|
PHOTOGRAPHERS: REVENUE SHARING
|
|
|
|
|
 |
|
What is it?
This advanced accounting feature allows you to split event earnings among 3 parties: Event organizer, photography coordinator,
and photographer(s). You specify the parties, and what percentages each one gets, and we calculate the proper allocation
with every order that comes in, whether the week of the event, or years after. We distribute each party's share directly
every two weeks.
The orders report is customized for each party, so everyone can see all orders and pictures from which they are receiving
earnings, what share, and the reason.
Every EP member can play any role, so you can be a photography coordinator or even organizer in one event, and a photographer
in another. All parties must have their own EP account.
|
|
|
Sample Applications
Here are just a few examples of how this feature enables your business:
|
Case
|
Details
|
Orga- nizer
|
Coor- dinator
|
Photo- graphers
|
|
Races (1)
|
You are the only photographer, and just want to give the race organizer a cut of sales.
|
20%
|
N/A
|
80%
|
|
Races (2)
|
You coordinate several photographers, and want to be compensated for that task. You also give the race
organizer a cut of all sales. You may or may not act as a photographer yourself; if you do then you get
coordinator + photographer share for your pictures.
|
20%
|
10%
|
70%
|
|
Fundraisers
|
Event is for a non-profit, with the intention of raising funds. You can price products high, channel most of
the earnings to the organizer and advertise this fact to drive sales.
|
70%
|
N/A
|
30%
|
|
School Sports
|
Some schools may be reluctant to allow photographers at their events, unless they are given a percentage of sales.
|
40%
|
N/A
|
60%
|
|
|
Sample calculation
Let's say an order comes in for an event with organizer, coordinator, and several photographers. The total is
$100. We subtract shipping ($8), and product costs ($12), for gross earnings of $80. These earnings are allocated
as follows:
|
Party
|
Percentage
|
Amount
|
|
Organizer
|
20%
|
$16
|
|
Coordinator
|
10%
|
$8
|
|
Photographer 1 (7 pictures)
|
70% (of his own pictures)
|
$56 / 10 * 7 = $39.20
|
|
Photographer 2 (3 pictures)
|
70% (of his own pictures)
|
$56 / 10 * 3 = $16.80
|
|
|
Continue Tour:
FAQ
|
|
|