The table and chart below outline the company’s projected sales volume in FY2023-2024.
- 1st Program Revenues: represent the flat program fee assessed on annual or quarterly basis. The average fee charged by the company is 0.3% of a given merchant’s total sales.
- 2nd Program Revenues: represent the per-claim charges of 5% (net of 10% charged less the 3% “instant rebate”) of each item’s listed price (each item claimed by consumers through the company’s website).
The company plans to make its services available just prior to Thanksgiving 2023. The programs will be offered to the online merchants for free for the remainder three months of 2023, therefore, we will not generate any revenue from sales for the three months of year 2023.
