MySkatingMall.com has always been committed to 5% of every purchase raising funds for skating clubs and teams. That has been a foundational principle since the inception of MySkatingMall.com.
But what if 5% is not enough? What if the group really needs to raise more money and its members are committed to that goal? What else can we do? Drum roll please………….
With each item that an individual lists on MySkatingMall.com, that person will be able to choose the percentage of the sale that will be given to his or her club/team. Let me explain: The standard percentage that is received by the group for the purchase or sale of an item listed by one of its members is 2.5%. (2.5% also goes to the club/team of the other person involved in the transaction.) We will have a drop down menu so that 2.5% through 90% can be automatically forwarded to the PayPal account of the seller’s club or team upon the sale of the item.
For example, a Synchro team gets five of its members to each list a $50 skating dress and choose 90% of the proceeds to go to the team. If all 5 of those dresses sell, the team will have $225 in its PayPal account!
The group can access the proceeds as soon as they want after the sale since the transfers are instantaneous. If an item is returned, any return of funds will be handled under PayPals terms for purchases between a seller and buyer. Since the club/team received the proceeds, it will also be subject to Paypal’s refund process.
Please help us get this great news out to the skating community!!!
Tags: Fundraising for skating clubs, Fundraising for syncro teams, Fundraising for theater on ice teams, Myskatingmall.com blog, news, skating clubs, skating outfits, Syncronized skating, Theater on Ice