HOW IT WORKS
Timepet's Loyalty Rewards Program levels are based on;
Based on a 6 month period.
Product representation and positioning in-store.
QUALIFYING SPEND
Gold Customers
| DURATION | AVERAGE SPEND |
|---|---|
| JAN - JUN | > $10,000 |
| JUL - DEC | > $10,000 |
Rewards
| SERVICING | WEEKLY |
|---|---|
| CREDIT TERMS | EOM |
| CREDIT LIMIT | UP TO $10,000 |
| ORDER PROCESSING | WITHIN 1 BUSINESS DAY |
| NEW PRODUCTS | SHOWN & OFFERED FIRST |
| PAYMENT DISCOUNT | 3.5% 14 DAYS |
| FREIGHT CHARGES | FREE |
| PROMO ACTIVITY | BI MONTHLY - 6 P.A |
| NEW PRODUCT DISCOUNT | UP TO 10% |
Silver Customers
| DURATION | AVERAGE SPEND |
|---|---|
| JAN - JUN | > $5,000 |
| JUL - DEC | > $5,000 |
Rewards
| SERVICING | FORTNIGHTLY |
|---|---|
| CREDIT TERMS | EOM |
| CREDIT LIMIT | UP TO $4,000 |
| ORDER PROCESSING | WITHIN 1 BUSINESS DAY |
| NEW PRODUCTS | OFFICIAL LAUNCH TIME |
| PAYMENT DISCOUNT | 1.5% 14 DAYS |
| FREIGHT CHARGES | FREE |
| PROMO ACTIVITY | QUARTERLY - 4 P.A |
| NEW PRODUCT DISCOUNT | UP TO 7.5% |
Bronze Customers
| DURATION | AVERAGE SPEND |
|---|---|
| JAN - JUN | > $2,000 |
| JUL - DEC | > $2,000 |
Rewards
| SERVICING | WEEKLY |
|---|---|
| CREDIT TERMS | EOM |
| CREDIT LIMIT | UP TO $2,000 |
| ORDER PROCESSING | WITHIN 2 BUSINESS DAYS |
| NEW PRODUCTS | OFFICIAL LAUNCH TIME |
| PAYMENT DISCOUNT | N/A |
| FREIGHT CHARGES | FREE |
| PROMO ACTIVITY | BI YEARLY - 2 P.A |
| NEW PRODUCT DISCOUNT | UP TO 5% |
Purple Customers
| DURATION | AVERAGE SPEND |
|---|---|
| JAN - JUN | < $2,000 |
| JUL - DEC | < $2,000 |
Rewards
| SERVICING | WEEKLY |
|---|---|
| CREDIT TERMS | EOM |
| CREDIT LIMIT | UP TO $2,000 |
| ORDER PROCESSING | WITHIN 2 BUSINESS DAYS |
| NEW PRODUCTS | OFFICIAL LAUNCH TIME |
| PAYMENT DISCOUNT | N/A |
| FREIGHT CHARGES | FREE |
| PROMO ACTIVITY | N/A |
| NEW PRODUCT DISCOUNT | N/A |