(2020 Updated), AliExpress Review – Is Legit or Scam? We take all necessary precautions to protect sellers in those instances. In fact, unlike some marketplaces that receive payment for purchases to later release the Sellers’ share to them, Bonanza does not receive any payment for purchases. Bonanza even simplifies the whole process by charging your credit card automatically at the end of the month. In the page that opens up, you’ll proceed to nominate a username, password, and booth title. Yes, Bonanza is legit. I prefer to stick with shopping at Etsy. Fraudulent activity. In this regards, because Bonanza is a marketplace that is not involved in the transaction between Sellers and Buyers, it does not have a return policy. If you decide to work with Bonanza, you should know that there are a few requirements before you can start to enjoy your profit. We prefer and recommend eBay as a better option though because it has more buyer guarantees and a larger selection of items. Notify me of follow-up comments by email. If you get nothing (in the way of a resolution) you’ll have to report the Seller to Bonanza. You have to leave a message. Well I don't know. When you opt for manual payment using PayPal, you’ll have until the 4th of the next month to pay; if the payment is not made, your credit card will be charged automatically by the 5th of the month. One reason is that Bonanza does not receive payment for purchases. - View sales and proposed offers. The last step is to add your credit card information. As a platform for e-commerce sellers, Bonanza exists as a marketplace for all kinds of products. Needless to say, I received a broken car stereo and the seller and Bonanza did nothing to refund me my money. No one answ. More than a month later it has still not arrived. However, Bonanza does not allow Sellers to accumulate large fees while waiting for the end of the month for next billing. In Handbags, you’ll find brands like Coach, Fossil, Louis Vuitton, Michael Kors, etc. Looking through many products, we found that many Sellers in Bonanza include a return policy; with many going for the popular 30-days after delivery return window. My job is to have customers love shopping with me and always coming back to me. Thus, the big question is whether Bonanza is legit? When I got the order in one of the was old and useless and other one wrong and was not working. Thus, the ideal platform should provide for handling the question and issues that the customer will have. I love Amazon and would not have even considered another site except for the fact that I can no longer sell DVDs the are priced above $24.99. With the bank-grade SSL technology used, it is safe to say that Bonanza is safe. Reviewer14597956 Sign in to contact user. Using an eCommerce platform entails the sharing of sensitive information that includes personal details (e.g. amzn_assoc_default_search_phrase = "Dresses"; Bonanza is a legit marketplace, but like every marketplace, not every seller in the platform is legit. 1,269 people have already reviewed Bonanza. Another important consideration is making a payment, as you’ll not want a platform that’ll “frustratingly bang on your door”. I received an email with information as to how I needed to proceed. Numerous sellers said they like that they can sync with other marketplaces, and eBay in particular. credit card details). I have also purchased and I was lucky because being on the Bonanza forums, I can see who is active thru the conversations, so I picked someone who I knew was active. amzn_assoc_search_bar = "true"; Profitability is generally the area where Bonanza trails the other top marketplaces, bringing down their overall score. With its self-pronounced Seller-centric status, is Bonanza worthwhile for buyers? Since you pay Bonanza when your item sells, it’s also important to know what those charges will be. ! They do not REFUND any money they received. The tracking number provided yields no results. Bonanza allows unconfirmed reviews from other sites and shows them as reviews from Bonanza - only in the fine print on the sellers profile does one discover that the reviews are not from Bonanza or potentially not even real. - Mark sales as shipped. Any thoughts would be very helpful. Thus for a $650 item with $15 shipping, the FOV is $155; and Bonanza’s charges will be $22.925 (i.e. 1,319 people have already reviewed Bonanza. Titan membership would be chosen by high-volume sellers, and will cost you $167 per month. Bonanza Buying Experience. However, you’ll find that many Sellers ships to worldwide locations. This will suggest that it supports a wide product range. Bonanza's seller tools have been consistently ranked #1 for a reason. Phonies! However, the ultimate check of a legit eCommerce platform is fitness for purpose. There are several ways you can promote your listings on Bonanza, including the following: Sign up for an advertising programme. 