Add Markup Commissions

Create an agreement with markup commissions to automatically apply a percentage-based markup to the seller's base product prices. With markup commissions, the purchase price paid by customers includes your take rate.

For example, let's say you want to mark up prices by 20%. For a product with the base price of $12.99, the purchase price for customers would be $15.59:

• $12.99 + 2.60 (20% of 12.99) = $15.59

Create a markup 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 either Dropshipping or Wholesale.
     Both options function the same. Choose the option that best describes your operating model.
   • In the Markup commission field, enter the percentage to mark up prices product prices.
5. In the Visibility section, toggle on the Published field to make the agreement available to assign to a seller.
6. Select Save.

Edit the markup commission

1. From the Nautical dashboard, go to Sellers -> Agreements.
2. Open the agreement.
3. From the Financials tab, update the Markup commission
4. Select Save.

View price mark ups

When you view a product variant as a marketplace operator, you can see both the original price entered by your seller and the marked up price.

1. Go to Catalog -> Products.
2. Open the variant.
3. On the Details tab, view the price details in the following fields:
   • The Cost field shows the original price
   • The Price field shows the purchase price including the mark up. This is the purchase price paid by customers.