At IndieDoers, we strive to provide a seamless platform for experts to connect with clients and grow their freelance business. We understand that fees are an important consideration, and we aim to be transparent about how our fee structure works while ensuring you can maximize your earnings. Here’s a detailed breakdown of our fees and how much you can expect to earn.
IndieDoers Platform Fee
Platform Fee: IndieDoers charges a 20% platform fee on all transactions. This fee helps us maintain and improve the platform, providing you with a high-quality marketplace to showcase your skills and connect with clients. The breakdown of this fee is as follows:
- 12% for Marketing: This portion is reinvested in marketing efforts to attract more clients to the platform, ensuring a steady stream of potential customers for your services.
- 5% for Operational Costs: This covers the costs associated with running the platform, including customer support, development, and maintenance.
- 3% General Platform Support: This portion is allocated for general platform support, which includes continuous improvements, security measures, and new feature developments.
By contributing to these areas, the platform fee helps create a thriving ecosystem where both experts and clients can benefit.
Payment Processing Fee (Stripe)
Stripe Fee: In addition to the platform fee, there is a payment processing fee charged by Stripe, our payment processor. To learn more about Stripe’s fees, you can visit their pricing page here.
Earnings Example
Let’s break down an example to see how these fees are applied and how much you can expect to earn.
Example: Total Cost of Service: $500
- Platform Fee (20% of $500):
- Total Fees:
- Platform Fee: $100
- Stripe Fee: Refer to Stripe's pricing page for detailed information.
- Earnings After Fees: $500 - $100 (Platform Fee) - Stripe Fee = Earnings After Fees
In this example, if you charge $500 for your service, after deducting the platform fee and the Stripe fee, you will retain a significant portion of the payment, ensuring you benefit from your hard work.
Maximizing Your Earnings
To make the most of your time and skills on IndieDoers, consider these tips:
- Set Competitive Prices: Research the market to price your services competitively while ensuring they reflect the quality of your work.
- Optimize Your Profile: A well-optimized profile attracts more clients. Include detailed descriptions, high-quality examples of your work, and positive reviews from past clients.
- Utilize Marketing Tools: Take advantage of our platform’s marketing efforts by actively engaging with potential clients and promoting your services through social media and other channels.
By understanding our fee structure and using these strategies, you can effectively manage your freelance business on IndieDoers while maximizing your earnings. We are committed to supporting you and helping you succeed in your freelance journey.