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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.
The text was updated successfully, but these errors were encountered:
The current description of the platform fee is:
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
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.
The text was updated successfully, but these errors were encountered: