Glossary of Terms

What is a Take Rate?

Take Rate Definition

The take rate is the percentage of sales that a platform or marketplace takes as a commission in exchange for providing a service such as transactions processing, hosting, or other value-added services.

This is a fundamental aspect of any ecommerce business, as it directly impacts your profit margins and can vary greatly depending on your platform and pricing strategy.

Take Rate Definition

Related terms

Contract lifecycle management is the process of managing all stages of a contract, from creation to expiration.
A marketplace business model is a type of ecommerce platform where the website operator doesn't hold the inventory or the products for sale.
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