Profit question on digital downloads

Skorri

I understand several weeks ago SmugMug dropped the price back to 1 cent, base price. I added the download as an option to a new gallery last night but don't understand the math. I set a Hi Res at 7.00, base price is .01 but my profit is 5.94 ? What am I missing here ?

:dunno

rainforest1155

With any SmugMug product that you mark up, you get to keep 85% of the profits after taking out the base price. Going with your example:
$7.00
-$0.01 base cost
=$6.99 * 0.85
=$5.94 your profit

Skorri

Thanks !