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- This topic has 42 replies, 9 voices, and was last updated 6 years, 10 months ago by
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This would be beyond the call of duty for you guys to sort this, but if you did it would be fantastically cool!
I have just discovered the incredible plugin myCRED, a sort of internal ‘Bitcoin’ type currency system for wordpress.
Out of the box, it is bloody amazing and automatically pulls in hooks from every plugin I have installed including woocommerce and even to a lesser extent WCVendors.
However, it fails at the last hurdle with WCVendors, it allows the buyer to pay using internal credits, it debits the buyers credit account, but it doesn’t credit the Vendors account.
In fact, I’m not as yet quite sure exactly where the payment actually does end up!
There is a post here on the myCRED forums explaining the istuation http://mycred.me/support/forums/topic/how-to-convert-commissions-to-points/#post-11762
If you have time to look at that (I do understand it is not your plugin that’s failing, so don’t expect you to), anyway, it would be appreciated.
Thanks, Andrew
Hello,
New here. Great find. Was using the Woo version, happy to use the base WCV version and look at your Pro when it launches.
I’d like to second this request. I may look at this over simplistically, but I would think some way to use the WCVendors structure and instead of passing those along as ‘commissions’ pass that ‘value’ on selected product sales along as ‘points’ tying in to the myCRED points system.
It’s above my paygrade to figure out myself 🙂 but hopefully something like this makes sense and is relatively easy to implement.
Thanks in advance for your consideration.
The main site I use WC Vendors with also uses myCRED for members to buy credits as cash, and spend them on the site later (digital downloads). myCRED applies the commissions without problems every time. I’ve been using it for the last 9 or 10 months and Gabriel @ myCRED added some code already to get it to work with WC Vendors a long long time ago. 🙂
Here’s how it works:
1.) Store admin lists the “Credits” as a purchasable product. Create a new product, let’s call it $50 in credits. Price $50. Publish product.
2.) Customer goes and buys $50 Credits product. Yay! Cash in the bank. Store admin edits users account and applies 50 credits to the account.
3.) Customer goes back to your store and spends $25 on Product X from Vendor A. Customer uses the myCRED gateway that comes with myCRED at checkout.
4.) Vendor receives commission, customer has credits deducted automatically, order is complete.
Easy as that! 🙂
Notes: 50 credits = $50. In the myCRED gateway, you set the exchange rate to “1”. Profit Sharing is “0”.
Give it a shot!
Ben
Hey Ben,
Major props for the timely reply. 🙂
So I get the concept as laid out, and I’ve used Gabriel’s woo_coupon code which is great, but I was looking to have the commissions for the Vendor (for specified products) actually be paid as ‘Points.’
Vendor A has Product X for ‘sale’ for 50 – which can ONLY be paid with ‘Points’ (set up through another plugin). That product had a ‘commission’ rate set at 80%.
Buyer 1 uses 50 Points to ‘purchase’ Product X.
Buy 1 has 50 Points Deducted from their account.
Vendor A has 40 Points (not dollars/currency) Added to their account.
(And using the Banking addon in myCRED, the Bank retains 10 Points for handling the transaction).Other products may not use the Points format, and could still be paid in commissions. The Points Products are distinguished by categories and by limiting the Product Gateway options.
Hope I’ve explained this without butchering it. 🙂 Does this make any sense?
Thanks!
Sure, easy. 🙂 I’ll assume you want a 50/50 split of the “Points”. Of course, you can change that, but just for this conversations sake.
1.) PRODUCT LISTING — Set vendor % to 0. Now, the vendor will not receive a MONEY commission when the product is sold, since you only want to sell it with credits/points.
2.) MYCRED GATEWAY SETTING — Set “Profit Sharing” to 50.
Now the vendor gets half of the “points” when the checkout takes place, and no actual cash money. 🙂
You’re totally right… but there’s always a hitch, right. 🙂
WCV is fantastic in that it allows a ‘commission’ percentage to be set on a Per Product basis. The myCRED setting for Profit Share % is GLOBAL.
That precludes the ability to set varying commissions based on Vendor/Product etc… which is a critical feature that WCV provides.
I’ve also written to Gabriel about making that Profit Share setup be available on a Per Product vs. Global basis. He seems very attentive to user ideas/comments, so I hope to hear back.
OR, if there was a way to selectively ‘convert’ your ‘commissions’ (based on your Per Product settings) to be myCRED ‘points’ that would also work.
I appreciate your timely and helpful replies. I look forward to any other ideas you might have. Really glad I stumbled across this – thanks to @solosails for pointing it out.
The proper thing to do, as you have done, would be to ask myCRED Gabriel to add the per-product setting to override the Global setting. Having is rewrite WC Vendors to do something so unique and specific only for myCRED because myCRED has something that they didnt write yet is silly. 🙂 myCRED should certainly implement the feature for their own plugin, rather than relying on us to help him fix it 😉 That’s the best solution! Gabriel is usually pretty quick at his email replies and I’m sure he’ll listen.
