DESIGNER BAG EXCHANGE – TERMS OF USE AGREEMENT

This Terms of Use Agreement (“Agreement”) is a legally binding contract between you (“Designer” or “you”) and Designer Bag Exchange (“DBE,” “we,” “us,” or “our”). By using the Designer Bag Exchange platform, you agree to the terms and conditions outlined in this Agreement. Please read this Agreement carefully before using the platform.

  1. VIRTUAL SHOWROOM OPERATIONAL PROCEDURE:

1.1 Package Options

At Designer Bag Exchange, we provide designers with two exclusive package options tailored to your needs:

Option A: GOLD

  • Monthly Subscription: $900
    • Showcase up to 5 of your remarkable bags.
    • Experience the standard showroom benefits, including item pulling.
  • 3-Month Term Subscription: $2,300
    • Showcase up to 10 exquisite bags.
    • Enjoy the benefits of the standard showroom package.
    • Unlock an exclusive Designer Spotlight Feature/Page.
    • Gain the potential for magazine placement on a global scale.
    • Showroom + Inclusion in the DBE Collection in the U.S.
    • Benefit from a consistent flow of engaging Social Media content.
    • Designer Bag Exchange Magazine feature. Your work will also be showcased through a blog and an article with a far-reaching impact as our platform expands , published right here in the U.S. with a global reach.

Option B: PREMIUM

Showroom + Inclusion in the DBE Collection + DBE Magazine Feature (3-Mo Term)

  • Monthly Subscription: $1,100
    • Showcase up to 8 of your remarkable bags.
    • Benefit from the standard showroom package, including item pulling.
    • Extend your reach by joining the DBE Collection in the U.S.
  • 3-Month Term Subscription: $2,900
    • Showcase up to 12 exceptional bags.
    • Enjoy the standard showroom benefits, along with an exclusive Designer Spotlight Feature on Designer Bag Exchange Collection.
    • Designer Bag Exchange Magazine feature w/ a dedicated blog and article published within the U.S., with a worldwide reach.
    • Promotional Social Media Content.

1.2 Approval Process

Upon completing the subscription and agreeing to the terms, Designer Bag Exchange will review the application to determine whether the designer is eligible for showcasing on the platform. It’s important to note that, despite choosing a package, designers WILL NOT be charged at this stage.

1.3 Showroom Operation:

The showroom within Designer Bag Exchange is a department where designers can inquire about having us showcase their bags and bag accessories. These items may be virtually pulled by stylists, photographers, for various projects, such as magazine shoots, movies, red carpet events, and more.

1.4 Rules and Requirements

By agreeing to this Agreement, the Designer acknowledges and agrees to the following rules and requirements:

  • Bag Submission: Bags must be delivered to Designer Bag Exchange at least 7-14 days prior to the start of the subscription term.
  • Packaging: Bags must be delivered in protective dust bags to prevent damage during handling.
  • Condition: Any visible scratches or defects on the bags must be documented and communicated to Designer Bag Exchange.
  • Renewal: To renew the subscription with Designer Bag Exchange, the designer is responsible for creating and sending a shipping label to facilitate the return of the bags.
  • New Collections: If the designer chooses to send a new collection of bags, they are required to notify Designer Bag Exchange and submit a list of the new items.
  • Payment: Payment for the subscription must be completed at least 7 days prior to the end of the subscription term.

1.5 Bag Usage

Given the potential for repeated usage by stylists, photographers, models, and wardrobe departments, it is understood that showcased bags may experience minor wear and tear. Designers should be prepared for this possibility.

1.6 Project Requests

For any activities outside of standard photoshoots, promotional events, and video shoots, Designer Bag Exchange will seek the designer’s consent before allowing their bags to be used.

  1. PAYMENTS AND FEES:

2.1 Payment Schedule

Payment for the selected package will be requested after the designer’s application has been approved and in accordance with the terms of the selected package. Upon the completion of the first term (which is paid in full, 3-month terms eligible only) to begin the 2nd term, designers will be invoiced 50% of their fee at the initiation of their term. The remaining balance will be charged midway through the term, with a 3-day grace period provided for payment. In other words, if a designer purchases a 3-month package the first time, then they will be eligible to only pay 50% in the start of the following term and the remaining balance at mid-mark.

2.2 Transaction Fee

On the Designer Bag Exchange Marketplace, we implement a 14.5% fee per transaction, with 85.5% of the payment going directly to the designer for all purchases made on our platform. This applies to all sellers/vendors.

  1. END OF TERM:

When a term is over, all bags will be either shipped back to the designers, or they may remain in the possession of Designer Bag Exchange. In the latter case, a prepaid shipping label will be emailed to info@designerbagexchange.com.

  1. MODIFICATION OF TERMS:

We reserve the right to modify, amend, or change these Terms of Use at our sole discretion. Any updates will be communicated to you through the platform or via email. It is your responsibility to review and accept these changes. By continuing to use the platform after the modification, you indicate your agreement to the revised terms.

  1. PRIVACY OF YOUR INFORMATION:

We are committed to safeguarding your private information. Your personal data is treated with the utmost care and is securely maintained in accordance with our privacy practices. We do not share your private information with third parties without your consent.

  1. ENTIRE AGREEMENT:

These Terms of Use, including any linked Privacy Policy, constitute the entire agreement between you and Designer Bag Exchange regarding your use of the platform and supersede any prior agreements or understandings, whether written or oral.

  1. SEVERABILITY:

If any provision of these Terms of Use is found to be invalid, illegal, or unenforceable, the remaining provisions shall remain in full force and effect.

  1. NO WAIVER:

Our failure to enforce any part of this Agreement does not constitute a waiver of our right to later enforce it. No waiver of any breach of this Agreement shall be a waiver of any other provision or of any future breach.

  1. CONTACT INFORMATION:

If you have any questions, concerns, or need to contact us for any reason related to this Agreement or your use of the Designer Bag Exchange platform, please feel free to reach out to us at the following contact information:

We are here to assist you and provide any necessary information or support.

  1. ACKNOWLEDGMENT:

By clicking “I agree” or by using our services in any manner, you acknowledge and affirm that you have read, understood, and agree to abide by the terms and conditions of this Agreement. You further acknowledge that these terms constitute a legally binding contract between you and Designer Bag Exchange, governing your use of the platform.

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