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Thank you! Yes, we have two revenue models. The first is business to consumer. We take 2% of fund contributions and 8% on affiliate referrals. Our goal is to k
by idealboy 11y ago
Thank you! Yes, we have two revenue models.
The first is business to consumer. We take 2% of fund contributions and 8% on affiliate referrals. Our goal is to keep the cost below a greeting card. The average gift card is $50, which would translate to a cost of $1 for the Seedling.
The second is business to business. We take a 5% royalty on each licensed transaction. We're building our technology as modular web services so we can license some of the underlying functionality without compromising the Seedling brand. For example, Amazon could license and white label the Seedling experience and integrate it into their checkout flow.
To illustrate how that scales:
B2C: $1 billion fund contributions processed
B2B: 20 million licensed transactions
Total revenue: $110M