1. Commission Rate:

  • Local Marketplace charges a 30% commission on the total sale amount for each completed transaction. This rate applies to the product/service price, excluding any shipping or additional fees.

2. Commission Deduction:

  • The commission is automatically deducted from the sale proceeds before the remaining balance is credited to your vendor account.
    For example, if you sell a product for $100, Local Marketplace will deduct a $30 commission, and the remaining $70 will be credited to your account.

3. Commission Invoice:

  • You can view detailed commission invoices for each transaction in your vendor dashboard. These invoices provide a breakdown of the sale, including the product price, commission amount, and net earnings.