V2 coming soon: Prices and other changes
You’ve heard us talk about some big changes coming for quite some time. Well it is finally happening. Version 2 or commonly called by insiders V2 will start to be released in just a few days. At the end of this week, Fotolia will be closed for approximately 12 hours to move our servers and release the new version of the website. No major visual changes have been made from a design point of view, however the entire website has been recoded to improve performances and prepare Fotolia for the future. We are also using this release as an opportunity to introduce changes in the pricing structure. The pricing changes will help simplify purchases and keep Fotolia competitive in the marketplace.
Exclusive Buy Out License
Due to fraud issues and declining buyer interest, we have removed the Exclusive Buyout licenses. New licensing models will be introduced soon
Credit Value
We finally feel it is time to raise our prices however it will not be a drastic change. 1 credit will now cost £0.68 . This value is more accurate and equal to our other international countries who use the Euro as a basis of payment. This should be good news for photographers who will now see a 30% increase in commissions overnight.
Data Base Clean Up
It is time for us to clean the database. Since the beginning of Fotolia, the quality of images has really increased. We have received millions of images and it is now the time to clean the database and give a chance to new images that sell as good as the oldest ones. Quality is and always will be the key to attract good buyers. After the launch of V2, images with no sales for 18 consecutive months will be removed from the Fotolia database.
Prices Changes
To simplify and improve the efficiency of the customer experience we have developed a new pricing system in V2. This new pricing model will bring in more customers and thus more commissions for all photographers.
New Version
The Fotolia team is very excited about the V2 release. We have totally rebuilt the core code and infrastructure of the Fotolia website however maintaining pretty much the same design. V2 will increase stability, performance, and allow for new future opportunities. Searching, editing, and uploading have all been optimized to increase speed, accuracy, and performance. Some of the new features will include Vector support (SVG Files), image folder organization, and a flash upload system. Additional details will be published immediately following the V2 release to more fully describe the new features.
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