Buy More Save More Program in IBC
Saw this one on the homepage bulletin when I logged to my account in the website IBC Japan. It’s called the Buy More Save More Program and from what I understand, it’s sort of a system they devised to appoint credit points for their buyers. So when you “buy more” vehicles, you “save more” by earning credits.
I made a quick browse through their table of points and basically, they’ve categorized buyers according to the frequency of purchase, i.e. number of vehicles bought per month. The credit amount is pegged at USD 40 per vehicle so if say, you buy more than 50 units, you should be able to enjoy up to USD 10,000 of credit or more. Not bad.
According to the site, the credit amount earned can be used as cash for future purchases. It’s nice to know that in this reward program, they don’t differentiate between cars from inventory and those bought from auction so I guess the Buy More Save More program applies to all of IBC’s stocks. The credit amount earned though will only last until one year after the close of the month they are last earned.
Plus, it’s good that they put a Buy More Save More credit report on the homepage each and every time you log in. That way you get an updated count on how many credits you’ve earned and also on the Buy More main page, you can see a credit history that lists all your credits earned and whether you’ve redeemed those credits.
There are loads of other conditions but, overall, this might be really advantageous for auto dealers. The systems awards those with frequent purchases so I guess it’s gonna be really useful for customers who either buy in bulk or buy regularly.