This section answers the following questions:
What does payout pool mean?
How does the payout pool impact me?
How is the payout pool determined?
What can I do to increase the payout pool?
If the payout pool changes, does that change how much I make?
Is the payout pool linked to the point value?
What it means:
Payout Pool is a term that describes the amount of money to be paid out to Trunited users in a given month. The payout pool is determined by the success of the platform in a given month as it relates to revenues and expenses. Platform users directly influence both the revenue generated as well as the costs of business each month. This impact by a collection of benefiting individual users sets up the dynamic culture that is at the core of the open and social system of the Trunited payout system. The mutual alignment of company to user and user to user as it relates to the goal of payout pool size is what makes Trunited unique from all other platforms in the world.
More Background and Detail:
As Trunited users shop on the platform links everyday, brands and companies register those purchases with a clearing house which delivers the transaction details to Trunited. As those details come in, Trunited’s system issues profit points to the transacting users. Brands pay Trunited a commission and Trunited awards profit points based on the size of the commission which later converts to cash at the end of the month. The key to Trunited success is to earn as many profit points as possible. More profit points is a result of more revenue and cost-savings actions of the Trunited community.
Trunited’s accounting team monitors the inflows and outflows of money, ensuring the brands or companies process payment to the platform. As payments come in from direct Trunited.com purchases and brands link commissions, Trunited’s revenue pool grows. As the costs of doing business grow, the revenue pool decreases. By the end of the month, Trunited has received its revenue, has covered the costs of doing business and has the payout pool set. Now its time to pay out the users of the platform who shopped, shared, matched and earned profit points.
With the payout pool determined and the total points calculated, Trunited can determine its point value by dividing the payout pool by the total number of points to be paid. Once this happens, the payouts are delivered to the platform pointholders as points convert to cash.
The bigger the payout pool, the more money there is to pay out to more users. The more profit points awarded during the month usually means more users earned more points which means more money for more users. More is more is more and the bigger the payout pool, the more stable the point value becomes and the more users are attracted to the platform which adds more points to a user’s network which adds more money and the process cycles over and over again as viral growth expands the Trunited platform to the end’s of the earth where shopping is possible.
Trunited’s goal is to create a platform with a steady point value so as the users earn more points, more money is going in to their pockets. Combined with the innovative concept of Pointribution, Trunited’s aim is to offset its costs and payout the largest pool of money it possibly can. After all, its success and growth is hinged on delivering loyalty to brands and users alike. Trunited speaks loyalty with its point value. Its point value is determined by the payout pool. The success of the platform is only achieved alongside the success of the individual users. The alignment in purpose is no clearly exemplified than when users understand the purpose and drivers of a strong monthly payout pool.
Trunited users are better, together.
“The amount of the payout pool can change from one month to the next.”
Let’s assume the monthly revenue for Trunited is $100,000. The cost of doing business is $50,000. That leaves $50,000 to be paid out to the users of the Trunited Platform. Now that we have the payout pool, we need to calculate the point value. We take the payout pool, $50,000, and divide it by the total number of points in the Trunited system for that same month which let’s assume is 200,000. So, $50,000/200,000 points = $0.25/point.
As you can see, if the payout pool were higher, the point value would grow higher. Also, if the total points were higher, the point value would be lower. If the total points were lower, the point value would be lower.
Concepts and terms that provide further information: (click to learn)
Socialized Commerce, Depth Credit, Point Value, Payback Percentage, Profit Point, Pointholder, Point Value Promise, Calculating the Point Value, Protecting the Point Value, Depth Credit, Match Points, Convert Points to Cash, Three Ways to Earn, Three Areas of Commerce, Pending Points, COGS, Bonus Points
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