Effective date: April 1, 2022
The LogTag Buy back scheme is designed to increase subscriptions on the LogTag Online cloud platform. Our market research and distributor feedback has shown that the key market for the Wi-Fi products are hospitals and larger practices. These have the budget and need to spend on a Real time system over the manual download type.
However, in larger organizations there are barriers to change as typically the selected logger will be written into the standard operating procedures. Providing a cash incentive to change, and especially trying to target end users at the time they are paying to recalibrate existing systems, we hope will reduce these barriers sufficiently to drive sales.
The Distributor will be required to perform several actions to participate in the scheme and ensure we have some records and evidence that supports making payments. These requirements on the distributor are: