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It looks like sales and marketing only includes driver incentive's due to driver referrals. Referrals are likely a low number compared to the 'guaranteed minim
by aeternus 8y ago
It looks like sales and marketing only includes driver incentive's due to driver referrals. Referrals are likely a low number compared to the 'guaranteed minimum' incentives used in new markets.
Looks like the other driver incentives may not be included in revenue?
>This four percentage point improvement in Revenue as a Percentage of Bookings was driven by greater efficiency and effectiveness of driver incentives, which contributed approximately two percentage points, increased service fees and commissions, which contributed approximately one percentage point and revenue from the Select Express Drive Partner program, which contributed approximately one percentage point.
- morningmoon 8y agoLooks like the other driver incentives may not be included in revenue? Revenue is money they take in. If they pay drivers a minimum it will be an expense. I’m assuming under “cost of revenue” or “sales and marketing”, since they don’t categorize drivers as employees but contractors.