Have you thought about asking for a payment for services rendered or products sold? Especially in sales, asking for commissions is common practice to reward the achievement of specific (sales) targets. Payements are usually calculated on the basis of a percentage of the price for the goods/services sold.

When and how to apply Commission:

By far the most prevalent revenue model for digital markets is commissions. Although they may be referred to differently by different marketplaces - Amazon calls them referral fees, eBay has final value fees, and Etsy calls them transaction fees - they all refer to the same thing: a percentage or fixed amount that a marketplace charges a seller for each sale made on its platform.

The success and simplicity of market commissions are largely responsible for their broad acceptance. The marketplace owner receives a percentage of each sale made through its platform, whereas the vendor incurs expenses only when an item is sold (if no other fees are in place). This generates numerous benefits: There is no risk involved for sellers to post their products on the marketplace, thus they are more likely to do so. The cost of conducting business is apparent to both parties. Lastly, the commission model is scalable and applicable to both small and large marketplaces.

However, it is more important to design a smart marketplace commission pricing plan that helps owners maximize earnings and business growth across key KPIs than it is to simply pick the appropriate percentage fee. In light of this, let's assess the many marketplace commission model types and how to select the optimal model.

To build an intelligent marketplace commission price model, proprietors must assess the particular environment of their market, analyze their competitors, and select the most appropriate compensation kind. Additionally, the chosen model should be revisited as the market advances and expands. In addition to commissions, it is vital to realize that the majority of marketplaces employ multiple alternative revenue streams.

Well-known companies that use this pattern are Airbnb and OnlyFans.