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Description
The current description of the platform fee is:
To cover the costs of running and building jam.coop a 15% fee (minimum 20p) is taken from each sale.
I'd like to extend this to encourage larger artists and labels to take a punt on jam by offering lower platform fees based on volume of transaction. I'm thinking
- 15% base platform fee
- 10% for artists who have lifetime sales >£1000
- 7% for artists who have lifetime sales >£5000
Additionally I'm thinking we could focus on the third tier of artists for the initial membership/profit-sharing offer. If we get that far and have some committed/economically engaged artists/labels to work with, it'll give us an opportunity to collectively decide what membership looks like before extending it to other artists.
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