Site Fees
Site fees apply to sellers only! The basic cost of selling an item is the sale transaction fee, plus fees for any optional features/services you may use. There are two types of site fees.
Sale Transaction Fees
Sale Transaction Fees are always applied. Sale transaction fees are deducted offline after a sale has been completed and before escrow payments are remitted from the Admin's Bank Account to the Seller's Bank Account.
There are different sale transaction fees regimes based on the final sale value as follows:
| S/No | Sale Value | Sale Transaction Fee | |||
|---|---|---|---|---|---|
| 1. | ₦1,000 - ₦5,000 | ₦300 Flat | |||
| 2. | ₦5,001 - ₦10,000 | ₦500 Flat | |||
| 3. | ₦10,001 - ₦30,000 | 5.0% of Final Sale Value | |||
| 4. | ₦30,001 - ₦50,000 | 4.5% of Final Sale Value | |||
| 5. | ₦50,001 - ₦100,000 | 4.0% of Final Sale Value | |||
| 6. | ₦100,001 - ₦1,000,000 | 3.5% of Final Sale Value | |||
| 7. | ₦1,000,001 - ₦3,000,000 | 3.0% of Final Sale Value | |||
| 8. | ₦3,000,001 - ₦5,000,000 | 2.5% of Final Sale Value | |||
| 9. | ₦5,000,001 and Above | Contact Admin Before Listing | |||
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Listing Fees
Listing an item for sale is FREE! Listing fees which are optional features/service fees, apply at the time of making a listing only for listings that are submitted with extra features. Sellers need to have credited their accounts before submitting a listing with these extra features. A listing that is made with these features selected and without adequate funds in the seller's account to pay for them will not be approved.
There are various listing fees based on the features/service required by the seller for a listing as follows:
| S/No | Feature | Listing Fee | |||
|---|---|---|---|---|---|
| 1. | Extra Image(s) | ₦200 Per Image | |||
| 2. | Highlight Listing | ₦50 | |||
| 3. | Feature on Category Page |
₦200
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| 4. | Feature on Home Page |
₦1,000
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- You are allowed to list 3 images for free. Extra images will need to be paid for before listing approval.
- Highlighting a listing makes your listing stand out among other listings by having a special background colour.
- Featuring your listing on the category page increases visibility for your listing on your selected category.
- Featuring on the home page makes your listing visible to any visitor to the site.
Do not hesitate to contact us if you have any questions, concerns or comments.