Fees and Reporting

At Tezonnix, we prioritize transparency and clarity in our fees and reporting processes to help you manage your e-commerce business effectively. Understanding these components is essential for optimizing your sales and ensuring smooth financial operations. Here’s an overview of our fees and reporting system.

1. Overview of Fees

When you sell on Tezonnix, the following fees may apply:

• Commission Fees:

  • Tezonnix charges a commission fee on each sale made through your store. This fee is a percentage of the total transaction amount, designed to cover platform maintenance, marketing, and customer support services.
  • The exact commission percentage will be outlined in your vendor agreement and may vary based on the product category or promotional campaigns.

• Payment Processing Fees:

  • A small fee is applied for processing payments, which may differ based on the payment method chosen (credit card, PayPal, etc.). This fee is essential for ensuring secure and efficient transaction processing.

• Listing Fees:

  • Certain products or promotional listings may incur additional fees. This could include featured placements or promotional campaigns aimed at increasing visibility and sales.

2. Payout Schedule

• Regular Payouts:

  • Vendors will receive payouts on a regular schedule, typically every two weeks. Your payout will include all sales made during that period, minus any applicable fees.

• Payment Methods:

  • Ensure that your payment information (bank account or PayPal) is accurately entered in your Tezonnix account to avoid delays in receiving your funds.

3. Reporting and Analytics

Tezonnix provides comprehensive reporting tools to help you monitor your business performance:

• Sales Reports:

  • Access detailed sales reports that show your total sales, number of transactions, and the revenue generated during specific periods.
  • This data is crucial for understanding your business trends and making informed decisions.

• Fee Breakdown:

  • Your vendor dashboard will display a clear breakdown of all fees charged, including commission and payment processing fees. This transparency helps you track expenses effectively.

• Performance Metrics:

  • Utilize analytics tools to review key performance indicators (KPIs) such as conversion rates, average order value, and customer demographics. These insights can inform your marketing strategies and product offerings.

4. Managing Your Finances

• Budgeting:

  • With a clear understanding of your fees and revenue, you can budget effectively and plan for future expenses or investments in your store.

• Tax Responsibilities:

  • As a vendor, you are responsible for managing your own tax obligations. Tezonnix provides resources to help you understand your responsibilities based on your jurisdiction.

5. Customer Support

For any questions or concerns regarding fees, billing, or reporting, our support team is available to assist you:

• Email: support@tezonnix.com

Conclusion

Understanding the fees and reporting mechanisms on Tezonnix is vital for your success as a vendor. By leveraging our comprehensive reporting tools and maintaining awareness of your fees, you can optimize your business operations and focus on growth. Start your journey with Tezonnix confidently, knowing that you have the support and transparency you need to thrive!