Analytics is a big part of helping contributors operate more profitably and we’re making improvements rapidly (contact us to try out the latest upgrades). We have much more we want to do and new features that you’ll see in very short order. However, to keep investing in analytics and improving the service, we need to start charging for it. Our proposed pricing plan is shown below.

Proposed Pricing Plan for LookStat Analytics

Free, as in Free
We always plan to offer a free service and it is a huge step forward from the service that most of you access as LookStat today. The free plan gives you all the metrics that we have added to the system like RPI, Sell-through-rate, images added, downloads, and image level data. You’ll also be able to compare your shoots and collections to see how you are doing and which parts of your portfolio are the most profitable. Your stats will be uploaded less frequently but any improvements we make to core features and any new sites we add will be available to all users, free or paid.

If you have more than 5 collections but choose the free version of the service, we won’t eliminate anything. You’ll still be able to view and explore any collections you have created. For those of you that stick with the free version, you’ll see a much more powerful stats system than the one you’ve grown accustomed to.

Paid Plans
The paid plans increase the number of collections you can have, and give you more ways to slice and dice your data. If you’re a full-time microstock contributor, knowing what’s working and what isn’t and where things are going is critical. Understanding the RPI of one shoot versus another or which models earn the most in your business images versus lifestyle images can make a major difference in earnings.

Users of Pro & Max plans will be able to enter the cost for a collection and then track its ROI and how quickly it becomes profitable. The Pro & Max plans also add custom time periods so you can view how a collection performed in the Summer vs. the Winter, for example. Data update frequency goes up to once daily for Pro and twice daily for Max plan users.

Users who choose the most expensive plan get unlimited access to all features and also get customized insight and analysis. They will also be the first to get access to major new functionality such as benchmarking or keyword sales analysis.

If microstock is a major source of income for you, we think you’ll find that the Max and Pro plans will unlock a lot of value and will be a big help in profitable shoot planning.

We Need Your Input

Our users have always been a huge part of shaping what we do and I’d love your reaction to our proposed pricing. If you haven’t already done so, please contact us to get access to the beta. There is no charge for anything at the moment and you’ll still be able to access any collections you create once we make the transition. I’ll be posting next week about transition plans and how we plan to roll out the new services to everyone. In the meantime, please don’t be shy – tell me what you think.