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| Simmtronics offers its direct billing partners a week of 'Freedom to Earn More' |
| Announcement / Corporate Aug 13, 2009, 20:05 IST |
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A unique scheme on the occasion of Independence Day that spells profits for all.
Simmtronics Semiconductors, one of the leading brands in memory module, motherboards and VGA cards business; ranked amidst Top 5 memory companies in the world and also ranked as No. 1 memory module company in Asia-Pacific besides a few other countries has announced “Freedom to Earn More” - a unique incentive scheme for its direct billing partners on the occasion of Independence Day.
This scheme is applicable on bundles of Simmtronics motherboard SIMM-INT G-31E [E] and Simmtronics memory module 1GB DDR2 667/800 MHz. Simmtronics’ direct billing partners, which are approximately 1800 in number and spread across various important markets in the country, can avail benefits of the scheme as and when they sell the aforementioned product bundles in unit slabs of 20, 60 and 100.
According to Mr. Vinit Shangle, National Sales Manager, Simmtronics Semiconductors Limited, “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,” Mr. Shangle further elucidated.
The “Freedom to Earn More” scheme is valid for 7 days starting from August 12, 2009 to August 18, 2009 and the claims for the same shall be settled within a month i.e. latest by September 18, 2009. Simmtronics direct billing partners can contact any of the 16 branch offices that the company has all over India to gain more information about the scheme, submit their invoices and avail the promised benefit in exchange by the due dates. The slabs of 20, 60 and 100 for the bundle and payout are valid for same day invoices. Invoices of separate days within the program period cannot be clubbed together by direct billing partners for claims of higher value or slab.
About Simmtronics
Simmtronics® is the Registered Trademark of Simmtronics Semiconductors Limited. The Company has three manufacturing facilities globally. It has its own sales offices in UAE, Thailand, Indonesia, Vietnam, Hong Kong, India, UK, USA and Singapore. Simmtronics Semiconductors Ltd. has close to two decades of expertise in memory business. It has won over 44 awards globally in the past 3 years including the prestigious award from Hynix Semiconductors for 2006, 2007, 2008; Best Memory Company of India award for the past 4 years; Nvidia Gold Award for motherboard and VGA cards; Gold Media Award from Intel in April 2008; and Bharat Gaurav Puraskar from the Government of India for its outstanding achievements by a company of Indian origin in the international business arena. Simmtronics supplies to the leading computer manufacturers and has a base of over 20 OEMs which include the top names in the IT industry like HP, IBM, LG, Samsung, Acer, PCS, Zenith, etc. For more information, please visit www.simmtronics.com or send a mail on sales@simmtronics.com
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