Friday, April 16, 2010

Online Sales of Downloadable items

As far as we know, we are the first and only company to offer customizable stores to sell your downloadable files. The time has finally arrived!!!! Now you can sell your music,ebooks, ringtones and any other downloadable file you have the rights for. Downloadable sales are transacted a little differently then physical sales on our website and this article will hopefully help in explaining the differences. When you sell a physical good, you collect the money in your PayPal account and then remitt the money to IndieMart. Downloadable files work a little bit differently. When a downloadable file is sold from your site, for example a song you created, the transaction takes place on the IndieMart payment gateway. IndieMart holds the money for the merchants and remitts it to them after there is a balance of $25 or more owed to the merchant and only after the merchant requests IndieMart to do so. As a result of us processing all the transactions we are able to keep our fees very low for the sales of songs. If merchants were to sell songs for $1 and use their own payment gateway, they would be lucky to recieve 60 cents from that money. IndieMart only charges 15 cents per transaction and 5% of revenue. Compared to other sites that sell downloadable files, this is almost 1/3 of the price. Also these other sites don't give merchants their own URL or customizable site to sell from. This is truely a revolutionary moment in the selling of downloadable files on the net.