![]() ![]() If you have not heard of Redbubble yet, then now is no better time to see what this Australian derived company has to offer. Sign Up To The Newsletter For Special Offers and Promotions at Redbubble Tom Selleck Throw Pillow From $18.31 at RedbubbleĬode: ******** Added: 23rd September 2022 Uses: 1 Many Lands Under One Sun Lightweight Hoodie For CA$54.67 at RedbubbleĬode: ******** Added: 28th October 2022 Uses: 1 Verified 20% Off When you buy 4 of More Face Masks at RedbubbleĬode: ******** Added: 24th November 2020 Uses: 3Ĭode: ******** Added: 18th June 2022 Uses: 1 In these circumstances, this means artists do not need to collect or report the indirect taxes on their products sold in those jurisdictions.Code: ******** Added: 12th November 2022 Uses: 7Ĭode: ******** Added: 12th November 2022 Uses: 5īuy 2 Art Prints and Get 15% Off Your Order at RedbubbleĬode: ******** Added: 4th August 2022 Uses: 5 This is further outlined in our User Agreement.Īs an online marketplace facilitator, Redbubble has an obligation in certain jurisdictions to collect and remit the relevant indirect taxes from the customers on behalf of artists. Because indirect taxes vary around the world and are based on various factors, it is the responsibility of all artists on Redbubble to make sure they are handling their own tax obligations correctly. Tax is included in orders where applicable, and may include sales tax, GST, or VAT (indirect taxes). ![]() Redbubble collects proceeds on behalf of the artist and deducts Redbubble’s service fee, shipping costs, and the supplier’s manufacturing fee before paying the remaining funds to the artist (Artist Margin). Redbubble is an online marketplace where artists can sell their products to customers using the Redbubble platform. Though site-wide discounts might feel like you’re making less profit, it’s good to keep in mind that discounts drive customers to the site and attract them to your work. You receive 50% of the base price, meaning you get $2.50. The total base price after the discount was $5.00. The new base price ( $1.00) plus the new artist margin ( 50 cents) means the new retail price is $1.50.Īt the end of the 5 sticker sale, costs and payments (before taxes) round up to:Ĭustomer pays $1.50 per sticker, meaning they paid $7.50 total. If you kept your markup at 50%, then 50% of $1.00 is 50 cents. This means that if your customer buys 5 or more stickers, then the new base price is $1.00. Now, let’s assume the volume discount for stickers is 50% off the base price for 5+ stickers. The retail price for one sticker is then $3.00. You set a markup of 50%, which means your margin is $1.00. Let’s say Stickers to the US have a base price of US$2.00 Let’s look at another example to see how this affects your margin. ![]() Some of the products have bulk discounts that can affect the base price of items in larger orders. The visual equation looks something like this: Remember, your markup is a percentage of the base price, meaning if the base price changes, your artist margin changes. So how do sales and discounts fit into the equation? $125 base price + $25 artist margin makes for a $150 retail price (before tax). You set a 20% markup for large framed art prints.Ģ0% of the $125 base price means you get an artist margin of $25.00. Large framed art prints going to the US have a base price of US$125.00. The base price, artist margin, and sales tax combine to create the retail price, which is the price you see per product across the Redbubble website. Sales Tax or Value Added Tax is collected on each sale and paid to the appropriate tax authorities. The final amount will differ for visitors in different countries. Keep in mind that the Product Pricing page displays these amounts based on your local currency and shipping settings. This defaults to 20% but you are free to raise or lower that amount any time in the Product Pricing section of your Account Details page. The artist margin shows how much you make off of a sale, with the markup being the percentage of the base price and the margin being the actual cash amount. ![]() Please note that fluctuating currencies and costs can occasionally alter the base price. Changing the delivery address at checkout could very well change the total because of different local production and material costs charged by the respective manufacturer. The base price includes Redbubble’s service fee for hosting the marketplace and the manufacturing fee charged by the third-party manufacturer. Base Price, Artist Margin, and Retail Priceīase Price, Artist Margin, and Retail Price.The following article should shed some light on topics like: As a selling independent artist, it’s important to get familiar with the way pricing and payments work in the Redbubble marketplace. ![]()
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