Just wanted to give a quick shoutout to the team at Redbox for something that’s made a real difference for us at We Eat Local – the Monday payout schedule.
Having automatic weekly payouts land every Monday (covering everything up to Sunday) has been a genuinely powerful feature when chatting to new takeaway partners. It’s such a simple thing, but when you’re up against the bigger platforms that hold onto payouts for days (or weeks), being able to say “you’ll get your money every Monday without fail” really lands well.
It’s helped us stand out, and more importantly, it gives our partners a bit more control over their cashflow – which, as we all know, can be a bit of a nightmare in this industry.
Massive credit to the Redbox team – I know there’s been a load of hard work behind the scenes to get it right, and it’s appreciated.
Curious to hear what other marketplace owners think – do your partners comment on the payout schedule? Have you found it helps with signups or retention?