Vendor Policy
HR7 Mega Store – Vendor Policy & Commission Structure
Vendor Policy Overview
HR7 Mega Store provides a dynamic marketplace for vendors to sell their products to a global audience. To ensure a fair, transparent, and high-quality shopping experience, all vendors must adhere to the following policies:
1. Vendor Eligibility & Registration
✅ Who Can Sell?
- Businesses (registered companies, SMEs, startups)
- Individual entrepreneurs & artisans
- Dropshippers & wholesalers
✅ Registration Requirements:
- Valid business license (if applicable)
- Bank account for payouts
- Tax identification (if required by jurisdiction)
- Product authenticity documentation (for branded goods)
🚫 Prohibited Sellers:
- Unverified third-party resellers
- Vendors with a history of fraud or policy violations
2. Product Listing Guidelines
- Accurate Descriptions: Must match the actual product (false advertising will lead to suspension).
- High-Quality Images: Minimum 3 images (1200x1200px, white background preferred).
- Clear Pricing: No hidden fees; all costs must be visible at checkout.
- Prohibited Items: Counterfeit goods, weapons, illegal substances, and restricted products.
3. Commission & Fee Structure
💳 HR7 Mega Store charges a 5% commission on every successful sale.
Fee Type | Amount | Details |
---|---|---|
Transaction Fee | 5% | Deducted from the product’s selling price |
Payment Processing | 2-3% | Varies by payment method (credit card, PayPal, etc.) |
Shipping | Vendor-set | Optional: Vendors can use HR7’s logistics partners for discounted rates |
💰 Example Calculation:
- Product Price: #100
- HR7 Commission (5%): #5
- Payment Processing (3%): #3
- Vendor Receives: #92
4. Payout Schedule
- Standard Vendors: Weekly payouts (processed every Friday).
- High-Volume Sellers: Daily payouts available (eligibility based on sales performance).
- Minimum Threshold: #50 balance required for withdrawal.
5. Vendor Responsibilities
✔ Order Fulfillment:
- Ship within 1-3 business days (unless specified otherwise).
- Provide tracking info within 24 hours of dispatch.
✔ Customer Service:
- Respond to buyer messages within 24 hours.
- Handle returns/refunds as per HR7’s Return Policy.
✔ Compliance:
- Follow all local e-commerce laws (taxes, consumer rights, etc.).
- Maintain ≥ 4.5-star rating to remain in good standing.
6. Benefits for Vendors
🚀 Growth Tools:
- Free SEO optimization for product listings.
- Access to sales analytics & customer insights.
- Promotional campaigns (featured listings, flash deals).
🛡 Protection:
- Fraud detection & dispute resolution support.
- Seller insurance for high-value items (optional).
🌍 Global Reach:
- Sell to 100+ countries with HR7’s logistics network.
- Automatic currency conversion & multilingual listings.
7. Policy Violations & Penalties
⚠ Common Violations:
- Selling counterfeit/fake products
- Excessive order cancellations
- Price gouging or fee avoidance
🔨 Consequences:
1st Offense: Warning & temporary suspension
2nd Offense: 30-day suspension + withheld payouts
3rd Offense: Permanent ban
Why Sell on HR7 Mega Store?
- Low 5% Commission (Competitors charge 10-15%!)
- No Monthly Fees (Pay only when you sell).
- Millions of Buyers are ready to discover your products.
📌 Ready to start selling?