bonanza fee calculator

Bonanza Fee Calculator

Revenue: 0.00
Item Costs: 0.00
Final Value Fee: 0.00
Marketing: 0.00
Total Costs: 0.00
Profit: 0.00
Profit Margin: 0%

How to Use the Bonanza Fee Calculator:

  1. Input Values
    • Item Price for Customer: Enter the sale price of the item.
    • Shipping Price for Customer: Enter the shipping fee charged to the customer.
    • Item Cost to Seller: Enter the cost you paid for the item.
    • Shipping Cost to Seller: Enter the shipping cost you incur.
    • Advertising: Select your advertising percentage.
    • Other Marketing Costs: Enter any additional marketing expenses.
  2. View Calculations:
    • Revenue: Automatically calculated as the sum of the item price and shipping price.
    • Item Costs: Sum of the item cost and shipping cost.
    • Final Value Fee: Automatically calculated based on input values.
    • Marketing: Reflects the entered marketing costs.
    • Total Costs: Sum of item costs, final value fee, and marketing costs.
    • Profit: Revenue minus total costs.
    • Profit Margin: Profit as a percentage of revenue.
  3. Reset:
    • Click the “Reset Calculator” button to clear all inputs and reset values to defaults.

All calculations update in real time as you enter or change values.

About Bonanza Seller Fees

As of June 2024, Bonanza offers a competitive fee structure for sellers, with no charges for listing items. Here’s a breakdown of the fees you might incur:
  1. Account Set-Up Fee:
    • $14.99 (one-time, non-refundable) for new sellers activating a booth.
  2. Transaction Fee:
    • $0.25 per sale for sellers without an active membership subscription.
  3. Final Value Fee (FVF):
    • Calculated on the Final Offer Value (FOV), which includes the item price plus any shipping charge over $10.
    • For FOV up to $1000: $0.25 + 3.5% of FOV.
    • For FOV over $1000: $0.25 + 3.5% of the first $1000 + 1.5% of the amount over $1000.
    • Minimum FVF: $0.75.
  4. Advertising Fees (optional):
    • Sellers can opt into Bonanza Advertising to drive extra buyers to their items. The fees range from 9% to 30% of the FOV, depending on the advertising options chosen ( + 1.5% of the amount over $1000):
      • Economy: 3.5% of FOV
      • Basic: 9% of FOV
      • Standard: 13% of FOV
      • Superior: 19% of FOV
      • Elite: 30% of FOV
    • Advertising fees apply based on the selected rate and the source of the buyer.
  5. No Additional Payment Processing Fees:
    • When selling directly through the Bonanza platform, there are no extra payment processing fees.
  6. Other Fees:
    • Additional marketing costs as per the seller’s input.
    • Optional advanced selling features may incur additional costs.
These fees ensure a transparent and straightforward selling process, making Bonanza an attractive platform compared to other marketplaces that charge higher selling fees and listing costs.

Fee Structure Examples

  1. Example 1: Selling an Item for $20 with $5 Shipping
    • Revenue: $25
    • FOV: $20 (since the shipping charge is under $10)
    • Final Value Fee: $0.25 transaction fee + (3.5% of $20) = $0.95
  2. Example 2: Selling an Item for $1500 with Free Shipping
    • Revenue: $1500
    • FOV: $1500
    • Final Value Fee: $0.25 transaction fee + (3.5% of $1000) + (1.5% of $500) = $0.25 + $35 + $7.50 = $42.75
For detailed and up-to-date information on Bonanza seller fees, visit Bonanza’s official site.