This is the percentage of the sale that you would like to offer to the retailers who sell your products. Each time one of your products sells, they'll get to keep this percentage of the sale.
Carro receives 5% of the sale as a usage fee for enabling the partnership between the Retailer and Supplier. You and your partner split the remaining 95%.
Once confirmed, Retailers can view the revenue split that you are offering on your Carro directory listing.
NOTE: By default, shipping methods and fees are collected by the retailer according to their store's shipping profiles - but are not transferred to the supplier. Please review this article for more details: How do Shipping Fees Work?
For a detailed breakdown of how money moves through Carro, please refer to this article: How do I get Paid According to my Revenue Split?
How to Decide Your Revenue Split:
We've provided a slider so that you can see what revenue splits are most common. We recommend staying within the green area in order to provide an enticing amount for your retailer partners and to select a percentage that is common with our other suppliers using Carro. The typical percentage offered to retailers is 25-45%.
TIP: Suppliers that offer 25% or more attract most retailers. If under 25%, many retailers will choose not to work with you, even if your products are the perfect fit.
When do I Decide on my Revenue Split?
Your revenue split is decided during Supplier setup. Before you can begin a partnership, you'll need to complete this initial setup.
You can also update your revenue split at any time within your Supplier Settings tab. However, adjusting your revenue split in your settings tab will only affect partnerships moving forward, and will not affect existing partnerships.