Q: I want to publicly apologize to Julian_Wolf, he was spot on in his 5 tacos for platform 1 taco for deal assessment.

This is not as good of a deal after I did the numbers. Follow me here:

Monthly subscription

Hulu is $5.99
Disney + $6.99
ESPN + $5.99
AppleTV $4.99
The average cost of premium subscriptions is $5.99 (we can not make money selling subscriptions as it is structured) If I charge $3.99 just to stay competitive I lose a dollar so I net $2.99 per subscriber, but then give it back when producing content. It's like burning a candle at both ends and you as the content producer is in the middle.

If I wanted to run a daily or weekly content segment that would be 30 segments or 20 hours over or an additional payout to Odeum of $80.00 at $4x per

Odeum cost of this platform $99.00 (1 code)
Apple App registration Developer program $99 (per year)
Andriod App Developer $25 (one time)

Sunken cost just to get my show on this platform is estimated $225+
Marketing cost $100-$200
Total Startup cost is $425- $500

The numbers do not work on this deal as it is currently structured.
1. You have to give us enough free hours to be profitable and like yourself be sustainable.
2. You have to allow us to be able to stack more hours per code per channel.

* You can't cut your investors off at the knees by making money on both ends. Per-user and per hour the numbers don't work for a small to mid-sized business.

I am structuring a high ticket digital product right now that I can see this working for, but I will only purchase 1 code to do one channel. I was going to purchase about 5 codes for my other lines, but until I did the numbers so the numbers only work for one of my product/services where I charge enough to make a nice spread. I will still offer my regular program course, but this will be an elite/premium package.

DigitalGrowthHacksClubPLUSOct 22, 2020
Founder Team
Jay_Odeum

Jay_Odeum

May 15, 2024

A: Excited to hear that! Look forward to helping you be successful on our platform!

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Founder
Posted: Oct 22, 2020

Thanks for your response and considering using our platform. Now you can imagine how impossible it would be to use one of the other players in this space like Vimeo OTT or Uscreen, where your cost to just have the basics of the platform with branded apps (like we are offering) is $30,000-$50,000 per year! And yet... people are doing it and making money over there. The barrier to entry is super high and our product lowers it dramatically...but its still a business and you need a lot of components to make it work. Our software alone won't solve all problems, but we hope it enables a lot of folks to get into the game. Cheers.

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Verified purchaser

Posted: Oct 22, 2020

Jay I have thought long and hard about it. I will purchase anywhere between 3-5 codes, I will make the purchase after your walkthrough of the platform on the webinar. I agree it is not a standalone service it is a complimentary service or premium add on. I did notice a lot of workout websites where that is easily a $25 subscription so I can see where that has made a lot of sense with covid and all. I am in the coaching space and I have have my money back off one sale just by saying I have this access at my premium level. It's just hard to get your hands around this deal, but I crunched my own numbers and will make it happen.

mar.iomar.ioPLUS
Posted: Dec 10, 2020

I think if I was like a short film producer or something like this I would get this. But you can just pop all that on YouTube. People can catch you on YouTube in smart TV's and any device now days. Having a channel on one of these platforms is really just vanity at this point. Plus I would not price a channel anything higher than 5 per month if I wanted subscribers, I'd make it free if possible.