GCU Forum - NEW - Earnings Modifications Effective 7/01/13

Donna_137698

Gold Member
artist

Posts: 1064

Re: NEW - Earnings Modifications Effective 7/01/13
Reply #135 - Aug 23^rd, 2013, 3:16pm

Mindy, you are missing my point - I don't get what GCU's business model is these days cry

As Randy mentioned, these changes that came with no prior warning are turning into a serious impairment to quite a few part time artists providing you with the same kind of products as the top sellers but are now punished for not being top sellers. Some are complaining that even with them meeting the threshold, they are still not pulling what they would otherwise have.

So, with another card just approved, I'll be a good little artist, shut up and stay off the forums.

Last post - promise.

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Edward_226173

GCU Newbies

Posts: 12

Re: NEW - Earnings Modifications Effective 7/01/13
Reply #136 - Sep 12^th, 2013, 4:55pm

At some point the image selling industry in general will come to realize that they need to provide real incentives to artist to provide work. There are just too many competing markets artist can sell in. Including artist selling their own work directly without middlemen.

For me the extremely long review times and commission cuts has put GCU on the bottom of my options. My time can be spent elsewhere with better results.

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Catinka_133492 Full Member artist Posts: 143	Re: NEW - Earnings Modifications Effective 7/01/13 Reply #137 - Sep 13^th, 2013, 2:36pm Too bad Donna! Looks like everyone else is staying off the forums too. The last comment in the 'latest' column was 24 hours ago, if I read that right. the forums are important for business/site traffic I believe. We do not want to be losing traffic and interest here.
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Rita_140577 Full Member artist Posts: 149	Re: NEW - Earnings Modifications Effective 7/01/13 Reply #138 - Sep 19^th, 2013, 1:37pm I'm embarrassed to have to ask because I'm sure it is in here somewhere and I just am not seeing it or I'm being a dummy. When I look at my earnings report and it says I have $144.00 in artist fees and $148.00 in total commissions do I need to make $6 more or $2 more before the end of the month?
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cindy_139896 Senior Member artist Posts: 327	Re: NEW - Earnings Modifications Effective 7/01/13 Reply #139 - Sep 19^th, 2013, 1:54pm Hi Rita, As I remember they brought it down to 75.00 for this quarter so you will be fine. Congratulations Wish I could say the same for me
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Rita_140577 Full Member artist Posts: 149	Re: NEW - Earnings Modifications Effective 7/01/13 Reply #140 - Sep 19^th, 2013, 2:11pm Thanks Cindy, but I'm still not sure if the amount is based on our artist fees only or on our total commissions. Let's say I did $70 in artist fees and $10 in seller commissions for a total of $80 in total commissions. Did I make the quota? Would I be paid $80, $150, or $160?
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Doreen_137017

Gold Member
artist

Posts: 5328

Re: NEW - Earnings Modifications Effective 7/01/13
Reply #141 - Sep 19^th, 2013, 2:14pm

Quote from Rita_140577 on Sep 19^th, 2013, 2:11pm:

Thanks Cindy, but I'm still not sure if the amount is based on our artist fees only or on our total commissions. Let's say I did $70 in artist fees and $10 in seller commissions for a total of $80 in total commissions. Did I make the quota? Would I be paid $80, $150, or $160?

I believe it's total earnings. If you look at your Earnings report, it's based on the Total Pending figure which includes referrals bucks.

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Sherry_205423 Gold Member Posts: 743	Re: NEW - Earnings Modifications Effective 7/01/13 Reply #142 - Sep 19^th, 2013, 2:31pm Ok, if I have one store and commission is $65 and another store with commission of $10, then I made the threshold for this month, correct? I would then be paid $150, right?
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cindy_139896 Senior Member artist Posts: 327	Re: NEW - Earnings Modifications Effective 7/01/13 Reply #143 - Sep 19^th, 2013, 3:44pm That is the way I understood it. So Congrats to you!
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Sherry_205423 Gold Member Posts: 743	Re: NEW - Earnings Modifications Effective 7/01/13 Reply #144 - Sep 19^th, 2013, 3:54pm Thanks, Cindy.
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Steppeland_231500

Senior Member

Posts: 295

Re: NEW - Earnings Modifications Effective 7/01/13
Reply #145 - Sep 20^th, 2013, 4:23am

Quote from Sherry_205423 on Sep 19^th, 2013, 2:31pm:

Ok, if I have one store and commission is $65 and another store with commission of $10, then I made the threshold for this month, correct? I would then be paid $150, right?

