Please find the definition of our Pricing Rules as stated in the Contract Agreement.
1. Maximum Sale Price:
This is Style Theory’s recommended selling price based on the item's condition, style, and current secondhand market value. This is the amount your item will be listed for during the first 90 days, not inclusive of Payment Processing Fees.
2. Discounted Sale Price:
For items under Sales Consignment that remain unsold after 90 days, Style Theory reserves the right to apply a further discount of up to 15% from the Maximum Sale Price.
3. Minimum Sale Price:
The Minimum Sale Price enables you to offer additional discounts of above 15% if the item is not sold within 90 days without notice. You may set a price that is lower than the Discounted Sale Price under the Minimum Sale Price field if you wish to apply a further markdown for your bag if it remains unsold beyond a 90 day period.
If you indicate a price higher than the Discounted Sale Price, Style Theory will take the lower of the two.
Effective 21 April 2022, items Consigned under Sales Consignment will be listed on our selling platform (Second Edit) based on the item's Listing Price.
The Listing Price is the amount that your item will be listed for sale on our platform which includes
an additional 3.5% Payment Processing Fee on top of the Selling Price. Example: If the Maximum Selling Price of
your item is $1,000, the Listing Price will be $1,000 x 3.5% = $1,035.