How to Sell for FREE on Bonanza!

Hello Bonanzlers, Bonanza Greg here!  Still being relatively new to Bonanza, I wanted to share with you something I just learned (but some of you are already well aware of). As I do every day, I look through our daily sales transactions; scouring for trends, issues, and opportunities that could benefit our sellers. “What did you find that was so exciting that it prompted a blog post?” you ask. Well, I saw a terrific order from one of our veteran sellers which totaled $300 for 14 unique items. What astonished me, was that the Final Value Fee (commission fee) for the total order was 0, zip, zilch, nil, nada, zero!

Seeing this, I wanted to learn more and understand a couple of things:  

1. Is this right? How could this be?
2. If this is right, then are there other activities, policies, and tools that our selling community could leverage on a daily basis to make commission-free sales?

So I did what any other business leader would do. First, I validated with our team that sellers can sell without paying any commissions. Then, I held a Bonanza team member contest to find out who knew of the most methods for commission-free sales available to our sellers…. It turns out that I didn’t have enough prizes for all the responses I received!  

How to Sell for Free on Bonanza

Before I get to the good part, I want to highlight that these free tools are NOT short-term promotions in response to COVID-19. They are everyday methods we’ve had in place for years that every one of you can leverage to make your booth more profitable. You can also choose to reduce your prices to drive more revenue (without sacrificing profitability). So, without further ado, here they are (in no particular order):

1. Customer Marketing Tool: Build repeat business and pay no commission fees with marketing campaigns to your past buyers.
2. Bonanza Promotions: We simply forego what we would collect from you in sales commission fees and pass that amount on as an enticing discount coupon to shoppers.
3. Free Referral Website: Designate a website you own or plan to drive traffic from and you pay nothing when buyers click from this site and purchase your items.
4. Social Media Marketing:  Add your account's unique referral ID to your business' social media posts to pay no commission when buyers click your link and make a purchase.
5. Redeem Reward Tokens: Apply your reward tokens to save $1 off that month’s Final Value Fees for every 500 tokens redeemed. 
6. Seller Referrals: Earn 5,000 tokens when a seller you have referred to Bonanza makes their first sale and use them to take up to $10 off your Final Value Fees!
7. Bonanza Webstores: Webstore transactions are not charged a Final Value Fee.

We're on Your Team

For personalized suggestions on each of these programs that you can use to make commission-free sales, visit our help pages, reach out to Shelly, our Seller Happiness Manager at [email protected], or send our team a note at [email protected].  

Also, if you have discovered an additional way to sell (legally and within our Terms & Conditions) on Bonanza with ZERO fees, please share it in the comments section and we’ll send you a prize!

In the meantime stay healthy and safe. 

Happy Selling!

Greg