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 M¢25  Funded By Mahalo ? |  February 25, 2009 02:38 AM

Why is each Mahalo dollar only 75 cents?

Now that Mahalo answers is expanding rapidly, couldn't the value of on Mahalo dollar start being worth more than 75 cents?
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wadeb wadeb
 
 February 25, 2009 02:48 AM
The site 'Mahalo' takes a 25% commission on all transactions. Therefore, when you reduce a single dollar by 25%, you'll see that dollar become $0.75

They use this commission to remain profitable and/or cover costs such as paying for: web hosting, web moderators, webmasters, etc.

They could change this percentage take, however since the site was initially released in December, they require a certain time to receive their 'breakeven point'. In addition, since the business model they've employed is recently new, it would not be wise to change the profit-split so soon or even make it variable depending on the number of users to the site.


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spoon spoon
 
February 25, 2009 02:41 AM
The cost of running a site such as this is surely expensive and they have to have a way to fund all the expenses...

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bobapril bobapril
 
February 25, 2009 02:50 AM
Part of the reason they're expanding is that they are now funding questions when the asker doesn't, to the tune of M$0.25 each. That's going to add up pretty quick, and become effectively "free money" paid by Mahalo - so if anything, it is likely to drive the conversion rate down rather than up.

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