Ben
I agree. Although I wouldn’t have thought (not being a dev, I actually have no idea) 🙂 that converting commissions would have necessitated a big rewrite. I thought it might just be some add-on/tie-in/hook type of ‘thingy’ (jargon alert!) :). But that’s why I started over there.
I should clarify, he has not pointed me here to rely on you helping him fix it. I just found this after solosails post over there and liked what I saw.
Looking forward to working with this plugin more and seeing your Pro version when you release it to the wild.
Thanks again for the help. Have a great day!
Thanks 🙂 For us, it all come down to “Who would use this feature if we wrote it?” — If the answer is you and maybe one other — it gets a priority score of very low. 🙂 If Gabriel asks that question about his own plugin and the per product setting — the answer gets a much higher score!
So, Gabriel should implement on his side. And we here, will spend our development time making WC Vendors and adding more features. Win/win for everyone! 🙂
Ben
Hi @ben ,
Thanks once again for your amazing support.
Can I just get one thing clear, you said you’d have to set a vendors commission rate to zero in order to get the ‘myCRED’ credits to be distributed? Thereby meaning that vendor can no longer receive real world commissions?
IE, presently, one can only be set to receive either cash or points?
Is this right? Thanks.
No, solosails. That was my replies to mitchcan who hijacked this thread with his own mycred requests. 😉 Its all about the gateway options! You could pay in points, cash, neither, or both.
Hi Ben,
Thanks for reply.
OK, so basically, it should work that if a buyer buys a product from a ‘vendor’ using credits, then those credits should go to the ‘Vendor’?
If so, do they pass through the payments due section or are they transferred automatically?
I did a single test (live site so cannot leave it running for long), the transaction went through, the buyers credits debited correctly, however, I don’t know where the ‘profits’ went, ie they neither turned up in the Vendors account nor the store owners account.
I will do another test to see if I missed something!
Cheers, Andrew
If you set the conversion ratio to 1, 1 credit is $1 in commissions. PayPal will not auto send commissions with myCred. That’s because myCred uses its own gateway. The commissions will show up under WooCommerce -> Commissions and you pay your vendor those manually.
Follow the quick instructions towards the top here and you’ll get a better idea how it works. Here if you need me!
Wow, it works just fine, I don’t know why it didn’t the first time around.
One thing though, at present, the points are including VAT, so with a exchange rate of 1 and a product of £10 (less VAT), the points awarded at checkout = 12 (inc VAT)
Is there anyway to stop the points including the VAT part as there is no VAT owing on a transaction that doesn’t pay the government.
I guess you’re going to say make the exchange rate 0.8 or something!?
Cheers, A
OK, now I have a headache…
Purchaser buys product using credits
purchasers credits get debited by correct amount and purchaser receives product
Vendors credits go up by an amount
BUT, in the commissions page, I now see that the vendor is owed a commission in real money value for that transaction (even though it was paid with by credits and they have already received them!?How can we stop this from happening? Otherwise, vendors will end up getting paid in points and cash by me at my expense!
Cheers
Oh. how disappointing.
This means that the myCRED gateway is mostly unless unless you are have an entirely bitcoin financed website.
:’-(
If you charge people cash to pay for credits, then it works perfectly!
After all, sites sell products for money and vendors want to be paid. 🙂
Well, it works if you only charge cash for credits.
On my site, I am trying to create an alternative credit method that users can pay each other for services outside of the website, so for example I will measure somebody’s boat for another sail loft using credits. Then I can pay another loft using the same currency for the same service.
So, even though those credits are seemingly worth nothing in financial terms, they are valuable to use as trading currency.
Users are awarded very small amounts of this currency for joining in the forums etc, so it encourages them to participate regularly, these credits are worth something for the members, so if they can sell a product for credits, it is of value.
which end is it that would have to sort this bit out? myCRED or WCvendors? or both at the same time!?
Thanks, A
It sounds like you should have a “Credits” category listing all of the products purchasable by credits, and only allow the myCRED gateway for purchasing them with a vendor commission of 0. That would work instantly and now and require no modifications to anything. This is probably the best solution and the fastest to implement.
Changing the site so it did not apply commissions when using the myCRED gateway would be something WC Vendors would handle for you, as custom development work. The minimum on custom development work is $499 and we’re a bit backlogged right now with new versions of WC Vendors, WC Vendors Pro, and a few other customization jobs we’re doing right now.
Only joking!,
Thanks for the idea, I can see how you mean it could work, but just fear that it could be quite a lot for a vendor to sort out when uploading a product, they are already a bit scared by the options I think!
