Just received a newsletter from iStockPhoto, announcing they will introduce a subscription plan in late May to their customers, in parallel to their current 'buy as you go' model.
Wow, that is good news for everyone on iStockPhoto. A subscription model allows the customers to buy a fixed number of images over a period of time for a fixed amount. With this model, customers tend to buy more. It will be a win-win-win situation for the customer, iStockPhoto as well as all contributing photographers at iStockPhoto.
However, my optimism is cautious optimism. 123RF.com also has a subscription plan for their customers along the 'buy as you go' plan. My income from 123RF has been dismal. As a matter of fact, my income from their subscribers is less than from 'buy as you go' customers.
Anyway, it is still something good and worth looking forward to. May seems to be the season for change. ShutterStock is expected to announce their new rates in May too.
Friday, April 11, 2008
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