Revenue Model of Soundify

Soundify is an audio streaming, uploading and sharing software by NCrypted Websites where anyone can create meticulous music and share them with anyone, everywhere.

This is how your business can earn its share of revenue.

Commission Based

The revenue model of Soundify enforced a commission based module. It has been fixed based upon the listener’s choice and the songs that they are downloading. The user that has uploaded the music track will end up getting paid for the particular amount of times the tracks has been downloaded by other listeners/users. The money gets allocated by the platform to the admin and to the users in accordance with the settled commission.

Admin will set commission (%) for the sellers who would be selling track online. Let’s understand with an example.

If a buyer buys an item worth of $100 USD and of the commission that has been set by admin is 10%, then seller will actually receive $90 USD and $10 USD will go to admin.

Commission Based
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