- Compatible With
- Multi Vendor
- Min Original Price ($)
- 215
The Soft Solid Set Vendor Commissions Separately for Each Product - ss_product_commissions extension for Multi-Vendor allows administrators to set up custom commissions for each product sold by vendors. This feature offers flexibility in managing commissions at the product level, enabling store owners to fine-tune their revenue model based on the specific products being sold.
This setup enables store owners to incentivize vendors to sell specific product categories more effectively, thereby boosting sales in targeted areas.
The Soft Solid Set Vendor Commissions Separately for Each Product extension offers powerful functionality for Multi-Vendor stores, enabling administrators to assign custom commissions to individual products. This allows for more granular control over vendor commissions, which can be particularly useful for stores with a wide range of products or varying price points. Whether rewarding high-end product sales or adjusting commissions for promotional items, this extension provides the flexibility to adapt to different business models and vendor arrangements.
Note: a full documentation of add-on, describing usage of all its functionalities is available On DOX file Included
Extension to Multi-Vendor allows setting up commission separately for each product sold by vendors.
We start from installing an extension:
Base functionality of add-on allows administrators to set up individual commissions taken from a product, or disable it completely. Default commission for all products is 0.00, which means it's calculated basing on standard vendor plans.
Key Features and Workflow:
- Installation:
- Default Commission:
- By default, the commission for all products is set to 0.00, meaning that the standard vendor commission rules apply. However, administrators can choose to set individual commissions for each product.
- Custom Product Commissions:
- Administrators can set individual commissions for each product sold by vendors. This feature allows you to assign a specific percentage or fixed amount of commission to each product, instead of using a standard commission rate across the board.
- For example, if a store sells both high-end and low-end products, the administrator can set a higher commission rate for expensive items and a lower rate for cheaper products.
- Configuring Commission for Products:
- The add-on adds a field to the Product Edit Page where administrators can input the commission amount or percentage for each product.
- The commission can be defined as:
- A percentage (e.g., 10% of the product price).
- A fixed amount (e.g., $5 per product).
- The default commission rate will be applied if no specific rate is set for a product.
- Commission for Vendors:
- Commissions are calculated based on the price of the product, and the vendor’s commission plan is applied to each product sale.
- If the vendor's product commission differs from the default plan, the system will calculate the commission based on the product-specific configuration.
- Flexibility for Vendor Management:
- This functionality gives administrators more control over vendor commissions. For example, the store owner can reward vendors who sell higher-value items by giving them a higher commission rate on these products.
- The ability to customize commissions ensures that both vendors and administrators can maximize their profits in accordance with their business model.
- Disabling Commission for Specific Products:
- If needed, the administrator can disable the commission for specific products entirely. This would be useful for promotional items or products that are sold at cost.
Example Use Case:
- Scenario: A store sells a range of products from different vendors, including electronics, clothing, and accessories. The store owner wants to give a higher commission to vendors selling high-end electronics. By using this extension, the store administrator can set a 15% commission for electronics products while setting a 10% commissionfor clothing and accessories.
- For a $500 laptop, the vendor will earn $75 (15% commission).
- For a $50 t-shirt, the vendor will earn $5 (10% commission).
This setup enables store owners to incentivize vendors to sell specific product categories more effectively, thereby boosting sales in targeted areas.
- Integration with Vendor Plans:
- The extension works seamlessly with existing vendor commission plans. If no individual commission is set for a product, the default vendor commission plan applies.
- This integration ensures that administrators have a cohesive and efficient system for managing both product-specific commissions and vendor-wide commission structures.
Conclusion:
The Soft Solid Set Vendor Commissions Separately for Each Product extension offers powerful functionality for Multi-Vendor stores, enabling administrators to assign custom commissions to individual products. This allows for more granular control over vendor commissions, which can be particularly useful for stores with a wide range of products or varying price points. Whether rewarding high-end product sales or adjusting commissions for promotional items, this extension provides the flexibility to adapt to different business models and vendor arrangements.
Note: a full documentation of add-on, describing usage of all its functionalities is available On DOX file Included
Extension to Multi-Vendor allows setting up commission separately for each product sold by vendors.
We start from installing an extension:
Base functionality of add-on allows administrators to set up individual commissions taken from a product, or disable it completely. Default commission for all products is 0.00, which means it's calculated basing on standard vendor plans.