Trends At iStockphoto: Unit Sales Decline

Posted on 7/3/2012 by Jim Pickerell | Printable Version | Comments (0)

To make some determination of microstock trends, for more than 3 years we have been tracking the number of downloads of about 200 of iStocks most productive contributors. We have also tracked the number of images each has in the iStock collection.

We believe we have identified in excess of 80% of the iStock contributors that have more than 50,000 total downloads. In the early years this was relatively easy thanks to istockcharts. However, in the spring of 2012 istockcharts stopped supplying daily updates of the sales of more than 38,000 contributors. Then the task of gathering such data became much more laborious. As of the end of June we have tracked 193 of the best selling contributors for more than 18 months and another 37 since the beginning of 2012. We have also added another 210 to our list since January. Thus, in January 2013 we will be able to make our 6 month estimates based on the downloads of 440 of the top contributors.

Of the 193 that we have followed since the beginning of 2011 the combined total downloads as or June 30, 2012 was at least 30,449,000. This group had a minimum of 1,192,000 downloads between January 1, 2012 and the last week of June 2012. The maximum possible downloads by this group for this period was 2,660,000.



Given the way iStock reports downloads on photographers portfolio pages we know that the actual number of downloads for each contributor is somewhat higher than the minimum number reported. For Yuri Arcurs, LiseGagne and DNY59 the number could actually be anything from 1 to 99,999 higher than the minimum number reported. For the next 122 contributors the actual number could be anything from 1 to 9,999 higher and for the 68 with fewer than 100,000 downloads the number could be anything from 1 to 999 higher.

In order to make some rough calculations of the actual number of images downloaded in the past 6 months we have assumed that each contributor was in the middle or his or her possible range and taken an average of the low and high figures. This resulted in an estimated 1,926,000 total downloads for this group.



In January 2012 we used the same strategy for this group of 193 to determine their total downloads for all of 2011. (See here.) The minimum downloads for the full year were 4,327,000 and the possible high was 5,522,000. This gave us an average for 12 months of 4,924,500. If we assume that the first six months and the last six months of 2011 were about equal that would work out to 2,462,250 downloads for the first six months in 2011.

iStock has often argued that the summer is always slow, and the last quarter is always by far the strongest quarter. Based on our calculations we did not see a big difference between the first and last half of the 2011.

Thus, when comparing average downloads of 2,462,250 in the first half of 2011 with the 1,926,000 so far this year we see that there was about a 22% year-to-year decline. It is important to note that it is possible that at the beginning of the year a large portion of the contributors might have just passed their minimum number and now many might be just about to reach their maximum number. This would throw the averages off and could reduce the percent of decline significantly.



Why Is This Important?


This decline in downloads does not necessarily mean a decline in revenue. It is not only possible, but seems likely that an increasingly higher percentage of images licensed are from the higher priced brands (Exclusive+, Vetta and TAC). The company has certainly been pushing these higher priced brands in its search return order. Thus, even with a fall in the number of downloads revenue could still be rising somewhat.

The danger for microstock shooters is that as iStock raises its prices it may be pricing itself out of the market and driving its customers to its competitors. In many cases certain volume customers can now even purchase Rights Managed images for less than what they would have to pay for comparable images on iStockphoto.

There have also been indications for some time that many of iStock’s customers have been switching to other microstock brands. The more the prices go up the more that is likely to continue.

Are Downloads Of So Few Contributors Representative?


As of January 1, 2012 istockcharts reported the total download for 38,163 of iStock contributors was 114,875,519+. This figure was believed to represent well over 90% of all iStock downloads. I estimate that number is now no more than a maximum of 125 million, The minimum number of downloads for the 230 contributors that we have tracked since January is 34,899,000+. This small group of contributors represents about 28% of iStock total downloads. If we add in the 14,582,000+ downloads of the other 210 contributors that I will be tracking going forward we have a minimum total of 49,481,000+, or 40% of all iStock downloads.

To see which contributors we have been tracking and their individual numbers check the chart below. We have tracked the first group for more than 18 months and the second group for only 6 months.