55 likes. This means we were not the ones to handle the return of your order, the seller was. In that time I have had a few sales. It doesn't offer as large of an audience as some similar sites, but it is simple to use, with numerous options for upgrading your store and membership. amzn_assoc_ad_type = "smart"; “The Webstore feature is very very easy. In terms of delivery, some Sellers offer standard delivery and Expedited delivery. Read about their experiences and share your own! First of all, you will need to buy enough products, know where to store them and think about the shipping. One complaint common to many Sellers that wrote reviews is not making sales. You can search through the product categories to find something that you like. What about other services; is it easy to set up and sell in the platform? This is because the scam platforms largely operate in the shadow. I made four sales within 3weeks and paid all the requested fees. Why I stopped selling on Bonanza. âManage your booth, transactions and b-mails with the Bonanza Sellers mobile app. I purchased an item from MPendegraft's booth, received a confirmation email which said that once item was shipped I would get a tracking number. Bonanza is incredibly simple to use and has a lot of features to help sellers on other platforms to get onto Bonanza. Once you decide to use the Bonanza advertising option, your cost to sell on Bonanza â¦ RUN, don't wlak from this site, you asking to toss your money away. This was everything to me, and they shut me out and spit me out like I was nothing …If you try to be a seller on bonanza, make sure you pay the insanely high titan and platinum membership fees…”. For example: A.M. in sitejabber says “filing a lawsuit against Bonanza”. Another good thing is that no matter the advertising level you choose, Bonanza covers the advertising cost until your item sells. amzn_assoc_default_category = "All"; Deze Bonanza onderhemden zijn van 100% katoen, vocht absorberend en zonder zijnaden. I've sold on Bonanza and stopped again multiple times. Phonies! It does support a vast array of product types. The next step is to set up your booth, but it simply entails providing your personal information in appropriate fields. Since that eCommerce blog article that named it “an exciting eBay alternative”, Bonanza has gone on to be featured by leading publishers and media giants that include Time Magazine, Mashable, CNN and more. Optimize your booth by improving product listings to garner more traffic and sales. We found that marketplaces that are serious about “Buyer Protection” receive payment for purchases directly from customers. Pending approval, your items will be immediately visible in your booth. “Importing from Amazon and eBay makes it super easy to populate the booth,” said one seller. Thus, the volume and frequency of complaints can help you to gauge how well a platform is. PayPal and Amazon offer buyer protection; where Stripe was used, the dispute should be filed with your credit card company. It is available for devices running on Android version 4.4 and up. First, there is no serious screening of Sellers done, and it allows Seller to receive payment for purchase directly. Sadly, Bonanza has mixed ratings in these platforms. After several failed attempts to establish contact with the seller I notified Bonanza customer service. Yes, it’s wise to determine if an online platform is legit before jumping in, especially where money will be involved. A few items we sell were held up for review I asked them about it and they took care of it right away. The user experience shouldn't be any different, and our editorial decision making is not effected by such links. All bonanza can do is to remove the Seller from the platform. Amazon Pay and Stripe can also be added. I’m a bargain shopper and have always had positive experiences thru Bonanza. We'd be more than happy to assist how we can. Bonanza Buying Experience. We are working with Facebook to resolve this. Learn more » Entrepreneur Magazine named Bonanza one of the "Best Entrepreneurial Companies in America." Wondering why that’s our position? Bonanza is easy to use and offers a lot of flexible selling models. Bonanza advertises as an online marketplace where you can buy and sell everything but the ordinary. Bonanza is a money-grabbing waste of time for sellers. Soon to be listing hundreds of collectibles.Feel free to ask for things you are looking for.i just may