Clarity on cost of selling

Good day and thanks in advance.

I need some clarity on the selling fees. I “THINK” I understand them, but want to make sure.

I assumed that by trying the web store for the monthly fee, there would be NO fees associated with the sell. I think I’m wrong.

First question, do I have this [URL removed]

1. If I pay for the web store at the monthly rate, there is no fee added if the purchase is done at my webstore. Just whatever membership plan I paid for.

2. If the purchase is made at my booth, the fees are the level of the advertising percentages I’ve selected (3.5, 9, 13, etc).

Is this correct?

Second [URL removed]

1. If I have a webstore, the responsibility is on me to drive traffic to it. Bonanaz doesn’t push traffic to it.

2. If I have a booth, in theory, the advertising percentage I choose would drive traffic to it. Again, in theory.

Again, are these assumptions also correct?

asked over 6 years ago

1 Answer

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I assumed that by trying the web store for the monthly fee, there would be NO fees associated with the sell.

1. If I pay for the web store at the monthly rate, there is no fee added if the purchase is done at my webstore. Just whatever membership plan I paid for.

Correct no final value fees for a webstore, only the monthly webstore fee

Though I would go with a free booth for a while until everything is set up and working properly before plunging into something without understanding how things work…

2. If the purchase is made at my booth, the fees are the level of the advertising percentages I’ve selected (3.5, 9, 13, etc).

Again Correct the final value fee will be or up to but not more than the advertising fee you selected. Many time the fee is actually a bit lower. It always depends on how many ad clicks the item has before it actually sells

Second [URL removed]

1. If I have a webstore, the responsibility is on me to drive traffic to it. Bonanaz doesn’t push traffic to it.

2. If I have a booth, in theory, the advertising percentage I choose would drive traffic to it. Again, in theory.

Correct again for both 1 and 2

However, using social for either the webstore or the booth always helps. The ad fees puts your items out there…but does not always guarantee that someone will click on the ads

Either case
Create a FB business page and have your items listed using the Bonanza FB app
Create some pinterest boards to showcase your items
Tweet items (if you have a twitter account) as must as you can without getting flagged as span..

There are others, I do not use…but others do
Instagram, google+, etc

selected by Bonanza as the best answer

answered over 6 years ago

ccmom
Reputation: 12648
See ccmom's booth
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