LookStat – Official Blog

We’ve been working hard to significantly upgrade our analytics product and we’re getting very close to releasing it to our users. The system is about to enter a limited beta so we can get feedback on what’s working and what isn’t.

We are really excited about this upcoming upgrade and the potential it will have to help our users figure out which shoots are working and where to spend their time. There are many new changes and metrics available and I’ll be talking about them all over the next few days and weeks. Some highlights:

• True Daily RPI calculations
• Earnings, Downloads, Images online
• Sell-through rate
• Collection RPIs – compare your shoots apples to apples!
• lots more to come!

It has been too long since we’ve updated our stats product and this has changed. I hope you’re going to be excited about what you see and I’m confident the data will give you an edge that will help you sell more microstock!

As I mentioned, we will be reaching out to a small group of users and will be running a very tightly controlled beta. If you’re interested in trying out the service, please contact us and we’ll add you to our list!

To the many users that have trusted us so far, thanks for your support and please help us spread the word.

Camping was #5 on our list of Top 10 US Activities based on number of participants. Given its importance, I decided to take a look at the demographic and gender trends associated with camping.

Camping Participation by Age & Gender

Source: National Sporting Goods Association

Source: National Sporting Goods Association

Some points to note:

• 47.5 million people took part in some form of overnight camping in 2007.
• Camping skews somewhat younger – 71.5% of participants are aged 44 or younger. I was a little surprised by this given the popularity of camping for those aged 55+. Even though it is a popular senior activity, when planning shoots, thinking younger may be a better way to go.
• There is no meaningful gender skew with roughly equal numbers of male & female participants
• There’s strong youth & adult participation supporting the fact that it’s a popular family activity

I’ll be looking at search trends, top keywords & stock trends in subsequent posts. Stay tuned!

Source: National Sporting Goods Manufacturers Association

The chart above shows the Top 10 Leisure Activities for USA participants aged 55 and older from 2007.

Points to Note:

• Swimming & Fishing were higher on the list than I expected
• Overnight camping in the USA often involves a car or a recreational vehicle (RV) (if you look at the top searches for camping, the first two terms related to RV camping)

About This Post

This is the second post in a two part series on Cycling. The first post covered search and demographic trends and this post focuses on stock photography trends related to this topic.

Stock Photography Trends for ‘Cycling’

I decided to search for ‘cycling’ as opposed to ‘bicycle’ to search for images about the activity rather than actual images of bicycles. Also, since ‘cycling’ was the top keyword identified in the search trends, this seemed like a valid approach.

Number of Stock Image Results

I find it fascinating that Getty has more results than most of the microstock sites and that Fotolia and Dreamstime are so far behind iStock & Shutterstock in terms of image count. Links to the default searches from each site are listed below:

• Corbis
• Dreamstime
• Fotolia
• Getty
• iStockphoto
• Shutterstock

Best Selling Images

I did a search for ‘cycling’ on istock and sorted the list by downloads. As the screenshot below shows, four of the top five images are of recreational cycling involving mountain bikes. This lines up well with the reasons why people ride (73% recreation) and most popular bike types (28.5% mountain bikes) highlighted in the first post. The top two images (with over 9,300 combined downloads) belong to Monkey Business Images. These images combine a popular activity – recreational cycling, with a popular demographic – active seniors. It’s rare to see images from non-exclusive contributors in the top echelons of iStock downloads so kudos are definitely due to Monkey Business.

Paying Attention to Details

Another interesting thing that popped up was the fact that not all images with ‘cycling’ had the keyword ‘bicycle’ in them. If you search for ‘cycling’ and NOT ‘bicycle’ on the sites above, you’ll see that 15-25% of the images have ‘cycling’ but not bicycle. This is a big missed opportunity since ‘bicycle’ is the number two search term in this area. While I can appreciate that not every image of a bicycle involves the activity of cycling, I’m fairly confident that the vast majority of images of people cycling involve bicycles.

