Don’t forget to remind your
retail and commercial accounts about the great perks they can receive based on
purchases they make throughout the year.
Retail
Co-op Program
Retail accounts earn co-op credit that can
be applied to the costs of qualified advertising, literature, merchandising and
promotional items. Co-op credit is earned with every product purchase
throughout the year. All credit is awarded at the beginning of January the
following year and expires on Dec. 31. The more an account buys in a year, the
greater the co-op percentage earned. Co-op credit is earned according to the
following scale:
Total
Annual Purchases Percentage
Earned in Co-op Credit
$0 - $7,499 3%
$7,500 - $24,999 4%
$25,000 or more 5%
Commercial
Discount Program
Commercial accounts also earn discounts
based on their annual purchases, and those discounts stay with them all year.
At the beginning of each calendar year, an account’s discount is locked in
based on its purchases over the previous 12 months. Accounts that purchase
enough to qualify for a higher discount level are granted that discount
immediately, but accounts that fall out of qualification continue receiving
their current discount rate for the remainder of the year.
United
States Spend Level Discount
$5,000 - $9,999.99 5%
$10,000+ 10%
Canada
Spend Level Discount
$6,000 - $11,999.99 5%
$12,000+ 10%
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