Having a store and an artist page in Beloud is completely free. Beloud charges a 10% commission in each sale. In digital sales we retain an additional 8.5% that goes to the performance rights organization that deliver this amount to the authors composers of the songs.
There are no monthly fees or commitments. And Beloud has an income just if you have an income, we work for the common success.
Beloud receives only an income if you receive an income, our vision is based on contributing to create a sustainable music industry. You will see that Beloud applies a 10% commission on your digital sales before taxes and an additional 8.5% that goes to the performance rights organization that deliver this amount to the authors composers of the songs.
Beloud's commission on physical sales is 10% of the amount paid by the buyer before shipping and taxes.
Approximately: € 0.35 + 3.4% if the sale is in euros, 0.2 £ + 3.4% pounds, $ 0.3 + 3.9% in dollars. If you want to expand the information you can see it in the following link
Since January 2016, the European Union obliges the payment of the sale tax for all digital songs or albums in the country where the purchase takes place. That is to say in Spain it would apply 21%, in Germany 19% ... A quarterly VAT declaration and deposit in each of the countries where there are sales is mandatory.
We take care of this management for the artist. We inform and make the deposit of the VAT generated in each country.
You can decide that the price of the item includes the taxes or indicate the tax separately when the buyer is from your country or in the case of the United States when the buyer is from the same state. In that case, when a buyer is from your country (or from your state in the United States) in the payment of the order the taxes will appear differentiated and when he / she is from outside your country (or state in USA) the order will not have taxes.
Each time a sale of a digital song occurs, a percentage of the income should go to the authors and composers of the song. This is so as in many cases the artist is not necessarily the composer / author (it may be because the artist has played a song composed by a third party or a collaboration, because not all members of the Artist are composers or because one of the composers / authors is no longer a member of the artist).
We have agreements with the main performance rights organizationof authors who are responsible for delivering these amounts to the authors corresponding to each song and depending on where the sale takes place apply some conditions or others (8.5% for Spain) .
In the case of payment via PayPal or credit card, when the purchase. In the same transaction, we discount the amount of the commission of Beloud (in the case of digital sales also the amount for the author performance rights organizationand VAT in the case of a European buyer) and the rest is sent Automatically to the artist's account.
In the case of transfer, you receive the income directly in your bank account when the buyer does the transfer.
Every time you receive a payment by transfer, the amount comes directly to you and therefore Beloud cannot automatically deduct the commission from Beloud as it is done in the case of payment with PayPal or credit card. This sales commission of Beloud is added to the "Commission pending payment" and when the next sale with credit card or PayPal occurs, the "Commission pending payment " will be subtracted from the amount that will be sent to the artist associated to that order.
At Beloud, you have the option to increase your sales by offering your whole digital discography in one package. You can define the percentage of discount that will be applied to the total of your digital discography. For example, if you have three digital album, each for an amount of € 10, and you define a 30% discount, you will be applying a discount of 30% on 30 € which is the amount of all digital discography and the price a fan will have for the whole digital discography will be 21€. This option is very interesting, it foster the loyalty of the fan and encourages a purchase that means a higher income and you have no manufacturing or shipping costs so it 's a great tool to encourage your sales.
At Beloud, we want your relationship with the fan to be more yours than ever, so you decide what general or particular shipping conditions you want to present to your potential buyers, such as which countries you are shipping to or what shipping times for each Order, preferences...
Your return policy is yours and nothing more than yours, you decide how you want to manage returns between your fans and you. Who pays for the return shipping cost, what repayment terms you set…
Do not forget to take into account the legislation of your country, for example in the case of Spain the minimum term to be provided to a buyer is 14 calendar days in the case of physical products. In the case of digital products, the same deadline is available as long as the download has not been made. Once the song or disc has been downloaded, the right to the return is lost.