Understanding Platform Commission Fees on TikTok Shop by Tokopedia: How It Works and How to Calculate
12/29/2024
To prevent the commission fee from becoming a burden and eating into your profits, let’s learn about how it’s calculated and its benefits!
What is Platform Commission?
- Definition of Platform Commission
- Commission Percentage
- Benefits of Platform Commission
How Platform Commission Works and is Calculated
- Basic Commission Calculation Formula
Commission = (Product Price x Commission Percentage) x 11/12 x 12%
- Example of Platform Commission Calculation
- Commission = IDR 100,000 x 2% = IDR 2,000
- VAT = IDR 2,000 x 11/12 x 12% = IDR 220
- Total commission = IDR 2,000 + IDR 220 = IDR 2,220
- Impact of Discounts on Commission
- Discounted price = IDR 80,000
- Commission = IDR 80,000 x 2% = IDR 1,600
- VAT = IDR 1,600 x 11/12 x 12% = IDR 176
- Total commission = IDR 1,600 + IDR 176 = IDR 1,776
How to View Commission Details in Seller Center
- Log in to Seller Center
- Use the Filter Feature
- Download the Report
Tips for Managing Commissions to Maximize Profit
- Understand the Cost Structure
- Optimize Selling Price
- Take Advantage of Promotional Features
- Monitor Financial Reports Regularly
- Use Wholesale Pricing
Now you understand how platform commissions work and how to calculate them. Check your commission details in Seller Center and optimize your sales strategy for maximum profits!
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