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Success Fees
The Success Fee only applies if you successfully sell an item on bidorbuy. You will be charged a Success Fee based on the Winning Bid Amount for your item(s). Success fees are calculated on a per item basis which means that when more than 1 item is sold, the success fees will be calculated on each item separately.
The Success Fee is between 1% and 5% of the Winning Bid Amount of your Auction or Buy Now. Whether you have created a Standard Auction, a Buy Now Item or an Auction with a Reserve price, the Success Fee is still calculated the same way, based on the below table. If there were no winning bids on your item, you will not be charged a Success Fee.
Standard Auctions
| Winning Bid Amount | Success Fee (Incl. VAT) | | From Value | To Value | | | Ksh0.01 | Ksh2,500.00 | 5% of the Winning Bid Amount | | Ksh2,500.01 | Ksh50,000.00 | Ksh125.00 + 4% of the Winning Bid Amount over KSh2,500.00 | | Ksh50,000.01 | Ksh1,000,000.00 | Ksh2,025.00 + 3.5% of the Winning Bid Amount over KSh50,000.00 | | Ksh1,000,000.01 | Ksh2,500,000.00 | Ksh35,275.00 + 3% of the Winning Bid Amount over KSh1,000,000.00 | | Ksh2,500,000.01 | Ksh5,000,000.00 | Ksh80,275.00 + 2% of the Winning Bid Amount over KSh2,500,000.00 | | Ksh5,000,000.01 | No Limit | Ksh130,275.00 + 1% of the Winning Bid Amount over KSh5,000,000.00 |
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Buy Now Items
If an item is purchased using the Buy Now function at the Buy Now price, for the purpose of calculating the Success Fee this Buy Now price corresponds to the Winning Bid Amount of a Standard Auction. Success Fees for Buy Now Items are therefore calculated in the same manner as Success Fees for Standard Auctions.
Auctions that are sold to runners-up
In the event the item is sold to the runner-up because the winning bidder defaulted, the Success Fee will be calculated using the Bid Amount of the runner-up's bid.
Here Is How the Success Fee Will Be Calculated:
- If your item sold for Ksh2,500.00 or less, your Success Fee is simply 5% of the Winning Bid Amount.
- If the Winning Bid Amount is more than Ksh2,500.00 and less than Ksh50,000.00, then the Success Fee will be 5% on the first Ksh2,500.00 (i.e. Ksh125.00) plus 4% on the amount over the first Ksh2,500.00.
- If the Winning Bid Amount is more than Ksh50,000.00, then the Success Fee will be 5% on the first Ksh2,500.00 plus 4% on the following Ksh47,500.00 (i.e. Ksh1,900.00), plus 3.5% on the amount over Ksh50,000.00.
Examples:
- If your item is sold for Ksh1,500.00 then the Success Fee will be 5% of Ksh1,500.00 - i.e. Ksh75.00.
- If your item is sold for Ksh24,000.00 then the Success Fee will be 5% on the first Ksh2,500.00 (i.e. Ksh125.00) plus 4% on Ksh21,500.00, being the amount over Ksh2,500.00, which comes to Ksh860.00. In total the Success Fee will be Ksh985.00 (i.e. Ksh125.00 + Ksh860.00).
- If your item is sold for Ksh80,000.00 then the Success Fee will be 5% on the first Ksh2,500.00 (i.e. Ksh125.00) plus 4% on the following Ksh47,500.00 (i.e. Ksh1,900.00) plus 3.5% on Ksh30,000.00, being the amount over Ksh50,000.00, which comes to Ksh1,050.00. In this case the total Success fee will be Ksh3,075.00 (i.e. Ksh125.00 + Ksh1,900.00 + Ksh1,050.00).
- If you sell 3 items of Ksh2,500 each, then the Success Fee will be 5% x Ksh2,500.00 for each item and that will equal to Ksh375.00 (Ksh2,500.00 x 5% x 3)
Classifieds:
Classified listings do not incur Success Fees due to their nature, but a Listing Fee may apply. See the Classified Listing Fees Rate Card below.
