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Knowledgebase:
Fee Rate Card - What We Charge
Posted by bidorbuy Admin, Last modified by Johan Du Toit on 22 February 2018 05:03 PM

As of 1 March 2018, bidorbuy will no longer charge payment fees to the seller or cash deposit fees to the buyer.

bidorbuy will also be moving away from the current tiered success fee structure and will be introducing a flat success fee per category (up to a maximum of R5000 excl. VAT per item) as well as a final order value fee. The new fee rate card will be applied to all payments and orders processed from 1 March 2018.


Fees quoted on the Fee rate card will be exclusive of VAT unless specifically stated.

Success Fees and Final Order Value Fees:

Success Fees:

A success fee is charged on the item sales value for the item sold on bidorbuy. Success fees vary depending on the category where the item is listed.

Success Fee % ex Vat (1 March 2018) Category Name
8.75% ex VAT Antiques & Collectables, Art, Baby, Books & Education, 
Clothing, Shoes & Accessories, Garden, Outdoor Living & Pets, Gemstones & Rocks, Gift Vouchers & Coupons, Holistic & Esoteric, Jewellery & Watches, Militaria, Sport & Leisure, 
Toys & Hobbies, Travel & Entertainment, Unusual, X- Rated Adult Material
7.25% ex VAT Bikes, Boats & Other Vehicles, Business, Farming & Industry, Car Parts & Accessories,Crafts, Health & Beauty, Home & Living, Stamps
5.75% ex VAT Cell Phones & Accessories, Coins & Notes, Computers & Networking, Electronics, Gaming,  Movies & Television,Music & Instruments, Photo & Video
2.5% ex VAT Cars


Final order value fee. 

The final order value fee is applied to the difference between the item sales value and the final order value (including shipping or other payments made). This fee is based on the lowest category success fee percentage, which is currently 5.75% excluding VAT. 

Examples:

  1. The item sales value is R1,000 for an item sold in the Music & Instruments category. 

    • Music & Instruments success fee is 5.75% of R1,000. 
      Success fee = R57.50 + 14% VAT = R65.55 incl. VAT.
    • The buyer makes a payment that totals R1,120.
      The 5.75% final order value fee is applied to R120 (the difference between the sales amount of R1,000 and the total amount paid of R1,120). 
      Final order value fee = R6.90 + 14% VAT = R7.87
    • Total fees paid to bidorbuy on the final order amount of R1,120 = R65.55 + R7.87 = R73.42 incl. VAT 


  2. An item is sold for R45 from the Home & Living Category. The buyer purchases a quantity of 3 of the same item, bringing the item sales value to R135.
    • Home & Living success fee is 7.25% of R135.
      Success fee = R9.79 + 14% VAT = R11.16
    • The buyer pays R220 in total. 
      The 5.75% final order value fee is applied to R85 (the difference between the sales amount of R135 and the total amount paid of R220). 
      Final order value fee = R4.89 + 14% VAT = R5.57 incl. VAT. 
    • Total fee paid to bidorbuy on the final order value of R220:
    • R11.16 + R5.57 = R16.73.

 


Listing Fees Rate Card (including Classifieds)

Certain categories (see below) attract a listing fee based on the nature of the content being sold. Sellers need to pay a listing fee for each item listed in these categories or classified ad listed, even if the item does not result in a sale. To list in all other categories is FREE. Please note - Your first listing each month in Property is FREE. 

Categories Listing Fee (Excluding VAT)
Listing Fee (Including VAT)
Property  (1 free listing per month) R87.72 ex VAT  R100.00 No Success Fee
Bikes, Boats & Other Vehicles - Incl. Bike Repairs
(Excl. Parts & Accessories)
R43.86 ex VAT  R50.00 No Success Fee
Cars - (Excluding Parts & Accessories)   R43.86 ex VAT  R50.00 No Success Fee for classified listings
Cell Phones & Accessories - Prepaid & Contracts R43.86 ex VAT  R50.00 No Success Fee
Cell Phones & Accessories - Services R43.86 ex VAT  R50.00 No Success Fee
Holistic & Esoteric - Services R43.86 ex VAT  R50.00 No Success Fee
Businesses & Websites for Sale R43.86 ex VAT  R50.00 No Success Fee
Adult Entertainment R43.86 ex VAT  R50.00 No Success Fee
Photography - Services R43.86 ex VAT  R50.00 No Success Fee
Office Machine Rentals & Leases R43.86 ex VAT  R50.00 No Success Fee
All Other Categories Free  Free


