Be A Smart Earner - ì

Transcription

1 Be A Smart Earner - ì Generate a second income, the smarter way to own an ecommerce Business Compensation Plan

2 Key Features q Make Money by becoming an Affiliate and promote your affiliate link to earn advertising fees from Qualifying Purchases. q Work from the comfort of your home, or as you travel, on your computer, tablet, or smartphone q It's easy and free to join, no obligation, and no purchase requirements ever q Thousands of commissionable products to advertise to your customers, with new products added daily q We take care of all orders, payments, shipping, and customer service for you. q No experience necessary; we train you FREE q Excellent long-term residual income potential q Earn money worldwide. Fun and Modern program built for the ecommerce. q World-class 24/7 support & assistance

3 GET DOUBLE CASHBACK* ECOMMERCE AND AFFILATE MARKETING PACKAGES Package Name Amount in INR QV Capping in INR Shopping Voucher (Cashback) in INR Shopping Voucher (Bonus) in INR Starter 2, ,000 3,000 3,000 Basic 4, ,000 5,000 5,000 Premium 9, ,000 10,000 10,000 Business 24, ,000 25,000 25,000 VIP 49, ,000 50,000 50,000 1 QV 65 INR Capping Team Commission weekly and Leadership Bonus monthly q Calculation of income plans is based on the QV (Qualified Volume) q Package amount is refundable for first 30 days and QV will display on 31 st day of package purchase if there is no refund. q Placement of network based on the First Come First Serve basis and 3 Generations will generate for each ID (1G (1 st Generation), 2G (2 nd Generation) and 3G (3 rd Generation). q If the ID has completed 3 Generations it will place in extreme right of 3 rd Generation on the further IDs of your direct. q Minimum 3 Direct Referral is mandatory to become eligible for network related incentives.

4 Shopping Points Redemption Table How to Redeem? v Shopping Points can be redeemed based on the company s margin from each vendor/seller. If the product has 50% margin user is allowed to redeem the cashback voucher 100% and do not required to pay extra cash to buy that product. Each product s allowed redemption points will display at the time of checkout. A sample calculation is displayed on the table. Margin from vendor Cashback Voucher Bonus Voucher 5% 10% 5% 10% 20% 10% 15% 30% 15% 20% 40% 20% 25% 50% 25% 40% 80% 40% >50% 100% 50% u Buy products for your own use from shopping portal or stock point and redeem your shopping point. u You can buy products for your friends, relatives, customers etc. and redeem your shopping point. OR OR u Promote your affiliate links through social media or to attract new users to the shopping portal. If any of your referred customers purchase an item; an amount equal to your allowed redemption amount will transfer from your shopping point to Cashout Wallet. You can withdraw that amount to your bank.

5 Definitions & General Terms AFFILIATE PARTNER A person who signed up for Affiliate Program to promote ecommerce website and invite customers to company s shopping portal by using their affiliate link. You can invite unlimited customers and and it does not allow you to introduce new promoters. ACTIVE PROMOTER - An Active Promoter has minimum 20 Personal Qualification Volume (PQV) or 10 CV in retail sales per month. INACTIVE PROMOTER - A Promoter does not reach the minimum of 20 PQV or 10 CV in retail sales per month. 1G FIRST GENERATION Your first generation 2G SECOND GENERATION Your second generation 3G THIRD GENERATION Your third generation WEEKLY PAY CYCLE - The Weekly Pay Cycle runs Friday through Thursday night at midnight Time. Weekly commissions and bonuses are paid on the Monday following the end of the pay cycle. MONTHLY PAY CYCLE - Monthly commissions and bonuses are paid out on the 15th of the month based on the previous month s production COMMISSION VOLUME CV is based on the purchases made by your referred registered customers from company s ecommerce website. QUALIFIED VOLUME QV is based on the amount of each package that counts toward commissions. GROUP QUALIFICATION VOLUME GQV is the total Qualified Volume on the sales generated within your team. *Terms and conditions apply

6 7 Ways to Earn Income Type of Income Who can earn? What is it? q PERSONAL CUSTOMER COMMISSION INCOME BASED ON YOUR DIRECT CUSTOMER S SALES Any Affiliate Partner INCOME BASED ON THE ECOMMERCE PACKAGE Get rewarded for acquiring new customers through your affiliate link. q FAST START BONUS Any Active Promoter Earn when you help new promoter to enroll with a package. q TEAM COMMISSION Any Active Promoter Earn residual income by building a team. q LEADERSHIP BONUS Any Active Promoter Help people and achieve additional earnings. q CAR BONUS Regional Director & Above Earn a monthly bonus. q AMBASSADOR BONUS Any Director & Above Earn on customers purchases from shopping portal. q STAR BONUS Presidential Directors & Above Royalty Income

7 1. Personal Customer Commission Who gets paid? Any affiliate can earn personal customer commission. Why? - Get rewarded for ACQUIRING CUSTOMERS the more Customers you sell to, the more you earn. What do I do? - PROMOTE THE ECOMMERCE WEBSITE! HOW IT WORKS u You can earn Personal Customer Commission from Retail Customers who order directly from Company s website under your Promoter ID. COMMISSION VOLUME (CV) Over % % % % EARN % (part of your active qualification) u Commissions are paid on your personal volume exceeding 10 in cumulative COMMISSION VOLUME (CV) cumulative per month.

