Global Edition

Premium Golf Brands launches profit share scheme

8.09am 29th July 2008 - Corporate

Premium Golf Brands (PGB), the owners of Green Lamb and exclusive distributors of Cutter & Buck, Calvin Klein Golf, Fairway & Greene, Pukka Headwear and Zero Restriction has launched a scheme – thought to be unique to the golf industry – called the Premium Partnership Programme. The scheme offers a selection of benefits, but most eye-catchingly, its members will receive a minimum cash reward of £1,000 p.a.

The Premium Partnership Scheme is a profit share scheme that earns its members 10% of their pre-book turnover for the company’s new Spring/Summer 2009 ranges. The only condition of membership is that the retailer places a minimum SS09 order of £10,000 (or €10,000) from just one or across a selection of all seven of the company’s brands. So, for a minimum order of £/€10,000 the retailer will be entitled to a reward of £/€1,000.

For orders in excess of £100k, the profit share increases incrementally by 1%, meaning that an order of £/€101k entitles the customer to 10.1% back. The profit share will be capped at 15% for any customer placing a pre-book order of £/€150k, which will result in a profit share return of £/€22,500.

“We know that times are hard in the industry at the moment so we wanted to put a place in scheme that rewards our customers no matter what size they are,” comments PGB’s managing director Grahame Jenkins.

He continues, “The beauty of the Premium Partnership Scheme is that we have a portfolio that genuinely accommodates the tastes of men and lady golfers of all ages, which means that we can meet the demands of most retailers. I’m sure that if people review their apparel orders for last year, most will have spent more that £/€10,000 across multiple brands without receiving anything in return.”

Premium Golf Brands www.premiumgolfbrands.com

       

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