Q: Hi, I would like to know how the sales commission rate works...
is it, for example, when there is a registered student/member, by reproduction of a video or by payment made through the payment gateway that it's implemented?
Adrian-forento.io
May 14, 2024A: Hey DestraLink, thank you for your question.
The sales commission rate is applied to sales that are made through either PayPal or Stripe (connected payment gateways) on your platform.
Free products, 100% off discount code purchases, and similar will not be affected - of course.
//Adrian at Forento
On your website, you only charge commission on the Free plan. All the other plans are 0% commission. Help me to understand the benefits of buying your product on App Sumo, and pay a sales commission, as oppose to buying from your website, pay a small monthly subscription fee and No Commission.
Hey nb2023, thanks for your question.
Most creators when presented with both options go for the lifetime deal. However, I think both options have their pros and cons, and one should pick based on what fits their business the best.
The lifetime deal is great for those who are planning to build their first platform or have just gotten started. If you're already making enough money to where the 2-10% sales commission rate would be more than $19-$49/month - I'd suggest going for the subscription.
The biggest reason people go for the lifetime deal is because they're able to get access to a powerful tool with a minimal upfront investment. Instead of having to pay $49 each month for the Start subscription, while still creating course material, designing landing pages, and getting things set up - one can get started for as little as $78, get the same features, and take the time they need to get everything set up.
As of now, the only way of removing the sales commission is by switching to a subscription, which is either $19 or $49/month. But we don't want lifetime deal holders to have to switch to a subscription whenever they reach "too much" revenue. Instead, we plan on creating some sort of "remove sales commissions" upgrade, which will be less than whatever the subscription fee would be. No lifetime deal holders have gotten to that point yet - but we're ready to get something set up whenever.
//Adrian at Forento