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For Global Experts on CoHostMarket offering online services and consultations, understanding how your earnings are calculated is crucial.
Here's a detailed guide tailored for you:
Setting Your Price: As a Global Expert, you set the price for your online services and consultations. This should reflect your expertise, service complexity, and market trends.
Commission Fee Applicable to Global Experts: CoHostMarket deducts a commission fee from the total service fee charged to clients. This fee varies based on your membership tier:
Basic Members: (offering only online services): 20% commission.
Platinum Members: 15% commission, with the ability to offer online consultations up to 40 minutes.
Elite Members: 10% commission, with similar online consultation privileges as Platinum Members.Net Earnings: Your earnings equal the service price minus the platform's commission fee.
For example, if a Basic Member charges $100 for a service, the net earning will be $80 after a 20% commission deduction.
Visibility and Accessibility of Earnings: After successful completion and client confirmation of the service, your earnings are visible in your dashboard. These are then subject to CoHostMarket's clearance period before becoming available for payout.
Payout Frequency for Global Experts: Basic Members can request weekly payouts. Platinum and Elite Members are eligible for daily payouts, facilitating quicker access to earnings.Tax
Considerations and Additional Fees: It's essential to consider any taxes or extra fees that might apply based on your geographic location and selected payout method.
Earnings Monitoring and Price Adjustments: Keeping an eye on your earnings and adjusting service prices based on demand, client feedback, and market dynamics is advised. This approach ensures that you remain competitive and maximize your profitability.
Exclusivity for Online Services and Consultations: This earnings structure is exclusive to Global Experts on CoHostMarket who specialize in online services and consultations, ensuring a tailored and transparent financial setup.
By understanding this earnings structure, you, as a Global Expert on CoHostMarket, can effectively manage your services, set competitive prices, and optimize your financial returns from the platform.
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