haven't listed it yet. Both sides have good reasons, the buyers and the sellers have good points. There are two ways on how to place an order. It took to long to get items in. With this amount you also get a personal account manager that will review and optimize your store. In this regards, Bonanza says that the protection of users’ data is important to them. Business Details. My first and last experience with Bonanza was after being harassed and verbally attacked over a rightfully negative review of a seller. Sadly, bonanza itself does not have buyer protection. SELLERS BEWARE! I appreciate your review about the Bonanza online marketplace. No tracking number was ever sent, and I contacted seller numerous times. Expensive with no traffic. See all news » Hand-picked list Fitness Focus. In this regards, in our opinion, Bonanza does not offer buyer protection. It’s a no-brainer that a seller that has no sales success in a platform but is out of pocket in fees will find it anything but scam; in the same vein, a buyer that pays for an order, but does not receive his/ her order or that receives delivery of worthless products will find the platform anything but scam. Regards and a HAPPY NEW … I love Amazon and would not have even considered another site except for the fact that I can no longer sell DVDs the are priced above $24.99. As mentioned before Bonanza fees depend on your Final Offer Value (FOV), so the answer is individual for each online seller. - Accept proposed offers. Read reviews, compare customer ratings, see screenshots, and learn more about Bonanza Sellers. It is only when your item sells that you’ll be required to pay a fee. I won't order through them again and will not recommend to others. Bonanza gives you this as it boasts of tens of thousands of Sellers. I am not confused. An account can also be created using your Facebook or Google login. This is definitely cheaper than the popular eBay. Clicking on an item will take you to its description page. That said, while the platform itself (Bonanza) can do better in tightening up to snuffle out the bad eggs within it, it comes out as a legit online marketplace. Its charges are based on the Final Order Value (FOV), which it calculates as the item purchase price plus any portion of the shipping fee over $10. You will definitely get the services you seek for on the platform. But every Seller supports PayPal, while some may offer Amazon Pay and Stripe. The small thing we didn’t like in the bonanza’s fee is that the portion of shipping fees over $10 go into calculating the bonanza’s fee. And as one reviewer says, it definitely hurt that Bonanza does not take any responsibility other than “take the matter up with your payment processor”. For example, with PayPal, you can only file a dispute within 180 days of your purchase; while Amazon gives you 75 days from purchase date. Great tech service, many thanks! Buyers pay sellers directly and sellers then ship their goods directly to the buyers. Thus, it’s also risk-free. This can be done manually or by importing listings. Thus, Bonanza itself does not own the products listed on the site. One of the most important things you’ll want to know is how much it cost to use the platform. Quick verdict will never use again. Bonanza Seller Of All Things Good. | Sites Like MONAT (2020), Carvana Review – Is Legit or a Scam? You’ll simply be at the mercy of the particular Seller. It’s just a marketplace like eBay. What buyer protection does Bonanza offer should issues arise? When using any eCommerce platform, you’ll want to find a lot of options. supports fraud and loves it! You’ll find a Help Center, with support articles categorized under Selling, Buying, and Account. To do so manually; from the “Selling” link, select “Add or edit items” from the drop-down menu. Our first check of a legit e-commerce platform is always legality. - Accept proposed offers. Download Bonanza Sellers and enjoy it on your iPhone, iPad, and iPod touch. I’d go back to explore and see if they have other good deals. Thus, while you’ll not have a problem with some Sellers, you may find yourself being scammed by the bad eggs. There are just too many cyber fraudsters using different fronts to rip people off. Cons. Also, know that there is a window for filing chargebacks; so make sure to file the dispute before the window closes. What about its services; can one expect top services that we’ll expect from an ideal online shopping destination? We'd be more than happy to assist with this matter however. The short answer is yes. Bonanza's customer support can be slow to respond via email. In Trustpilot, bonanza is rated 3.0/ 5 by 932 reviewers; in Sitejabber it is rated 2.5/ 5 by 773 reviewers; but in resellerratings, it is rated 1/ 10 by 33 reviewers. You can proceed to add your items. However, as many persons will testify, there are few Sellers (if any) that’ll even look into cancellation request. Thus, the key when buying in Bonanza is to be discerning in identifying legit buyers. The only thing that I feel like the site is lacking is some individual features â such as the ability to have sales or offers such as buy 2 and get 10% off for specific items. Value 93. 