Simmtronics knows how to keep their billing partners happy, the company recently announced Freedom to Earn More, an incentive scheme for its direct billing partners as a part of the Independence day celebrations.
The ‘Freedom To Earn More’ scheme is valid on bundles of Simmtronics motherboard SIMM-INT G-31E [E] and memory module 1GB DDR2 667/800 MHz. The company boasts more than 180 direct billing partners, located all across the country.
Vinit Shangle, National Sales Manager, Simmtronics Semiconductors Limited, mentioned, “This scheme is intended at enthusing new life and vigor amidst the channel network that has had to face low sales coupled with a steep dip in margins and gloomy market scenario in the recent past. The international prices for DDR2 memory modules have rocketed up by about 25% in the last 10 to 12 days. To compound the problem further, the G31 chipset-based motherboards are in short supply owing to which its prices have shot up by 15% to 20%. These international market developments have created a gloomy scenario in the market and the channel partners struggling for margins. As it is they had been operating on wafer thin margins owing to the stiff competition in the trade.”
“At Simmtronics, we understand the channel business and its pain points well enough. The “Freedom to Earn More” scheme is intended at providing some respite to our direct billing partners on the occasion of Independence Day. This unique offer which bundles two of our flagship products shall allow our partners to earn 3% extra margin. This would definitely be welcomed and lapped at by them especially when trade margins are dwindling by the day all over,” he continued.
The direct billing partners can gain from the scheme when they sell the product bundles in unit slabs of 20, 60 and 100. The billing partners can submit their invoices in any of the 16 branch offices of Simmtronics. Further, the slabs of 20, 60 and 100 for the bundle and payout are applicable for same day invoices. Direct billing partners cannot combine the invoices of separate days within the program period.
The scheme starts from August 12, 2009 and will last for seven days, till August 18, 2009. Apparently, the claims shall be settled by September 18, 2009.
