Help me test Bumpsale for Micropayments and get a cool t-shirt in the process!
Yes! To help demonstrate Bumpsale incremental pricing, I will be shipping you an actual screen printed Bumpsale fistbump Sales Happen t-shirt in the mail.
Great question! In this case, "all proceeds" means net proceeds after the unavoidable costs have been paid (t-shirts, printing, shipping, payment processing fees)
We printed up 100 t-shirts and the first will sell for $1, the second will sell for $2, the third will sell for $3 and the last t-shirt will sell for $100. Using this method of pricing, the gross total is $5050. After Stripe fees (2.9% + .30 per transaction), Bumpsale fees (3% per transaction) and t-shirt printing and shipping costs, we should be able to donate over $3000 to the free bipoc therapy fund at mentalhealthliberation.org
If you're going to Arlan Hamilton's Your First Million Live event, you can pickup your t-shirt there. If there are t-shirts left after the event, they will be available for shipping.
You will see a charge from BumpMerch for this purchase.
Micropayments is just one of the many creative and varied uses of Bumpsale. With the pricing starting at a $1 and the bump price set to .01, this could be used to sell affordable and large scale access to live streaming events.
Imagine a livestream concert from your favorite artist with 2000 online attendees or a business conference that gets livestreamed to 2000 stay at home entrepreneurs. With the pricing starting at $1 and increasing by .01 cent after each sale, the most any attendee would pay would be $20.99 and the artist or conference host would make over $20,000!
First of all, that's not a question :) But seriously, feel free to email me directly at rodney@bumpsale.com with any questions you may have.