Pay-as-you-go prices are raised, subscription prices remain the same
Fort Lauderdale, Florida, 13 Oct. 2011 – Depositphotos, the fastest-growing stock photo agency in the world, introduces a new pricing model.
This scheduled change affects pay-as-you-go pricing, while subscription pricing remains the same. Photographers receive a level rating, based upon their total sales. Image prices, once dependent only on the size of the image, now also increase as the photographer’s level increases. While photographers’ commission rates remain the same, photographers at higher levels will receive increased royalties due to the higher pricing of images at their level.
With the new pay-as-you-go pricing model, Depositphotos expands the list of countries where the pay-by-SMS method works. Panama, Hong Kong and New Zealand have been added to the list; SMS payments in Italy will become available in a few weeks.
The Buyers Menu has received a facelift; the background of opened tabs is shaded, so now it is easier for users to see where they are in the menu structure. Depositphotos also eases the process of purchasing credits and subscriptions; each time a buyer logs in, his welcome screen offers to make a purchase if needed.
“We introduced this new pricing model to stimulate contributors to upload and sell more images. In addition, this change is designed to attract those contributors who had previously dismissed Depositphotos as a low-earning agency,” says Igor Kalyuzhny, Head of Depositphotos’ departments in Eastern and Western Europe.
About Depositphotos Inc.
Depositphotos is the fastest-growing stock photo agency in the world. Presently it offers over 4 million stock photographs and vector images sold under royalty-free licenses. The stock photo library is increased daily by thousands of images, carefully checked and selected by moderators. The company is headquartered in Florida, USA, and has business offices in Germany, Great Britain and Russia.
“We introduced this new pricing model to stimulate contributors to upload and sell more bla-bla-bla” 🙂
The truth is that it is a response to Fotolia threat to cut down royalties to contributors submitting to depositphotos 🙂
Eh eh… I think you’ve got it.
You are not right. These changes were scheduled a while ago. We’re always targeted on improving the quality of our service and increasing its value for contributors. The pricing change is made to enhance contributors’ earnings, and Fotolia’s new policy has come to stimulate us to faster implement new pay-as-you-go pricing policy. While commission rate remains the same (and Depositphotos is not going to cut commissions whatever happens) the total royalties will increase with the image pricing.
Be fair, this change is being fulfilled for the sake of contributors’ and not of Fotolia’s greed.
of course! this was just a mere coincidence! 🙂
But anyway I like when agencies increase royalties because of comptetition.