Partners
- Custom Bid Business Partners start in one of
3 categories:
- 1. Reseller If you or your firm is in
the business of reselling software, you're probably looking for ways to enhance
your offerings to include web services. Custom Bid is the right choice
if you're looking for:
- A learning curve for your sales force that
makes them ready to compel orders in 1 hour.
- An easy ancillary sale to your current
offerings. Custom Bid is applicable to anyone wishing to put a custom
bid online, that is, just about every one of your customers.
- A quick sale since subscription pricing is
within everyone's immediate signature authority.
- A way out of collecting money. Custom
Bid does that for you.
Would you like a sale that keeps paying
every month?
- 2. Software Integrator - One advantage of a
web service is how easily it integrates with other software. If you need to
provide online bids as part of your application, let us show you how that can
be a component we can provide faster, easier, and cheaper than doing it
yourself.
- 3. Value Added Reseller Whereas
Custom Bid is a very effective tool to put bids online, it requires
someone to manage the bid process. Some Custom Bid customers are happy
to do that for themselves. Some look to marketing professionals with an
understanding of the internet. This is where a Value Added Reseller comes in,
typically with a proposal to your client that includes Custom Bid and
the services to produce a complete online marketing machine. Usually, this is
priced at many times the cost of Custom Bid alone. And this is the best
part - we become your collection agent, rolling your fee into the subscription
price and making your past due collection problems a thing of the past.
If you are a Custom Bid trail
blazer, we invite you to join our Business Partners. We are committed to
helping uncover new Custom Bid applications in areas that are profitable
for our Business Partners.
The process begins with an
application form you use to introduce yourself and
your plans. You are assigned to a Partner Advocate who responds by either
approving your application or suggesting ways to improve your value
proposition.
Once onboard, we assign you a RefCode that we use to track
your commissions. Whenever a Custom Bid customer first signs up, they
can enter a RefCode as shown to the right. This identifies them as your
customer.
As a Business Partner, you are also
assigned an account on our members-only Business Portal section. With your
RefCode and a password, you will see a page like the one below showing your
sales commissions, as well as a place to set your prices for Custom
Bid sales.
Besides a competitive commission
structure, we can provide the following to help build your Custom Bid
community:
-
- Custom website development addressing your
specialized community with a URL like www.CustomBid.com/MySpecialty. This may
include focused content you provide and signup forms automatically channeling
into your commission structure.
- Development of custom demos structured like
our baseline demo, but focused on your specialized Custom Bid
application area and with the slides linking to your signup form.
- Co-development of marketing collateral like
Powerpoint slides.
- Published authors ready to help you produce
newsworthy articles for your community's trade magazines.
- FAQs (Frequently Asked Questions)
- What are the commission
rates?
- Can I have people I train work at
this with me?
- How often can I change my
prices?
- What are the commission
rates?
- These are negotiated person-to-person and depend on
factors like how well matched your community is to Custom Bid, how much
you will do to make things happen, what you plan to charge, etc. We also
typically give more of a commission on the signup fee for resellers and
consultants since that is where you often make your most important
contribution. Such startup fee commissions can range from 20% to 50% with
monthly subscription commissions around 10%.
Value Added Resellers set
their own startup and monthly commission rates. Part-time Internet Marketing
Managers (with experience) can charge several thousand dollars per month to
develop and maintain an online bid system, for example, and we may retain
$50/mo to deliver Custom Bid and to collect and pass on their fee
automatically.
- Can I have people I train
work at this with me?
- Yes. And we can negotiate a separate RefCode for
each person you bring aboard such that you share in their commission structure.
If John Smith (RefCode=JS), for example, brings Linda Lewis aboard, her RefCode
would be JS-LL. Each time a sale goes through for RefCode JS-LL, Linda Lewis
gets her commission and so does John Smith. Such second-level commissions (to
John Smith) are typically 2% to 10%.
This borrows concepts from
multilevel marketing, but remember a major difference. Whereas most multilevel
marketing programs minimize the importance of the product being sold (often
just household commodities) relative to their compensation formulas, we look
first at the product. Our business model is not based on soap suds it is
built on Custom Bid's rock-solid, proprietary value proposition and your
specialized contribution.
- How often can I change my
prices?
- As often as you wish, every sale if you wish. If
you prefer to walk your customers through the signup process, for example, you
can have a price waiting for them that reflects your services to that
particular customer and their payment expectations.
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