For example, searching for images of cycling that exclude bicycles, motorcycles, unicycles etc, returns 2000+ results on istock. You can see from the screenshot below that bicycle would have been a relevant term.

Conclusions

• Pay attention to your keywords
• Recreation, lifestyle and mountain bikes are where the volume is
• All age groups are relevant when it comes to recreational cycling

Conclusions from Part 1 (for Reference)

• Most americans cycle for recreation & fitness – make sure these concepts are featured in both your images & your keywords
• The fact that cycling is popular with kids and mid-age adults and that its primarily about recreation suggests that cycling is a popular family activity and this is a concept worth exploring for lifestyle shoots.
• The most popular bike type worldwide is the mountain bike, by almost 2:1. This doesn’t mean that road bikes are not important, but if you’re shooting cycling it’s important to be aware of the relative popularity.
• Cycling as a term is closely tied to the sport, but it should be part of your image keywords anyway
• If you’re shooting racing & roadies, then make sure you get your images online before the Tour! From a stock image perspective, 2-3 months before the event is the time to upload
• It’s important to use different variations when keywording your images for stock & SEO. This is somewhat moot for iStock exclusives given the CV, but still important for Titles & Descriptions given their importance to SEO

Nielsenwire has an article on their blog, called “US Demographics are Changing…Are Your Marketing Plans Ready?”, which was posted on March 10. In the article, Tom Pirovano, Director of Industry Insights at Nielsen writes about the fact that by 2050 over half the US population will be non-white (according to the US census) and discusses some of the marketing implications, with a focus on consumer packaged goods (CPG) sales.

Some snippets from the article:

• “Hispanic shoppers tend to spend more on categories for babies and children — (Hispanic households represent 11.8% of CPG total spending, but 16.6% of disposable diaper sales.)”
• “African American shoppers tend to spend more on health and beauty products, like fragrance (African Americans represent 11.0% of CPG total spending, but 20.3% of dollars spent in beauty supply stores.)”
• “Asian American shoppers tend to spend more in club stores. Asian Americans represent 3% of CPG total spending, but 5.5% of dollars spent in warehouse clubs.”

In another article on 2009 Muti-cultural ad spending, there are two tables which outline top advertising categories for Spanish & African American media. The top growth categories in 2009 were Satellite Communications services for Spanish media and Insurance (general & auto) for African American media. The end of the article contains details on how the company defines the two media segments and also lists details on categories and their sizes in dollars.

Implications

• Ethnic diversity is an important part of stock photography shoot planning. As you plan your shoots, it’s worth digging deeper into trends by segment so you can incorporate elements that matter to the demographics you are targeting.
• It’s not easy to incorporate CPG ideas into shoots since most products are heavily branded, and it’s often hard to get permission to shoot in a store, for example. Still, with some creativity it’s definitely possible to illustrate concepts like shopping in bulk, shopping for beauty products vs. kids products etc.

Bicycle riding was number 5 on our list of fastest growing leisure activities and was ranked number 6 in terms of total participants. This post, which will be part of a two part series focuses on:

• Demographic Trends
• Search Trends
• Top Search Keywords

The second post will focus on stock photography trends and data and will link back to this one.

2007 Participation by Gender

Source: Statistical Abstract of the United States

2007 Participation by Age

Source: Statistical Abstract of the United States

As you can see from the above data, cycling is evenly balanced across gender and generally skews lower in terms of participation by age (76% of participants are 44 or younger).

Best Selling Bike Types (from our earlier post: Cycling – Interesting Industry Stats)

Why People Ride (from our earlier post: Cycling – Interesting Industry Stats)

The major conclusions from the demographic data are:

• Cycling is evenly balanced across genders and skews younger
• Mountain-bike styled bikes (including the hybrid category) are the most common type of bike sold
• Youth bikes are important and the 7-11 age group is the largest single participant category
• The vast majority of people cycle for recreation first and fitness second
• Based on the local maxima in the age chart at the low end and in the middle, I would guess that families cycling together is a viable shoot concept

Search Trends

Pinning down search trends isn’t easy because some of the terms have very specific meanings. For example, a search for cycling skews heavily towards the sport of cycling and the keywords around it are focused on racing while searches for ‘bicycle’ tend of focus on bike and bike parts purchasing. In this section, I’m going to show a composite chart to give you a sense for relative search volumes and trends.

