Eric Beans

speaker
153 appearances 1 recordings 1 series first heard Sep 2017 last heard Sep 2017

Eric Beans’s voice in public audio — every appearance, attributed to the second.

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About $3,600, somewhere around there.
Correct.
Servers, software, employees.
Well, our server costs run between $380 and now they're going to be more because we're actually running two concurrent server infrastructures while we do some additional porting over.
So our server costs right now are running about $900.
a month.
Um, you know, it's, it's your standard, you know, uh, three, 3% processing, uh, you know, 2.5, depending on whatever we're actually running through there.
But you know, our costs are, our costs are pretty low.
It's a nice business model overall.
I like it.
You're doing the math for me better than I can.
We negotiated it.
So we actually signed a contract for volume.
The more volume you do, the lower your costs are.
But the traditional cost for it is three quarters of a penny.
And because we got over a certain threshold, we negotiated with Twilio directly.
And we're able to reduce our monthly cost per transaction.
Yeah.
Well, originally with $1,000 a month in the next level, the next iteration, there's actually tiers at $1,000 and $5,000.
So our next iteration where we're going to get an additional break is at the $5,000 a month level.
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