GanoLife Compensation Plan Explained
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Transcript of GanoLife Compensation Plan Explained
Compensation Plan
There are many ways to realize your dreams with GanoLife™. With us you have the opportunity to create the income you want 365 days a year. Plus, earn trips to some of
the most desired locations on our beautiful planet.
It’s all part of GanoLife’s powerful Compensation Plan.
GanoLife™ provides a straightforward way to generate generous retail profits. As an Affiliate, you purchase the products at wholesale (Affiliate Pricing) and mark them up for resale to your Customers (GanoLife provides you with a Suggested Retail Price (SRP) to help you establish a competitive market value). You simply keep the difference between wholesale and retail.
AFFILIATE PRICE
SUGGESTED RETAIL PRICE
(SRP)
17$
25$
Note: Prices subject to change without notice.
PROFIT
8$
RetailProfits | RP+
LEADERS EMERGING AND PROSPERING
GanoLife™ is proud to present L.E.A.P. ™ - an innovative blend of traditional merchandising and Network Marketing that generates greater profits and grows your bonus check. We offer a variety of models that you and your team can place in strategic sales locations in your hometown.
Project L.E.A.P. provides advantages that far exceed traditional Direct Sales models. Each kiosk you enroll generates retail profits for the owner and Bonuses for you (plus the organization that introduced you to GanoLife). Project L.E.A.P. is just one of the advantages of the GanoLife 365 Prosperity Plan and a major advance in traditional Network Marketing compensation!
LEADERS EMERGING AND PROSPERING Note: Available the second trimester of 2013.
Project LEAPTM | PL+
DirectBonus | DB1-3 GanoLife rewards your efforts and enthusiasm each time you help one of your new Affiliates build their business with one of our three Executive Packs (X-Pack1-3). As expected, your Direct Bonus corresponds to the X-Pack purchased – the bigger the package, the greater the bonus!
To qualify for a Direct Bonus, you must have also built your business using an X-Pack1-3 of similar or greater value and remained Active.
Alternative methods of joining GanoLife are available that do not generate a Direct Bonus. You may simply purchase a GanoLife eKit for just $25, become an Affiliate and reserve your placement in the GanoLife organization.
Or you can join with our Genesis Pack, set up a 50 BV (Bonus Volume) FlexOrder and become qualified to earn a 10% Fast Start Binary bonus when you help someone in each leg of your Binary organization do the same.
The Genesis Plus Pack trains new Affiliates from the very start to think of the long term benefits of establishing a 100 PV FlexOrder where you can accumulate Loyalty Points you can redeem for FREE products while meeting minimum requirements to earn the Residual Binary bonus.
Please understand that none of these alternatives allow you to maximize your earnings potential with GanoLife like an X-Pack3, an X-Pack2 or even an X-Pack1.
500 pts.150X3X1
100 pts.25$
$
Note: Prices subject to change without notice.
75X2
$
250 pts.
$
Paid on all purchases generated by a new enrollee during their first six (6) weeks in GanoLifeTM.
With this generous bonus, you are compensated for the purchases generated by all new Affiliates who join your organization (both direct and indirect) in accordance with the X-Pack you personally chose to initiate your GanoLife business.
If you joined with:
20%X-Pack3, you receive:
15%X-Pack2, you receive:
12%X-Pack1, you receive:
Notes
• Unlimited earnings potential on all purchases generated during an Affiliate’s first six (6) weeks in GanoLifeTM.
• To benefit from this bonus, you must have at least 50 BV in each leg of your binary organization.
• An Affiliate eKit, the Genesis Pack or the Genesis Plus Pack, generates a 10% Fast Start Binary Bonus during an affiliates first six (6) weeks 10%.
FastStart Binary | FSB6
This bonus entitles you to earn 10% to 15% (depending on Rank) of all BV generated by a potentially unlimited number of Affiliates (starting their 7th week in GanoLife and beyond) placed on your “Pay Leg” (the smaller of the two legs in your Binary organization). As you advance in Rank, the Residual Binary can increase to 15% (see chart on page 23).
Remember that to earn this bonus, you and your team must have generated at least 300 BV in each of your Binary Legs.
Starting Week 7
10%
ResidualBinary | RB∞
1
3
X1
X2
X3
2
INITIAL PURCHASE:Select the X-Pack that best meets your business needs.
