How do Marketplace offers work?

Offers are a way for sellers to make an informed decision on who to sell the item to, and for buyers to have a better chance at buying the item. This may include information like price of the offer, but also the strength of the buyer's artist profile of followers on Spotify.

As a Seller:

When publishing an item on Marketplace, you set the minimum offer price, which only allows offers above that price to be placed. 

As a Buyer:

You set the offer price, including the royalties. You enter into an agreement when you are making the offer. If the Seller accepts the offer, the price and royalty split is all put into the agreement.

The fields that you can fill out when you make an offer are:

1. Price -> How much you are offering to buy the item for

2. Royalty split -> Your suggested royalty split