that's happening to me after decreasing earnings by 40-50%

Are you happy if your earnings decreased by 50% from what you earnings now, and then they keep those earnings in that 50% limit?

« Reply #382 on: November 01, 2024, 03:38 »
0
I interviewed Doug Jensen, veteran stock footage contributor, with a portfolio of 9,187.

Question: In terms of sales volumes and revenue, have you experienced a decrease in the past two years since our last interview?

Answer: "If you define sales volume as being the total number of clips that are sold, then that number has remained fairly consistent since we last spoke.  Unfortunately, my revenue, which is ultimately the metric that matters most, has dropped by more than 50% during that same time period.  I attribute this to two things:   First, Shutterstock made a lot of changes to their commission structure that have hurt contributors.  And second, Shutterstock is really pushing customers towards a subscription-based sales model which results in overall lower pricing per clip   thus lower revenue for the contributors who created those clips.

Heres how I see it:  If a customer pays an agency $50, does it really matter to the agency whether that $50 covers a single download or a hundred downloads?  $50 is $50 of income to the agency no matter how you slice it.  But the agency didnt put any effort whatsoever into shooting, editing, uploading, or creating the metadata, so they dont really care whether that $50 covers one download or a hundred downloads.  Its still $50 of income (minus the commission) to their bottom line.   But to the average contributor, it is devastating because we only get a very small slice of that $50 if the customer is downloading multiple files.  The way the subscription model works, the more clips a customer downloads, the less money any individual contributor will get for their slice of the pie.  The bottom line is that when you have agencies that are offering customers unlimited 4K and HD downloads for as little as $50 per month, who do you think loses?  The contributor."

Link to full interview:

https://brutallyhonestmicrostock.com/2023/06/28/interview-with-doug-jensen-stock-footage-expert-fresh-insight-after-2-years/


"That dude used to attack me when I criticized Shutterstock on Shutterstock's contributor forum.  Now he's suffering the same fate as everybody else huh."...  I had completely forgotten about Shutterstock's forum.  That certainly went away fast after they lowered our commissions.

« Reply #383 on: November 01, 2024, 09:47 »
0
For me SS has outperformed AS several months this year, incl. October  despite FireFly bonus and Extended License on AS.

Dismissing SS is premature IMHO.  But to each their own.

i'm seeing this too.  for months (maybe a year) adobe was about 5x shutterstock but starting around may ss starting catching up.  oct is the first month where ss beat as (by about 50%).  i, like many others, was prepared to dismiss them after months of minuscule sales but now that they are competitive i think you're right.

« Reply #384 on: November 01, 2024, 10:57 »
+2
For me SS has outperformed AS several months this year, incl. October  despite FireFly bonus and Extended License on AS.

Dismissing SS is premature IMHO.  But to each their own.

i'm seeing this too.  for months (maybe a year) adobe was about 5x shutterstock but starting around may ss starting catching up.  oct is the first month where ss beat as (by about 50%).  i, like many others, was prepared to dismiss them after months of minuscule sales but now that they are competitive i think you're right.
10 years ago the SS paid a minimum $35us per HD sale. I guess today's generation of contributors are far more happy with sales versus income. :'(

« Reply #385 on: November 02, 2024, 11:15 »
+1
I think SS changed the search algorithm for pictures/videos again from 1st of November, I was checking a lot in the last months where my files where located in the pages and for the last 3-4 months they prioritize the new files which jumped my sales a lot, over 100 assets on daily basis, now I see they went back to the most downloaded assets back on the front pages, I already see an impact, curios if anybody else saw any impact in volume of sales for the 1st of November compared with the last months.

« Reply #386 on: November 03, 2024, 09:40 »
+1
I think SS changed the search algorithm for pictures/videos again from 1st of November, I was checking a lot in the last months where my files where located in the pages and for the last 3-4 months they prioritize the new files which jumped my sales a lot, over 100 assets on daily basis, now I see they went back to the most downloaded assets back on the front pages, I already see an impact, curios if anybody else saw any impact in volume of sales for the 1st of November compared with the last months.

I probably don't have your volume of sales but, from what I can see, November sales, so far, are the usual mix of old and new material. Overall, I've increased my portfolio by 21% this year (32% last year) and sales are on track to be up around 25%-30% for 2024. Revenue is already up 33% over 2023.

« Reply #387 on: November 04, 2024, 09:53 »
0
For me SS has outperformed AS several months this year, incl. October  despite FireFly bonus and Extended License on AS.

Dismissing SS is premature IMHO.  But to each their own.

i'm seeing this too.  for months (maybe a year) adobe was about 5x shutterstock but starting around may ss starting catching up.  oct is the first month where ss beat as (by about 50%).  i, like many others, was prepared to dismiss them after months of minuscule sales but now that they are competitive i think you're right.
10 years ago the SS paid a minimum $35us per HD sale. I guess today's generation of contributors are far more happy with sales versus income. :'(

having trouble understanding your point but i am happy that SS is paying me more this month than all the months that came before.  i haven't found a way to go back to 10 years ago yet but let me know if you have a good strategy.

zeljkok

  • Non Linear Existence
« Reply #388 on: November 04, 2024, 14:06 »
+2
Their point was probably that today' contributors are just glad to get a sale, regardless of actual $ amount. 

But decline is not pertinent only to SS.  In old days $$$ sales on places like Alamy were common, even occasional 4 figure sale.  This is just general fall of the industry as a whole, because of content saturation and now AI generative engines trying to stamp final nail in the artist coffin.   SS is just one player.

« Reply #389 on: November 04, 2024, 19:09 »
+3
at the end of the day everyone has to decide for themselves if they want to continue contributing to microstock agencies at the current rates of pay.  i know it was better before but there doesn't seem to be a convenient way to go back to that time.  most of us on the forum in 2024 are here because we are still contributing despite the lower pay.  a few folks here and other places have recently recognized that SS has been earning more, much more than when this thread started.  in my option it is becoming relevant again, by today's standards, even if it will never earn what it did in 2016 ever again. 

OM

« Reply #390 on: Today at 11:26 »
0
After SS cut the contributor rates, I never submitted again. I started at SS in 2012 and with less than 1,000 photos and no video I was making a consistent $200-$300/month from 2014 until 2019. After the executive bandits arrived (2020 and left 2022?) sales dropped below $100/month and now I don't even reach payout (<$25) some months. Hasn't cost me any effort at all since I stopped submitting, so anything my now 'vintage' archive brings is free money.

I forget the name of the CEO (or whatever title he had) who ushered in the crushing of contributor earnings but he must have made out like a bandit with all his stock options.....and within a couple of years he was gone...greener pastures on the horizon and thanks for all the folding greenery in my pocket!


 

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