Just a note to clear up confusion about our new prices and the different fees involved with running your advertising business online: your Passionfruit membership doesn’t cover fees you pay to Visa and PayPal.
Passionfruit now charges a flat rate for our service:
$9 a month.
This fee covers the PF services: running our website and dashboards, hosting the thousands of ad images, our 25 ad servers, and tons of other things that make your sponsorship life easier. You pay us this fee to outsource your advertising management.
Payment processing is separate
When we charge your sponsors for your ad, a small percentage is taken out by our payment processors for processing the credit card or PayPal payment. This fee is 2.9% + $0.30 per transaction. This fee is charged by these payment processors immediately and then we receive the remainder in our accounts once the payment is processed. Then we give that remainder to you without any additional Passionfruit fees.
We don’t take this fee, it’s not up to us, and it’s honestly more than we make. Covering this fee would put us out of business! Take a look:
|Ad Price||Processing Fee|
You can see this would be insanely expensive for Passionfruit to pay on your behalf when we only charge $9 per month for unlimited usage.
Greedy as they may be, it’s just part of making money. Stores and shops all pay these fees in some way, and we all have to take it into account when pricing our products.
On the Passionfruit Spot setup, we show you quickly what the fee is and how much you’ll pocket with each sale. Use this little calculator so you’re always aware of what you’re making:
As usual, holler at me if you have any questions!