The following commission rates apply to products sold on the ELEXBIG Marketplace. Commissions are calculated on the final selling price of each successfully completed order, excluding shipping fees, taxes, and other applicable charges unless otherwise stated.
| Category | Commission Rate |
|---|---|
| Smartphones & Tablets | 8% |
| Computers & Laptops | 8% |
| TV & Home Entertainment | 8% |
| Audio Devices | 8% |
| Gaming | 8% |
| Smart Gadgets | 8% |
| Mobile Accessories | 8% |
| Car Electronics | 8% |
| Beauty & Personal Care Electronics | 8% |
| Baby, Kids & Toys | 8% |
| Home & Kitchen | 8% |
| Renewable Energy | 8% |
Product Selling Price: ₦100,000
Category: Smartphones & Tablets
Commission Rate: 5%
Commission Deduction: ₦5,000
Vendor Settlement: ₦95,000 (excluding any additional fees, penalties, returns, refunds, taxes, or logistics charges).
ELEXBIG reserves the right to apply a minimum commission amount per order where applicable.
Products participating in:
may be subject to additional promotional charges or revised commission arrangements as communicated by ELEXBIG.
ELEXBIG reserves the sole right to determine the appropriate category classification for any product and the applicable commission rate.
ELEXBIG may review and amend commission rates from time to time based on market conditions, operational costs, category performance, or business requirements.
Updated commission rates shall become effective upon publication on the ELEXBIG Vendor Portal or other official communication channels.
By listing products for sale on ELEXBIG Marketplace, Vendors acknowledge and agree to the applicable commission rates and any future amendments thereto.
