Downstream Marketplace does not charge suppliers an activation fee, subscription fee, software fee, cancellation fee, contract fee, or any other hidden fees. Understanding how pricing works on Downstream Marketplace is crucial for suppliers. Here's a breakdown of the process:
Upholding Integrity of Supplier Pricing
Your pricing integrity is our priority. The base rates you provide to Downstream will not be shown publicly on the marketplace. Instead, suppliers provide us base rates for every location or yard containing inventory. These rates can include service, rental, material, and other fees such as fuel and regulatory permits.
1. Wholesale Base Rates and Pricing Engine
Suppliers provide Downstream with their base rates for each location or yard.
Downstream's advanced pricing engine then determines the appropriate final price for customers based on several factors, including your available inventory, included fees, geospatial factors, and more. Downstream Marketplace then manages taxes, payments, and collections for every transaction. You just need to set your pricing, accept bookings, and provide superior service.
2. Payments to Suppliers
Downstream will pay suppliers the base rate they provided at the time of booking acceptance, plus any surge fees and back bills for overages that occurred during the rental.
This ensures that you receive the full compensation for your services, including any additional costs incurred.
By using Downstream Marketplace, you can trust that your pricing is handled with integrity and precision, allowing you to focus on delivering excellent service to customers.