Microstock

Alamy will pay you with PayPal

Alamy, a UK-based traditional stock photography agency, proudly announced in their latest letter to their contributors that Alamy will be able to transfer payouts via PayPal.

Good news – we have made some improvements to the way in which we pay our contributors. We are now offering PayPal – we can pay you in GBP, USD or EURO’s via PayPal. If you opt for PayPal we will send your payment so that you do not pay any PayPal fees

I like Alamy because they are so British. Meaning they are so ages-back traditional and so fantastically slow in adopting the change and following the market trends, and nevertheless – or because of that, – they still sell well. Today virtually every reasonable stock photography agency offers PayPal payouts, so welcome to the club, my dear Alamy.

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Shutterstock introduces single image sales

Shutterstock, who came to the microstock market as a first agency to offer microstock subscriptions, joins iStock, Fotolia and Dreamstime by offering single images sales. The recent announcement on Shutterbuzz states that current royalty rates for subscription-based packages are not going to change. As per the new product which ‘is being tested in the certain markets’ the planned royalty rates are based on the contributor’s life-time earnings on Shutterstock:

  • up to $500 – 20% payout rate
  • $500 – $3,000 – 25%
  • $3,000 – $10,000 – 28%
  • over $10,000 – 30%

Shutterstock is an owner of BigStockPhoto.com, re-branded as BIGSTOCK sometime ago. BIGSTOCK, which deploys a traditional credits-based microstock model, was purchased by Shutterstock to complete their subscriptions offering. For the last few months in addition to the credits packages BIGSTOCK also offers immediate purchase of a single image. The single download prices start from $2.99.

BIGSTOCK single image sales

BIGSTOCK single image sales

It looks like Shutterstock was closely following BIGSTOCK in this initiative and now they are doing a similar move.

All in all this is good news for the microstock artists. I believe that the contributors like me will be happy to increase their earnings effortlessly, by selling the same microstock collection on Shutterstock in a different way, so let’s wish Shutterstock good luck with their new baby.

 

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