Business accounts

All legal (IP licensing or purchase) arrangements are made directly between the designer and the buyer and are signed on the platform. BuyDesign facilitates the payments. For one-off purchases, we add a 15% fee to the designer’s asking price. For royalty license agreements, we deduct 15% from the royalties received by the designer from product sales.

Pricing FAQ

For Business

Do I have to pay a subscription fee?

No, BuyDesign is free to use for now. We just take a commission, and for a one-time fee, we calculate 15% on top of the asking price. For any products licensed to a company and receive royalties, we deduct 15%. We may introduce a subscription fee in the future with access to premium features but for now, it’s completely free to access for buyers and designers.

How do you take payment?

For buying designs from the marketplace, as a One Off purchase, you can pay by card, direct debit, or BACS.
For any Designs which are licensed to you from a Designer through the Platform on a royalty basis, we deduct a 15% commission from the royalty statements you send us. You shall provide us with a royalty report on a periodic basis agreed in the relevant contract. We will invoice you the royalty payable. Upon receipt of full cleared payment from you, we will notify the Designer of such receipt and then pay the Designer.

Can I pay for designs via bank transfer?

Absolutely. We can generate an invoice for you to process and pay via bank transfer.

Can I have multiple users for my business?

Yes, you can add as many team members as you wish. The first user from your business who signs up will be the main account holder who can then invite other team members to join.

Business

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Designer accounts

All legal (IP licensing or purchase) arrangements are made directly between the designer and the buyer and are signed on the platform. BuyDesign facilitates the payments. For one-off purchases, we add a 15% fee to the designer’s asking price. For royalty license agreements, we deduct 15% from the royalties received by the designer from product sales.

Pricing FAQ

For Designers

Do I have to pay a subscription fee?

No, BuyDesign is free to use for now. We just take a commission, for a one-time fee we calculate 15% on top of the asking price. For any products licensed to a company and receive royalties, we deduct 15%. We may introduce a subscription fee in the future with access to premium features but for now, it’s completely free to access for buyers and designers.

How do you take commission?

For one time fee, we calculate 15% on top of your asking price, and for any products, you license to a company and receive royalties, we deduct 15%. So if you listed a design with a one-time fee of £1000, we’d charge £150 commission to the Buyer. Additionally, if you were due to receive £1000 in royalties we would deduct the commission.

Why do I need to set up a Stripe account?

We use Stripe to ensure your payments are safe and the money reaches you securely. We don’t keep your financial details at BuyDesign; by keeping them with Stripe, your data is protected and you’re kept safe from fraud. Stripe is an online payment processing and commerce solution for internet businesses of all sizes. more information here. https://stripe.com/gb

When do I get paid?

If it’s a one-off purchase, you’ll receive your payment within 21 days in your Stripe account. If the buyer has bought the licence to your design, you’ll receive your royalties when the buyer starts selling the product. When a company makes a purchase request or you’re successful from a brief you’ll be able to message the buyer directly and ask any questions. All your agreements can be negotiated and are always between you and the buyer.

Designer

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