MicrostockGroup

I'd like to clarify the Veer Marketplace royalty structure for everyone here.  There's been discussion about our rate of 35%, which is close but not quite correct as it doesn't take into account pricing for Credit Packs and Subscription packages.

The VMP Rate Card now includes pricing so you can more accurately calculate net percentages.  Note: the currency exchange rates will be updated monthly.

For Credit Packs, VMP pays $0.35 per credit, however, the customer price per credit ranges from $1.50 to $0.95 depending on the size of credit package purchased.  As such, contributor royalties will range from 23% to 37% accordingly.  We expect the sweet spot for customer purchases to be mid-range.

For Subscriptions, VMP pays $0.20 per credit.  In this model, contributor royalties range from 24% to 65% again depending on the size of the package purchased and by how many credits are used.  Remember we pay per credit, not per download for subscriptions.

All the pricing details are on the updated Rate Card.  It's been posted to Veer at http://submissions.veer.com. 

Here's the direct link to the PDF:  http://www.veer.com/download/pdf/vmp_ratecard.pdf

Aaron

Aaron,

what are the specific pixel dimensions on your sizes ex S, M, L, XL, etc?

Thanks for the clarification Aaron

Thanks Aaron. Looking forward to the launch date. Had you guys done this months ago instead of starting Snapvillage you would almost certainly be in the big 6 by now. Still better late than never I suppose. 

So, has anyone got any royalties from Veer yet? Where do they show?

Hi Aaron,

I did criticize veer a bit on that other thread. But I believe you deserve some credit for your subscription model. Although I am not delighted for the pay per download percentages, subscription model is more than good to make up for it.