Tmon Surpasses 10,000 New Partners with '0% Commission Benefit'
About 2,000 Companies Benefited in Q1 This Year
New Vendors Joining in January Achieve 35-Fold Sales Growth
Tmon announced on the 21st that the number of partner companies benefiting from the '0% commission fee for new partners' policy has surpassed 10,000. This policy, implemented since August 2019, exempts new entrepreneurs who register their business and join Tmon from paying sales commissions. The exemption applies from the approval date until the end of the following month, providing support for up to 60 days. Considering that the average commission fee on online shopping platforms is roughly over 10%, this policy is evaluated to help new businesses increase sales by reducing costs and thereby stabilize their position in the market.
So far, a total of 11,911 new entrepreneurs have benefited from this policy. Since its inception, the number of beneficiary partners has steadily increased every year. Notably, last year, the number of applying partners increased by 128% compared to the previous year. Consequently, the number of new partners in the second half of last year rose by 89% compared to the first half, and the number of sales deals by partners increased 87-fold. Sales revenue also grew by 20%.
This year’s performance remains steady. In the first quarter alone, about 2,000 new partner companies received benefits, marking a 45% increase compared to the first quarter of last year. The effect of securing sales for new businesses is also emerging. For example, DS&N, a new company that joined in January this year, recorded sales 35 times higher in March compared to January, just two months after joining.
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Kim Young-jin, Head of the CM Office at Tmon, said, "We will continue to expand practical benefits for the growth of new entrepreneurs," adding, "We will also introduce various measures to grow together with our partners and strengthen a win-win ecosystem."
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