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Seller Pricing
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| Selling product on festivedeal.com is really simple. Be an individual, house wife, professional; all can sell products online easily on festivedeal.com. |
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Our Fees Structure
You pay nominal fee to us only on your successful transaction. We do fastest payment to our vendor so that you can do more business without keeping money on hold for long. Our marketplace fees system is simple and easy to calculate.
| Commission Fees* – | Starts with 3% on product price only. Varies upon product category. |
| Operating Cost – |
Product Price Less than or Equal to 100, It will be Rs. 5; Product Price Greater than 100 and Less than or Equal to 300 , It will be Rs. 10; Product Price Greater than 300 and Less than or Equal to 600 , It will be Rs. 15; Product Price Greater than 600 and Less than or Equal to 800 , It will be Rs. 20; Product Price Greater than 800 and Less than or Equal to 1000 , It will be Rs. 25; Product Price Greater than 1000, It will be Rs 30.
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| Shipping Charges – | Varies based on volume and distance (Minimum charges Rs. 30) |
| Transaction Fees* – | 2 % on the Order Item Value (i.e., Total Sale Price which customer paid) |
| Service Tax – | 18% on sum of above total amount (This will change as per Govt. rules) |
*Commision Fees means Festivedeal Store Commision Fees. Ask for your product category commision. This also depends on the agreement you made initially.
*Product Price means only the final selling price of the product listed on Festivedeal Site for customer to pay.
*Total Sale Price / Order Item Value means Totam amount that customer paid to buy that product. This includes, Product price, Shipping Cost, etc.
*Festivedeal Seller Registration Fee - For this refer to our Seller Agreement Page section S-4 Festivedeal Seller Fees.Currently this Registration Fees is not applicable for the new joiner. A nominal fee of INR 999.00 per annum will be levied after 2 years based on the total volume of sale is greater than INR 500000. If your volume of sale remains below INR 500000 per annum, even after 2 years of Registration than in that case you will not be required to pay Registration Fee and will continue to be FREE.
*Fees are subject to change.
Shipping Options
You can opt for any one shipping option for your product delivery. This gives us the flexibility to do shipment from any location especially for those sellers who is selling from remote places. As part of our shipment process, we recommend shipping product through our selected courier vendor only. The options are as below –
1. Handover the packed* product to our courier partner and they will deliver. Free pickup will be done by our courier partner.
2. Handover the packed courier to our collection team and we will get it delivered.
3. You can opt to pack and deliver the product as per your choice of courier. In this case courier charges will have to be bear by you and we will not deduct any shipping charges.
In case of option-1 & 2, shipping charges will be deducted from the product price before doing the payment to you. For option-3 we will not deduct any shipping amount.
*All goods needs to be packed properly to avoid any physical or liquid damage to the product. If required, we will do further packing on the product for safer delivery.
Our shipping charges in case of option-1 & 2 is as below –
| Weight | Local | Within State | Neighboring State | Other State | Between Metro and State Capital* | National capital Region-Delhi/ Ghaziabad/ Noida/ Greater Noida/ Faridabad |
| Up to 500 gm | 30 Rs. | 54 Rs. | 60 Rs. | 80 Rs. | 70 Rs. | 40 Rs. |
| Every Additional 500 gm up to 5 KG | 8 Rs. | 14 Rs. | 18 Rs. | 20 Rs. | 18 Rs. | 10 Rs. |
| Every Additional 500 gm above 5 KG | 10 Rs. | 16 Rs. | 20 Rs. | 22 Rs. | 20 Rs. | 12 Rs. |
*This charges can change any time by the postal or courier provider. So refer to the delivery service provider shipping charges for the latest cost of delivery.
*Provided it is not covered under, within state or neighboring State.
**The above tariff is in INR and exclusive of any service taxes. 18 % service tax will be levied on this.
***Delivery period will be from 2 days to 10 working days depending upon the distance and type of post services selected by customer.
Note: Free delivery are delivered through normal post, unless customer select for speedy post.. Festivdeal will charge the courier services fees as per actual.
As part of our effort to reduce the overall operating cost we will ensure the lowest shipping cost without compromising on the speedy quality delivery. The benefit of less shipping charges will be transferred to vendor and in-turn it will also benefit our customer.
Following products are restricted and cannot be sold on festivedeal.com
- Any hazardous (like acid, Petrol, Diesel, etc), poison, pesticides or chemical products.
- Breakable and highly delicate items – Like product made of thin glass.
- Allopathic medicine or any regulated or prescribed medicine.
- Any old, rusted, expired (or getting expire in nearby time), or used products.
Note: We must ensure that wrong product should not be delivered to customer, which he does not ordered.
Please Note: As per new rule under GST, we will be deducting 1% TDS on final product selling price and will be submitting to Income Tax. This can be claimed by the seller while filing Tax. This is subject to applicable for your product. Please contact us for more details and clarity.
