FAQs
1. What is the starting profit sharing ratio?
Reply: The starting
profit sharing ratio will be 30/70. As a partner, your starting profit sharing
would be 30% after probation period.
2. What is the maximum
profit sharing ratio?
Reply: 49/51. As a partner,
your Cooperation Interest could reach the maximum of 49%.
3. What is the
Probationary Period?
Reply: As a partner, you
need to prove your competency during the Probationary Period of three (3)
months.
4. Does the partner
earn money during the Probationary Period?
Reply: No. A partner will have no Cooperation
Interest and no profit sharing during the Probationary Period.
5. After the
Probationary Period, what would be the term/duration of the Cooperation
agreement?
Reply: The Agreement remains
effective until either party provides termination notice.
6. What happens if the domain/website
is sold?
Reply: If the
Cooperation remains continuously for two (2) or more years, excluding the
Probation Period, the Cooperation Interest of the partner is vested. Should the
domain/website be sold after the partner is vested, the net worth of the domain/website
will be timely distributed to the parties according to their current proportionate
share specified by the Agreement.
7. What happens if a
website is sold together with other websites (websites are sold as a
portfolio)?
Reply: When a portfolio
of multiple websites is sold and the partner is vested, unless buyer specifies
the price of each component, the average worth of the domain/website will be
calculated from the sold price of a portfolio divides by the number of
domains/websites. For example, if a portfolio
of 3 websites A, B, and C is sold at $US 150,000, the average worth of a
website would be $US 50,000; and the profit sharing would be based on this
average worth which is applicable to A, B or C.
8. Why the acquisition
of a portfolio of websites, from the buyer’s/investor’s viewpoint, is more
advantageous than a single website?
Reply: A group of
websites generally compensate each other’s and has the ability to increase
active users/customers, and maximize business growth potential.
9. Does the current
list of prime domains includes all domains to be developed?
Reply: No, this is only
a partial list, there will be more prime domains to be listed for development.
10. What are
requirements for partner?
Reply: As a partner, you
are required to provide skilled workforce for website design and
implementation, maintenance, business operations, etc.
11. Who provides for
the costs and expenses of domain acquisitions, registrations and renewals?
Reply: WNI provides for
prime domain acquisitions, registrations and renewals.
12. Who provides for
web hosting?
Reply: WNI provides
upfront for the costs and expenses of web hosting and the profit distribution
is calculated after deducting web hosting costs and expenses.
13. What are the profit
distribution frequency and amount?
Reply: Profit
distribution will be on quarterly basis. If the quarterly profit does not reach
a minimum amount of $US 100, it shall be rolled over to the next quarter.
14. How would profit
sharing distribute?
Reply: As a partner,
you are required to open a PayPal account. The profit distribution shall be
done via PayPal.
15. How would a website
monetized?
Reply: Most domains
would be developed to be websites with advertisement based (Google Adsense and
alternatives) and eCommerce affiliated links (Amazon and alternatives). The
partner’s responsibility is to design and implement reviews/reports/blog about
the industry sector and keywords related to the domain name.
16. What about
monetizing in connection with social platforms Youtube, Facebook, Instagram, etc.?
Reply: The Cooperation
website to be developed from a prime domain will be an anchor for social
platforms promotion, including YouTube, Facebook, Instagram, etc. The partner
will design and incorporate reviews/reports/videos/blog on social platforms
with a website.
17. Can I apply for
more than one website/domain?
Reply: Usually, an
individual partner can be assigned one website. A company partner can be
assigned more than one website/domain.
18. How do I apply to
be a partner?
Reply: Please fill out the
required information on “Contact” link and submit. Upon approval, you will be
asked to read/review the Agreement and fill the out required information and
submit.
19. How long does the
partner selection process take?
Reply: Approximately 2-3
weeks.