myCred WC Vendor

Running a marketplace means deciding what each vendor earns and being able to explain it later. This add-on gives admins several ways to set commission values: by product, by vendor role, or by product rating. Vendors can then be rewarded in myCred points, so earnings follow rules you set once and apply every time.

Every commission calculation is recorded in a log, which makes it simple to check past figures and settle questions about what a vendor was owed. An exchange rate setting lets you decide how your currency relates to myCred points. It works on a single WordPress site or across a multisite network, so it fits a small marketplace and a larger vendor network alike.

Features

• Three ways to define commissions: Commission rates can be defined in three different ways, so admins can match vendor earnings to how their marketplace is organized and how they want to reward sales.
• Product-based commission values: Set commission values for individual products, giving direct control over what a vendor earns on each item sold through the marketplace.
• Vendor product assignment: Assign and manage the products that belong to each vendor, which keeps vendor and product relationships clear when commissions are calculated.
• Role-based commission percentages: Commission percentages can differ by vendor user role, so separate vendor tiers or membership groups can have their own earning structures.
• Points based on product rating: Vendors receive myCred points according to product rating scores, which rewards well-reviewed products and gives vendors a reason to keep quality up.
• Commission log: A detailed log records commission calculations, so admins can review past results, audit the numbers and sort out disputes with vendors.
• Exchange rate control: Adjust the exchange rate between your store currency and myCred points to decide how much a point is worth when vendors are rewarded.
• Multisite and single site use: The add-on works on WooCommerce multisite networks and on single sites, and it requires the myCred and WC Vendors plugins to be in place.

Best for

• WooCommerce marketplace owners paying vendors commissions
• Multisite networks with several vendor storefronts
• Store admins rewarding vendors with myCred points