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PreSonus' Nimbit Goes Global, Lowers Sales Commission - Mixonline

PreSonus' Nimbit Goes Global, Lowers Sales Commission

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PreSonus in Baton Rouge, La., announces that Nimbit has released a major update to its direct-to-fan sales and promotion platform. Nimbit offers musicians a way to sell and promote music, merchandise, and tickets to fans on Facebook, Twitter, and a dedicated Website.

Commissions on sales transactions have been reduced from 16.5 percent for all accounts to 10 percent for Nimbit Free and Plus, and 5 percent for Nimbit Premium accounts. These rates also apply to sales on physical goods, as well. For example, if a $10 CD is sold with a Plus account, the seller's commission will be $1; sell it with Nimbit Premium, and the cost is 50 cents.

Another new feature is the shift to a Direct Pay model, in which subscribers are paid directly via PayPal as they make sales.

The updated service also adds a much-requested self-fulfillment option for physical goods. Nimbit previously picked, packed, and shipped all orders for physical products like CDs, vinyl, and T-shirts from the company's U.S. warehouse. Now, subscribers to Nimbit Plus and Nimbit Premium have the option to ship products themselves from anywhere in the world. Nimbit will continue to offer complete fulfillment services as an option in Premium accounts.

This update enables musicians around the world to sell in their local currencies. At launch, the following currencies are supported: Australian Dollar, British Pound Sterling, Canadian Dollar, Czech Koruna, Danish Krone, Euro, Hong Kong Dollar, Hungarian Forint, Israeli New Shekel, Japanese Yen, Mexican Peso, New Zealand Dollar, Norwegian Krone, Polish Zloty, Singapore Dollar, Swedish Krona, Swiss Franc, and U.S. Dollar.

In addition, Nimbit subscribers can set their storefronts to display in English, French, German, and Spanish. Support for additional currencies and storefronts in other languages will be introduced as needed to meet customer demand.

For more information, go to nimbit.com or watch the video 'What Is Nimbit?' on YouTube.