Sherry, I too understood that the earnings from both your accounts would be added to reach the threshold of 75.00 , so the amount of your earnings in both your accounts would be doubled then. However, I would expect that still two checks would be sent, one from each account? And if that indeed is the case, if one of those accounts doesn't reach the minimum of $25, you still may have to wait for that part of your earnings till the end of next quarter... Just guessing...

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Mindy

GCU Administrator
Community Manager

Posts: 6537
Gender: female

Re: NEW - Earnings Modifications Effective 7/01/13
Reply #146 - Oct 2^nd, 2013, 12:27pm

Quote from Doreen_137017 on Sep 19^th, 2013, 2:14pm:

Quote from Rita_140577 on Sep 19^th, 2013, 2:11pm:

Thanks Cindy, but I'm still not sure if the amount is based on our artist fees only or on our total commissions. Let's say I did $70 in artist fees and $10 in seller commissions for a total of $80 in total commissions. Did I make the quota? Would I be paid $80, $150, or $160?

I believe it's total earnings. If you look at your Earnings report, it's based on the Total Pending figure which includes referrals bucks.

Correct, these are seen as the same thing under a given artist account - "total earnings" and collectively will be measured against the quarterly threshold.

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Mindy

GCU Administrator
Community Manager

Posts: 6537
Gender: female

Re: NEW - Earnings Modifications Effective 7/01/13
Reply #147 - Oct 2^nd, 2013, 12:34pm

Quote from Steppeland_231500 on Sep 20^th, 2013, 4:23am:

Quote from Sherry_205423 on Sep 19^th, 2013, 2:31pm:

Ok, if I have one store and commission is $65 and another store with commission of $10, then I made the threshold for this month, correct? I would then be paid $150, right?

Sherry, I too understood that the earnings from both your accounts would be added to reach the threshold of 75.00 , so the amount of your earnings in both your accounts would be doubled then. However, I would expect that still two checks would be sent, one from each account? And if that indeed is the case, if one of those accounts doesn't reach the minimum of $25, you still may have to wait for that part of your earnings till the end of next quarter... Just guessing...

Please see related announcement here:
http://www.greetingcarduniverse.com/forum/yabb2/YaBB.pl?num=1380672644/0

To answer your specific question assuming both stores set w/ a $25 minimum payout:
Store 1 = $65 standard earnings
Store 2 = $10 standard earnings

Combined earnings used to meet quarterly threshold = $75
Based on 3Q13 threshold of $75 = YES threshold MET

Store 1 = $65+$65 = $130 premium earnings due
Store 2 = no payment, $10 standard earnings rollover to 4Q13*

* Any earnings not payed and rolled over to the next quarter will AGAIN be combined to meet the next quarterly threshold.

Let me know if you have any questions.

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Sherry_205423 Gold Member Posts: 743	Re: NEW - Earnings Modifications Effective 7/01/13 Reply #148 - Oct 2^nd, 2013, 1:13pm Thanks, Mindy, got it!!! Glad I met the threshold with the combination of my two stores. Now for next quarter. That's going to be harder, but I'm working at it.
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Mindy

GCU Administrator
Community Manager

Posts: 6537
Gender: female

Re: NEW - Earnings Modifications Effective 7/01/13
Reply #149 - Nov 27^th, 2013, 3:52pm

Important Correction - Rollover Earnings & Threshold Measurement

ONLY earnings earned within the current quarter will be used to meet the current quarterly threshold. Rollover earnings from prior quarter(s) will still get rolled over, as they are earnings due to you, however they will NOT be used to meet that current quarter’s earnings threshold to achieve premium earnings.

Please let us know if you have any questions.

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