Remain Active plus generate a minimum of 200 PV during four (4) weeks (including personal and customer purchases).
Remain Active plus generate a minimum of 600 PV during four (4) weeks (including personal and customer purchases).
Remain Active plus generate a minimum of 1200 PV during four (4) weeks (including personal and customer purchases).
Generate 350 GBV in one Enrollment Tree Leg (no time limit).or
or
orGenerate 1,500 GBV in your Enrollment Tree, with a maximum of 500 GBV coming from any one Enrollment Leg (no time limit).
Generate 750 GBV in your Enrollment Tree, with a maximum of 300 GBV coming from any one Enrollment Leg (no time limit). Example: 300 GBV in 1st Enrollment Leg, 300 GBV in 2nd Enrollment Leg and 150 GBV in a 3rd Enrollment Leg = 750 GBV.
UPGRAdE GRowTH - Upgrade your Fast Start status by generating the following:
UPGRAdE PURCHASE:Upgrade your X-Pack by paying the difference in price*.
Note: (*) Offer valid only during your first six (6) weeks as a GanoLife Affiliate.
BuildingwithX-Packs | X1-3
Example:Assuming you initiated your business with X-PackD3 and have remained Active and Qualified, you receive the 20% FSB6 on the BV generated by your Pay Leg – Paul and Betty – during their first six (6) weeks of affiliation with GanoLife. On a continuing basis, when Active and Qualified, you will receive the 20% FSB6 on all BV generated by any new Affiliates in your Pay Leg during their first 6 weeks of affiliation. Once their initial six (6) weeks have passed, you will earn 10% to 15% (depending on your Rank) from the Residual Binary (RB∞) on subsequent Pay Leg purchases.
POWER LEG
50 BV
50 BV
50 BV50 BV
50 BV
PAY LEG
WEEKS
123456789
101112
20% FSB 20% FSB20% FSB20% FSB20% FSB20% FSB10% RB10% RB10% RB10% RB10% RB10% RB
----
20% FSB20% FSB20% FSB20% FSB20% FSB20% FSB10% RB10% RB10% RB10% RB
--------
20% FSB20% FSB 20% FSB 20% FSB 20% FSB 20% FSB10% RB10% RB
Affiliate 1 Affiliate 2 Affiliate 3
Table illustrates three (3) new Affiliates who have joined GanoLifeTM with X-Pack3 at different times and the six (6) weeks their sponsor will earn the FSB6 (Fast Start Binary), followed by commencement of the RB∞ (Residual Binary) that is paid on all
subsequent purchases (from the 7th week forward).
Building withX-Packs | X1-3
YOU
Sara
John
Peter
Betty
Paul
When you reach the rank of Diamond, GanoLife rewards you handsomely for building Double Platinum (or higher rank) leaders in your Enrollment Organization – through as many as eight (8) generations.
A generations begins with a Star300 and ends with a Double Platinum (or higher rank), regardless of depth. This means a generation can include the sales volume of an entire Enrollment Leg that begins with a Double Platinum (or higher rank) that does not include another Double Platinum (or higher rank).
The amount paid is based on a floating percentage of BV remaining after payment of the RB∞ and the Global Leadership Fund (GLF4) described later.
MasterBonus | MB8
UNTIL THE NEXT DOUBLE
PLATINUM
UNTIL THE NEXT DOUBLE PLATINUM
G2 G3 G4
G2 G3 G4
TRIPLE CRowN 8 generations
doUBLE CRowN 8 generations
CRowN 7 generations
TRIPLE dIAMoNd 6 generations
doUBLE dIAMoNd 5 generations
dIAMoNd 4 generations
STAR300
STAR50
STAR 300
STAR1,000
PLATINUM PLATINUM STAR1,000
DOUBLE PLATINUM
DOUBLE DIAMOND
DOUBLE DIAMOND
DOUBLE PLATINUM
DOUBLE PLATINUM
STAR300
STAR1,000
STAR1,000
STAR 1,000
DOUBLE PLATINUM
DOUBLE PLATINUM
G1
YoU ACTIVE &
QUALIFIEdG1
G1
Example
MasterBonus | MB8
Once you reach Triple Diamond (or higher rank), you are eligible to participate in the GLF4 that sets aside 4% of global BV. You earn pro rata shares in this pool for the first Diamond (or higher rank) you develop in each of your Enrollment Tree Legs.
