What is FLUX+?
Flux Plus allows creators to stand out from other sellers and experience rapid growth. For our customers or laser machine users, they can now subscribe and earn credit points to purchase your products at our Design Market platform. Here’s what the subscription plan looks like for our laser machine users:
|Monthly fee||Credits point|
Each credit is equivalent to $1 USD, and by default, every listing starts with 1 credit, which can be adjusted. It's important to note that listing credits must not exceed the original price. In cases where a discount is applied to the listing, the discounted price will prevail
Net revenue is the final amount withdrawn after all deductions. To calculate your net revenue, use this formula: Net revenue = Your Wallet - ~15% commission rate.
Your wallet represents income derived from sales received in FLUX+'s wallet. The commission rate includes a 3rd-party fee of 7.5% and an administrative fee of 7%.
Calculating your wallet
Money withdrawal can be done through Paypal or Payoneer. To calculate your store’s revenue, use this formula: Your Wallet = Credits received in your store x Royalty Unit
The royalty unit, a fixed monthly percentage updated monthly, is determined by FLUX+ subscribers' spending behavior. As the royalty unit is updated automatically in our platform, sellers do not need to calculate the royalty unit. For reference, here is the formula:
Royalty unit = FLUX’s Total Revenue / Current Credits Usage of all subscribers
FLUX’s Total Revenue is determined by the number of subscribers and the chosen subscription plan, divided by the number of credits spent.
Why is this important?
When more listings are uploaded, we increase the chances of our subscribers spending,resulting in higher royalty units and more earnings for you! Therefore, we encourage our sellers to upload more listings!
Calculating Royalty Unit
As for January, 2 users subscribed for our starter tier.
Therefore, FLUX’s total revenue is $10 x 2 = $20
There are a total of 20 credits that our subscribers rightfully have. However only 10 credits were spent.
Therefore, the royalty unit is $20/10 credits = 2 units
Calculating Your Wallet
As for January, a total of 5 credits was spent on your shop.
Therefore, to calculate your wallet…
5 credits x 2 Royalty Unit = $10 USD
Calculating Net Revenue
Since FLUX charges 3rd party payment and administrations fees, we need to deduct 15%
Therefore, the final amount of money withdrawn will be:
$10 USD - $1.5 = $8.5