{"id":165,"date":"2021-04-21T09:16:29","date_gmt":"2021-04-21T09:16:29","guid":{"rendered":"https:\/\/utillz.com\/docs\/brikk\/monetization\/"},"modified":"2021-10-28T07:20:41","modified_gmt":"2021-10-28T07:20:41","slug":"monetize-your-business","status":"publish","type":"page","link":"https:\/\/utillz.com\/docs\/brikk\/monetize-your-business\/","title":{"rendered":"Monetize your business"},"content":{"rendered":"<p>We know how important is to monetize your business the proper way. With our products, you can do this in many different ways.<\/p>\n<h3 id=\"it-is-all-based-on-woocommerce\">It is all based on WooCommerce<\/h3>\n<p>We have decided to integrated <a href=\"https:\/\/wordpress.org\/plugins\/woocommerce\/\" target=\"_blank\" rel=\"noopener\">WooCommerce<\/a> as an eCommerce platform, so you can get all the cool stuff provided by this amazing plugin, like invoicing, sale reports, 100+ payment gateways, countless community and so much more.<\/p>\n<p>WooCommerce is the most powerful free eCommerce addon for WordPress. It offers numerous payment options and all the possible solutions you might need for online store.<\/p>\n<h3 id=\"what-are-the-main-earning-methods-that-you-can-use\">What are the main earning methods that you can use?<\/h3>\n<p>Depending on your business model, you can go in different directions, when talking about making money. Here are some of the methods that you can start with:<\/p>\n<ul>\n<li><a class=\"\" href=\"https:\/\/utillz.com\/docs\/brikk\/monetize-your-business\/plans\/\">Submission plans<\/a><\/li>\n<li><a class=\"\" href=\"https:\/\/utillz.com\/docs\/brikk\/monetize-your-business\/promotions-boosts\/\">Listing promotions (boosts)<\/a><\/li>\n<li><strong>Banner ads<\/strong><\/li>\n<li><a class=\"__link-hash\" href=\"#fees\">Fees<\/a><\/li>\n<\/ul>\n<h3 id=\"fees\">Fees<\/h3>\n<p>We have separated the fees into two types: <strong>service fees<\/strong> and <strong>host fees<\/strong>. Both types are work the same way, the only difference is which party will be affected by the fee calculation. You can manage the fees by going to <strong>Listing types <i class=\"material-icon-arrow_right_alt __arrow\"><\/i> (edit your listing type) <i class=\"material-icon-arrow_right_alt __arrow\"><\/i> Monetize <i class=\"material-icon-arrow_right_alt __arrow\"><\/i> Payments<\/strong>.<\/p>\n<p><u><strong>Service fees<\/strong><\/u><\/p>\n<p>The host fee will be collected as commission by making any sales, using the <a class=\"\" href=\"https:\/\/utillz.com\/docs\/brikk\/listing\/action\/action-type-purchase\/\">purchase action type<\/a> (for example), and here is how it works:<\/p>\n<p>If you have a fee of 10% on your <a class=\"\" href=\"https:\/\/utillz.com\/docs\/brikk\/listing\/listing-types\/\">listing type<\/a>, and the sale price of the listing is <strong>$100<\/strong>, the system will calculate an additional <strong>%10<\/strong> and the final price will be <strong>$110<\/strong>, when the listing owner will earn <strong>$100<\/strong> and the site will collect <strong>$10<\/strong> of commission.<\/p>\n<p>In conclusion, the service fee will be paid by the end-user, the one making the payment.<\/p>\n<p><u><strong>Host fees<\/strong><\/u><\/p>\n<p>By other hard, the host fee will be deducted from the listing publisher&#8217;s earnings. Let&#8217;s assume that we have <strong>15%<\/strong> of host fee on the previous example. Then the profile for the listing owner will be <strong>$85<\/strong> and <strong>$15<\/strong> will be collected by the site owner.<\/p>\n<h3 id=\"payment-processing\">Payment processing<\/h3>\n<p>There are different methods to process the payment. In some occasions, you may need to change only a part and not the full amount, especially if the final price is a large amount.<\/p>\n<p>Here are the payment processing methods that you can use:<\/p>\n<ul>\n<li><strong>Process full payment<\/strong><\/li>\n<li><strong>Process percentage payment<\/strong><\/li>\n<li><strong>Process only security deposit<\/strong><\/li>\n<li><strong>Process only service fee<\/strong><\/li>\n<li><strong>Process full payment locally<\/strong><\/li>\n<\/ul>\n<p>You can manage this by going to admin dashboard, then navigate to <strong>Listing types <i class=\"material-icon-arrow_right_alt __arrow\"><\/i> (edit any listing type) <i class=\"material-icon-arrow_right_alt __arrow\"><\/i> Monetize <i class=\"material-icon-arrow_right_alt __arrow\"><\/i> Payments<\/strong>.