- Vendor Income Statistics for each Vendor
- Tracks Free to Paid Conversion Rates
- Frontend Widget with Sales Statistics
- Tracks Monthly, Yearly, and Lifetime Earnings for each Vendor
- Adds Transparency and better informs/motivates Vendors
- Summarizes Commission and Payout Status
- Requires EDD Frontend Submissions Plugin (FES) and EDD Commissions Plugin
This plugin only works for multi-vendors stores and requires FES Plugin and EDD Commissions Plugin installed. An additional integration is included to keep track of the number of reviews collected by vendor through the EDD Reviews Plugin.
Many vendors will have questions and want to be informed on a monthly basis of how they are doing in terms of sales. If vendors are not supplied with timely information, this will result in unmonitored earnings, thus making it hard to understand what the vendors need to do, change, or improve in order to optimize their revenue flows.
With only using the FES plugin, their questions are not answered and they will consume a lot of your time to answer these questions manually every single time.
A better way, therefore, is to pro-actively inform the vendors by providing them with the statistics of their earnings. This EDD FES Statistics plugin solves this gap by preparing a page that will be added to the FES Vendor Dashboard to make it easier for the vendors to understand and monitor monthly commissions earned and payout status on their own.
Admins normally are very interested to compare sales statistics from vendor to vendor and figure out the best techniques to optimize sales conversions and review collections. This plugin provides the required information of vital importance of the site admins by keeping close tracks of the sales statistics by Vendor.
This plugin also adds a Vendor Statistics Page in the Admin Dashboard to easily monitor the sales statistics to each vendor and compare monthly, last months, yearly, and lifetime sales data. This plugin requires FES and EDD Commissions plugin.
Here are the plugin’s key features:
Vendor Dashboard Earnings Summary
The main purpose of this plugin is to provide a full summary of the vendor’s earnings and payouts right on the Vendor Dashboard.
Without our plugin, the Vendor Dashboard Main Page contains nothing but the vendor’s store URL and comments from users. But once you activated our plugin, the Vendor Dashboard will be filled with important sales and review statistics of which vendors want to keep track of.
Without EDD FES Statistics Plugin
With EDD FES Statistics Plugin
This new Vendor Dashboard page enables Vendors to view their Total Number of Products (Active/Pending), Best Sellers, Total Earnings (Paid/Unpaid/Revoked), Free/Paid Orders, Free to Paid Conversion Percentage, Average Rating and Reviews Count.
The reason why we added a Free to Paid Order Percentage is that at times a good way to sell is first to offer a free version and then have the customer coming back to purchase the paid version. So our plugin helps to measure this conversion ratio on a vendor level.
Statistics Menu on Admin Area
This plugin adds a very comprehensive Statistics Page for Site Admins which you can see by going to EDD FES > Statistics.
The first section gives very detailed information regarding the following:
- Number of Vendors (Approved, Pending, Suspended)
- Active Vendors
- Best Selling Products
- Product Conversions
- Free/Paid Orders and Order Lifetime Percentage
- Vendor’s Free to Paid Conversions
- Total Earnings (Paid, Unpaid, Valid Earnings, Revoked)
- Top Vendor Earners and their Equivalent Sales
Now, not only the vendors can see their Earnings Status, but also the Site Admins. This is so important for them to quickly glance at all these very important metrics in managing a multi-vendor digital product marketplace.
The next section is the Filter Boxes where you can look for a Specific Vendor, Time Period, Active Vendors, or just search the name of the vendor.
Below that, we have added the “Recalculate All” button in case the calculation of statistics would run into technical issues. The Site Admins can just simply click on the Recalculate button and the Vendor statistics will be recalculated.
Down below a detailed list of all statistics by the vendor is provided such as the number of products, total earnings amount, the number of free/paid orders, number of reviews, conversion rates from free to paid.
Vendor Profile Statistics Page
The Site Admins can also see an individual Statistics Page right on the Vendor Backend Profile. Basically what the admin sees in this page is also the same as what the vendor sees in his Vendor Dashboard.
This feature allows the Site Admins to check upon the performance of the Vendors and see how well they are doing. This way, you can help your Vendors earn more by applying different strategies and methods mentioned in our article “How to Manage Vendors in a Digital Product Marketplace“.
Vendor Statistics Widget
You can now add a Vendor Statistics Widget on the Download Product Page. Adding this widget can better inform customers of important arguments why to buy products from this vendor as the number of products, number of sales, number of reviews, the average rating and social media profiles of this vendor can be shown. This information adds credibility and can be helpful in influencing customer’s purchase decision.
This widget basically shows a couple of things:
- Author Avatar
- Store Name
- Author Name
- Author Sign-up Date
- Products Count
- Sales Count
- Reviews Count
- Average Rating
- Author Social Links
You can customize what to show or hide on this widget anytime by going on your WordPress Backend, Appearance > Widget.
Frequently Asked Questions
Vendors will want to know how much they are selling for a given period of time. This plugin provides them with the required information.
The earnings data is extracted from the EDD Commission plugin and link to the EDD Commissions plugin page. The statistics are updated at every sale in form of a post-checkout action. Then there is a cronjob running which resets the monthly sales stats at the beginning of each month.
Statistics are always cleared at the beginning of each month.
We have prepared for that scenario by adding a recalculation button. This starts a background process (either recalculate all statistics or only for select vendors) to recalculate their earnings statistics from scratch.
The page will be added to the FES Vendor Dashboard and replaces the main page.
The answer is yes. You can adjust the look and feel of the FES Vendor Dashboard and the Widget via CSS in your theme or child theme files.
Because the widget provides more information about the vendor and can be inserted in a download sidebar. This adds trust and credibility in your vendors.
Yes, support and updates are included as long as your license is valid. Support will cover fixing technical issues with the plugin itself but does not cover customization work.