Improved Rebate Program to Replace Long-Running Norwood Rewards
Norwood Promotional Products, Indianapolis, will replace its points-for-purchase program (Norwood Rewards) with an improved rebate program. Norwood has earmarked the funds used to operate its Rewards program for an expanded 2008 Distributor Volume Rebate Program. Distributor principals will be contacted directly with details about the new rebate program.
Norwood Rewards was launched in 2003 with the intent of creating a positive incentive for distributor salespeople to sell Norwood products. The program, however, has generated some concerns from distributor principals.
“We’re committed to honoring the supplier-distributor principal relationship,” noted Paul Lage, Norwood president. “[Norwood Rewards] is perceived to be in conflict with that relationship and we want to do anything we can to alleviate those concerns.”
Norwood will close the Norwood Rewards program in phases, allowing members ample time to earn and redeem points. Members can continue to earn points on orders placed through the end of the year, and they will have until March
31, 2008 to redeem points they have accumulated. New members will be allowed to enroll in the program through July 20. On April 1, 2008, all Norwood Rewards accounts will be closed. Norwood Rewards participants will receive monthly e-mail communication through March 2008, reminding them of important closure dates and program rules.
For more information, call (888) 316-1872 or e-mail email@example.com.