In this model, LVH will provide sales personnel for implementation of your strategies and promotion of your products in the desired territories. The sales personnel will be employed by LVH based upon your needs.
Product handling will be in the hands of your selected distribution network. LVH’s teams with always work with the distributors in the territory because these relationships are critical for ensuring the product is available when and where there is demand.
There are two approaches to the sales personnel that can be considered:
a. Client-Managed:
In this case, LVH will recruit and hire sales personnel that will be dedicated to you, our client. They will be given general industry, LVH Ethics and Compliance program training, and other trainings based upon our agreement. The sales personnel will form an extension to your own salesforce and will be managed on a day-to-day basis by you. LVH will take care of the employment
related responsibilities but the teams will be under your guidance and control. In these cases, LVH maintains close follow-up and gives support to our personnel.
b. Outsourced:
There is further flexibility in how the client manages their budgets with respect to the contract personnel. These sales personnel will be fully managed and coached by LVH leaders in order to achieve the goals that we have established with our clients.
i. FTE-based: You may prefer to have a fairly fixed cost of related to the personnel by determining the specific quantity of sales personnel required. The monthly costs will not vary significantly.
ii. Commission based: In this case, the quantity of the field force will depend on the sales and the sales forecast and the commission allowed with respect to the sales. Commission may change over time or the number of resources may change over time, as sales increase.
Either way, providing flexibility to support you to achieve your goals within your budgets.