@isaiah53-57 wrote:
@mr_lincoln wrote:
Hi @pf9000
Book FVFs are 14.95% and that is on the item plus sales tax if applicable. And since they probably round up the FVF on the $ 30 would be $ 4.49 + 0.30 = $ 4.79
If you Promote at 15% that's another $ 4.50.
Total Fees would be around $ 9.29 = 30.9%
@pf9000
The fees are also figured on the shipping, so if you had a book that you sold for $20(all figures rounded for simplicity) and you paid $5 to ship it plus another $2 in sales tax, you would have a $27 transaction you are paying 15% fees on, which would amount to fees of $4.05 +.30 cent transaction fee, totaling $4.35 in fees.
Add another $4.05 if you are promoting at the disgustingly shameful recommended rate(in our humble opinion) of say 15% to that $4.35 and you now have fees totaling $8.40 on that $20 item.
That, in effect, equates to 42% of the items price in fees...
Slim margin with those promoted fees, got sell a truck load to make any money.
