Commission & Pricing
At Re/Gift, we believe in supporting and empowering creators who sell their products through our platform using our Concierge service. Our Concierge Commission & Pricing structure is designed to be fair, transparent, and rewarding, ensuring that creators receive the recognition and compensation they deserve. This structure is designed to account for the Concierge Service: Re/Gift’s team picks up, photographs, lists, sells and ships your items. Our service is designed for you to get paid with the least possible amount of work.
COMMISSION
Our Concierge Commission structure is based on a tiered system that adjusts the amount you make based on the sold price of the item. The higher the item is priced, the higher your commission rate becomes, allowing you to earn even more from your products. We believe that this incentivizes creators to continuously showcase quality products while covering the costs associated with getting the products sold on site.
Here's how our commission structure works:
| Sold Price | Handling Fee | Creator Commission |
|---|---|---|
| $1000+ | $3.00 |
80%
|
| $250 - $999.99 | $3.00 |
70%
|
| $100 - $249.99 | $3.00 |
50%
|
| $50 - $99.99 | $3.00 |
40%
|
| $25 - $49.99 | $3.00 |
30%
|
| $1 - $24.99 | $3.00 |
20%
|
It's important to note that our Concierge Commission structure is based on net sales, which means that any applicable taxes, handling fees, or discounts are deducted before calculating your commission.
PRICING
When it comes to discounting pricing, we follow a systematic approach. We assess the category of each item, and compare it to similar products available across new and re-selling markets. Based on this analysis, we adjust the pricing to ensure that our customers are getting the best value for their money.
Here's our initial discount by category & condition:
| Condition | Beauty | Clothing | Luxury | Home | Electronics |
|---|---|---|---|---|---|
| Never Used | 30-50% | 65% | 25% | 30% | 45% |
| Used Once | NA | 70% | 30% | 35% | 50% |
| Lightly Used | NA | 75% | 35% | 40% | 55% |
It's important to note that our pricing strategy is not solely focused on offering the lowest prices. Instead, we aim to strike a balance around affordability and an increased speed of sale. Most importantly, we want to make high quality products accessible. We reserve the right to adjust prices at any time to based sales volume, competitor pricing, and inventory levels at our discretion.
When you choose to sell with us on Re/Gift, you become part of a community of like-minded individuals who are passionate about empowering creators and connecting with communities of fans. We provide a platform for you to showcase your unique products and to connect with customers who appreciate your unique style. Our Concierge service is just one of the ways we support and celebrate the talent of our creators. Together, let's redefine shopping in the creator economy.