Starting with Showcase #4 the registration fee is being reduced from $150 to $75 while still letting you list up to 60 items. On top of that, Harvest level Premium Services subscribers will have their registration fees waived. There will be no additional charges if  you do not make a sale – There is only a small commission charged on the basis of what you have sold.

A major advantage of this commission model over the usual stand rental model is a significant reduction in exhibitor risk. Before, a dealer who wants to sell a large number of books would be vulnerable to a large loss if those books did not find any interested buyers. With the commission model, however, the exhibitor will avoid a large loss even if he sells little or nothing.

A cautious exhibitor will also have an incentive to offer the kind of items that are expected to have a large number of potential buyers in areas of wide and established interest.  An exhibitor with unusual items outside the typical areas of collector interest will, on the other hand, be more inclined to offer their most unusual items if it costs them little or nothing when an item doesn’t sell.

• After a showcase closes each successful exhibitor will receive a sales report listing all the items that they have sold and all the commissions that are due for those items.
• Items that have been sold during the showcase using our checkout process will automatically be marked as sold in search results.
• Items that are sold externally during the live showcase should be marked as sold in the exhibitor’s dashboard as soon as possible. They will be treated as available for purchase until marked as sold online.
• Any displayed item that is purchased anywhere during the period of the live showcase will be treated as having been sold during the showcase, or as a result of interest generated by the showcase, regardless of where, how, or to whom a payment was made.
• An exhibitor making an external sale should mark the item on his dashboard as sold or reserved before confirming the purchase to the buyer. This will avoid a duplicate sale of an item that has already been purchased using the built-in  showcase checkout.
• If an item is reserved but the purchase has not been completed before the showcase has closed  then the exhibitor will receive a separate pro-forma invoice which lists any reserved items that were not marked as sold while the showcase was still live. The exhibitor then confirms any reserved items that were sold and will be charged a commission on their sale.
• When an item has been put on reserve the full description, including price, will remain visible to everyone. The only way to conceal the price of an item is to buy it. This can be done internally using the check out function, or externally, in which case the exhibitor must mark the item as sold in his dashboard. In either case an eventual purchase, either internal or external, will generate a commission for viaLibri and the item will not re-appear for sale.
• An item deleted at any time before the opening of the showcase will not generate a commission. However, any showcased item that is deleted after the opening will be treated as sold and will generate a commission.  The intent is that all items shown in a showcase must be available for purchase when the event goes live.  Privately quoted items, preview lists and incidental sales that are sold externally are welcome and will not be charged a commission, provided they have been deleted and removed before the showcase opens. If they are sold but not removed a commission will still be charged.

How Are Showcase Commissions Calculated?

Commission rates are calculated per item using 5 separate brackets ranging from 4% to 10% depending on the listed price of each item. These brackets are shown below:

• $0 – $100 – $10 (This is a flat rate rather than a percentage.)
• $100 – $500 – 8%
• $500 – $2,000 – 6%
• $2,000 – $20,000 – 5%
• Over $20,000 – 4%

The percentage is applied to the portion of the item’s price that falls within that bracket. For example, an item costing $1,600 would have a commission calculated like this:

• $10 for the portion of the price falling in the $0 – $100 bracket: $10
• 8% of the portion of the price that falls within the $100 – $500 bracket: 8% of $400 = $32
• 6% of the portion of the price that falls within the $500 – $2,000 bracket: 6% of $1,100 = $66
• Total: $108

Prices listed in other currencies will have their commission calculated using the USD equivalent of their price, using the current exchange rate.