Become a Vendor for a certain price per term (year, month, day…etc…).
An integration across the subscriptions module and the Vendors module whereby the Vendors would pay a subscription. In our case Vendors would pay yearly, unless they already sold enough then we would not charge them the subscriptions fee.
Id est…A vendor pays $10 / year….if the Vendor sells then our store takes a commission. If a Vendor sells enough for us to make more than $10 / year from commissions then we do not charge them the subscription fee.
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Last updated: October 15, 2013
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Vendor Subscription & Commission Model
Vendors will pay a yearly subscription fee (e.g., $10/year) to become an active vendor on the platform.
In addition to the subscription, the store will collect a commission on every sale made by the vendor.
However, if the vendor generates enough sales within the year such that the total commission collected from their sales exceeds the $10 subscription fee, they will not be charged the $10 fee for that year.
This setup requires integration between the Subscriptions Module and the Vendors Module:
Automatically charge the subscription unless commission earnings from the vendor exceed the threshold.
Keep track of each vendorโs sales and commissions throughout the year.
At the end of the subscription term, calculate whether to charge or waive the renewal fee based on performance.
This is a main feature that would convince me to purchase this product!
Hi
This is a great feature
please make it happen !