RE: TT licenseFrench,
don't leave it to 'jet and idle', rather than do my own dd, I love to put my concerns out on the board for answers in hope that we all end up with better understanding. Coulden't wish for a better foil than yourself.
Please keep up th good work. As you can see, lots of people appreciate it
Re TT License, 2-3 years ago, a TT license was about $250K up front, the annually license / maintenance is typically 15% of this amount.
I don't think there is transaction fees ontop of this, unless we are talking about transaction fees we might earn distributing their inventory over the likes of SRM (remember on TT/SB, a SRM sale results in 2 transaction fees).
Some companies, particularly larger ones will prefer to host their own website, they are then no longer as exposed to risks associated with SCS's going under and their systems being switched off.
If you think about it, an outright license will bring almost as much license fee in as we make in transaction fees on an ordinbary TT/SB deal.
PS, we already have 1 TT system out there, been there for several years now, assume they are still using the system?
Idle