This blog is my attempt to keep track of some of the things I learn along the way, with my Canon 7D, G12 and accessories. All images copyright Brad Calkins, not to be used without permission (or purchase). I do not attempt to monetize my blog, other than to promote my stock photo portfolio on Dreamstime.

Wednesday, December 16, 2009

Wow! DT corrects mistake...

DT Announces error in our favor...

On a lot of levels it isn't necessarily good news, but it certainly has a happy results. DT has found that they were shorting exclusive contributors. I've actually e-mailed support as ever since the last price update (going from $1 per credit to $1.67 or so) I seem to have less, not more per credit revenue. I used to routinely get $0.60 from a 1 credit sale (i.e. 60% commission on a $1 credit). Since the update I have only seen about 3 (out of thousands!) cases where I got more than $0.60. I've been getting $.35-$.50 per credit for most. This was bad news on a few levels - first it meant that despite a big jump in price I saw no more income per sale. Higher prices should discourage use a bit so you'd hope the jump in royalties would more than offset the prices (as they would if buyers were not really price concious at this level). I was worried that the jump in prices would mean more buyers were getting pushed to subscriptions. In effect, I was basically seeing NO NEW CREDIT PURCHASES - based only on per credit revenue. This was troublesome to say the least. I e-mailed support and they responded that sales must be coming through partners, hence the lower income. As recently as two days ago I was starting to go through the earnings reports to try and show my per credit revenue over time - which should be going up and wasn't.

We'll today they announced that they were shorting exclusive contributors and are adding the dollars back to accounts. They say it is a few cents per sale, but I've got over a thousand sales in the last few months so that adds up - over $300 already... Something to smile about - not so much for the $300 (which is nice, of course!) but more so for the expected rise in RPD. Going forward I'll be getting more per sale than I have. I did a quick calculation and this boost in earnings has raised my RPD for ALL SALES (not just recent credit sales) by 10 cents - that is significant!

My take on this is that DT messed up after the last drop in non-exclusive royalties a few months ago and applied that to exclusives as well. Pure speculation, of course, but that would agree with the approximate dollar value, and number of sales affected. Combined with the recent news about levels going up, this could mean quite a difference for the new year in terms of RPD.

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