How does this Royalty rate work?

Discussion started by whereisjoe

a few days ago, I took a $100 3D job, and got $68 in the end. and I saw this $1000 job today, when I tried to apply it, system shows my earning is $ 578.90, so I'm confused about how this royalty rate work. and I couldn't find any information regarding to how the money is calculated. Can anyone tell me why is that please?

Answers

Posted about 8 years ago
1

It could be that some contractors are located in EU countries and additionally VAT is deduced.

whereisjoe wrote
whereisjoe
sounds possible, thanks for the hint.
Posted about 8 years ago
2

may be these website keep secrets we know nothing about!!

whereisjoe wrote
whereisjoe
wow, my mind is blown. right, you never know,
nahlabakr wrote
nahlabakr
yeah I understand how you feel :) , it is online Business which we can never beat.
Posted about 8 years ago
3

Hey

For jobs on cgtrader i know that they

Deduct vat for eu countries or any tax that is required
Then they deduct payment processing
Then your royalty rate mine is 70% and walla thats how its done

Source if u have completed your job look at my sales.

nahlabakr wrote
nahlabakr
okay that may help us understand how it goes :) thanks
Posted about 8 years ago
2

Indeed, as others already mentioned, I always get lower payments for european sales because of VAT. E.g. if someone from the netherlands buys one of my models, I lose 21% to VAT. Someone from france, then it's 20%, according to my sales log.

nahlabakr wrote
nahlabakr
definitly sad & annoying :( we do the best of the work but our sales are not good enough as we wish.
angela-vonwartburg wrote
angela-vonwartburg
Well, go over to Turbosquid and you will get much less, so personally, I am still very happy with the cgtrader royalties even though with VAT they go down to about 50% here.
Posted almost 5 years ago
2

CGTrader has a system where the better you do, the more you get payed. Which is funny since you need the money more in the beginning and its overall just dumb. I think it should be a flat rate for everyone and since they take such a huge chunk, they should be acting more like our agents than just a website. lol

Right now, for me, CGTrader takes 30% of my price, Paypal takes a tiny bit for processing fees and there is a section in my sales that says "after taxes" but thats just the processing fee. Maybe the processing fee includes taxes. I don't know.

So a $10 sale gives me $6.67. Both yours and mine leads to about half what the sale is. Most likely for you, the taxes and processing fees are taking a larger chunk since you have a larger sale. Or maybe CGTrader abides by each country's rules making your taxes higher than mine. Or maybe there is more at play. I don't know but those are my guesses.

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