Let's get the upside out of the way here - SpiderPic is a great solution for the photo buyer, in the short term. SpiderPic is an aggregator that brings together search results across microstock sites, showing you your results, and in examples like at right, where there are identical images - which place has the best price. Paul Melcher, in his piece - A Microstock Price War? - has a good analysis of this service, and was where I first learned about it.
I have not delved deep into the ownership of SpiderPic, but what I have learned is that their revenue is from referrals to each of the microstock sites, where they take a piece of each transaction. Melcher is right - this will create a price war. Further, guess what - the loser will be - that's right - the photographer.
But how stupid can these photographers really be?
I have not delved deep into the ownership of SpiderPic, but what I have learned is that their revenue is from referrals to each of the microstock sites, where they take a piece of each transaction. Melcher is right - this will create a price war. Further, guess what - the loser will be - that's right - the photographer.
But how stupid can these photographers really be?
(Continued after the Jump)
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