Assignment #6:Revenue

The Idea:Create an online platform for renters and landlords monthly payment.

Step To Step Revenue Process:Fee revenue stream.

1 The landlord visits the site and signups. 2 Buys the annual

plan with online payment. 3 Our provider

deposits in our virtual account. 4 Each month we

transfer to a savings account.

Yearly Auto Renew Option Available For Constant Cashflow!

Step To Step Revenue Process:Transaction commission revenue stream.

1 The renter visits our website and logs in. 2 Pays his/hers

rent price using our provider. 3 Deposits 5% in

our account and 95% to landlord.

4 Each month we transfer to a savings account.

We Become a “Month To Month Tool” For Landlords And Renters!

Brainstorm Alternatives:Payment At Office:No online payment. Renter will approach to our office and make the deposit for their landlords. = Higher fixed costs and bad service

for renters.

ATM Payment:The renter deposits the rental value using and ATM service.

Renter’s insecurity and human mistakes can be presented.=

Payment Reminder:Each month the renter receives an email or SMS reminder. Then he/she meets the landlord for the payment.

Transportation issues and all the actual problems still remain!=

Revenue Model Test:

Contact 9 landlords in one week. Ask them to prepay our service with a

“VIP Promo Price” of $40 a year (50% off).

The Results…

3 Landlords Accepted!Now we have $120 in our hands and a platform to build!

COMING SOON