How to Calculate Your Margin

As a Jestfew seller, it is important to understand how to calculate your margin to ensure you are making a profit. Jestfew understands you as a seller and provides comprehensive information about the various fee types that apply to each of your sales.

Follow the steps below to calculate your margin for each of your sales:

  1. Total Jestfew fees = Commission fee + Collection fee + Shipping fee
  2. Margin (excluding GST) = Selling price of product - Total Jestfew fees

Below is an example for you to understand:

You are selling shoes on the Jestfew platform. You are selling a pair of sandals for 500 on Jestfew.

Calculate Commission Fees

Apply a commission on the product. The commission is 10% as it is a footwear category.

10% x 500 = 50

Collection Fee

If the cost of the item is 500 and the collection fee is 2%, the total collection fee will be:

2% x 500 = 10

Shipping Fee

To be fully aware of shipping fees, you must create your Jestfew account as a seller. For example, suppose the shipping fee for your product is 30 rupees (given for example only). If you want to know complete information about shipping, you need to register an account as a seller on the Jestfew platform.

Total Jestfew Fees

50 + 10 + 30 = 90

Calculate the Margins

Selling price = 500

Jestfew fee = 90

Margin = 500 – 90 = 410