Thanks again for your amazing support
We do actually accept BitCoins. 🙂
One of the best ways for vendors to learn how to use your site is make a quick YouTube instructional video and make a “New Sellers Setup Guide” page. That’s what I do! Walk them through having a new empty vendor account and how to configure their store, add products, etc…… Takes me an hour and saves me a lot of emails!
Ben
Ok, i have been trying to follow this and just want to know if this is possible. I want to charge by vendors to post listings using credits they earn by doing things on the site. If they want to post an item that costs $50, it will cost them 50 credits. If they run out of credits they can purchase lots like 5000 for $5 or something like that. Is it possible to integrate mycred with wcvendors and do this type of system?
Of course that’d be possible. You’d just have to write all the hooks, and then probably add some custom code to your Pro add/edit product template to check if they have enough credits before loading the form, something like that.
Hi. I’m able to implement WC Vendors Pro with myCRED as I’m only using myCRED payment gateway only.
Currently, my situation is:
Customer buys product (500points) from Vendor A using myCRED points. Once the checkout completed, customer gets deducted 500points and Vendor A receives 500 points instantly.But the problem is, as the website owner, I cannot let Vendor receives their commissions immediately. Because I need to make sure that Vendor A ships the correct product, ensure no refunds is made within 14 days, after that only I release the commissions in the form of points to Vendor A.
Here are my settings :
1) Vendor A receives 100% commission in each of their product setup.
2) there is no profit sharing set in myCRED payment gateway.
3) this means that each vendor receives 100% of the products they sold1) is there any settings I need to make, to hold their commissions each time customer made an order?
2) can admin go to WooCommerce > Commissions and click on Pay Vendors manually and then Vendors will receive their 100% commissions in myCRED points? Is there any conflict reported by using this method?
3) can WC Vendors Pro automatically release all commissions after 14 days of order?Please note, I’m not using any real form of cash, PayPal, etc. My site only uses purely myCRED as form of payment.
@designlab – You could simply run PHP code to deduct the points back from the member and assign them to admin. Perhaps assign them a note of “Moving points to escrow until order fulfilled…”. Then, as admin, you can assign the points back to the user later. You can hook into Woo’s order edit screen to add a link to adjust the vendors point rates too. All sorts of neat tricks you can do to automate & integrate with myCred.
Hi Ben,
I hope you are having a nice day.
I have been hired by DesignLab to solve the issues he raised above and after looking into wcVendors code, I found out that I would need a one line contribution from you. Specifically, I need you to add a do_action with the $order object and commission amount as parameters allowing me and others to play with the commissions table. That way, I could add a PayOut button at the end of each row.If you need further information, let me know through this forum topic or by email.
Thanks in advance.
Cordially, M.Hi @jeffmace , if you still need help with your listing fee feature, let me know.
Cordially, M.
@startmeup — Show me a pastebin with the old code and the new code for your action, and I’ll get it added as long as it passes!
I’ve been reading up on the form. I have a question with WC vendors and myCred.
Im building a website using WC vendors/ woocommerce. The users will simply create a store and sell their items. They also receive mycred points for doing tasks like (liking a post, commenting on a blog, etc)
I had this idea to make a point only store to sell our t-shirts and other branded items. how-ever use my store as a point only store. The vendors will run their store and get paid like normal points wont be an option (at checkout) but my store would be a point only store.
Any idea on how to set that up?
@AuctionArmory
Hi Rick,I can build an extension to allow you do that.
Let me know if you are interrested in discussing this further.Cordially, StartMeUp.
Hi, we’re hoping to use mycred as the only payment system in wc vendors, so that for example, when a transaction happens we will only credit the points to the seller once the buyer has received the product and has confirmed it is as he expected. Like escrow or something. Is it possible to do this? To wait first for the confirmation of the buyer before crediting the income to the seller?
Hi @rachaneemunar ,
Yes, it should be possible to do so, and there are actually mutiple ways to go about it.
The easiest would be to just wait a certain period of time (say two weeks) and process all commissions older than a given number of days (10 days for example) and which didn’t have any related disputes raised to you.
The non easy way would be to offer an interface to your buyers where they could validate their orders, thus processing the commissions or just changing their status and letting you process them later manually.
I can help you for both cases.
Cordially, M.
@RACHANEEMUNAR the best way to do this would be to mark all orders as ‘processing’ once received, but only apply the mycred points to the vendors upon ‘completed’. Automating it wouldnt be terribly complex, probably just a couple hours of coding to make it all pretty.
Hey @Startmeup @Ben thanks so much for your replies. We are building a marketplace with probably some customizations including the ones you mentioned, in addition to customized product descriptions and fields per product category, linked products also which is already there… wanted to ask if you guys accept customization work and how much would you charge for it? Thanks so much would appreciate if you can email us directly at [email protected] or [email protected]? Or if I can email you a formal request, which emails would you prefer? Best regards,
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