GLoBALSHARES
THREE
1 share only for the first diamond (or higher rank) developed in each Enrollment Tree Leg
1 share
1 share 0 share
1 share
AFFILIATE
AFFILIATE
AFFILIATE AFFILIATE PLATINUM
PLATINUM
DOUBLE PLATINUM
PLATINUM
TRIPLE PLATINUM
STAR 1,000
STAR 50
DIAMOND OR HIGHER
DIAMOND OR HIGHER
DIAMOND OR HIGHER
STAR 1,000
STAR 50
STAR 300
DIAMONDOR HIGHERExample of
GlobalLeadershipFund | GLF4
• A national Destination (within the country of enrollment).
• A weekend of fun that starts Friday morning and ends Sunday.
• You are invited the first time you achieve Double Platinum.
• Consists of 80% Training and 20% fun
GanoLifeTM
rewards your successwith spectacular trips
and incentives.
PacesetterClub365TM | PC365
A power-packed retreat designed to help double Platinums reach diamond.
• Annual Luxury Trip. • 100% fun in some of the most enchanting and beautiful places
in the world, like the Galapagos Islands, Machu Picchu, the Virgin Islands, Belize, the Mayan Riviera, Easter Island, Rio di Janeiro, Australia, New Zealand, Bali, Greece, Spain and much more.
• Qualify by achieving Diamond before the trip.
• If you are already a Diamond (or higher rank), you are invited when someone in your Enrollment Tree reaches Diamond prior to the trip – no more than two (2) generations below you.
DiamondClub365TM | DC365
Initiating all new diamonds in the exclusive diamond Club 365.
PV
GBV
PE Star
Consecutive Weeks
Residual Binary
Residual Bonus (Max/Wk)
Master Bonus
Business Centers
Global Leadership Fund
Avg. Annual Earnings
AffiliateStar50
Platinum Diamond CrownStar300
DoublePlatinum
DoubleDiamond
DoubleCrown
Star1000
TriplePlatinum
TripleDiamond
TripleCrown
Note: No earning limits associated with the Direct Bonus or the Fast Start Binary, regardless of rank.Shares earned for each Diamond Leg you develop in your Enrollment Tree.
The average earnings presented represent the average earnings by rank as reported to government agencies around the globe.
RanksClimb the
As you build a successful GanoLife business, you will begin to climb through our ranking system. Along with enhancing your income, a higher rank will give you a level of prestige and recognition, establishing your reputation as an industry leader.
-- 50 50 50 100 100 100 100 100 100 100 100 100
-- 50 300 1K 2K 4K 6K 10K 20K 30K 50K 100K 150K
-- -- -- 1 1 2 2 3 3 4 4 5 6
-- -- 1 1 1 1 2 2 3 4 4 4 4
10% 10% 10% 10% 11% 12% 13% 14% 15% 15% 15% 15% 15%
-- -- 500 1K 1.5K 2.5K 5K 8K 10K 10K 10K 10K 10K
-- -- -- -- -- -- -- 4 5 6 7 8 8
-- 1 1 1 1 1 1 1 1 2 3 4 4
-- -- -- -- -- -- -- -- -- P P P P
-- -- 1,872.00 6,240.00 12,480.00 24,960.00 37,440.00 79,200.00 158,400.00 590,541.18 1,101,882.35 1,850,823.53 2,599,764.71
ActiveAn affiliate is considered Active when they have accumulated 50PV during a rolling 4-week period.
Binary TreeThe two-legged binary organization that forms the foundation of the GanoLife compensation structure. Also known as the Placement Tree.
Placement TreeWhen a new Affiliate joins GanoLife, they are placed in one of the two legs of the Binary structure – often referred to as the Power Leg and the Pay Leg. More generically they are referred to as the Left Team and Right Team. As an Affiliate builds their own Binary structure, they become eligible to generate Team Bonuses from the smaller of their two teams or their Pay Leg.
Business Center – BC1-4
Each GanoLife Affiliate has the opportunity to open as many as four (4) Affiliate positions or Business Centers to further expand their business and maximize their earnings. A second Business center becomes optional once they achieve Triple Diamond, the third becomes optional when they achieve Crown and the fourth becomes optional when they achieve Double Crown.
