Fy! Standard Partnership - Pricing & Commission

Created by: Julia Biondi

Modified on: Thu, 7 Dec, 2023 at 11:39 AM


Can you tell me more about your pricing?

Our tech team are constantly checking our prices to ensure you are getting the best price for your collection. This means our prices are not static, we consider factors such as production costs, shipping costs, market rate and customer location. This means if it costs more for us to ship in a particular country, we will raise the prices in this country so that this is covered. You can find an average breakdown below:


Unframed Prints UK Pricing £18-£92

Unframed Prints US Pricing $25-$92

Unframed Prints AUD Pricing $39-$100

Unframed Prints EU Pricing  €25-€140


When do I get paid for my sales?

We pay once a month for all sales made in the preceding month, we pay via a payment provider called Tipalti and they will be in contact with you when your first invoice is ready to register your details. Please don't worry if you haven't heard from them before this date, you'll be emailed the month after you've been live to register.


How does your commission structure work?

Our commission structure is 10% of the unframed print price excluding VAT, discounts, shipping and packaging.


Commission breakdown

Commissions are calculated as the commission rate multiplied by the price paid by the customer for the print (unframed), minus tax, shipping and packaging.

Please note that we price items differently depending on where the customer is located, and prices can vary substantially between countries due to e.g. manufacturing and shipping cost differences.  The commission due is calculated when the order is placed, in the currency of that order; we then apply current market FX rates to convert your total commission due into your account currency.  We do not charge conversion fees.


Commission example

A customer buys a 24x32 framed print in the US, the artist is on a 10% commission agreement and is paid in GBP:

The customer pays $168 excl. tax, for two items:

Unframed print: $81

Framing: $87


We subtract the shipping and packaging cost of the unframed print to get the net sales price:

Shipping cost: $12

Packaging cost: $2


Net sales price = $67

Then multiply that by the commission rate (10% in this case): $6.70

Convert to GBP: £6.16

J
Julia is the author of this solution article.

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