PricingShopper Quick gives the speedy and fast payment to their Sellers. The payment for the sale of product will be given to the sellers within 10-14 days. The Seller can decide the Selling Price and Shopper Quick will take a small service fee on the successful orders.Selling price and Shipping charge paid by Buyer and excludes discount offered by Seller.
Example to explain the calculation:
|Selling Price (decided by seller)||1000|
|Commission Fee (Varies according to Categories / Sub-categories.)||100 (assuming10%)|
|Shipping Fee (Upto weight 0-500 grams)
(Please refer the SHIPPING FEE table.)
|Collection Fee (2 % on the Order item value in case payment is made through Payment Gateway. In case of COD, Rs.40 (or) 1.5% of item value which ever is higher.)||20|
|Total Marketplace Charges||165|
|Service Tax (18% of Marketplace Fee including cess.)||29.70|
|Settlement Value (Amount credited to seller.)||805.30|
Shipping FeeShipping fee is calculated on actual weight or volumetric weight, whichever is higher. This is to account for items which are lightweight but occupy a lot of shipping space.
Volumetric weight is calculated as below.
Volumetric Weight (kg) = L*B*H (Length x Breadth x Height)/5000 where LBH are in cm
The following rates are exclusive of all taxes:
|0 - 500 gms||30||45||65|
|Every additional 500 gms, upto 5 Kg||30||35||45|
|Every additional 1 kg, upto 12 Kg||5||10||20|
|Every additional 2 kg, beyond 12 Kg||5||10||20|