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How to make money on Shapeways? This article provides information on Shapeways stores. Keep scrolling to learn more about this 3d model marketplace.
How to make money on Shapeways?
When pricing your models for sale in your shop, you can apply a markup on top of the baseline manufacturing expenses determined when the model was submitted.
Every month on the fifteenth, Shapeways will transfer the sum of your markup fees to your PayPal account. Also, keep in mind that they will only pay you if you have $30 or more. If your balance is less than $30, it will carry over to the following month until the minimum payout amount is reached.
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How do I track my sales?
All of your sales, including pending and verified sales, are listed on your “My Sales” tab. A notification email will be sent to you each time a product is sold. An invoice detailing all markups you have earned and that Shapeways will pay (i.e., the confirmed sales) is sent to you on the 15th of every month, provided that they total at least $30 before the markup fee and before VAT, if applicable.
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Who owns my model’s copyright?
You only grant Shapeways permission to fulfill customer orders, produce the product, and pay out your markup; all other rights to the model remain exclusively with you. However, Shapeways retains the right to exploit the materials you have uploaded for commercial gain. Anytime you wish, you can take your product off of Shapeways. All of the licenses that were given to them will end as a result.
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How do I handle VAT/tax?
Whether or whether you are a member of the EU will determine this. If not, VAT will not be included in payments to you. Only if you are a Dutch registered business will payments to you from within the EU include VAT.
Private individuals and non-Dutch European businesses won’t be required to pay VAT to Shapeways for their income. Please make sure that you are in charge of gathering, reporting, and sending the correct tax to the proper tax authority.
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How do I income tax?
Any income must be reported as income on your tax form. As the law will differ from country to country, we strongly advise that you speak with an accountant or attorney to understand the requirements for disclosing income from Shapeways sales in your country. Shapeways is unable to substitute for a tax professional by offering legal or tax advice.
What occurs if I grant Shapeways permission to use images or renderings for marketing purposes?
These images might appear on the website, in posters, or in other promotional materials. This does not affect your rights to the underlying design; rather, it gives us permission to use photographs to promote Shapeways and you. Whenever possible, they will give you credit by giving the product and design credit to you.
Above are some of the most FAQs about How to make money on Shapeways. For more information about how to make money on your 3D models, let’s visit Animost!
