The commission on each Cyclescheme sale is 10% gross (8.33% net) across all products.
8.33% is a flat fee on bikes, accessories and helmets; there is no commission variance based on type of equipment.
We have removed the VAT on the commission of helmets and you are able to claim back the VAT element of the commission - please refer to the article How do I claim back the VAT on commission?
We have a commission cap of £3000, meaning any value redeemed over that amount will have no commission applied to it.
Please check out this example of the positive impact the commission cap has:
The commission structure is listed in your Retailer Partner Agreement as follows:
Cyclescheme will be entitled to charge the Partner a commission of 8.33% of the gross Equipment value, subject to a gross Equipment value cap of three thousand pounds Sterling (£3,000), (i.e. the total applicable retail price, as specified on the relevant Certificate) in respect of each sale made under this Agreement (“the Commission”) excluding VAT.
For further support please refer to the other knowledge base articles:
