Timing - How long will it take to sell?
Miss Money Penny is
NOT a clearance or auction site! Your
items may take time to find the right home. If you are after a quick
sale this may not be the right environment for you - this is a boutique
versus a department store! Some items are snapped up in a week, others
take months. You will get better prices though if you have
high quality, well priced items.
Product is listed on the site for up to
90 days/3 months - if it
hasn't sold by then it goes into our Going, Going Gone Sale which lasts
24 hours and is then de-listed if not sold.If you wish to re-submit the
product the following season
Snap shot in 5 easy steps
1. Fill out the Selling Form on the site
2. We List the item for you (within 1-3 days) OR tell you it is not accepted
3. We email you when it sells with details on where to send
4. You send it to the buyer
5. We pay you 80% of the sale price (that's 20% commission). Consignment
store take up tp to 60%. Fees are around the same as Ebay but you get
better prices - it can take longer though. We are a boutique!
In Detail darlings...How it works
- Seller takes a digital picture of item (see guidelines)
- Seller completes 'Selling Form' in the 'Sell My Gear' section.
- Miss Money Penny accepts or rejects item/items confirming by email.
- Item is posted to the website (new stock is uploaded twice weekly).
- Buyer searches by brand, size or category
- Buyer adds to cart and pays Miss Money Penny via secure Paypal gateway
- Miss Money Penny emails seller advising them that the item is sold and provide Buyer details for postage
- Seller posts item to Buyer by Express Post
- When the item is received the Buyer advises Miss Money Penny via email
- Miss Money Penny then pays Seller – less 20% commission of total sale amount into Seller bank account as supplied
NB: Payments to Sellers are made once per week each Friday when item has been confirmed received by Buyer.
Social Death
Bad feedback goes into
‘Social Death’ section on Miss Money Penny
site so frequent offenders are identified. If you at any time wish to
change the price of your item, or ‘unlist’ you can simply email Miss
Money Penny & she will update this for you as long as it is before a
purchase has been made.
Satisfaction guarantee
If you are unhappy with the item you have received from a seller due to
it being the wrong fit or colour (not if it is damaged - see 'disputes'
below), Miss Money Penny is happy for you to
re-list the item on the site for the same price as purchased
COMMISSION FREE.
