Sales commissions

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tomoswald
Posts: 3809
Joined: Mon Jun 06, 2016 7:13 pm

Sales commissions

Post by tomoswald » Tue Aug 20, 2019 11:57 am

These have been dropped from 10% to 4% + £0.35 from today. This is predominantly to cover paypals transaction costs and is split as follows:

Paypal: 3.5% + £0.30
Clickasnap commission 0.5% + £0.05

This figure is removed from your profit margin upon a sale. It cannot unfortunately be calculated prior to a sale as postage and taxes are an unknown and variable figure, so take your profit before a sale as an estimate

tomoswald
Posts: 3809
Joined: Mon Jun 06, 2016 7:13 pm

Re: Sales commissions

Post by tomoswald » Tue Aug 20, 2019 12:11 pm

The FAQ has been updated due to some confusion as to how the profits are worked. Hopefully the below will help to clear up some of the confusion around this subject:

Total commission is 4% + £0.35 this is predominantly for paypals transaction costs. Other retailers hide this commission within the 'sale' cost to you, we don't, we charge you exactly what we are charged for the cost of printing your product. Your client is charged the VAT (if applicable) and postage at the rates that it costs us. Therefore, transaction charges are calculated on the whole amount and removed from your profit. (it is against paypals terms and conditions for the purchaser of the product to be charged paypals fees) Commissions are split as follows:

Paypal 3.5% + £0.30

Clickasnap 0.5% + £0.05

Example 1, a print product costs £0.50 and you set a price of £2, and it is bought in the UK

Total sale cost is £2.40

Vat: £0.40

Total commission: £0.45

of which paypal commission is £0.38

Therefore profit is £1.50 - £0.45 = £1.05

Example 2, A print has a cost price of £50, and you set a margin of £25

The product is bought in the US and postage is £10, therefore total cost to client is £85

Total commission: £3.75

Paypal commission £3.27

Clickasnap commission £0.48

Total profit : £21.25

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