Workplace
English Training E-Magazine Options
for Agents
Option
1 - 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. Agents may
change to fixed monthly payments
at any time, however. To continue
any commission only agreement, targets
will need to be achieved.
We
would normally allow agents three
months to start generating business.
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.
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
on payment terms with their clients.
Option
1 - Fixed
Monthly Payment Agreement
For
a fixed monthly payment, your company
will have rights to sell '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.
Agents
would normally transfer to this
sort of agreement from a commission
only agreement when they get to
a point where the commission fee
normally exceeds the fixed monthly
payment fee.
License
agreements run for one year.
Providing
that agents meets 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.
Commission
for Individual Subscribers
Individual
subscribers are not covered under
the above two options.
We
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.
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.
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.
Contact
Us
For
further information on becoming
an agent and the above options,
please contact us.
Call
Mark Wood on (852) 2517 7725 (click
here to email)