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crashoran

Referral program update screwed us

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Seriously Shutterstock? SERIOUSLY?

 

After years of sending out tweets, setting referral banners on blogs, and listing referral links in message boards, you're going to limit the referral bonus to the first two years only now?

 

Are you kidding me? We literally recruit you new content through talent all over the world, and then you completely change up the system to screw us over. We are the reason you have such a vast and diverse image collection to begin with.

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Well, at least the shut-off deadline might be "today + 2 years"... Otherwise many-many of us would receive hundreds money less since march. :(

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I can't believe this. This will have the opposite effect for me, I won't even both referring anyone. It's not worth it to make only a few cents for only 2 years.

 

--NM

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I agree. This is unbelievable! After years of bringing new contributors, this is really a stab in the back. I am hugely disappointed.

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Quite "clever" from SS point of view. Im suspecting most new subscribers take 1-2 years to get a portfolio of a decent size to get the commission coming in OR most give up stock before 2 years.

 

So they keep the relatively low level commissions in those first 2 years and those that stay and start earning more money they dont pay out on.

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That's a sudden turn. I always considered SS the most fair company in the industry, but introduction of this rule only with 3 weeks notice is kind of backstabbing.

 

Many of us have invested in advertising etc to recruit fine photographers and now it turns out that 80% of my referral income is going to be suddenly cut.

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E-mail I just send to SS:

 

This is outrageous!! I have brought in more than 450 dutch referrals. My referral page has been ranking #1 for years in google for the phrase 'selling photos' in dutch (or 'selling photographs' or 'selling images', it's the same phrase in dutch).

 

I've been working very hard on this for many years. The ONLY REASON for this is that your referral program garanteed LIFELONG payout. And now your changing that??? Why?? You make lifelong income form all my referrals as well?

 

This really sucks and takes away any incentive I have for referring photographers. I fact, I should discourage dutch photographers from joining because you BREAK YOUR PROMISES.

 

Sorry for shouting (caps) but this really sucks...

 

Regards,

Martijn Mulder

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Yeah I thought it was just me reading it wrong. So good news, we get a 30% raise, bad news, it's only for the first two years. We get to "benefit" from the least profitable entry years, when most new users make almost nothing.

 

Ouch that hurt.

 

I might make more buying SSTK because this will increase profits. Someone with a sharp pencil figured this one out.

 

What's the next cut that will benefit shareholders, at artists expense? Somehow I knew this kind of thing would be inevitable, I just didn't think so soon.

 

I won't be losing much of anything, but I feel badly for the people who have been working at referrals from the start of SS. I think it's time to take down my links and stop trying, right now. It was good while it lasted.

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Well, at least the shut-off deadline might be "today + 2 years"... Otherwise many-many of us would receive hundreds money less since march. :(

 

As I read it, any referrals from more than two years ago are cut off as from the end of this month.

 

We'll have to get an answer, I read it as a contract change, going into effect, and all would be two years from that change.

 

There's that glass half full guy again? :-)

 

To start, we're going to raise payouts from $0.03 to $0.04 cents per referred download. We’re also going to update the term so that payouts will be earned for the first two years that a referred contributor is active on our site. These changes will become effective as of February 28, 2013 and will affect contributors you have referred in the past, as well as those you refer in the future. There will be no changes to the footage referral program at this time.

 

Paul had it right from the start. Over two years, will vanish when the new program kicks in.

 

I'm also reading. We have too many artists and we have enough images, we don't need more referrals.

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Doesn't affect me personally but a kick in the teeth for people who worked to build up referrals and increase SS profits. Hope there's not a rate cut around the corner to keep the shareholders happy!

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I can't even explain how angry this makes me.

 

They had us recruit contributors to build their entire library of assets, while at the same time brainwashing us into thinking we would receive lifetime referral bonuses.

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Bad news!

I guess the fast growth of adding new contributers in SS will be ended when this takes effect.Maybe they think they don't need more contributers and more new images in the future.

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Bad news!

I guess the fast growth of adding new contributers in SS will be ended when this takes effect.Maybe they think they don't need more contributers and more new images in the future.

 

This has nothing to do with the number of contributors and everything to do with increasing profits.

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By the way, if the new rules affect also contributors whom I recruited years ago, do I get a raise from $0.03 to $0.04 for all these years?

 

Do you really think a company like SS would be that generous?

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This has nothing to do with the number of contributors and everything to do with increasing profits.

 

Yes,I agree.

As we know,many people work hard to build up referrals and increase SS profits in these years,but I think no one will do more like before when the new rule takes effect.

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If there will be some option, like choose what refferal model you want, or old refferals will stay as lifetime and the new ones only will be affected by this rule, I will not like it, but not by angry.

 

This is only about more money for shareholders. Nothing else. Many people work hard to get many contributors for you, to get some money from it.

 

First 2 years are usually the worst time, when people just create their portfolio and their incomes are low. So increase payment from 0,03 to 0,04 is not hurt shutterstock too much right?

 

This new rule and the way how it is announcement push me to do this things:

- not recommend good photographers I know and push them to register and try it

- remove refferal link from my sites

- promote other microstock, that keeps one's word

 

I am really disapointed

 

sent to shuterstock email as well

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I could see changing the referral program for new referrals going forward, but cutting off the old referrals is really a slap in the face. I worked hard to get the word out and bring in contributors in Shutterstock's early years. Many are still high contributors generating a lot of money, and at the time, the referral bonus was stated to apply in perpetuity. I know the payment terms can be changed at any time, but this is a serious pay cut in disguise.

 

I leaves a bad feeling with me, something I never had with this agency before; something I thought was a difference from some of the other agencies.

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