P.A.I.D. Program
P.A.I.D Program
(Performance Activated Incentive Dividend)
The A.D.A. has initiated a program to give back to dealerships who place their orders at our bying session, a 2% rebate. The rebate will be used to offset their expenses for attending the next spring session. This is an optional program. You may elect to participate or not.
This entire effort is designed to - at a minimum - double your orders placed at our sessions. The P.A.I.D. program was a tremendous success at our last thirty-eight buying sessions. P.A.I.D. DELIVERS RESULTS! Most vendors have had major increases in written orders.
Our goal is to make the program a true "session special." You can consider it an advertising or promotional program that only lasts during the session.
The A.D.A. will provide each dealer with tracking sheets to record orders placed at the sessions. When a dealer places an order with you, you merely write your company name, the 2% rebate amount, and sign the form. We will provide you with a tracking form for your records. The A.D.A. collects the sheets from the dealers at the end of the session. Both dealers and vendors will be sent statements of their activity shortly after the buying session. There will be ample time to verify all totals.
Each participating company will be billed on June 15, of the following year, with terms of NET 20 days. Each dealership will be issued a check on the following July 10th for the entire amount in his account less a 5% record keeping/service charge retained by the A.D.A. There are no additional costs to the company or dealership. 2% P.A.I.D. rebates are to be predicated on payment in terms if a dealer pays you late, no rebate is due.
If you choose to participate, please fill out the P.A.I.D Program contract included in the show package. Note that no percentage other than 2% is allowed.
If you have questions regarding the program, please contact the A.D.A. office.
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