Terms for Selling Items on flight-toys.com

This web page summarizes the terms for anyone wishing to sell their products on flight-toys.com. This website sells several different product lines, including boomerangs, flying rings, books and artifacts, Fixed price items are only sold on the boomerangs and flying rings web pages. All other web pages have items that start at an initial price and then the price declines slowly until that item sells.

Fixed Price Catalog Items - If you wish to sell boomerang products at a fixed price, my commission is 33% (1/3) of the final sale price. Fixed priced items cannot be sold on the collectable, hardwood or art web pages. All prices must be in dollars (USD). I will not sell products at a price that exceeds the listed price for the same product on another website. Sellers are allowed to change prices once each calendar year in case an item is a slow seller or if currency conversion adjustments are required. If a product is listed in the catalog for one year without any sales, then the seller has the option to have the items returned to the seller at the seller's expense or this fixed price product will be converted into a declining price product (has a yellow star next to the price) until it is sold. Any product converted into a declining price sale can never be sold again at a higher price than the last sale price with a yellow star.

Declining Price Products - All products that are sold on the artifacts and books web pages have a yellow star next to the price and this is a mark indicating that the price of that item will be reduced weekly until it is sold. On the boomerang web pages, all products on the collectable, hardwood and art web pages will be sold with a yellow star. The formula for the declining price is either a 1% reduction each week or an exponential decay so that the price reduction slows down as the price declines. The formula that is used is dependeant on the category and item offered for sale. The calculated price is truncated to show only the whole dollar amount for simplicity. Therefore, some items will appear to have no price deduction until the price falls below the next lower whole number. My commision for declining price products is tiered so that if an item sells for more than $100, then my commission is 20% (1/5). If an items sells at a price between $51 and $100, then my commission is 25% (1/4). If a declining price product sells for $50 or less, then my commission is 33% (1/3) of the final sale price.

Boomerang Auctions - The commission on any product that sells in a boomerang auction is 20% (1/5) regardless of the final selling price.

Sellers are responsible for the shipping cost to get items to me. We must agree on a fixed price or a starting declining price before the items are sent to me. I will maintain an account for all sellers and periodically make payments to the sellers as their items are sold. I can make payment through PayPal or I can mail a check. I will not send money through a bank transfer because my bank charges a very large fee for this service. I can also purchase goods for you if you are overseas or I can keep your money in an account and make payments for you in the USA as needed.

I do not want to sell items in my catalog that are also being offered for sale on other websites. If you send me items to sell and I find the same items for sale on another website at a lower price, then my sale price will be reduced to match the sale price on the other website and I will not accept replacement items until those items are no longer being offered for sale on other websites. The exception to this rule is a few low cost boomerangs (triFlys, etc.) and boomerangs sold in an boomerang auction.


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