HOW DOES AGRIREWARDS WORK?
The deferred bonus of each customer is determined annually on the basis of the extent of business done with Senwes during the year. This bonus is subject to specific rules, as announced for the year concerned. These rules in respect of qualifying business are determined and announced by the board of Senwes. The bonus for which customers qualify, is communicated after the end of the Senwes financial year. Participation is not automatic and customers have to specifically register to participate in the scheme.
Once a customer registers for the scheme, he/she will automatically remain registered for successive years and does not have to reregister, unless the customer chooses to deregister. The bonus is allocated per entity or individual and is not transferable to other legal persons.
The benefit of the scheme is that the customer will receive a year-on-year allocation if he conducts business annually with Senwes. In this manner the pool of bonuses will also grow year on year. Although the bonuses are not payable immediately, the bonus allocations can be used at current value as security at Senwes Credit.
WHO QUALIFIES?
Any person who has registered for the scheme and who does business with any of the qualifying businesses, will qualify. Grain deliveries at Senwes silos, grain sales to Senwes, interest-bearing transactions at Senwes Credit and purchases on new whole goods at Senwes Equipment received allocations over the past financial year. From the 2021 financial year, Senwes Equipment will no longer be part of the loyalty scheme. Transactions which will qualify for the 2021 financial year are:
- Grain deliveries at Senwes silos;
- Grain sales to Senwes;
- Interest-bearing transactions at Senwes Credit.
SHORT TERM BENEFITS
Although the deferred bonus is a good long-term benefit for our customers, we've added immediate benefits as well, in the form of discounts on products, in order to add more value for our customers.
AgriRewards currently offer short-term benefits for registered customers in the form of discounts on the acquisition of new vehicles. Senwes, in co-operation with other suppliers, offers this discount on almost all the top brands in the industry (Toyota, Ford, Nissan, Isuzu, Mercedes-Benz, Lexus, VW, etcetera). Registered customers also have the option to trade in their current vehicles.
For more information regarding these offers, SMS the key word CAR to 31022 or send an e-mail to [email protected].
The process is facilitated on behalf of AgriRewards members bt the AgriRewards team. This process includes requests for quotations, obtaining trade-in prices, finalisation of transactions, registration of the vehicle as well as delivery of the vehicle.
2020 BONUS ALLOCATION
