Understanding Ticket Tailor’s Fee Structure: Ticket Tailor Fees
Ticket Tailor charges fees for each ticket sold through their platform. These fees are designed to cover the costs of providing the service and ensure its continued operation. It’s essential to understand these fees to accurately calculate your event’s overall costs and set ticket prices accordingly.
Percentage-Based Fee, Ticket tailor fees
Ticket Tailor charges a percentage-based fee on each ticket sold. This percentage is typically a fixed rate, and it’s applied to the ticket price before any additional fees.
The percentage-based fee is calculated as: (Ticket Price * Percentage Fee) / 100
For example, if the percentage-based fee is 3% and the ticket price is $20, the percentage-based fee would be $0.60.
Fixed Transaction Fee
In addition to the percentage-based fee, Ticket Tailor also charges a fixed transaction fee per ticket. This fee is a constant amount, regardless of the ticket price.
The fixed transaction fee is a set amount per ticket.
The fixed transaction fee is typically a small amount, such as $0.50 or $1.00. This fee helps cover the processing costs associated with each transaction. The impact of the fixed transaction fee on different ticket prices is significant. For lower-priced tickets, the fixed transaction fee can represent a larger percentage of the overall cost, while for higher-priced tickets, the fixed transaction fee is a smaller proportion of the overall cost.
Additional Fees
Ticket Tailor may charge additional fees for specific event features, such as:
- Custom Event Website: Ticket Tailor offers the option to create a custom event website. This feature may incur an additional fee.
- Advanced Ticketing Options: Some advanced ticketing options, such as dynamic pricing or tiered ticketing, may involve additional fees.
- Payment Gateway Fees: Depending on the chosen payment gateway, there may be additional fees associated with processing payments.
It’s crucial to carefully review the pricing details on Ticket Tailor’s website or contact their support team to get specific information about potential additional fees for your event.
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