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Please read and ensure you are aware of the fees associated with lisiting your items with fashiontrader.co.nz. Fees & How it worksHow it works When you list an item for sale you will be asked for an ‘ONO’ (or near offer) price, this is the price that the public see. You will then be asked for your “reserve price” this is the lowest amount you would accept for the item, the public doesn’t see this price so they are asked to “make an offer”. You must enter this reserve price even if its is the same as the ONO price otherwise if you leave it blank it will mean the customer can purchase the item for as little as 1 cent. If for example you listed the item at $100.00 ONO but your reserve is $90.00, a potential buyer could “make an offer” of $89.00 and they would receive a “sorry your offer wasn’t successful” response, if they then made an offer of $90.00 or higher they would immediately be taken through to the “payment page” where they can use their credit card to purchase the item. This means that a potential sale won’t be lost because the seller isn’t able to respond to an offer immediately and the buyer perhaps loses interest, the sale is made while the buyer is ready to purchase. Fees Once a sale is made the credit card payment is deposited into our Holding Account, this is simply because it is unrealistic to expect all of our sellers to have a Merchant Account which is what would be required to receive the credit card payment directly. The payment will appear in our bank account with a seller’s unique code so we know whom to forward the funds too. Once you receive the funds you then send the item.
Example: if you were to sell an item for $50.00 you would receive *$43.75 (*if payment was made by either Visa or MasterCard) NB: We recommend you factor in these costs when deciding on your sale price & postage. |
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| We don't charge registration or listing fees so... |
| if you don't sell it, you don't pay. |