Silk Road forums
Discussion => Silk Road discussion => Topic started by: chasezip2201 on January 14, 2013, 05:35 pm
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Hey I know it goes down with the higher the order but I'm just wondering is anyone has the full ladder. Thanks.
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Hey I know it goes down with the higher the order but I'm just wondering is anyone has the full ladder. Thanks.
Hi chasezip2201,
I'm just going to quote one of my previous posts from another thread to save time:
Been searching the wiki and the forums and can't seem to see the transaction fee %'s spelled out anywhere.
Anybody know them, or have a link\want to point me in the right direction?
Hi moksha,
The commission scale has been laid out on the forums a number of times but it always disappears in the haze of crazy posts! Here's an example from DPR's State of the Road Address:
http://dkn255hz262ypmii.onion/index.php?topic=8397.0
We also went to the Silk Road independent sellers to see what they thought an appropriate commission schedule would look like. The average response looked like this:
15% of the first $10
11% of $10 - $50
8.14% of $50 - $250
5.6% of $250 - $1000
3.7% of $1000 - $5000
We looked at past sales data and our current and future revenue needs and were able to bring these numbers down even further:
10% of the first $50
8.5% of $50 - 150
6% of $150 - 300
3% of $300 - 500
2% of $500 - 1000
1.5% for everything over $1000
So taking DPR's fee scale, here is how a sale is broken down:
In a $300 sale, for example:
$50 is charged at 10% of the first $50, so $5 fee.
$100 is charged at 8.5% of the next $50 - $100, so $8.50 fee.
$150 is charged at 6% of the final $150 - $300, so $9 fee.
Total: $300.
Total commission: $22.50
Total paid to vendor for item: $277.50
Total paid to vendor for item, if hedging order (@ 4% hedging fee): $266.40
In a $1016 sale, for example:
$50 is charged at 10% from the $0 - $50 point, so $5 fee.
$100 is charged at 8.5% from the $50 - $100 point, so $8.50 fee.
$150 is charged at 6% from the $150 - $300 point, so $9 fee.
$200 is charged at 3% from the $300 - $500 point, so $6 fee.
$500 is charged at 2% from the $500 - $1000 point, so $10 fee.
$16 is charged at 1.5% from the $1000 and up point, so $0.24 fee.
Total: $1016.
Total commission: $38.74
Total paid to vendor for item: $977.26
Total paid to vendor for item, if hedging order (@ 4% hedging fee): $938.17
You may also be interested in the post I wrote in response to a question asked by Bungee54 about pre-commission and post-commission pricing. That post explains how much you get if you choose pre-commission, how much you get if you choose post-commission, how much you get if you decide to hedge, and what the customer will actually see on the listing itself depending on the option you choose.
You can find that post here:
http://dkn255hz262ypmii.onion/index.php?topic=37765.msg429683#msg429683
You can also follow the link in my signature to a discussion thread on this topic.
- grahamgreene
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Thanks more than I could of asked for.
You're very welcome. :)
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As a vendor I found this list of fees a blessing ;)
cheers man
DW
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As a vendor I found this list of fees a blessing ;)
cheers man
DW
Glad I could be of service. I see you are enjoying great success on Silk Road, WeaverOfDreams; keep up the good work! :)
- grahamgreene
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You can also look it up on these handy charts. :)
http://32yehzkk7jflf6r2.onion/srcom/
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You can also look it up on these handy charts. :)
http://32yehzkk7jflf6r2.onion/srcom/
Ooh, they ARE handy! Nicely laid out too; I'll be adding them to my collection. Thanks astor!
- grahamgreene
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Make sure to click the charts for the bigger versions. :)