The Provider Company implements special discount programs ("Incentives Programs") on the agreed Supply for the provision of the Marketplace Service. Specifically, the Provider Company examines until the 7th calendar day of each quarter of the calendar year ("Evaluation Date") the achievement of certain goals by the Recipient during the immediately preceding quarter ("Evaluation Period") and accordingly applies the following Incentives Programs:
(a) Gold Incentives Program
The Provider Company applies the First Incentives Program cumulatively if the following conditions are met: (a) the total value of the goods of the Recipient's business sold through the Provider Company during the three hundred and sixty-five (365) days preceding the last day of the Evaluation Period, as recorded through the Skroutz Analytics mechanism and/or through the Marketplace Service, is equal to or greater than €1,200,000, (b) the Order Processing Rate of the respective store of the Recipient evaluated for the Evaluation Period is greater than or equal to ninety-five hundredths (95%), (c) the total value of the goods of the Recipient's business sold through the Marketplace Service is greater than €0 for each calendar month of the corresponding Evaluation Period of the previous calendar year, and (d) the Recipient has achieved an increase of at least sixty hundredths (60%) on the goods of the Recipient's business sold through the Marketplace Service during the Evaluation Period compared to the total value of the goods of the Recipient sold through the Marketplace Service during the corresponding Evaluation Period of the previous calendar year. Specifically, on the agreed Supply for the provision of services by the Provider Company, a discount will be applied per store of the Recipient either (i) a discount equal to five hundredths (5%), in case the increase on the goods sold under the above elements (d) through the Marketplace Service amounts to a percentage between sixty and seventy hundredths (60% - 70%), or (ii) a discount equal to six hundredths (6%), in case the increase on the goods sold under the above elements (d) through the Marketplace Service amounts to a percentage between seventy and eighty hundredths (70% - 80%), or (iii) a discount equal to seven hundredths (7%), in case the increase on the goods sold under the above elements (d) through the Marketplace Service amounts to a percentage between eighty and ninety hundredths (80% - 90%), or (iv) a discount equal to eight hundredths (8%), in case the increase on the goods sold under the above elements (d) through the Marketplace Service amounts to a percentage between ninety and one hundred hundredths (90% - 100%), or (v) a discount equal to fifteen hundredths (15%), in case the increase on the goods sold under the above elements (d) through the Marketplace Service amounts to a percentage greater than or equal to one hundred hundredths (100%). It is noted that for the purpose of calculating the total value of the goods of the Recipient's business sold through the Provider Company, all stores operating under the same VAT number are considered as the Recipient's business.
(b) Silver Reward Program
The Provider Company implements the Second Reward Program provided that the following cumulative conditions are met: (α) the total value of the Recipient's business goods sold through the Provider Company during the three hundred sixty-five (365) days preceding the last day of the Evaluation Period, as recorded by the Skroutz Analytics mechanism and/or the Marketplace Service, is equal to or greater than €400,000 and does not exceed €1,200,000, (β) the Order Fulfillment Rate of each Recipient's store evaluated for the Evaluation Period is greater than or equal to ninety-five percent (95%), (γ) the total value of the Recipient's business goods sold through the Marketplace Service is greater than €0 for each calendar month of the corresponding Evaluation Period of the previous calendar year, and (δ) the Recipient has achieved an increase of at least sixty percent (60%) on the value of the Recipient's business goods sold through the Marketplace Service during the Evaluation Period compared to the total value of the goods sold by the Recipient through the Marketplace Service during the corresponding Evaluation Period of the previous calendar year. Specifically, for the purpose of calculating the total value of the Recipient's business goods sold through the Provider Company, all stores operating under the same Tax Identification Number (TIN) of the Recipient are considered.
(c) Bronze Reward Program
The Provider Company implements the Third Reward Program provided that the following cumulative conditions are met: (α) the total value of the Recipient's business goods sold through the Provider Company during the three hundred sixty-five (365) days preceding the last day of the Evaluation Period, as recorded by the Skroutz Analytics mechanism and/or the Marketplace Service, is equal to or greater than €100,000 and does not exceed €400,000, (β) the Order Fulfillment Rate of each Recipient's store evaluated for the Evaluation Period is greater than or equal to ninety-five percent (95%), (γ) the total value of the Recipient's business goods sold through the Provider Company is greater than €0 for each calendar month of the corresponding Evaluation Period of the previous calendar year, and (δ) the Recipient has achieved an increase of at least sixty percent (60%) on the value of the Recipient's business goods sold through the Marketplace Service during the Evaluation Period compared to the total value of the goods sold by the Recipient through the Marketplace Service during the corresponding Evaluation Period of the previous calendar year. Specifically, for the purpose of calculating the total value of the Recipient's business goods sold through the Provider Company, all stores operating under the same Tax Identification Number (TIN) of the Recipient are considered.
Note: The above discounts will be calculated on the Provider Company's Commissions that have been invoiced within the Evaluation Period and will be provided in the form of reimbursement within 15 calendar days from each Evaluation Date, following the settlement of the parties' financial obligations.
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