Apr, 2012 : PEER 1 Hosting Enhances Referral Partner Program

📅 April 12, 2012 - The enhanced program moves from a four-tier revenue-commitment model to a simple two-tier performance-based model.

PEER 1 Hosting, Inc. (peer1.com 👉 Total Reviews: 5
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👈 Official Responses: 0), a managed hosting provider, recently announced its SMART Partner Program. The enhanced program moves from a four-tier revenue-commitment model to a simple two-tier performance-based model.

The company articulates that the new SMART Partner Program has no minimum monthly requirement and offers referral partners a monthly commission for the life of original contract. If partners exceed $15,000 in referred monthly recurring revenue, they are upgraded to the SMART + (plus) program and their commissions become 'evergreen'. The new simplified model helps referral partners succeed. With the previous program, on a $5,000 deal (24 month contract), partners at the bronze level would earn a one-time commission of $2,500. For the same deal with the new SMART program, partners will earn $9,600 over two years. That's a 300 per cent increase for former bronze level partners.

According to it, the new SMART Partner Program includes:

• Easy Back Office Management - Partners can easily calculate their commissions every month as there is no annual partner audit. Commission rates are steady from month to month.
• No Upfront Revenue Commitment - The performance-based model provides partners on the SMART program an eight per cent revenue share for the term of the original contract. SMART+ program offers twelve per cent revenue share that is evergreen.
• Dedicated Channel Representative - Dedicated channel representatives work with partners to equip them with the knowledge, tools and marketing support to drive more referrals.
• Partner Portal Access - The Partner Portal remains the go-to place for partners. A newly added feature, a co-branded collateral plug-in, allows partners to upload their logos and contact information, and have the system create co-branded materials that are easy to download and share.
• Referral Events - Partners are invited to participate in regional events bringing together their customers and the company's contacts for targeted networking.
  

"PEER 1 Hosting is committed to our partners and by eliminating the upfront revenue commitment, we believe it gives our partners a better model to do business," said Jose Santos, Director, Alliance and Partner Programs, PEER 1 Hosting. "We value the relationships that we have with our referral partners and we want to reward those who are high performing. The new SMART program allows us to do that."

"PEER 1 Hosting is known for its excellence in customer relations and the support we provide to our partners," said Santos. "Each partner is assigned a channel representative who takes the time to understand that partner's business and looks for ways to optimize their program. Our senior level executives work with our most engaged partners too, providing that extra level of attention."

"We are thrilled that PEER 1 Hosting is making it easier for us," said Mark Infield from Infield Design, a former Bronze partner. "PEER 1 Hosting offers great value to our clients already by having state-of-the-art hosting facilities and unmatched service, but now there is an extra benefit for us too - which is great."