Pricing Policy for Dance Vinyl Records
At Dance Vinyl Records, we aim to create a fair and transparent marketplace for all our users. To ensure the platform operates smoothly and continues to provide value to buyers and sellers, the following pricing policy applies:
Commission Rate
- Dance Vinyl Records charges a variable percentage commission on the total sale price of each transaction. This mean it can go up due to inflation.
- This commission is automatically deducted from the seller’s earnings at the point of sale.
Additional Details
- The total sale price includes the price of the item and any applicable shipping charges set by the seller.
- Taxes (if applicable) are not included in the commission calculation and are the responsibility of the seller to manage.
Example of Commission Deduction
For a sale of £100 (excluding any taxes):
- Sale Price: £100
- Commission (5%): £5.00
- Seller Earnings: £95.00
Transparency in Transactions
- All commissions will be displayed in your seller dashboard for each completed sale.
- Sellers will have access to detailed breakdowns of their earnings, including the commission deducted.
Why a Variable Commission?
The commission supports:
- Platform Maintenance: Ensuring the marketplace runs efficiently and remains user-friendly.
- Ongoing Improvements: Funding the development of new features and tools for our sellers and buyers.
- Marketing and Advertising: Increasing visibility for sellers and attracting buyers to the platform.
By keeping our commission rate low, we strive to maximize seller profits while sustaining the high quality of our marketplace.
If you have any questions about this policy, feel free to contact our support team for assistance. Thank you for being a part of Dance Vinyl Records!