Creating Commission Settlement Policies

  • Once logged in, navigate to Channels > Settlement Policies
  • Click Create Policy
  • Enter the information following the rules below
    • Policy Name: Enter the name you want to refer to the policy as. You can call this "Agent Commission - 10%" in example. 
    • Description: Enter a Description for the policy. 
    • Rule Type: Select an option from the drop-down depending on how you want to set up your policy using the rules below. 
    • Rule Value: Enter a value depending on how you want to set up your policy using the rules below. 
    • Activate After: Enter 0 to activate immediately or enter the number of days you would like to wait for the policy to become active from creation. 
    • Expires After: Leave blank so that the policy is indefinite and does not expire or enter the number of days you would like for the policy to expire after. 
  • Once complete, Click OK.
  • Your policy is now completed and you can add it to an agent. 

Settlement Rule Details

  • Retail Price: This retail price commission rule is based on the end retail price of a product. Use this rule and define a percentage on the end retail price of the product as the commission amount. 
    • Example: the parent account can define 70% of the end retail as their commission policy. So, the agent will get 70% of the retail price of a product for their commission. 
  • Fixed Commission: This commission rule can be used to define a fixed commission amount for agents on retailing a product. The Rule Value must be entered at a charge level.
    • Example: the parent business can offer a fixed commission of US $50 to a sales agent for retailing a product via an end subscriber.
  • Cost MarginThis rule is used to determine the agent commission when a business wishes to charge a margin percentage on the difference between retail price and cost of the product.
  • Wholesale Price: Use this rule to offer a commission based on the wholesale amount charged to the agent. The commission amount will be calculated as the difference of the retail price and the wholesale price charged to the agent.
    • Example: a business can charge a fixed wholesale price of US $30 on a retail price of US $50. The commission amount thus offered to the agent will be $20.
  • Cost Markup: This rule is used to define an agent commission based on the cost. Your business can use this rule to define a percentage on the cost of the product for the agent commission amount.