Royalty above 15% transaction fee

andyodell
Contributor II

 

I have noticed that one of my products has a royalty fee above 15%. I can't remember the reason for me doing this but I am now reviewing it.

Is the small transaction fee £0.01 per product (if ordering more than one card) or just for the whole order?

Are many here using a royalty above 15% with good results?

Thanks

 

2 REPLIES 2

ColsCreations
Honored Contributor II

For royalties 15% or higher,  a Transaction Fee of 5% of the gross royalty is deducted.

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Barbara
Esteemed Contributor

A lot of people use higher royalties, some across the board and some for specific products where, below 15%, it's hardly worth it. If you're considering raising your royalty, you have to calculate how high you have to raise it so you don't end up actually losing money such as you most likely did with the 15% royalty.