Hello -
I'm going through my numbers for transactions and I've come across a stumper. I need a breakdown of fees (fee schedule) for vendors for ANY and EVERYTHING that is charged for. It is probably available in the VENDOR SECTION of these forums - but my MONTH OLD request for SR Vendor status (3 requests, actually) have gone without response. I was asked to be patient, but waiting a month to have critical information such as this - it's a little ridiculous, especially with the amount of money being taken out of these listings.
So - I want my SR Vendor Status & I want to know where my money is going.
Maybe you guys should take all the money you're making - which has got to be ungodly - and hire a few more people to get some simple shit done - if I ran my business this way, I'd be out of business - but I'm not running a monopoly on an illegal enterprise - must be nice.
N4L
Hi Nod4Less,
Please see here for getting access to the Vendor Roundtable and obtaining the 'Vendor' tag:
http://dkn255hz262ypmii.onion/wiki/index.php?title=Vendor_roundtable
Once you satisfy the requirements set out on the page above you will need to message Vendor Support over on the main site and they will deal with your request for Vendor Roundtable access.
You can find all the information regarding Silk Road fees in the following post:
http://dkn255hz262ypmii.onion/index.php?topic=100160.msg702790#msg702790
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
- grahamgreene
Just one thing to add about fees: commission is not charged on the price of shipping.
I hope that answers your questions; please let me know if you need any further information.
Libertas
Show Posts
