In continuation with the mega successful LG Powerplay scheme, LG has announced the launch of LG Overdrive, in an advent to consistently enhance the profitability of its channel partners. The LG Overdrive will be valid from 1st June 2008 to 31st July 2008.
The scheme will be applicable to all the resellers and system assemblers buying from LG's authorsied Regional Distributors. LG Power Play is valid pan India on LG monitors and optical drives.
To qualify, the partner needs to buy the minimum quantity per invoice as mentioned in the table below. Extra miles get accumulated by buying in multiples of the minimum quantity.
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Speed Booster |
Milestones Achieved |
Product |
Min Qty per Invoice |
Model Numbers |
Speed Achieved / Invoice |
1st to 18th of Jun & Jul |
18th to 30th of Jun & Jul |
1st to 18th of Jun & Jul |
18th to 30th of Jun & Jul |
15" CRT |
2 |
500G |
60 |
1.2 |
1.0 |
72 |
60 |
17" CRT |
2 |
700E |
80 |
1.2 |
1.0 |
96 |
80 |
17" Flat |
1 |
T705SH |
60 |
1.2 |
1.0 |
72 |
60 |
15" LCD |
2 |
L1552S / W1642S |
150 |
1.3 |
1.0 |
195 |
150 |
17" LCD |
1 |
L1752S / L177WSB |
80 |
1.2 |
1.0 |
96 |
80 |
19" LCD |
1 |
L192WS / L194WS / W1942S |
100 |
1.3 |
1.1 |
130 |
110 |
22" LCD |
1 |
L222WS / W2242S |
150 |
1.3 |
1.1 |
195 |
165 |
24" LCD |
1 |
L245WP / L246WP |
150 |
1.3 |
1.1 |
195 |
165 |
M/Media Monitors |
1 |
L1954SM / M1921A / M1928WA |
150 |
1.3 |
1.1 |
195 |
165 |
DVD Writer |
4 |
20X/22X SATA & 20X/22X PATA |
30 |
1.2 |
1.0 |
36 |
30 |
DVD Writer |
10 |
20X/22X SATA & 20X/22X PATA |
75 |
1.2 |
1.0 |
90 |
75 |
BluRay Writer |
1 |
GGW-H20L |
1000 |
1.2 |
1.0 |
1200 |
1000 |
Commenting on this new channel scheme, Mr. R Manikandan, Business Group Head, Monitors and Optical Drives, LGEIL said, "We take this opportunity to thank the channel partners for their overwhelming response to LG Powerplay. LG reciprocates with yet another exciting channel scheme for Jun & Jul - Overdrive 2008. We will try our best to extend full support to partners in administration & execution of this scheme through structured call center & web site."
He further said, "Powerplay had become synonymous & contemporary with the cricket fever prevalent over last two months. More than 3500 partners participated in the same with uniform coverage across the country. I look forward to the same continued enthusiasm & participation from the partners. "
Fuel Multiplier:
Depending on market conditions, LG may decide to announce a
multiplication factor, by which the total miles accumulated will be
multiplied. This fuel multiplier at the start of the program is 1 and may be enhanced for specific market(s) / product(s) / period(s). Also, you get amazing rewards at every milestone.
Rewards:
The Miles thus accrued can be redeemed for various gifts / products as below.
Destination |
Miles Travelled |
Reward |
Approx MOP |
Milestone 1 |
1425 |
LG 22X DVDWriter |
1175 |
Milestone 2 |
2400 |
2 Units of 22X DVDWriter |
2350 |
Milestone 3 |
3800 |
LG 15" CRT Monitor |
3875 |
Milestone 4 |
4350 |
17" CRT Monitor |
4600 |
Milestone 5 |
5100 |
17" Flat CRT Monitor |
5625 |
Milestone 6 |
6400 |
15" Wide LCD Monitor |
7750 |
Milestone 7 |
7400 |
1 Unit of 17"Flat + 3 DVD Writers |
9150 |
Milestone 8 |
8500 |
2 Units of 17" Flat CRT Monitor |
11225 |
Milestone 9 |
9600 |
11 Units of DVD Writers |
12900 |
Milestone 10 |
11500 |
Blue Ray Writer OR 3 # of 17"F |
16850 |
Milestone 11 |
12900 |
22" LCD Monitor TV |
19400 |
Milestone 12 |
16500 |
Bangkok Trip OR LG Laptop |
25500 |
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Loyalty Bonus:
All Power Play qualifiers can get 20% additional miles as Loyalty Bonus if they achieve minimum 15% growth on the total quantity of monitors or minimum 15% growth on the total quantity of ODDs purchased in Apr-May '08.
Handshake Incentive:
All Powerplay registrants will get an auto credit of 30 miles or on registering before 10th June.
Registering for the scheme is easy by simply logging on to www.lgchannels.com/lgoverdrive . The partner would be automatically enrolled for the Overdrive Program if they are a registered member of LG Power Play. |
