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For an idea what kind of income you're looking at from such a business. Imagine 4 million of their nearly 200 million users, do a $5 task every day. After credi
by timthelion 9y ago
For an idea what kind of income you're looking at from such a business. Imagine 4 million of their nearly 200 million users, do a $5 task every day. After credit card fees of 25.05 cents per transaction [1] that would leave 24.95 cents to snapchat for every transaction. That would be around a million dollars a day in income. Not terrible. And on valentines day, they could allow users to exchange a $5 task for a $10 coupon to Olive garden. Olive garden would, presumably give them coupons like that for free. If a million users chose that exchange, that would be an additional $4.5 million in income.
[1] https://bandcamp.com/help/selling#fee https://bandcamp.com/help/selling#fee