Whether you're using the Phyxter, Phyxter Pro, or Phyxter Wholesale they are all free to download, create profiles, browse leads, and or submit quote requests. However, there are success fees associated with both "Home Service Providers" and "Parts Suppliers". See below for an outline for each.
Home Service Provider Success Fees:
Phyxter provides leads to home service providers free of charge, but once they have won a job, completed it, and processed the payment, Phyxter receives a transaction/success fee in the amount of 18% of the total invoice amount.
- 3% is budgeted for the Pay-It-Forward Program
- 3% is budgeted for payment processing (credit card fees for Visa, Mastercard, etc)
- 6% for lead generation/advertising
- 6% for operational expenses and profit
As you can see the margins for Phyxter are very tight, especially considering the number of leads that need to be generated in order to provide a completed job. Take this example into consideration>
Phyxter generates six leads that turn into one paying customer. Each lead cost us $30 to generate costing us a total of $180 in advertising costs (no operational expenses included). If the job invoices for $1000 Phyxter still won't break even on that lead because we still have to pay for the Pay-It-Forward campaign, payment processing, and our operational expenses.
With that said the lead we acquired could turn profitable if they continue to use Phyxter for other/future services.
If you are a Pro or a Homeowner reading this, please understand that the continued use of the Phyxter platform with all transactions occurring within the platform is the only way that our company will be able to operate at a profit. We would kindly ask that if a homeowner or a pro asks you to transact outside of the Phyxter platform that you remind them of the business model Phyxter is operating on and that it not only breaks our moral guidelines but also our terms of service.
Part Supplier Fees
Phyxter provides leads to parts suppliers through the use of our "Supplier Chat Feature". Licensed Contractors have the ability to instant message multiple nearby suppliers to request pricing and availability for parts and materials. If the parts supplier wishes to offer "Mobile Ordering" then there is a processing fee of 5%.
- 3% for processing fees
- 1% for Phyxter Rewards Points (which go back to the contractor)
- 1% for operations and profit
Phyxter operates this service as a value-added service to both suppliers and contractors and that is why we keep our fees as low as possible.
If you have any further questions about our pricing or our services please contact us as firstname.lastname@example.org.