Business vs personal accounts
What is the difference between personal and business accounts*?
The main difference is that a business account can make direct sales through cocolsiting.com*
You can add a " BUY " button to each listing from a business account, connect your account to the STRIPE or PAYPAL payment system ( directly your own account in the STRIPE or PAYPAL systems), and receive money from buyers or clients. Also, a business user can use cash payment and accept money from the buyer during the delivery of goods or the provision of services.
The BUY button will be very convenient for businesses who would like to receive prepayment for goods or services in advance in order to avoid unnecessary costs in case of canceling a purchase at the last moment.
The administration of COCOLISTING.com checks each registered business account more carefully, which reduces the likelihood of fraud. You can read more about the responsibility of the marketplace in our T&C.
Listings published on behalf of personal accounts do not have a " BUY " button and the buyer can only send a message to the seller. You can pay for a product or service only at a personal meeting. This account is suitable for those who, for example, sell used personal items or provide just one service.
A business user can manage orders through a convenient interface, changing the status to " order in processing", " shipped ", "delivered " and so on. The buyer will receive appropriate notifications in his mailbox.
Business users get the opportunity to publish all their offers on a separate business page with a company logo and full contact details. So your company gets an instant online listing of all your goods and services. Also, any business listing will be accompanied by other offers from the same business account, while offers published on behalf of personal accounts are accompanied by similar offers from other personal and business accounts.
COCOLISTING.COM charges a small commission for each successful sale. There are three types of business accounts - free for the first 12 months, STANDARD and UNLIMITED. The higher the account level, the lower the commission for each successful sale, and the cheaper the cost of additional services such as bouncing an ad up, highlighting, and increasing the size.
HOW MUCH WILL THE SALE COST
If the seller accepts money through payment systems such as STRIPE or PAYPAL, each sale will cost from 6% to 10% including the commission of the payment system and COCOLISTING.COM. Usually, the payment system commission for accepting money through credit cards ranges from 3% to 4.5%. On the one hand, these are small losses, but on the other hand, this is a payment for convenience, a guarantee of receiving money, which will help to avoid losses and conflicts during the receipt of goods or services or delays in payment.
* It is not our responsibility to check the registration of a business as a legal entity, issued in accordance with the laws of the country where services are provided or goods are sold. A business account is just a different form of account that gives you more sales opportunities and is optimized to work more efficiently. Responsibility for compliance with local laws, payment of tax, record keeping, etc. lies entirely with the owner of the account.