Seller Fees and Payout Rates
In order to provide the services of the marketplace, there is a commission payable on all product sales. Here's how the rates work.
There are two main types of seller accounts with different commission structures.
Most sellers will be joining as a free "Standard Seller", but you may also upgrade and become a "Premium Seller" which will give you a smaller commission and larger payout rate.
All seller accounts have unlimited product uploads and regardless of the account type, sellers are always in full control over their products, pricing, etc.
Here is a quick overview:
For example, let's say you're selling a product for $20 in the store. Here's how the payout rate will work for the two different seller accounts.
Product sells for $20. Seller keeps $13 - 30c transaction fee = $12.70. TopMusic receives a 35% commission of $7.
All seller payouts are paid via PayPal on a rolling 14-day schedule. So if you sell something on 1 June, you'll receive your payout on 15th June. This allows us time for refunds or returns.
Product sells for $20. Seller keeps $15.60 - 30c transaction fee = $15.30. TopMusic receives a 22% commission of $4.40.
How to become a Premium Seller
A Premium Seller account is just $US59 per year. To activate, click here and we'll adjust your commission when payment is received.
**Remember that all TopMusicPro Evolution Members can access a Premium Account for free as part of their membership.
If you'd like to find out more about the benefits of Evolution Membership for helping you build stronger online businesses, click here to learn about our MusicTeacherStartup Course, an exclusive offering inside Evolution Membership.
To join us today inside TopMusicPro, click here to register.