Enhancement Fees:

Enhanced Listings help sellers promote their items by increasing their visibility on bidorbuy. This fee is charged irrespective of the sale of the item.

Note: Special Listing Fees is non-refundable regardless of whether the sale is completed or not. Most categories qualify for the special fees rates below, but certain categories may have individual enhacement fees charged per category.

Listing Type
Description Rate per listing ex VAT
Rate per listing (Including VAT)
Premium  The item will be part of the Premium Listing's block, located above the Home Page Listings block on the bidorbuy home page. They will also be randomly displayed across the entire site to the right of the sub-category headings. Other than being promoted on the bidorbuy website, the items listed under Premium Listings will also be marketed on participating 3rd party websites for further exposure. 
Example
R87.72 ex VAT R100.00 incl VAT
Home Page Featured 
The item will be displayed as part of the 'Home Page Items' section on the bidorbuy homepage and on top of the listing page of 'All Home Page Items', which is a link on the homepage and as part of the 'Featured Listings' at the top of the listing pages of that category. Preference is given to items ending in the next 7 days.
Example
R43.86 ex VAT R50.00 incl VAT
Category Page Featured 
The item will be displayed as part of the 'Featured Items' on the respective Category Page and under 'Featured Listings' at the top of the listing pages of that category. Preference is given to items ending in the next 7 days.
Example
R8.77 ex VAT R10.00 incl VAT
Paid Promotions The item will be part of the promotion that the Seller has selected and will be featured in the relevant section on the site. Currently Crazy Wednesday Auctions, Snap Friday Auctions and Weekend Specials need to be set as paid promotions.
Example
R4.39 ex VAT R5.00 incl VAT
Priority The item will be displayed on the category listing results pages in a separate section called 'Priority Listings' which will appear above the 'Regular Items' section.
Example
R4.39 ex VAT R5.00 incl VAT
Highlighted The item will be visually highlighted to stand out from other listings on most listing pages, such as category pages and search results. Highlighting does not apply to listings on the Home page and some other specialised pages.
Example
R4.39 ex VAT R5.00 incl VAT
Bold Enhance your item with a bold title on most listing pages, such as category pages and search results. R4.39 ex VAT R5.00 incl VAT
Promotional Category 
If the item fits into more than one category, the Seller can list the same in a second 'Promotional' category.
bidorbuy may also run marketing promotions in which Sellers can participate by selecting specially designated Promotional categories.
Example
R8.77 ex VAT


R10.00 incl VAT

 Note: You may choose a combination of multiple Enhanced Listings. In this case you will be charged separately for all the Enhanced Listing options selected. Also note that certain categories are charged different to the above example - see the table below.

 


Enhancement Fees for Classifieds (and Service Related Categories)

Listing Type
Category Rate per item (Excluding VAT)
Rate per item (Including VAT)
Category Page Featured 
 Cars, Bikes, Boats and Other Vehicles, Services, Holistic & Esoteric - Services, X-Rated Adult Material - Adult Entertainment
Example
R26.32 ex VAT R30.00 incl VAT
 Priority Cars, Bikes, Boats and Other Vehicles, Services, Holistic & Esoteric - Services, X-Rated Adult Material - Adult Entertainment
Example
R8.77 ex VAT R10.00 incl VAT
Highlighted Cars, Bikes, Boats and Other Vehicles, Services, Holistic & Esoteric - Services, X-Rated Adult Material - Adult Entertainment
Example
R8.77 ex VAT R10.00 incl VAT
Bold Cars, Bikes, Boats and Other Vehicles, Services, Holistic & Esoteric - Services, X-Rated Adult Material - Adult Entertainment R4.39 ex VAT R5.00 incl VAT
Category Page Featured 
Property
Example
R43:86 ex VAT R50.00 incl VAT
Priority Property
Example
R17.55 ex VAT R20.00 incl VAT
Highlighted Property
Example
R17.55 ex VAT R20.00 incl VAT
Bold Property R4.39 ex VAT R5.00 incl VAT

 

Related Topics:



Current Rate Card (expiring midnight 28 February 2018).

