Hey there guys,
Creativity is my bag. Numbers, ain’t so much
So do forgive, but i’m a lil confused. Can someone explain how on a sale of item $22, i make only $6 ?
For example, my item ‘Stars of CCTV’ is listed at $22. A buyer buys it, and it becomes $17.60 ?? how ???
Then out of that $17.60, there’s US witholding tax of $5.28 - making $12.32
And finally, out of that $12.32, Envato rightly takes its cut …(in my case, 54%) - so that’s $5.72 to Collis and co.
Which leaves me with $6.40.
What i really can’t understand is, How does the $22 become $17.60 ?
Am i missing something here?