REWARDS

For the launch of our site

Testers Wanted - Free use of all features for 6 months!

Fees Policy

It is free to join eTackle – there are no sign up costs. We do not charge fees for listing items but we charge a commission fee when you sell an item. Listings last indefinetly unless the item is sold out or the quantity is reduced to zero.

1. Commission Fees

We charge 6% commission for a basic membership shop on the selling price of all items (inclusive of postage).

For a premium shop membership, the commission fee is reduced to 5% on the selling price of all items (inclusive of postage).

Within our categories there is a sub category called ‘featured’. All items listed within this category are promoted within the eTackle marketplace and within its marketing platforms. Sales within this category are likely to be greater than others and as such, the commission on the selling price of all items (inclusive of postage) within this category is 8% for all shop types.

Etackle Premium Shop:

There are 2 shop types on eTackle, a Basic Shop and a Premium Shop.

The Premium Shop option option allows for a number of advanced shop management options within the sellers dashboard and also a reduced commission rate for all items sold.

The subscription fee for a Premium Shop is £7.95 per month and can be paid via paypal or debit / credit card.

 

You can see the various features of a Premium Shop and how to use them by viewing the Premium Shop Tutorial here.

 

Cancellation of the Premium Shop membership:You can cancel your subscription at any time by clicking on the membership tab under store settings section of your dashboard. You will then see an option to downgrade your membership to a basic shop which is free to use.

n.b. – If you have recurring payments setup with paypal, you will have to cancel the monthly payment yourself as downgrading your shop will not do this automatically.

2. Payment gateway fees

The best way to get paid your sales (minus commission) is via eTackle payments (BACS) – eTackle payments will charge 3% of the amount received into an account + 25p.

We can pay you through paypal & stripe however eTackle will charge you the gateway charge for these services (3.4% & 20p via paypal / 2.9% & 20p via stripe). When you receive your payments via these service providers they will then charge you this transaction fee themselves.

For this reason, receiving payments via BACS (eTackle payments) is the most cost effective, profitable solution.

You can setup your preferred payment method via your sellers dashboard.

 

How are fees billed and paid for?

When an item sells, eTackle initially receives the money from the customer and holds it for 14 days before paying the seller. The reason eTackle does this, is to ensure all policies are followed and the customer receives their products in a timely fashion. This time allows for delivery, payment clearance and any initial disputes or cancellations to be processed efficiently.

 

VAT

Etackle is not currently VAT registered and as such cannot apply VAT to any goods or services and invoices will reflect this.

For further information please see the HMRC’s guide to VAT

If you would like to create a shop and become a seller please start the process with our seller registration form here.

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