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Price adjustment and royalties updates

Author Message
4457 posts
Message edited at 06/17/2008, 07:03:47 AM by Admin
Price adjustment: 2008 credits and levels update

 Blue fir tree 

It has been a longer "credit" year than 2007/2006, but not without a purpose. Lots of new features have been brought online in the last 16 months, too many to be mentioned here without diverting this thread. We hope that the patience paid off, not only for contributors but for designers as well, who enjoy the best edited collection in its market.

After the middle of July, we propose a high increase in royalties for photographers based on the new prices, while also bringing a higher marketing budget for promoting our talented contributors.

Subscription packages will sell at the same price, while royalties for them will be increased with 16.66%. The credit packages will increase royalties much more, with as high as 50-75% in average.

The bonuses awarded in each credit package will be a part of the future royalties. As you probably know, we were the only agency supporting all bonuses. Starting middle of July, the value per credit will be calculated depending on the actual credit value referenced to the package acquired by the buyer. The budget invested by the buyer will be divided by the number of credits. Royalties will stay the same: 50% for non-exclusives and 60% for exclusive photographers or exclusive images. Their specific value will vary depending on the acquired package.

Referral program earnings will continue to be supported by the agency.

Dreamstime is a non disputed leader in stock photography and our site probably represents the most sophisticated platform in stock photography. Our pricing structure is one of the best things we brought on the market, because it allows us to bring new revenue to contributors without affecting drastically the buyers that want great value for their money.

The free images section, the unique credits+subscription formula, the level-structured pricing and the various licensing possibilities (royalty free, editorial and extended licensing) allow us to bring a high increase in royalties while buyers can still adapt. Designers looking for top quality will see an increase of their average purchase, while the ones looking into our value offers will see no significant change.

We continue to see industry records on a daily basis. In May we doubled the number of images we added in December and the sales took a 70% jump. With all the features we released during the last year, it was time for a price update. The expected growth after the international versions are launched should be high and that's additional to our regular growth. Correlate this with the new prices going soon into effect and contributors' royalties should double in the near future.

We believe it's a great upgrade, fair to everyone, but wait community's feedback, both buyers and contributors. As before, credits acquired until the release will enjoy the previous pricing for one year.

Hope you enjoy it!

Uploaded files:4893 | Total Sales: 29094
17 posts
Message posted at 06/17/2008, 07:18:58 AM by Planctonvideo
well done DT!! :)

Uploaded files:200 | Total Sales: 894
184 posts
Message posted at 06/17/2008, 08:10:12 AM by Neonriver
Very Good and Thank You!

Do sub downloads count toward your total number of downloads and help move an image to the next level?

Uploaded files:697 | Total Sales: 1631
50 posts
Message posted at 06/17/2008, 08:12:11 AM by Sorinus
I like it!!!!

Uploaded files:6540 | Total Sales: 7742
Jack schiffer
212 posts
Message posted at 06/17/2008, 08:13:41 AM by Jack schiffer
CANON 30D CANON 28-135 IS TAMRON 17-50 2.8 Canon Speedlig...

Uploaded files:916 | Total Sales: 5281
4457 posts
Message posted at 06/17/2008, 08:16:04 AM by Achilles - member is an admin

Originally posted by Neonriver:
Quoted Message:

Do sub downloads count toward your total number of downloads and help move an image to the next level?

Yes, they always did.

Uploaded files:4893 | Total Sales: 29094
105 posts
Message posted at 06/17/2008, 08:18:36 AM by Gofer
Fantastic to hear all the good news! It looks like DT is where it's all happening and I look forward to it's continued growth. Now that we've hit the international market I would like to say Viva la Dreamstime :-)
Canon 50D and Canon 400D

Uploaded files:408 | Total Sales: 1412
382 posts
Message posted at 06/17/2008, 08:24:27 AM by Dreamzdesigner
WOW!! Thank you DT!! :)

Uploaded files:2731 | Total Sales: 33894
1311 posts
Message posted at 06/17/2008, 08:25:03 AM by Thefinalmiracle
Now thats what I call a great move!
Canon Rebel XSI / 450D with Canon 18-55mm IS Lens & Tamron 7...

Uploaded files:2925 | Total Sales: 13693
1282 posts
Message posted at 06/17/2008, 08:29:05 AM by Stuartkey
Sweet! Thanks Serban and all the other guys & gals.

Especially nice to see the increase in subscription royalties... now only 18 cents short of an exclusive regular credit sale (albeit for level 1 extra small). :)

Looks like time to beg, steal or borrow a new camera too... over 12mp... 5D mkII anyone?

Uploaded files:603 | Total Sales: 9133
113 posts
Message posted at 06/17/2008, 08:29:21 AM by Valeria73
Great news!!! :)))
Canon EOS 450D with Sigma 17-70 lens and Canon 55-250 lens...

Uploaded files:1305 | Total Sales: 4219
1282 posts
Message posted at 06/17/2008, 08:31:00 AM by Stuartkey

Originally posted by Achilles:
Quoted Message: ...contributors' royalties should double in the near future...

Now that would be SWEET!

Uploaded files:603 | Total Sales: 9133
150 posts
Message posted at 06/17/2008, 08:32:20 AM by Bbostjan
Great :)

Now hopefuly I'll reach my first 100$ soon :)

Uploaded files:0 | Total Sales: 399
27 posts
Message posted at 06/17/2008, 08:40:59 AM by Cfarmer
Wonderful news!!!
Nikon D800, D90, Olympus E-500, various lenses and flashes

Uploaded files:1150 | Total Sales: 3405
1566 posts
Message posted at 06/17/2008, 08:41:28 AM by Noonie
COOL!! Thanks! I like more money, everything else is going up. Stuartkey, if you FIND 2 cameras, I'll take the extra one.
Nikon and sometimes an older Olympus.

Uploaded files:2368 | Total Sales: 9342
582 posts
Message edited at 06/17/2008, 08:48:16 AM by Cmarshall717
AWESOME!!! I have a question. Will the levels apply only to images uploaded AFTER the change in July, or will it also apply to those already uploaded? For instance, if I have an image now with 8 DL, will it be a 2nd level after the change in July?
Cameras: Nikon D7000, Nikon D70, Canon S3 IS / Nikon Lenses:...

Uploaded files:0 | Total Sales: 452
531 posts
Message posted at 06/17/2008, 08:49:15 AM by Cleaper
Excellent news - thanks DT! :)
Olympus E-30, dSLR + 12-60mm Olympus Zuiko f2.8-4.0, 70-300m...

Uploaded files:915 | Total Sales: 2814
33 posts
Message posted at 06/17/2008, 09:11:26 AM by Amaranta
Great and wonderful news! :))))
Nikon d700, Nikon d40x and Nikon lenses

Uploaded files:943 | Total Sales: 1799
157 posts
Message posted at 06/17/2008, 09:32:30 AM by Andresr
WOW I like it!!!!!!!!!! The new levels are really really good and subs help those images going up and up which is great ;)

Thank you
Canon 5D MKIII, (22mp) 8 L range Canon lenses and a lot of...

Uploaded files:37377 | Total Sales: 294791
87 posts
Message posted at 06/17/2008, 09:32:35 AM by Michaeljung
well done, DT!!

i love the new level-structure, as well as the extra small option.

now i'm even more motivated to shoot more. ;)

Uploaded files:19367 | Total Sales: 58544
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