Fanatics Collect has unveiled an exciting update for all card collecting enthusiasts – the introduction of a brand new Buy Now marketplace. This innovative platform comes with a fresh fee structure designed to help sellers make the most out of their sales, maximizing their earnings in the competitive market.
One of the key highlights of the new fee structure is the implementation of a low 6% fee for listings sold below $120. Compared to the industry standard, this rate is one of the most competitive, providing sellers with a significant boost in their potential profits. The previous 20% buyer’s premium and bonus commission fees have been replaced, ensuring a more lucrative selling experience for all involved.
For sellers, the new fee system means that they can now earn up to 94% of the listing price for sales under $119.99. This is a substantial increase from the maximum of 85% that was previously possible, offering sellers a more substantial return on their sales. What’s more, the transition to the new fee structure has been seamlessly implemented for all existing listings, saving sellers the hassle of adjusting prices manually.
The redesigned Buy Now marketplace not only focuses on improving seller earnings but also aims to enhance the overall user experience. By streamlining the browsing and purchasing process, the platform has made it easier for collectors to discover new cards, reducing listing times for sellers, and simplifying the fee structure. This customer-centric approach is a result of extensive feedback received from both collectors and sellers within the community.
To ensure a fair and competitive environment, listings that are priced over 20% above the fair market value will incur a 15% seller’s fee, rather than the standard 6%. This measure aims to promote reasonable pricing and discourage inflated rates, benefiting both buyers and sellers in the long run. Additionally, the removal of the $3 minimum fee for Buy Now sales allows sellers to list items for as little as 50 cents, catering to a wide range of budgets.
The enhanced Buy Now marketplace also promises faster transactions for all parties involved. Through the Fanatics Collect app, collectors can now make instant payments for their purchases, enabling sellers to receive their funds promptly and buyers to expand their collections without delay. This swift and efficient process adds a new level of convenience to the buying and selling experience within the community.
For sellers who may prefer not to operate under the new fee structure, the option to delist their items at any time is available. If needed, sellers can reach out to their dedicated sales representative or contact the Collector Experience team for personalized support and guidance. Fanatics Collect is committed to providing a seamless and rewarding experience for all participants, ensuring that the needs and preferences of the community are met.
The introduction of the Buy Now marketplace marks a significant step forward for Fanatics Collect, signaling their commitment to enhancing the card collecting experience for collectors and sellers alike. Explore the new platform today to experience the benefits of simplified fees, faster transactions, and increased earning potential on every sale. Join the community and elevate your card collecting journey with Fanatics Collect!
