What is the Marketplace Subscription plan?
    • 08 Aug 2023
    • 2 Minutes to read
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    What is the Marketplace Subscription plan?

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    Article Summary

    Our Unlimited Subscription plan was created to help our users save time and prevent decision fatigue.

    Winning more customers by keeping it Simple

    We noted a higher Lifetime Value (LTV) and return rate to our marketplace from our all media-type users compared to single media-type users. Our user data shows that the return rate of a happy user who uses all our media types is four times that of other users.

    With an all-media-type-in-one Subscription that encourages cross-media type use (paid annually with unlimited downloads), buyers find our service more useful. In addition, an annual subscription also means that contributors can look forward to more predictable and consistent earnings each month.

    To protect our contributors, subscribers will be bound by certain terms of use on our site. They are not allowed to utilize manual or automated software/scripts or bots to mass download content, or to mass download content with the intention to copy or distribute in any form. Subscribers found in breach of any terms of use will have their account immediately terminated to protect our contributor community.

    Revenue sharing with contributors

    We will share 50% of all subscription revenue with all the contributors to the Marketplace Subscription plan. How we apportion the revenue is based on the value that each contributor brings to each subscriber based on a points-based system. In other words, the more value you provide to our subscribers, the more revenue you earn.

    How do we calculate your earnings?

    As our Marketplace Subscription plan is differentiated by its cross-media types provision with unlimited downloads, we decided it was best to recognize the value that each media type contributes to our buyers’ video creation process.

    Each downloaded media type is allotted points based on the table below:

    Downloaded product typePoints
    Video template100 points
    HD Video / 3D80 points
    Music60 points
    Sound effects / Photo / Vector / GIF / Lottie15 points
    Midjourney prompt15 points
    Graphics template60 points
    UI template60 points
    Notion template60 points
    Presentation template60 points

    Based on the proportion of points attributed to your Content, we calculate your revenue per subscriber. Your total revenue will be the sum of revenue from all subscribers who downloaded your Content.

    Example

    3 subscribers downloaded your content this month.

    Price of annual subscription plan = US$198

    Total contributors’ revenue per subscriber = 198/12 months * 50% = US$8.25/month

    marketplace-subscription-plan-01.jpeg

    Based on the points accumulated from the downloaded media types, your GCP Marketplace Subscription earnings for this month will be US$9.41.

    Calculation for Subscriber A:

    Total points for all downloaded content = 80 + 60 + 15 = 155 pts

    Points from your content = 80 + 60 = 140 pts

    Your portfolio fulfilled 140/155 = 90.3% of his content needs.

    Therefore, your earnings from Subscriber A = 90.3%*8.25 = US$7.45

    Calculation for Subscriber B:

    Total points for all downloaded content = 15 + 60 + 80 = 155 pts

    Points from your content = 15 pts

    Your portfolio fulfilled 15/155 = 9.7% of his content needs.

    Therefore, your earnings from Subscriber B = 9.7%*8.25 = US$0.80

    Calculation for Subscriber C:

    Total points for all downloaded content = 7*80 + 7*60 + 15 = 995 pts

    Points from your content = 80 + 60 = 140 pts

    Your portfolio fulfilled 140/995 = 14.1% of his content needs.

    Therefore, your earnings from Subscriber C = 14.1%*8.25 = US$1.16


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