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Purchase Enquiries
All Enquiries should be channeled to the head office,IPWA Plc.
LAGOS
45, Oba Akran Avenue
Ikeja, Lagos State.
Phone
08060400004
08055326655
08078247847
ipwaplc@yahoo.com
info@ipwaplc.com
Distributors Scheme
This category of Distributor will require to sign an annual distributorship agreement upon confirmation of distributorship (usually after six months of consistent performance).
Expectations
- Formal application letter to be written.
- A Company’s Rep. to inspect outlet location.
- Filling of Distributor Form.
- Deposit/purchase of N10m.
- Immediate delivery of N10.0m worth of goods (4 weeks after payment).
- Subsequent purchases must be on Cash & Carry basis.
- Credit facilities shall be considered after 6 months of continuous achievement of target and Management’s recommendation.
- IPWA will support supply to large projects exceeding N3m with domicilation of payment to IPWA plc.
- Sole Distributor can appoint distributors within its territory.
Target
The minimum expected sales turn over is N3.5m per month.
Supports
– Free painting of office.
– Sales Executive will visit monthly.
– Commission will be earned quarterly after cash purchase and certification by the auditors.
– Free training of personnel.
Discount Allowed
Enjoys – 25% discount on Premium Product (Nigerlux, Nigertex etc)
17% on Standard Product excluding Right Emulsion
15% on Industrial & Wood Finishes
Rebate
Payable every month with credit notes as follows, if the following monthly targets are met: –
Incentive for above target performance % Rebate
N3.50m – N4.50m 17%
N4.50m – N6.00m 3%
Above – N6.00m 5%
Rebates are payable on sales net of VAT.
Penalty for not meeting expected sales turnover
Forfeiture of additional rebate at the end of the year
Non – approval of credit facilities
Downward review of discount allowable
This category of Distributor will require to sign an annual distributorship agreement upon confirmation of distributorship (usually after six months of consistent performance).
Expectations
- Formal application letter to be written.
- A Company’s Rep. to inspect outlet location.
- Filling of Distributor Form.
- Initial deposit/Purchase of N5m.
- Credit facilities shall be considered after 6 months of continuous achievement of target Management’s recommendation.
- IPWA will support supply to large projects exceeding N1.5m with domicilation of payment to IPWA plc.
- Sole Distributor can appoint dealers within its territory.
Target
The minimum expected sales turn over is N1,000,000 per month.
Supports
– Free painting of office.
– Sales Executive will visit monthly.
Commission to be earned quarterly after cash purchase and certification by the auditors.
– Free training of personnel.
Discount Allowed
Enjoys – 15% discount on Standard Product (Excluding Right Emulsion)
20% on Premium Product (Nigerlux, Nigertex etc.)
12.5% on Industrial and Wood Finishes.
Rebate
Payable every month with credit notes as follows, if the following monthly targets are met: –
Incentive for above target performance % Rebate
N1.50m – N2.00m 1%
N2.00m – N3.50m 2%
Above – N3.50m 3%
1% additional rebate will be paid if annual turnover exceeds N12m Net at the end of the year.
Rebates are payable on sales net of VAT.
Penalty for not meeting expected sales turnover
Forfeiture of additional rebate at the end of the year
Non – approval of credit facilities
Downward review of discount allowable
This category of Distributor will require to sign an annual distributorship agreement upon confirmation of distributorship (usually after six months of consistent performance).
Expectations
- Formal application letter to be written.
- A Company’s Rep. to inspect outlet location.
- Filling of Distributor Form.
- Initial deposit/Purchase of N1,000,000 to hold At least two (2) weeks stock.
- Credit facilities shall be considered after one year based on performance and Management’s recommendation.
- IPWA will support supply to large projects exceeding N1.5m with domicilation of payment to IPWA plc. Sole Distributor will be aid commission and volume passed through its account.
Target
The minimum expected sales turn over is N800,000 per month.
Supports
– Free painting of office.
– Sales Executive will visit monthly.
– Commission to be earned quarterly after cash purchase and certification by the auditors.
– Free training of personnel.
Discount Allowed
Enjoys- 10% discount on Standard Product (Excluding Right Emulsion/CITEC Emulsion)
12.5% “ on Premium Product (Nigerlux, Nigertex etc.)
7% “ on Industrial and Wood Finishes.
Rebate
Payable every month with credit notes as follows, if the following monthly targets are met: –
Turnover/Month (Net) % Rebate
N1,000,000 – N1,500,000 1%
N1,500,000 – N2,000,000 2%
Above N2,000,000 3%
1% additional rebate will be paid if annual turnover exceeds N12m Net at the end of the year.
Rebates are payable on sales net of VAT.
Penalty for not meeting expected sales turnover
– Forfeiture of additional rebate at the end of the year
– Non – approval of credit facilities
– Downward review of discount allowable.