Running a marketplace is hard and as a store owner, you will need a lot of resources. So, the commission scheme is the primary revenue model for any multi-vendor shop.
With the help of Magento 2 Marketplace Advanced Commission module, the admin can set commissions for products, categories and particular seller categories. It will be easy to manage commission because the admin will get commission automatically as per the configured commission.
This module helps you to-
The commission is the best revenue model where the admin split the earning with vendors. The admin gets a share of every transaction and gets benefited from each transaction that takes place at admin’s platform.
In default Magento Marketplace, the admin can either set global commission to apply on all the products or set commission seller-wise which will apply on the seller’s product only.
But using Magento 2 Marketplace Advanced Commission module the admin can set the various type of commission – global, category, per seller commission for different categories, product and commission rules.
The admin can create any pricing structure as each marketplace has its own business strategy. Using this module, the admin can design an effective revenue model to remain competitive in the market while still being able to make the profit out of it.
When a customer pays a provider, the marketplace facilitates the payment and charges either a percentage or a flat fee.
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