Exciting news for Dokan users and enthusiasts! We have completely restructured the commission system of the Dokan multivendor marketplace plugin. Now, the whole commission system is on the Dokan free version.
The Dokan multivendor marketplace plugin is one of WordPress’s top multivendor marketplace plugins.
With every new update, the Dokan plugin has become stronger. In the previous update, we saw a revolutionary integration with Prinful, that enabled Dokan to become the first-ever multivendor solution with Print-on-Demand Support.
Now, in this latest update, we are introducing a new commission structure for Dokan multivendor.
In the latest Dokan Lite “version 3.14.0”, Dokan commission system will be available in the free version.
The write-up below will give you an insight into the new commission system and how this new commission system will help you to get the best out of Dokan.
Importance & Usability of Commission in a Marketplace
All entrepreneurs and business persons want to earn money from their respective businesses. Therefore, a commission model system can be a great way to earn revenue and profit from any kind of business. Almost every multivendor site uses the commission to earn profits and revenue.
With a limited investment, reasonable profit can be earned because of commission.
With smart commission rate planning, more sellers will be attracted to your marketplace. When your marketplace gets the desired boost, then the commission rate can be increased. Dokan provides these solutions with smart commission rates.
Here is how the commission can help in a marketplace-
- Commissions generate consistent income by charging vendors per sale.
- Low upfront costs attract diverse vendors to the platform.
- Customizable rates suit various industries and product types.
- Marketplace and vendor success are directly linked.
- Clear structures build long-term vendor relationships.
Now, let’s learn more about the Dokan Multivendor plugins commission system.
Types of Dokan Multivendor Plugin Commissions for Users
Admin can set different commissions for the vendors to earn from their marketplace-
- Product Wise Commission: This commission can be set up from the Dokan Product Edit Page and applies to individual Products.
- Vendor Wise Commission: This commission can be set up from the Dokan Vendor Profile Edit Page and applies to individual Vendors.
- Global Commission: You can set Fixed and Category-wise commissions from the Dokan Settings page.
The admin will get two types of commission rates-
1. Percentage Commission rate
With the percentage rate, you can add a commission percentage globally, vendor-wise, product-wise, and category-wise. If you add a percentage globally, that means you will get that percentage on all your vendors.
If you set it based on vendor, product or category, you will get that percentage specifically for that product, vendor or that category.
Suppose you have set a 10% commission rate, then you will get a $10 commission on every $100 sale.
2. Flat Commission rate
A flat rate means you will earn your commission in currency form. You can add a flat rate to all three commission systems (global, vendor, and product).
So, if you set a $10 flat rate, you will earn $10 for any amount of sale.
Like, if the sale is $100 or $1000, you will get $10 flat from that sale.
For Fixed Commission, you will get options for both percentage and flat commission.
For Category Commission, you can select (flat+percenatge) commissions for all the categories or select a global commission rate for all the categories.
To understand more about the Dokan multivendor plugins commission structure, read this documentation on how to set up the Dokan Commission.
Why is the New Commission System of Dokan Multivendor Plugin a Game Changer?
Dokan’s commission system is one of its most powerful features, allowing marketplace owners to earn revenue by charging vendors a percentage or flat rate per sale.
By making this system available in the Dokan Free version, we’re empowering users to kickstart their marketplaces with ease and flexibility.
Here’s why this is a fantastic opportunity for Dokan users:
1. Lower Barrier to Entry
Previously, access to the commission system was limited to premium users.
Not anymore!!!!
By bringing this feature to the free version, new marketplace owners can now test and grow their platforms without investing upfront in the premium version. This makes Dokan accessible to entrepreneurs at all levels, encouraging innovation and growth.
2. Monetization from Day One
The commission system enables marketplace owners to generate revenue from the start.
Whether you’re running a niche marketplace or supporting a broad audience, you can now establish a clear business model without additional costs. This will help get a quick return on investment and sustainable marketplace management.
3. Flexibility for Different Business Models
Dokan’s commission system supports both percentage-based and flat-rate commission structures, making it adaptable to various marketplace types.
By including this in the free version, marketplace owners can experiment with different pricing strategies and plan their approach based on their marketplace’s unique needs.
4. Encourages Vendor Participation
Having a flexible commission system in place from the beginning builds trust among vendors. They understand the fee structure upfront, which helps them plan their pricing strategies.
This transparency can lead to higher vendor sign-ups and greater participation, setting the stage for marketplace success.
5. Better Competitive Edge
The decision to include the commission system in the Dokan Free version improves its value proposition compared to competitors.
For new users exploring multivendor solutions, this feature in the free version will make Dokan multivendor a clear choice, ensuring they have the essential tools to succeed.
6. Smooth Transition to Premium
With the commission system now part of the free version, users can establish their marketplace’s foundation at no cost. As their platform grows and they require more advanced features, transitioning to Dokan Pro becomes a natural next step, ensuring a seamless upgrade path.
Try the Dokan Commission System for Free!!!
By making the commission system part of Dokan Free, we’re not just adding a feature—we’re creating an opportunity for aspiring entrepreneurs to build and grow their online marketplaces without financial constraints.
This update reflects our commitment to supporting users at every stage of their eCommerce journey, making Dokan the ultimate choice for multivendor marketplace success.
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