Vendor service fees
GigSalad applies a small fee to every booking made through our site. We collect this fee in order to cover costs associated with taking credit card payments, distributing deposits and balances, and general maintenance to the site so it remains safe and easy to use for both you and the client.
Note: Service fees are only applied when a booking is confirmed and payment is made by the client. You will never be charged for receiving leads or sending quotes.
The service fee for free members is 5%.
The service fee for paid members is 2.5%.
The client will pay your total fee (deposit and balance) at the time of booking, plus their own service fee. We will send their payment to you in two separate installments. The deposit amount you request will be paid out in advance, but the balance will be held by GigSalad and sent to you one business day after the event. (Read more about payouts.)
The service fee is applied to your total booking price but will be split between your two payouts, with a portion being taken from each. For example, if you're a free member and you book a gig for a total of $300, your 5% service fee will be $15. If you requested a $100 deposit, then we'll take a $5 (5% of $100) service fee out and send you $95. Then, when we send you the remaining balance of $200 after the event, we'll take a $10 (5% of $200) service fee out and send you $190. We do it this way to make sure both you and GigSalad are paid fairly.
Frequently asked questions:
- Are there minimum amounts for the service fee?
Not anymore! Minimum fees create a disproportionate structure for our members and a higher percentage fee for bookings under $300. So, any quotes sent after June 6, 2017 will not have a minimum fee.
- Can I choose who pays the service fee?
That used to be how it worked, but as of June 6, 2017 we introduced a new fee structure. This new structure takes a service fee from your deposit and balance payment and charges a separate service fee to the client at the time of booking. This structure is more aligned with standard marketplace practices.
- Why do I have to pay fees for both a membership and my bookings?
These fees serve two different purposes. If you choose to have a paid membership, you are paying to increase your exposure, get more features for your PromoKit, and have unrestricted communication. The service fee is to cover the cost associated with collecting and distributing payments and general maintenance to the platform. For paid members, the 2.5% fee is lower than most other popular processing solutions.