Selling on PinoyHive is easy, but itβs important to understand how platform fees and commissions work so you can manage your shopβs finances effectively. Hereβs a clear guide to help you navigate fees, payouts, and maximizing your earnings. π΅π
π Understanding Seller Fees
When you sell on PinoyHive, the platform charges transaction-based fees to cover operational costs, payment processing, and support services.
Common Fees Include:
- Commission Fee β A percentage of each sale, usually calculated from the item price (excluding shipping).
- Payment Processing Fee β Applies to payments received via GCash, Maya, debit/credit cards, or online banking.
- Optional Service Fees β For premium features like promotions, featured listings, or ad campaigns.
π Tip: Review the current fee schedule in your Seller Center to avoid surprises.
π³ How Fees Are Deducted
- Fees are automatically deducted from your order earnings before payout.
- Example: If you sell a product for β±1,000 and the commission is 5%, your net earnings will be β±950.
π¦ Payouts to Sellers
PinoyHive offers multiple options to receive your earnings:
- Bank Transfer β Direct deposit to your verified bank account.
- GCash or Maya β Fast, convenient e-wallet payout.
- COD Orders β Collected at delivery; earnings are credited after completion and verification.
Payout Timeline:
- Typically, earnings are released within 1β7 business days after order completion, depending on the payment method.
π Tip: Keep your payout details updated in Seller Center to ensure smooth transfers.
π Tips to Maximize Earnings
- Factor in fees when pricing your products.
- Offer bundle deals or promotions to increase average order value.
- Track sales and fees regularly to understand profit margins.
- Avoid disputes and late shipments, as these can affect payout timing.
π΅π Sell Smart on PinoyHive
Understanding seller fees and payouts helps you run a profitable shop while providing a great experience to buyers. PinoyHive is designed to support Filipino sellers with transparent fees, easy payouts, and tools to grow your business.
Manage your shop efficiently and maximize your earnings β only on PinoyHive! π