How to Sell for FREE on Bonanza!

image of repeating dollar signs and stars

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 WebstoresWebstore 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 sellerhappiness@bonanza.com, or send our team a note at support@bonanza.com.  

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


35 responses to How to Sell for FREE on Bonanza!

  • Ms_Prissys_Patterns says:
    05/05/20 at 09:21:08

    Thank you so much for offering Stripe to everyone. I have had two sales from it!.

    BonanzaShelly says in response:
    05/06/20 at 11:19:50

    That’s wonderful to hear Ms_Prissys_Patterns!

  • CaringForPaws says:
    05/05/20 at 09:43:23

    Thanks for the tips Greg. I like getting excited about doing more Bonanza business. Always like the crew here and appreciate the friendly atmosphere.

    BonanzaShelly says in response:
    05/06/20 at 11:23:12

    Thanks from all of us at Bonanza! We like you too, and appreciate the work you do to care for animals.

  • greaterdiscounts says:
    05/05/20 at 10:31:15

    No selling fees sounds Great!!!!

    BonanzaShelly says in response:
    05/06/20 at 11:24:37

    Hi greaterdiscounts! Hope you are able to use the tips Greg posted, it really works!

  • Bonanzajh says:
    05/05/20 at 11:03:25

    Thank you for reminding me the benefits Bonanza has to offer!

    BonanzaShelly says in response:
    05/06/20 at 11:25:07

    You’re welcome Bonanzajh!

  • lildaneia says:
    05/05/20 at 12:36:57

    Well Bonanza Greg, I have been listing my wares on Bonanza for quite a few years and I tell you, if I had to count on sales, not profit but sales, to feed myself, I would have been gone quite awhile back!! It seems that if one does not have a monthly fee store, do not expect much at all for sales.

    Pete

    BonanzaGreg says in response:
    05/05/20 at 17:18:48

    lildaneia, thank you for your response. We appreciate you for sticking with us. Pete, would you mind reaching out to us @ sellerhappiness@bonanza.com to ensure that your booth is optimized for success. As I wrote in the blog, monthly fees are not a requirement for sales success. I would also add that many who do take our advice and are responsive to customers, will be successful. Please reach out to us and let’s see what we can do. Thank you!

  • Mary_Ann says:
    05/05/20 at 13:31:58

    Thank you for the information, going to check it out.

    BonanzaShelly says in response:
    05/06/20 at 11:26:26

    Sounds good, Mary_Ann! Let us know if you have any questions!

  • Stardust_Memories says:
    05/05/20 at 14:27:23

    Thanks for the info. Unsure why that was kept a secret to begin with.

    BonanzaGreg says in response:
    05/05/20 at 16:33:48

    Thank you for your message Stardust_Memories! I can see what you mean, as it was something I had no idea of either.
    There are no secrets – just lots of information and many places to look for it is what I’ve experienced as a new Bonanza user. So what I’ve asked our team to do is to consolidate all such information into a “Seller Playbook” that Shelly will be publishing here shortly. Then everything you need to know to be successful on Bonanza will be easily accessible and in one place.

  • ShannonJ513 says:
    05/05/20 at 15:45:08

    I wish i knew this when i signed up…already spent 200.+ dollars ????

    BonanzaGreg says in response:
    05/05/20 at 16:58:00

    Hi ShannonJ513, thank you for your response. Judging by your reply, you do not feel that you received value out of the money you spent. I would suggest that you contact us @ sellerhappiness@bonanza.com so that we can walk you through a proper setup – to ensure the proper foundation before increasing your spend. Then with increased advertising I’m sure you’ll be successful. I’ll ask Shelly to reach out to you. Thank you!

  • fortyanddeuce says:
    05/05/20 at 15:54:59

    Just learning the ropes here – it’s so nice to see a team more interested in their users than profits :)

    BonanzaGreg says in response:
    05/06/20 at 09:23:35

    Thanks for your message fortyanddeuce! I would say this, when our sellers are profitable we profit. So therefore, it’s our mission to ensure your businesses are successful and healthy. Happy selling to you!

  • ThePostcardDepot says:
    05/05/20 at 16:02:50

    At least three of those have worked for me. Just need to keep doing it!

