CPS.com is tried in directly with select suppliers
CPS.com works directly with the distributor to design and create their customer’s branded online store.
The end user browses merchandise and selects items, logos, sizes, etc….just like any other online shopping experience.
The order is automatically sent to the supplier(s) and a copy is also sent to the distributor, and (if desired) a central contact at the end user company.
Each supplier invoices the cost of goods and actual shipping to the distributor after order is sent to end user.
Each month CPS.com sends the distributor a report detailing all transactions for each store. CPS.com rebates the total revenue (including freight and taxes) minus an 8% transaction fee.
Orders are electronically sent directly to the supplier and copied to distributor.
Once the store goes live, the end user accesses the store through a link on their own website or a CPS.com provided link.
The end user adds merchandise to cart and checks out using a credit card, P.O. #, gift certificate, or budget billing code.
If the P.O. option is used, the distributor must approve the order before it is released to the supplier.
CPS.com collects the funds from credit card purchases.
Distributor pays suppliers with monies received from CPS.com and the remaining balance is the gross profit for the distributor.