QNet Hungary Compensation Plan Presentation - QNET4U.COM - IR ID Refer: HD023105
QNET Compensation Plan Presentation_India
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Transcript of QNET Compensation Plan Presentation_India
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IR = RI INDEPENDENT REPRESENTATIVE = RECURRING INCOME
By becoming a QNET Independent Representative,
you can choose to have the unlimited opportunity of Recurring Income
through personal consumption and retail sales!
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QNET Community
QNET is the one of the fastest-growing online shopping and business community.
Home to the best lifestyle products in the right business, our prestigious compensation plan is the heart of your QNET career as an Independent Representative (IR).
Because our expanding QNET community of customers and distributors are our most important asset, we ensure to offer the most dynamic and innovative plan in the direct selling arena.
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QNET Opportunity
• With 8 different ways to earn and up to 50% of sales paid out in commissions, QNET is a powerfully rewarding opportunity.
• The QNET business opportunity means big business for you. Dream big, act with purpose and passion. The rewards will follow!
• Whether you want to enhance your life through great products, to achieve financial freedom to support your family, to travel the world, to get more out of life… your opportunity lies with QNET.
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Your journey through the QNET community
to achieve the business opportunity.
START HERE Register, Qualify
& Activate your account
DO THIS • Be a loyal satisfied user of your own products and services
• Retail Customers who BUY and Refer IRs who BUILD
• Maintain your own activity and quarterly requirement
• Progress through the QNET Star Ranks
GET THIS • Retail Profit
• Repeat Sales Points
• Early Payout
• First Purchase Profit
• Step Commission
• Rank Advancement Bonus
• Year-Round Rewards
• Travel Incentives
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HOW DO YOU START?
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GETTING STARTED IS SIMPLE
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Register 2
Qualify 3
Activate 4
Maximise
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Register
• Register online for Free through www.qnetindia.in
• Receive three (3) Tracking Centres upon Registration. These
are the foundations of your placement in the genealogy.
Note: Tracking Centre” or “TC” means a position in the Company’s database.
Commissions and/or bonuses are calculated on the sale of products with
reference to each Tracking Centre
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Annual Maintenance Fee
• Pay an Annual Maintenance Fee of INR 1,500 for the following
services from the IR’s first Anniversary Date
Online Business Planner & Product Portfolio
Access to your Virtual Office
Access to 3 eStores
Business, marketing, and eCommerce tools
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Qualify
• Qualify at least one of your Tracking
Centres with 500 BV by selling
products to a Retail Customer or
making Purchase for personal
consumption.
Tracking Centre 001 is now qualified with 500 BV.
Extension 002 and 003 are not yet Qualified.
Tracking Centre Required
Qualifying BV
001 500 BV
002 500 BV
003 500 BV
Note: Required Qualifying BV for TC 004 and subsequent TCs is minimum
1000 BV.
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Activate
• To Activate means a Qualified IR directly sponsors at least one (1) Qualified Direct
Referral per side of any of his/her Tracking Centres
• There are two ways to activate:
1. Personal Sponsorship
2. A combination of Personal Purchase, directly referred Qualified IR Purchase and directly referred Retail Customer’s Purchase
Special Launch Promo!
Self-Activation will be allowed
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Activation Method #1 Personal Sponsorship
Help to qualify one direct referral under each side of any of your tracking centres
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Activation Method #2 Combination: Personal Purchase + Directly referred Qualified IR
Purchase and Directly Referred Retail Customer Purchase
The combination of BV from Personal Purchase, directly referred Qualified Referral Purchase and directly referred Retail Customer Purchase allocated to each of the three Tracking Centres.
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Self Activation*
Qualify Tracking Centres 001, 002 and 003 from Retail Sales or
making Purchase for Personal consumption.
All products are personally
purchased by the IR.
All products are purchased by the
Retail Customer but
corresponding BV is allocated to
Referrer’s TCs.
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Maximise
Move to action as you build and
lead an organisation of people who
share the same dreams and goals
as you. By progressing through the
QNET Star Ranks, you can
maximise earnings and enjoy a
richer and fuller lifestyle as a
member of the growing QNET
community.
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Q1 Retail Profit
• Selling QNET products directly to your Retail
Customers is the cornerstone of a solid
foundation for your business.
