EXCLUSIVE: Wix.com Enables Partners to Sell Studio Templates in Marketplace, Expanding Earning Opportunities
Portfolio Pulse from Anusuya Lahiri
Wix.com Ltd (NASDAQ:WIX) has expanded its Wix Marketplace to allow Partners to sell Studio templates directly, enhancing their earning potential. This move is part of Wix's strategy to support agencies and freelancers by providing them with tools to grow their business, including priority support and revenue share. Partners can retain 100% of profits from template sales in 2024, aiming to transform one-off template creations into recurring revenue streams.
April 17, 2024 | 4:22 pm
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Wix.com's expansion of its Marketplace to include direct sales of Studio templates by Partners could significantly enhance the platform's attractiveness and utility, potentially increasing user engagement and revenue streams.
By enabling Partners to sell Studio templates directly in the Wix Marketplace, Wix.com is likely to see an increase in platform engagement and user satisfaction. This strategic move not only enhances the value proposition for current and prospective Partners but also could lead to increased revenue streams from the sale of templates and potentially higher stock prices in the short term due to positive market reception.
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IMPORTANCE 80
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