Last update:
July 26, 2024
Overview¶
Commission structures are a fundamental component that determines how the marketplace operators earn revenue from the transactions. In Virto Commerce Marketplace, the commission fees feature allows a marketplace owner to flexibly setup commissions to be deducted from each transaction or transaction item for the benefit of the marketplace.
The commissions can be assigned to:
- Vendor.
- Vendor group.
- Product or products sets.
- Category or a set of categories.
In Virto Commerce Marketplace, you can setup:
- Static commission fees, which are fixed-rate fees applied to transactions irrespective of any varying factors.
- Dynamic commission fees, which are variable rates that can apply to product, product category, or a vendor.