Redwood Shores, Calif. (April 26, 2004) -- A new incentive program being offered by hosted accounting and customer relationship management vendor NetSuite Inc., where resellers can receive up to a 50 percent recurring margin on all product sales, has caused a positive stir here at the company’s third partner conference.
Under the Channel Star Program, its network of over 200 partners, and any new resellers, can earn a 30 to 50 percent margin on net new sales. NetSuite partners’ revenue share also extends to the recurring revenue generated by the on-demand software model. Compensation is based on the level of subscriptions sold of the company’s products, including NetSuite, NetERP, NetCRM and Oracle Small Business Suite.
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