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Author Topic: Revenue Share being Cut Already  (Read 6693 times)

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« on: October 19, 2017, 08:06 »
+1
"Today were announcing a change to how we calculate net revenue45 (and thereby author earnings) for Elements. Starting January 1, 2018, we will deduct the cost of Tuts+ course creation from Elements gross revenue, before calculating the earnings split with authors.

How did we get here?

Creating a subscription service has a lot of moving parts. One of the most important parts is making sure that whatever is included creates the kind of value that keeps subscribers renewing month after month.

For most of this year Envato has been steadily adding new content into Elements. Weve rolled in our Tuts+ courses subscription valued at $19/mo (including the complete catalogue from A Book Apart ($192 value)), added 250,000 amazing photos and given subscribers access to the invoicing app AND CO.

All of these have been added to Elements to further increase the value of the subscription and provide more reasons for subscribers to stick around longer (who wants to lose access to authors content and all these extras?!).

To date, the cost of Tuts+ course creation (including A Book Apart) has been taken on exclusively by Envato, even though the rewards are shared equally with authors. While this may seem like a great win for authors, its not sustainable long term for Envato or Elements.

So, from January 1, 2018, we will deduct the cost of creating Tuts+ course content from gross revenue in addition to whats already deducted; transactional taxes (such as VAT, GST, sales tax), refunds, chargebacks, affiliate fees, and payment processing fees and then split the remaining amount (net revenue45) between authors and Envato using the subscriber share method16.

This will ensure that well be able to sustain content like this in the future, continue to build the platform and grow the total number of subscribers coming back to Elements month after month.

Whats next?

As we move closer to January 1, 2018, we will update our Elements Author Terms, help centre articles and adjust our earnings calculator to prepare for this change. There is no action required from authors.

We know there will likely be questions around this change and well be around to answer any questions youve got about it. Well answer in batches for the first week and then anything that hasnt been answered on an as-needed basis for the next few weeks."


Chichikov

« Reply #1 on: October 19, 2017, 08:16 »
+7
Arrogant people like those do not deserve my interest, no more

« Reply #2 on: October 19, 2017, 08:17 »
+3
Arrogant people like those do not deserve my interest, no more

There's lot of angry people on the Envanto forum.

rinderart

« Reply #3 on: October 19, 2017, 09:52 »
+1
WOW!!!!!!!!

« Reply #4 on: October 19, 2017, 11:22 »
+1
there is that word - "sustainability"...

I'd be really pissed if they didn't already delete all my stuff.

« Reply #5 on: October 19, 2017, 11:41 »
+2
I have no words. They can justify subtracting anything with the wonky reasoning that what's good for them is good for us. So shady.

« Reply #6 on: October 19, 2017, 12:10 »
0
There's lot of angry people on the Envanto forum.

Which forum? Can't seem to find the thread.

DC


« Reply #7 on: October 19, 2017, 12:15 »
0
There's lot of angry people on the Envanto forum.

Which forum? Can't seem to find the thread.

I got the email from Envato but the link to the forum doesn't work. 

All it says is: Sorry, you don't have access to that topic!

I wonder if people got so angry that they decided to shut down the thread.

Quasarphoto

  • there are no problems only solutions

« Reply #8 on: October 19, 2017, 12:52 »
0
Worked once, they deleted my content, now my approach is: maybe I'll take the time one day to re-load, maybe.

« Reply #9 on: October 19, 2017, 13:11 »
0
So, if I understand well (sorry I'm not english native) the agency put the expenses on the contributors...
This is really WORST than a commission cut, they are going to tell contributors that YOU pay a fee to have a place in agency.
Next step: reopen to any contributor... that pay the fee :)

No thanks. I'm happy the be kicked off from this. Simply ridiculous, I should have to pay for your work cutting from my fee... I don't know any anti basic economy rule choice

If I understand well!

« Reply #10 on: October 19, 2017, 14:11 »
0
There's lot of angry people on the Envanto forum.

Which forum? Can't seem to find the thread.

https://forums.envato.com/t/net-revenue-changes-on-elements/133050

You have to be logged in to read it.

« Reply #11 on: October 19, 2017, 14:28 »
0
There's lot of angry people on the Envanto forum.

Which forum? Can't seem to find the thread.

https://forums.envato.com/t/net-revenue-changes-on-elements/133050

You have to be logged in to read it.

Thanks, but no access. I'm not in the Elements program so maybe that's why. Just wanted to read out of curiosity.

DC


« Reply #12 on: October 19, 2017, 14:41 »
0
There's lot of angry people on the Envanto forum.

Which forum? Can't seem to find the thread.

https://forums.envato.com/t/net-revenue-changes-on-elements/133050

You have to be logged in to read it.

I sell on Elements and I am logged in but still no access.

« Reply #13 on: October 19, 2017, 15:24 »
+2
They're a bunch of charlatans!
« Last Edit: October 19, 2017, 19:45 by Steveball »

GraniteCove

« Reply #14 on: October 19, 2017, 21:31 »
0
A while back I received the invitation to include my portfolio in elements. I did not accept but instead left my account and portfolio to languish there in limbo while I waited to see what direction Envato was going to take with their so called restructuring. I'm glad I waited, because with this I can see where they are going...straight into oblivion. Pulling my portfolio and closing my account first thing in the morning.

Also logged in (Photodune) and can't view it either.
« Last Edit: October 19, 2017, 21:36 by GraniteCove »

Semmick Photo

« Reply #15 on: October 20, 2017, 03:14 »
+3
So happy they deleted all my stuff. Bunch of crooks, the lot of them

« Reply #16 on: October 20, 2017, 09:00 »
0
So happy they deleted all my stuff. Bunch of crooks, the lot of them



Crooks that give more than 100$ bonus each month? Which other non-crooked agency does that?

« Reply #17 on: October 20, 2017, 18:18 »
+1
So happy they deleted all my stuff. Bunch of crooks, the lot of them



Crooks that give more than 100$ bonus each month? Which other non-crooked agency does that?

Not any more...well probably not any more. We need to see how big the cut is now that we are funding their work instead of it coming out of their share of the pie.


 

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