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TidWiT Fees & Commissions Page
What are TidWiT Fees and Commissions?
TidWiT fees are those fees that are charged to TidWiT users for some
service that TidWiT offers them. For example, if a user would like to post
his content (say a report or a piece of music), then those fees are assessed
for the posting, as well as where the user would like to post his piece, and
whether or not he would like to bold it, or have it featured... Usually fees are
only assessed on the seller when wanting to sell their content. As for commissions,
they are usually assessed as a percentage of the content sale price. For example,
if John Snow is a photographer sold his digital collection for US$50, then there
is a commission assessed on this sale, which TidWiT retains, sending John the difference.
What are TidWiT's fees?
Following is a list of TidWiT's fees. Please keep in mind,
that as per its user agreement (www.tidwit.com/useragreement.htm),
TidWiT has the right to change to change its fee structure, upon which
time, users will be advised. While users will not have fees retroactively
charged to their accounts or their postings, as of the date of the change,
all changes would go into effect and may affect their postings henceforth.
| SELLING FEES |
| I) Posting Content Fees |
| 1) Basic Posting |
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US$3.65/posting/year if less than 3MB
US$1.35/year/additional MB of storage up to 10MB
US$0.75/year/additional MB of storage from 10MB point on
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| 2) Optional Fees |
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| a) Haggled Pricing |
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US$ 1.30/posting/year (In addition to basic) |
| b) Bolded Item |
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US$ 0.95/posting/year |
| c) Highlighted Content |
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US$ 2.95/posting/year |
| d) Featuring an Item |
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i) On Home Page |
In Showcase |
US$19.95/posting/week (rotated) |
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i) On Home Page |
In Feature |
US$ 5.95/posting/week (rotated) |
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iii) In Category |
In Showcase |
US$ 9.95/posting/week (rotated) |
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iv) In Category |
In Feature |
US$ 2.95/posting/week (rotated) |
| e) Copyrighting Document |
Via US Mail and TidWiT Certificate |
US$14.95 |
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With US Library of Congress |
US$29.95 |
| II) TidWiT to Seller Payment Fees |
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| Via PayPal |
No Charge |
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| By Check |
In the US |
US$0.99/check |
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Outside US |
US$1.99/check |
| III) Buyer to TidWiT Payment Fees |
| Via PayPal |
No Charge |
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| By Credit Card |
Total Purchase Below US$5 |
US$0.50 per purchase |
| By Credit Card |
Total Purchase Above US$5 |
No charge |
| SELLER COMMISSIONS |
| Commission (On all previously paid postings) |
For first US$100 => 15% of content sale price
If > US$100 => 10% of content sale price
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How and When will fees and commissions be charged?
Fees will be charged to the seller as soon as the posting is made. The seller will be able to pay by different methods among which are credit card, and Paypal. Commissions will be ONLY be charged once the sale has been realized, upon which time, TidWiT will deduct the commission automatically from the sale price.
How does the content seller get paid?
If the content seller is in the United States, or has a bank account in the United States, TidWiT will be able to pay the seller by check or via Paypal. If the seller is outside of the United States, at this point the only method of payment will be through Paypal.
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