How to set pricing and commissions for your products - Supplier

Created by J_Admin Stockshare, Modified on Sat, 15 Mar at 9:30 PM by J_Admin Stockshare

Introduction


Pricing

Products from your Shopify store are initially uploaded to Stockshare with the RRP that already exists in your store. 

  1. Your RRP that is shared with retailers is inclusive of tax.
  2. If your product is inclusive of tax, you need to set the tax rate.
  3. The retailer will receive the commission as set by you.
  4. Shipping is set at the product level and charged separately as a fee to the retailer.


IMPORTANT NOTE: If you want to adjust the RRP in Stockshare you must set the RRP at the product variant level NOT the product level. By Default your product price is always set to the product RRP pulled from your Shopify ecommerce store, to ensure you don't have products that have a price of $0, thereby reducing risks around negative product margins. 


How to set your Commissions and Shipping Fee


Initial Setup


When you initially establish your Stockshare connection, you will be provided an onboarding process to set your base commission and shipping fees. See image below.



Method 2. Bulk Commission and Shipping settings in the StockShare Dashboard

In the event you would like to change commissions or shipping fees for specific products or retailers you can follow the below process

  1. Login to your StockShare supplier account.
  2. Click on the products tab.
  3. Choose "List view" on right of screen (highlighted in blue with 3 lines)



4. Click the box selector next to the products you wish to set the commission/ shipping for. A blue tick indicates selection.


5. Click the "Action" dropdown to see the options for setting commission or shipping fees on the product.




6. With your relevant products selected select "Set Commission" or "Set Shipping"


7. The number of selected products to edit will be highlighted. Note you can also elect to update all products if desired.


8. Select the Retailers you would like this commission to apply to. You have the ability to select one, multiple or all retailers you are connected to.



Setting Commission

Set the 'Percentage' commission you would like to pay to retailers on your products RRP.  Your wholesale price for the selected products you receive will be equal to your set RRP minus Commission minus tax.



Setting Shipping

Set the shipping fee $ you would like to apply to the selected products and retailers.



Once the above Commissions and Shipping fees have been applied to your selected products you can return to the product screen and view the relevant updates. If the products have not been published they will then require selection to publish the updated to your retailers.




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