Threadless will now pay artists more than ever through a new, enhanced payment structure.
Last month, we announced a change to the artist payment structure which increased the minimum payment 4x from $0.25 to $1.00. [Read more] Today, we are super stoked to announce an additional and even bigger change that continues to maximize the earning potential for artists!
Before today’s change, artists earned 20% of net profits from the sale of each design. Over the last year, we’ve learned a lot about the pros and cons of this structure. We’ve also made a lot of progress towards increasing the average sale price of each of our products in order to make more room for additional artist earnings.
Effective today, February 23rd, 2015, we are announcing a hugely favorable adjustment to artist earnings. The new earnings system now operates on a “base fee” for each product sold. For example, the base fee for a t-shirt is set at $18.00 and the full retail price is $25.00. Under the new earnings system, artists will now earn the entire difference between the base price and the sale price of a product. This means the maximum earnings on a full price t-shirt will jump by 2.8x from $2.50 to $7.00.
Check out these other earnings examples under the new structure:
|Style||Sale Price||Base Fee||Artist Earnings|
|18″ Art Print||$38||$28||$10|
Our most important mission is to support artists globally to the best of our ability, and this new structure will have a massive impact on the earnings potential for every Threadless artist. We believe and hope this change will inspire artists to continue to create, submit, and share their next level, original designs that make Threadless… Threadless!
Submit a design today and start earning mad cash!