An Important Clarification on the New Maximum Earnings Feature
We’ve been informed by support staff that there has been some confusion regarding the new “Maximum Earnings” feature for authors.
Envato Earnings Apps, File Piracy, and Keeping Your Account Safe and Secure!
There’s been a lot happening on the marketplaces of late, and today I wanted to touch on a few important issues and get some feedback, from you, the community.
Firstly, for those of you who don’t know me, My name is Cyan and I’m the Envato marketplace manager. That means I’m the person who’s in charge of the day to day running of the marketplaces as a whole with the help of the awesome site managers, reviewers and moderators.
Lately we’ve noticed some brilliant new author apps popping up, and some talk on the forums of files being distributed without author permissions. I want to talk a little about both of these issues. Additionally, I want to tell you about some things you should be doing to promote maximum account security.
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New % Rates Now In Effect… and How To Become Exclusive!
The day has finally arrived! As of yesterday, all authors are eligible to earn 40% to 70% of any sale. To do so, authors simply need to sign on to the Envato Exclusivity Program.
What is “exclusivity”? It means that any items you are selling on an Envato Marketplace should only be sold here. You can still sell other items elsewhere, just not the same ones. That way the marketplaces stay unique and offer greater value to our buying community.
I’m Already Exclusive!
If you’ve been exclusive up till now, nothing will change, except in almost every case your rates will immediately jump up. That means not only more cash in your account every month, but also a higher future percentage to aim for. Click here to find out what your new percentage rate is.
I’m Not Exclusive but I Want To Be!
If you’re not already exclusive and wish to be, it’s super super simple! There are no minimum sales needed, so any author can agree to exclusivity immediately! Here’s how:
Step 1: Go to your Account page:
Important Notice About Payouts For Authors and Referrers
Yesterday authors should have received an email informing them that there will be a change in payouts effective from the 1st of January 2009. The email notice said the following:
New earnings payment system
As of January 15th 2009, you will be provided with a new feature allowing you to automatically withdraw your final earnings balance for the month.
For example: If you select this option on January 16th, then a withdraw request will be automatically submitted for your total earnings balance up until January 31st at 11:59:59pm.
For those members who like to withdraw their maximum earning each month this tool will be extremely useful – no more missing the payment request cutoff by mistake!
The original withdraw system will also remain in place, allowing you to continue to withdraw specific amounts from your earnings balance.
Please read this additional post on the new maximum earnings feature for more information.
New payment date
As of January 2009 all of the months earning payments will be issued on the 15th of following month *.
For example, all earning withdraw requests from January 1st to January 31st will be paid out on February 15th *.
- December withdrawal request processed on 1st January
- January withdrawal request processed on 15th February
- February withdrawal request processed on 15th March
This new payment system will save authors time and will allow Envato to continue to make timely monthly payouts to a variety of account types. Thank you for your understanding while we make this transition and for your continued support.
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*If the 15th falls on a weekend or public holiday, the payment will be made on the following business day Australian Standard Time (no exceptions).
We apologize for any inconvenience while we make this transition to the new payout date. Recent site growth and increased incidences of attempted fraud have made it necessary to implement increased payment processing time. Please direct any questions, concerns or comments to this thread where they will be reviewed and answered by staff.
Again, thank you for your understanding and support.
