WEMAKEPRICE Applies Minimum 2.9% Commission Rate to Travel, Accommodation, and Performance Categories

Official Introduction of a 2.9% Flat-Rate Commission for Travel, Accommodation, and Performance Partners

[Asia Economy Reporter Kim Cheol-hyun] Wemakeprice is expanding its '2.9% flat-rate commission' system, which started in April, to non-delivery partners such as travel, accommodation, and performances.

Wemakeprice announced on the 1st that it will officially operate the 2.9% commission policy for partners in the travel, accommodation, and performance product categories starting in September. With this decision, all partners on Wemakeprice will be subject to a 2.9% flat-rate commission across all product categories in the future. The 2.9% commission also includes PG (payment gateway) fees.

The 2.9% flat-rate commission system significantly reduces the commission burden for partners. In fact, among partners who applied the 2.9% commission in July, 93.2% experienced commission savings compared to the same period last year. Notably, 65.4% of them reduced their commissions by more than 80%.

Partners who want additional sales growth can voluntarily participate in special discount events. When participating in Wemakeprice's representative special discount events such as ▲Today’s Special ▲Super Time Special, partners only bear the promotional costs based on sales amount. The return on advertising spend (ROAS) is also guaranteed at 5000%.

A Wemakeprice official said, "By introducing the 2.9% flat-rate commission regardless of delivery or non-delivery, we are strengthening our role as a commerce platform connecting consumers and sellers," adding, "Wemakeprice users will also receive better products, prices, and benefits in the travel, accommodation, and performance categories."

This content was produced with the assistance of AI translation services.