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Ready Pattern Seller Blog

How much does a seller earn on Ready Pattern for each sale?

by Elettra Francis

May 4, 2020 17:13 label 4 minutes read label Leave a comment

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Sellers have no limits to earning on Ready Pattern. The boundries are set by the sellers themselves on basis on experience, patience and market research. Ready Pattern allows a seller to set his own selling price on Ready Pattern, as a result, there are no restrictions on earnings. Fees are only calculated when an actual sale is made, there are no other selling fees on Ready Pattern. 

The selling commission fee is fixed at 45% so a seller makes 55% of the selling price with no other conditions laid down. So if the selling price is USD $200 and if a sale is made to the customer, the seller earns USD $ 110. However, if a seller feels these earnings are not enough for a sale of a design, he may increase the selling price to adjust his increased earnings.

A seller must also take the following into consideration: Design License Types. An exclusive license design is sold only once and there after is permanently removed from the website. A customer receives all the copyrights for such a design and the designs cannot be sold again except by the customer.

On the other hand, a non-exclusive design can be sold multiple times to different customers. The design always stays on the platform and is not removed thus allowing multiple sales.

A seller can mark his design as an exclusive license design and if the design is not sold, he may change the design to a non-exclusive design at a lower price so that he can try to cater to a nicher market and make lesser earnings but with more sales per design. The concept of non-exclusive and stock license is to cater the mass market at lower prices but earn on volume of sales instead. This changes the entire scope of selling designs. Such customers dont require exclusivity but instead prefer a lower priced design. If a seller sellers a non-exclusive design for USD $50, he earns USD $30.25 for each customer that purchases. If 10 customers purchase the same design, his total earnings are USD $302.5. The seller must note, 

Non-Exclusive can designs can be kept on the website for several years and earnings will remain constant for each cutomer that purchases the designs. This concept allows unlimited earnings. Some designs start selling after a few months if the concept is innovative but over a period of 3 years the average sales may hit 50 to 60 if the concepts are innovative keeping total earnings at about USD $900 per design

Exclusive designs on the other hand are a one off sale. They can be priced higher as well. For example if the price is set at USD $600. When a sale is incurred, the final price earned by the seller is USD $330. The sellers must decide if he wants to compromise on faster earnings vs long term earnings on Ready Pattern.

About the author

Elettra Francis

Elettra is the host of the Ready Pattern Seller Central Blog, the design selling platform interface for ambitious surface designers to showcase their prints to global brands. Got something to share with Ready Pattern Seller Masters? You can submit your story for consideration.

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