Brainstorm Session #1: Selling Products together
A (first) brainstorm session, how creators can work together on selling products together.
Selling Products Together (Revenue Sharing)
Nothing is more fun to brainstorm with a business partner or close friend, or even family when you got a great idea, actually, PayRequest was founded the exact same way as that.
But the hardest part is when you want to take your idea to reality, and more important if you want to sell a product online, how do you start, and how do you make sure you both together get your fair share?
How PayRequest can offer a platform for selling products together
With PayRequest it is very easy to connect your Stripe or PayPal account, also we take a small 1% fee per sale, in theory, we can take a larger fee and share this with your business partner and directly give them their share.
Steps to add someone Revenue Sharing
Create a Product via PayRequest
Activate Revenue Sharing
Add a Revenue-Sharing Partner
1. Create a Product via PayRequest
This is very simple just login in via https://dashboard.payrequest.io/auth and creates a product.
2. Activate Revenue Sharing
Default this option is off, and even when you turn it on, you can choose how much Revenue you like to share with your partners.
3. Add a Revenue Sharing Partner
Fill in the person you like to work together, and their email, and send them a request to accept your offer, they will see on what terms you invite them, and they can accept your offer.
Features
Edit products together
See all incoming revenue & what each partner gets.
Revenue Sharing Agreement: both will sign a PDF (smart contract)