Revenue Resources The “Wedding Experience” is built based on the Singapore’s ability to achieve multiracial society. Garnefeld et al. (2013) cite that revenue streams represent the building blocks through which the company generates income (p.18). In other words, revenue stream is the lifeblood of the company. The main sources of revenue income include commission from sales and forecast state of website subscription. The company would be receiving commission depending on the seats sold. For example, if the sales of the seats are high, the commission is expected to be high. Gallego and Hu (2014) assert that dynamic pricing mechanism depends on the market condition and the negotiation power of the buyer. Therefore, if couples required more items, the commission would rise. Advertisement generates revenue from newspaper and web. The “Wedding Experience” provides a platform through which other auxiliary products or services would be advertised. The “Wedding Experience” is also collaborating with local online display web users to advertise products and services worth more than $ 2 million. According to Aguirre, Mahr et al. (2015), website promotes sales as well as improves branding (35). Subscription to the “Wedding Experience” services would also act as a revenue stream to the business. Subscription to the “Wedding Experience” services App contributes to about 40% of the revenue realized by the company. The forecast sales from subsriction are expected to achieve a monthly revenue growth due to increased consumer traffic. From the growth perspective, the estimated sale for the first month is $.... The financial resources are expected to be generated from grin venture team, loans, investors, and government grants. Investors who find the business lucrative would be willing to invest more money to the business. As such, the business receives money for its operation
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