ST high on reserves due to StudioPay
StudioTraffic announced that the corporate group, mainly due to the recent launch of StudioPay, hit the 1 million dollar reserve mark this week.
Setting up their own internet payment platform which allows users to receive and send money online was a huge step for ST. Read on...
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We have fantastic news to share with all StudioTraffic members. Our reserves have hit a million dollars. Yes $1,000,000.00. This shows that our company is healthy with a good amount of reserve; this will ensure our stability even in these challenging times.
One of the reasons why StudioTraffic can reach this high amount of reserve so quickly is due to StudioPay. By switching all payouts to StudioPay, we are earning more money than ever before. This earning is channeled into our reserve, increasing the funds set aside. We have made a right decision on setting up StudioPay.
StudioPay will handle at least $8 million this year. We expect StudioPay to process at least $30 million in year 2006. To handle the increasing growth, we have just opened another office in US, making 2 offices in US. Together with the offices in Canada, Spain, The Netherlands and Malaysia, we will be able to cope with international growth. StudioPay aims to have offices worldwide. Our offices in Singapore, India and UK will be ready soon. Our staff capacity will be doubled by next month. In fact, we will be moving into bigger premises in Canada, the tremendous growth has far exceeded our original business projections. This is a very exciting time for both our staff and our members, we are constantly working to improve our members’ experience, and you will see significant changes and improvements in all aspects of our company within the coming months.
Other than recruiting more people to handle day to day management, we are going to setup a business development unit to boost our sales revenue. Not only are we working on developing and expanding our business further, we have discussed with our high earners to setup their own business development teams for StudioTraffic. This means that our high earners will recruit their own sales team and lead them to drive more business to StudioTraffic. Members should be happy as this move will only foster a tighter teamwork and maximization of all our resources. We can easily have hundreds of sales people promoting our business worldwide in this way. Effectively, this move can easily add hundreds or even thousands of people actively promoting all our businesses. You can never go wrong with so many people working together everyday to make money for you.
We will start targeting non-internet markets by providing money remittance services in all states of the US in the coming year. This will be rolled out nationwide. Imagine anyone will be able to send money regardless of the amount to anyone in the world. We are confident that this will increase our revenue tremendously in the year 2006.
We will also work on other areas such as the up and coming Studiocafe. So far, we have only touched on StudioPay. Together with all of our other Studio Programs, we are confident we will be a dynamic and exciting company, making more money for you.
Cheers,
John Horan
StudioTraffic Inc.
>>
Setting up their own internet payment platform which allows users to receive and send money online was a huge step for ST. Read on...
<<
We have fantastic news to share with all StudioTraffic members. Our reserves have hit a million dollars. Yes $1,000,000.00. This shows that our company is healthy with a good amount of reserve; this will ensure our stability even in these challenging times.
One of the reasons why StudioTraffic can reach this high amount of reserve so quickly is due to StudioPay. By switching all payouts to StudioPay, we are earning more money than ever before. This earning is channeled into our reserve, increasing the funds set aside. We have made a right decision on setting up StudioPay.
StudioPay will handle at least $8 million this year. We expect StudioPay to process at least $30 million in year 2006. To handle the increasing growth, we have just opened another office in US, making 2 offices in US. Together with the offices in Canada, Spain, The Netherlands and Malaysia, we will be able to cope with international growth. StudioPay aims to have offices worldwide. Our offices in Singapore, India and UK will be ready soon. Our staff capacity will be doubled by next month. In fact, we will be moving into bigger premises in Canada, the tremendous growth has far exceeded our original business projections. This is a very exciting time for both our staff and our members, we are constantly working to improve our members’ experience, and you will see significant changes and improvements in all aspects of our company within the coming months.
Other than recruiting more people to handle day to day management, we are going to setup a business development unit to boost our sales revenue. Not only are we working on developing and expanding our business further, we have discussed with our high earners to setup their own business development teams for StudioTraffic. This means that our high earners will recruit their own sales team and lead them to drive more business to StudioTraffic. Members should be happy as this move will only foster a tighter teamwork and maximization of all our resources. We can easily have hundreds of sales people promoting our business worldwide in this way. Effectively, this move can easily add hundreds or even thousands of people actively promoting all our businesses. You can never go wrong with so many people working together everyday to make money for you.
We will start targeting non-internet markets by providing money remittance services in all states of the US in the coming year. This will be rolled out nationwide. Imagine anyone will be able to send money regardless of the amount to anyone in the world. We are confident that this will increase our revenue tremendously in the year 2006.
We will also work on other areas such as the up and coming Studiocafe. So far, we have only touched on StudioPay. Together with all of our other Studio Programs, we are confident we will be a dynamic and exciting company, making more money for you.
Cheers,
John Horan
StudioTraffic Inc.
>>
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