Are you cruising or losing out on LCI rewards?

Are you cruising along earning Lifecycle incentive (LCI) rewards with ease, or do you still have the training wheels on? Well, the training wheels need to come off sometime and we are here to help with that.

On average we are seeing partners earning 2-3% LCI reward return on their Cisco spend without leveraging Netformx. But others are achieving much higher returns when they engage with us.

Elevating LCI rewards to 5% of Cisco spend
“Using Netformx automation Veytec had 5% of our annual spend with Cisco returned in Lifecycle Incentive dollars. On top of that, we saved valuable resource time. The ROI on Netformx tools is real and significant.”
—Pat Henson, VP of Operations at Veytec

Our goal is to help you align with Cisco’s strategic goals for which you can be rewarded handsomely. It is that simple. Our ability to produce time-based actionable insights lets you know what to do and when to do it. Are you still struggling with having the resources to take advantage of the tools? We have some recommendations for that as well. Just ask!

ANNUITY SIMPLIFIED: All Aboard the Cisco Annuity money train!

A blog by Mike Johnson, Customer Success

In this VIP Simplified blog Mike clarifies how Cisco Annuities work and how Netformx can reduce the complexity to earn, collect, and plan for these lucrative payments.

Cisco’s strategic direction is to move from one-time product sales to services-oriented deals that are renewed annually, thus ensuring a continuing revenue stream. Translation: To get customers to stay with you (and Cisco solutions) over the long term, partners need to maintain customer relationships and become trusted advisors.

The good news is that annuities enable you to generate considerable profits and receive recurring payouts, too. Selling Annuities has the added benefit to provide ‘more predictable incentive dollars’ for partners. Whether you sell an annuity, renew it, or add to it, you continue to receive annuity payments.

While it’s easy to get on the money train, the requirements and multi-year payment structure can be complex and convoluted. Oftentimes, it’s hard to know what you’ve earned and what the rebates will be in the Annuity track.

Getting Excited about Partner Summit

I am thrilled to finally have a chance to meet face-to-face with members of the Cisco Partner community.

Cisco Partners are top of mind because we care whether you are being successful with Netformx tools. I would love to have a dialog about where we are making a difference, and where we can help you do more with what we offer.

Let’s connect in Vegas! Please reach out to me mark.bickerstaffe@netformx.com, your account manager, or sales@netformx.com to indicate your interest in a dialog.

PS: In addition, we would appreciate your advocacy to Cisco in your Executive 1:1 sessions on the value we bring to helping you benefit from Cisco programs such as VIP and Lifecycle Incentives. Cisco always listens to its partners and your feedback on Netformx is relevant.

In the meantime, want to help you with taking off those training wheels and accelerate your ability to capture more Lifecycle Incentive rewards. Feel free to reach out to the team at sales@netformx.com.