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Updated over 8 years ago,
Internet Revenue Stream
I'm starting up a wireless internet provider company and I'm thinking about partnering with building owners to get access to their facilities and tenants.
The idea is that the building owner is in a great position to help promote my services and I can provide them with a new revenue stream.
The benefit to the building owner is new monthly revenue increasing their NOI.
The benefit to their tenants is significantly better internet service.
The benefit to my company is lower customer acquisition costs and having someone else help push tenants towards my service.
I'm new to the real estate industry and looking to understand the following:
- Is this type of partnership currently being done for Internet or other tenant services? If so, what does the model look like? If not, is it worth exploring?
- How much monthly revenue would it take for this to be interesting for the building owner?