  Downloads             Images    
  1/1/2012 7/1/2012 7/1/2012   6 month 6month   1/1/2012 7/1/2012 6 month
People Low Low High   low high       adds
Yuri Arcurs 1300000 1400000 1500000   100000 200000   9968 11041 1073
LiseGagne 1100000 1100000 1200000   0 100000   7808 7971 163
DNY59 980000 1000000 1100000   20000 50000   8884 9519 635
sjlocke 830000 860000 870000   30000 40000   11315 12038 723
hidesy 670000 690000 700000   20000 30000   16291 17128 837
alexsl 490000 530000 540000   40000 50000   6412 6740 328
jhorracks 510000 520000 530000   10000 20000   6803 7271 468
Nikada 360000 380000 390000   20000 30000   8519 9130 611
duncan1890 340000 350000 360000   10000 20000   8845 9289 444
nico_blue 330000 340000 350000   10000 20000   3457 3460 3
blackred 330000 330000 340000   0 10000   4384 5126 742
sodafish 310000 320000 330000   10000 20000   772 834 62
webphotographeer 300000 320000 330000   20000 30000   11265 11291 26
skodonnell 290000 300000 310000   10000 20000   2825 3131 306
4x6 270000 290000 300000   20000 30000   18702 23150 4448
neustockimages 260000 290000 300000   30000 40000   8128 9675 1547
andresr 270000 280000 290000   10000 20000   3810 4372 562
enjoynz 270000 280000 290000   10000 20000   2788 3028 240
peepo 260000 270000 280000   10000 20000   8241 8301 60
jgroup 250000 260000 270000   10000 20000   1909 1939 30
GlobalP 230000 250000 260000   20000 30000   7594 8253 659
bubaone 230000 240000 250000   10000 20000   14628 15050 422
sdominick 230000 240000 250000   10000 20000   5740 6031 291
shironosov 230000 240000 250000   10000 20000   6550 7629 1079
AndrewJohnson 220000 230000 240000   10000 20000   5309 4232 -1077
Cimmerian 230000 230000 240000   0 10000   3030 3032 2
kirstypargeter 220000 230000 240000   10000 20000   4331 4665 334
mammamaart 220000 230000 240000   10000 20000   1462 1674 212
aldomurillo 200000 220000 230000   20000 30000   6205 6724 519
mstay 210000 220000 230000   10000 20000   6338 7272 934
Mlenny 200000 210000 220000   10000 20000   9067 9459 392
YinYang 190000 210000 220000   20000 30000   8000 8750 750
A-Digit 190000 200000 210000   10000 20000   4157 5076 919
digitalskillet 180000 200000 210000   20000 30000   5700 5854 154
filo 190000 200000 210000   10000 20000   2944 3174 230
bluestocking 180000 190000 200000   10000 20000   924 935 11
enot-poloskun 190000 190000 200000   0 10000   403 429 26
Kativ 190000 190000 200000   0 10000   2202 2353 151
lugo 180000 190000 200000   10000 20000   4420 4460 40
narvikk 180000 190000 200000   10000 20000   2452 2660 208
RapidEye 170000 190000 200000   20000 30000   9446 11149 1703
sx70 180000 190000 200000   10000 20000   2140 2139 -1
TommL 170000 190000 200000   20000 30000   2210 2473 263
appleuzr 170000 180000 190000   10000 20000   1069 1152 83
geopaul 180000 180000 190000   0 10000   2251 2254 3
kcline 230000 180000 190000     -40000   2421 2418 -3
aleksandarvelasevic 150000 160000 170000   10000 20000   457 506 49
billnoll 150000 160000 170000   10000 20000   4025 4514 489
Grafissimo 150000 160000 170000   10000 20000   4131 4355 224
Juanmonino 150000 160000 170000   10000 20000   14749 16676 1927
MorganL 150000 160000 170000   10000 20000   7163 8000 837
Palto 150000 160000 170000   10000 20000   2168 2384 216
Avtg 140000 150000 160000   10000 20000   2340 2540 200
browndogstudios 140000 150000 160000   10000 20000   1094 1128 34
Floortje 140000 150000 160000   10000 20000   5128 5789 661
jacomstephens 140000 150000 160000   10000 20000   2671 2801 130
joshblake 150000 150000 160000   0 10000   1738 1761 23
kemie 140000 150000 160000   10000 20000   1019 1019 0
Maliketh 140000 150000 160000   10000 20000   807 915 108
