Terminology

Kwik Creator
A user who wants to sell their own products on Kwik.
Sun, 14 Aug, 2022 at 11:00 AM
Kwik Fees
Portion of the commission budget retained by Kwik.
Thu, 14 Oct, 2021 at 2:42 PM
Link
You share a Kwik product or campaign through a link.
Sun, 14 Aug, 2022 at 11:37 AM
Merchant Fees
Merchant Fees = (Retail Price + Sales Tax + Shipping) * 2.9% + $0.30 Vendors will get paid out the whole sale price - merchant fees. Merchant fees are the...
Sun, 14 Aug, 2022 at 11:39 AM
Mobile App
Coming soon. Downloadable application from the Apple App and Google Play stores. This will mimic the data on the website.
Sun, 14 Aug, 2022 at 11:40 AM
Net Payment
The amount paid to vendor after a transaction. Net Payment = Wholesale Price - Merchant Processing Fees
Sun, 14 Aug, 2022 at 11:43 AM
Post
A post is either a video or a picture that is uploaded by a user onto their profile page. Maximise influence with comments, likes, product tagging or the o...
Sun, 14 Aug, 2022 at 11:46 AM
Product
A good on the Kwik platform that is sold with a set price. Can be physical or digital.
Sun, 14 Aug, 2022 at 11:50 AM
Product Landing Page
Page that has all details about a product. Where users will view images, description, variants, and reviews about a product.
Sun, 14 Aug, 2022 at 11:53 AM
Retail Price
Final price that a good or service is sold to customers.
Sun, 14 Aug, 2022 at 11:58 AM