plentymarkets ZERO cuts multichannel management fee to as little as 10p/order
It’s not a bad deal, previously they had an option for a tenner a month plus a fee for the modules you wanted to use. For example you could get stock management for £10 per month and add on the Multi-channel feature at £30 per month. Now you’ll get the whole lot for free.
What you’ll get with plentymarkets ZERO is free access to all software functions such as Multi channel technology, the responsive online store, stock management system, all functions needed for order processing as well as integrated payment and fulfillment services. You’ll also enjoy free support.
The sales commission to be charged under plentymarkets ZERO is capped at £0.35 per order. Depending on your sales it could drop to as little as £0.10 per order, expect prices to fall if your monthly bill tops £250.
There’s always a dilemma when a choosing multichannel management solution, would you prefer a fixed monthly fee (which could be prohibitive or could be a bargain depending on your turnover), or is commission based fees better (although you’re monthly bill can get very expensive quickly as sales rise). plentymarkets ZERO at 35p per order seems reasonable as it’s fixed fee per item sold if you have high value products. However if you’re selling low value products then a 35p charge off a 99p sale just isn’t going to work. Edited to add: plentymarkets have clarified that the actual charge is 0.39% with a minimum per item charge of 15p and a maximum of 35p, this means that for a 99p item the cost would only be 15p.
Currently plentymarkets ZERO is only available to new customers, although plentymarkets tell us that existing clients will be able to migrate their plan after the trial phase.
“this means that for a 99p item the cost would only be 15p.”
Does the p stand for percent? Because thats a shocking deal for low value item sellers
The new pricing structure is charged based on average shopping cart value I.e you are looking at a 15pence charge on every transaction which is mitigated in the fact that you do not pay a fixed monthly licence fee.
Your minimum amount would apply to all orders up to £38.46 at which point the percentage takes over.
This means your commission on average is far higher than 0.39% for anyone with an average transaction value less than that
Commission is commission and at 0.39%+ with 15p minimum its actually going to be higher than your competitors flat fee for the majority of users
The new price structure has a minimum transaction charge of 0.15p and is
capped at 0.35p per transaction regardless of transaction value.
Feel free to try your hands on our cost calculator as all modules end to end plus
hosting are provided at £0.00
Cost calculator : https://www.plentymarkets.co.uk/prices/
I did try your calculator. Firstly it highlights that transaction value is irrelevant until you hit £38. Secondly, the scaling is absolutely shocking. £150 for 1,000 orders per month? £1,410 for 10,000? No matter which size business i simulate you’re around 6 times more expensive than similar competitors
The cost of the ERP system is relatively cheap taking into consideration the
Businesses fulfilling 10,000 orders per month get a £90 rebate as indicated on the cost calculator whilst a business that fulfills 1000 orders per month with the exact cart value of £38.00 pay £150 with onboarding and set-up for free.
I think it fair to say that the system pays for itself.
thanks for your comments, we are always open for anything that can help us to become a better software provider.
Given that you calculated with 10,000 orders and an average cart value of £38 the fee would indeed be £1,410.00, which would come down to a commission/fee/percentage of 0.37%.
The pricing is thought to be the first step into a fair for all pricing, so you only pay when you sell. I think a percentage of 0.37% is a quite fair amount, if you look at the functionality you get with plentymarkets.