We have introduced a Level based Credit System where a store owner can assign varied percentage for each level individually. The level based credit system can be enabled from the Advance Setting page of the plugin.
WordPress Admin Dashboard → Woocommerce → Referral
In this page, You can find various tabs related to plugin. Click on Advance Setting tab to configure additional settings
Enable / Disable : Via this option, a store owner can enable or disable the entire LBCs (Level Based Credit System). If the LBCS is disabled, the plugin will work on the Recursive Credit System by default.
Maximum Number of levels : This number shows the actual number of levels configured.
Credit / Commission Earning Method options : We are now providing two earning methods –
Product Price : With this method, The Referral Plugin will make use of the direct product price to calculate commission for each level.
Example: Suppose Product “A” is priced at $3,900.00 then, referrals of each level will receive commission/credits as summarised below:
- Customer – : 3900 * 10% = $390.00
- Referrer Level – 1 : 3900 * 10% = $390.00
- Referrer Level – 2 : 3900 * 05% = $195.00
- Referrer Level – 3 : 3900 * 03% = $117.00
- Referrer Level – 4 : 3900 * 02% = $078.00
In the above example, there are 4 levels, and credit percentage is set to 10%, 5%, 3% and 2% respectively. Also, the Plugin has an option to provide credit/commission to customers. For that matter, it is set to 10%.
Credit / Commission : This method is more lucid and is widely used and supported. Here The Referral Plugin will first calculate the commission/credit in accordance to the globally set percentage, and, that percentage will then be used to calculate the commission/credit for each of the levels.
Example: Suppose Product “A” is priced at $3,900.00 and the global credit/commission percentage is set to 20% then, the total commission/credit on this product would sum up to $780.00. Referrals on each levels will receive the commission/credits as summarised below
- Customer – : 780 * 35% = $273.00
- Referrer Level – 1 : 780 * 30% = $234.00
- Referrer Level – 2 : 780 * 20% = $156.00
- Referrer Level – 3 : 780 * 10% = $078.00
- Referrer Level – 4 : 780 * 5% = $039.00
In above example, first it calculates the total commission/credits which need to be distributed between all referrers and customers. The global percentage defined within the WooCommerce settings tab, is used to calculate these points. Then, the total points will be distributed in accordance to the set percentage for each levelled referrer and customer.
Add Another Level : This button helps to add another referral level along with the option to set percentage for that level.
Delete Last Level : This button will remove the last added level.
Save Changes : This button will save all the modifications done within the database.
Credit / Commission Earning Methods
Credit / Commission Earning Method options : We are now providing two earning methods –
Product Price : With this method, The Referral Plugin will make use of the direct product price to calculate commission for each level. Example: Suppose Product “A” is priced at $3,900.00 then, referrals of each level will receive commission/credits as summarised below:
- Customer – : 3900 * 10% = $390.00
- Referrer Level – 1 : 3900 * 10% = $390.00
- Referrer Level – 2 : 3900 * 05% = $195.00
- Referrer Level – 3 : 3900 * 03% = $117.00
- Referrer Level – 4 : 3900 * 02% = $078.00
In the above example, there are 4 levels, and credit percentage is set to 10%, 5%, 3% and 2% respectively. Also, the Plugin has an option to provide credit/commission to customers. For that matter, it is set to 10%.
Credit / Commission : This method is more lucid and is widely used and supported. Here The Referral Plugin will first calculate the commission/credit in accordance to the globally set percentage, and, that percentage will then be used to calculate the commission/credit for each of the levels. Example: Suppose Product “A” is priced at $3,900.00 and the global credit/commission percentage is set to 20% then, the total commission/credit on this product would sum up to $780.00. Referrals on each levels will receive the commission/credits as summarised below
- Customer – : 780 * 35% = $273.00
- Referrer Level – 1 : 780 * 30% = $234.00
- Referrer Level – 2 : 780 * 20% = $156.00
- Referrer Level – 3 : 780 * 10% = $078.00
- Referrer Level – 4 : 780 * 5% = $039.00
In above example, first it calculates the total commission/credits which need to be distributed between all referrers and customers. The global percentage defined within the WooCommerce settings tab, is used to calculate these points. Then, the total points will be distributed in accordance to the set percentage for each levelled referrer and customer.
The following table shows How effectively we can use these methods ?
Ideal percentage setting example for both the methods. | |||
| Method 1 : Product Price | Method 2 : Commission / Credit | ||
| Product Price (A) | $4000.00 | Product Price (A) | $4000.00 |
| – | – | Global Credit Percentage (B) | 20% |
| – | – | Total Commission Amount (C) | = (A*B)/100 = (4000 * 20)/100 = $800.00 |
| Customer Credit Percentage (B) = 5% | = (A*B)/100 = (4000*5)/100 = $200.00 | Customer Credit Percentage (D) = 10% | = (C*D)/100 = (800*10)/100 = $80.00 |
| Referrer Level 1 Credit Percentage (C) = 10% | = (A*C)/100 = (4000*10)/100 = $400.00 | Referrer Level 1 Credit Percentage (E) = 40% | = (C*E)/100 = (800*40)/100 = $320.00 |
| Referrer Level 2 Credit Percentage (D) = 8% | = (A*D)/100 = (4000*8)/100 = $320.00 | Referrer Level 2 Credit Percentage (F) = 30% | = (C*F)/100 = (800*30)/100 = $240.00 |
| Referrer Level 3 Credit Percentage (E) = 5% | = (A*E)/100 = (4000*5)/100 = $200.00 | Referrer Level 3 Credit Percentage (G) = 20% | = (C*G)/100 = (800*20)/100 = $160.00 |
| Total Commission Distributed (F) | = B+C+D+E = 200+400+320+200 = $1120.00 | Total Commission Distributed (H) | = D+E+F+G = 80+320+240+160 = $800.00 |