To launch your marketplace and start getting paid commission, as well as paying your vendors you first need to set your commission and payment terms. In this article I will walk you through setting up both. If you're looking for help to set up your branding set up check out this article.  

The first time you log into Marketcube you will see a dashboard listing out all the steps you need to take to set up your marketplace, 

First, choose how much commission you want to charge on orders. E.g. if you were to set 20% commission and sell an item for $10, you would make $2.00 in commission and pass $8.00 to your vendor.

Within there are a number of options available for setting up commission, which fall under two board categories, Standard and Advanced.

Standard Commission

Standard commission is a global setting that will be applied to all sales in your platform, against all orders. You can set the commission amount to be a percentage value of an order's value, e.g. 20%  or a flat rate/fixed fee per item in the order e.g. $1.50. regardless of the order total value.

Advanced Commission

Advanced commission allows a seller more control over how commission is charged, per sale of an item, and can be set on a Category (of product) or on Vendor basis. For more details on commission options read the article dedicated to that. 

Once you're done configuring your commission and save it you will be redirected back to your dashboard, where you will be prompted to set up your marketplace terms.

Within marketplace terms you will be need to configure returns and payment terms. These terms will drive the calculations and timings for your vendor payouts.


Returns are an integral part of running a marketplace, however as an operator it is important to determine when to pay your vendors, post order shipment or post the expiry of the returns period.  Setting your return policy can help define a) if indeed returns are allowed and b) when will you release funds to your vendors. Adding days to the "Returns allowed" will help us to calculate the when a payment becomes due to your vendor, under the "Payments" section. You can find more information on returns in this article.

Payment Terms

The payment terms set the way you will pay your vendors:

  • Pre-fulfilment - you will pay your vendors once they accept the order but before they ship out the product
  • Post-fulfilment - you will pay your vendors once they add shipment tracking information
  • Post returns period expiry -  you will pay your vendors once the product has been delivered and the returns period as elapsed 


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