nyul 140000 150000 160000   10000 20000   3778 3820 42
ooyoo 140000 150000 160000   10000 20000   3840 4273 433
PeskyMonkey 140000 150000 160000   10000 20000   8803 9192 389
aldra 140000 140000 150000   0 10000   8047 8076 29
barsik 130000 140000 150000   10000 20000   2292 2291 -1
Elenathewise 130000 140000 150000   10000 20000   6953 7494 541
fpm 140000 140000 150000   0 10000   454 458 4
LeggNet 140000 140000 150000   0 10000   7900 9382 1482
mbbirdy 140000 140000 150000   0 10000   5577 6119 542
russelltatedotcom 130000 140000 150000   10000 20000   2592 2630 38
snapphoto 130000 140000 150000   10000 20000   4343 4458 115
Stockphoto4U 120000 140000 150000   20000 30000   5189 5785 596
tacojim 140000 140000 150000   0 10000   4336 4339 3
ThePalmer 130000 140000 150000   10000 20000   8582 10809 2227
Ultra_generic 130000 140000 150000   10000 20000   2732 2938 206
francisblack 120000 130000 140000   10000 20000   1070 1217 147
Graffizone 130000 130000 140000   0 10000   4292 4507 215
jsmith 130000 130000 140000   0 10000   618 665 47
koun 130000 130000 140000   0 10000   233 233 0
abzee 120000 120000 130000   0 10000   4143 4625 482
buzbuzzer 120000 120000 130000   0 10000   1902 1923 21
dlewis33 120000 120000 130000   0 10000   4080 4246 166
duckycards 110000 120000 130000   10000 20000   3151 3401 250
EricHood 110000 120000 130000   10000 20000   5308 5768 460
ImagineGolf 120000 120000 130000   0 10000   3816 4208 392
iofoto 110000 120000 130000   10000 20000   1573 1573 0
johnwoodcock 110000 120000 130000   10000 20000   2769 2940 171
kate_sept2004 110000 120000 130000   10000 20000   4487 4641 154
konradlew 110000 120000 130000   10000 20000   1539 1564 25
kycstudio 110000 120000 130000   10000 20000   2112 2314 202
leezsnow 110000 120000 130000   10000 20000   3850 4209 359
Leontura 110000 120000 130000   10000 20000   2113 2426 313
molotovcoketail 120000 120000 130000   0 10000   573 587 14
nano 120000 120000 130000   0 10000   957 956 -1
PhotoEuphoria 120000 120000 130000   0 10000   5126 5126 0
RBFried 120000 120000 130000   0 10000   2868 2867 -1
scottdunlap 110000 120000 130000   10000 20000   390 396 6
Sportstock 120000 120000 130000   0 10000   3217 3251 34
TriggerPhoto 120000 120000 130000   0 10000   2547 2535 -12
Vasko 110000 120000 130000   10000 20000   3747 3852 105
Viorika 120000 120000 130000   0 10000   1869 1870 1
ZoneCreative 110000 120000 130000   10000 20000   3065 3303 238
andipantz 110000 110000 120000   0 10000   7397 7885 488
eyeidea 110000 110000 120000   0 10000   2955 2962 7
Jbryson 100000 110000 120000   10000 20000   5631 6344 713
MarsBars 100000 110000 120000   10000 20000   1071 1155 84
piksel 100000 110000 120000   10000 20000   4827 5388 561
rzdeb 100000 110000 120000   10000 20000   1648 1927 279
veni 110000 110000 120000   0 10000   1342 1348 6
Art-Y 100000 100000 110000   0 10000   690 691 1
belterz 98000 100000 110000   2000 12000   4285 4499 214
DSGPro 100000 100000 110000   0 10000   2173 2172 -1
Eraxion 100000 100000 110000   0 10000   1563 1563 0
ftwitty 98000 100000 110000   2000 12000   2716 2716 0
ggodby 100000 100000 110000   0 10000   622 622 0
gmnicholas 100000 100000 110000   0 10000   3848 3878 30
jangeltun 100000 100000 110000   0 10000   895 981 86
kickstand 100000 100000 110000   0 10000   1402 1431 29
loooby 100000 100000 110000   0 10000   1297 1417 120
lovleah 100000 100000 110000   0 10000   4367 4478 111
LPETTET 100000 100000 110000   0 10000   3760 4000 240
mammuth 94000 100000 110000   6000 16000   3438 3820 382
NickS 100000 100000 110000   0 10000   1774 1778 4
phildate 100000 100000 110000   0 10000   4667 4667 0
redmal 100000 100000 110000   0 10000   1533 1533 0
