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New earnings structure for Contributors


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16 minutes ago, graphicline said:

 I wonder if anyone knows a more accurate table?

The table above is just a small part of possible commissions.

@chyworks was so kind to make a more complex table at this thread but maybe that is not all either. Only SS knows what they pay us.

Sure AS pay rates are better but how about the download numbers?

16 minutes ago, graphicline said:

Visual receptors started to slowly shift there.

Is there any proof/ sign for this?

16 minutes ago, graphicline said:

 It seems that the most used site in the near future will be Adobe Stock.

The future will tell. I contribute to both of them for a long time and still AS has a long way to go (at least for me) to have the same download numbers as SS, though i wish you were right.

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In an email that is going out today, we are announcing that we will be updating the earnings structure that determines how much you get paid when customers license your work. We are making this adjust

This is just a joke. 10 years with SS and now I'll be getting 20% commission on my footage clips??? No lifetime sales tier, just what you sold last year/this year.... To get to the curr

This space will be updated to address frequently asked questions.  My email shows different counts for videos than are shown above. Which is correct? Apologies. The email to video contributo

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5 minutes ago, stockphotofan1 said:

Fotoğraf ve video satışları için bu resmi olmayan tabloyu, alıcının ABD'de olduğunu varsayarak halka açık% 's ve dolar tutarlarına göre oluşturdum.

Sarı ve turuncu vurgular sadece masayı yaptığımdaki seviyelerimi gösteriyor. Diğer vurgular sadece kategorilerdir

shutterstock_unofficial_pay.thumb.jpg.b0b2d8a3b73987261694b34b166d0439.jpg

Thank You Stockphotofan1 

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On 8/28/2020 at 9:53 AM, Wilm Ihlenfeld said:

Hello VdZ,

what shutterstock has done there is a mess - no question about it.

But - I had written this before: One of the problems lay also in the fact that there were a quantity of offerers, who offered their images here and with free agencies. Why they did that, I can't understand either, because they deprived themselves of the opportunity to make money here, when potential buyers could get the images for free elsewhere. That should have been prohibited by contract by shutterstock!

But it would be disastrous for the entire microstock industry if contributors were to upload good image material to free agencies now. Then no more money can be made from Microstock in future. 

I can understand your anger. I myself have not uploaded a single image to shutterstock since the new revenue structure was introduced. But I regularly upload new images to the other agencies where there is still money to be made. I would suggest that to you as well.

If your images are good, why give them away and spoil your own future?

At the other big agency, I only have 49.6% of downloads this month compared to shutterstock, but 159% of income compared to shutterstock.

I myself am planning to deactivate my portfolio here by 31 December. If the numbers remain as bad as they are this month, maybe even before.

 

 

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On 9/15/2020 at 3:07 PM, stockphotofan1 said:

I created this unofficial table for photos and video sales based on publicly available %'s and dollar amounts assuming buyer is in USA.

The yellow and orange highlightings just show my levels when I made the table. The other highlightings are just categories

shutterstock_unofficial_pay.thumb.jpg.b0b2d8a3b73987261694b34b166d0439.jpg

This table does not help much. Because it does not even begin to cover what reality is. In my view, it's not intended to be comprehensible either, because otherwise shutterstock would have to disclose all its deals with customers. And they certainly don't want that.

You can get a rough impression of what it all involves here:

https://forums.submit.shutterstock.com/topic/100381-the-variety-of-sub-and-odd-sales/

This list is no longer complete, because we have not fed Chy (thanks for the work, Chy!) with new data at some point. What is the point? There is no recognizable pattern and no recognizable regularities.

I can show you a screenshot of how my subscriptions looked like today. And note it immediately: Today I only had one for 10 cents. Sometimes it's 10 - at Level 5.

But there are probably also half or third cent amounts. Because 42 cents can hardly be divided by 3 downloads.

Fact is: At Level 5, 28 subscriptions have brought in 5.40 Euros so far. Before the new revenue structure, it would have been twice as much, namely 28 x 0.38 = $ 10.64. Level 5 is really worth it! :(

subscriptions.jpg

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1 hour ago, Wilm Ihlenfeld said:

This table does not help much. Because it does not even begin to cover what reality is. In my view, it's not intended to be comprehensible either, because otherwise shutterstock would have to disclose all its deals with customers. And they certainly don't want that.

You can get a rough impression of what it all involves here:

https://forums.submit.shutterstock.com/topic/100381-the-variety-of-sub-and-odd-sales/

This list is no longer complete, because we have not fed Chy (thanks for the work, Chy!) with new data at some point. What is the point? There is no recognizable pattern and no recognizable regularities.

 

There's people in that thread saying they found my table useful and have had PMs requesting the table, so I'll have to disagree with that assessment. You're thinking it is hopeless since there are numbers not on the table. I'm thinking it helps immensely to get a rough unofficial explanation and have noted why all numbers encountered shouldn't be expected to be on the table.

