
We've reduced our seller fees
After feedback from the community and some consideration over the past few months, I'm happy to announce that we have heavily reduced the fees for selling instruments on Handcrafted by 66%!
The new fees are, effective immediately:
- All online sales: 5%
- Invoices: 2%
This is compared to our previous fee structure of:
- Instruments & bows: 15%
- Luthier supplies: 5%
- Invoices: 6%
Note that processing fees are in addition to all of the rates above.
We were previously basing our instrument and invoice fees off of just being lower than traditional consignment rates without considering that even those are too high. We are leveraging technology to bring the industry forward, which means that we shouldn't be basing our operations on old models.
We hope that these reduced fees are a fairer way to structure the site in a way that better compensates y'all for the hard work that goes into building and sourcing the instruments that you sell. Because without you, we don't even have a reason to exist.
If you've been waiting to create a store or list some items for sale, there's never been a better time to do it! Go ahead and read some more information about becoming a seller. I hope you're as excited for the future as I am.