![How is your payout calculated?
Your final payout is made after the various commissions & fee deductions from the selling price
Payout
Selling price ₹ 1000
(-) Marketplace commission (eg. 12.43%) ₹ 124.3 (12.43% *1000)
(-) Payment gateway fee @2.7% ₹ 27 (2.7%*1000)
(-) Logistic charges ₹ 60 (500 grams)
= Payout breakout ₹ 741.67 [1000-(124.3+27+60+38.03+9)]
Example : Product- Men’s T-shirt
DEDUCTIONS
₹ 0(-) Additional minor deduction/penalty
(-) GST@ 18% ₹ 38.03 [18%*(124.3+27+60)]
₹ 9 [Selling price - Applicable GST on
the products]
TCS (1%) on base price](https://image.slidesharecdn.com/20190309howisyourpayoutcalculated-190513131619/85/How-is-your-payout-calculated-17-320.jpg)
How is your payout calculated?
- 1. How is your payout calculated? In this module, we will discuss: 1. How is your payout calculated? 2. How can you check your commission details? 3. What are the different modes of logistics? 4. How can you measure the weight of a packed product? 5. What are the logistic charges at Paytm Mall? 6. What are the different types of frauds? 7. What is a service level agreement (SLA)? 8. How to avoid penalties? 9. How is your payout calculated? 10. How can you check your expected payout on the Paytm Mall seller panel?
- 2. How is your payout calculated? Your final payout is made after various commissions & fee deductions from the selling price The components which are deducted from the selling price are as follows - Charges Definitions Rates Marketplace commission Fee charged for listing your products on the Paytm Mall marketplace % of the selling price (varies at the category/product level) Payment gateway Fee paid for the transfer of money via Paytm Mall payments gateway 2.7% of the selling price Logistics charges Charges for using the services of Paytm Mall logistics partners Based on the mode of shipment Penalty A fraud is a deliberate action of deceiving Paytm Mall or its partners to secure unfair gains. Depends on the type of fraud
- 3. How can you check your commission details? You can download your agreement history by going to the seller panel, where you can read the terms and conditions along with the commission details of your products Click on Profile1 2 3 Click on Agreement History Click on ‘Click To Download’ Note – You have to download the latest version of the agreement history. 1 3 2
- 4. What are the different modes of logistics ? Express shipment Standard sized shipments (less than 5 kg) which are serviced through the aerial mode Local shipment These are intra-city shipments i.e. whose pickup & drop locations fall in the same city Zonal shipment All pincodes assigned to specific zones (north, south, east, west). If pickup and delivery fall in the same zone (not cities), zonal rates will be charged National shipment These are inter-zone shipments i.e. whose pickup & delivery pincodes fall in different zones
- 5. Below are the weight slab rates for logistics in Paytm Mall What are the different modes of logistics ? Note – All the fee mentioned above is exclusive of taxes. Revised shipping charges Express Weight Local Zonal National First 250 Grams ₹ 30 ₹ 30 ₹ 42 First 500 Grams ₹ 35 ₹ 45 ₹ 60 Additional 500 Grams ₹ 25 ₹ 35 ₹ 55 Surface Up to first 3 Kg ₹ 90 ₹ 100 ₹ 120 Additional kg 3-10 Kg ₹ 18 ₹ 20 ₹ 25 Additional kg 10-30 Kg ₹ 15 ₹ 18 ₹ 23 Additional kg 30-60 Kg ₹ 10 ₹ 12 ₹ 20 Additional kg >60 Kg ₹ 8 ₹ 10 ₹ 15
- 6. The weight of a product can be calculated in 2 ways - dead weight and volumetric weight. The higher of the two is used to calculate the logistic charges Dead weight = weight of package Length 5 inches Width 6 inches Height 4 inches Volumetric weight 393.28 Grams Volumetric weight in grams = (𝑙𝑒𝑛𝑔𝑡ℎ × 𝑏𝑟𝑒𝑎𝑑𝑡ℎ × ℎ𝑒𝑖𝑔ℎ𝑡 × 2.543 ) 5 Note: length, breadth and height in inches Weight of the packet measured on the weighing machine = 900 grams Dead weight = 900 Grams Weight Volumetric weight Deadweight Formula Example In this case, the dead weight will be considered since it is greater than the volumetric weight How can you measure the weight of a packed product?
