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by photon_off 2310 days ago
You're welcome, and I'm glad I could revive this post a bit, too :)

I am genuinely curious though, who is this app for? For what group of people is splitting proceeds really so daunting of a task that they would prefer to pay a company to do it for them?

1 comments

The idea literally came up as I watched my wife split proceeds from a workshop she held with a couple of other instructors.

Seemed like a hassle to translate the % splits to actual amounts, figure out/confirm wiring details, and then decide when to wire...I would also think the other instructors were wondering when their share was going to hit.

So I stood there thinking, what if she could pre-set percentage share, and have software split the proceeds on a per payment basis so she doesn't have to worry about getting the split amounts right and the disbursement of proceeds. Her partners wouldn't have to wait either.

Felt like the software solution would be killing many birds with one stone.

A light bulb went off in my head, as I registered a problem, and as any sane individual would nose-dived into building an app!

My wife isn't using it at the moment as her yoga studio/business is in Japan, and Stripe doesn't allow for a platform to be in a different country then its connected accounts and I chose the US to release.

The users aren't being charged to use the application. The app will absorb the costs and lump it into a fee that is charged to the final consumer.

That all said, maybe this doesn't generalize outside this particular example and the problem is too specific to her situation...

In summary, the app is for any group that is receiving proceeds from the sale of a service or product, that wants to avoid the hassles of splitting proceeds after the fact.

I think I understand when this is most relevant: when there are many different things being sold that each need to have a different split. In my mind I was thinking of a team that sold multiple products, but where the split would always remain the same.

> In summary, the app is for any group that is receiving proceeds from the sale of a service or product, that wants to avoid the hassles of splitting proceeds after the fact.

Be careful here. The app is for a narrower group than that. As mentioned above, it's probably only relevant if the group has multiple offerings where the splits are different... otherwise you're just a middleman that does, um, division.

> The users aren't being charged to use the application.

While this is technically true, the app adds a cost to the final consumer, which is the same as the business "charging" the user. I don't see this as a "feature". Basically, it's an additional cost to the business -- it should be up to the business to include a separate line item on the charge vs. just increasing their price to the consumer.

In other words, allow the business to choose "show additional fee" or not. Businesses probably prefer just increasing prices to showing the user an additional "fee".

Thanks again for the feedback. The middleman that does division is a good one!...but actually may be the simple reality...

I am going to take all this feedback and have a think.

Thanks again.