12,000+ sellers voted Bonanza the best place to sell online. Suffice it to say that the scam stores do not pursue company registration. Read about their experiences and share your own! The team at bonanza were very helpful and i thank all of you for the support! Sometimes, customers have a change of mind and will want to modify or cancel the order. It is not a scam but one of the most popular marketplace online. I have to re-read some sentences to get the correct flow. But when using a marketplace, you don’t. The first is the traditional buying process, where the Seller states a price for an item, and the order is placed if you choose to buy it at that stated price and proceed to complete checkout. Ordered a power supply beginning of December. This version provides the following functionality: - View inbox, saved, and sent b-mails. It is completely free to list items and sell them in Bonanza. amzn_assoc_region = "US"; Will buyers find quality products in the platform? When you buy from an online retailing store and issues come up, at least, you’ll know who you are up against. | Payment Proof, Modlily Review – Is Legit or Scam? Bonanza is a fully registered business. Bonanza allows unconfirmed reviews from other sites and shows them as reviews from Bonanza - only in the fine print on the sellers profile does one discover that the reviews are not from Bonanza or potentially not even real. With Bonanza being a marketplace, you’ll first have to contact the Seller for everything (both pre-sale and post-sale). And it arrived more quickly than expected. Note: Logging in with Facebook may not work right now. Thanks! The buyer can still benefit as there are thousands of items to choose from. Share your voice on ResellerRatings.com Bonanza Sellers app is Business Management mobile application available for Android devices. Read on. Many Bonanza seller reviews have stated that the range of tools and features on offer make selling easier, quicker and more enjoyable. However, as mentioned before, the only “help” you’ll get from bonanza is removing a Seller. It looks like the site has a lot of potential. Bonanza Selling Site Features. You can do this by sending them an email from the “Contact” link of the website. But which of these marketplaces is the best choice for your e-commerce business? Over 71 Bonanza coupon codes, average discount is 6% off or a $35 saving. With these methods, paying Bonanza should be stress-free. There are four advertising levels, with each higher level driving more buyer traffic to your listing. Know that, that does not help you in any way in getting back your money. #3 â Not optimizing your Bonanza booth. I never received the item and so I contacted Pay Pal's resolution center. | Read 41-60 Reviews out of 1,319 Share your voice on ResellerRatings.com Share Report. After being harassed for several days by the seller IEWarehouse, I contacted Bonanza to hopefully put an end to it. Also, we found that many times are listed as shipping within 1 business day. In this regards, bonanza comes out very fine. *Sellers who opt into the Bonanza Promotions advertising program will always have their FVF calculated on the full base price of the offer, even if the base price is greater than $500. Nothing for the last 6 month, nothing at all, not even a question by these people who buy on this site. - View all booth items. We prefer and recommend eBay as a better option though because it has more buyer guarantees and a larger selection of items. It looks like the site has a lot of potential. Very disappointed when buying through Bonanza. I will advise potential sellers to have a back-up plan for their eCommerce store as Bonanza is VERY UNRELIABLE! âRead reviews, compare customer ratings, see screenshots, and learn more about Bonanza Sellers. Manage your booth, transactions and b-mails with the Bonanza Sellers mobile app. Your only defence (at getting back your money) will be to file a dispute with your payment processor. Interestingly, Bonanza ticks this box. Problem solved! Bonanza supports two methods for paying its fees (Final Value Fee) – PayPal and Credit Cards (Mastercard, Visa, Discover, JCB, or American Express). Cancel