Why Sell on MMM

Selling on Mike’s Music Market ?

 

Our selling fee is only 3% ~No added bump or promoting fees~

 

Easy Set up for Shipping by range, you can go by weights or price points here is a link to a how to youtube video to help you set the shipping up. If you need help just contact us and we will be glad to help set it up for you.

 

https://www.youtube.com/watch?v=Q3wSBNUVyDg

 

Listing your items is always free and easy whether you are listing one item or 500 items at a time with our bulk uploading system. You pay only when your item sells. We will be happy to help you upload your bulk lisitings.

 

Sellers and Buyers must be located in the USA:

No worries or hassles of shipping items out of the country

No worries or hassles of buying from sellers out of the country

 

Payment Protection through PayPal one of the most trusted online payment processors.  PayPal is the faster, safer way to send money, make an online payment, receive money or set up a merchant account.  All sellers must acquire a PayPal account, if you do not already have one.  Setting up an account is fast, free and easy. Payouts go directly into the sellers PayPal account: A Payment Processing Fee of 3% will be deduct by PayPal at time of payout which will be within 7 days after entering the shipping tracking number.

https://www.paypal.com/us/home

 

With PayPal, buyers can use one of the following payment methods:

  • Their bank account
  • Their Visa, MasterCard, Discover or American Express card
  • If they have a PayPal Cash or PayPal Cash Plus account, they can also use their balance or finance through paypal.

All items must be described to the best of the seller’s knowledge.  The seller  is solely responsible to accurately describe the item including any issues.  The seller must include at least one actual image of the item for sale, (not a stock photo) 

 

Once the payment has cleared the seller has 3 business days to ship the item and provide a tracking number.  Follow the packing requirements of the shipping company you are using and any item over 500.00 should include insurance and signature required.  You can find the packing requirements at your shipper’s website.

 

Collecting State Sales Tax:

State Sales Taxes that are collected & remitted by Mike’s Music Market

Mike’s Music Market is legally required to collect and remit taxes for these Marketplace Facilitator states:

Alabama                                Nevada

Alaska                                   New Jersey

Arizona                                 New Mexico

Arkansas                               New York

California                              North Carolina

Colorado                               North Dakota

Connecticut                           Ohio     

District of Columbia             Oklahoma

Georgia                                 Pennsylvania

Hawaii                                  Rhode Island

Idaho                                     South Carolina

Illinois                                   South Dakota

Indiana                                  Tennessee

Iowa                                      Texas

Kentucky                               Utah

Louisiana                              Vermont

Maine                                    Virginia

Maryland                               Washington

Massachusetts                        West Virginia

Michigan                                Wisconsin

Minnesota                               Wyoming

Mississippi

Nebraska

Understanding Your Form 1099-K

Form 1099-K, Payment Card and Third Party Network Transactions, is an IRS information return used to report certain payment transactions to improve voluntary tax compliance.  You should receive Form 1099-K by January 31st if, in the prior calendar year, you received payments:

  • from payment card transactions (e.g., debit, credit or stored-value cards), and/or
  • in settlement of third-party payment network transactions above the minimum reporting thresholds of –
    • gross payments that exceed $20,000, AND
    • more than 200 such transactions

For more information go to irs.gov or just click the link below

https://www.irs.gov/businesses/understanding-your-form-1099-k

I agree to the seller’s terms of Mikes Music Market