On occasion, we offer promotional discounts as an incentive for new and returning collectors to explore the constantly updating selection of artwork on our site. We find that offering promotions from time to time allows artists to gain the attention of collectors previously unaware of their work and a better chance to make future sales.
The discount codes typically give buyers between 10% - 20% off original works, and do not exceed these amounts.
If you sell an original work, Saatchi Art will receive a 40% commission on the final sale price. If a promotional discount code is offered, the discount will be deducted from the price of the artwork and the usual 60/40 split will then be calculated.
It is worth remembering that Saatchi Art’s commission is 40%, whereas the gallery standard is 50%. This means that very often even with a discount you will be earning more through your sales with Saatchi Art than if you were to sell through another gallery that takes 50% commission.
For open edition prints, artists are entitled to 60% of the profit on each sale. Profit is calculated from the final sale price minus the costs of production. (For more information, please visit our FAQ - "What Is My Payout Percentage For Sales")
It's also important to note that during your initial sign up, you agreed to the following condition (included in our official statement of terms and conditions):
Saatchi Art reserves the right to promote and market Original Works of Art and/or Digital Works through the use of sales and/or discounts. The sale or discount amount will apply to the listing price of Original Works of Art and/or Printed Works relating to the Digital Works. After the discount code is deducted from the sales price, our usual commission of 40% will be applied.
We thank you for your understanding and for being a part of the Saatchi Art community!
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