PRICING CALCULATION EXAMPLE FOR EACH SCENARIO
Scenario-1: When Shipping is Free to Customer then it is included in Product Selling Price. Assume Shipping is done by Festivedeal.
• Suppose your musical product got sold on Festivedeal for Rs. 1000. This includes 50 Rs. shipping cost.
• Customer Pay 1000 Rs. to buy on Festivedeal (FD). i.e., Selling Price.
• Store Commission for musical products, calculated at 7% on Product Price Only (i.e., 1000 - 50 = Rs. 950). = 950 X 7% = Rs. 66.5
• Operating cost of Rs. 25 will be charged on Selling Price as Rs. 1000 (Refer to the table above).
• Shipping Cost is Rs. 50
• 2% Transaction Fees on Selling Price (i.e., on Rs. 1000) = 1000 X 2% = Rs. 20
• Total Cost = 66.5 + 25 + 50 + 20 = Rs. 161.5
• GST of 18% will be levied on Total Cost. GST Value = 161.5 X 18% = Rs. 29.07
• Total Cost With GST = 161.5 + 29.07 = 190.57
• Net Transfer to Seller (You) by Festivedeal will be - 1000 - 190.57 = 809.43
Scenario-2: When Shipping is Free to Customer then it is included in Product Selling Price. Assume Shipping is done by Seller. In this case Festivedeal will not deduct shipping cost and will be transferred to Seller.
• Suppose your musical product got sold on Festivedeal for Rs. 1000. This includes 50 Rs. shipping cost.
• Customer Pay 1000 Rs. to buy on Festivedeal (FD). i.e., Selling Price.
• Store Commission for musical products, calculated at 7% on Product Price Only (i.e., 1000 - 50 = Rs. 950). = 950 X 7% = Rs. 66.5
• Operating cost of Rs. 25 will be charged on Selling Price as Rs. 1000 (Refer to the table above).
• Shipping Cost will not be deducted and will be transferred to Seller.
• 2% Transaction Fees on Selling Price (i.e., on Rs. 1000) = 1000 X 2% = Rs. 20
• Total Cost = 66.5 + 25 + 20 = Rs. 111.5
• GST of 18% will be levied on Total Cost. GST Value = 111.5 X 18% = Rs. 20.07
• Total Cost With GST = 111.5 + 20.07 = 131.57
• Net Transfer to Seller (You) by Festivedeal will be - 1000 - 131.57 = 868.43
Scenario-3: When Shipping is Not Free to Customer and Customer has to pay Extra Shipping Charges on Festivedeal. Shipping is done by Festivedeal.
• Suppose your musical product got sold on Festivedeal for Rs. 1000. Additional 50 Rs. is paid for shipping cost by Customer.
• Customer Pay 1050 Rs. to buy on Festivedeal (FD). i.e., Selling Price.
• Store Commission for musical products, calculated at 7% on Product Price Only (i.e., Rs. 1000). = 950 X 7% = Rs. 70
• Operating cost of Rs. 30 will be charged on Selling Price as Rs. 1050 (Refer to the table above).
• Shipping Cost is Rs. 50, paid separately by Customer.
• 2% Transaction Fees on Selling Price (i.e., on Rs. 1050) = 1050 X 2% = Rs. 21
• Total Cost = 70 + 30 + 21 = Rs. 121
• GST of 18% will be levied on Total Cost. GST Value = 121 X 18% = Rs. 21.78
• Total Cost With GST = 121 + 21.78 = 142.78
• Net Transfer to Seller (You) by Festivedeal will be - 1050 – 50 - 142.78 = 857.22
Scenario-4: When Shipping is Not Free to Customer and Customer has to pay Extra Shipping Charges on Festivedeal. Shipping is done by Seller. In this case we will transfer Shipping amount to Seller.
• Suppose your musical product got sold on Festivedeal for Rs. 1000. Additional 50 Rs. is paid for shipping cost by Customer.
• Customer Pay 1050 Rs. to buy on Festivedeal (FD). i.e., Selling Price.
• Store Commission for musical products, calculated at 7% on Product Price Only (i.e., Rs. 1000). = 950 X 7% = Rs. 70
• Operating cost of Rs. 30 will be charged on Selling Price Rs. 1050 (Refer to the table above).
• Shipping Cost is Rs. 50, paid separately by Customer. This amount will get transfer to Seller for doing shipping himself / herself.
• 2% Transaction Fees on Selling Price (i.e., on Rs. 1050) = 1050 X 2% = Rs. 21
• Total Cost = 70 + 30 + 21 = Rs. 121
• GST of 18% will be levied on Total Cost. GST Value = 121 X 18% = Rs. 21.78
• Total Cost With GST = 121 + 21.78 = 142.78
• Net Transfer to Seller (You) by Festivedeal will be - 1000 + 50 - 142.78 = 907.22