8 RANKING RANK q PROMOTER q DIRECTOR q AREA DIRECTOR q REGIONAL DIRECTOR q NATIONAL DIRECTOR q EXECUTIVE DIRECTOR q PRESIDENTIAL DIRECTOR Any active promoter QUALIFICATION 3 active lines with total of 2,000 Group Qualification Volume (GQV) per month 3 active lines with total of 6,000 GQV per month with 60% rank criteria. 3 active lines with total of 12,500 GQV per month with 60% rank criteria. 3 active lines with total of 25,000 GQV per month with 60% rank criteria. 3 active lines with total of 50,000 GQV per month with 60% rank criteria. 3 active lines with total of 100,000 GQV per month with 60% rank criteria. u 60% RANK CRITERIA - No more than 60% of your Rank Qualification Volume can come from a single Line, making it important to have 3 Active Lines. u GROUP QUALIFICATION VOLUME (GQV) - The total Qualified Volume of all orders placed within a person s Lines of referral.

9 2. FAST START BONUS Who gets paid? Any Active Promoter can earn Fast Start Bonus. Why? - To incentivize you to HELP NEW PROMOTERS begin promoting The Challenge with the products and resources they need to succeed. What do I do? - HELP OTHERS to join the Program with an enrollment Package. Mentor your promoters to develop, expand and maintain their teams. HOW IT WORKS u Every time you personally enroll someone that purchases an enrollment package, you earn a FAST START BONUS equal to 20% of the enrollment package QV.

10 3. TEAM COMMISSION Who gets paid? Any Active Promoter is eligible to earn Team Commission. Why? - Team Commission reward you for building a successful team. It allowing you to earn not just from your own efforts, but from the efforts of your Team as well. What do I do? Mentor your team of promoters to earn increasing Team Commission from enrollment packages generated by your team from 1G & 2G. HOW IT WORKS u Earn 10% on matching QV on 1G and 2G. u Capping as per the enrollment package. u Carry forward of strong side QV unmatched.

11 4. LEADERSHIP BONUS Who gets paid? Any Active Promoter is eligible to earn Leadership Bonus. Why? - Leadership Bonus reward you for building a successful team on your 3 rd Generation. To encourage you to develop your team on unlimited direct referrals. What do I do? Mentor your team of promoters to earn increasing Leadership Bonus from enrollment packages generated by your team from (1G+2G) & 3G. HOW IT WORKS u Earn 20% on matching QV on the sum of 1G and 2G will match with 3G. u Capping as per the enrollment package. u Carry forward of strong side QV unmatched.

12 5. CAR BONUS Who gets paid? Active Regional Director and above is eligible for the Car Bonus. Why? - Your car is a symbol of YOUR success! What do I do? QUALIFY AS REGIONAL DIRECTOR. HOW IT WORKS u Reach and maintain the rank of Regional Director or higher for two consecutive months u LEASE OR BUY an eligible car under the ViDrive Program. Vi DRIVE EXOTICS u Monthly Car Bonus eligible to earn 50,000 BONUS.

13 6. AMBASSADOR BONUS REPURCHASE INCOME Who gets paid? Directors and above can earn Ambassador Bonus. Why? - GET REWARDED for equipping people with the resources to promote our products, acquire Customers and achieve personal success. What do I do? Help your customers use Company Shopping Portal to purchase products. CALCULATION OF INCENTIVE ON DIFFERENCE BASIS Net Sales Incentive of a Direct Seller is calculated by deducting Sales Incentive of down line group from Sales Incentive of total group. This can be termed as calculation on difference basis. The Sales Incentive relates to the Direct Seller who becomes disqualified for any reason for Sales Incentive, shall not be excluded for calculate of Sales Incentive payable to other Direct Sellers on difference basis..

14 AMBASSADOR BONUS ON CV COMMISSION VOLUME (CV) % % 1,000 1,999 20% 2,000 3,999 24% 4,000 6,999 28% 7,000 9,999 32% 10,000 14,999 36% 15,000 24,999 40% 25,000 49,999 45% Above 50,000 50% PERCENT Example: When one has business like Purchases in 1G Group - 5,000 CV Purchases in 2G Group - 3,000 CV Purchases in 3G Group - 2,000 CV Self Purchase CV Total Commission Volume - 10,500 CV Calculation of Ambassador Bonus Bonus of total group - 10,500 X 36% i.e. 3,780 Less Bonus of 1G - 5,000 X 28% i.e. 1,400 Less Bonus of 2G - 3,000 X 24% i.e. 720 Less Bonus of 3G - 2,000 X 24% i.e. 480 Net Ambassador Bonus - 1,180 CV i.e. 76,700 ü Ambassador Bonus will be released to only those Direct Sellers whose minimum purchase of Products is 10 C.V. on accrual basis in the relevant month. ü Ambassador Bonus will be calculated on monthly Commission Volume on difference basis (Deduction of ambassador bonus of downline from ambassador bonus of total group). ü If Direct Seller does not receive payment due to non compliance of rules of Direct Selling by Direct Seller or by any other reason created by Direct Seller, then complete responsibility for delay/ non payment will be of Direct Seller ü If any defect is found in any of the Products purchased, then the same can be returned/ exchanged within 30 days from the date of purchase. The returned product must be supported with Bill of purchase and such product should not be damaged from any angle. The purchaser should ensure that condition of the product should be similar to the condition which was prevailed at the time of purchases.

15 7. STAR BONUS Who gets paid? Presidential Directors and above can earn Star Bonus. Why? - As company mentors, our ELITE GROUP OF TOP-PRODUCING LEADERS share an additional bonus. What do I do? ACHIEVE THE RANK OF PRESIDENTIAL DIRECTOR or above. HOW IT WORKS u 2% of the total company s Qualified Volume (QV) will be distributed among the qualifiers based on their contribution level.

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