This bid is to supply and manage the exclusive class ring program for the University of South Carolina, Columbia campus, Columbia, South Carolina.
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What the job is
Rings: Men's and women's traditional styles in 10k, 14k, and 18k gold and white gold, matching existing official designs and ring weights.
Program services: Handle marketing, sales, ordering, customer service, and two ring ceremonies per year, including all promotional and event expenses.
Pricing: First-year 10k and 14k ring prices must not exceed current prices; subsequent increases require documented cost increases and university approval.
Commissions: Minimum first-year commission of $310 per ring and $525,000 total guaranteed regardless of sales, both increasing 3% annually. Include monthly reporting and quarterly payments.
Licensing: Required university licensing agency registration and a current 14% royalty.
Delivery: Signature-required delivery to each purchaser; include shipping costs and your order fulfillment timeline.