3 ms·
Some things don't compare well. Unfortunately, fee systems are some of those things. I just looked up Etsy because 3.5% commission seems unrealistically low (cr
by scarlac 9y ago
Some things don't compare well. Unfortunately, fee systems are some of those things. I just looked up Etsy because 3.5% commission seems unrealistically low (credit card fees are easily higher):
https://www.etsy.com/help/article/136 https://www.etsy.com/help/article/136
Turns out, they have several other fees on top. So it's not only 3.5%, it's actually $2.4 a year per item. Add to that the credit card fees of minimum 3-4.4% + $0.25 per sale.
On top of this, you need to add the shipping fees, currency conversion fees and each platform have their own particular setup.
This all goes to show that you can't just randomly pick fees out like that. The total cost to the user needs to be considered.