Introducing Veer Subscriptions
Later this year, Veer will begin offering image buyers the
opportunity to purchase monthly and yearly image subscriptions
through a Veer Subscriptions web site.
The new site will share registration functionality with
veer.com, giving new and current customers convenient access to a
high volume of images at reduced prices. Customers will be able to
download 20 images each day.
Contributor benefits
The subscription model offers a new royalty stream that doesn't
require you to upload images a second time. We're also pleased to
announce a higher royalty rate for contributors than you'll find at
competing microstock web sites, with royalties of between $0.25 and
$4.95 per download.
As an added bonus, your subscription sales and earnings will be
integrated with your current dashboard view on veer.com, allowing
you to keep track of everything in one place. No additional tax
paperwork or contributor agreements are necessary.
Pricing and royalties
Each active subscription has a daily royalty pool that is shared
by contributors whose images have been downloaded. The royalty pool
is divided by the number of images downloaded to determine the
royalty split for that day.
Basic subscriptions have a base royalty pool of $4.95 and come
with basic licenses. If a subscriber downloads one image - your
image - you'll get the entire pool for that subscription, on that
day. If a subscriber downloads 10 images in one day, and only one
of those images is yours, you'll receive one-tenth of that
pool.
If a customer wishes to purchase an extended license for an
image downloaded via subscription, they'll easily be able to do so
through veer.com. You'll earn your standard extended license
royalty in addition to the subscription royalty for that image.
The new rate
card explains the downloads/royalties relationship in more
detail. In your dashboard, you'll be able to tell how many other
images a customer downloaded each day by the royalty shown for any
image listed.
Opting out
The subscription model described above is designed to be lucrative
for the Veer contributor community. As this is a new development
that you might not have been anticipating, we're offering
contributors a one-time opportunity to opt out. As of October 8,
2011, anyone who applies to be a contributor will be automatically
opted in.
To opt out, send an e-mail to
contributorhelp@veer.com with the subject line "Subscription
opt-out." In the body, provide your contributor alias (if
applicable), the e-mail address you registered with if different
from this one, and include the message "I do not wish to
participate in the Veer Subscription program at this time. Please
exclude my images from the subscription web site."
Opt-out e-mails must be time-stamped before 11:59 pm (PST),
October 21, 2011.
(Image used: 366896)
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