As you can see from the screenshot of Google Insights Data for ‘bicycle’, ‘cycling’ & ‘bike riding’, There’s a steady seasonal climb in interest from January to July and a fairly symmetric decline from July through the end of the year. The red line in the chart above is the search trends for ‘cycling’ and it peaks in the first week of July after being generally flat throughout the year. This coincides perfectly with the Tour de France. Although the scale dampens the effect slightly, there is a 50% increase in searches related to ‘cycling’ in the peak week when compared to the week immediately before it.

I also decided to take a look at searches for road bikes vs. mountain bikes to cross-check the demographic data and the results are entirely consistent. In the USA, mountain bikes are searched for 1.7x more often than road bikes are and this is virtually identical to the data from the National Bicycle Dealers Association. (Also, this isn’t just a US phenomenon – the results are the same when looking at worldwide search trends.)

Top Search Keywords

As I mentioned above, it can be challenging to identify the best keywords across all types of bicycle related shoots since they are so different. To get some sense of aggregate importance, I put in a range of terms and then sorted the results from the adwords keyword tool by search volume. The top 20 results are in the table below:

Conclusions

• Most americans cycle for recreation & fitness – make sure these concepts are featured in both your images & your keywords
• The fact that cycling is popular with kids and mid-age adults and that its primarily about recreation suggests that cycling is a popular family activity and this is a concept worth exploring for lifestyle shoots.
• The most popular bike type worldwide is the mountain bike, by almost 2:1. This doesn’t mean that road bikes are not important, but if you’re shooting cycling it’s important to be aware of the relative popularity.
• Cycling as a term is closely tied to the sport, but it should be part of your image keywords anyway
• If you’re shooting racing & roadies, then make sure you get your images online before the Tour! From a stock image perspective, 2-3 months before the event is the time to upload
• It’s important to use different variations when keywording your images for stock & SEO. This is somewhat moot for iStock exclusives given the CV, but still important for Titles & Descriptions given their importance to SEO

Luis Alvarez, who shoots for iStock & Getty, has a great post on his blog about how he uses LookStat collections to track his shoot ROI.

It was only just recently, about 3 weeks ago, that I had a deeper look into LookStat.com, and was surprised to finally discover a tool to help me improve measuring return on investment (ROI). In LookStat you can set up a collection of pictures (suitably the results of one photo session) and LookStat will tell you how much money those pictures have generated. You have different viewing options and charts, making it easy to understand.

Luis’s approach is to invest in research and quality. This in turn means that he’s careful about tracking his return. His top returning series is shown below:

We created the collections feature to allow photographers to do just this. Stay tuned for more on this coming soon!

Luis also has another post about his Getty & iStock earnings trends. This too is well worth a read and his final chart on iStock vs. Getty RPI is fascinating. It lines up well with our thoughts about the rapidly fading distinction between microstock & traditional stock photography.

You can check out Luis’ work at iStock and you he’s @velaphoto on twitter.

I’ll be covering cycling in more detail in a couple of weeks but I came across some interesting stats that are worth sharing.

Share of Units Sold by Type

Source: National Bicycle Dealers Association (NBDA)

As you can clearly see from the chart above, mountain bikes were the single largest category of bicycles sold by specialty bike stores in 2008. In addition, the comfort & hybrid classes can be thought of as less aggressive mountain bikes. This is worth keeping in mind as you think about stock shoots in this category. Youth cycling is also a large category and should be explored.

Specialty Bicycle Retailers Generate Most of the Dollars

According to the NBDA statistics, specialty bicycle stores account for only 17% of units, but 50% of dollars generated in the industry. They also account for almost all the services & parts revenues. If you’re planning a retail oriented shoot in this category, specialty stores are the way to go.

