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Building a revenue and profit model - Part 7

Posted 5th November 2008 at 10:21 AM by awesometbn

Transaction commissions and fees

The famous example we can probably all relate to is eBay. The company makes billions of dollars on tiny fees charged on each transaction when you setup an auction, and again when you finally sell your item. But how can you apply this idea for your own purposes?

Let's start on a smaller, local level with my wife's example. She teaches music lessons and many times answers questions from parents about what kind of instrument they should...
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