Reverb Payout Calculator

The Reverb Payout Calculator is designed to help sellers on Reverb accurately calculate their net earnings after accounting for platform fees and payment processing charges.

How It Works

Reverb charges a percentage fee for each sale, typically around 5%, and payment processors add an additional fee, usually around 2.9%. The calculator takes these fees into account and provides the final payout amount based on the sale price.

Calculation Formula

The formula used is:

\[ \text{Net Payout} = \text{Sale Price} \times \left(1 - \frac{\text{Reverb Fee} + \text{Payment Processing Fee}}{100}\right) \]

Example Calculation

If you sell an item for $100 with a Reverb fee of 5% and a payment processing fee of 2.9%, the net payout will be:

\[ \text{Net Payout} = 100 \times \left(1 - \frac{5 + 2.9}{100}\right) = 100 \times 0.921 = 92.10 \text{ dollars} \]

This tool is essential for sellers looking to understand their actual earnings after fees, allowing for better financial planning and pricing strategies.