For
a fixed monthly payment, your
company will have rights to
sell the Workplace
English Training E-Magazine
to companies operating in your
country. You negotiate annual
subscription agreements with
your clients. Whatever you sell
you keep, minus the fixed monthly
payments.
The
size of the fixed monthly payment
would depend on the size and
maturity of the market in your
country.
Option
2 - Commission Only Agreement
To
begin with agents may prefer
to take a commission on each
corporate contract. Typically
this is 60:40 in the agent's
favour.
Do agents
receive commission for individual
subscribers?
Individual
subscribers are not covered under
the above two options.
However
we do encourage all agents to
market Workplace
English Training E-Magazine
to the general public, as well
as to companies. We are able to
provide agents with ideas and
extensive marketing resources
in this regard.
How can agents
market the E-Magazine to the general
public?
In
certain cases, corporate clients
may choose not to purchase a license.
Instead they are often willing
to promote the product to their
staff providing they receive a
discounted subscription price.
Using PayPal's promotional coupon
system, we can provide you with
unique discount codes. Staff input
the code when they subscribe and
obtain a discount.
Promotions
can also be conducted in language
schools, secondary schools, colleges
and universities. However, we
stipulate that subscriptions can
be discounted by no more than
50%.
All
revenue from individual subscriptions
is divided 60:40 in the agent's
favour.
At
the end of each month, we will
email an official stats report
from PayPal detailing all the
individual subscriptions under
your unique promotional codes.
We will calculate the fee owing
to you and remit the money online
within 14 days of the end of each
month.
How long
do licence agreements run for?
License
agreements run for one year.
How do agents
renew their licence agreement?
Providing
that agents meet their payment
obligations to The Language Key
Ltd, license agreements will be
automatically extended for a further
year.
The
Language Key Ltd will not raise
the fixed monthly payment fee
by more than 10% from year to
year.
Can I change
from one agent option to another
at any time?
Agents
may change to fixed monthly payments
at any time.
Agents
would normally transfer to a fixed
monthly payment agreement from
a commission only agreement when
they get to a point where the
commission fee normally exceeds
the fixed monthly payment fee.
How do agents
create a password for their clients?
Once
a corporate client has signed
an agreement with an agent, the
agent needs to fax the agreement
to The Language Key Ltd for verification
before we release the client's
access password.
Are there
any revenue targets set?
Revenue
targets will need to be achieved
for any commission only agreement
We
would normally allow agents three
months to start generating business.
For
the fixed monthly payment agreement
no revenue targets would be set.
What are
the payment terms?
Commission
payments should be made to The
Language Key Ltd within 90 days
of any agreement being signed
between the agent and their corporate
client. It is the responsibility
of the agent to agree payment
terms with their clients.
Fixed
Monthly payments should be paid
by the 15th of each month.
For
all payments from The Language
Key Ltd to agents, we require
official company receipts.
Payments
from The Language Key Ltd will
only be made out to companies,
not individuals.
What are
the full terms and conditions for
agents?
To
see a sample of the Agency Agreement
please click
here.
I would like
more information – who should
I contact?
For
further information on becoming
an agent and the above options,
please contact us.
COMMON
QUESTIONS