$2 PARTY, page-9483

First 9483 Last

Share
Profile

Follow
coppergaz

4,071 Posts.

620

19/06/24

12:14

Post #: 74387853
Share

Originally posted by nakervirus: ↑

I think that customers tend to use one type of payment primarily - but maybe I'm wrong about that. Some customers use credit cards primarily for all their spending, some use debit cards, some use BNPL etc.

So I believe the true high quality customers use BNPL for the vast majority (if not all) of their expenditure.

If we focus solely on the US, there are 3.8 million customers that on average spent a total of $278 USD across 2.2 transactions during the recent January to March quarter. There isn't really data available for me to analyse this further unfortunately, but if we take the Pareto Principle I suspect 20% of the customers are responsible for 80% of the spending. This would mean 760k customers were responsible for $846.8m in spending and 6.72m tranasctions. That means each of those customers spends $1,114 across 8.8 transactions over that 3 month period.

Obviously its all speculation, but those numbers seem more realastic to me - I don't think it would be difficult at all for a regular BNPL user to spend $1,114 in 3 months - which is approx $86 per week. If anything, that weekly expenditure on BNPL still seems low to me personally.

What are your thoughts regarding the above?

Regarding the customer numbers (500k per quarter etc), I'm not entirely sure when they switched gears, but I believe at that point in time they were still focusing on growth. Once they knuckled down and decided to focus on sustainable profitable growth, they tightened their approvals, kicked off people with bad debts etc. It's entirely possible that if they opened up the flood gates again they start getting 500k new customers per quarter again - who knows! I also think their previous customer numbers were a bit dubious, and active customer numbers is a much better metric - or better yet, monthly recurring users is a better metric. They may have had promotions running at the time to bring on a bunch of new customers that only used the platform a handful of times - not sure regarding that sorry.

Expand

i aggree most people predominantly use one payment method,

im curious would you make zip your primary payment method based on the USA model where your are charged $4, $5 or $6 on every transaction?

ZIP Price at posting: $1.44 Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

The Rising Tide: How institutional adoption is shaping the future of crypto

There are more pages in this discussion • 2,310 more messages in this thread...

First 9483 Last

Add ZIP (ASX) to my watchlist

(20min delay)
Last $2.32		Change 0.225(10.8%)		Mkt cap ! $2.848B

Open	High	Low	Value	Volume
$2.20	$2.32	$2.17	$37.41M	16.70M

Buyers (Bids)

No.	Vol.	Price($)
30	215366	$2.31

Sellers (Offers)

Price($)	Vol.	No.
$2.32	211430	21

View Market Depth

No.	Vol.	Price($)
10	49748	2.300
25	236848	2.290
25	303332	2.280
13	201484	2.270
12	164894	2.260

Price($)	Vol.	No.
2.310	104713	15
2.320	338761	30
2.330	297695	28
2.340	443142	19
2.350	648583	44

Last trade - 12.38pm 28/08/2024 (20 minute delay)

ZIP (ASX) Chart

$2 PARTY, page-9483

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

The Rising Tide: How institutional adoption is shaping the future of crypto

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

$2 PARTY, page-9483

Top Stories

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

The Rising Tide: How institutional adoption is shaping the future of crypto

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News