Commission Changes Coming to 123RF


Commission changes are on the horizon at 123RF for new users.  The memo below has been posted about what is required to stay on the old commission rate for photographers.  No word on what the changes will be or how they will affect us, but guessing by point 3 they will be moving more to match the other big companies with lower payout rates.  At lest they seem to be honest and trying to hang in there for the long run.  123RF is based here in my home town, so we will keep a close eye on them and let you know more down the road.


We will be changing our Contributors’ commission structure effective February 1, 2012.
Here’s what you need to know:

  1. All existing contributors shall continue to enjoy the current 50% nett commission share ONLY IF they fulfill ALL of the following criteria.:
    • Have registered with 123RF.com before February 1, 2012.
    • Have at least 150 accepted images in their respective portfolios by January 9, 2012.
    • Have had a minimum of 10 paid downloads by January 27, 2012.
  2. All new contributors who start submitting images to 123RF.com AFTER January 27, 2012 OR do not meet all the criteria above shall be enrolled under the new commission structure.
  3. For our veteran contributors who have been supporting us all this while, we thank you for your support and we will try our best to grow the business further in 2012. We will also try our very best to maintain the levels of 50% nett commission to you for as long as possible.
More details on the new commission structure shall be announced closer very soon.
In the light of the criteria above:

  1. We urge you to continue uploading your images to 123RF.com if you haven’t already met all of the criteria above.
  2. We believe it is more expedient to upload your images now rather than later if you haven’t met the sales quota criteria.
Thank you very much for your attention,

Comments

Post a Comment

Popular posts from this blog

Image
Envy Photo 7855 All-in-One Wireless printer from HP is a beast of a printer that is packed full of features.  Picked this printer up as a renewed product deal from Deal Scoop for a fraction of the price it cost brand new.  For a limited time use discount code: PUREREVIEWS ☛ Product featured in this video Features (Checkout HP website for more details and conditions): Stunning photos for less than 5 cents With HP Instant Ink, get ink delivered to your door and print photos for less than five cents. Based on the HP Instant Ink $4.99 plan printing 100 pages per month, ink usage not paper usage, Internet connection to eligible HP printer, valid credit/debit card, email address, and delivery service in your geographic area. Overages are not included in savings calculation. Printers require direct connection to the Internet for program participation. Internet access sold separately. For more details see http://hpinstantink.com.  HP 64 ink cartridges deliver authentic colo
Read more

Cutcaster Overhaul

Image
Cutcaster has never looked more like a professional stock site then they do now.  Over the holidays Cutcaster rolled out a massive update to the site.  If you have not been there in a while you will be shocked with its new look and color scheme.  First up the site is much faster and a lot easier to read.  They have still have the bid option on buying images, but have also expanded with subscription sales and pay per use.  As far as contributors go you will be happy to see that they have reorganized the upload page, your personal profile and basically everything else.  The best part is everything makes sense and is easy to find.  Hopefully this drastic improvement will lead to stronger site viewership and sales.  Great job to the Cutcaster team.
Read more

Alamy Earth Day Project

Image
Alamy is offering a once in a life time opportunity to their members by entering your idea for the 40th earth-day poster. If selected your work will become a global icon and will be shown around the world. Read a word from the president of the company below. Dear Global Photographers, Earth Day Network www.earthday.net is seeking your help to create an official poster for the 40th anniversary of Earth Day, an event that will reach over 1 billion people in more than 180 countries. In 1970, Earth Day brought 20 million people into the streets in a protest against industrial pollution and the impacts that unfettered industrialization had on our children and society. That effort launched of the modern environmental movement, a movement predicated on the health and well being of people and the sustainability of our incredible but fragile earth. Now Earth Day is the largest secular event in the world, bringing people of all ages into the environmental movement
Read more