How to make money with Theme?

• System Fee: A small fee paid by customers to the site owner for each successful transaction.

• Package Fee: A fee paid by vendors (event organisers) to register a package, allowing them to submit events and access various features.

• Commission: A percentage of sales paid by vendors (event organisers) to the site owner for each successful transaction.

• Advertisement: A manual fee paid by vendors (event organisers) to promote their events, such as displaying them as Featured..

1: System Fee

Go to: Events >> Settings >> Tax & Profit >> System Fee Tab

Setup System Fee

The customer pay System fee when booking event.

The admin see system fee in each booking.

2: Package fee

The admin setup Package Fee when creating a package in backend

Vendors register a package. If the package has a time limit, they must renew it to create new events

The vendor register a package

The admin see Package Fee in Membership menu.

3: Commission

• Firstly, you need to set up tax settings if it is required in your country.

Go to: Events >> Settings >> Tax & Profit >> Tax tab

Setup Tax

• After that, set up the fee per transaction that the vendor must pay to the admin. This is configured within the package settings

Go to: Events >> Manage Packages >> Add New Package

The customer books an event

The admin can view all amounts in Manage Booking, including total before tax, total after tax, profit, and commission

Go to: Events >> Manage Bookings

Manage Booking an event

➤ Total before tax = included Total + System Fee = $45+$85+$2 = $132

➤ Total After Tax = Total before tax + Tax (10% of $130 without system fee) = $132 + $13 = $145

➤ Commission is the amount the admin earns for the booking (excluding system fee).

Commission = % fee on (total before tax − system fee) + fees for paid tickets + fees for free tickets + system fee.

• Percentage fee on (total before tax − system fee) = (Fee percentage for paid tickets * (Total before tax - system fee ) = 5% * (132-2) = $6.5

• Fees for paid tickets= number of paid tickets * fee per paid ticket = 2 * 2.99 = $5.98

• Fees for free tickets = number of free tickets * fee per free ticket = $0

• System fee = $2

Commission = $6.5 + $5.98 + $0 + $2 = $14.48

➤ Profit is the amount the vendor receives for the booking.

• If the Vendor will handle tax payment procedures with the tax authority:

Profit = Total after tax - System fee - Commission

= $145 - $2 - $14.48= $128.52

• If the Admin will handle tax payment procedures with the tax authority:

Profit = Total before tax - System fee - Commission

= $132 - $2 - $14.48= $115.52