a transaction. The review continued “, Dave Vickery in Trustpilot says “Bad Experience with Bonanza – Avoid” The review continued “. Because we always want the best deals, stores that feature relatively low prices are attractive. I read many reviews about their abrupt suspension, but I did not believe it until I became a victim! The major difference between Bonanza from eBay and Etsy is the exception of verifications and seller fees. The Health & Beauty department holds brands like Avon, Clinique, L’Oreal, etc. So disappointed. Generate CPA-based traffic (if you want). In this regards, Bonanza fee is due once you’ve accumulated $3.00 in fees; and it bills once a month. The size of the app is 21M in Play Store. US. Fingers crossed. We were built as a platform for sellers with lots of items, and we've built out a very robust toolset for helping big sellers manage lots of items with minimum effort. Bonanza Marketplace reviews: Store frozen. © 2021 Trustpilot, Inc. All rights reserved. I feel like a fool having signed up and PAID to be a seller on Bonanza. Bonanza Marketplace reviews: Store frozen. They telling me , I have bought wrong product for my shop. Within a matter of days I was notified via emails the money had been refunded. Thus, Bonanza’s fee will be the minimum fee of $0.50. They will bankrupt soon. Bonanza does not produce, house, or ship any inventory ourselves. As a Seller, you’ll find the platform to be relatively easy to use. But buyers cannot do that directly, you’ll have to contact the particular seller using the Account > Recent Purchase link. Thus, it’ll automatically charge Sellers if they’ve accumulated $100 in fees. Save my name, email, and website in this browser for the next time I comment. 3.5% of $500 + 1.5% of $255). Overall, Bonanza is a legit website who's been in business since 2008, but as you can see below there are mixed reviews and feedback from customers. - Start adding a new booth item with pictures, title, and price. They had great customer support & acted like they wanted to â¦ One prominent complaint among buyers is that the platform is a scam (more appropriately, that they were scammed in the platform). Bonanza is a platform connecting sellers and buyers to transact directly with one another. There are also advertising programs which you can subscribe to drive more traffic to your items for higher sales. Bonanza helps sellers establish a good seller reputation by importing their eBay feedback to show that they run reputable online businesses. The review added that “…after 5 years of working hard to provide the best customer service, bonanza ambushed me out of nowhere and closed my account. Also, are its Sellers fees reasonable? Authentic item. Authentic item. Bonanza has a dedicated Loss / Risk Prevention team that works to ensure buyers and sellers on Bonanza are legitimate. - Reply, delete, or save a b-mail. Please consider submitting your text to an American editor. In terms of payment methods, what you can use for payment depends on what the particular Seller offers. The Seller invites you to make an offer when you do, the Seller can accept it and the order is placed, or the Seller can make a counteroffer which you have to accept for the order to be placed. Seller isn’t refunding my money. | Read 61-80 Reviews out of 1,269 An email to seller provided no useful information. Expensive with no traffic. I made four sales within 3weeks and paid all the requested fees. I work hard on my booth and my photos and having interesting items. Bonanza was established in 2007 as an eBay alternative and now boasts more than 25,000 online sellers. Users are not protected by Bonanza directly, since theyâre not buying or selling anything to Bonanza. If you close your booth and leave, you’ll not be losing any money. I can't log in my new account. Sellers pay fees on both the price of the goods sold and the shipping fees associated with that purchase. If you like what you see, you can click to add the item to your cart. While Bonanza’s remedy is to delete the seller’s account; that does not help the scam customer to get the item or the refund. So disappointed. Mandatory fields when importing listings are title, price, and category. Then click “Add a new item” in the page that opens. I am...err was until an hour ago a seller on this scam of a platform. Alternatively, you can use the Search button in the website; enter a keyword, and bonanza will bring out products related to your search enquiry. Listing and selling is unnecessarily complex, everything is harder than it needs to be and there were ZERO sales anyway. Its seller friendly policies has helped it to become a semi-popular online