financial model

dotSilver Network Partner Support Forum / For LoveCompass Partners / financial model

Author	Message
xtianfr Member	Posted: 17 Sep 2005 03:43:12 I would like to understand better this sentence please : If partner balance reaches the release level, then the total amount becomes payable. It is the partner’s responsibility to track all figures that appear on the partner financial report and claim the earnings payout. What do you mean by release level, and, then, how to claim ? Thanks a lot.
.silver Admin	Posted: 19 Sep 2005 22:47:18 Hi xtianfr. Release level is the least amount that can be paid. For example: If the release level is 300 and you have only 250 you cannot get your money. If you have more money that your release level and you want to claim your money, you just need to write an e-mail to our administration, we check that you have this amount earned and make payment.
xtianfr Member	Posted: 19 Sep 2005 23:48:22 thanks about that, like that I already understood, but no where it is written how much is the release level, or maybe I don't see well :-(
.silver Admin	Posted: 20 Sep 2005 23:41:43 Hi xtianfr. Really good question. Soon this information will be available on your dotSilver partner account page. Our techs are working on it right now. Thank you for your notice.
xtianfr Member	Posted: 20 Sep 2005 23:59:07 Really bad reply. The partners are always required to wait .....
.silver Admin	Posted: 21 Sep 2005 00:37:54 It will be done today, don't worry...This forum was made for your questions, ideas and proposals. And of course you have to wait some time until your suggestions become alive.
xtianfr Member	Posted: 21 Sep 2005 00:44:38 dear Friends, I understand that you need time to reply, but I think this question had to be notified before starting financial feature. Personnally, I did not ask because I thought that ti will be same conditions as per lovecompass contract, which is logical !!???!!
xtianfr Member	Posted: 21 Sep 2005 11:50:34 All right, I've got the reply.. thanks a lot.
.silver Admin	Posted: 22 Sep 2005 04:25:24 Here it is: http://www.dotsilver.com/kbase/fin-overview.html
Anonymous	Posted: 26 Oct 2005 15:33:57 Ok, I'm new here and eager to get this going but I have a question along these lines... and specifically because you link directly to the outline document that has a slight error in my opinion.. "When the membership is purchased, 40% of the membership purchase amount is split in two: - 30% allocated to the balance of the web site, which this membership was purchased on; - and other 10% allocated to the web site, which this member first registered in" Now, correct me if I'm wrong but the way that you specify this, out of 40% of the membership purchase price, an additional 40% is removed and divided as per 10%:: 30% split between sites. Thus, if a membership is 20$, payment total is 8$ with 30% of the 20% going to one site (or 6$) and 10% (or 2$) going to the other site. Additionally, you don't mention on the page that you indicated the answer to the original question- what is the payout value? How much do we* as partners have to earn before we can claim a payout??? You have "release levels" listed in the glossary however your caveat that there might be different levels per network leaves this open. There are a lot of questions regarding the pay out and financial model that you have presented but you have a really good idea here so I'd like to get working as soon as possbile with this. I just need a few issues cleared up first. Sincerely ~S
nowherepress@yahoo.c om	Posted: 26 Oct 2005 15:40:08 oops... even my math was wrong... total payout according to the specified values above is 3.2$, with 30% being 2.40$ and 10% being .80$. that's what I meant to write.
.silver Admin	Posted: 27 Oct 2005 01:20:53 Hi nowherepress@yahoo.com, the release level is 300$ at the current moment. I've already said about it here: http://www.dotsilver.com/forum/2_158_0.html If want to know more about our financial system read this: http://www.dotsilver.com/forum/2_154_0.html And the simplified illustration is here: http://www.dotsilver.com/kbase/fin-overview.html Thanks.
mscottault Member	Posted: 27 Oct 2005 12:45:09 Thanks but you still haven't clearly outlined the percentile breakdown. If you look at this image that you linked me to:<br> <img src="http://www.dotsilver.com/img/finance_distr.gif"><br> Now, there is accurate and detailed information pertaining to the remaining 60% payout- if you look at it closely, you will see that the remainder payout is 60% and that the percentile division is 10/90 (reading left to right). However, the initial breakdown lists 40%, with a division of 30/10. Thus, the payout- according to the stated structure- is 40% of 40%, not 40% of the initial value. I understand that the structure is such that the payout breakdown is 40% initially, but I want to make sure before I start installing scripts on my site. Thanks ~S
.silver Admin	Posted: 30 Oct 2005 21:27:56 Hi mscottault. Please, read this: http://www.dotsilver.com/kbase/fin-details.html and you will find all answers about financial model there in detailes. Remember, that the dotSilver comissions is only 20% from all your earnings.