Pricing.

Everything you need, without the price tag.

Why charge a transaction fee?

We charge a 1% fee on your transactions to cover your costs as you grow.

No – we only start charging the fee once you reach $10,000 in marketplace revenue  per month.

It’s 1% of the total transactions you receive into your Stripe account via the marketplace.

Let’s say that one month your clients pay a total of $10k to your freelancers.  We would charge you 1% of that $10k and invoice you $100.

As you grow, our costs to service your marketplace also grow.  This includes data storage, transactional email, video chat and a number of other services.  You will also need more support from our team.

Some companies have pricing tiers based on number of users and others charge a fee per candidate placement.  We believe the fairest option is to charge you when you can afford it, so our fee rises according to your revenue success.

Finally, by linking your success to our fees, we are highly incentivised to support your growth however we can.

1% will cover your core costs and our support costs.

1% is also in line with industry pricing.  For example, Shopify charges 0.5% – 2%.

Yes, here’s our volume pricing:

Annual Revenue % Fee $ Fee
$120,000 0.0% $0
$1.2m 1.0% $12k
$3m 0.8% $24k
$6m 0.7% $42k
$12m 0.6% $72k
$60m 0.5% $300k
$120m 0.4% $480k
$120m+ 0.3% $480k+

Very unlikely.

When you start generating revenues of $100k+, you’ll need a solid system that can scale – a $50 WordPress template is going to start struggling at this point.  So you’ll either need to use a professional service like ours, or build your own application.

You would need to reach at least $60m sales per year before it becomes more cost effective to build your own platform and hire a tech team.  Even then, the cost and hassle is most likely prohibitive.  Here’s our math:

 

5 year costs to build your own platform:
=> Build the initial application: $50k+ (we’ve spend $500k+ on ours).
=> Hire a developer to maintain it: $50k/year (you’ll need a whole team eventually)
=> Pay for hosting, infrastructure & other services: $200/month
= $310k

 

5 year costs using Whitelance (assuming $15m sales):
=> $146k (subscription + transaction fees)

How often do we bill?

You can choose your payment plan. As you’d expect, we give a chunky discount to annual plans:

Pay Monthly: $900 / month

Pay Quarterly: $750 / month

Pay Annually: $600 / month

Contact.

Get in touch to discuss your marketplace, arrange a demo or request a trial.

Feel free to email or call us on +44 (0) 203 504 6465.