Posted Wed Jan 9 8:00AM
Posted By cmannphoto:
But KKT said in Sept 8th, 2010,
"In the most basic terms that means that iStock becomes less profitable with increased success.As a business model, it’s simply unsustainable: businesses should get more profitable as they grow."
But we as contributors should grow too.
"If you are looking at the credit number on your stats page thinking “He is crazy, I am clearly going down”, remember: historically HALF of our annual credit usage take place in the last four months of the year. If that holds true, most of you should see your current redeemed credit total approximately double by the end of the year."
This just shows the RC system does not work for the contributors
I nearly fell off my chair laughing!
Posted Wed Jan 9 8:02AM
^ glad I could me you laugh, as I sit here crying
Posted Wed Jan 9 8:08AM
Another way to look at KKT's statement would be this: you can expect to sell as much in the first 8 months of 2013 as you did in the last 4 months of 2012.
Posted Wed Jan 9 8:36AM
That was correct in 2010 - you did get half your downloads in the last third of the year. Not any more though, obviously.
Posted Wed Jan 9 12:14PM
What is half of 0 anyway?
Posted Wed Jan 9 12:21PM
Try and stay on topic, folks.
Posted Sun Jan 13 9:07PM
Horrible. This has been a trend though. I can not belive how sales have fallen off scince Getty took over iStock. It is frustrating.
Posted Sun Jan 13 11:34PM
The topic being December and 2012 sales? Maybe the drop off for most of us has something to do with images given away for free somewhere(s) else. Who needs to come here anymore when they can dl our best files elsewhere for free.
Posted Mon Jan 14 1:06PM
I don't know what to attribute the problem to, but my sales have been in the toilet and falling since September of 2012. These days I often go for a week or more with NO sales at iStock. This was never the case prior to this. IStock was always my most reliable source of sales, but no more. Sales here are at the bottom, about what I get at SNIPPED , which is to say, very little. Meanwhile, though, sales at SNIPPED have remained the same as they have always been. So something is definitely up here at iStock, and it's not something good.
(Edited on 2013-01-14 13:11:04 by kelvinjay)
Posted Mon Jan 14 1:58PM
I started actively submitting to iStock just over a year ago. For few months, my income grew lineary as I was increasing my porfolio size. iStock was my no.2 and the most stable source of income amongst all agencies. Then the income stabilized and last two months despite adding new uploads at full speed, my income from iStock started decreasing...and it continues to do so week after week. Downloads fell slightly, but earnings per image fell dramatically. With over 500 images, I'm back to income when I had 200 images. Looks like this month iStock won't even keep its no.2 position.
I feel sorry for exclusive artists and people who's living depended on iStock. I will be shifting my attention to other channels this year.
Posted Fri Jan 25 12:01PM
33% d o w n overall for the year!
Posted Mon Jan 28 4:57AM
Well, now the PP is in I can see that December was down about a quarter on the previous year and 2012 was down approximately 23% year on year. It looks as if January is just about holding its own compared with last year, certainly no better, though.
Posted Mon Jan 28 5:18AM
With PP and GI sales now in...
55% $ down on Dec 2011.
Portfolio increased and x3 content on Getty.
January is looking exactly the same.
The new reality is setting in and a consistent 50% income drop on the prevoius year looks to be the norm now.
Posted Mon Jan 28 5:32AM
Exactly the same situation as above...