Fanatics Collect has raised the curtain to present their latest innovation – a sleek, new Buy Now marketplace designed to revolutionize the way collectors buy and sell. The highlight of this unveiling is the introduction of a fresh fee structure, promising sellers a hassle-free experience while optimizing earnings.
In a pivotal move, Fanatics Collect is slashing the traditional 20% buyer’s premium and bonus commission fees, replacing them with a simple 6% fee for listings under $120. This adjustment is a game-changer, positioning Fanatics Collect as a leader in offering one of the most competitive rates in the industry. Sellers can now pocket up to 94% of the listing price for items under $119.99, a significant jump from the previous cap of 85%.
The transition to this new fee structure spells instant benefits for sellers. All existing listings seamlessly migrate to the revamped system, sparing sellers the arduous task of adjusting prices manually. The goal is clear – empowering sellers to maximize their profits effortlessly.
The Buy Now marketplace has undergone a complete facelift, enhancing the visibility of collectibles, streamlining listing processes, and simplifying fee management. This transformation stems from valuable feedback gathered from collectors and sellers alike, demonstrating Fanatics Collect’s commitment to improving user experience.
In a bid to maintain a level playing field, listings priced 20% above fair market value will incur a 15% seller’s fee instead of the standard 6%. Furthermore, the removal of the $3 minimum fee for Buy Now sales enables sellers to list items for as little as 50 cents, opening up a world of opportunities for collectors and sellers alike.
The revamped Buy Now marketplace isn’t just about reducing fees; it also accelerates transaction speed. With instant payment upon purchase through the Fanatics Collect app, sellers receive their earnings promptly, while buyers can swiftly add prized collectibles to their repertoire.
For sellers hesitant to embrace the new fee structure, an opt-out option is available, allowing them to delist their items at their discretion. Support is readily accessible through sales representatives or the dedicated Collector Experience team, ensuring a smooth transition for all users.
The launch of the Buy Now marketplace marks a pivotal moment in the Fanatics Collect journey, aimed at elevating the trading experience for collectors of all levels. Dive into the new marketplace today and leverage the reduced fees to amplify your earnings with every sale. Fanatics Collect is ushering in a new era of collecting – don’t miss out on the action!