Why People Ride

Source: National Bicycle Dealers Association (NBDA)

Although the data above are from a 2006 survey of why adults ride, changes are not likely to be major. It’s clear that recreation is the primary reason people ride and that lines up well with the fact that mountain & comfort bikes make up the major portion of bike sales. (Note: the data add up to more than 100% because people ride for more than one reason.)

What About Commuting?

According to the League of Amercian Bicyclists analysis of 2008 Census data, 0.55% of Americans use a bicycle as their primary means of getting to work. Although this represents significant growth from it’s levels in prior years, it’s a tiny fraction of the total. They have published an online spreadsheet ranking cities by % of bicycle commuters – Portland, Minneapolis & Seattle are the top 3 US cities.

Implications for Shoot Planning

• Mountain bikes and comfort bikes are the dominant category of bike sold
• Recreation is the main reason that people ride
• Bicycling commuting in the USA is a tiny portion of the total, even though it is growing.
• Watch those logos! Bicycle frames, components and tires are almost completely covered in logos. I recommend dealing with this on the bike with tape & paint rather than spending days of Photoshop time cleaning things up in post-production.

One point to note is that I expect the picture to be significantly different in Europe where there is a strong road biking tradition and many more people commute by bike.

Upcoming Posts

Future posts on cycling will focus on recreation and will go into demographics & stock photography trends.

Walking for exercise was the most popular activity in terms of number of participants and was in the top ten when it came to year over year growth on our list of top leisure activities. Given an aging population, and a tough economy, it’s not surprising that walking is a popular leisure activity. To provide some context, in 2008, there were 96.6 million people who participated in ‘walking’ compared to ‘golf’ which had 25.5 million participants. Also, the number of walkers in 2008 was 11% higher than it was in 2007 which saw 89.9 million participants.

This will be a two part series. In this post, I’m going to look at:

• Demographic & Gender Trends for Walking in the USA
• Footwear Spending by Category
• Walking Shoe Purchasers by Age & Gender
• Top Search Keywords

The second post will focus on stock photography related to ‘walking’ and will link back to this one.

Participation by Gender

Source: NSGA, Statistical Abstract of the USA

Participation by Age

Source: NSGA, Statistical Abstract of the USA

Walking as a means of exercise clearly skews older (49% of participants 45 or older) and female (62.5% female). This data is also supported by the footwear spending data as you’ll see below.

Footwear Spending by Type of Shoe

Walking shoes accounted for 33% of the $12.5 billion dollars spent on footwear in 2007 (data for 2008 were projected to be similar and 2009 data are not available yet but if anything, I’d expect this to be more pronounced.)

Walking shoe Purchasers by Gender & Age

Digging into the walking shoe purchasers show that the same trends apply as the overall participation in walking. 45-64 is the biggest age group and the percentage of female users is identical to the percentage of female walkers.

Search Trends for Walking & Walking Shoes

The chart below shows data from Google Insights for ‘exercise walking’ and ‘walking shoes’ from 2008 to 2010.

There isn’t much seasonality, but ‘walking shoes’ are searched for 5 times more often than ‘exercise walking.’ This surprised me initially, but intuitively it makes sense that people would be searching for ‘walking shoes’ as opposed to for ‘exercise walking.’ The same caveats as those in our comments on running shoes apply – be careful of trademarked designs & logos.

Top Searches Related to ‘Exercise Walking’

Conclusions

• Walking for exercise is the top leisure activity in the USA in terms of participation with close to 100 million people taking part in 2008!
• Demographically speaking, the participants skew older & female; the top age segment is 45-64 years old.
• Walking shoes represent the top footwear category in the USA and the demographics (not surprisingly) map closely with walkers.
• ‘Walking shoes’ should be part of your keywording strategy since they are a high volume search query
• Top related keywords are: “exercise, weight loss, calories, walking shoes”

I think the demographic trends around walking are fairly clear. This lines up well with general demand for imagery around ‘active seniors’ and this is something I’ll dive into in more detail in the second part of this post. Stay tuned and comments and feedback are always appreciated!