explain 5% transaction fee on >20% commission
mainstay
Posted: Wednesday, May 14, 2008 10:07:42 AM

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Joined: 1/20/2007
Posts: 23
I have read the details about a 5% transaction fee on commisions over 20%. Can soeone give an example of how this works. If my item has 25% commission does that mean it really is the same as 20%??

From my figures it looks like 30% commission is calculated as about 28.5%.
KRWDesigns
Posted: Wednesday, May 14, 2008 11:49:54 AM

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Joined: 7/25/2006
Posts: 2,650
I believe, and I may be wrong, that it is 5% of your royalty that the fee comes from. So, for example, if you earned a royalty of $10 on a sale, they would take $0.50.
DT_Occasions
Posted: Wednesday, May 14, 2008 12:39:25 PM

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Joined: 5/31/2007
Posts: 371
KRWDesigns wrote:
I believe, and I may be wrong, that it is 5% of your royalty that the fee comes from. So, for example, if you earned a royalty of $10 on a sale, they would take $0.50.


oh really .. I thought it was off the whole product price .. if thats the case thats not so bad at all
KRWDesigns
Posted: Wednesday, May 14, 2008 12:52:38 PM

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Joined: 7/25/2006
Posts: 2,650
I could be wrong - I'm not certain.
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