Rates and Fees
PLEASE NOTE OUT OF THE GROSS COMMISSION FEES WE PAY THE STRIPE OR CREDIT CARD FEES DIRECTLY ON THE VENDORS BEHALF. If you are at 10%, we are only getting 7% NET from the commission fees.
We set everyone at 5% when they sign up and review after 6 months to adjust the rates according to the usage of our platform.
The shipping fees are also collected by the site and the shipping bill paid monthly for all our vendors sales.
We want to thank you for choosing Surplusmining.ca as your mining marketplace. We are a professional sales site with 100% automated payments and shipping built right in. Without the automated sales process and preauthorization of sellers we are just another Facebook Marketplace or Kijiji. The automation makes every sale a 15-minute process without any hassle! Tired of low ballers and people wasting your time, give our professional platform a try!
Our standard fees are 10% of all sales.
We also offer discounts on the commission rates from the standard 10%.
1. Electrical Veteran reduction of 1.5%. That’s a whopping 15% discount! We just ask you provide some form of proof you have been in the trade for 25 years. Or Proof you have been in business for 25 years in the electrical industry. Being an electrical veteran myself we want to support others who have paid their dues!
2. Volume discounts. For a veteran to receive more than 1.5% reduction they will also have to achieve level c)
a) 50 Listings or $75,000.00 worth of listings. 1% reduction or 10% off.
b) 100 Listings or $200,000.00 worth of listings Total 1.5% reduction or 15% off.
c) 300 Listings or $500,000.00 worth of listings Total of 2% reduction or 20% off.
d) 1000 Listings or $1,000,000.00 worth of listings Total of 2.5% reduction or 25% off.
e) 3000 Listings or $3,000,000.00 worth of listings Total of 3% reduction (The maximum) or 30% off.
You must notify us of the achievement levels we do not actively monitor for this. A simple screenshot from your admin panel will suffice as proof of reaching the next discount level. When you achieve level a) we will create free of charge a custom warehouse page for you if desired, just ask. This can be invaluable whether the account is running blind, or you have your business name attached to it.