DEFINITIONS
Share-in-Revenues (SiR) – also called Revenue Sharing – is a “the distribution of revenue or all the money that a business takes in or loses. Put simply, all stakeholders get a share of the profits and the losses when a company chooses to implement a revenue-sharing plan.” (Investopedia)
Product Service Experience – PSE
PSE Owner (PSE or PSEs) – Any product, service or experience owner who is ready to sale
Business Service Provider – BSP
BSPs – BSPs risk excess capacity on their platforms in exchange for a SiR from the sale of PSE. BSPs are businesses with platforms that reach large audiences. BSPs use a fraction of their full capacity on their platforms in order to fully pay for them, and the rest of their capacity is wasted each business period. BSPs would be willing to risk use of their excess capacity in exchange for direct SiR from the sale of a PSE, which fit their target audiences. Such PSE must be likely to sell in volume to their target audiences. BSP will risk excess space, time, and resources to launch a campaign on behalf of a PSE for this opportunity.
STEP 1: Determine If you are a PSE or a BSP.
STEP 2: Register a new Account.
Step 3: Create a Company Profile
Step 4: Create a Product, Service or Experience Offering profile use the Calculator tools to set your price or your SiR percentage
STEP 5: If you are a PSE, Create Your First Campaign
STEP 5: If you are a BSP, Search the PSE Lists for a Compatible PSE which matches your target audiences.
STEP 6: Contact PSE or BSP who share your target audiences in common and invite them to connect.
STEP 7: Make an offer, or accept an offer and Send your SiR Agreement to your new partner.
STEP 8 : Sign the SiR Agreement and begin your campaign.
STEP 9: Always Get Paid!