Archived posting to the Leica Users Group, 2016/07/12
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]It has nothing to do with Getty and Istock. It has everything to do with markets changing - after all they have a business model that is successful, so they must be doing something right. Either we change with the times, or we are toast. Moaning about how the good old days were will not help, either. After all, in my stockbroking business, when we started in 1990, we used to get commission of 1%-1.5% of the trade, on both legs of the trade, even for day trading. By the time I sold the business in 2011, the maximum commission we were getting was 0.15%, and could go as low as 0.07% for bulk, institutional trades. Besides, for day traders, we could charge for one end of the trade only, at 0.02-0.05%, depending on the traders credit. These were dictated by marketplace and the competition inherent therein, and not rules issued by some authority or the other. A lot of traditional brokers closed shop. Those of us who adapted and survived prospered. Don't you think the customers benefited due to lower transaction costs? It is the same story everywhere, in any business - more so nowadays, when change can occur very swiftly - adaptability is the key to survival. Cheers Jayanand On Wed, Jul 13, 2016 at 4:41 AM, Tina Manley <tmanley at gmail.com> wrote: > It was only 10 years ago that Alamy sold one of mine for $4232.16 and back > then we got 50% of all sales. > Country: China > Usage: Advertising and promotion > Media: Advertorial > Industry sector: Financial Industry > Sub-Industry: Banking > Print run: up to 1 million > Insert: 10 > Placement: Front cover > Image Size: 1 page > Start: 12 May 2006 > End: 12 May 2008 > > Nothing comes near that today!! Thanks, Getty and iStock! > > Tina > > On Tue, Jul 12, 2016 at 7:00 PM, Frank Filippone <red735i at verizon.net> > wrote: > > > And I thought he meant a MONEY credit line....... After all, $2 is a LOT > > of > > money in the photo biz these days...... > > > > Frank Filippone > > Red735i at verizon.net > > > > -----Original Message----- > > From: LUG [mailto:lug-bounces+red735i=verizon.net at leica-users.org] On > > Behalf > > Of Tina Manley > > Sent: Tuesday, July 12, 2016 3:26 PM > > To: Leica Users Group > > Subject: Re: [Leica] Stock Sales > > > > The credit line used to say Tina Manley/Alamy. Now it says Alamy and > only > > sometimes Alamy/Tina Manley. Stock has changed a lot in the last few > years > > :-( > > > > Tina > > > > On Tue, Jul 12, 2016 at 6:18 PM, Jim Nichols <jhnichols at lighttube.net> > > wrote: > > > > > Do you get a credit line? > > > > > > Jim Nichols > > > Tullahoma, TN USA > > > > > > On 7/12/2016 5:08 PM, Tina Manley wrote: > > > > > >> PESO: > > >> > > >> Alamy just sold one of my Iran photos: > > >> > > >> > > >> http://tinamanley.photoshelter.com/gallery-image/Iran/G0000YmlbTddL96 > > >> g/I00000eLhbB.WvH4 > > >> > > >> They sold it through a distributor for $7. My share is $2. I'll pay > > >> for the trip in no time at that rate!!! > > >> > > >> Country: Czech Republic > > >> Usage: Editorial > > >> Media: Magazine - print, digital and electronic Print run: up to > > >> 10,000 > > >> Placement: Inside > > >> Image Size: 1 page > > >> Start: 01 July 2015 > > >> End: 01 July 2020 > > >> Duration: 1 month. Bulk discount. > > >> > > >> Tina > > >> > > >> > > > > > > _______________________________________________ > > > Leica Users Group. > > > See http://leica-users.org/mailman/listinfo/lug for more information > > > > > > > > > > > -- > > Tina Manley > > www.tinamanley.com > > tina-manley.artistwebsites.com > > > > > http://www.alamy.com/stock-photography/3B49552F-90A0-4D0A-A11D-2175C937AA91/ > > Tina+Manley.html > > > > _______________________________________________ > > Leica Users Group. > > See http://leica-users.org/mailman/listinfo/lug for more information > > > > > > _______________________________________________ > > Leica Users Group. > > See http://leica-users.org/mailman/listinfo/lug for more information > > > > > > -- > Tina Manley > www.tinamanley.com > tina-manley.artistwebsites.com > > http://www.alamy.com/stock-photography/3B49552F-90A0-4D0A-A11D-2175C937AA91/Tina+Manley.html > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information >