In 2024, PaniniClub has taken a bold step forward, embracing a significant pivot in our business model. While our approach has evolved, our core mission remains steadfast: to explore and foster mutually beneficial relationships between consumers and brands in the new retail era.
Introducing Our New Innovative Business Model: The Chef Program
At the heart of our new strategy is the Chef Program, an exciting way for our early adopters and supporters to benefit directly from our success. Here’s how it works: We set aside a percentage of each product’s first-year sales revenue through brand-direct retail channels to create a reward pool for our Chef Program members. This membership is limited to a specific number of units, making it a truly exclusive opportunity.
Why Join the Chef Program?
Revenue Sharing: Chef Program members get to share a part of the first-year revenue from brand-direct retail sales of each product. The more membership units you purchase, the larger your share of the reward pool.
Product Ownership: Besides sharing in the revenue, members will also receive the same number of product units and member swags, making it a valuable and tangible investment.
A Proven Success with the Panini101 Chef Program pilot campaign
On April 5th, we tested this innovative model with our first product, Panini101, a desktop fast charger. We first time announced the whitepaper of the Panini101 Chef Program membership at an event in the @RevTech Ventures venue attended by approximately 100 guests.
The Chef Program of Panini101:
Chef Program members are guaranteed to share 10% of Panini101’s first-year revenue from brand-direct retail channels. The more membership units you purchase, the larger your share of the reward pool. Individuals can buy up to 20 units, while companies can purchase up to 50 units.
The response was overwhelmingly positive, with over 30 units of the Panini101 Chef Program membership sold that evening. Notably, seasoned entrepreneur and investor David Matthews supported us by purchasing the maximum individual limit of 20 units.
Join Us on This Journey
We invite you to explore the details and progress of our Panini101 Chef Program. This is more than just a purchase; it’s an opportunity to be part of a groundbreaking product investment.
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Learn More
To learn more about the Panini101 Chef Program, please visit:
https://paniniclub.io/products/chef-program-membership
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