 

Success Fees

A success fee is charged for successful sales on bidorbuy. Success fees are calculated per item sold which means that when more than 1 item is sold, the success fees will be calculated on each item separately.

Auctions and Buy Now Items

You will be charged a success fee based on the final sales amount of the item, whether it is sold via auction, buy now, or an offer.

Car Sales - a success fee of 1.14% (Including VAT) will be charged on successful car sales. 

Final Sales Amount Success Fee (Including VAT) - fees valid from 1 April 2016
From Value To Value  
R0.01 R1,000.00 5% of final sales amount * 
R1,000.01 R10,000.00 R50 + 4.5% of final sales amount over R1,000.00
R10,000.01 R25,000.00 R455 + 4% of final sales amount over R10,000.00
R25,000.01 R250,000.00 R1,055 + 3.5% of final sales amount over R25,000.00
R250,000.01 R500,000.00 R8,930 + 3% of final sales amount over R250,000.00
R500,000.01 No Limit R16,430 + 2.28% of final sales amount over R500,000.00


How success fees are calculated:

      • If your item sold for R1,000.00 or less, your success fee is simply 5% of the final sales amount.
      • If the final sales amount is more than R1,000.00 and less than R10,000.00, then the success fee will be 5% on the first R1,000.00 (i.e. R50) plus 4.5% on the amount over the first R1,000.00 up to R10,000.00.
      • If the final sales amount is more than R10,000.00, then the success fee will be 5% on the first R1,000.00 (i.e. R50.00) plus 4.5% on the following R9,000.00 (i.e. R405.00), plus 4% on the amount over R10,000.00 up to R25,000.00.
      • * Minimum fee charged on the sale of an item is R0.01 (excluding VAT)

Examples:

      • If your item is sold for R150.00 then the success fee will be 5% of R150.00 - i.e. R7.50 (including VAT).
      • If your item is sold for R2,400.00 then the success fee will be 5% on the first R1,000.00 (i.e. R50) plus 4.5% on R1,400.00 (i.e. R63.00). In total the success fee will be R113 (including VAT).
      • If your item is sold for R12,000.00 then the success fee will be 5% on the first R1,000.00 (i.e. R50) plus 4.5% on the following R9,000.00 (i.e. R405) plus 4% on the remaining R2,000.00 (i.e. R80.00). In this case the total success fee will be R535 (including VAT).
      • If you sell 3 items of R400 each, the success fee will be 5% x R400 for each item and that will equal to R60 (including VAT).

Classifieds

Classified listings do not incur success fees due to their nature, but a listing fee may apply. See the listing fees rate card (including classifieds) below. However, your first listing each month in Property is FREE.

 


Listing Fees Rate Card (including Classifieds)

Certain categories (see below) attract a listing fee based on the nature of the content being sold. Sellers need to pay a listing fee for each item listed in these categories or classified ad listed, even if the item does not result in a sale. To list in all other categories is FREE. Please note - Your first listing each month in Property is FREE. 

 

Categories Listing Fee (Including VAT)
Property  (1 free listing per month) R100.00 No Success Fee
Bikes, Boats & Other Vehicles - Incl. Bike Repairs
(Excl. Parts & Accessories)
R50.00 No Success Fee
Cars - (Excluding Parts & Accessories)   R50.00 No Success Fee for classified listings
Cell Phones & Accessories - Prepaid & Contracts R50.00 No Success Fee
Cell Phones & Accessories - Services R50.00 No Success Fee
Holistic & Esoteric - Services R50.00 No Success Fee
Businesses & Websites for Sale R50.00 No Success Fee
Adult Entertainment R50.00 No Success Fee
Photography - Services R50.00 No Success Fee
Office Machine Rentals & Leases R50.00 No Success Fee
All Other Categories Free

 


Enhancement Fees:

Enhanced Listings help sellers promote their items by increasing their visibility on bidorbuy. This fee is charged irrespective of the sale of the item.

