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Third Party Sales Program

Some photographers have been asking for more information on our third party sales program. Unfortunately, I’ve haven’t had the time to write more about how it works – until now. We’ve finally added a page with information on our 3rd party program.
To give a a short update, this is what the introduction says:

YayMicro offers a 3rd party sales program for our top photographers. This is an exclusive program where we promote and sell images through a growing network of partners. This requires no extra work for the contributor, but can generate a steady stream of revenue.

This program was introduced in January 2009 and has since then grown into one of our most profitable sales channels. There are a lot of image agencies in the world, and many of them are having trouble getting the content they want. We use our experience from the industry to collect photographers that fits an agency’s needs. YAY represents over 5466 photographers from around the world and has an image collection of 920 000. This brings us into an exclusive range of agencies, because most of the world’s image agencies have a rather small collection of their own – while they resell the content of other agencies.

These smaller agencies have until now been locked down for the average microstock contributor. We can help you get your collection to a range of different agencies around the world.

If you have any further questions, please feel free to send an email to contribute@yaymicro.com or comment this blogpost. We’ll soon start a new collection, so follow the blog and start making your own project folder now.

Jan

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Statistics from the Sales Department

There have been a few inquiries on how sales are developing at YAY Micro. A few contributors have terminated their account with us, because they haven’t seen the anticapted growth in sales. Deleting accounts makes little sense for contributors and for us. It requires work both from our photographers and approvers before an image is added to the database. When that is done, however, the image is ready for sales and no more work is needed. Anyhow, we do agree that it is about time that we give a status update on how sales are going. We can’t give you too much detail; there are nosy competitors out there.

So, how are sales developing at YAY? The answer is very promising! The number of downloads since September 2008 (we opened for sales in June 2008) has increased with a whopping 28 % per month. In 2009 the average monthly increase was even higher, namely 32 %. There are seasonal variations in the number of download (f.ex. July 2009 had 67 % fewer downloads than June 2009).

Graph:

Number of salesNumber of downloads per month 2009

In regards to photographer’s payouts, the numbers are even better looking for our contributors. The total payout during 2009 grew by 67 % per month! That means that our contributors are starting to earn some good cash. Even when compared to the number of contributors (grows at an average of 5 %), both downloads and payouts are looking increasingly good.

That doesn’t mean that we are resting on our laurels. Quite the opposite: We’ve increased our staff and will now add more resources into sales. We will also start more aggressive marketing towards both contributors and customers in China. Keep those uploads coming and we will guarantee that you will earn money. YAY started from scratch two years ago – and building a site requires patience. As the chinese say: Even the tallest tower started from the ground.

Happy microstocking!

Jan

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Third party sales

Money BagI’m happy to say that we’ve received the results from third party sales for Q3 and the money should arrive late next week! Results are on average a bit lower per image for Q3 than Q2, which of course is because of summer months and also because of changes in currency. Not all images we sent over has been admitted to the third party sales, that means that some of the newcomers will be represented with only a few images. In addition to this the new images were added gradually over the quarter, which means that sales for all newcomers will increase significantly in the next quarter. All participants will receive an email when the commission has been paid.

It is obvious that third party sales is a good addition in income for our contributors and we are working hard to increase the amount of images and also looking into other partners that can redistribute our images.

Jan

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Results from third party sales

one euro and changeWe have finally received all data on third party sales from second quarter and are sending out emails to contributing contributors at this moment. We are quite happy with the results from this quarter – and some of you will get a nice surprise.

As these results are from the second quarter they will not include images from the latest batch. That means that contributors who was added to the third party deal in May/June will have to patiently wait until next quarter.

As we’ve said earlier are we also working on other third party deals, as this is a nice addition to the income of our top contributors.

Jan.

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Image of the day: Vein pattern

Macro images can impress. This close-up by cascoly of a wisteria leaf has beautiful colours and a fascinating, almost fractal, pattern.

yay-1223993

Jan

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