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Post from: Crushable | Entertainment, Hot Guys, Movies and Celebrity News
If I sell a handmade knit item for someone, what would a fair split be?
I'm opening up my own online store where I will be selling handmade knit items not only made by me but by other individuals that knit items too. We all have different styles and I want to be able to support others by helping them sell their handmade items in my store. My question is, what would a fair split be between me and that person. I'm thinking a 40% - 60% split is fair (me at 40%), but I want to hear other ideas. Thank you.
In a market stall, sure, I can see 40% because it takes up space were they could display their own goods, it has to be transported, there's paper work involved, etc. My own local yarn shop does it for 30% but that is not standard, it's generous.
With an online store, exactly what are you contributing that's worth the 40%? Are you actively promoting the items with SEO? Are you charged per item to offer in your store? In my store, on my own website, it doesn't cost me anything. I do some SEO but I'd do it anyway for the site. If a friend wanted to sell something on my site, I'd do it for 10% or less (just a share in the server expenses I pay for my site) and a few minutes of my time uploading the information for the item.
So it all depends on what is involved in selling the items for them. If you're taking care of collecting the income, running it through your taxes, doing the shipping out, fielding inquiries from customers and so on, then your percentage should be larger than if you just list it and it sells mostly on automatic.