    BonanzaShelly says in response:
    05/07/20 at 11:34:39

    Excellent! Glad to hear it!

  • foxredb says:
    05/05/20 at 16:46:54

    There is a problem I have with sales the number of visitors is increasing but nobody is buying

    BonanzaGreg says in response:
    05/05/20 at 17:08:50

    Hello foxredb, thank you for reaching out. First off, I’m ecstatic to hear that your Booth is getting a lot of visitors as your shirts are really creative! As an option, you might consider testing pricing levels to ensure that your customers/audience feel that the price is appropriate. You could try offering coupons with different discounts to see what sticks. Please feel free to reach out to us at sellerhappiness@bonanza for some more specific thoughts.

  • pipefittingstore says:
    05/05/20 at 17:31:22

    Thanks for the post, and also your willingness to engage with the seller community. While no selling fees sounds great, I also know you get what you pay for. I am fairly new to Bonanza, but I can already tell that the selling platform is top notch and very intuitive, and there are a lot of tools for sellers to utilize. However, the big white elephant in the room is that Bonanza’s traffic is dwarfed by eBay’s and Amazon’s. What is more, if I have my own website, I am not sending buyers here – I am selling to them on my own site. If I buy Facebook ads, I am directing them to my website, not Bonanza. I realize there is already a 3.5% standard fee, and then levels of advertising on top of that, but personally I think my Final Value Fee would be best spent telling the world how great Bonanza is, in order to drive traffic to the site so that everyone benefits. I couldn’t tell you how to accomplish the goal – I am not a marketing professional. But, I also doubt I am the only seller on Bonanza that feels this way. Thanks for your attention.

    BonanzaGreg says in response:
    05/06/20 at 09:28:54

    pipefittingstore, thank you for your message. The fact is that our volumes will likely always be dwarfed by eBay and Amazon. But what I can tell you is that we have a plan to work on several facets of traffic. The most important of which is developing “organic” traffic. Part of our plan is to create a sustainable mechanism to get our brand name out there. This will be coming. Thank you for your continued support! Have you reached out to Shelly regarding the Seller Advisory Council?

  • ShannonJ513 says:
    05/05/20 at 18:20:41

    Wonderful, I appreciate that!

  • lovepinkusa says:
    05/05/20 at 20:58:14

    I am selling in Bonanza and I have a good experience so far.

    BonanzaShelly says in response:
    05/06/20 at 11:30:11

    So happy to hear that, lovepinkusa! Thanks for joining us at Bonanza!

  • Atomicdiner says:
    05/06/20 at 04:07:08

    I had a Repeat buyer just this week and was pleasantly surprised that Bonz waved the fee for the 2nd item.
    Thank You Bonanza!!!

    BonanzaShelly says in response:
    05/06/20 at 11:35:22

    Hi Atomicdiner! Congrats on the sale! We created the Marketing Tool Greg talked about above, to encourage repeat sales without fees. The sale you received with the fee waived was actually part of the Bonanza Promotions program.

  • Nordstromsauto says:
    05/06/20 at 06:35:33

    We have been selling on Bonanza for quite some time. I always look for the great ideas and witty comments on Bonanza. I love the relaxed atmosphere that is missing from the other online sites. And free stuff is always welcome. Thanks Greg for the information.

    BonanzaShelly says in response:
    05/06/20 at 11:39:28

    Hi Nordstromsauto! We’ve enjoyed working with you over the years and are proud to have you as one of our Top-Rated Sellers!

  • Stardust_Memories says:
    05/06/20 at 06:49:47

    Awesome! Great idea. Thanks.

  • pipefittingstore says:
    05/06/20 at 09:52:21

    Thanks for the quick response Greg. I did fill out the app Shelly sent regarding the Advisory Council, and I am glad to hear there are plans in the works for traffic and getting the word out. I look forward to seeing them in action in the future!

  • BKeist01 says:
    05/06/20 at 14:35:29

    Always great to learn more from you all – Thanks much!

    BonanzaShelly says in response:
    05/07/20 at 07:47:25

    You’re welcome, glad you’re finding the information helpful!


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