Of course, it is not any secret that the exact amount deposited into your account depends on what country buyers is from, what they pay, exchange rate, taxes, etc., and these things both differ by country and exchange rates differ continuously. Just listing numbers isn't too helpful (to me) unless they are all converted into the same currency at that time which is incredibly difficult to do accurately in retrospect.

From my buyers from USA (so I don't have to worry about any conversion), the vast majority of my sales have been on the table, so I'm not too concerned.

Cheers,

Justin

 

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On 9/14/2020 at 3:59 AM, Mark Godden said:

I've not uploaded a single image since the changes and have no plans to either. 10c is nothing but an insult and provides absolutely zero motivation to do the work and endure the review process. I'm done here as far an new stuff is concerned.  

How I feel also, I don't like them, I don't like the pay, they don't get my work. I don't like it, I'm not working for them. "If you don't like it, leave." And I did.

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On 9/11/2020 at 7:26 AM, DesignDaily said:

I have completed the 100 downloads for this year in last month on 28th and now on 2nd level but Still I received 0.10 Cents for new download which I used to receive earlier. Can you help me with this? I should have got raised basic amount as per level 2.

I have completed 800 downloads still 10 cents or 13 cents It is not acceptable. And than in the announcement text 'fair opportunity for everyone' big lies that I find disrespect for all the hard work.

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I have now calculated my numbers. Old level 4 = 30% according to old income structure / new level 5 = 35% according to new income structure.

Since June 02 (on June 01 the old model was still used) up to and including September 17, it looks like this:

Subs according to new revenue model: ø $0.23
Subs according to old revenue model: ø $0.38
loss: 38.2%

ODs according to new revenue model: ø $3.28
ODs according to old revenue model: ø $2.85*.
Profit: approx. 18%*

Enhanced according to new revenue model (35%): ø $37.26
Enhanced according to old revenue model (30%): ø $31.94
Profit: 14.3%

SODs according to new revenue model (35%): ø $4.31
SODs according to old revenue model (30%): ø $3.69
Profit: 14.3%

For me personally this results in a loss of approx. 8%*. 

*In the ODs there were also small ODs for $1.24. I had these very rarely. But at this point I can't compare them exactly, because I can't filter out the counterpart with the new revenue structure. So here there can be +/- 1% deviations.

I assume that my loss due to the downgrade in January will be over 10% annually.

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3 hours ago, Wilm Ihlenfeld said:

Subs according to new revenue model: ø $0.23
Subs according to old revenue model: ø $0.38
loss: 38.2%

ODs according to new revenue model: ø $3.28
ODs according to old revenue model: ø $2.85*.
Profit: approx. 18%*

Enhanced according to new revenue model (35%): ø $37.26
Enhanced according to old revenue model (30%): ø $31.94
Profit: 14.3%

SODs according to new revenue model (35%): ø $4.31
SODs according to old revenue model (30%): ø $3.69
Profit: 14.3%

For me personally this results in a loss of approx. 8%*

How come? I may not understand it correctly but

Profit: 18 + 14.3 + 14.3 = 46.6%

Loss: 38.2%

Gain: 46.6 - 38.2 = 8.4%

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11 minutes ago, Whiteaster said:

How come? I may not understand it correctly but

Profit: 18 + 14.3 + 14.3 = 46.6%

Loss: 38.2%

Gain: 46.6 - 38.2 = 8.4%

This is due to the very high percentage of subscriptions, Whiteaster. Most of the downloads are the subs - and the velust is so extremely high. In the months when the ODs, SODs and Enhanced are not so numerous, the loss is therefore also much higher than 8%.

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19 minutes ago, Wilm Ihlenfeld said:

This is due to the very high percentage of subscriptions, Whiteaster. Most of the downloads are the subs - and the velust is so extremely high. In the months when the ODs, SODs and Enhanced are not so numerous, the loss is therefore also much higher than 8%.

Yes hypothetically speaking, without ODD-s, EL-s and big DOD-s the situation is a disaster, I am just experiencing it now. It is a bad joke, a lottery.
However, your calculations above are made with real numbers, I assume and in that case you are gaining 8%, not losing 8%. Where am I wrong?

I realize that it will be different each month, for each of us but for now, according to your calculations, you are one of the lucky contributors.

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1 hour ago, Whiteaster said:

Yes hypothetically speaking, without ODD-s, EL-s and big DOD-s the situation is a disaster, I am just experiencing it now. It is a bad joke, a lottery.
However, your calculations above are made with real numbers, I assume and in that case you are gaining 8%, not losing 8%. Where am I wrong?

I realize that it will be different each month, for each of us but for now, according to your calculations, you are one of the lucky contributors.

Just a completely fictitious example with rounded numbers:

1000 subscriptions 
Now $234.84
Formerly $380.00
Loss: $145.16 (minus 38.2%)

10 ODs 
Now $32.80
Formerly $28.50
Profit: $4.30 (plus 15% - rounded because of the occasional ODs for $1.24)

1 Enhanced
Now $37.20
Formerly $32.00
Profit: $5.20 (plus 14.3%)

10 SODs
Now $43.10
Formerly $36.90
Profit: $6.20 (plus 14.3%)

A total gain of $15.70 is then offset by a loss of $145. 