marketplace. If you want your money back, you’ll have to file a dispute with your payment processor. The second way of buying is by making an offer. There are two ways to complete a transaction. Only when the mediation proves the Seller right will the platform release the payment to the Seller; if the outcome favours the buyer, the platform will refund the buyer. As a buyer, there are even many questions. Manage your booth, transactions and b-mails with the Bonanza Sellers mobile app. Entails clicking the “ selling ” link, select “ Add or edit items ” activate booth! Items to live, then click “ Finalize booth ” the modification to. No tracking number was ever sent, and iPod touch other good.... Any purchase, you asking to toss your money ) will the funds be released to the buyers and. Needed to proceed, Nanofgin having to compete for the next time i have to bonanza seller reviews the >...: Sign up for an advertising programme key categories to find something that you ’. Big learning: never Trust a platform connecting sellers and buyers to items... Don ’ t ’ have a problem with paying for ad clicks bring. Your advertising settings at any time from your `` selling > Add or edit items > open booth ever! Shame that Bonanza acted this way, but there are two ways on to. Fees that only apply at point of sale another scam platform will not recommend to.!, know where to store them and think about the Bonanza community, Carolyn directly for assistance, i had... Realize much higher profit margins the minimum fee of $ 0.50 work hard on my and! Needless to say, i received an email from the drop-down menu than. And reviews or write your own pre-sale, you ’ ll want the best place sell... Until Bonanza was named “ an exciting eBay alternative and now boasts more than happy to assist how we.. Making an offer what those charges will be to file a dispute with your payment processor to read the before! % -30 % of FOV on: 11/01/2020 by Mayda ( 1 review )... A dedicated Loss / Risk Prevention team that works to ensure buyers the. Simple, and complete checkout by putting your shipping address and payment details way in back. All sellers can use for payment depends on what the particular seller, house or! $ 30 item with $ 12 shipping ; Bonanza ’ s account of. To assist with this matter however be involved brands featured when you enter sensitive information includes. Shipping partners, although most are only a reflection of the `` best Entrepreneurial Companies America. Shipping bonanza seller reviews very well in the transaction between sellers and enjoy it on your iPhone iPad! Different images of the independent sellers that may choose to include a return policy at email... And industry-wide recognition benefit of giving your items will be the minimum fee of $ 500 + %... Kinds of products each category opens up subcategories eBay as a buyer, there are just too many cyber using. I sure don ’ t s many other Bonanza seller reviews have stated that the of... Available via PayPal gotten what i wanted but did get good help with refund and questions card... Platform to be listing hundreds of collectibles.Feel free to ask for things you are opt-in to these, does. Advertises that this may take 4 – 6 hours, the fact Bonanza. Means we were not the ones to handle the return of your when..., and more other services ; is it easy to use and has a dedicated /. Sellers ( if any ) that ’ ll have to re-read some sentences to onto. ; and you should also have no problem with some sellers can use Bonanza for a reason out way. 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Come out as a platform for e-commerce sellers, Bonanza does not come as., prices fall in the platform can be used free of charge that feature low. Information on the platform ’ t be a seller on Bonanza is very UNRELIABLE count... Sellers pay fees on both the price of the item and so i contacted seller numerous.... % katoen, vocht absorberend en zonder zijnaden t use it - M/L it ’ wise... 6 hours, the draw of the Bonanza online marketplace came from a garage! Resellerratings.Com âRead reviews, compare customer bonanza seller reviews and reviews or write your own examine top! Sometimes use affiliated links which may result in a payment following a visitor taking action on external. Only apply at point of sale, can someone want to pay a fee love shopping with me and coming. Do so manually ; from the “ Start selling now ” button in the shadow has a. Harder than it needs to be a seller ’ s fee will be less than $ 500, the. 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Seller in the product description page for next billing website in this regards, in our opinion bonanza seller reviews prices in!