Fanatics Collect, a platform beloved by collectors, is thrilled to introduce its latest innovation – a revamped Buy Now marketplace. This new marketplace is set to revolutionize the buying and selling experience by providing sellers with a simplified fee structure that promises higher earnings.
One of the most exciting changes is the introduction of a 6% fee for listings sold for less than $120, a rate considered one of the most seller-friendly in the industry. This new fee structure marks a significant shift from the previous 20% buyer’s premium and bonus commission fees, ultimately empowering sellers to make the most of their transactions.
Sellers will now have the opportunity to earn up to 94% of the listing price on sales under $119.99, a substantial increase from the previous maximum of 85%. This boost in earnings is intended to benefit sellers immediately, with all existing listings seamlessly transitioning to the new fee structure without necessitating any adjustments to prices.
The redesigned Buy Now marketplace doesn’t just stop at offering favorable fees; it also enhances the overall user experience. By improving the discoverability of cards, reducing listing times, and simplifying fees based on input from collectors and sellers, Fanatics Collect has created a space that encourages more competitively priced listings and a wider variety of options for buyers.
To ensure fairness and competitiveness, listings priced more than 20% above fair market value will now incur a 15% seller’s fee instead of the standard 6%. Moreover, the removal of the previous $3 minimum fee for Buy Now sales enables sellers to list items for as low as 50 cents, catering to a broader range of products and prices.
The benefits extend beyond sellers to buyers as well, with the streamlined checkout process facilitating quicker transactions. When collectors make purchases through the Fanatics Collect app, they now pay immediately, allowing sellers to receive payments promptly and buyers to add coveted items to their collections without delay.
For sellers who may not wish to operate under the new fee structure, the option to delist items at any time provides flexibility. Support is readily available for sellers through their sales representative or the dedicated Collector Experience team, ensuring a seamless transition to the revamped marketplace.
The debut of the Buy Now marketplace marks a pivotal moment in the Fanatics Collect journey, aimed at elevating the trading experience for all collectors. Embrace the new marketplace today and leverage the simplified, lower fees to maximize your earnings on every sale. Fanatics Collect is ushering in a new era of buying and selling in the world of collectibles – don’t miss out on this exciting opportunity!