Carryover BVTo calculate Bonuses, GanoLife subtracts the BV generated by the Pay Leg from the BV Generated by the Power Leg (including any Carryover BV). The difference (Carryover BV) is added back into the Power Leg once weekly Bonuses are calculated. Unused Carryover BV accumulates for 12 months maximum.
Direct Bonus – DB1-3
The Bonus earned by an Enroller when his/her new Direct (personally enrolled) Affiliate chooses to initiate their business with an X-Pack1-3.
EnrollerAn Affiliate who directly enrolls another Affiliate in GanoLife is known as the Enroller. The Enroller is responsible for the supervision and development of those Affiliates he/she enrolls.
Enrollment TreeSimilar to a family tree, the Enrollment Tree connects you to the people who join GanoLife before you and are responsible for your enrollment and to the people who enrolled them. At the same time it connects you to the people you are responsible for enrolling and to the people they enroll.
Fast Start Binary – FSB6
A special bonus (10%, 12%, 15% or 20%) paid to a new Affiliate’s Enroller during the new Affiliate’s first six weeks in GanoLife™ – depending on the X-Pack1-3 (or other option) selected by the Enroller to initiate his/her business.
FSB Qualification Status –FSBQS1-3
The FSB percentage associated with the X-Pack1-3 acquired (12%, 15% or 20%) or the FSB percentage associated with other enrollment options..
Global Leadership Fund – GLF4
GanoLife sets aside 4% of the Bonus Volume (BV) associated with global revenues and divides it pro rata amongst all qualified Triple Diamonds (and higher ranking Affiliates) in accordance with the number of Enrollment Tree Legs they develop that includes at least one Diamond or higher ranking Affiliate. One share is earned on only the first Diamond or higher ranking Affiliate per Enrollment Tree Leg.
GLOSSARY
Group Bonus Volume (GBV)The BV associated with purchases made by your Pay Leg.
L.E.A.P. ™ (Leaders Emerging and Prospering)Acronyms used by GanoLife to identify our blend of two proven marketing channels – traditional merchandising and MLM – through the use of sales kiosks. For many, L.E.A.P. is GanoLife’s most distinguishing advantage.
Master Bonus – MB8
Earned once an Affiliate achieves the rank of Diamond or higher, by helping Affiliates in his/her Enrollment Tree to achieve the rank of Double Platinum or higher rank (through as many as 8 Generations). A Generation starts with a Star 300 and ends with a Double Platinum or higher rank. Once the RB∞ and the FSB6 have been paid, all remaining funds are pooled together to calculate a pro rata share per qualifying Generation. GanoLife™ uses this bonus to ensure a full 50% pay out of the BV generated companywide.
Pay LegThe Binary Leg with the least BV (including any Carryover BV) generated during any given weekly pay period.
Personal Volume (PV)The sales volume associated with any personal purchases (including Customer and Preferred Customer purchases).
Placement Enrollers may place the Affiliates they enroll wherever they believe will be of greatest strategic benefit in their Binary Tree.
Power LegThe Binary Leg with the most BV (including any Carryover BV) generated during any given weekly pay period.
QualifiedYou are Qualified to earn Bonuses when you have a Direct Affiliate in each Leg (Right and Left) of your Binary Tree who are Active because they are generating a minimum of 50 PV during a given rolling 4-week Qualification Period.
Qualifying PurchaseThe PV (50 or 100) required by Rank to remain Active during a rolling 4-week period.
Qualification PeriodThe rolling 4-week period used to determine whether an Affiliate has generated a minimum of 50 PV required to be considered Active and eligible to earn Bonuses.
RankAn achievement benchmark established by GanoLife used for recognition purposes and compensation purposes. For recognition purposes, GanoLife uses the highest Rank ever achieved. For compensation purposes, GanoLife uses actual requirements established for each rolling 4-week period.
Residual Binary - RB∞
Active and Qualified Affiliates earn this bonus based on the total Bonus Volume (BV) generated by the Affiliates on their Pay Leg of their Binary Tree who have been with GanoLife™ for more than six weeks. X-Pack1-3
Promotional packs developed by GanoLife that generate Direct Bonuses and establish the initial FSB1-3 Qualification Status.