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Sales Process and Payment Processing

Standard Operating Procedure for Selling Vibration Plates

Objective

This SOP outlines the steps for selling vibration plates, including pricing, receipt management, payment processing, and financing options.

Key Steps

 

1. Pricing Guidelines

  • The minimum selling price for plates is $800.

  • Selling below $800 incurs a $4 deduction from your commission.

  • Aim to sell plates for $2,800 to $3,000.

 

2. Receipt Management

  • Ensure all receipts are clean and complete.

  • Include all necessary information:

    • Customer details

    • Logistics information (shipping or pickup)

    • Payment method (financing or upfront)

  • Obtain customer signatures on receipts.

 

3. Sales Representative Information

  • Include your name and phone number on the receipt for customer inquiries.

 

4. Payment Processing

  • Use the iProcess app for payment processing:

    • Enter the sale amount.

    • Input the tax percentage.

  • For in-house financing, the target minimum down payment is $600.

 

5. In-House Financing Details

  • Minimum down payment can go as low as $250.

  • Send two cards on file to MJ, indicating the primary card.

 

6. HSA and FSA Payments

  • Accept HSA and FSA payments through TrueMed.

  • Customers must provide detailed descriptions for approval (avoid vague terms like 'back pain').

 

7. Submitting HSA/FSA Payments

  • Go to onevibertech.com to submit HSA/FSA payments.

  • Enter discount codes as needed (e.g., discount 100 for $100 off).

 

8. Completing Transactions

  • Navigate to the product page on OneVibraTec.com.

  • Apply any discounts and finalize the sale.

Cautionary Notes

  • Avoid selling plates below $800 to prevent commission deductions.

  • Ensure all customer information is accurate to avoid processing delays.

Tips for Efficiency

  • Familiarize yourself with the iProcess app to speed up payment processing.

  • Keep a checklist of required information for receipts to ensure completeness.

Link to Loom

https://loom.com/share/dc40bb4152944ddf996928691b773b41

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