Do you understand by the fictitious example why I have a total loss.
Of course, this would look completely different if you had calculated the example with 100 ODs, 10 Enhanced and 100 SODs.

That's what I wanted to say: The losses with the subs can hardly be balanced with the gains with the other licenses, because the subs make up such a high percentage.

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1 hour ago, Wilm Ihlenfeld said:

Just a completely fictitious example with rounded numbers:

1000 subscriptions 
Now $234.84
Formerly $380.00
Loss: $145.16 (minus 38.2%)

10 ODs 
Now $32.80
Formerly $28.50
Profit: $4.30 (plus 15% - rounded because of the occasional ODs for $1.24)

1 Enhanced
Now $37.20
Formerly $32.00
Profit: $5.20 (plus 14.3%)

10 SODs
Now $43.10
Formerly $36.90
Profit: $6.20 (plus 14.3%)

A total gain of $15.70 is then offset by a loss of $145. 

Do you understand by the fictitious example why I have a total loss.
Of course, this would look completely different if you had calculated the example with 100 ODs, 10 Enhanced and 100 SODs.

That's what I wanted to say: The losses with the subs can hardly be balanced with the gains with the other licenses, because the subs make up such a high percentage.

When you said (in your first post) that

Quote

I have now calculated my numbers. Old level 4 = 30% according to old income structure / new level 5 = 35% according to new income structure

I thought these are real numbers (situation).

If we play fiction, it can be anything, + or -. Thank  for explaining it.

If I could predict (or calculate) that the future will look like this month, I would close my account in this instant. Fortunately (or unfortunately), hope dies last.

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2 hours ago, Whiteaster said:

When you said (in your first post) that

I thought these are real numbers (situation).

If we play fiction, it can be anything, + or -. Thank  for explaining it.

If I could predict (or calculate) that the future will look like this month, I would close my account in this instant. Fortunately (or unfortunately), hope dies last.

I have sent you a PM. All of this are real numbers.

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Joke of the COVID-19 era.

Few days back received an email from shuttlecock to get shootlist of the month.  So I estimate the budget of each shootlist which is from US$100-500 per shoot that include anything.

So you spent lowest one e.g. US$100 and upload the same to SHUTTERSTOCK and get 10 cent per download.. Shutterstock, "WOW that's a big margin for you BEGGER" You can recover US$100 for another ten years. Spent and shoot as many we'll give 10 cent per download. Happy.

Moral:

Buyer think: Photography is nothing, take whatever we pay, else we'll find another one.

When Selling: This photograph is precious, very costly can't reduce the price.

Open to your comments

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I wanted the xls from @stockphotofan1 to make something like this. Thanks Justin

SS-less-than-25c.jpg

People keep asking, why do I still get 10 cents? Look at the pink. Also I added, where we get less than the former minimum 25¢ which with on exception, is 350 pack subscriptions. After that, assuming anyone had reached the old level 2 which was hardly a challenge, we are now getting more per download than the 33¢

So I had to ask myself, what's going on? Why do I get so many low paying downloads. I looked at the chart again and what that indicates, in my view, is that most downloads are from the large 350 and 750 subscriptions. Not many ODs, 10 pack, 25 or 50 packs. Large buyers, annual and teams are most of our downloads.

Anyway, there's the story, 24¢ and lower commissions, a couple of 33¢ and lower, one at the 38¢ old Maximum. 25 pack EL was already changed, but now we can estimate (this chart is a well researched estimate, not from SS) what we'll get from which kind of sales.

If we sold more images in 50 packs or more ODs, or I should say when we do, we get paid much more than we used to get. The problem is, most of the sales are 350 or 750 image subscriptions. This tells me that the buyers are big users, volume buyers and not many are individuals or the small packs.

For some reason I assumed the Google uses would be 10¢ and seeing nothing else on my accounting or reports, I'll stick with that, until someone can find a different answer with documentation to verify what we get, if it's not 10¢? Either way I'd like to know, instead of guessing.

Old 2018 screen snapshot:

ss-earnings-table-2018.jpg

 

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14 hours ago, Swapan Banik said:

Joke of the COVID-19 era.

Few days back received an email from shuttlecock to get shootlist of the month.  So I estimate the budget of each shootlist which is from US$100-500 per shoot that include anything.

So you spent lowest one e.g. US$100 and upload the same to SHUTTERSTOCK and get 10 cent per download.. Shutterstock, "WOW that's a big margin for you BEGGER" You can recover US$100 for another ten years. Spent and shoot as many we'll give 10 cent per download. Happy.

Moral:

Buyer think: Photography is nothing, take whatever we pay, else we'll find another one.

When Selling: This photograph is precious, very costly can't reduce the price.

Open to your comments

Then buyers are mean and not worth having The internet buyers cannot hold contributors to ransom - better off entering photo competitions

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Translation per Google:

"The business is simple the less I pay the more I earn, the next step is to charge the authors for being able to show their photos."

-------------------------------------------------------------------------------------------------

Agreed. That is where this thing is going.

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