Posts by fillerspace

If your concern is that the designer (assume he creates the PSD only) just has a one time commitment, while the developer has an ongoing one, you should negotiate a flat fee for the rights to the design, and then keep all the future sales. You will take the risk that the design is not accepted after paying, unless you agree to pay the flat fee once accepted (that is tricky, because the finished theme might not be accepted due to poor coding or lack of features, which is unfair to the designer).

Everything is backed up to the cloud, and all the equipment is insured, so just my Asus Transformer tablet so I can access the internet and file an insurance claim. My phone is insured, so I can get a new one shipped overnight, otherwise I’d take that instead of the tablet.

In general, to sort by count, try something like this:

waynegomez said
with vpn and other tunneling softwares, how is it possibles to be detected if someone is using multiple accounts?

It will be pretty obvious when the same few accounts are the only ones buying your items. Besides, you also have to fund the accounts, and they can see the same credit card or Paypal account funding all of the accounts.

contempoinc said

SimpleSites4U said
Generally speaking, how much would one expect to earn for their time in this kind of role?

All depends on experience, skills, etc…

chrisakelley said

fillerspace said

mitdralla said
How can a deposit expire? Would that trigger a refund? It seems like it would have to go back to the user if it was a monetary transaction.

I’m not sure if it is different in Australia where Envato is based, but here in the US, deposits have expiration dates for the same reason gift cards do.

actually thats not true, in most states its actually illegal for gift certificates to expire some states will allow them to expire after x amount of years but most wont allow it. The reason behind it is to actually protect consumers from being a victim of fraud. If a company ever tells you the gift care expires check the state laws(as it differs from state to state)

For the states that do allow gift cards to expire most require it to actually state on the card either front or back.

That is true, but I left it out of the explanation for simplicity. For states where gift cards can’t expire (like California where I live), companies are allowed to charge a monthly fee after a set amount of time. Here it is $1 per month after 2 years of inactivity. That has the effect of gradually expiring the card.

mitdralla said
How can a deposit expire? Would that trigger a refund? It seems like it would have to go back to the user if it was a monetary transaction.

I’m not sure if it is different in Australia where Envato is based, but here in the US, deposits have expiration dates for the same reason gift cards do. It has to do with the accounting method corporations use. The common ones are cash and accrual.

The cash method is used by individuals and small businesses. With this method, revenue is recorded when received, and debts are recorded when paid. This method works best when the sales cycle is short (a locksmith orders $100 in parts for a door and records $100 of debt, and a week later you pay him $200 when he installs it and he records $200 in revenue).

This gets tricky with bigger companies or when the sales cycle is much longer. Imagine that a locksmith gets a contract with a 100 unit apartment to replace locks as people move out. He signs a contract with a lock supplier to purchase 100 door handles in packs of 20 over the next 5 years. In exchange, the apartment building will pay him $200 per door as residents move out. The problem with the cash method is that at any given time his accounting books might show a deficit if you look at them right after he purchased a 20 pack of locks (-$2000) but not many people had moved out.

With the accrual method, you record debts when they are incurred (when you agree to purchase 100 locks, even if you haven’t paid for any yet), and you also record revenue when it is earned (when you sign the contract to install 100 locks, even if you haven’t been paid yet). With gift cards or Envato deposits, the company books the revenue at the time of purchase, but they also record a liability in the same amount, representing your future purchase of that amount of goods or services. So the effect on the balance sheet nets out to 0 (they haven’t made a profit). When you do make a purchase, they can record a purchase and subtract from the debt column, and pay out a commission and subtract from the asset column, and record a profit. If you never make a purchase, however, they can never record that profit. That’s why they set an expiration date on deposits and gift cards, so that there is a fixed date in the future where the books can be settled.

Did Envato ever build a statue of Kriesi?

WPScientist said
It would make sense to lock it in your own themes if there was no possibility that someone else makes a plugin with that feature. But trust me, it’ll be made into a plugin very fast and someone else will earn more with it then you would with all the themes combined (as is the case with me).

That makes sense. In that case, I would want to make it a plugin and opt out of the extended license (so people don’t include it in themes for sale). There might be a benefit to having it for sale as a separate item with an established price. I could then market the themes as “the only themes on ThemeForest to include the XYZ plugin, valued at $20” and possibly increase sales.

I wonder what the use case is for some of the plugins on CodeCanyon. Most of the top sellers opt out of the extended license, so you can’t include those in themes for sale. And even with the extended license, the multiplier is only 5x (compared to 50x on ThemeForest). So if you have a really unique feature in a theme, selling it as a plugin would likely only get you a few hundred (possibly extended) sales. Sadly, it would make more sense to keep this feature locked into your own themes and sell hundreds of them per week/month.