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Author Topic: Canva "Good News"  (Read 636 times)

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« on: November 06, 2018, 03:12 »
0
Now they want to give contributors a percentage of the "sales price", which of course translates to more royalties for you. :(
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Were writing to you to let you know about some changes that Canva is making to its contributor agreement. These changes come off the back of some exciting news - Canva has launched in China! Well be ramping up our operations there over the next several months. Once weve got the product up and running and have a strong customer base well be launching our contributors images for licence. That means another huge market where your images can generate royalties.

Well also be changing our pricing model so we can charge our customers in their local currency. This will remove significant resistance to licence purchasing and translate to more royalties for you. Your royalty rate will still be 35% of the sale price in that jurisdiction, and your royalties will still be paid in USD.


« Reply #1 on: November 06, 2018, 03:22 »
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...Once weve got the product up and running and have a strong customer base well be launching our contributors images for licence....

So the product will initially not have contributors' images available? Just Getty's 37 million+ images?

Anything about how and when the conversion to USD from local currency will happen? I'm sure you recall several agencies playing games with currency conversion rates and timing...

Mir

« Reply #2 on: November 06, 2018, 04:06 »
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Does this mean that they will decrease the sale price?

Noedelhap

  • www.colincramm.com

« Reply #3 on: November 06, 2018, 04:58 »
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Why do they need to 'change their pricing model' for a simple conversion to another currency like CNY? Does China get lower prices than the rest of the world, and if so, why?

« Reply #4 on: November 06, 2018, 05:21 »
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Haven't paid much attention to Canva in a while.  I just know that I could count on them for a pretty consistent $300/month, but so far November is on track to do about $100.  Not sure if this already reflects the "Good News" changes.  Exciting!  :(

PZF

« Reply #5 on: November 06, 2018, 07:39 »
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'......your royalty rate will still be 35% of the sale price in that jurisdiction'
yep, they'll be selling cheaper then.
Exciting news.....

« Reply #6 on: November 06, 2018, 09:28 »
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When you have the words--"Exciting and China" in the same sentence you know your going to make a lot less  :-[


 

PZF

« Reply #7 on: November 07, 2018, 03:50 »
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'......your royalty rate will still be 35% of the sale price in that jurisdiction'
yep, they'll be selling cheaper then.
Exciting news.....
Apparently not! :)

« Reply #8 on: November 07, 2018, 05:08 »
0
'......your royalty rate will still be 35% of the sale price in that jurisdiction'
yep, they'll be selling cheaper then.
Exciting news.....
Apparently not! :)

meaning?


 

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