LG is all geared up with an exciting channel scheme this month for the trade partners. In sync with LG's Digital Fine Contrast Ratio of 5000:1, the company takes opportunity in rewarding all the resellers with 5000 points on each purchase of LG's 19" wide LCD monitor in March.
The program is rightly named "March Magic" and the duration of the same is from 1 st March – 31 st March 2008. All the resellers and system assemblers buying from LG's RDs are qualified under this program.
Commenting on this new channel scheme, Mr. R Manikandan, Business Group Head, IT Division, LGEIL said, "This program is intended to enhance the profitability of the channel partners. Timed with corporate buying, we are trying to hit the right chord by announcing such exciting offers on 19"W LCD Monitors. At LG, we believe in a win-win relationship and our timely schemes validate the same."
The program details are as follows:
LG 19" Wide LCD
Quantity Slabs |
Point/ Unit |
Booster Points |
Total Points |
4 |
5000 |
|
20000 |
7 |
5000 |
5000 |
40000 |
10 |
5000 |
10000 |
60000 |
15 |
5000 |
20000 |
95000 |
25 |
5000 |
45000 |
170000 |
These points can be converted to Value through a conversion factor called "X Chromosome". This conversion factor is kept as mystery, so as to disallow any probable price discounting. The key objective being profitability enhancement of the channel partners, such mystery conversion factor can help achieve the same. This will be announced by end of March through E-mailers & Press.
For the values arrived using the X Chromosome factor, the channel partners can avail any of the following redemption options – 15' CRT / 17" Flat CRT / 19" Wide LCD Monitors.
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