Seller Terms



Welcome again! We’re really glad you’re keen on becoming a seller with us. Let us quickly get you through our ' Seller Terms'. Please understand, as much as we value your creativity and hard work, we also value our buyers. Hence, abiding by these terms along with our “Terms of Service” and “Privacy Policy” is strictly mandatory and with your support we can achieve wonders.

 

WHAT IS NOT ACCEPTABLE HERE AT STOCKNOCK?

It’s NOT OKAY to use Stocknock services or products to submit, post, build, host or otherwise make available any content that may contain or provide access to links of third party websites or promote any of the contents that include the following:

1. Adult content: The content should not contain images or videos that contain nudity, sexual activity or any kind of commercial activity linked to making money from adult content such as pornography sites or escort services.

2. Exploitation of children: Any images or videos depicting children in a way that encourages or promotes wrong attention towards children are strictly prohibited.

3. Hate directing content: The content should not support or promote violence or discrimination against individuals based on race, ethnicity, religion, disability, age, gender, nationality, sexual orientation or gender identity.

4. Harassment: The content should not contain any form of harassment, offense or bullying against an individual or group of individuals.

5. Slander: The content should not contain any action or comment of making a false spoken statement damaging to a person's reputation.

6. Virus: The content should not contain viruses or other computer codes, files or programs which are designed to limit or destroy the functionality of other computer software or hardware.

7. Copyright and third party intellectual property: Using the Stocknock site, products or services in violation of the copyright or other intellectual property rights of others or negatively impact or alter Stocknock services or products operation in any way is NOT acceptable, and is illegal, plus punishable by law.

 

HOW TO BECOME A SELLER?

Becoming a seller with Stocknock is really easy. We appreciate and encourage you to sell your forms of creativity with us. Before you move ahead, make sure you’ve accepted our terms and conditions. The ‘Seller Terms’ govern the rights and obligations of sellers to us and the buyers using Stocknock Market. By agreeing to these terms, you make your products available to buyers.

1. Sign up and Upload: Becoming a Seller with us and putting your products up on the Stocknock Market is free. All you have to do is sign up and agree to the ‘Seller Terms”. You then can go ahead and upload your products.

2. Review Process: Once your products clear the review process conducted by our Creative Team, they are published on our site for sale. Our Creative Team ensures to review your products within 24-72 hours and get back to you. In case of any irrelevant, unacceptable or products which do not meet the required standards are found, actions like possible kickback, constructive feedback  or worst case scenario- rejection will be taken against the product.

3. License: When you upload your product for sale, you’re making your product available to any random buyer to use that particular product under certain conditions which includes a license directly to the buyer to use that product under the relevant license options that we have set.

4. Product Support: You can choose whether or not to add support against your product. If you choose to support your product, this will include a support period where the buyer will seek help from you in areas where he or she needs assistance. Buyers can buy support extensions on these products provided you avail the option against your product.

5. Currency conversions: Whenever we make a payment to you as a Seller, you are responsible for all costs of converting the amount of the payment from US dollars into your preferred currency. Your financial institution does the currency conversion and may charge you additional fees (we don’t control either the conversion rates or your financial institution’s fees).

 

Price breakdown of a product on Stocknock Market:

**Product Selling Price = Seller Cost Price (including 18% GST)

**Product Selling Price = Seller Pockets (70% of total profit - 3% processing fee) + Stocknock Earns (30% of profit – 18% GST on our profit – Handling charges)

TERMS AND DEFINITIONS:

1. GST: Goods and Services Tax India.

2. Product Selling Price: the final price reflected on our site for sale.

3. Seller Cost Price: price of the product quoted by seller excluding taxes.

4. Seller Pockets: profit earned by seller on each product.

5. Processing Fee: the rate that you pay to process credit transaction to your account changed by payment gateway (**subject to change).

6. Service and Maintenance Charges: cost of site management, maintenance, developments and services served.

7. Product price for Buyers: The product price is based on a license the seller chooses, and if relevant the product support fee against the products availing the same.

8. Handling charges: The total checkout price includes a handling fee like payment processing fees, communication services cost of site management, maintenance, developments and other services served.

 

Seller warranties and responsibilities to us and the buyers:

1. The product abide by the ‘Seller Terms’ (What is not acceptable here at Stocknock?) and fit for the purpose for which it is sold;

2. The product sold to the buyer matches the description given by you on the product previews;

3. You will honor any personal warranties given to buyers while buying your products that are not under Stocknock Market Terms;

4. You have rights to license your product on the terms of the applicable license;

5. The buyer's use of that product in accordance with the terms of the applicable license does not contravene the intellectual property rights of someone else;

6. Where relevant, you have the appropriate model or property release for your product and you can produce a copy of that model or property release when requested by us or a buyer of your product;

 

HOW MUCH WILL YOU POCKET?

You put in a lot of effort, time and hard work to create amazing products, and we believe you deserve more from each sale. That’s why you’ll get a 70% flat profit (please refer to Price Breakdown mentioned above) of the revenue made from each sale of your products under any category. We in fact use our cut to take care of the credit card processing fees and marketing expenses that help you make more money.

 

QUESTIONS?

Please feel free to inbox us your queries: