Account Discount and Co-op Reminders

by AMSOIL
January 3, 2023

January is a good time to remind your commercial, retail and installer accounts about the great perks they can receive based on purchases they make throughout the year.

 

Installer Discount Program

Installer discounts are based on the amount they purchase during the calendar year. Discounts are activated as soon as cumulative purchases reach the minimum threshold, and that discount is guaranteed for the full following year (January – December). Each installer’s 2023 discount will be based on the amount the installer purchased in 2022.

U.S. Annual Purchases            Discount

$3,500 – $24,999.99                     5%

$25,000+                                      10%

Canada Annual Purchases      Discount

$4,500 – $29,999.99                     5%

$30,000+                                      10%

 

Retail Co-op Program

Retail accounts (non-installers) 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 discounts are based on the amount they purchase during the calendar year. Discounts are activated as soon as cumulative purchases reach the minimum threshold, and that discount is guaranteed for the full following year (January – December). Each commercial account’s 2023 discount will be based on the amount it purchased in 2022.

U.S. Annual Purchases            Discount

$5,000 – $9,999.99                      5%

$10,000+                                     10%

Canada Annual Purchases      Discount

$6,000 – $11,999.99                    5%

$12,000+                                     10%