Add Marketplace Commissions

Create an agreement with marketplace commissions to take a percentage of product sales or charge order fees. This type of commission deducts from the seller's earnings.

With marketplace commissions, you can configure any combination of the following:

• Set a default commission that applies to the entire catalog.
• Set commissions for specific product categories.
• Add fixed or percentage-based order fees.

Create a marketplace commission agreement

1. From the Nautical dashboard, go to Sellers -> Agreements.
2. Select Create agreement.
3. In the Summary section:
   • Enter an Agreement name.
   • Enter the terms and conditions for operating on your platform in the text editor.
     Both the agreement name and content will be visible to sellers assigned the agreement.
4. In the Financials section:
   • In the Commission type field, select Marketplace.
   • In the Default commission field, enter the standard commission rate for all products.
     If you will not use percentage-based commissions, set the commission to 0%.
5. In the Visibility section, toggle on the Published field to make the agreement available to assign to a seller.
6. Select Save.

Add order fees

You can add fees to an agreement to impose a flat-rate or percentage charge on each seller order. These fees are cumulative and apply in addition to any percentage-based commission rates.

Before you start

You must create the marketplace agreement before you can add fees.

Steps

1. Go to the marketplace agreement.
2. From the Financials tab, select Add fees.
3. Enter the Fee name, which will be visible on the seller payout statement.
4. Choose the Fee type and value, either a percentage or flat-rate fee.
5. Select Save.

Add category commissions

You can add percentage-based commissions applicable only to products within a certain category with custom commissions (previously known as granular commissions). Custom commissions override the default commission.

Before you start

You must create the marketplace agreement before you can add custom commissions.

Steps

1. Go to the marketplace agreement.
2. From the Financials tab, select Add commissions.
3. Leave the Commission type field as-is.
4. Use the Category list to select the category.
5. In the Commission rate field, enter the commission rate for products in this category.
6. Select Save.