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October 03, 2005 in Social Responsibility News

SAMSUNG Enhances Its Award-Winning Power Partner Reseller Channel Program

Irvine, CA – Samsung, an established leader and innovator in Information Technology products, further enhances its award-winning channel reseller program, the Power Partner Program, by incorporating it within the Global Samsung Business Network system infrastructure. The Global Samsung Business Network is an internal Samsung online resource that consists of Partner Relationship Management, Supply Chain Management, a CRM system and B2B portals.
Built on the Global Samsung Business Network system infrastructure, Samsung’s Power Partner Program still offers the same great programs and incentives to resellers and VARs, and now features an improved partner portal providing resellers with more in-depth and accurate information, such as product data. Samsung Power Partner program also offers an easier to use look and feel and simpler navigation for resellers. The Power Partner Program launches under the Global Samsung Business Network today. Samsung’s Power Partner Program offers resellers and VARs the opportunity to earn cash bonuses, increase their margin and win high-end Samsung products by selling Samsung display and printer products.
“By bringing the coveted Samsung Power Partner Program under the umbrella of the Global Samsung Business Network, we are building better synergy within Samsung to provide our valued partners with improved commutations and data,” states YJ Park, President of Samsung’s Information Technology Division (ITD). “Samsung’s Power Partner Program now ties into Samsung’s other infrastructure and is better tied into Samsung’s Enterprise Resource Planning system. This is a major benefit for our channel partners and offers greater flexibility and better communications from Samsung.”
The Power Partner Program still offers Samsung’s channel partners the industry-leading P3 Power Cash Incentive Program and P3 Big Deal Cash Back Program.
P3 Power Cash Incentive Program

The Power Cash Incentive Program is geared to solution providers who primarily deal with general consumers or smaller-sized customers, and offers a monthly spiff promotion for select Samsung display and printer models. All Power Partner Program members can take advantage of this incentive program at the individual level. The main target of this program is the sales representative of the reseller who can earn extra income from Samsung when selling Samsung products.
The cash spiff for the Power Cash Inventive Program will be deposited into the reseller’s Power Cash Debit Card account. Samsung’s flexible Power Cash Debit Card offers a shortened payment schedule where the cash spiff will be deposited directly into the account. The Power Cash Debit Card offers the reseller a secure and convenient format to easily access cash from an ATM machine and is much easier than receiving and depositing a check. In addition, the Power Cash Debit Card can be used for other Samsung Power Partner Programs.
P3 Big Deal Cash Back Program

In an effort to preserve and enhance channel margin and reward individual sales people, Samsung’s Big Deal Cash Back Program offers incentives and additional margin for volume sales targeting Resellers and VAR’s who sell to mid size and corporate customers. The program consists of a rebate for the company and a spiff payment for the individual sales representative who secures the deal. To qualify for the program, a solution provider must sell at least 25 units (50 units on some higher end models) of selected Samsung displays or printers on one invoice to one end user customer. The rebate and incentive will be tiered based on the volume of the deal. This program is a “win-win” for both the sales person and the company, offering money for both parties.
Samsung’s Power Partner Program reinforces the company’s relationships with its indirect Reseller partners and rapidly disseminates timely and relevant information and sales-lead tracking data via its Business-to-Business Web site, www.samsungpartner.com.
For more information on Samsung’s Power Partner Program, please visit www.SamsungP3.com or call toll-free at 1-866-542-7214.
About Samsung’s Information Technology Division

Samsung Electronics America’s Information Technology Division (ITD), located in Irvine, California, is the U.S. subsidiary of Samsung Electronics Company, Ltd. (SEC). Samsung’s ITD markets a complete line of award-winning TFT and CRT display products, color and monochrome laser printers, fax machines and multifunction devices for professional, corporate and SOHO users. ITD also markets large-screen plasma displays designed specifically for the professional and commercial markets.
The Samsung Electronics America organization oversees the North American operations of Samsung's Consumer Electronics Division (CED) and Information Technology Division (ITD), as well as its subsidiaries including Samsung Telecommunications America (STA) and Samsung Semiconductor, Inc. (SSI).
About Samsung Electronics

Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2004 parent company sales of US$55.2 billion and net income of US$10.3 billion. Employing approximately 113,000 people in over 90 offices in 48 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing brands, Samsung Electronics is the world's largest producer of color monitors, color TVs, memory chips and TFT-LCDs. For more information, please visit www.samsung.com.

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