asked 176k views
5 votes
Most suppliers of travel products pay travel agencies____percent commission on any sales they make.

A) 5
B)20
C)15
D)10

asked
User Nttakr
by
8.1k points

1 Answer

1 vote

Most suppliers of travel products pay travel agencies 10 percent commission on any sales they make.

Step-by-step explanation:

Suppliers take a percentage of the final booking, not include taxes and certain costs, in return for purchases. While there are variations in the payouts per manufacturer and sales volume of your business with that individual company, the industry standard begins at 10% and can go as far as 40% for some goods.

Travel agencies generally earn 10 percent of the gross reservation and then create a payment between you (travel agent) and the agency.

Let's say, For Example, you book for Christmas to Aspen a family of 5.

If it costs $8,500, your company will be divided up by a commission of $850 (assuming your firm receives a commission of 10%). You will earn a commission of $595 on the booking with a 70-30 split commission.

answered
User TERMINATOR
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories