How to Upload and Sell your Financial Model Templates

Creating a financial model can be very time consuming and requires skills as well as financial modeling know-how. For these reasons, many users, such as entrepreneurs, executives, consultants, and investors, appreciate the possibility of being able to make use of ready-made financial model templates in the form of Excel spreadsheets or similar programs. By simply downloading a template, they can use it as either a base or a reference for their financial modeling tasks.

With your help as a vendor, you will be able to provide our users with their need for easy-to-use financial model templates. So, get started and sell your model templates now! Below is a simple step-by-step guideline on how to upload your template and then sell it here at eFinancialModels.

Vendor Dashboard

The vendor dashboard can be accessed if you’re logged in. You will find it under the My Account Menu. Once you click on the Vendor Dashboard Menu, you will see the other menu below it that you can access the tabs in the Vendor Dashboard, such as the list of your products, adding a new product, showing your earnings, orders, your profile, requests, and then the customer feedback regarding your templates or services.

Products

The Products menu basically shows all the Excel or Google Sheets products that you have uploaded. It is shown just like the picture below:

As you can see in the screenshot above, you can View, Edit, or Delete your product pages here. It will be shown as empty if you still haven’t uploaded any templates yet. So, start creating your templates and upload them to start earning!

Add Product

This Add Product Menu is where you can create a product page to introduce and sell your financial model template. The Download Title is self-explanatory. It is the name of the Template that you want to sell; preferably the Specific Industry and Use Case of the Model. A Featured Image is a custom image that will show as the face of your product. The Summary excerpt is where you can briefly describe your product straightforwardly.

See the picture below as a reference:

Assigning the Industry

The next thing to do is to select the relevant industries related to your financial model template. The list of industries will be continually expanded (click on the side arrow or down arrow), so please select “other” in case your industry is not on the list at the moment. This will help tag your template under its own category of industry and help the customers find your template under the Category of Industry it belongs to.

Writing a Product Description

Your product description must at least contain 300 characters that will answer the questions: what is the model template for? what is included in the template? how can this template be used? and other things that will help the user understand your product. The limit is 15000 characters so feel free to be as detailed as you can about your product.

Please keep in mind that the content of the description is very important. Highlighting what your template includes and what your model can do will be critical for users and potential customers to know to decide whether to buy your product or not.

Uploading Screenshots of your Excel Model

It’s important to show the user what he/she gets when downloading the model. We recommend that you upload at least 3 to 7 screenshots or pictures depicting your model’s appearance or overview.

Uploading your Excel File and Pricing

In the next section, please upload your template file and the name of the price option. We usually tag the product as Excel Model or PDF Demo for free demos. Please note that if you choose a higher price, the user expects more documentation, better quality formatting, and design as well.

As you can see above, you will need to select the Product Type: Default or Bundle. Default stands for a normal product page, while the Bundle is for selling your multiple templates that have been published in our platform, in one product page. Please refer here as an example: Template Bundles.

For a new product, simply click on the Upload button, and fill in the Price Option, Amount, and Version Number. If you want to add another Price Option, click on Add Product Chain.

Also, we recommend that you upload two or three versions of your model and choose different pricing points. We practice always uploading a FREE Version where the cells are protected and a FULL Version where all cells are unprotected. This allows the user to first download the Free Version and test your model before making the decision to buy it. As the cells are protected, the functionality is very limited, and any serious user most likely will return to buy the Full Version.

Assigning the Use Cases

Up next is to assign the use cases that apply the functionality of your financial model template. This will help tag your template under its own use case and then help the customers find your template faster. After you are done with this part, you are now ready to submit the model for reviewing.

Review Process

We manually review every financial model template we receive to ensure the quality of the website and also help our Vendors to market their products in the best possible way. You will either receive an approval notification message, or we will contact you directly with feedback and suggest some changes that will help your template sell better.

Earnings

In this Menu, you will find all the commissions owed and paid to you. Commissions are paid at the end of the month to your PayPal account.

For selling financial model templates, your commission is 70% of the sales price, while we reserve 30% for marketing and operations of the platform.

For the Sale of Services, we apply a– Tiered Commission Rate system. When selling a service that requires spending time on a customer’s project, our fees depend on the order value of the customer:

  • Tier 1 Custom Services – Order values up to $500 will be charged with a 20% commission fee.
  • Tier 2 Custom Services – Order values above $500 and up to $1,000 will be charged with a 15% commission fee.
  • Tier 3 Custom Services – Order values exceeding $1,000 will be charged with a 10% commission fee.

    Please note the above commission scheme takes into account cumulative orders. This means if a customer already exceeded the $1,000 order threshold and orders again for $400, we still apply the Tier 3 commission rate of 10%.

The Earnings menu looks like this:

With this, you will be able to track all sales and your commissions.

Profile

If you haven’t filled it up yet, please complete your profile by adding some background information about yourself in the Profile menu. It is important to make sure that a valid PayPal Email is entered so that payments can be made automatically.

Customer Requests

There are some cases that customer has questions about your product or request for further assistance or customization. In this tab, you will be able to see all your customer request messages and can reply back to them directly.

Product Comments and Reviews

Users can give feedback on the models they have downloaded. So, if they chose your template and left a review or comment on the product page, you can see the feedback received on the Comment or Reviews tab. This will allow you to respond to the user’s comment directly and answer their inquiry. This is a great way to improve the templates further, and also many users require help as well as assistance with financial modeling projects. Therefore, feel free to reach out to them directly.


We hope that this guideline gave you a useful overview of how to upload and sell your Excel Files on eFinancialModels. If you have any further questions, please don’t hesitate to contact us.