There is a marketplace with many sellers , it is get a 20% commission on each sale ,Would the revenues (not profit) be considered 20% of the sale or 100%?
let’s say a buyer buys a piece of furniture set from an online store for $50, and $40 is the seller’s cut and $10 is mine. Does that mean my store’s official revenue for this sale was $50 or just $10?
Would the revenues (not profit) be considered 20% of the sale or 100%?
-the revenue would be the 20% of the sale. Your GMV (gross merchandise volume) would be the total value (100%) of the sale.
and here are 13 Metrics for Marketplace Companies