WHITBY, Ontario, July 25, 2018 /PRNewswire/ -- 360insights, a global channel incentives leader offering consumer and channel rebates, SPIFF programs, MDF & co-op ad processing and channel insights, announced today the release of its Volume Rebates (VR) module for its Channel Success Platform™. The VR module enables brands to create conditional incentives to influence channel growth and retention.
Volume rebates are financial incentives used to encourage purchases in multiple units or large quantities. They are commonly used to stimulate incremental growth, retain channel partners and customers, push product launches or inventory closeouts, and influence the revenue mix. This is accomplished through conditions tied to the incentives.
360insights' new Volume Rebates module integrates volume incentive rebates into its market leading Channel Success Platform. The Channel Success Platform enables brands to optimize across their incentive mix by providing advanced channel analytics and insights. The platform already has a market leading compliance engine and offers a world-class user experience. These advantages are leveraged by the new VR module to create the strongest volume incentive rebates solution in the market.
"Volume Rebates are just one of several modules that make up the Channel Success Platform," said Jason Atkins, CEO of 360insights. "Our vision is to empower brands to optimize their incentives by leveraging a single platform for administration, processing, and most importantly analytics. Getting all the data in one place enables customers to think more strategically about how they invest their incentive dollars."
The new Volume Rebates module enables brands to create conditions to influence growth, retention or product objectives. The VR module engages program participants with dashboards visually representing their progress. It also provides a holistic view of channel performance and the ability to determine areas of focus. Analytics and reporting provide greater visibility into the channel at all levels.
The VR module is available today from 360insights.
360insights.com is a global channel incentives leader offering rebate processing, SPIFF programs, co-op advertising and channel analytics. The company's Channel Success Platform™ is the first truly integrated software-as-a-service solution enabling brands to optimize their channel incentives spending. Based in Whitby, Ontario, the company serves over 100 of the world's top brands and has expanded to have operations around the USA and UK.
PRLog ID: www.prlog.org/12720515