tomazl 100000 100000 110000   0 10000   3316 3368 52
chuwy 94000 99000 100000   5000 6000   1376 1506 130
lucato 97000 99000 100000   2000 3000   7136 7191 55
onurdongel 94000 99000 100000   5000 6000   749 894 145
subjug 94000 98000 99000   4000 5000   598 617 19
simonox 94000 96000 97000   2000 3000   8871 9358 487
evirgen 91000 95000 96000   4000 5000   541 622 81
aabejon 92000 94000 95000   2000 3000   3500 3511 11
blackjack3D 87000 90000 91000   3000 4000   477 583 106
davidf 87000 90000 91000   3000 4000   5097 5486 389
Illustrious 88000 90000 91000   2000 3000   511 511 0
kameleon007 85000 90000 91000   5000 6000   13404 14112 708
Natural_Warp 89000 90000 91000   1000 2000   1133 1132 -1
Paha_L 87000 89000 90000   2000 3000   4955 5742 787
matka_wariatka 86000 88000 89000   2000 3000   8916 9123 207
penfold 85000 88000 89000   3000 4000   953 949 -4
rontech2000 83000 87000 88000   4000 5000   2328 2423 95
prill 83000 86000 87000   3000 4000   8976 9309 333
arsenik 82000 85000 86000   3000 4000   4890 4982 92
fstop123 79000 84000 85000   5000 6000   7830 8801 971
chictype 79000 81000 82000   2000 3000   744 770 26
YanC 79000 81000 82000   2000 3000   2694 2693 -1
exdez 78000 80000 81000   2000 3000   1510 1581 71
danielle71 78000 78000 79000   0 1000   490 486 -4
JLGutierrez 77000 78000 79000   1000 2000   3237 3242 5
Renphoto 74000 77000 78000   3000 4000   3597 4032 435
sweetym 76000 77000 78000   1000 2000   245 245 0
77DZIGN 75000 76000 77000   1000 2000   1087 1087 0
JoeGough 73000 76000 77000   3000 4000   4310 4696 386
webking 75000 76000 77000   1000 2000   3817 3817 0
Luso 74000 75000 76000   1000 2000   3736 3677 -59
LoBoCo 73000 74000 75000   1000 2000   1706 1706 0
grajte 71000 73000 74000   2000 3000   528 530 2
naphtalina 71000 72000 73000   1000 2000   2999 3143 144
Marje 70000 71000 72000   1000 2000   1735 1793 58
pkline 70000 71000 72000   1000 2000   2730 2729 -1
Ceneri 68000 70000 71000   2000 3000   1701 1728 27
Elerium 69000 70000 71000   1000 2000   569 570 1
endopack 68000 70000 71000   2000 3000   863 910 47
hypergon 69000 70000 71000   1000 2000   577 577 0
jamesbenet 69000 70000 71000   1000 2000   2864 3075 211
Pinopic 69000 70000 71000   1000 2000   740 740 0
Trout55 68000 70000 71000   2000 3000   2762 3014 252
creacart 66000 69000 70000   3000 4000   3516 3598 82
klikk 67000 69000 70000   2000 3000   1407 1407 0
claylib 67000 68000 69000   1000 2000   1310 1321 11
Nic_Taylor 67000 68000 69000   1000 2000   2810 2822 12
susaro 66000 68000 69000   2000 3000   958 1005 47
bonniej 66000 67000 68000   1000 2000   773 775 2
FreeTransform 64000 67000 68000   3000 4000   847 851 4
Akirastock 65000 66000 67000   1000 2000   1013 1013 0
bkindler 65000 66000 67000   1000 2000   971 975 4
groveb 65000 66000 67000   1000 2000   1751 1754 3
keeweeboy 64000 66000 67000   2000 3000   4996 4996 0
StanRohrer 63000 64000 65000   1000 2000   1384 1411 27
zoomstudio 62000 63000 64000   1000 2000   2622 2700 78
laartist 60000 61000 62000   1000 2000   2109 2109 0
mecaleha 60000 61000 62000   1000 2000   1338 1707 369
wolv 60000 61000 62000   1000 2000   1640 1640 0
AngelGILD 59000 59000 60000   0 1000   628 628 0
aykuterdogan 59000 59000 60000   0 1000   175 191 16
dreaming2004 58000 59000 60000   1000 2000   823 836 13
Dizzo 56000 57000 58000   1000 2000   997 997 0
Tolchik 56000 56000 57000   0 1000   1759 1835 76
highhorse 53000 54000 55000   1000 2000   500 500 0
prawny 53000 54000 55000   1000 2000   1572 1572 0
alwyncooper 49000 50000 51000   1000 2000   499 499 0
Skashkin 49000 50000 51000   1000 2000   1978 1979 1
Flutter_97321 48000 48000 49000   0 1000   1105 1112 7
                     
