What is Revenue Sharing?
Last updated
Last updated
So, what is the revenue-sharing model...Let's try to explain it as we would to a five (5) year old :) Imagine that you and your friend decide to do a lemonade stand together. You both work hard to make the lemonade, set up the stand, and attract customers. Now, let's say you agree to share the money you make with your friend.
Revenue sharing is a bit like that. It's when two or more people or companies work together on a project or business, and they decide to share the money they earn from it. So, if your lemonade stand makes $10, you might decide to split it equally, with each of you getting $5. That way, everyone feels happy and motivated to keep working together. It's a way of saying, "We're in this together, so let's share the success!"