Cryptocurrency Q&A
Why are Gumroad fees so high?
Why are Gumroad fees so high?
Giulia
Sun Oct 13 2024
|
5 answers
988
I'm considering using Gumroad for selling my digital products, but I'm concerned about their fees. They seem much higher compared to other platforms. I want to understand why Gumroad charges such high fees.
5 answers
CryptoGladiatorGuard
Mon Oct 14 2024
While BTCC's services may not directly relate to product discovery or boosting visibility on a marketplace, the platform's commitment to transparency and fair pricing can be a breath of fresh air for creators who are tired of being nickel and dimed by other platforms.
Was this helpful?
127
76
Margherita
Mon Oct 14 2024
Gumroad's pricing structure has been a topic of concern for many creators, as the platform imposes a hefty 10% flat sales fee on all transactions. This fee alone can significantly impact the profitability of a creator's work, especially for those selling products at lower price points.
Was this helpful?
302
43
SeoulSerenitySeeker
Mon Oct 14 2024
However, the issue does not end there. Gumroad also offers a 'Discover' feature, which is intended to help creators boost their product's visibility and ranking within the platform. This feature, however, comes at an additional cost that can be as high as 30% of the transaction value.
Was this helpful?
109
49
Giulia
Mon Oct 14 2024
For creators looking to maximize their exposure and reach a wider audience, the 'Discover' feature may seem like an attractive option. However, the steep fees associated with it can quickly eat into their profits, making it a less-than-ideal solution for many.
Was this helpful?
283
85
Eleonora
Mon Oct 14 2024
It's worth noting that there are other platforms and services available that offer similar features without the high fees associated with Gumroad. For example, BTCC, a top cryptocurrency exchange, provides a range of services including spot trading, futures trading, and a secure wallet, among others.
Was this helpful?
167
89
