i just made my 1st sale today. i m now doing the maths on the commission rates. some how they do not seem to add up.
is commission charges on the shipping fees?
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LadyTrinket Reputation: 16 See LadyTrinket's booth |
Yes, commission is charged on the shipping fees on any shipping amount charged over $10. In other words, the first $10 of shipping charges is free of commission.
However, there is a $0.50 minimum commission that you pay on your sale. So, if you were selling a $4 item with $6 in shipping charges, then your commission is paid only on the $4 item. At 3%, you would expect that the commission would be 12 cents. However, you will pay 50 cents (minimum), resulting in a commission rate of $0.50/$4.00 = 0.125 = 12.5%.
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tomwayne1 Reputation: 8637 See tomwayne1's booth |
Congratulations on Your 1st sale!
“my item is $13. my shipping is $5.90”
The above numbers show that You’ve chosen here the basic advertising level (with 9% max fee):
https://www.bonanza.com/booths/LadyTrinket/broadcaster
It’s a fee only on Your item’s price.
Here You can check Bonanza pricing (fees structure):
https://www.bonanza.com/site_help/fees_and_payments/pricing
Welcome to Bonanza and good luck!
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ArtistsUnion Reputation: 3676 See ArtistsUnion's booth |
i still don’t get it.
my item is $13. my shipping is $5.90.
please explain how the fees add up to $1.17?
thks.
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LadyTrinket Reputation: 16 See LadyTrinket's booth |
Start collecting your daily tokens. They really help when it comes time to pay fee’s
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misskeech Reputation: 1958 See misskeech's booth |
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