By Lee Torrens
Microstock agencies pretend that all contributors are paid the same. It’s not true. Some contributors earn higher royalty rates than others, and not just across different “levels” and exclusivity options.
It goes by different names at different places, but the one I like best is “VIP royalties”.
I mentioned them when I wrote about negotiating with new agencies a few years ago, but let’s take a closer look.
What are VIP Royalties?
Simply put, they’re a higher royalty rate paid to some contributors. It’s a higher rate of royalties on credit sales, and sometimes also a higher fee on flat-rate subscription payments.
How …read more
Via: Microstock Diaries