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imagist · Site Admin Joined: 21 Mar 2006 Posts: 226

Dear Submitters:

We wanted to let you know that we've been working hard on the details of your 2008 commission increase, and we think you'll be very pleased with the new terms. The final stage of this process is to test new price points for Shutterstock products, which we will do over the next two months. We will then evaluate the results of these price increases and finalize your raise. We expect to be able to announce the raise to you during the first two weeks of May. It will be effective immediately.

This year we will also be experimenting with some "starter" products that offer a less expensive entry point to account holders that have never purchased from us before. These new products will offer a brief trial of our user-friendly subscription model, so the account holder can experience first hand all of the benefits of being a paid Shutterstock customer. We're confident that by doing this we'll convert even more site users into happy -- and actively downloading -- customers.

We're proud that we have the best library in the industry and offer the best products, and we will continue to encourage you, our talented submitters, to submit your outstanding content. Thank you for letting us represent your work.

Best Regards,

Shutterstock

kourafas5 · Posted: Mon Feb 25, 2008 10:30 am

That sounds great..the update is much appreciated! :)

hhltdave5 · Posted: Mon Feb 25, 2008 11:21 am

Thank you for the information. We will wait with great anticipation.

ctesti · Joined: 15 Jan 2006 Posts: 1267 Location: California

Great news, thanks!

beaucroft · Joined: 24 Jan 2008 Posts: 34 Location: Surrey, UK

Very good.

I just received an announcement from Shutterstock that rates were increasing from 3rd March.

However, I must say as a buyer, the rates don't make good commercial sense. 1 month increases from £109 to £149, 1 Year increases from £1,099 to £1,529. I am all for a fairer cut for photographers, but there seems hardly much incentive for a buyer to sign up for the full year.

As a seller, will we get a share of the increased profits for the first month of March?

And lastly, what happens to the 500 downloads increased price (which I have been working hard to achieve). It was an increase by 5 cents per image - will this still be the case?

Gav

pjmorley · Posted: Mon Feb 25, 2008 12:45 pm

I love the next bit with all the speculation that follows :-)

Especially since Imagist said we will be very pleased

So I'll start with all downloads increased to 30 cents 40 cents for those over 1000 and referral downloads increased to 0.04.

I'd like to see the referral downloads in particular increased.

And remember this is all speculation, wildly inaccurate but fun :-)

prairierattler · Joined: 23 Nov 2005 Posts: 1298 Location: Earth

Here's my guess...

Still 0.25 to start.
Then 0.30 after $500 in earnings.
Then a new tier for 0.35 after $2500 in earnings.

mrslevite · Joined: 10 Jul 2006 Posts: 2860 Location: Dover, DE

stitcherladyxx · Joined: 07 Apr 2007 Posts: 142

beaucroft · Joined: 24 Jan 2008 Posts: 34 Location: Surrey, UK

hooyacrusty · Joined: 18 Jun 2007 Posts: 1025

sounds good to me! I'll be waiting patiently... (or impatiently LOL!) :)

riffmax · Joined: 10 Mar 2005 Posts: 2403 Location: Florida, USA

riffmax · Joined: 10 Mar 2005 Posts: 2403 Location: Florida, USA

sase · Joined: 08 Feb 2006 Posts: 684 Location: SE New Mexico, USA

Sweet! We'll be getting the raise just in time for summer slowdown LOL!

gudellaphoto · Joined: 11 Sep 2006 Posts: 570 Location: Hungary

Wow, that's it SS, keep going! :D