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The term revenue sharing might be a new concept to many tracking individuals. However, in the world of GPS dealers and distributors, revenue sharing is a critical concept, and we can help. Tracking the World is continually seeking valuable partnerships with GPS dealers and distributors through shared revenue and tech support services. There are a lot of components that can go into a reliable revenue sharing program. We will break some of them down for you in simple terms.
With over a decade of industry tracking experience and offerings, Tracking the World is eager to help businesses, GPS dealers, distributors, and individuals alike with all of their tracking needs. Contact us today to learn more about what we can do for you. Check out our website, where you can find all of our amazing trackers in one location.
Here is your helpful crash course on revenue sharing in the tracking world.
Revenue Sharing Services at Tracking the World
Revenue sharing with our team is simple. We have taken our dozen-plus years of expertise and bundled that together with a wealth of knowledge to support our clients. This has enabled us to personalize tech support for you, allowing you to do the same for your clients as a GPS tracking company. This is all made possible through our streamlined revenue sharing program.
We offer services such as answering phone lines for your business and providing your customers with professional assistance and support. In return, you can reap a generous profit without per-asset fees in place. Each revenue sharing option is determined on a per-case basis. When you work with our team, we will meet with you to discuss these details and determine the specific needs of your operations.
The Purpose of Revenue Sharing Programs
Why choose to invest in a revenue sharing program in the first place when you could reap 100% of your profits? The benefits of a revenue sharing program are numerous, including reduced management burden. If you are a GPS dealer or distributor, managing all of the tasks can quickly become overwhelming. If you have a trusted and experienced partner by our side to handle most of your workload, the process is simple. That is one of the biggest reasons to consider a revenue sharing program.
However, it can also save you time and streamline your overall business systems, which can actually increase your overall profit margins. Even with a small fee for investing in a revenue sharing program, higher profits overall could still put more money directly in your pockets.
Profit Sharing Potential: Breakdown
Each unique profit sharing program is going to have its own results and profit breakdown. This will vary depending on many factors, including the number of customers you have as a GPS tracking dealer. Therefore, it can be hard to know all of the details ahead of time. Our team at Tracking the World is always happy to meet with you to help you get an estimate on these numbers. However, looking at some samples of unlimited profit potentials is a great place to begin charting your future profit sharing potential.
Some breakdown examples: a profit sharing partnership that charges around $60/month for tracking around 500 devices could earn up to $10,990.00 in residual income a month. In total, that comes in around $131,880.00 a year. Another example would be a monthly charge of $40 a month across 1,500 activated devices with a monthly earnings of $20,970. That annual breakdown could lock in around $251,640.00 a year.
Another way to think about this is the ratio of number of subscriptions to overall profit percentage. For instance, a range of 50-99 subscriptions could net you 30% in profits. Anything over 200 in subscriptions could go up to 40%. These numbers are fluid. However, they offer a great starting place to make the right choice when it comes to revenue sharing in the tracking world.
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Other Considerations
Finally, it’s worth taking all of these factors into consideration before making your final investment in a revenue sharing program. Take the cost analysis report you receive from meeting with us and compare it to your current profit margins. Chances are the numbers will be similar. In many cases, they are more significant in potential. Then, consider the amount of time, energy, and workload that you will save when pairing up with seasoned professionals. All of these factors can make your choice clear when it comes to future investment sharing.
Contact Us to Get Started!
Getting the technical support you need without losing profits is an obvious choice. Choosing our streamlined revenue sharing can help your business excel. We are happy to talk with you and discuss your options today. Just visit our website, email us at sales@trackingtheworld.com, or call us at 650-692-8200 for more information.
