Hey everyone! We've just announced some changes to our marketplace fee structure, as part of a new holistic approach that brings both author and buyer needs into better focus. Our goal is to create a really fantastic experience that benefits both buyers and authors in the long term.
As part of this update, our fees to non-exclusive authors are decreasing which means an increase in net author earnings. For a sale of an item with a list price of $100, a non-exclusive author will now have net earnings of $36 (for comparison, in our old fee structure, they would have received $33). We're working steadily towards a more competitive media offering for photos, footage, and other markets dominated by non-exclusive contributors.
The Become an Author ([url]http://audiojungle.net/make_money/become_an_author[/url]) page has a complete and more visual representation of this breakdown, with a fancy chart and slider :)
You can read more about this change on our Market Blog:As well as our commitment to strengthening our media markets as part of our 2014 Roadmap ([url]http://marketblog.envato.com/news/marketplaces-roadmap-2014/[/url]). Thanks!
- A More Balanced Envato Market ([url]http://marketblog.envato.com/news/balanced-envato-market/[/url])
- Author Rundown of Buyer Services Changes ([url]http://marketblog.envato.com/news/buyer-services/[/url])
OLD VERSION (Purchase price of $10) Buyer pays Author $10 Author pays Envato $6.70 (67%) Author is left with $3.30 | NEW VERSION (Purchase price of $10) Buyer pays Envato $2 (20% platform fee) Buyer pays Author $8 Author pays Envato $4.40 (55% platform fee x $8) Author is left with $3.60 |
The 55% fee on my author page is really confusing and should be changed to 36% royalty. It is really crap to see how much you take from us, just show us what we make. Please.I just spotted the "55.0% of the Item Price is the author fee we're currently charging you." too.