Video – How much does a Diamond Network Partnership cost?

Diamond Logistics explains the initial and ongoing costs of a Network Partnership and the services, support and territorial exclusivity included.

Transcript

Right, we’ve been through so many divorces, we know the real difference between price and cost.

We wanted to make sure that, when we designed the Network Partnership, it was important to us, both being small courier company owner-proprietors beforehand, that we left sufficient in the kitty for our operators to be very stable and relatively wealthy in their local areas, to make the business sustainable.

There’s an initial payment, which we’ll discuss in a moment, and there’s a small ongoing cost. We’re going to break that down for you so you can see what value it actually represents.

Let’s not get into the divorces now, but if we’re talking about the cost of the Network Partnership, how much is it and what do they get?

Well, it’s a steal. A mere £15,000, and that gives our Network Partners an exclusive patch for 10 whole years.

That’s quite unique to Diamond Logistics. There are other opportunities on the marketplace, but they don’t come with that exclusivity or a 10-year licence, so this adds real longevity.

We spoke about removing the exclusivity, and you spoke to me about why that’s really important, but that ownership is a really big deal, right?

Massive, massive, because you want to be able to scale your business. What we don’t want to do is limit the opportunity that’s in your marketplace or have people competing against you who have got the same service profile. That exclusivity is really enormously important.

The other thing that we’ve got in terms of cost is a small ongoing fee. We’ve made sure there’s plenty of margin built into it for you, but ultimately the small ongoing fee covers the invoicing, invoice discounting, management of the carriers, sales support, tech support and basically the dial-a-mate whenever you need Diamond to support you.

That was a little bit of a breakdown on cost. So, if you want any more information, or want to hear about our collective relationship history, not to each other, I hasten to add, then you know where to give us a shout.