COMPENSATION PLAN 2017

Transcription

1 COMPENSATION PLAN 2017 NORTH AMERICA

2 Table of Contents 2 Topic Page Welcome Let s Get Started Retail and Preferred Customer Program 4 Enrollment Bonus 4 Fast Start Bonus 5 Residual Income 7 Generations Bonus 8 ship Bonus 8 Glossary 9

3 Compensation Plan Welcome SevenPoint2 is all about a healthier lifestyle, from products that improve your health to a generous Compensation Plan for earning income and rewards. We keep everything simple and transparent, so it s easy to understand how to advance your income. As an independent SevenPoint2 Associate, you re in business for yourself, but not by yourself. SevenPoint2 offers training to guide you every step of the way, and your team can provide the mentoring to help you move up the Compensation Plan to greater levels of earning power. Let s Get Started With SevenPoint2, you have the option to start your business slowly, or set goals that will move you up the Compensation Plan more quickly. TWO WAYS TO BUILD YOUR BUSINESS Promote a product, earn up to 2 commission! Build a strong team that retails and promotes and see your income grow. Grow Your Business Through Sales RETAIL AND PREFERRED CUSTOMER PROGRAM Promote the Product, Earn a Retail Bonus Do This In Any Calendar Month Personal Qualifying Volume Promote Product Promote More Product Promote Even More Product Earn This In Any Calendar Month Bonus & Reward Points PQV 20% Bonus 1,000 PQV 2,000 PQV MONTHLY REWARD POINTS Your monthly Reward Points are redeemable for free products. We keep it simple. 20% Bonus 100 Reward Pts on your PC orders 2 Bonus The additional is paid monthly One Reward Point $1 Value PERSONAL QUALIFYING VOLUME (PQV) Your combined $ value of your personal purchases sales to retail customers and Preferred Customers in a calendar month. NOTE: After your first calendar month, only 250 PQV from your personal purchases count towards your total PQV. The remainder needs to come from your Customer orders.

4 Co m p e nsation P la n Ret ai l & P re fe r re d Cu sto m e r P rogram 4 CUSTOMER REFERRAL BONUS Refer a Customer Customer earns 0% of the new Customer s Order in Rewards Points Let s say your Customer (Customer #1) refers another Customer (Customer #2). Then Customer #1 receives 0% of Customer #2 s order in Reward Points. Customer Referral Bonuses are a great way to incentivize your Customers to refer new Customers to you, growing your PQV organically. Example: $100 order = 0 Rewards Points earned by Customer #1, and you ve added $100 to your PQV. Rewards Points can be applied toward product orders; 1 Reward Point = $1 value. RECOMMEND TO YOUR CUSTOMERS Becoming a Preferred Customer (PC) New Preferred Customer Receives One FREE Recovery with HydroFX, Alkaline Booster or Green Caps Point out to your Customers the Just $0 benefit of becoming Preferred To Join Customers, since all of the choices for free product have retail prices higher than the $0 fee to join the Preferred Customer club. THEN RECOMMEND TO YOUR PCs Plus Up Their PC Benefits with Autoship PC Places a $100 Autoship Order PC Saves 50% on one product of their choice Free Shipping. This is in addition to one free product when they join. Preferred Customers who place an order of $100 or more receive Free Shipping*! All Autoship orders of $100 or more get Free Shipping and one additional product at 50% off! *Continental United States only. Hawaii & Alaska will receive discounted shipping rates. ENROLLMENT BONUS Increase your check by mentoring a new Associate to earn in Month 1 or 2 Help your new Associate produce (Personal Qualify Volume) within their 1st and/or 2nd month and earn an Enrollment Bonus. PQV: Includes all customer orders and personal orders. Note: This is a promotional bonus that is subject to change. Enrollment Enrollment Month 1 New Associate Second Month $5 $5 2 New Associates $100 $100 4 New Associates $500 $500 6 New Associates $1,000 $1,000

5 Compensation Plan Retail & Preferred Customer Program 5 FAST START BONUS NEW ASSOCIATES: Earn a Fast Start Bonus in the first full 90 days by achieving the PQV shown in the chart below. EXISTING ASSOCIATES: Earn a Fast Start Bonus in your first full 90 days when you help a new Associate in your downline qualify be sure to mentor and encourage new Associates so they experience success right away. Enrollment Month Associate Earns Reward Points 100 First Full Calendar Month Paid as Coordinator Associate Earns Enroller Earns Reward Points Fast Start Bonus Enroller Bonus 100 $100 $50 Second Full Calendar Month Paid as Team Associate Earns Enroller Earns Fast Start Bonus Enroller Bonus $250 $125 Third Full Calendar Month Paid as Team Associate Earns Enroller Earns Fast Start Bonus Enroller Bonus $500 $250 Must have 250 PQV to qualify for Fast Start Bonuses; eligible within the first days. Existing Associates are also eligible to earn Enroller bonuses. Bonuses Are Cumulative: If bonuses are achieved earlier, all the bonuses paid earlier and at once.

6 Compensation Plan Build A Strong Team 6 Build A Strong Team TIP: Information in PURPLE relates to GROWING YOUR TEAM YOUR TEAM S SUCCESS AMPLIFIES YOUR SUCCESS There are 12 Ranks, starting with Associate and ranging all the way up to Ambassador. The way you advance through ranks is by sharing the business opportunity with people who are interested in earning additional income, whether they are interested in part-time or full-time. It doesn t get any easier than that! TRACK YOUR DOWNLINE S PROGRESS TOWARD THE NEXT RANK Help your organization advance ranks by working with them to set goals and break through to the next rank. This advances their income and yours too! The higher your rank and the deeper your downline organization, the greater your bonus. Build a Strong Team, Earn a Level Bonus GROW ADVANCE YOUR RANK, ADVANCE YOUR LEVEL BONUS EXPAND YOUR TEAM DEEPER Associate Level 1 Level 2 Associate Coordinator Coordinator Team Team Executive National International Ambassador Level

7 Co mp e n s at i o n P l an Cl i m b Th e R ank s 7 CLIMB THE RANKS ,000 GQV/mo. 1 Dir. Sr. s AMBASSADOR INT L FIELD VP NATIONAL FIELD VP 150,000 GQV/mo. 2 Sr. Team s 2 s 80,000 GQV/mo. 1 Sr. Coordinator 2 Sr. Team s 45,000 GQV/mo. Sr. Team s EXECUTIVE DIRECTOR 25,000 GQV/mo. 1 Sr. Coordinator 2 Team s 12,000 GQV/mo. 1 Sr. Coordinator 2 Team s SENIOR DIRECTOR DIRECTOR SENIOR TEAM LEADER 6,000 GQV/mo. 1 Coordinator 1 Sr. Coordinator,000 GQV/mo. 2 Associates TEAM LEADER 1,500 GQV/mo. 2 Active Legs SENIOR COORDINATOR 250 PQV 1,000 GQV/mo. 2 Active Legs COORDINATOR SENIOR ASSOCIATE 250 PQV 500 GQV/mo. ASSOCIATE 20% Retail Commission No PQV No GQV/mo. GROUP QUALIFYING VOLUME (GQV) Your personal sales volume sales volume of your downline sales volume of your Associates downline RESIDUAL INCOME Associate Coordinator Coordinator Rank PQV Req. 250 PQV 250 PQV Team Team Executive National Int l Ambassador Monthly Group 500 1,000 1,500,000 6,000 12,000 25,000 45,000 80, , ,000 Qualifying GQV / month GQV / month GQV / month GQV / month GQV / month GQV / month GQV / month GQV / month GQV / month GQV / month GQV / month Volume (GQV) Monthly Reward Points Level Coordinator 1 Sr. Coordinator 1 Sr. Tm 1 Sr. Coordinator 1 Team 2 Tm s 2 Active Legs 2 Sr. Associates Sr. Team s 1 Sr. 2 Sr. Tm s 2 Sr. Tm s 2 Sr. s 1 Sr. s

8 Compe n s at i o n P l an G e n e rat i o n s B o nus 8 GENERATIONS BONUS Generations begin at Team and pay down to the next Team. The generation starts wherever the Team leader is in your organization. The Next Generations begin at and pay down to the next. Associate Coordinator Coordinator Rank Team Generation Generation Team Team Executive National 2% 4% 4% 4% 2% 4% 4% 2% 2% International Ambassador 5 LEADERSHIP BONUS Bonuses are paid out monthly per achieved rank. Income example is based on qualifying for each rank per month and annually. EXAMPLE: A Team s monthly ship Bonus is $100 ($1,200 12). Team Executive National Interational Ambassador Monthly $100 $00 $500 $750 $1,500 $,000 $4,000 Annually $1,200 $,600 $6,000 $9,000 $18,000 $6,000 $48,000 Rank hip s BONUS All Bonuses are Paid on Commissionable Volume (CV). Copyright 2017 SevenPoint2, LLC. All rights reserved. This sheet is a summary only. All compensation representations are subject to the current SevenPoint2 policy and procedure and compensation manual. There are no guarantees regarding income in the SevenPoint2 opportunity. The success or failure of each Associate, like in any other business, depends upon each Associate s skills and personal effort. For more information please visit

9 Compensation Plan Glossary 9 Glossary of Terms ACTIVE Global Associates are considered Active as long as they maintain 600 PQV (Personal Qualifying Volume) every six months. If an Associate falls short of the required PQV, they are reassigned to Preferred Customer status with the annual renewal date remaining the same. ASSOCIATE (GLOBAL ASSOCIATE) A person or company who has filled out the SevenPoint2 LLC application, had their application approved, and is in the Genealogy. Global Associate is the first step in rank advancement. CUSTOMER A Customer can only be associated with one Associate and cannot receive commissions. There are Retail Customers and Preferred Customers (see definition). DOWNLINE The Associate(s) below another Associate in the Genealogy. GENEALOGY The tree-like structure of an organization with legs that indicate how deep an organization is and how wide an organization is with a rank structure. GROUP QUALIFYING VOLUME (GQV) Your personal sales volume sales volume of your downline sales volume of your Associates downline. LEG A leg is a portion of an Associate s organization, starting at one of their first-level Associates and encompassing their entire organization. If a Global Associate has 10 first-level Associates, they have 10 legs in the Enroller Tree. PERSONAL ENROLLER An Associate who personally sponsors a new Associate or personally enrolls a Customer. Enroller is also the term referring to a Global Associate who personally enrolls a Customer. PREFERRED CUSTOMER (PC) It s just $0 for a Customer to join the Preferred Customer club and receive a free Recovery, Booster, Curb, or Green Caps product. They receive the same choice of one free product upon annual renewal. A PC can receive a 50% discount on one product of their choice with their monthly Autoship order of $100 or more. PQV Your combined $ value of your personal purchases sales to retail customers and Preferred Customers in a calendar month. Note: After your first calendar month, only 250 PQV from your personal purchases count towards your total PQV. QUALIFYING VOLUME (QV) A separate value attached to each product or package that is used for determining all rank qualifications (usually the same as Associate price). RANK This is the level of achievement in the compensation plan that determines how much commission is paid and the specific commission bonuses the Associate is eligible to earn. Rank is determined by sales: Personal Qualifying Volume (PQV) and Group Qualifying Volume (GQV), as well as the personal and group volume of the Associates in your group. The ranks to qualify for your next title can be on any level of your organization. RETAIL PRICE (RP) The price of an item for Retail Customers.

10 Compensation Plan Glossary 10 Glossary of Terms AUTOSHIP A monthly recurring product order that automatically ships and is on automatic recurring payment. UPLINE This refers to the Associate(s) above a new or existing Associate in the Genealogy. VOLUME The value assigned to a product that is used to determine an Associate s rank qualifications in the compensation plan (Qualifying Volume or QV), or to determine the amount of commissions being paid on a product purchase (Commissionable Volume or CV). Qualifying volume and commissionable volume may not be the same value. COMMISSIONABLE VOLUME (CV) A value assigned to a product that determines the amount of commission paid when the product is sold by an Associate. PERSONAL QUALIFYING VOLUME (PQV) Qualifying sales volume from an Associate s personal orders and customer orders. This includes volume from product purchases made directly from the Company by an Associate s Retail and Preferred Customers. QUALIFYING VOLUME (QV) A value assigned to a product to determine the amount of qualifying volume on a product purchase. REWARD POINTS Reward points are redeemable for free product. One Reward Point is equal to $1 in value. Reward Points expire after 90 days. WHOLESALE PRICE (WP) The price of an item to Associates. GROUP QUALIFYING VOLUME (GQV) The total qualifying volume of a group of Associates that roll up to an Associate who has achieved a rank.