$PNNX News Out - Pennexx Releases its Quarterly Re
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Posted On: 11/17/2020 10:21:38 AM
$PNNX News Out - Pennexx Releases its Quarterly Report Showing Revenue and Talks About the Potential Value of Users
Philadelphia, PA, Nov. 17, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Pennexx has conducted an analysis that shows the potential value of gaining its first million user goal on Your Social Offers ( https://yoursocialoffers.com ).
Using figures by Forbes (https://www.forbes.com/sites/tristanlouis/2013/08/31/how-much-is-a-user-worth/?sh=4c7ab3181c51 ), a million consumer users could be estimated to value a company at $120 Million dollars.
In that article Forbes found the average user to be worth $120.84, and the average revenue per user to be $3.76. Pennexx estimates that this is an appropriate value for users that join YSO as a consumer. However, we believe YSO’s merchant users are much more valuable on an individual basis. YSO has begun its subscription service at $25 per month and believes that by offering merchants more than ten ways to grow their business, that cost is easily justified by the merchant.
Pennexx states that a higher valuation of merchant users is substantiated because merchants are readily willing to pay for client acquisition. According to https://blog.flyingsaucer.nyc/customer-acquis...y-industry, the cost for a restaurant to acquire a customer through Bing is approximately $26. Pennexx believes that it can greatly reduce client acquisition cost and therefore show a great value to the consumer.
If these forward-looking estimates hold true and Pennexx achieves a million users, this would mean a tremendo
http://www.globenewswire.com/news-release/202...Users.html
Philadelphia, PA, Nov. 17, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Pennexx has conducted an analysis that shows the potential value of gaining its first million user goal on Your Social Offers ( https://yoursocialoffers.com ).
Using figures by Forbes (https://www.forbes.com/sites/tristanlouis/2013/08/31/how-much-is-a-user-worth/?sh=4c7ab3181c51 ), a million consumer users could be estimated to value a company at $120 Million dollars.
In that article Forbes found the average user to be worth $120.84, and the average revenue per user to be $3.76. Pennexx estimates that this is an appropriate value for users that join YSO as a consumer. However, we believe YSO’s merchant users are much more valuable on an individual basis. YSO has begun its subscription service at $25 per month and believes that by offering merchants more than ten ways to grow their business, that cost is easily justified by the merchant.
Pennexx states that a higher valuation of merchant users is substantiated because merchants are readily willing to pay for client acquisition. According to https://blog.flyingsaucer.nyc/customer-acquis...y-industry, the cost for a restaurant to acquire a customer through Bing is approximately $26. Pennexx believes that it can greatly reduce client acquisition cost and therefore show a great value to the consumer.
If these forward-looking estimates hold true and Pennexx achieves a million users, this would mean a tremendo
http://www.globenewswire.com/news-release/202...Users.html
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