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PRICING

You have complete freedom to decide the pricing of your artwork. For products in Photos & Frames category, the logistics and the shipping cost will be borne by Artoreal. In case of paintings, the logistics (delivery) of your artwork and the corresponding shipping cost will be deducted from your overall transfer amount. Ensure that you include the one-way shipping cost to the painting you upload. The final price displayed to the buyer will always be inclusive of all the costs.

Artoreal will charge facilitation fee for every successful order. The payment after deduction of facilitation fee & logistic cost will be made directly to your (seller’s) bank account through NEFT transactions on 01st and 16th of every month (if there are bank or national holidays then dates would advance accordingly). The payments will be made for all the successful orders completed before the payment dates.

PRICING STRUCTURE

Settlement Amount

This is an amount credited to your bank account against every successful delivery

Artwork Price

This is artwork price which is decided by you, the seller (this price excludes tax and any packaging or logistic charges)

Artoreal Fee

This is the facilitation fee charged by Artoreal which will be deducted from artwork price

SAMPLE CALCULATIONS (NOT ACTUAL)

Sr. No. Selling Photos & Frames ReferenceE.g. Amount ( )
A Artwork Price (to be decided by you) A 2000
B Packaging & Shipping Fee B NA
C Taxes (If you are GST registered then 18% GST need to be charged) C (18% of A) 360
D 30%* Artoreal Facilitation Fee (will be deducted from artwork price) 30%* of A 600
E Settlement Amount (amount that will be credited to your account for successful order) (A + C) - D 1760
F Printing & Framing Charges including tax depends on Size & Medium F 400
G Price displayed on Artoreal Portal A + C + F 2760
Sr. No.Selling PaintingsReferenceE.g. Amount ( )
A Artwork Price (to be decided by you including Packaging and Shipping Cost mentioned in point B) A 2000
B Shipping Cost Deduction (Sample calculation mention below) B 300
C Taxes (If you are GST registered then 12% GST need to be charged) C (12% of A) 240
D 10%* Artoreal Facilitation Fee (to be deducted from artwork price) 10%* of A 200
E Settlement Amount (amount that will be credited to your account for successful order) (A + C) – (B+D) 1740
F Price displayed on Artoreal Portal A + C 2240

Note*: Above mentioned Artoreal facilitation fee is for reference purpose. Please login to know actual Artoreal facilitation fee. Please feel free to reach out to us at Contact Us or contact our toll-free number 1800-120-2524 between 9 AM to 6 PM on weekdays.

Shipping Cost Calculations

Shipping cost is calculated based on 2 parameters; Actual Weight and Volumetric Weight. You will need to provide both the parameters to calculate the shipping cost. Artoreal will provide you with shipping cost calculator which will give you approximate shipping cost for your artwork. This calculator will be available once you register with us a seller and login to your seller page.

Actual Weight

This will be final weight of the packaged artwork ready for shipping.

Volumetric Weight

The cost of a shipment can be affected by the amount of space that it occupies, rather than the actual weight. This is the volumetric (or dimensional) weight. Volumetric weight is calculated using below formula;

Volumetric Weight (kg) = L*B*H (Length x Breadth x Height)/5000 where LBH are in centimetre.

Note*: The Length, Breadth and Height are to be calculated of the final packaged artwork.

Example for Shipping Deduction Cost –

  • Let’s say actual weight of the packaged product is 2 KG
  • Let’s say volumetric weight of packaged product is 3 KG
  • ArtOreal is going to deduct from seller’s pay-out Rs 70 per 500 grams (Half KG)
  • For calculation, the highest among the two weights (Volumetric Vs Actual weight), is taken for shipping rate deduction.
  • Therefore, Total Shipping Deduction by artOreal = 3 * 2 * 70 = Rs 420