This morning Collis Ta’eed announced on the Envato Notes blog that their price adjustment tool, previously available to Envato Elite authors on their marketplaces that reached $75,000 in sales, is no longer available. Normally prices on the Envato marketplaces are set by Envato during the product review process, and not by the author of the product. The price adjustment tool, announced last year, allowed certain authors to test out different prices for their products beyond what the marketplace would set for them.
The change, Ta’eed said, comes to prepare for the next major change to Envato’s pricing strategy. The introduction of variable pricing for certain elite authors was Envato’s first step toward dynamic pricing. “While it has had some success,” he said, “it’s become clear to us that it’s not the long-term solution.” The updated pricing solution — while what it is isn’t exactly clear yet — is slated for release “later this year”.
With the pricing tool removed, any marketplace products with modified prices will be left at the last price their author left them at. This affects 160 current authors who have already reached the $75,000 Elite level.
