We put our own fees at risk for the vendors we endorse.
Rules and Disclosure for Quizzify Valid Vendor Designation
⅓ of our fees
at risk for the vendor's performance.
On any joint account — layered on top of Quizzify's own 100% guarantee. If a Valid Vendor doesn't deliver what its validation promises, those fees can be reclaimed.
Skin in the game — on top of our own guarantee.
A Valid Vendor is one for which Quizzify places one-third of its fees at risk for the vendor's own performance, in any joint account — in addition to Quizzify's own 100% guarantee. What follows are the rules governing this award.
How the Valid Vendor designation works.
Four straightforward conditions govern when — and how — the guarantee applies.
Validation by the Validation Institute (VI)
The vendor must be validated by VI and maintain that validation. If the vendor loses its validation, Quizzify will notify any joint customers that Quizzify's fees are no longer at risk.
Fees are at risk for what the validation says
Example: if the VI validation promises a 10% reduction in risk — but no ROI or savings — fees may be reclaimed for missing that target. Fees may not be reclaimed if that target is hit but the customer has a different source of dissatisfaction.
Eligibility for offer and partial years
Any joint customer of Quizzify and the Valid Vendor is eligible, from the time the customer contracts with either. For partial-year overlaps, the guarantee is calculated pro rata.
Timeliness of claim and dispute resolution
Claims must be submitted within 90 days of the end of the year for which the claim is being made. Disputes not resolved through negotiation will be resolved by binding arbitration — loser to pay costs — by the American Arbitration Association in Boston, MA. (Currently, this would be done remotely.)
Disclosure of fees paid to Quizzify.
So there's no ambiguity about how the program is funded, here is exactly what a Valid Vendor pays.
$2,000
for the Valid Vendor endorsement, indemnification, and write-up.
Webinar fees
$8,000
We organize and host. You participate. The registration list is shared.
$2,000
You organize and host. We participate and market to our mailing list. The registration list is shared.
No charge
To participate in podcasts organized and hosted by you, or in media releases.
Think your validated solution belongs here?
If you're validated by the Validation Institute and confident in your outcomes, let's talk about putting our fees behind yours.