business model of your concept by
Conscious Coupon

business model of your concept / Published December 8, 2016 by Sathi Ranganathan

Sathi Ranganathan

business model of your concept

In terms of creating a source of revenue, we plan to charge the restaurant roughly around 15% of the sales that they create by using our app. This percentage will cover the fees for setting up server and maintaining them. This percentage will also put us in good spot when it comes to competition with other app that is doing the similar idea as us. Another step we will take to improve the business model is to get the fast food restaurant industry to sign up with us, this will give us lot more opportunity to get involved and also this will help us solve the food insecurity/food waste problem as well.