Many of you gave us feedback on selling fees in the Marketplace. We heard you loud and clear and have changed our selling fee structure, making it even more attractive to sell your wine in the Marketplace. Starting today, two new changes, described below, go into effect to lower your fees.
Permanent reduction of selling fees to 15%
In October, we temporarily (during Q4) reduced all selling fees to 15% from 20% and the minimum per bottle from $8 to $6. Based on your positive response, we’ve already decided to make this change permanent.
Reduce your fees further to 10% by choosing Vinfolio credit
Many of you have asked for an option to get credit for Marketplace sales towards other Marketplace or Vinfolio wine store purchases. With the most recent software release, you can now reduce your selling fees to 10% when you opt for credit in the Vinfolio wine store. To take advantage, simply select the credit option when you accept a bid or if you have wines with Reserve or Buy Now prices, log into VinCellar and go to My Account/Preferences and select “Change payment type” under Marketplace in the right hand column. We anticipate extending the use of credit to all Vinfolio purchases, including the Marketplace, in early Q1.
