Vertex's Centralized Network Hub (CNH) is a partnership digital lot for companies who want to up their volume and sales without lowering cost. This program allows your customers to use Vertex's Renegade Reward program to pay for a portion of your product or services, this allows customers to indulge in a money save system, staying loyal to you, and all the while, your profit margin stays the same. Let's dive into it. Our CNH program will go hand in hand with our Renegade Rewards Program by allowing any customers who do business with Vertex (Oil Changes buying product from us etc) then earning points. Customers can then redeem said points at select businesses on Vertex's Centralized Network Hub, Let's say a customer had 500 points of rewards which is equivalent of $5, however much your service or product is, The customer will be able to redeem $5 worth of Renegade Rewards points and save $5 dollars. "So this doesn't sound like my profit margin is staying the same?" Actually it does, because Vertex will payout the remaining balance of that $5. Yep you heard the right, Vertex's CNH program will allow customers to save money, and keep your margins intact because the points redeemed are going to be Vertex's payout to your company via an ACH Pay or however the partnered business would like to set up the CNH balance. Here's an example:
Your customer needed an oil change and decided to use Vertex, the points after service will be issued straight to their account via vertexarkansas.com, that customer wanted to use you for your products and services, they can choose to redeem their reward points on our site and Vertex will payout the remaining balance, your customer is happy you offer them a discount through Vertex, you are now bringing your market to a hypercompetitive market, this in turn brings us customers because of the discounts offered, and your profit margins, as said before, stays. In. Tact. "How do we get the payment then off your account?" well, scroll to the next paragraph.
The bridge network is totally up to you depending on your fancy of tech, wait, or traditional cash. Partners can choose to do an ACH bank transfer, an actual payment link embedded in code on our website will send straight to your processor, or straight cash by the end of the day, or the week we can always talk about it in person.
