August 21, 2025

Mark Gilham – Why Your Rebate Program is DESTROYING Your Business

James Kennedy sits down with Mark Gilham, Head of Enable Advisory at Enable.com, to unpack when B2B rebates create real growth – and when they quietly destroy margin. Drawing on Mark’s unusual career arc (private trust funds in Jersey, group finance at Grafton Group, and now rebate strategy), they dig into cost-plus traps, rebate vs. discount decisions, and the contract/ops misalignments that trigger disputes and missed cash.
The Gross Profit Podcast
The Gross Profit Podcast
Mark Gilham - Why Your Rebate Program is DESTROYING Your Business
Loading
/

Show Notes

James Kennedy sits down with Mark Gilham, Head of Enable Advisory at Enable.com, to unpack when B2B rebates create real growth—and when they quietly destroy margin. Drawing on Mark’s unusual career arc (private trust funds in Jersey, group finance at Grafton Group, and now rebate strategy), they dig into cost-plus traps, rebate vs. discount decisions, and the contract/ops misalignments that trigger disputes and missed cash. !!! Podcast Show Notes_ Template


About Mark Gilham

Mark leads Enable Advisory at Enable.com, helping manufacturers, distributors, and buying groups design and run rebate programs that actually pay—and don’t blow up relationships. Before Enable, he managed trust structures for high-net-worth families in Jersey and served in commercial finance roles at Grafton Group PLC (Selco, Chadwicks, Woodie’s), where he learned—sometimes the hard way—how spreadsheet logic can clash with on-the-ground reality.


What You’ll Learn

  • Rebates vs. Discounts (and when to use each): Discounts manage a single order; rebates manage a relationship. How to deploy both without cannibalizing margin.
  • Designing “win-win” rebate structures: Guardrails to ensure growth comes from net new volume—not from shifting share across your own customers.
  • Avoiding the cost-plus black hole: Why dropping invoice cost often just passes savings to the end customer (and lowers your absolute gross profit).
  • Make it specific, not complex: The simplest contract you can administer beats the clever one no one can track.
  • Dispute-proofing payouts: Use shared data/contract versions so both sides see the same earned amount, in-period.
  • Operational reality check: How a “free” delivery slot on paper can delay next-day runs and anger customers—and what finance should ask field teams before changing processes.

Episode Highlights

  • Discounts manage orders. Rebates manage relationships. Use the right tool for the job.”
  • “If you inflate rebates and starve list price, your sales team stops trusting cost—and starts guessing.”
  • Never negotiate something more complicated than you can actually manage.
  • “Great contracts can still cannibalize if you don’t specify where growth must come from.”
  • “On cost-plus, pushing savings into invoice cost often means you earn the same margin % but less money.”
  • “If a rebate check arrives and no one was expecting it, ask how many checks didn’t arrive.”

More About Mark’s Work

At Enable Advisory, Mark helps revenue and procurement leaders:

  • Stand up contracted rebates with clear eligibility, caps, and measurement windows.
  • Align finance, sales, and ops so the commercial intent survives order entry and fulfillment.
  • Replace spreadsheets with shared, auditable contract + earnings views (and reduce quarter-end disputes).
  • Pressure-test program design against pricing models (esp. cost-plus) and cash-flow realities (credit notes vs. checks vs. claim-as-you-pay).

The Gross Profit Podcast

More Episodes

Merushka Chetty

Martin Mellor – The One Hire That Changes Everything

In this episode, James Kennedy sits down with fractional CFO Martin Mellor to unpack what it really looks like to shepherd a customer through a live M&A journey – straight from the trenches (Q2 2025). Martin shares how a managed service provider (MSP) can shift from “comfortable lifestyle business” to a serious exit opportunity, what buyers care about (EBITDA multiples, recurring revenue, and quality of earnings), and how CFO-grade clarity turns a fuzzy growth plan into a focused value-creation roadmap. Along the way, they dig into target-setting (including Martin’s memorable “6-3-3” framework), leading vs lagging indicators, and how to translate finance-speak into operational decisions that actually move enterprise value.

Listen Now »
Merushka Chetty

Austin Moffat – Fractional CFO Empire: AI Tools + Family Legacy

In this episode, James Kennedy sits down with Austin Moffat, founder of DSO CFO, to unpack how Austin built a thriving fractional CFO firm for dentistry – despite taking a non-traditional route (no CPA). Austin shares how high-level competitive soccer shaped his business IQ, how an early “trial by fire” accounting role accelerated his learning, and why the dental industry urgently needs simple, decision-ready financial clarity. They also dig into dental-specific KPIs, the rise of DSOs and private equity in dentistry, and the practical AI/tech stack Austin is using to run a modern accounting firm.

Listen Now »
Merushka Chetty

Wendy Laxton – Fund Accounting Explained: Why Grant Money Gets Spent Wrong

In this episode, James Kennedy sits down with Wendy Laxton, founder of Laxton CFO Services, to unpack the “modern” version of fund accounting – how nonprofits manage restricted vs. unrestricted funds, align grant requirements with real-world operations, and avoid credibility-killing misallocations. Wendy shares how the 2008 recession unexpectedly led her into fractional CFO work, why niching down to nonprofits was a defining move, and what she’s learned from guiding organizations through system complexity – from overbuilt ERPs to intentionally “resetting” in QuickBooks and rebuilding structure over time.

Listen Now »