World’s First User-Generated Source of Images and Vectors Offers Most Flexible Payment and Licensing Options.
San Francisco March 11th, 2009. Cutcaster, the world’s first untapped source user generated images and vectors that can be securely licensed through it’s dynamic marketplace, announced the release of two new ways to purchase photos and vector illustrations. Cutcaster Corporate Accounts and Cutcaster Credits will empower buyers, reward them with deep discounts and make licensing royalty free images and vectors organized and cost effective. These new payment options are in addition to the micropayment pay-as-you-go purchasing system and content bidding model that Cutcaster currently uses
“Accounting departments and mangers can take a deep breath as they no longer need to keep track of multiple accounts, the piles of invoices on their desks or getting their private credit card reimbursed by their company later,” explains John Griffin, founder of Cutcaster. “The new Cutcaster Corporate Account and the Cutcaster Credit packages provide total flexibility and control over media buying. Our goal is to provide the highest level of customer service and offer solutions that meet the media buying industry's needs.”
The new corporate accounts enable Account Admins to track purchases, download high resolution comps, create unlimited sub-accounts, purchase credits for their account and pass them to the sub-accounts, organize their licenses and manage their account with customizable reporting tools. The corporate accounts can be customized to you’re your changing needs and corporate structure. Cutcaster Credits can be purchased by any registered user and will be sold at a discount. For as little as $45, one can purchase 50 to 5000 credits and when paying, 1 credit will equal $1 on the site. Subscribers can access the same royalty-free content as the ”pay-as-you-go” customers but now have the flexibility to purchase content with credits as well as the option to receive an invoice.
“Cutcaster is providing customers two more ways to buy from the largest untapped source of user generated content on the web,” Griffin said, who launched Cutcaster last year and has been growing the image and vector library by around 15,000 new files a week. “We offer a secure way to purchase and license new content that didn’t exist before in the shallow pool of stock out there. Our larger clients kept telling us that they liked the quality and new selection we were providing in the marketplace over others in the industry, but they needed alternative payment models to provide the most flexible and cost effective licensing experience. These new packages offer a perfect solution for our largest publishing, advertising and graphic design customers.”
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Cutcaster has tapped into a new and unique source of photo and vector illustrations that can be purchased for any kind of publishing, web design project, printing brochures, advertising, annual reports or electronic usage on websites and presentations. We have created the first model that adds structure to support licensing user-generated photography and vectors when you don't have the budget to create it yourself. Sellers can set their prices or those new to the world of licensing can use the Cutcaster Algorithm to find the fair market price. We have been described as the "Nasdaq of digital media" or even "the answer to Flickr" for licensing images and vector illustrations. Our licenses are one time royalty free, extended use licenses and cost anywhere from 5 to 20 dollars on average for a high resolution file.