<\/p>\n<h3 id=\"enable-listing-pricing\">Enable listing pricing<\/h3>\n<p>Some action types require <a class=\"\" href=\"https:\/\/utillz.com\/docs\/brikk\/listing\/action\/action-type-purchase\/#listing-pricing\">purchase action type<\/a>, in order to calculate the final price.<\/p>\n<p>In order to enable the listing pricing, just go to your admin dashboard, then navigate to <strong>Listing Types <i class=\"material-icon-arrow_right_alt __arrow\"><\/i> (edit your listing type) <i class=\"material-icon-arrow_right_alt __arrow\"><\/i> Listing <i class=\"material-icon-arrow_right_alt __arrow\"><\/i> Pricing<\/strong>, then check the option <strong>Allow pricing<\/strong>. This will trigger the price for your submission page and anywhere needed.<\/p>\n<p>Other useful options that you can consider in the same section are:<\/p>\n<ul>\n<li><strong>Price is not required<\/strong> \u00e2\u20ac\u201d Check this option if your listings can be for free.<\/li>\n<li><strong>Allows extra pricing<\/strong> \u00e2\u20ac\u201d Check this if you want to allow the users to add additional prices like additional fees.<\/li>\n<li><strong>Allow addons<\/strong> \u00e2\u20ac\u201d This option will allow the users to add additional pricing options for extra charge.<\/li>\n<\/ul>\n<a class=\"\" href=\"https:\/\/utillz.com\/docs\/brikk\/listing\/pricing\/\">Learn more about pricing<\/a>\n<p>&nbsp;<\/p>\n<h3 id=\"orders\">Orders<\/h3>\n<p>This is something very important you should keep in mind. All the payments will be processed through the WooCommerce. This will create a user order for every purchase in the site.<\/p>\n<p>The order will appear in the user dashboard, under <strong>Orders<\/strong>, and also in the backend, under <strong>WooCommerce <i class=\"material-icon-arrow_right_alt __arrow\"><\/i> Orders<\/strong>.<\/p>\n\r\n        <div class=\"warning warning-alert has--tooltip\">\r\n                            <span class=\"__tooltip\">Important<\/span>\r\n                        <div class=\"__inner\">\r\n                <div class=\"__content\">\r\n                    <p>Please note that an order with status <u>Complete<\/u>, is required, in order to trigger any actions. By default, and based on your payment methods, your orders may appear with status Processing.<\/p>\n<p>You need to complete these order manually, once you have verified a success payment, or you can use a 3rd party plugin, like <a href=\"https:\/\/wordpress.org\/plugins\/autocomplete-woocommerce-orders\/\" target=\"_blank\" rel=\"noopener\">this one<\/a>, to do it automatically.<\/p>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\r\n        \n<h3 id=\"manage-the-user-earnings-and-transactions\">Manage the user earnings and transactions<\/h3>\n<p>All the user transactions will appear under <strong>Users <i class=\"material-icon-arrow_right_alt __arrow\"><\/i> Earnings<\/strong>, using the registration email of the user. In this section you can keep a track on the user&#8217;s earnings, payouts and every transaction that was made. You can also delete and add new transactions, but you have to pay some extra attention when doing that.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We know how important is to monetize your business the proper way. With our products, you can do this in many different ways. It is &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":53,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/utillz.com\/docs\/brikk\/wp-json\/wp\/v2\/pages\/165"}],"collection":[{"href":"https:\/\/utillz.com\/docs\/brikk\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/utillz.com\/docs\/brikk\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/utillz.com\/docs\/brikk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/utillz.com\/docs\/brikk\/wp-json\/wp\/v2\/comments?post=165"}],"version-history":[{"count":0,"href":"https:\/\/utillz.com\/docs\/brikk\/wp-json\/wp\/v2\/pages\/165\/revisions"}],"wp:attachment":[{"href":"https:\/\/utillz.com\/docs\/brikk\/wp-json\/wp\/v2\/media?parent=165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}