The Mudcat Café TM
Thread #1943   Message #7324
Posted By: Max D. Spiegel
24-Jun-97 - 10:51 AM
Thread Name: FUNDING THIS SITE
Subject: The Deal (for now)
So far, our deal with other companies to allow us to sell their products is as follows. It is informal, so take only the concept with you.

The Mudcat would like a 13% commision for any sales through our site. 3% cover our processing costs, and 10% goes directly into our cause. If it means that the company raises the price 13% to compensate, we are not interested.

We are about done with the best catalog system I have ever seen on the web. It provides an easy way to browse and buy right online. We use state of the art encryption and security, so we garauntee safety. You will see it in a few days with the Folk Legacy collection in it.

We accept Visa and MasterCard. Any company may use our merchant account to process credit card transactions, or they may use there own.

If they use us to process credit cards, we will take the full payment, and send a check minus our 13%. If they use their credit cards, they send us a check for our 13%.

Orders are taken into our database. When we receive them, we send them to the appropriate vendor. This can be customized by the vendor. It could be a fax or email or snail mail, and in any format. We can do it every order, every 10 orders, every day, or every week.

The vendor handles shipping. We provide the audience (marketing) take the orders (sales).

A rough draft. Anyone with serious questions, please email me directly at mspiegel@onstagemedia.com. Any general questions or comments can be posted as a follow up here on the forum. I expect this deal to evolve over time and nothing is written in stone.

later...