The floor price for Premium Monthly is best described as which of the following?

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Prepare for the Aptive Sales Pay and Tech Service Exam with this comprehensive quiz. Study with insights on pay structures, tech service norms, and various scenarios. Ace your exam!

Multiple Choice

The floor price for Premium Monthly is best described as which of the following?

Explanation:
The floor price is the minimum monthly price used for pricing and commissions, and for Premium Monthly it varies by ACV. Annual Contract Value (ACV) determines which tier you’re in, so the floor can be either $110 or $115. If a customer falls into the lower ACV tier, the floor is $110; if into the higher ACV tier, it’s $115. This explains why the description mentions two possible floor prices rather than a single fixed amount. It’s not based on location in this context, and a single fixed price wouldn’t reflect the ACV-based tiering.

The floor price is the minimum monthly price used for pricing and commissions, and for Premium Monthly it varies by ACV. Annual Contract Value (ACV) determines which tier you’re in, so the floor can be either $110 or $115. If a customer falls into the lower ACV tier, the floor is $110; if into the higher ACV tier, it’s $115. This explains why the description mentions two possible floor prices rather than a single fixed amount. It’s not based on location in this context, and a single fixed price wouldn’t reflect the ACV-based tiering.

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