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Matt Pilgrim - Talking 'Soft

Microsoft Emerging Technology and Creative Development
Microsoft Financing

 

Anyone who has ever tried to sell anything has to have come up against IT Spending objections. Microsoft Financing   offers a great way to overcome these objections, close a deal quicker and get paid fast.  What’s the catch? – There simply isn’t one!

Microsoft Financing    has to be one of the best kept secrets in the Microsoft Partner ‘Kit bag’. If you are a Partner and there is an element of Microsoft license being sold in the deal then you can offer your customer the option to repay the cost of the project in instalments. There is a minimum deal size of £1000 and ideally the Financing team would like to see that at least 10% of the value of the deal is heading Microsoft’s way (They are part of Microsoft of course, and Bill is still paying the wages!) but actually they will finance anything with at least 1 user license wrapped into the deal.

Another neat feature is that they have 3 levels of interest rates depending on the customer’s credit rating, but their credit rating can actually improve dependent upon the amount of Microsoft license revenue included in the project.

You can submit applications online, they have an online deal calculator   and best of all, they have a team of agents   who will help you approve your customers and take all the pain away! They also regularly run special offers such as the 6/50 deal, £50 for the first 6 months so make sure you keep in touch!

 

Not convinced? – here’s some quick stats....

 

  •  Small and Mid Market Solution
    • 40% use leasing/financing for IT purchases (2 out of every 5 sales!)
    • 100% of SMB customers contacted agreed/strongly agreed purchase size increased due to financing - they estimated purchasing 28% more
    • 50% purchased sooner – on average 9 months earlier 75% viewed our ability to finance partner services as a key differentiator
    • 100% indicated increased satisfaction with Microsoft as a result of  Microsoft Financing 
  • Microsoft Dynamics
    • Transactions average 44-90% larger, depending on product
    • Discounting decreased over 8% on financed deal
  • Enterprise
    • WWLP Procurement Manager survey indicated 33% of customers want to finance over time
    • 22% want to make monthly payment
    • 34% want quarterly payments 
    • 27% discount reduction 
Posted: Friday, August 03, 2007 1:42 PM by Matt Pilgrim
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Attachment(s): finance.MHT
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