How Does It Work?
It's simple really.
- You specify how much you want to earn for each available product type / print size.
- When a print copy is sold, you get 100% of your specified markup amount (except when you set up your personal sales or discounts).
- Once the order is delivered, your earned commissions will be added to your pending balance.
- 30 days after the sale date, the balance is moved from pending to your current balance.
- We send current balance payments at the end of each month. The 30 day delay is necessary to ensure compatibility with our 30 day return policy.
Where Do I Set Up My Markups?
You can set up your Pricing Defaults before you upload your artworks. This way the markup amounts will be automatically filled in for your newly uploaded artworks.
After you upload your artworks, you'll be able to change your markups. You can also click [Edit] on an artwork in your artworks page.
Another option is to use our Bulk Price Change feature to change the print on demand markup for multiple artworks at once.
What Markup Should I Put?
This question has been asked quite a few times. When it comes to setting up your markup amounts, you're in total control. Unlike some other websites, we do not force you to a certain percentage of the product price, because some artists already know how much they want to charge.
If someone wants to purchase a large print, they expect to pay more. But no one will pay more for a print copy if they can get an original for about the same price.
Same can be said about marking up too low. You don’t want people to think of you as a hungry artist. Customers will pay for quality.
If an artist has a reputation to uphold, they put high markup. But this usually works if you are well known and you pretty much know who your clients will be.
I'm Still Not Sure How To Determine The Markup Amounts.
The best advice we could give you is to consult a 3rd party expert. If that's not an option, then a general rule of thumb is to mark up to 30% of the product price.
When marking up for Calendars, Greeting Cards or T-Shirts, an estimated sell price will be shown. It's also a good idea to think from the customer's perspective and price those products accordingly.
The Giclee Print markups apply to a range of products. This could be Canvas Prints with different wrap options, Giclee Art Poster prints (framed or unframed), plus other wide format prints that we might make available in the future (e.g. acrylic prints, metal prints etc). Because the Giclee prints represent different products that have different price ranges, the 30% markup recommendation is a little unclear.
But, for argument's sake, let's take the 30% of gallery wrap canvas prints.
The smallest size is 8x8 inches at the current price of around $27. And 30% of that is roughly $8.10 (let's round it up to $10).
The largest printable Giclee print size (not necessarily canvas) is 60x60 inches at roughly $496.80 and (60x40" for canvas prints at $331.20). So when you set up your pricing defaults, under the [Large to XL] tab, you can set the 60x?? markup to anywhere between $100 to $150.
Setting Up Your Pricing Defaults
One thing that you need to note when setting up Giclee price defaults is that the largest side of your artwork will be used to determine it's default markup pricing.
For example:
If you set $25 for (20" x ??) and $50 for (40" x ??), the price that will pre-load for the (20" x 40") print size of an artwork will be $50.
The double question mark ?? in this case means less than or equal to. For example: 60x?? means 60x60 or 60x40 or 60x20 etc.
Please keep in mind that the default currency for transactions and markups is the USD. This is done in order to avoid any future confusion about how much an artist gets paid.
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