Listing Fees Rate Card
Sellers need to pay a fee for each item that they list in certain categories, even if the item does not result in a sale. To list in all other categories is FREE.
| Categories | Listing Fee | | Property | - Ksh200.00 No Success Fee Charged
| | Bikes, Boats & Other Vehicles - (Excluding Parts & Accessories) | - Ksh100.00 No Success Fee Charged
| | Cars - (Excluding Parts & Accessories) | - Ksh100.00 No Success Fee Charged
| | Cell Phone Contracts | - Ksh100.00 No Success Fee Charged
| | Holistic & Esoteric - Services | - Ksh100.00 No Success Fee Charged
| | Businesses & Websites for Sale | - Ksh100.00 No Success Fee Charged
| | | | | Photography - Services | - Ksh100.00 No Success Fee Charged
| | Office Machine Rentals & Leases | - Ksh100.00 No Success Fee Charged
| | All Other Categories | |
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Enhanced Listing Fees Rate Card
Enhanced Listings help Sellers promote their items by increasing their visibility on bidorbuy. This fee is charged irrespective of the sale of the item.
Note: Special Listing Fees is non-refundable regardless of whether the sale is completed or not. Most categories qualify for the special fees rates below, but certain categories may have individual enhacement fees charged per category.
| Listing Type | Description | Rate per listing (Ksh) | | Premium Listing | The item will be part of the Premium Listing's block, located above the Home Page Listings block on the bidorbuy home page. They will also be randomly displayed across the entire site to the right of the sub-category headings. Other than being promoted on the bidorbuy website, the items listed under Premium Listings will also be marketed on participating 3rd party websites for further exposure. Example | Ksh200.00 | | Home Page Featured Listing | The item will be displayed as part of the 'Home Page Items' section on the bidorbuy homepage and on top of the listing page of 'All Home Page Items', which is a link on the homepage and as part of the 'Featured Listings' at the top of the listing pages of that category. Preference is given to items ending in the next 7 days. Example | Ksh100.00 | | Category Page Featured Listing | The item will be displayed as part of the 'Featured Items' on the respective Category Page and under 'Featured Listings' at the top of the listing pages of that category. Preference is given to items ending in the next 7 days. Example | Ksh20.00 | Paid Promotions
| The item will be part of the promotion that the Seller has selected and will be featured in the relevant section on the site. Currently Crazy Wednesday Auctions and Snap Friday Auctions need to be set as paid promotions. Example | Ksh10.00 | | Priority | The item will be displayed on both the category listing and the search results pages in a separate section called 'Priority Items' which will appear above the 'Regular Items' section. Example | Ksh10.00 | | Highlighted | The item will be displayed on both the category listing and the search results pages with a yellow background so that it stands out from regular items. In addition, the item title will be emphasized in bold. Example | Ksh10.00 | | Promotional Category Listing | If the item fits into more than one category, the Seller can list the same in a second 'Promotional' category. bidorbuy may also run marketing promotions in which Sellers can participate by selecting specially designated Promotional categories. Example | Base rate Ksh10.00
Special promotions may be higher. | Note: You may choose a combination of multiple Enhanced Listings. In this case you will be charged separately for all the Enhanced Listing options selected. Also note that certain categories are charged different to the above example see the table below. |
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Enhanced Listing Category Fees Rate Card
| Listing Type | Category | Rate per item (Ksh) | | Category Page Featured Listing | Cars, Bikes, Boats and Other Vehicles, Services, Holistic & Esoteric - Services Example | Ksh60.00 | | Priority | Cars, Bikes, Boats and Other Vehicles, Services, Holistic & Esoteric - Services Example | Ksh20.00 | | Highlighted | Cars, Bikes, Boats and Other Vehicles, Services, Holistic & Esoteric - Services Example | Ksh20.00 | | Category Page Featured Listing | Property Example | Ksh100.00 | | Priority | Property Example | Ksh40.00 | | Highlighted | Property Example | Ksh40.00 |
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