29/06/23 - Summary of simplifications to credits
Background
When Homesearch first launched, we planned to provide data to both agents and your clients. By sending co-branded letters we provided a cost-effective marketing method to you whilst also promoting our brand. Over time our mission has changed. We decided to focus on supporting you and as such, the co-branded letters became superfluous.
Credits = Letters
Co-branded, solo-branded, PDFs, A5... some were 1 credit some were 1.5. No one likes mental maths and let's face it, we're not a casino. Credits are only used for letters, so we decided to make it easier to manage.
1 credit = 1 letter/postcard
Letter types
No more co-branded letters. You can still send A4 and A5 PDFs and now you can create better solo branded templates. Don't worry, we've transferred all your old letters into the new format, so you won't lose any content you've created on Homesearch before.
Credit Balance
We have adjusted your credit balance to reflect this change of functionality. You can still send the same number of mailers, and in most cases, we've actually reduced the cost of sending a letter.
If you had 150 credits before, you could send 100 solo-branded letters or 100 postcards. Your new balance will be 100 credits, which still allows you to send 100 solo-branded letters.
Cost of a credit
We've made it more cost-effective to purchase credits now. The new tiers are as follows:
| Quantity of Credits | 100 | 250 | 400 | 1000 | 2500 |
| Cost per Credit | 60p | 56p | 45p | 43p | 40p |
| Cost of Credits (ex VAT) | £60 | £140 | £180 | £430 | £1,000 |
There's also an additional benefit for all our loyal clients. 😉