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Markup to low after change [message #66025] Thu, 11 April 2013 22:29 UTC Go to next message
avatar AceD  is currently offline AceD
Messages: 14
Registered: November 2011
Go to my shop
Junior Member
Hi,

i noticed that my current markup is 20 Cents less than before.
On Easter i lowered my markup to offer a discount for a week on my models. When the week was over, i set the markup back as it was before that week. The markup was set in EURO, directly in the edit menu from the models.
But now, if someone bought one of my models, the markup i get under "My Sales", which is shown in DOLLARS there, is 20 cents lower.
How could that happend? It's still the same markup (euro) on my model.
Re: Markup to low after change [message #66027 is a reply to message #66025 ] Thu, 11 April 2013 22:45 UTC Go to previous messageGo to next message
avatar mkroeker  is currently offline mkroeker
Messages: 2068
Registered: June 2012
Go to all my models
Shapie Expert
My crystal ball tells me that your markup must be something like 7 Euro then ?
(Think Eur/USD exchange rate - and shapeways adjusts their rate sometime at
the beginning of each month)
Re: Markup to low after change [message #66054 is a reply to message #66027 ] Fri, 12 April 2013 07:40 UTC Go to previous messageGo to next message
avatar AmLachDesigns  is currently offline AmLachDesigns
Messages: 1360
Registered: September 2011
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Shapie Expert
This is discussed a lot in other threads.

Although you may input your markup in Euro it is stored in USD by Shapeways and then converted using their rate each time the price/mark-up is displayed or the product is bought.
Re: Markup to low after change [message #66059 is a reply to message #66054 ] Fri, 12 April 2013 10:44 UTC Go to previous messageGo to next message
avatar AceD  is currently offline AceD
Messages: 14
Registered: November 2011
Go to my shop
Junior Member
AmLachDesigns wrote on Fri, 12 April 2013 07:40

This is discussed a lot in other threads.

Although you may input your markup in Euro it is stored in USD by Shapeways and then converted using their rate each time the price/mark-up is displayed or the product is bought.


I know about the converting rate. But the markup was always the same for over half a year , i received for the same product that was bought.
But than i change it once and go back after that to the old markup, and it's 20 cents less? That can't be right...
Re: Markup to low after change [message #66060 is a reply to message #66059 ] Fri, 12 April 2013 11:08 UTC Go to previous message
avatar mkroeker  is currently offline mkroeker
Messages: 2068
Registered: June 2012
Go to all my models
Shapie Expert
One of the more recent site updates added the ability to see the current exchange rate used by shapeways
when you select "Edit" on any of your models. If you apply the current conversion to your Euro markup, does
it match the suddenly too low USD value ? (I am by no means an avid watcher of exchange rates, but the rate
has been quite stable slightly above 1.30 in recent months, except for a spike in February. Depending on the exact date
(or closeness to the official rate) shapeways chooses for their update, it is not inconceivable that recent fluctuations
in your markup may have been too small to notice while the latest update dropped the exchange rate below 1.30

 
   
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