First contest with lifetime royalties on ever unit purchased

This month we launched the first contest with lifetime royalties on every unit sold: https://www.cadcrowd.com/contest/2102-invisible-suspenders-prize-includes-royalties

Please let us know your thoughts and whether you feel royalties are an upsell that encourages contest participation? Depending on your feedback + trial contest participation, we may add royalties as a contest upgrade in the future :)

Hi MacKenzie,

 Royalties are a very good income and valuation of the designer and time spent in design. it would be a good thing to make sure that the royalties are systematic
Regards
REDA

REDA wrote:Royalties are a very good income and valuation of the designer and time spent in design. it would be a good thing to make sure that the royalties are systematic
Regards
REDA

Great, we'll see how this contest goes and brainstorm options for including it as an optional upgrade for future client projects.

As a correction, the referenced contest is not lifetime royalties, it's only the first 10,000 units sold.

Jim81 wrote:As a correction, the referenced contest is not lifetime royalties, it's only the first 10,000 units sold.

Hey Jim, my mistake, I appreciate your correction. Based on this example, we'd aim to add a royalties option with a lifetime or for a limited number of sales.

Thanks again for the feedback guys :)

Interesting.  We will see how this goes but its another option.