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ProfitShare

ProfitShare is such a Payment Plan, where commission is calculated as percent from profit made from sale of a product:

Commission = % x (Your Price - Base Price). Where % - is percent of difference between prices.

The default is 75%.

This Payment Plan may be set for sites with prices that may be changed. This way when the prices for some products change the level of commissions also change.

Here is the example of commission calculation, based on 75% ProfitShare:

Product price (set by you) $100
Base price (from Price Editor) $40
Profit $60
Your commission (75% of profit) $45
 
 
Terms/ProfitShare.txt · Last modified: 2008/02/07 12:39 by mark