Revenue Sharing

Sime~Gen(tm) Inc., the company behind simegen.com, is a small corporation with an Internet domain that the owners have poured time and money into for the past year and a half. Now, with our new design launched, it is time for the domain to begin to pay back some of its costs.

Sharing the work are a number of Gatemasters, Assistant Gatemasters, and other volunteers who give unstintingly of their time and energy to make simegen.com a success. They deserve a share of whatever income they help to produce. Our revenue sharing program is also intended to encourage Gatemasters and other volunteers, new and old, to solicit advertising wherever they can, because the more income you bring to Sime~Gen Inc. and simegen.com, the more you receive.

Our current goal is to make simegen.com self-sustaining--actually making a profit is a dream for the future. If you don't help (helping yourself at the same time), eventually the seed money the owners have put in will run out, the bills will come due, and one day typing in the URL http://www.simegen.com will take you nowhere at all.

Why Revenue Sharing is better than Profit Sharing:

You get a share of profits through Profit Sharing only if there are profits. In Revenue Sharing, you get a share of the revenue whether there are any profits or not.

We do not expect to make profits for a very long time, as any income we earn beyond our ongoing expenses will go into expansion and improvement of simegen.com. But through our Revenue Sharing program you get your share off the top. You don't have to wait for us to start earning a profit to start earning income at simegen.com.

How our Revenue Sharing program works:

There is no Revenue Sharing on the agency ads in our external banner carousel.

There is Revenue Sharing on all individual advertising, whether banners (on individual pages or in the internal banner carousel), pages, or classified ads in the newsletters. See our Advertising Prices page for an idea of amounts possible.

The person who brings in advertising and places it on a website or in a newsletter receives a share of the gross payment for that advertising.

How large a percentage? For merely soliciting and placing ads created by the customers, 30% of what the advertiser pays. For actually working with the customer to create the advertising banners or pages (which of course costs the customer more), 50%.

Exception: if one person solicits and obtains the advertising and someone else does the work of creating it and/or placing it on the pages, the person who obtained the ad receives 3% of the cost, taken equally from the shares of Sime~Gen Inc. and the person who creates and/or places the ad.

Examples:

1. Gwendolyn solicits an advertising banner to place in the simegen.com carousel. The customer chooses the discount package of running the same banner for three months for $40.00.

Gwendolyn did not create the banner, but she solicited the ad and placed it, so she receives 30% of the revenue, or $12.00. Sime~Gen Inc. receives the remaining $28.00.

2. Kirk, who either doesn't have the skills or hasn't time to create the page, solicits a full-page ad from another customer to run on simegen.com for three months at a total cost of $500 (we wish!).

Jennifer, who does have the web design skills and time, is put in contact with the this second customer, and creates and places the page on simegen.com.

Kirk receives 3% of $500, or $15.00, for obtaining the advertiser.

The remaining revenue of $485 is split 50/50 between Jennifer and Sime~Gen Inc., each receiving $242.50.

Who may participate in Revenue Sharing?

Gatemasters, Assistant Gatemasters, and other volunteers. However, if you are not one of our regular volunteers, but have particular skills at creating banners or websites and would like to be on our list of people to contact when our regular staff are unavailable (or perhaps do not have the one particular skill you are good at), please contact simegen@simegen.com and let us know.

If your skill is in soliciting advertising, whether you have design skills or not, we need you! We are looking for an Advertising Manager. Just soliciting advertising will bring you 3% of each ad that comes through you. If you actually decide the placement of the ad and put it in place you earn 30%, and if you also have design skills you can earn 50% of the revenue from banners or pages you create. However, the Advertising Manager or any Assistants will not receive a percentage of ads solicited by other staff members, unless you have a hand in the work.

Sharing of Advertising Packages:

It has already happened, and will continue to happen, that advertising customers want package deals in which they require banners, pages, and ads in our newsletters. Sometimes more than one of our staff members will be involved in satisfying all their requirements. In that case, once the deal with the customer is settled on, the Sime~Gen Inc. Treasurer will compute the share of each participant on a percentage basis of the actual revenue received. In other words, a banner that alone would cost $40.00 for three months would as part of a package deal with a 20% discount cost the customer only $32.00--so the share of the person placing the banner would be 30% of $32.00, not 30% of $40.00. The same would be true for every staff member doing part of the work in this package deal: 30% or 50% of the pro-rated share of monies actually received goes to each participant.

Payment schedule:

Payments of monies due are made quarterly, in early April, July, October, and the very end of December. All monies owed you from January through March are paid in April, April through June in July, July through September in October, and the remainder of the year in late December. If the amount owed you in any quarter is less than $5.00, it will be held over to the following quarter, except for the final quarter of the year when all payments will be made, no matter how small.

Your status:

You work for Sime~Gen Inc. as an Independent Contractor. You are not our employee, but are rather paid by the job. If you purchase anything in order to do the work, or if you hire someone else to do part of the work, that is the same as if you were a building contractor building a house for us: we are in contact with you, and we pay you. The rest is only your business, not ours.

As an Independent Contractor you are obliged to perform the work you agreed to by the deadline you agreed to, but Sime~Gen Inc. has no control over what hours you work, where you are when you do the work, what hardware or software you use, etc. We do not provide you with an office, a computer, art supplies, or any other tools.

Where Sime and Gen meet, creativity happens.

This page created with Arachnophilia.

See all our Agreements