FAQs & Common Misconceptions
I have been trading under my family name for over 15 years and have established quite a good reputation; I’m not prepared to give that up for Thrifty-Link Hardware signage.
One of things that make the Thrifty-Link Hardware group so successful in Hardware retailing is the uniqueness of each individual store. The Thrifty-Link Hardware brand is there to complement your existing brand/name, not to replace it. You can still have your business name with the added strength and credibility that the Thrifty-Link Hardware brand brings.
How much of your turnover does Danks receive as a Membership Fee?
Nil. Danks only charges a modest monthly contribution fee which is known as a Marketing Levy to cover the costs associated with Advertising. There are charges for POS & catalogues based on user pays system, i.e. you only pay for what you use. All of our fees are transparent as we don’t believe in hidden charges.
Do you have monthly compulsory catalogues?
Group Members have the flexibility to determine their own level of catalogue participation that best suits their market opportunity. There are 5 core events for seasonal peak periods such as Easter, Mid-Year, Father’s Day, Spring and Christmas as well as optional catalogues and range inserts from which to choose.
How much capital do I need to invest?
This very much depends upon the unique circumstances of each Thrifty-Link Hardware store. If you were starting from scratch, it would be realistic to expect to invest $200 per square meter for shop fixtures and $600 per square meter for inventory. Other capital items should be discussed with a Business Manager.
Do I have to buy shares?
Thrifty-Link Hardware Group members are not required to nor are they expected to purchase any Danks Shares. Your capital stays in your business.
Can I leave if I chose to without any financial penalty?
Yes, provided that your Danks trading account is within the agreed terms and the Thrifty-Link Hardware Paint Agreement has expired. We have a paint agreement that runs for six years and stores that leave prior to the term will be obligated to compensate Danks for the outstanding amount.
Contact Us
For further information about becoming a Thrifty-Link Hardware member, please feel free to contact us and we’ll arrange for one of our managers to contact you within 24-48 hours.
Alternatively, you can directly contact the State Manager responsible for your state.