Listing a Sale on the Marketplace
Signing up for the Marketplace is relatively simple. Before you sign up, you will need to gather two things:
- The Bank Account number you use for your business
- The routing number you use for that bank account.
These two things will be used when signing up for one of the Marketplace’s integrated payment processors, Stripe or Square. The choice is yours. Stripe or Square is how you will get paid for the items you sell. Whichever you choose, they both charge a 2.9% fee + 30 cents per transaction.
Getting Signed Up:
First login to your account.
You will need to be on a paying package to sign up for Marketplace: Gold, Silver, or Bronze.
Click the green “Connect to Stripe” Button, or the "Connect to Square" link, under Step one.
This is where you will enter your company information along with your bank account number and routing number. This is a relatively straightforward process and is currently required to use the Marketplace.
Shipping:
Once you have signed up for Stripe, you will be prompted to sign up for Shippo. Shippo is a multi-carrier shipping platform that you can use to purchase postage through for items you sell and plan to ship. You do not have to sign up for Shippo if you prefer to use your own shipping service. Shippo is integrated into the Marketplace, so if you do sign up, you can print your shipping labels directly from your account.
Listing A Sale:
The final step is listing your sale to the Marketplace. Once you have signed up for Stripe, all you will have to do is click the “Add a Sale” button that you would usually click to add your traditional sales. A pop-up box will appear asking you if you would like to list a “Traditional Sale” or a “Marketplace” Sale.
There are three steps when you are listing a Marketplace sale.
1. Enter the sale information
- The title
- Start and end dates (up to six weeks apart)
- Postal Code the Sale is located in
- If the sale will be a “Buy Now” online estate sale, or an Online Auction
- If the sale is for yourself or a client (you can enter or choose a new client if you want to keep all of the sales data under a specific client for reporting. This can come in handy if you conduct two different sales, but for the same client.
- Sale Terms and Conditions
2. Adding Items
Your second step is adding your estate sale items and picking if you would like to use the Dynamic Pricing System. (This system will automatically lower the price of items as the sale progresses until they are sold. This is to mimic the discounting of an estate sale over a few days.)
Adding an Item is relatively easy and only takes a few steps:
- First, upload photographs of the item. (you can upload up to 50)
- Enter the name of the item
- Enter the description of the item
- Pick if you would like to offer shipping and/or local pickup
- Enter the postal code of the item
- Enter the end time of the item
- Enter the price of the item
- Select if you would like to use Firm Pricing for the item, or a Dynamic pricing option for the item
- Choose the category that the item would like to go into
- Choose a subcategory you would like the item to go into. (This helps people find your items)
- Optional details you can add:
- Item Terms and Conditions
- Enter questions and answers
- Tags
After you have entered the item details, you can then save the item and go to the final step of reviewing and publishing the sale, or you can save the item and enter another.
3. Review and Publish:
The final step is where you review and publish your items. You will need at least 20 items listed to show on the “City Sale List Page.” Click the green “Publish” button to publish the sale to the site.
That’s it! It is a relatively straightforward process to get started with the Marketplace. One advantage of the Marketplace is that the system does a lot of the hard work for you. Payment is automated, which saves you time reaching out to the customer for payment. It sends automated messages to buyers, letting them know details about their orders and helps you keep track of orders and accounting to be able to report to your clients.
If you have questions or need any assistance getting started or listing items, reach out to us. We are more than happy to help!