  29307000 30449000 32037000   1192000 2660000 0 700622 747935 47313
                     
                     
monkeybusinessimages 360000 390000 400000   30000 40000   4604 5470 866
skynesher 180000 250000 260000   70000 80000   11208 14855 3647
pixdeluxe 190000 230000 240000   40000 50000   9540 10807 1267
laflor 180000 220000 230000   40000 50000   11735 12957 1222
pagadesign 140000 170000 180000   30000 40000   5293 6220 927
stevecoleimages 150000 160000 170000   10000 20000   1909 2462 553
asiseeit 130000 150000 160000   20000 30000   9442 10551 1109
diego-cervo 110000 120000 130000   10000 20000   3231 3400 169
DomenicoGelermo 120000 120000 130000   0 10000   4724 5121 397
Photomorphic 110000 120000 130000   10000 20000   2164 3060 896
Robynmac 110000 120000 130000   10000 20000   3471 3680 209
akurtz 110000 110000 120000   0 10000   1455 1513 58
H-Gall 100000 110000 120000   10000 20000   522 545 23
LajosRepasi 110000 110000 120000   0 10000   1446 1460 14
1001nights 96000 100000 110000   4000 14000   15557 16051 494
ArtisticCaptures 100000 100000 110000   0 10000   3483 4095 612
deliormanli 96000 100000 110000   4000 14000   1867 2028 161
plainview 100000 100000 110000   0 10000   701 847 146
simonkr 93000 99000 100000   6000 7000   20150 21548 1398
wragg 85000 99000 100000   14000 15000   7889 8442 553
mattjeacock 87000 97000 98000   10000 11000   9158 9740 582
Bim 89000 96000 97000   7000 8000   2253 2579 326
AlexRaths 87000 95000 96000   8000 9000   1927 2175 248
Franck-Boston 89000 95000 96000   6000 7000   3105 3105 0
kzenon 84000 95000 96000   11000 12000   4578 5224 646
sandocir 87000 89000 90000   2000 3000   712 712 0
slobo 82000 88000 89000   6000 7000   4145 4380 235
da-kuk 83000 87000 88000   4000 5000   2356 2455 99
contour99 79000 86000 87000   7000 8000   4113 4493 380
jaroon 79000 84000 85000   5000 6000   6158 6662 504
Petrovich9 82000 84000 85000   2000 3000   206 239 33
sisoje 80000 83000 84000   3000 4000   7753 7924 171
CTRd 81000 82000 83000   1000 2000   587 589 2
melhi 75000 80000 81000   5000 6000   3947 4132 185
Beboy_ltd 76000 79000 80000   3000 4000   1362 1362 0
procurator 73000 77000 78000   4000 5000   648 686 38
mipan 73000 75000 76000   2000 3000   640 710 70
                     
  4056000 4450000 4649000   394000 593000   174039 192279 18240


Copyright © 2011 Jim Pickerell. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-461-7627, e-mail: wvz@fpcubgbf.pbz

Jim Pickerell is founder of www.selling-stock.com, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to: http://www.jimpickerell.com/Curriculum-Vitae.aspx.  

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