Commission, fees and GST
Bay of Islands Creative connects artists with collectors and purchasers. For managing and marketing the gallery, as well as supporting the sales between the two, we charge an annual subscription (from the date of you first joining the gallery) and a commission fee.
Commission, fees and GST
Bay of Islands Creative charges a tiered commission structure.
- 30% for sales up to $15,000
- 25% for sales of $15,000 to $25,000
- 20% for sales over $25,000
Commission and payment charges are subject to NZ GST (15%).
Here is a pricing example for an artwork selling for $1,000:
- Artwork Sale Price: $1,000
- Bay of Islands Creative (30%): $300.00
- Total Deduction: $300.00
- Seller Receives: $700.00
A full list of charges and how payments are calculated can be found in our artist vendor terms and information.
Discounts
Discounts can be an important selling tool for artists and galleries alike, with a discount between 10% and 20% being a standard range. We will always discuss any discounts with you first or you can load these from your own Seller Dashboard.
If you have any preferences as to how discounts might work for you, have a conversation with one of our team.
When will I get paid?
Our payment process starts once you’ve confirmed shipment of your artwork and you’ve provided us with a tracking number.
Your payment will come through in the month after you shipped the work. For example, if you shipped your work in August you can expect payment in September.
You’ll be emailed a statement which will outline all the details.
We have one payment run on the 20th of each month.
To avoid delays, make sure that your payment details are up to date in your Seller Dashboard. For help updating payment details, follow the Seller Dashboard instructions we’ve sent you.
Payments under $40.00
For payments to artists which are under $40.00 we issue payment every three months. Processing payments under this amount costs you and us money and this gives us time to increase the payment amount if another sale is made in the meantime.
