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Displaying 1 to 10 of 10 matches.
Rebekkah_ann
Member is a Bronze contributor and has 250 - 2,499 Photo downloadsMember is a Gold contributor and has 10,000 - 24,999 Illustration downloadsExclusiveExclusive iStockphoto Illustrator
Posted Tue Aug 28, 2012 12:26PM
I have been with istock for a long time, and in the beginning, I loved it, it was affordable for everyone and tons of people bought my illustrations.  Now my numbers are at an all time low becasue istock charges 15 credits for most of my illustrations.  No one wants to pay 15 credits for say, one turkey, or one easter bunny.  This is ridiculus, no matter how good it is, it's not worth it to them.  I am a professional illustrator as well as a designer, and I myslef, would not pay 15 credits for one of my turkeys.  Does anyone else feel the same way??  
sjlocke
Member is a Black Diamond contributor and has more than 200,000 Photo downloadsMember is a Gold contributor and has 5,000 - 12,499 Video downloadsMember is a Bronze contributor and has 125 - 1,249 Audio downloadsMember is a Silver contributor and has 2,500 - 9,999 Illustration downloadsExclusiveExclusive iStockphoto IllustratorExclusive iStockphoto Videographer
Posted Tue Aug 28, 2012 12:41PM
kelvinjay
Member is a Gold contributor and has 10,000 - 24,999 Photo downloadsMember is a contributor and has less than 250 Illustration downloadsExclusiveForum Moderator
Posted Tue Aug 28, 2012 2:06PM
mikemcd
Member is a Diamond contributor and has 25,000 - 199,999 Illustration downloads
Posted Tue Aug 28, 2012 5:20PM
istock seems to be pricing things out of a segment of the market and possibly into other segments. They are definitely out of the low-price high-volume market. When I used to buy images here, sometimes I'd buy a small size image just to be able to put it into a comp for a client to see without the watermark, but that was when a small image cost 1 credit and credits still cost close to a dollar. It's a different story today. Credits only cost close to a dollar if you're buying 1000+, so that 15 credit image is more likely going for around $23.

I guess the strategy is to strive for lower sales volume but higher prices to compensate. But from where I'm standing, it's not working. My earnings here are less than 1/10th of what they once were.

The glimmer of hope for me is the new inclusion of text-based vector images, which opens things up for me and could potentially mean increased earnings now that I can get most of my 2012 work onto istock. But even with that, it's hard to imagine things ever returning to the way they once were.

I agree with you, Rebekkah. I don't think that pricing at istock is in line with what the market will bear. I just don't see how it's possible. However, if istock were making less money as a company today then they were a few years ago, I think we'd see some massive changes taking place to correct that. Sometimes it's hard for me to believe that the company is doing well despite what my personal numbers reflect, but realistically it's even harder to imagine a company as big as istock (being owned by a company as big as Getty) sitting around and not doing anything while the ship sinks.

I'd love to see prices here go back to 10 credits for vectors, credits cost $1. I think that was the sweet spot for microstock pricing. But that will never happen again here, so I guess we just have to go with the flow.

(Edited on 2012-08-28 17:21:27 by mikemcd)
susaro
Member is a Silver contributor and has 2,500 - 9,999 Photo downloadsMember is a contributor and has less than 250 Video downloadsMember is a Diamond contributor and has 25,000 - 199,999 Illustration downloadsExclusiveExclusive iStockphoto IllustratorExclusive iStockphoto Videographer
Posted Thu Aug 30, 2012 6:38PM

I think the pricing is one thing, but there are other factors on the deline of download.


One of my illustration was converted in to jpg and it is up on multiple of sites. I reported to isotck and I don't think they can do anything, because there are too many of them to bring down. 


There are also much much larger library of illustrations today compare to 2008 or even earlier. The chance of getting one of your beautiful turkey downloaded is also dramaticly reduced.


 
LadyDart
Member is a Bronze contributor and has 250 - 2,499 Illustration downloadsExclusive iStockphoto Illustrator
Posted Sun Sep 2, 2012 4:07PM
And the fact that you didn't upload anything between 04-24-06 and 08-27-12? I think that is a major factor regarding your sales, not the pricing itself.
mikemcd
Member is a Diamond contributor and has 25,000 - 199,999 Illustration downloads
Posted Mon Sep 3, 2012 11:42AM

Posted By LadyDart:
And the fact that you didn't upload anything between 04-24-06 and 08-27-12? I think that is a major factor regarding your sales, not the pricing itself.


Good catch, I didn't see that. Wish I had, because obviously that puts this particular discussion in a very different light.

Price increases are an issue. But in your case, Rebekkah, not doing any new work for more than half a decade is probably the much bigger issue.
cafillu
Member is a Silver contributor and has 2,500 - 9,999 Illustration downloads
Posted Tue Sep 4, 2012 6:46AM
I think $15 is the sweet spot. I don't like it when my illustrations or priced higher or lower.
kathykonkle
Member is a contributor and has less than 250 Photo downloadsMember is a Diamond contributor and has 25,000 - 199,999 Illustration downloadsExclusive iStockphoto Illustrator
Posted Tue Sep 4, 2012 9:25AM

I don't like it when my files are priced less than 15 credits because I make no money on the lower priced files. My most popular 2 credit file has over 700 downloads and has only made about 400 dollars. if it was 8 credits I would have likely sold nearly the same amount of downloads and made 1600 dollars. I tried to get them to raise the price but they said price is not based on anticipated sales (why not?) and they refused.Lower prices almost never result in higher sales for me just less money.  


I have fancy and elaborate files that almost never sell so I want them priced as high as possible so when they do sell I make some money. If someone wants the file badly enough they will pay the price but I agree with you that the prices may be as high as the market will bear right now. There is a point at which they price us out of the market so I'm not looking forward to any price increases.
Lobo
This user has the power to wield the BanHammer, a weapon forged in the fires of hell for that get-off-my-planet quality you can't get anywhere else. You betta reckonize.Forum Moderator
Posted Tue Sep 4, 2012 9:49AM

Posted By LadyDart:
And the fact that you didn't upload anything between 04-24-06 and 08-27-12? I think that is a major factor regarding your sales, not the pricing itself.

Let's consider this and call this thread done.
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