AFAB Fees & Payments Policy
Designers may be charged for using some of AFAB’s services. This Fees & Payments Policy explains your fees and taxes and how to pay them.
This policy is a part of our Terms of Use. By opening, you’re agreeing to this policy and our Terms of Use
This policy is a part of our Terms of Use. By opening an AFAB shop, you’re agreeing to this policy and our Terms of Use.
1 .
Types of Fees
Designers are required to pay the following types of fees. Please note that all fees are listed exclusive of any value
Listing Fees
Designers will be charged a listing fee of USD25 per month for up to 30 items or USD1 per item. Every change or additional item will be charged USD0.50 per item
New Designers (fashion graduates with less than 2 years in the industry) - New designers can list with USD5 per month for up to 10 items. Every change or additional item will be charged USD0.50 per item
Listing fees are reflected in your payment account and deducted at the time the listing is published or renewed. It's important to note that listing fees are non-refundable.
Auto-renew. AFAB’s automatic renewals feature will automatically renew your listings at the end of the month, unless you choose to not use automatic renewals for a particular listing or for your shop. You will be charged the listing fee of USD25 for every month and USD5 for New and Fresh Designers for every month until designers cancel automatic renewals.
Revenue-share
When you make a sale through AFAB, you are then required to do a revenue-share with AFAB. This revenue-share payable to AFAB shall include the services of copy-writing, photo-editing and content management of your collection. Revenue-share is based on the following categories of which you have confirmed to sign up with AFAB shall take.
i.
8% - Total Exclusive on AFAB with no retail presence online or offline anywhere else except selling from your own shop
ii.
12% - Your Items are Exclusive on AFAB but you are also a Seller on other marketplaces or retail stores.
iii.
16% - Your items are available at other places both online and retail.
Designer should be trusted as a Seller and AFAB reserves the rights to alter the revenue-share percentage of designer if the designer’s declared submission of items based on the definition as above is erroneous. AFAB reserves further rights to take further action if the offense is repeated. Every designer should be a Trusted Seller and an Honorable businessperson.
AFAB Payments
AFAB Payments enable designers to accept various forms of payment in various currencies while using AFAB’s services. AFAB Payments can accept payment by credit card, debit card, some bank transfer services, and AliPay.
Payment Transactions fees
3% + USD0.50 payment transaction fees (Visa and Mastercard)
3% + USD1.00 payment transaction fees (Wechat pay, Alipay and Unionpay)
Advertising and Promotional Fees
Off-site Marketing and PR Fees
AFAB marketing includes offsite advertising from a network of participating providers, such as social networks and search engines. Under the Offsite marketing program, AFAB pays all of the upfront costs of advertising on these providers. AFAB's network of participating shopping engines may change at any time. AFAB currently syndicates listings to a variety of channels, such as:
• Google
• Facebook
• Instagram
• Pinterest
• WeChat (China)
• Weibo (China)
Designers are automatically enrolled in Offsite Marketing, the standard fee you will pay is 12% for (Not inclusive China) or 15% (inclusive China), Designers are able to choose the plan for the market that you want to target. These Off-site marketing programs also include press releases and other media releases and news in broadcast, published or digital media. Off-site Marketing fee is only applicable upon each sale of goods.
Currency Conversion
All revenue-share and fees are converted from USD to your payment account currency at the market rate at the time the fee is reflected in your payment account. All fees appear in your payment account in your domestic currency. Revenue-share and Off-site marketing fees: If you list your items in a currency other than that of your payment account, the transaction fee and, where applicable, the Offsite Ads fee, on the price you display for each listing will be converted to your payment account currency at the market rate and reflected in your payment account.
2 .
Fee Avoidance
Any action by a designer to avoid paying a fee is considered fee avoidance and is strictly prohibited by AFAB. This includes, disputing revenue-share and fees as per calculated. A transaction initiated on AFAB is not be completed until the Buyer receives the items with no returns in 7 days. The price stated in each listing description must be an accurate representation of the sale. Designers may not alter the item's price after a sale for the purpose of avoiding AFAB Commission and other fees, misrepresent the item’s location, or use another user's account without permission.
Designers shall receive the payment minus revenue-share and other fees of their items sold within 10 working days from the day the Buyer receives the item.