How is Artist Compensation Calculated?
Artists receive 10% of the retail sale price for each piece of artwork sold through readymade.ATP.art. This model provides a clear and straightforward method for calculating your earnings.
It’s important to note that any promotional discounts, trade discounts, or coupons that reduce the sale price are absorbed by readymade.ATP.art, not by the artist. Regardless of any price reductions for promotions or discounts, the artist will always receive 10% of the original retail price. This ensures that your earnings remain consistent and unaffected by sales strategies.
Understanding Production Costs
Production costs include printing, framing, shipping, delivery, tax, and
fees. After accounting for all these expenses, typically 20% of the
retail sale price remains. This remaining amount is then split equally
between the artist and readymade.ATP.art, providing transparency and a
fair distribution of revenue.
| Artwork Size | Sale Price | Artist Profit |
|---|---|---|
| 40x60 Framed Canvas | $1099 | $109.99 |
Example: 40×60 Framed Canvas: Retail price = $1099. Artist Commission (10%) = $109.99