REVENUE STREAMS
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iorad is dedicated to maximizing reach to end customers while empowering our partners to expand their businesses. Explore more examples of revenue streams below:
Standard reselling
Imagine your business as a store front. iorad is one of the products available on your shelves to customers. You control where iorad sits, when you offer it, and how you promote it. iorad handles manufacturing, delivery, and support.
When a customer wants iorad, you sell it to them on your contract paper, and you collect the payment. iorad then bills you quarterly for our "wholesale" share of the sale. That process repeats itself as long as the customer keeps using iorad, creating a stream of recurring revenue for both of us.
Content creation as service
We often see organizations with fractional training needs buy iorad.
If you are skilled in instructional design, learning strategies, or training development, this creates a unique opportunity to structure services and get paid to create and manage iorad accounts.
Offer your services as a content creator. Customers can hire you and add you to their iorad account. Then, when they have specific training needs, they can pay you to create tutorials, build Help Centers, administer sharing, etc.
Bonus Tip - The VAR model enables you to pair this with Standard Reselling to create multiple streams of revenue from a single customer.
Course and content sales
If you have specific product knowledge, leverage iorad to create content you can sell directly to customers.
If you are an expert in a particular subject matter or technology, you can create Libraries with interactive tutorials or leverage our many integrations with courseware providers and integrate tutorials to create an even deeper learning experience. Then offer access to that content or course for a fee.
Bonus Tip - The VAR model enables you to pair this with Standard Reselling to create multiple streams of revenue from a single customer.
Value added reselling (VARs)
The VAR model is all about add-ons. Complementary items that you can include alongside iorad to generate extra revenue from a single sale. Here are some examples.
iorad Training - We offer basic onboarding and training for customers, but often, customers want more customized implementations. This is a great opportunity to offer deeper services.
Content Creation - Offer custom templates and pre-populated Libraries to customers who don’t want to create from scratch.
Integration & Implementation - Many customers buy iorad for a specific software roll out like an ERP, CRM, etc. If you have expertise in a technology or domain, you can offer additional services to support them.