Other Fees. most websites selling products online, sellers also to pay additional fees taxes.Here the extra fees sellers need budget for: Refund administration fees. a customer cancels transaction returns product the return period, portion the TikTok Shop referral fee be refunded the seller.
TikTok Shop charges 6% referral fee every order, from original fees 2% + 30 cents it launched the in September 2023. July 1, 2024, referral fees every order go to 8%, above $10,000 orders certain product categories slightly at 3%.
This Year, TikTok Shop Hiking US Seller Fees 2% 8% TikTok Shop's fees to 2% $0.30 sale, will rise 8% transaction "most items."
And brings to most important part - fee rate. current TikTok Shop Referral Fee rate 6%. is flat fee doesn't depend the product category. Note TikTok Shop refunds Referral Fee case any refunded returned orders. However, Refund Administration Fee applies, it 20% the Referral Fee.
Referral fees (US only). consolidated charge combines the marketplace commission any transaction fees one single fee. referral fee rate varies depending the specific product category. . upcoming in fees. TikTok Shop the United States recently implemented significant change its fee structure .
For clarity simplicity our calculation examples, we'll apply fee structure TikTok Shop Vietnam, includes 2% marketplace commission fee rate a 4% transaction fee rate. example features sale a luxury handbag priced $1000, a seller discount $50, accompanied a shipping fee $60.
TikTok Shop Fees US Explained. TikTok Shop offers fee structure similar the UK's the United States. an initial rate 1.8% the 90 days, it's favourable option newcomers. Post-introductory period, fees the also increase 5%.
TikTok Fees. Setting a TikTok Shop free. However, TikTok collects seller fees (also as referral fees) every product sold the platform. Currently, TikTok referral fees at 2% $0.30 transaction. Starting July 1, 2024, TikTok Shop increase referral fee all qualified transactions 8% order. .
Referral Fees a comprehensive fee structure introduced TikTok Shop the U.S. marketplace combines marketplace commissions any transaction fees, excludes shipping taxes. Referral fee rates vary depending the product category, will be 6% 1 April 2024 onwards.
Fee Structure Types. TikTok Shop a detailed fee structure involves multiple types charges. Transaction fees include commission fees, are percentages each sale. referral fee also applied order, around 6% can vary based the specific item sale amount.
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