Although there are no Facebook Marketplace Fees, some fees may actually apply when you use Commerce Manager to sell products on Facebook on Instagram and let customers check out on the Facebook platform.
How Much Do You Have To Pay To Sell On Facebook Marketplace?
Facebook Marketplace charges no fee to sell or buy on the platform. Sellers can keep their earnings to themselves as Facebook does not get any cut from their sales. All you have to do is have a good bargaining power to make your profit from your sales.
Facebook Marketplace Pros
Facebook Marketplace charges no fees, which actually makes it a good platform to test run your products and perfect your selling techniques before you think of growing your business outside your local community. You can use this opportunity to learn which products sell, and how buyers react to the merchandise conditions to help develop your sourcing skills.
Since there is no fee charge for listing, you can easily list your product and get buyers to purchase your items and make profits to expand your business.
Facebook Marketplace Fees (Commerce Manager)
Selling Fee
Once you make a sale, a fee is deducted from your payout instantly. This is called the selling fee.
The selling fee is 5% per shipment, or a flat fee of $0.40 for shipments of $8.00 or less. You get to keep the rest of your earnings.
The selling includes;
- Taxes
- Cost of payment processing
- Applies to all checkout transactions for all product categories on Facebook and Instagram.
- Helps in funding other programs for a good buying and selling experience.
Cashback Fee
If a customer files a chargeback, a hold will be placed on the transaction amount until the chargeback is resolved.
Any fees you incur, is displayed in your financial reports.
For sellers, since Facebook does not come in between the seller and the buyer, you are advised to tell the buyer aforehand of the payment methods and the delivery fees attached to each item bought and the fee for each item. This is to avert any trouble between the buyer and seller during sales, as Facebook does not have a buyer or seller protection rules.
