D-commission Dictionary
Commission
The percentage of the selling price kept by an agent for selling the produce
- Plain meaning
- The percentage of the selling price kept by an agent for selling the produce
- How to use it
- Deduct commission from the selling price before comparing channels. A higher price through an agent may earn less than a lower direct price.
- South African benchmark
- South African fresh-produce market agents work on a commission deducted from sales (Article 47).
- Country notes
- Applies the same way in all five markets.
- Calculate it
- T-C-05 Delivered Cost Calculator
- See also
- Market agent, Farm-gate price
Introduced in C4 Getting to the Buyer.