Mumbai-based Cyberbackoffice Technologies has announced Rich Ticket, a scheme, that it promises will help channels to overcome recession.
Rich Ticket is an incentive program to reward the sales executives and sales managers in the partner organizations. The schemes are linked to the sale of two of CBO's products, LANwriter and LANarchiver.
Vinod Nair, Marketing Manager, CBO Technologies informs, "The sales representatives can claim 10 per cent of CBO's invoice value as incentives for sales of LANwriter or LANarchiver. Simultaneously, the sales managers will be entitled for 2 per cent for revenues generated by their sales reps. What is more, the incentives are over and above the usual 40 per cent margins that our partners make."
Rich Ticket will be valid up to February 10, 2009 before which the participants must submit their claims. The scheme is open for all channel companies in India.
CBO is a software development and services company. Its products include e-Desk, MyIdea, Proval, LANwriter, and LANarchiver. Presently the vendor has a presence only in Mumbai through 10 partners. But in the current calendar, the company intends to expand to new regions like Delhi, Bangalore, Pune, and Nagpur.
The company is also planning to rope in a national distributor to gain a wider market coverage.
CBO Technologies earlier functioned purley as the R&D department of Alia Group. It started its independent operations only last year by appointing a few partners in Mumbai. This year, the vendor expects to recruit at least 50 partners across key markets in the country. Through Rich Ticket program, CBO expects to get closer to partners from tier-1, tier-2, tier-3 cities.
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