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Promotions & New Price Group (Read 6998 times)
Sue_132963
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Re: Promotions & New Price Group
Reply #30 - Apr 9th, 2009, 7:08am
 
Bravo, Ernestine!  Can you tell us which card?  (Now that we know we can just put 'sku' in front of the product number to find your card, you could just give us the product number.)
Here's to more of those bulk sales!
Sue
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Avis_134613
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Re: Promotions & New Price Group
Reply #31 - Apr 9th, 2009, 8:09am
 
Thanks Mindy for all the wonderful new changes, and your hard work......just saw this! Smiley
Oh and congrats. Ernestine....I'm joining in your happy dance! The card fairy's been at work again Grin
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Debbie_133944
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Re: Promotions & New Price Group
Reply #32 - Apr 19th, 2009, 1:22pm
 
I noticed on a couple of my recent sales of a single card ordered that I made .50 cents instead of .56.
Were they part of a larger order?
Debbie
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Jeff_135713
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Re: Promotions & New Price Group
Reply #33 - Apr 19th, 2009, 1:24pm
 
Debbie,
 
Your sales e-mail should tell you the number of cards in the order.
 
Sometimes I don't seem to get a sales email when it comes from one of the outside sources.
 
-Whisper-
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Tom_133317
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Re: Promotions & New Price Group
Reply #34 - Apr 19th, 2009, 1:33pm
 
Sales made at the low volume Reminder-center.com site don't generate emails or get placed in the GCU Home page Recently Sold rotation, but the sales still count ($).
 
Apparently this is a known issue that is "complicated" and they've marked it as low priority to get fixed.
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Jeff_135713
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Re: Promotions & New Price Group
Reply #35 - Apr 19th, 2009, 2:22pm
 
It sounds like low priority to me.....as long as the sales still count.  Smiley
 
 
-Whisper-
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Mindy
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Re: Promotions & New Price Group
Reply #36 - Apr 23rd, 2009, 2:47pm
 
Quote from Mindy on Apr 7th, 2009, 3:43pm:
The new promotional pricing & artists' fees calculations is now live and effective!

We do not currently have any price discounting promotions in circulation.  This means you will  not see any card pricing discounts on sales yet.  We will post here when we promote the first one as a heads up.

In your sales notification emails you will now notice a "Discounts Applied" footnote detailing any redeemed promotions.  

 
We currently have an active 20% off promotion.  You may notice this in your sales notification emails and earnings.
 
Be sure to notice the footnote which indicates that a promotion has been used/applied, for example:
 
Discounts Applied:
20% off your order
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Kathy_135811
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Re: Promotions & New Price Group
Reply #37 - Apr 23rd, 2009, 4:14pm
 
Does that mean 20% off our $0.56 per card, too?
Kathy
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Penny_134243
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Re: Promotions & New Price Group
Reply #38 - Apr 23rd, 2009, 6:08pm
 
Quote from Mindy on Feb 17th, 2009, 10:51am:


Example: Assume a promotion of 30% off price per card (excluding taxes and shipping)

1) If a shopper buys one card, the price of that card is $1.95 ($2.79 less 30%).  The Artist Fee Percentage is based on $2.79 (20% Artist Fee not 15%) and applied to the discounted price of $1.95.   $1.95 times 20% = $.39 Artist Fee.

2) If a card buyer buys 80 cards, the price of each card in that order is $1.60 ($2.29 less 30%).  The Artist Fee Percentage is based on $2.29 (20% Artist Fee not 10%) and applied to the discounted price of $1.60.  $1.60 times 20% = $.32/card or $25.60 for the order.

Lastly on promotions, with the exception of free shipping, all will be exclusive meaning shoppers and artists can only use one promotion code at a time.  Artists can continue to use their artist discount code with a free shipping promotion but not also with an additional promotion.

Additionally, thanks to a handful of persistent artists, particularly Teri Frances, who helped us realize that our pricing structure has a significant price drop off after 100 cards.  We will be introducing a more graduated step in the pricing structure for the 100 - 499 range where cards are currently priced at $1.79.  

We will be breaking this down to 100 - 199 cards at $1.99 and 200 - 499 cards at $1.79.  Effectively this means that artists will be earning more money on card orders in the 100 - 199 range (15% x $1.99 vs 12% x $1.79).

This will be the adjusted pricing for Assorted Card Orders:

Quantity per order of Assorted        Card Price           Related Artist Fee
1 – 24                                                  $2.79                      20% = $.56
25 – 49                                                $2.49                      20% = $.50
50 - 99                                                 $2.29                      20% = $.46
100 - 199                                            $1.99                      15% = $.30
200 – 499                                            $1.79                     12% = $.21                  
500 – 999                                            $1.49                     10% = $.15
1,000 – Plus                                        $1.39                     10% = $.14  

Once again thank you all for your feedback and suggestions!  We will post back here when these changes are in effect.  Smiley

 
Hi, Kathy,
We still get the same percent for the sale, but a lower selling price lowers our commission per card.  Smiley
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