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So it is not 10% but lower? What would you find reasonable?
by the-dude 6y ago
So it is not 10% but lower?
What would you find reasonable?
- beckler 6y agoIt's currently at 7.7% + $0.25. But it's a bit more complicated than that. If you want something to sell, you usually have to use their "bump" feature to get it to show up at the beginning of any relevant search results. You give an additional percentage of the sale to get it higher in the listings. If you have a more common item, you usually have to give up a higher percentage to get it noticed. Once you factor in shipping and everything else, I usually sell most of my items at a loss of 10-25% depending on the item. I've never really made a profit from anything I've sold on Reverb.
- the-dude 6y agoTBH, it does not sound bad to me at all ( ignoring the bump feature ). I assume they take care of the transaction/payment? Normal creditcard transaction fees are at 2% + $0.25, and this is without providing a market(place). AppStore takes 30%, Uber/Deliveroo etc take about 15%.