Withdraw your profits
How is my profit calculated ?
By Printshoot, October 09, 2023
As a seller on the PrintShoot marketplace, you might be curious about how your profit is determined. First, it’s important to understand that the base price encompasses Printshoot service fees, manufacturing costs, and shipping fees.
Base Price, Seller Margin, and Retail Price
This is how it works.
BASE PRICE :
The base price includes the manufacturing fee and Printshoot service fee . May The base price change, for better or worse, due to the difference in production costs and local materials imposed by the Moroccan market.
SELLER MARGIN :
The price you earn from the sales process, the seller margin, is the price you set to make a profit from your product. For example, if you have a T-shirt with a base price of 75 DH and you want to make a profit of 30 dirhams per product, you set the retail price at 105 dirhams.
To enhance your strategy, it’s advisable to always stay informed about competitors’ prices and market trends to ensure that your price is competitive and appealing to customers. You can also update your profit margin policy over time based on market changes and customer needs.
RETAIL PRICE :
The retail price combines the base price and the seller’s margin, it is the price you see for each product on Printshoot marketplace. For example, if we have a T-shirt with a base price of 75, and you (your profit margin) want to make a profit of 30 dirhams, the retail price would be 105 dirhams (105 = 30 + 75).
Withdraw Profits
When customers buy products from your store, the amount paid by the customer will be collected and transferred to your store. This amount will be available in your store account, which you can manage through your control panel. When your total earnings reach 500MAD, you can transfer funds from your store account to your personal bank account using the available financial options.
In simple terms, when customers buy from your store, the funds are collected in your store bank account, When your total earnings reach 500MAD then you can transfer them to your personal bank account.
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