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Distributor Contracts: Your Performance Shield or a Risky Gamble?

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Manage episode 507867371 series 3667504
Content provided by Pure Global. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pure Global or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
This episode dives into the critical components of medical device distributor agreements that protect manufacturers from underperformance. We explore how to structure contracts with specific Key Performance Indicators (KPIs) and robust termination clauses, turning your agreement into a tool for accountability and market success, rather than a liability. • How can an exclusive distributor agreement backfire and trap your product? • What are the most effective KPIs to include beyond simple sales numbers? • Why should you define targets for marketing spend and demo placements? • What specific performance failures should trigger a termination clause? • How can you structure a termination clause that is both fair and firm? • What is a "cure period" and why is it essential for a healthy partnership? • How do you ensure your distributor's sales team is properly trained and certified? • What other triggers, like insolvency, should be included in your agreement? Ready to turn these insights into your competitive edge? Pure Global’s regulatory experts guide MedTech companies through every step of 30+ markets worldwide. Explore how we can accelerate your market entry at https://pureglobal.com or email [email protected] for tailored support.
  continue reading

145 episodes

Artwork
iconShare
 
Manage episode 507867371 series 3667504
Content provided by Pure Global. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pure Global or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
This episode dives into the critical components of medical device distributor agreements that protect manufacturers from underperformance. We explore how to structure contracts with specific Key Performance Indicators (KPIs) and robust termination clauses, turning your agreement into a tool for accountability and market success, rather than a liability. • How can an exclusive distributor agreement backfire and trap your product? • What are the most effective KPIs to include beyond simple sales numbers? • Why should you define targets for marketing spend and demo placements? • What specific performance failures should trigger a termination clause? • How can you structure a termination clause that is both fair and firm? • What is a "cure period" and why is it essential for a healthy partnership? • How do you ensure your distributor's sales team is properly trained and certified? • What other triggers, like insolvency, should be included in your agreement? Ready to turn these insights into your competitive edge? Pure Global’s regulatory experts guide MedTech companies through every step of 30+ markets worldwide. Explore how we can accelerate your market entry at https://pureglobal.com or email [email protected] for tailored support.
  continue reading

145 episodes

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