Joined: 08 Sep 2009
Location: USA - CA
|Posted: Mon Apr 26, 2010 1:57 pm Post subject: Sticker derivation costs--what to know
|So, you want to create a sticker. After creating the perfect design, you go to the product submission page and see all these numbers, one of them being the derivation cost of 165cr.
Now this derivation cost is potentially confusing since you aren’t actually deriving from anyone’s sticker! We’d like to clear this up for all you Creators out there. The “derivation cost” is basically a catalog placeholder. Think of it as a parking space for your product and the current rate is 165cr. It is a one-time fee paid each time you create a sticker. This number goes towards creating the final price, which is a 10% mark-up over the 165cr cost. The fee also ensures that you get a copy of your own sticker. Do some easy math and you’ll find that the final price is 165x1.1 PLUS whatever profit you’d like to make. So, say you’ve got a sticker and you want a 50cr profit: (165x1.1)+50=231.5, making your total sticker price 232cr after rounding up.
To sum it all up: 165cr is the placeholder cost for your sticker in the catalog as a one-time fee; 100cr is the separate one-time submission fee. Therefore your account is charged a total of 265cr each time you submit your sticker. Your customers are charged 182cr + your desired profit amount.
Hope this eases the process a bit!
Katie --Creator Community Manager, IMVU Inc.