New summer commission fees in Egypt

Souq.com is pleased to announce a complete restructuring of selling fees by adopting commission reductions outlined in the below table, to incite you to list more products and offers on the website and benefit from the increasing summer sales.

These reduced commission percentages are effective for a duration of two (2) months starting July, 17th on all orders received in this time period. After the expiry of the period, the previous commission values ​​and processing fees will be returned.

Any item sold for less than 200 EGP will be charged the variable commission contracted according to the commission of the item category as per the below commission table.The seller will be exempt from the fixed 15 EGP Order Processing Fee.

New category commissions are outlined in the below table (Commissions are VAT inclusive):

Commision   Category
3.39% Car Audio Systems
Diapers
Books
Cameras
Home appliance
Televisions and Home Entertainment
Mobile phones
Tablets
Computers and Printers
Devices and Video Games
10٪ Any other item

Example 1 : Order Amount > 200 EGP

Commission on Perfumes= 10%

Therefore, the commission and Processing Fees are calculated as follows:
10% of the product selling price + 15 EGP Processing Fees.

Example 2 : Order Amount > 200 EGP

Commission on mobile phones (as a category) = 3.39%

Therefore , the commission and Processing Fees are calculated as follows:
3.39% of the product selling price + 15 EGP Processing Fees.

Example 3:  Order Amount <  200 EGP

Commission on books (as a category) = 3.39%
Based on this rate , the commission and Processing Fees are calculated as follows:
3.39% of the product price and the Processing Fees will be zero (0).

Example 4: Order with two (2) items, one item > 200 EGP and the other <  200 EGP

When you sell a mobile phone for 1500 EGP + shoes for 100 EPG

The Commission for the mobile phone is calculated as follows: ( 1500 EPG) * (3.39%) = 51 EGP

The Commission on the shoes is calculated as follows: (100 EGP) * (10%) = 10 EGP

Therefore the order amount is 1600 EGP and the total commission will be 61 EGP(Mobile phone commission + Shoes commission) + 15 EGP Processing fees (order >200 EGP), therefore the total commission and processing fees for the order are 76 EGP.

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