Hello there! I have this question that I wasn’t able to find the answer yet.
Let’s say that I started today at Envato, my author fee is 37.5% and set a VideoHive $50 for the item price (buyer fee is $6). The final price will be $74,75.
Some years later, now I’m a great seller and my author fee is 12.50%.
Here is the question: What is my price now?
I will still earn $50 and the final price will be $62.25?
Or Envato automatically increases my value to keep the final price the same?
If you set your item price to be $50, then your list price (final price) will be $56 with a $6 buyer fee.
Out of those $50, Envato takes 37.5% as the author fee.
When your rate is 12.5%, the list price is still $56, the item price is still $50, but your author fee is only 12.5%. That means you’ll get $43.75 then.
Thank you!! It sounds so obvious now, I don’t know why I thought that the author fee is summed to the final price, when it’s just discounted from my earnings.
Thanks again.
No prob. To be fair, the system Envato has put in place is overly complicated and “unnatural”.