Silk Road forums
Discussion => Silk Road discussion => Topic started by: fbifreeze on August 02, 2012, 10:14 pm

Why's there no mention in the sellers guide telling potential sellers what the fees are? I've been searching these forums/the site for 45 minutes now and it's a bloody mystery.
I know becoming a seller is 15 odd bitcoins so that's about $150 odd, but it doesn't say what % that SR take from your sales which is obviously a very important part of business..
For example you list something at $200 with $5 postage and packaging.
How much will you as a seller be able to cash out?
Thanks in advance.

search function

I've been searching these forums/the site for 45 minutes now and it's a bloody mystery.
Can you at least give me some keywords to search?
I've tried:
Seller fees
Seller commission
Vendor fees
Vendor commission
To no avail. Or better yet, can the SR admins just add the fee structure into the 'sellers guide'.

Ill post it just because it is a pain to find it with the search function. I have to search for a percentage.
SR's Sellers Fees are:
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"
I believe that it works by adding, so if you have a $260 sale they take
$2.50 from the first $50
$12.75 from the next $150
$3.60 From the remaining $60
So out of a $260 sale they get $18.85

Ill post it just because it is a pain to find it with the search function. I have to search for a percentage.
SR's Sellers Fees are:
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"
I believe that it works by adding, so if you have a $260 sale they take
$2.50 from the first $50
$12.75 from the next $150
$3.60 From the remaining $60
So out of a $260 sale they get $18.85
Thanks a lot for posting this, I too was looking for the % breakdown, saw it posted on SR (maybe in the State of the Road Address?) and dug it up on here a while back, but couldn't find it as of lately until I came across this thread thanks a lot for the post!

<removed>

This is interesting. I've been debating becoming a vendor in a while because I have a very large and steady supply of shrooms and Adderall, this is useful information for me. Didn't know the percentages were added together, thanks for that tip!

Ill post it just because it is a pain to find it with the search function. I have to search for a percentage.
SR's Sellers Fees are:
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"
I believe that it works by adding, so if you have a $260 sale they take
$2.50 from the first $50
$12.75 from the next $150
$3.60 From the remaining $60
So out of a $260 sale they get $18.85
$20.10 I'm sure you mean?
10% of $50 = $5
8.5% of +$100 = $8.50
6% of +$110 = $6.60
= $20.10
Many thanks for the percentages though, much appreciated!
$20.10 looks like the correct calculations. James must be high on something. But he's right about one thing: These numbers are pretty difficult to find. There should be some sort of FAQ with this info on it, along with DPR's public PGP key (which doesn't seem to be posted anywhere at all...)

Ill post it just because it is a pain to find it with the search function. I have to search for a percentage.
SR's Sellers Fees are:
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"
I believe that it works by adding, so if you have a $260 sale they take
$2.50 from the first $50
$12.75 from the next $150
$3.60 From the remaining $60
So out of a $260 sale they get $18.85
$20.10 I'm sure you mean?
10% of $50 = $5
8.5% of +$100 = $8.50
6% of +$110 = $6.60
= $20.10
Many thanks for the percentages though, much appreciated!
Hmmm, Maybe My math was off. Looking at the chart I read it to mean.
Because $260$50==$210 So 10% of $50 == $5
$210$150==60 So 8.5% of $150 == $12.75
$150 > $60 so 6% of $60 == $3.60
But that total comes to $21.35 lol
This reminds me of doing my taxes, do them over and over and get different numbers every time. Take them to the Accountant and he comes up with numbers that are no where near what I come up with but because his are lower I go with his. lol

Could we get a vendor to clear this up maybe? Seems a little more confusing than I originally thought.

Could we get a vendor to clear this up maybe? Seems a little more confusing than I originally thought.
We are the vendors and we are having trouble figuring it out. lol :o

Haha, well shit. Maybe an admin will pop by and explain it or something.

this is great info. i have been looking for a page or sticky that can help a new vendor get started. still can not find it though. but this is good

Can someone calculate costs on $850 ? I'm disabled at this lol.

850 *.02= 17
edit: 2% fee 5001000

But dont you get charged the fees the whole way up the scale ?
Not just at 5001000 level ? Thats why I am confused how to calculate it.

me too im confused.. first of all I have my prices set to post commission.. that means I don't get hit commission my clients do..
this is correct??? ???
also don't forget about the 4% for the hedging!

Do you need to hedge if you list your price in USD ?
Can someone help me figure this out lol.
1. Fee on $850
2. Fee on $1600

Can someone create a script or formula so it could be done easily ?

Can someone create a script or formula so it could be done easily ?
So, starting in cell C1 of an openoffice spread sheet and entering one of the below lines in each cell going down ending in cell C6
=IF (A1>50, (50*0.1), (A1*0.1))
=IF (A1>150, (150*0.085), ((A150)*0.085))
=IF (A1>300, (300*0.06), ((A2150)*0.065))
=IF (A1>300, (500*0.03), ((A1300)*0.03))
=IF (A1>1000, ((A11000)*0.015), 0)
=SUM(C1:C5)
Put the amount into Cell A1 and it will show you the commission in cell C6

James ... your awesome bud.
Thanks so much !

850 *.02= 17
edit: 2% fee 5001000
That's not how it works...
10% of the first $50  $5
8.5% of $50  150  $8.50
6% of $150  300  $9
3% of $300  500  $6
2% of $500  1000 (so 2% of 350 here here)  $7
$35.50
This topic is full of fail.

Here is something that works and calculates the fees correctly. Just paste into OpenOffice Calc in some cell different from A1 and it will immediately calculate the fee for you in that cell:
=IF( A1<50; A1*0.1; IF( A1<150; (A150)*0.085+5; IF( A1<300; (A1150)*0.06+5+8.5; IF( A1<500; (A1300)*0.03+5+8.5+9; IF( A1<1000; (A1500)*0.02+5+8.5+9+6; IF( A1>1000; (A11000)*0.015+5+8.5+9+6+10))))))

Can someone create a script or formula so it could be done easily ?
So, starting in cell C1 of an openoffice spread sheet and entering one of the below lines in each cell going down ending in cell C6
=IF (A1>50, (50*0.1), (A1*0.1))
=IF (A1>150, (150*0.085), ((A150)*0.085))
=IF (A1>300, (300*0.06), ((A2150)*0.065))
=IF (A1>300, (500*0.03), ((A1300)*0.03))
=IF (A1>1000, ((A11000)*0.015), 0)
=SUM(C1:C5)
Put the amount into Cell A1 and it will show you the commission in cell C6
My friend, I think your calculations are a tad off. You get negative results for any selling price under $100, and you get no change in price for anything between $500 and $1000. Here is an accurate set of formulas, starting with cell C1:
=IF(A1<=50,(A1*0.1),0)
=IF(AND(A1>50,A1<=150),((A150)*0.085)+5,0)
=IF(AND(A1>150,A1<=300), ((A1150)*0.06)+13.5,0)
=IF(AND(A1>300,A1<=500), (A1300*0.03)+22.5,0)
=IF(AND(A1>500,A1<=1000), ((A1500)*0.02)+28.5,0)
=IF(A1>1000, ((A11000)*0.015)+38.5,0)
=SUM(C2:C6)
Then input the selling price into A1, and you're set

Sooo, was this case setteled? :)
Is it correct that you have to add the percentages for a 800$ item all the way from 10% and add another level until you reach the 2% commision fee for anything over 500$ ?
Also, one must take into account the 4% fee for hedge escrow, correct?
In that case, is there a formula that takes all this into account so one can calculate the fees + escrow costs for a specific listing?
This was kind of confusing :\