- 7. How can you calculate the logistic charge? Example 1. If the weight of your product is 250 gm Note – All the fee mentioned above is exclusive of taxes. Revised shipping charges Express Slab Local Charges Weight breakup Calculation Final First 250 Grams ₹ 30 250 gm 30 30 Total 250 gm ₹ 30
- 8. How can you calculate the logistic charge? Example 2. If the weight of your product is 1 kg Note – All the fee mentioned above is exclusive of taxes. Revised shipping charges Express Slab Local Charges Weight breakup Calculation Final First 500 Grams ₹ 35 500 gm 35 35 Additional 500 Grams ₹ 25 500 gm 25 25 Total 1 Kg ₹ 60
- 9. How can you calculate the logistic charge? Example 3. If the weight of your product is 5 Kg Note – All the fee mentioned above is exclusive of taxes. Revised shipping charges Surface Slab Local Charges Weight breakup Calculation Final Up to first 3 Kg ₹ 90 3 Kg 90 90 Additional kg 3-10 Kg ₹ 18 2 Kg 18*2 36 Total 5 Kg ₹ 126
- 10. How can you calculate the logistic charge? Example 4. If the weight of your product is 20 Kg Revised shipping charges Surface Slab Local Charges Weight breakup Calculation Final Up to first 3 Kg ₹ 90 3 Kg 90 90 Additional 3-10 Kg ₹ 18 7 Kg 18*7 126 Additional 10-30 Kg ₹ 15 10 Kg 15*10 150 Total 20 Kg ₹ 366 Note – All the fee mentioned above is exclusive of taxes.
- 11. How can you calculate the logistic charge? Example 5. If the weight of your product is 35 Kg Revised shipping charges Surface Slab National Charges Weight breakup Calculation Final Up to first 3 Kg ₹ 90 3 Kg 90 90 Additional kg 3-10 Kg ₹ 18 7 Kg 18*7 126 Additional kg 10-30 Kg ₹ 15 20 Kg 15*20 300 Additional 30-60 Kg ₹ 10 5 Kg 10*5 50 Total 35 Kg ₹ 566 Note – All the fee mentioned above is exclusive of taxes.
- 12. Note- 1. This list is just for illustrative purposes and doesn’t include all cases 2. Paytm Mall reserves the right to block your seller account or to disable your listings depending on the severity of the case What are the different types of fraud?
- 13. What are the different types of fraud? Note- 1. This list is just for illustrative purposes and doesn’t include all cases 2. The SLA breach and cancellation penalties are defined at the category level of the product 3. Paytm Mall reserves the right to block your seller account or to disable your listings depending on the severity of the case
- 14. What is a service level agreement (SLA)? A Service Level Agreement (SLA) is your promise to ship your products to your customers within a certain number of days. You have to ensure that all the orders are marked Shipped within SLA. Note- 1. If SLA is breached, the order will be cancelled and you will be charged an SLA breach penalty and a cancellation penalty 2. SLA breach and cancellation penalties are defined at the category level of the product 3. Avoid SLA breaches as they affect your seller ratings and performance on Paytm Mall. Example:
- 15. Penalty structure The SLA breach and cancellation penalties are defined at the category level of the product Note- 1. These charges are exclusive of taxes 2. The minimum penalty amount will be Rs.50 on both SLA breaches and Cancellations by the Seller There will also be a minimum cancellation penalty amount and minimum SLA breach penalty amount. This means that the seller will be charged the higher of the minimum penalty amount OR Y%/X% of SP. SLA breach penalty, ‘X%’ of selling price All categories 10 Cancellation penalty, ‘X%’ of selling price All categories 10
- 16. How to avoid penalties? • Maintain physical stock of products • Add inventory only if you have its physical stock • Procure genuine products only • You must have authorizations from brands for all products • Ship products with an MRP sticker • Always match the MRP of the product with the MRP listed in your catalogue • Ensure that the warranty you offer on the product is valid • Maintain a record of purchases • Do not indulge in fraudulent methods to obtain induced orders.
- 17. How is your payout calculated? Your final payout is made after the various commissions & fee deductions from the selling price Payout Selling price ₹ 1000 (-) Marketplace commission (eg. 12.43%) ₹ 124.3 (12.43% *1000) (-) Payment gateway fee @2.7% ₹ 27 (2.7%*1000) (-) Logistic charges ₹ 60 (500 grams) = Payout breakout ₹ 741.67 [1000-(124.3+27+60+38.03+9)] Example : Product- Men’s T-shirt DEDUCTIONS ₹ 0(-) Additional minor deduction/penalty (-) GST@ 18% ₹ 38.03 [18%*(124.3+27+60)] ₹ 9 [Selling price - Applicable GST on the products] TCS (1%) on base price
- 18. You can check your expected payout amount through the payout calculator Click on the Catalogue tab1 Click on the Edit icon2 1 2 How can you check your expected payout on the Paytm Mall seller panel?
- 19. Click on the Calculator icon3 3 How can you check your expected payout on the Paytm Mall seller panel?
- 20. Enter the MRP & selling price4 5 Click on the Re-calculate button 4 5 How can you check your expected payout on the Paytm Mall seller panel?
- 21. How can you check your expected payout on the Paytm Mall seller panel? View the expected payout break-up here 6 6
- 22. Thanks everyone! For any query, please raise a ticket using the Seller Helpdesk tab on your seller panel.