B-Stock Supply Seller Summary of Charges
We have made some changes to the seller agreement's Summary of Charges. If you do not agree with the updated fees reflected below, you may close your account by contacting your B-Stock Account Manager or Marketplace Consultant. These changes will go into effect on July 1, 2021.
Line no. | Service Description | Explanation | Qty | Unit of Measure | Unit Price |
---|---|---|---|---|---|
1 | Selling Inventory on B-Stock Supply | Monthly recurring subscription charge | 1 | Month | $99 |
2 | High Starting Bid Fee** | Per Listing, to list with opening bid above $300 | 1 | Each | $20 |
3 | $50 Minimum B-Stock Fee | When an auction closes for less than $500, the difference between the B-Stock Fee and $50 will be withheld from the seller's proceeds | |||
**Only sellers who have maintained a 65% conversion rate^ or greater over the most recent 20 auctions will be able to utilize this feature. New sellers will need to start all auctions at $100 with a minimum MSRP value of $5000 until they have maintained a 65% conversion rate over the most recent 20 auctions. Penalties for Prohibited Actions |
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4 | Listing Cancelation Penalty | If you cancel a listing prior to its original end time | Each | $50 | |
5 | Order Cancelation Penalty | If you fail to fulfill a sold auction | Each | Greater of $100 or 20% of winning bid* |
* May also include possible termination of your Seller Account
These services automatically renew on a month-to-month basis, unless either party provides written notice to the other Party of its intent not to renew during any then current term. No additional charges will be made after the cancellation, however, no previous payments will be refunded, in whole or in part.