Retail Profit Opportunity with Affordable Product Entry
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Enhance your retail business with competitive prices, better profit streams, and easy qualifying opportunities. Detailed business rules and examples provided. Effective from March 11, 2008.
Retail Profit Opportunity with Affordable Product Entry
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Presentation Transcript
You can present an attractive and affordable business opportunities with a lower product price entry level • Provides you with a better Retail Profit income stream • It greatly enhances your sustainable retail business through a combination of competitively-priced desirable products and retail profit • It is easier to qualify and activate your Tracking Centres (TC) • You have better opportunities to earn Quick Start Commission (QSC)
Implementation Date: 11 March 2008 Business Rules
Business Rules • All new IRs first purchase will be at retail price effective 11 March 2008 • IR’s first purchase could be a personal purchase OR sales to a retail customer • The IR’s referrer gets the retail profit from the retail purchase • The retail profit will be credited to the IR’s referrer’s Quest Account on a weekly basis.
Business Rules • IR would still allocate his own commissionable UV (CUV) • IR’s second purchase onwards would be at the IR price • Should the new IR’s first purchase are multiple products, all products will be charged at Retail prices.
Business Rules • Referrer gets the Commissionable UV (CUV) from the retail sales and will be credited to his/her CUV bank for allocation later. The Qualifying UV (QUV) will create a Tracking Centre (TC) for the referrer if the referrer has all his existing TCs qualified.
Implementation Date: 11 March 2008 Business Rules
Refers to the point value of a product that counts towards qualification requirements of a Tracking Centre. The minimum QUV to qualify a TC is 1 QUV. • Refers to the point value of a product that is used in the calculation of the binary commissions.
Example I • Example of First Purchase Benefits: • Mr. A referred • Each of them purchased 1 product at Retail Price of US$ 480 (IR Price: US$ 430) • Retail Profit for each referral = US$ 50 • Total Retail Profit for Mr. A • = US$ 50 X 4 = US$ 200 • 2) Mr. A also earns QSC of US$ 50 Mr. B Mr.D Mr. E Ms F
Example II • Example of First Purchase Benefits: • Mr. A referred • Each of them purchased 1 Product at Retail Price of US$ 480 (IR price: US$ 430) • Retail Profit for each • referral = US$ 50 • Total Retail Profit for Mr. A • = US$ 50 X 4 = US$ 200 • 2) Mr. A also earns binary • commission of US$ 250 Mr. B Mr.D Mr. E Ms F
1.) A PRIMARY TC MUST be qualified with a minimum of 1 QUV with 0.5 CUV from a purchase or retail sale Example: Mr. A purchases a product with 1QUV & 0.5 CUV
2.) Primary TC should first be qualified before any other TCs are qualified. Example: Mr. A purchase a product with 1 QUV & 0.5 CUV
3.) IR has to qualify all existing TCs before a new TC can be created. Example: Mr. A purchases a product with 2 QUV & 1.5CUV
4.) QUVs purchased will create equivalent TCs. A maximun of additional 2 TCs can be created per transaction where you have an option to place them or place in the TC bank. Example: Mr. A purchases an additional product with 2 QUV & 1.5 CUV
5.) Placement rules still apply. Example: Mr. A tries to purchase an additional product with 2 QUV & 1.5 CUV
6.) Quick Start Commission rules still apply. Example: Mr. A referred two direct referrals who purchased products with 1 QUV , 0.5CUV within 4 weeks from the date of registration.
Strictly no CUV / QUV reallocation once it has been allocated. • IR could still be Activated by referring 1 left /1 right Qualified Direct Referrals who purchased products with 1 QUV and 0.5 CUV. • Left and Right volume will be counted based on downlines’ CUV. • Rank requirements remain the same. • CUV bank will remain to store CUVs from retail sales until they are allocated by the Referrer. Important Notes
Compensation Plan 3 CUV Left and 3 CUV Right = $250.00 One Cycle Step I 3 3 = $250.00 Step II 3 3 = $250.00 Step III 3 3 = $250.00 Step IV 3 3 = $250.00 Step V 3 3 = $250.00 Step VI 3 3 = $250.00(E-Voucher) 18 CUV 18 CUV = $1500.00 *E-Voucher is worth 10 Cycle points and can be used to redeem products in the QuestNet Redemption Store