Stock library Depositphotos introduces new pricing model
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.