Posts by VF

6000 posts
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $125,000+ on Envato Market
  • Has been part of the Envato Community for over 6 years
+8 more
VF says

@natman, An additional measure to reduce the impact of abused items would be worth – in favour of competitive items. For example, make those items disabled for 1 week so that those items have to earn the popularity from scratch. Explain this penalty on knowledge base.

6000 posts
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $125,000+ on Envato Market
  • Has been part of the Envato Community for over 6 years
+8 more
VF says
To put it simply when you charge someone money, like a Buyer Fee, the first thing they ask is “What am I getting for this?” That’s actually a good question for Envato to be answering because we’ll end up doing a better job. In fact one of the first things we’re doing is adding a new Why Buy With Us page. This marks one of the first times we’ve had a page deliberately aimed at buyers!.

@Collis, In the blog post, under “Why the Changes to Fee Structure?” the above paragraph explains as if the buyer fee (20% one?) is real. Since the Item prices altered in single day and a new term “listing price” introduced in favour of keeping the final price unchanged, does’t this leads to the assumption that item value is subject to change in the future?

For example, what prevents Envato to announce in future that 30% is Buyer fee and 0% is author fee for Elites? There is no explanation about why exactly 20% is Buyer fee and why not it is 10%? Is this a gauge to weigh author Vs buyer contribution on the development of market?

The buyers who are silent right now are encouraged to assume they pay more fee than (elite) authors? Any hidden business motive behind this virtual value shifting?

Again, these arrangements look fine as long as this utilized just for enhancing buying experience but it gives worries since the item value indirectly got reduced – and open to be reduced some way in the future? (All my fear is about December announcements :D )

6000 posts
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $125,000+ on Envato Market
  • Has been part of the Envato Community for over 6 years
+8 more
VF says

\\

6000 posts
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $125,000+ on Envato Market
  • Has been part of the Envato Community for over 6 years
+8 more
VF says

But with two different fees, they’ll have more control since changes in fees can always be justified, but changing the item price and commission rate is more difficult.

Yes, when they add shopping cart, for multiple item purchases, there is a possibility of buyer fee reduction without affecting author fee and payment.

But who knows – by next year, if Envato announces buyers are paying their 30% fee and Elite authors paying nothing? :D Or even say buyers are paying 50% fee to Envato and Elite authors getting 20% fee “from” Envato?

Now the actual item price become jeopardy – open to abuse item value Vs Envato’s fee.

6000 posts
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $125,000+ on Envato Market
  • Has been part of the Envato Community for over 6 years
+8 more
VF says

Exactly 70% for Elites.

Now the elite authors paying 10% fee and buyers paying 20% fee. The remaining is item value?

Now the question is – To be serious about this or not be? :D

6000 posts
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $125,000+ on Envato Market
  • Has been part of the Envato Community for over 6 years
+8 more
VF says

@MhW, In the earnigns page, it shows 12.5% instead of 70%. This not even matches with the context of earnings page.

You can simply display the word “70% of Item price”. What makes the system to desperately show 12.5% fee even on unnecessary pages? It is understandable to show fee on other pages where relavant but why show even on author earnings page?

6000 posts
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $125,000+ on Envato Market
  • Has been part of the Envato Community for over 6 years
+8 more
VF says

@KingDog, Personally I understand the context of change but this confuses authors not only as an announcement but the Earnings page and Statements Page stopped showing the real %.

The Earnings page now shows 12.5% for elite authors – this is nowhere connected with the earnings calculation. Hope this is understandable.

6000 posts
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $125,000+ on Envato Market
  • Has been part of the Envato Community for over 6 years
+8 more
VF says

Doru… rude… anybody else noticed a similarity? :D :P

When I think Doru, I always remember this image: ;)

\\

6000 posts
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $125,000+ on Envato Market
  • Has been part of the Envato Community for over 6 years
+8 more
VF says

Depends on country, location etc.

In the part where I live, no matter how sophisticated the high rise buildings are. There are nightmare, inconsistencies on elevator, power interruptions, poor maintenance etc while there is less chance of such problems in other parts of world.

6000 posts
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $125,000+ on Envato Market
  • Has been part of the Envato Community for over 6 years
+8 more
VF says

Thanks, VF. I had already read that. Doesn’t really answer the question though. Since nothing has essentially changed in the split (apart from the $2 direct fee), the breakdown is actually pretty arbitrary. It strikes me that the new breakdown is either a psychological thing, or a tax issue. Maybe it’s to do with internal accounting, but all it means for me personally is a little more complexity. One of the things I like about Envato is its simplicity.

I pointed the blog post just to inform that – indeed it portraits the psychological aspects ONLY.

From now on, Envato assumes an Elite author pays 10% fee to them and a buyer pays 20% fee.

Pretty sue this directly connects with giving more freedom for buyers and / or reducing freedom of authors – just with 2 actions. One is writing a new policy. Another is just seeing the 30 percentage’s major part as buyer contribution. May be I am having contrast point of views but inevitable – looking at how desperate Envato recently about changes.

May be hiding behind the word “Buyers” because the word “Community” is over used and saturated?

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