Note: Special Listing Fees is non-refundable regardless of whether the sale is completed or not. Most categories qualify for the special fees rates below, but certain categories may have individual enhacement fees charged per category.

 

Listing Type
Description Rate per listing (Including VAT)
Premium  The item will be part of the Premium Listing's block, located above the Home Page Listings block on the bidorbuy home page. They will also be randomly displayed across the entire site to the right of the sub-category headings. Other than being promoted on the bidorbuy website, the items listed under Premium Listings will also be marketed on participating 3rd party websites for further exposure. 
Example
R100.00
Home Page Featured 
The item will be displayed as part of the 'Home Page Items' section on the bidorbuy homepage and on top of the listing page of 'All Home Page Items', which is a link on the homepage and as part of the 'Featured Listings' at the top of the listing pages of that category. Preference is given to items ending in the next 7 days.
Example
R50.00
Category Page Featured 
The item will be displayed as part of the 'Featured Items' on the respective Category Page and under 'Featured Listings' at the top of the listing pages of that category. Preference is given to items ending in the next 7 days.
Example
R10.00
Paid Promotions The item will be part of the promotion that the Seller has selected and will be featured in the relevant section on the site. Currently Crazy Wednesday Auctions, Snap Friday Auctions and Weekend Specials need to be set as paid promotions.
Example
R5.00
Priority The item will be displayed on the category listing results pages in a separate section called 'Priority Listings' which will appear above the 'Regular Items' section.
Example
R5.00
Highlighted The item will be visually highlighted to stand out from other listings on most listing pages, such as category pages and search results. Highlighting does not apply to listings on the Home page and some other specialised pages.
Example
R5.00
Bold Enhance your item with a bold title on most listing pages, such as category pages and search results. R5.00
Promotional Category 
If the item fits into more than one category, the Seller can list the same in a second 'Promotional' category.
bidorbuy may also run marketing promotions in which Sellers can participate by selecting specially designated Promotional categories.
Example


R5.00

 Note: You may choose a combination of multiple Enhanced Listings. In this case you will be charged separately for all the Enhanced Listing options selected. Also note that certain categories are charged different to the above example - see the table below.

  

Enhancement Fees for Classifieds (and Service Related Categories)

Listing Type
Category Rate per item (Including VAT)
Category Page Featured 
 Cars, Bikes, Boats and Other Vehicles, Services, Holistic & Esoteric - Services, X-Rated Adult Material - Adult Entertainment
Example
R30.00
 Priority Cars, Bikes, Boats and Other Vehicles, Services, Holistic & Esoteric - Services, X-Rated Adult Material - Adult Entertainment
Example
R10.00
Highlighted Cars, Bikes, Boats and Other Vehicles, Services, Holistic & Esoteric - Services, X-Rated Adult Material - Adult Entertainment
Example
R10.00
Bold Cars, Bikes, Boats and Other Vehicles, Services, Holistic & Esoteric - Services, X-Rated Adult Material - Adult Entertainment R5.00
Category Page Featured 
Property
Example
R50.00
Priority Property
Example
R20.00
Highlighted Property
Example
R20.00
Bold Property R5.00

 

Payment Fees: (As of 1 March 2018 payment fees will no longer be charged on transactions).

Payment options are currently subject to the following non-refundable processing fees, these fees will be discontinued from the 1st of March 2018 when the new rate card takes effect:

  • bobPay credit card : 5%
  • Discovery Miles: 5%
  • Bitcoin: 2.28%
  • Mobicred: 3.42%
  • Snapscan: 3.5%
  • SCode: 3.99%

Related Topics:

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