Example Creator Fees
Sales Examples
The following examples use these assumptions:
Product A:
- Voluntary Platform Support: 15%
- List Price: $4.99
Product B:
- Voluntary Creator Contribution: 10%
- List Price: $5.99
Single Item Purchase
Product A purchased by itself:
- Creator receives $3.81 to Stripe Balance
- ((4.99 * (1- 0.04)) - 0.3) * (1- 0.15)
- ((List Price * (1 - Processing Fees)) - Base Fee) * (1 - Voluntary Contribution)
- ((4.99 * (1- 0.04)) - 0.3) * (1- 0.15)
- LearnGrove receives $0.67
- ((4.99 * (1 - 0.04)) - 0.3) * (0.15)
- ((List Price * (1 - Processing Fees)) - Transaction Fee) * (Voluntary Contribution)
- ((4.99 * (1 - 0.04)) - 0.3) * (0.15)
Product B purchased by itself:
- Creator receives $4.90 to Stripe Balance
- ((5.99*(1- 0.04)) - 0.3)* (1- 0.10)
- ((List Price * (1 - Processing Fees)) - Base Fee) * (1 - Voluntary Contribution)
- ((5.99*(1- 0.04)) - 0.3)* (1- 0.10)
- LearnGrove receives $0.54
- ((5.99 * (1 - 0.04)) - 0.3) * (0.10)
- ((List Price * (1 - Processing Fees)) - Transaction Fee) * (Voluntary Contribution)
- ((5.99 * (1 - 0.04)) - 0.3) * (0.10)
Bundled Purchases
Product A and B purchased together:
- Creator A receives $3.94
- ((4.99*(1- 0.04)) - 0.15)* (1- 0.15)
- ((List Price * (1 - Processing Fees)) - Base Fee) * (1 - Voluntary Contribution)
- ((4.99*(1- 0.04)) - 0.15)* (1- 0.15)
- Creator B receives $5.04
- ((5.99*(1- 0.04)) - 0.15)* (1- 0.10)
- ((List Price * (1 - Processing Fees)) - Base Fee) * (1 - Voluntary Contribution)
- ((5.99*(1- 0.04)) - 0.15)* (1- 0.10)
- LearnGrove receives $1.25
- ((4.99 * (1 - 0.04)) - 0.15) * (0.15) = $0.69
- ((List Price * (1 - Processing Fees)) - Transaction Fee) * (Voluntary Contribution)
- ((5.99 * (1 - 0.04)) - 0.15) * (0.10) = $0.56
- ((List Price * (1 - Processing Fees)) - Transaction Fee) * (Voluntary Contribution)
- ((4.99 * (1 - 0.04)) - 0.15) * (0.15) = $0.69
Payout Examples
Seller Stripe Balance: $56.43
Amount Transferred: $54.18 ($56.43 - $2.25)
Seller Stripe Balance: $325
Amount Transferred: $322.75 ($325 - $2.25)