The Ledger
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Eugene Johnson: Revi grew GMV from $2M in 2019 to $15M in 2021
“So to put it in perspective, in 2019, we did two million dollars in GMV. In 2020, we did five. This year we're on track to do 15.”
Johnson: Revi charges merchants a transaction fee of around 1%
“It depends on their volume, but it's usually around one percent.”
Johnson: Revi grows Gross Merchandise Value by 10% to 15% month-over-month
“So, you know, basically we grow about 15, you know, 10 to 15% month over month.”
Johnson: Revi uses POS data for automated customer marketing campaigns
“What we do is we facilitate transactions, but instead of just stopping at the facilitation of transactions, we leverage the data almost in an e-commerce style process to drive those customers back into this door to get them to spend more and essentially get cu…”