How much does a Ruby Lane shop cost?
|
Fees |
|
| Setup Fee |
None |
| Listing Fee | Free |
| Maintenance Fee |
$45 per month, includes Unlimited items
|
| Tiered Service Fee * |
|
The minimum monthly cost of maintaining a shop on Ruby Lane is $45
* If an item sells for $10,000, the Seller Service Fee breakdown would be as follows:
$2,500 @ 9.9% = $247.50
$5,000 @ 5.0% = $250.00
$2,500 @ 2.5% = $62.50
Totaling $560.00, equivalent to 5.6% of the total sale for this example
|
Fees |
|
| Setup Fee |
None |
| Listing Fee | Free |
| Maintenance Fee |
Up to 50 items: $54 per month
Calculated and charged on the 1st of every month by counting all items, including Backroom, Sold, Sale Pending, AIP Pending, etc. For new shops, the fee is prorated from the first full day after opening. |
| Service Fee |
6.7% based on the Order total (does not include Sales Tax), Capped at $250 *. |
For a shop with up to 50 items, the minimum monthly cost of maintaining a shop on Ruby Lane is $54.
- Ruby Lane's Service Fee shall not exceed $250 for each item reported sold (the “Cap”). The Cap also applies to multiple quantities of the same item in an Order. For example, 10 identical dinner plates at $500 each, for a total of $5,000, sold in one Order would ordinarily have generated a Service Fee of $335 (6.7%). However, because the items are identical and because of the Cap, Ruby Lane’s Service Fee would only be $250. On the other hand, 3 separate, non-identical items reported sold at $500, $1,500 and $3,000, for a total of $5,000, sold in one Order, would not have the Cap applied. In this case, the service fee would be $335 (6.7%).
Shops on the Legacy Fee Plan may opt in to the Current Fee Plan:
1. Visit your shop Accounting page.
2. Click Seller Charges and Fees.
3. At the bottom of the page, click Switch and follow the prompts.
Note that switching is not reversible once completed.