USA Transactions – Sales taxes apply to where the buyer is located.If a product or service is sold on a website, it should be mentioned which parties are responsible for sales taxes, value added taxes (VAT), and any other applicable levies or duties. This is often a percentage (%) of the sale and, like eBay, depends on several factors, such as the sales price, the number of products for sale, and the product type. Selling Fees – If a fee is paid when a sale occurs between a buyer and seller facilitated on the website, the fees should be mentioned.
Processing Fees – If payment is offered on the website via credit card or other electronic means, a statement about the payment processing fees should be mentioned.For example, websites like Craigslist allow users to post ads, although they do not facilitate or get involved with the communication between the parties. Listing Fees – If payment is required to post products or services for sale.Lead Fees – If a potential customer reaches out to place a bid or offer, this is considered a “lead.” Some websites, like Thumbtack, charge for leads when receiving messages from potential clients in the hope of providing a service.No transactions outside the platform or communication are generally allowed.ĭisclosure of the fees should be mentioned, including: Sellers – The rules for displaying, describing, and selling offerings on the website.
Buyers – Set the purchase rules and terms, including communications, warranties, and buyer protections.Users should be made aware of the process so that any type of penalty or related action can be expected. Outline the measures that will take effect if a user violates any of the marketplace’s rules. Marketing Guidelines – Promote a favorable environment for sellers to encourage increased products and services offered.Protect Buyers – Safeguard buyers from defective products or incomplete services.If payments are made on the website, processing fees should also be included. Taxes and Fees – List the fees for listings and taxes in the event of a sale.Establish Rules – Outline clear and defined rules for the audience to create a level playing field for buyers and sellers.
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