sources of revenue
DESCRIPTION
TRANSCRIPT
Sources of RevenueNew commerce ideas and avenues to sell products &
services
Revenue Model Our revenue model is based on:
• Developing a strong sense of loyalty and community
• Building specific, well-defined markets of highly motivated, knowledgeable customers
Trusted Communities 55Connect will build dynamic, interactive
knowledge programs that will bring together communities of like-minded, knowledgeable individuals
Virtual communities will offer a broad array of programs, resources and services
These communities will instantly become a trusted meeting place for members to share and communicate
Communities provide rich environment for new sales opportunities
Sources of Revenue Building online learning or training
programs and online communities for sponsors, under contract• developing and facilitating learning or training
programs• building related social networking sites
(communities)• ongoing administration and maintenance (new
research, updated content, enrichment activities for community members, traffic analysis, etc.)
• Many other sources of consulting revenue
Sources of Revenue 55Connect builds both basic and
advanced learning or training programs and online communities, charging membership or course access fees • 55Connect will offer a multi-tiered
membership program where students can access hundreds of basic educational programs for free, while paying for premium or more advanced content, either per-use or by subscription
Sources of Revenue 55Connect will offer advertisers
access to its online communities of well-qualified, knowledgeable consumers• Annual fees from businesses wishing to
advertise their products or services (national or local) to 55Connect community members
• Transactional fees based on advertising referrals, lead generation or sales
Sources of Revenue Direct product sales
• 55Connect may act as an intermediary, to market or sell products or services directly to community members for higher profit margins
Sources of Revenue Referral or access fees for
negotiating group discounted services• Representing large virtual communities of
knowledgeable consumers, 55Connect can negotiate substantial discounts, coupons, or other concessions that reduce the cost of products or services
• 55Connect will receive fees for negotiating these services
Sources of Revenue 55Connect will see a rising asset
value to its online learning courses • Courses can be sold or used in new
consulting agreements