Marketplace Set Up #3 - How To Set Up Marketplace Rates

Overview

Marketplace rates let you sell your products to any Rezdy reseller in the Marketplace (excluding Online Travel Agents). Rezdy automatically manages the payments between you, your customer, and the Agent. 

Important: Marketplace rates are only available to Suppliers using AUD, USD, NZD, CAD, or EUR currencies. For other currencies, please click here to learn more about negotiated rates. 

What do I need to get started? 

If you haven't done so, please read Marketplace Set Up #1 - How to configure Marketplace Settings before continuing with this guide on Marketplace rates.

Are there any fees or costs for using Marketplace rates?

Yes. Rezdy charges a 2% fee on the Agent's commission to supply and maintain the secure payment connection between you, your customers, and your Agents.

This means that if you share a Marketplace rate at a 20% commission for a product, and an Agent makes a booking for that product, they only receive an 18% commission. 

How to set up a Marketplace Rate

1. Click Marketplace.
2. Choose Marketplace Rates.
3. Tick the Products you want to sell through the Marketplace.
4. Select from either the percentage or the net rate commission structure, and fill in the rate.
5. Optional: Tick to include extras.
6. Click Save Rate.

NEXT ARTICLE 

Marketplace Set Up #4 - How to find and add Agents 

Learn how to find and add agents, and start getting bookings from them, domestically and internationally.