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Brokerage Commission

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Brokerage Commission - definitions

Brokerage Commission - A brokerage commission is the commission retained by a list broker for selecting and procuring customer names for a mailer. The brokerage commission is usually calculated by taking 20 percent of the base price of the order. The brokerage commission will not usually be calculated on selection charges.

[Category=Database Marketing ]

Source: NextMark, 21 July 2009 11:00:31, https://www.nextmark.com/resources/glossary-of-terms/ ?glossaryTermId=a0800000000F0bgAAC External


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Brokerage Commission - A proportion, usually set at 20%, paid to the list broker by the list owner for rental business on a list. If the transaction is arranged by the list manager, both brokerage commission and the managed commission are paid to the list manager. Broker commissions on large list orders are frequently negotiable.

[Category=Database Marketing ]

Source: Postcom, 12 February 2010 10:24:56, http://postcom.org/public/admail_image/glossary.htm External


Data Quality Glossary.  A free resource from GRC Data Intelligence. For comments, questions or feedback: dqglossary@grcdi.nl