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Clarify and improve the platform fees #224

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chrislo opened this issue Oct 26, 2024 · 0 comments
Open

Clarify and improve the platform fees #224

chrislo opened this issue Oct 26, 2024 · 0 comments

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@chrislo
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chrislo commented Oct 26, 2024

The current description of the platform fee is:

To cover the costs of running and building jam.coop a 15% fee (minimum 20p) is taken from each sale.

I'd like to extend this to encourage larger artists and labels to take a punt on jam by offering lower platform fees based on volume of transaction. I'm thinking

  • 15% base platform fee
  • 10% for artists who have lifetime sales >£1000
  • 7% for artists who have lifetime sales >£5000

Additionally I'm thinking we could focus on the third tier of artists for the initial membership/profit-sharing offer. If we get that far and have some committed/economically engaged artists/labels to work with, it'll give us an opportunity to collectively decide what membership looks like before extending it to other artists.

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