Originally Posted by
highman123
Ok thanks for the clarification - but I'm still hunting for numbers here.
Let's use some (not so exact) examples:
- Verizon Wireless provides 2 miles per dollar for shoppers
- Cartera Commerce runs the mall and buys miles
- American Airlines provides the brand and sells miles
Workflow:
Consumer buys for $100 at Verizon Wireless.
Now Verizon provides an affiliate fee of say 3% per order to Cartera. This would mean $3 go into the Cartera account.
Cartera in turn credits/provides 200 miles to the consumer.
Cartera before has bought 1 billion miles from AA for one cent each. This means it has paid $2 for 200 miles.
So Cartera makes $1 in profit on this transaction?
Can you all please help me with better (more realistic numbers) in such an example.
why would cartera only make 3%..how about 5 or 7%..after all all the marketing(advertising/selling) is done...basically if your a car saleman how much do they get...% wise..thats how much u give to cartera...