Referral Fee Promotion New Sellers (February 1 October 31, 2024) ease TikTok sellers the fee transition increase, TikTok Shop offering original referral rate 2% + 30 cents qualified order new sellers 60 days their shop activated. Note the referral fee promo covers up $500,000 initial sales.
But don't panic yet. its launch 2021, TikTok Shop continues rake the numbers - TikTok Shop sold than 2/3 total social shopping gross merchandise (GMV) February 2024. Here's overview TikTok Shop fees.
Starting July 1, 2024, TikTok Shop increase referral fee all qualified transactions 8% order. will done increments, the referral fee increase 6% April 1, 2024, July 1, 2024. Referral fees also depend the product category. How Set a TikTok Shop. Setting a TikTok Shop .
How Much Percentage TikTok Take? Commission fees sellers leverage TikTok's engaged user base. Remember include charges pricing profit calculations. TikTok Shop Fees UK Explained. fee structure the UK starts an initial rate 1.8% the 90 days, making an ideal choice newcomers.
Go TikTok Shop Seller Center → Finance → Transactions → Settled → View Details → Earning Details. of calculating commission fee. Let's you're selling piece apparel TikTok Shop, the commission rate apparel 15%. you sell shirt $100, commission fee calculation be follows:
(Item price - TikTok Shop discount - Seller discount) Affiliate Commission Rate = Affiliate Commission Fee. Let's an affiliate helps sell $40 makeup set, seller approves 10% discount the commission rate 10%. Affiliate Commission Fee seller have pay the affiliate be (40-4) 10% = $3.6.
How much money TikTok Shop take? the past, TikTok Shop 2% each sales + $0.30. of April 1, 2024, fee up 6% + $0.30, starting July 1, 2024 will increase 8% + $0.30. TikTok Shop Referral fee.
TikTok Shop 2024 commission policy update: Newly on-boarded sellers achieve "Active" status the Merchant Center 1 April 2024 31 October 2024 (GMT-8) eligible receive 60-day referral discount 2% + $0.3 order, only first $500,000 sales be discounted. receive discount.
Understand TikTok shop fees charges. Evaluate costs involved setting and maintaining shop TikTok getting started.
How much a TikTok Shop take? commission structure sellers TikTok Shop based a percentage model. Initially, you start selling the platform, is commission rate 1.8% 90 days. this period, commission rate increase 5%. It's important remember these fees calculated a .
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