Use Cases
Configure Revenue Sharing with Partners
8 min
partner share refers to the revenue sharing arrangement between a provider and their partners or resellers who assist in selling or distributing the product this revenue sharing model allows providers to leverage the sales and distribution networks of their partners to reach a wider customer base and expand their market reach when selling a product with a revenue sharing arrangement, it’s important to reduce the sales price by the partner share amount so that your total revenue is accurate in this use case, we will walk through one example where the partner revenue percentage and gross sales price (i e sales price equal to the net amount plus the partner amount) is known for example, let’s assume the product sold has a gross sales price of $70, and the partner percentage is 20% this means gross sales price is $70 (includes the partner amount) partner amount is $14 ($70 20%) net sales price is $56 (net of the partner amount) step 1 create the price and discount tags you can leverage price and discount tags docid\ sjqd42uy0lh2ab2xxdioa for the gross sales amount and partner amount , respectively, by following the steps below log into nue app http //app nue io navigate to price builder → price tags create a new price tag called “gross sales price” and assign a default price (e g $70) image1 next, navigate to price builder → discount tags create a discount tag called “partner amount” and assign a default discount percentage (e g 20%) image2 step 2 apply the revenue share at quoting in salesforce when quoting a customer for a product with a partner revenue share, assign the price tag and discount tag if you want to change the price and discount, you can also edit the price or discount tags add the product to the quote click on 💲 icon next the product image3 select add price tag option → search for “gross sales price” → select the tag → select confirm option to add the tag if you want to change the price, then select edit price tag option → under tiers, select edit tiers option → in tier 1, enter the gross unit price in amount field → select save and exit option select add discount tag option → search for “partner amount” → select the tag → select confirm option to add the tag if you want to change the partner percentage, then select edit discount tag option → under tiers, select edit tiers option → in tier 1, enter the partner percentage in discount percentage field → select save and exit option when viewing the tags, the below fields indicate for "gross sales amount" tag, price = gross sales price (per unit) total price = total gross sales amount for “partner amount” tag, discount = partner percentage price impact = total partner amount total price = your total net amount (which is total gross sales amount total partner amount) image4 when viewing the quote, the below fields indicate net sales price = your sales price (per unit) total amount = your total net amount image5 step 3 customization and reporting if you would like to see the partner amount (discount tag) and gross amount (price tag) on the quote line item, you can create quote line item custom fields and a flow that copies the values from the price tag / discount tag (via line price tag, price tag, and price tier objects) to these quote line item custom fields you can then report on these objects and fields image6 putting it all together revenue share is commonly used when doing business with partners the amount of revenue share can vary by product, by customer, by partner this example includes a gross amount price tag, however, this is not necessary depending on your use case
🤔
Have a question?
Get answers fast with Nue’s intelligent AI, expert support team, and a growing community of users - all here to help you succeed.
To ask a question or participate in discussions, you'll need to authenticate first.