The sampling fee not including the actual product
Post# of 32981
(Total Views: 587)
Posted On: 01/25/2020 11:23:14 AM
The sampling fee not including the actual product sample adds up to around $4
How do I know?
I read it on the internet
Actually the company posted it a long time ago
These fees apply when VERB does Fulfillment or non-fulfilment by Verb
Whoever is going the fulfillment can make a little more unless VERB outsources it themselves
When a distributor sends out a free sample, the distributor can pay the S&H or they could have the customer pay. Heck, I'd pay for a Birthday Cake samples and other samples I saw from other companies
The Corporation likely breaks even on the sample, but the idea is, those sampling users turn into real customers or maybe even distributors
Customers, customers, customers
Kind of a hard thing for the Corporations to do initially. Trust giving something away for free, with no margin is going to bring you in a ton of revenue
Now they see it's working so I would imagine like Isa, more companies will join the sampling program
I removed the actual fees cause if the company wants to share those again, I'll let them do it. Remember though, if VERB is doing fulfillment, there is a small markup on the other elements.
I believe VERB can make more than .60 per sample and it's 100% margin
If you watched the Video from the Summer this is what Rory said
Remember sampling was launched I think late Summer. As more companies start leveraging it, sampling revenues will be a nice addition to VERB bottom line
Costs per sample:
$_.__ Postage
$.__ for digital processing, support, and reporting
$.__ for handling, assembly, and fulfillment
$0.__ Merchant Fee (pass through cost based on $_.__/sample)
$0.__ Mailer Costs at 2,500 (price decrease with qty increase)
How do I know?
I read it on the internet
Actually the company posted it a long time ago
These fees apply when VERB does Fulfillment or non-fulfilment by Verb
Whoever is going the fulfillment can make a little more unless VERB outsources it themselves
When a distributor sends out a free sample, the distributor can pay the S&H or they could have the customer pay. Heck, I'd pay for a Birthday Cake samples and other samples I saw from other companies
The Corporation likely breaks even on the sample, but the idea is, those sampling users turn into real customers or maybe even distributors
Customers, customers, customers
Kind of a hard thing for the Corporations to do initially. Trust giving something away for free, with no margin is going to bring you in a ton of revenue
Now they see it's working so I would imagine like Isa, more companies will join the sampling program
I removed the actual fees cause if the company wants to share those again, I'll let them do it. Remember though, if VERB is doing fulfillment, there is a small markup on the other elements.
I believe VERB can make more than .60 per sample and it's 100% margin
If you watched the Video from the Summer this is what Rory said
Remember sampling was launched I think late Summer. As more companies start leveraging it, sampling revenues will be a nice addition to VERB bottom line
Costs per sample:
$_.__ Postage
$.__ for digital processing, support, and reporting
$.__ for handling, assembly, and fulfillment
$0.__ Merchant Fee (pass through cost based on $_.__/sample)
$0.__ Mailer Costs at 2,500 (price decrease with qty increase)
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