To calculate referral fee new TikTok Shop sellers the 60-day active status (and than $500,000 sales): Referral Fee = 2.0% *(Customer Payment + Platform . much percentage TikTok take? of April 1, 2024, TikTok Shop charges 6% referral fee every order successfully delivered seller stores. July 1 .
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.
Highlights. 150 million Americans 5 million U.S. businesses TikTok 2023. TikTok Shop launched the United States September 2023 allowing TikTok users purchase through app. ; 81% TikTok Shop sales the U.S. health beauty products.; TikTok the 4th popular social commerce platform the U.S. 8.2% online consumers the site .
4. womenswear underwear product category the number TikTok Shops. Womenswear underwear the highest number shops TikTok, accounting 5.64% the total TikTok Shop count. Beauty personal care with home supplies in close, accounting 5.59% 5.13% the total store count, respectively.
Commission fees a percentage charged every sale through TikTok Shop. fees vary depending the product category your region. instance, TikTok Shop sets 5% commission rate clothing, selling $20 t-shirt incur $1 commission fee.
Types TikTok Fees. Let's break the types fees sellers encounter: Marketplace & Transaction Fees (SEA): Marketplace Fees: Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, marketplace commission fee a percentage TikTok Shop deducts each sale on platform. fee for .
3. 11% US Households Made TikTok Shop Purchase. United States still a low percentage total TikTok Shop sales, according an Earnest Analytics Case Study the platform credit card data that 11% US households made TikTok Shop purchase the platform's debut that country. . TikTok's strong social media .
Starting April 1st, TikTok raise seller fees two six percent, reports Information, raising to percent many items July 1st still a cut .
The TikTok Shop Commission Fee the percentage TikTok charges sellers they a sale the TikTok Shop platform. the app grows a popular e-commerce platform, fee plays crucial role maintaining operating marketplace sellers buyers alike. Understanding commission fee structure .
TikTok Shop's fees to 2% $0.30 sale, will rise 8% transaction "most items." Written Adam Rowe Published January 3, 2024
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