Fanatics Collect Launches New Buy Now Marketplace

Fanatics Collect, a leading platform for collectors, is thrilled to reveal its latest innovation – the introduction of a new Buy Now marketplace. This exciting development aims to streamline the selling process for collectors and sellers alike by offering a revamped fee structure designed to boost earnings and accelerate transactions.

One of the key highlights of the new fee structure is the introduction of a fixed 6% fee for listings that are sold for less than $120. This rate is notably low compared to industry standards, providing sellers with the opportunity to maximize their profits. By eliminating the previous 20% buyer’s premium and bonus commission fees, Fanatics Collect has made it more lucrative for sellers to list their items on the platform.

Under this new system, sellers will continue to earn the same amount for sales of $120 or more as they did previously, ensuring consistency in earnings. For sales under $119.99, sellers can now pocket up to 94% of the listing price, a significant increase from the previous maximum of 85%. This adjustment is poised to benefit sellers immediately, with all existing listings automatically transitioning to the new fee structure, eliminating the need for sellers to make manual changes to their prices.

In response to feedback from collectors and sellers, the Buy Now marketplace has undergone a redesign aimed at enhancing the visibility of cards, streamlining the listing process, and simplifying the fee system. Removing the 20% buyer’s premium and bonus commission incentivizes sellers to create listings with more competitive prices, enriching the array of options available to buyers on the platform.

To uphold fairness and competitiveness, listings priced more than 20% above the fair market value will be subject to a 15% seller’s fee instead of the standard 6%. Moreover, Fanatics Collect has eliminated the $3 minimum fee for Buy Now sales, enabling sellers to list items for as little as 50 cents, thereby catering to a broader range of collectibles.

In addition to the financial benefits, the new Buy Now marketplace also promises expedited transactions. Through the Fanatics Collect app, collectors can make instantaneous payments when purchasing items, ensuring that sellers receive their funds promptly and buyers can swiftly add to their collections.

For sellers who prefer not to operate under the new fee structure, the option to delist their items is available at any time. Should assistance be required, sellers can reach out to their dedicated sales representative or the Collector Experience team for support.

The launch of the Buy Now marketplace represents a pivotal moment in the Fanatics Collect journey, as it aims to enhance the overall buying and selling experience for collectors. Discover the new marketplace today and leverage the simplified fee structure to maximize your earnings on every sale!

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