• When you refer a Retail Customer who
purchases from the Company, you receive
the Retail Profit, which is the difference
between your customer’s Retail Price and
your discounted price as an IR.
Price paid
by Retail
Customer
Your Price
Your Retail
Profit
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Q2 Repeat Sales Points
• From every repeat sale of products through the QNET Repeat eStore * to Retail Customers or Direct Referrals, the active Direct Referrer up to three (3) levels will earn the designated points which can be converted into either cash or Business Volume (BV).
• Repeat Sales Points are automatically computed and you can easily manage them in your Virtual Office.
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Repeat
Sales
Points
Direct Referrer Level III
Receives Repeat Sales
Points
Direct Referrer Level II
Receives Repeat Sales
Points
Direct Referrer Level I
Receives Repeat Sales
Points
IR or Retail Customer
Purchases Products
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Repeat Sales Points (RSP)
• Definition: Points earned from repeat sales which are convertible
either into Cash or BV.
• An active IR earns RSP from repeat sales through the QNET
Repeat eStore to the Retail Customers or from Personal Purchases
of their referred Downlines as deep as three (3) levels.
• Points not converted into BV will be automatically converted into
cash if not redeemed within six (6) months.
• BV converted from RSP is credited to the IR’s BV Bank. It is used to
qualify a TC and counts in GBV for Step Commission calculation.
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Definitions & Rules
RSP Cash equivalent* BV equivalent
60 INR 460 20 BV
300 INR 2,760 160 BV
600 INR 6.900 420 BV
1,000 INR 13,800 900 BV
RSP Conversion to Cash and BV
*RSP will automatically be converted into cash after 6 months and directly credited to the Commission Payable
Account (CPA). Any remaining RSP will be calculated into INR using a proportion rate based on 60 RSP.
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Compression
Creates
Excitement!
When an IR misses the
quarterly requirement,
active IRs from below
temporarily move up to
replace them.
QNET pays producers!
Before Compression After Compression
IR Quarterly Requirement Achieved?
Yes = Active IR
No = Inactive IR
NOTE: B and D are temporarily replaced by F and I but will resume their positions once they again meet their quarterly activity requirements.
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Q3 Early Payout
The Early Payout applies only to Primary TC
001,Cycle 1, Step 1 and is paid according to
the following Commission Schedule.
It’s a powerful way to get fast cash!
Lower-Volume Leg Early Payout Time Frame
1,000 BV INR 2,500 IR must achieve the required
lower-volume leg within the
first 4 weeks from IR’s
registration date.
1,000 BV INR 2,500 IR must achieve the required
lower-volume leg within the
first 6 weeks from IR’s
registration date.
1,000 BV INR 5,000 N/A
This illustrates Early Payout to IR under Bronze Star Rank.
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The illustration shows Step 1 of the
Step Commission and how Early
Payout is earned (totaling INR 10,000).
Qualified and Activated IR
A earns INR 2,500
(1000 BV on Lower-Volume Leg)
STEP 1 ends and STEP 2 begins
Step 1 : 3,000 BV on Lower-Volume Leg
Qualified and Activated IR
A earns INR 2,500
(another 1,000 BV on Lower-Volume Leg)
Qualified and Activated IR A earns INR 5.000 (another 1,000 BV on Lower-Volume Leg)
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Q4 First Purchase Profit
As a Referrer, you will receive the First
Purchase Profit from the qualifying retail
sale/purchase made by your new
personally referred IR. The First Purchase
Profit is the difference between the price of
the first purchase of an IR (made at Retail
Price) and the IR Discounted Price.
Price paid
by
personally
sponsored
IR IR
Discounted
Price
Your First
Purchase
Profit
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Q5 Step Commission
Step Commission is the progressive
commission paid according to an
IR’s compensation level.
At the end of each commission
period (week), QNET through its
advanced and modern commission
engine will search down your Tree to
determine group BV and the
allowable commission amounts per
Tracking Centre determined by
active rank.
STEP 2 ends and STEP 3 begins
STEP 1 ends and STEP 2 begins
Qualified and Activated IR A earns INR 10,000 (another 3,000 BV on Lower-Volume Leg)
Note: IR must be Qualified and Activated to earn Step Commissions.
BV Balance from Step 1 will be carried over to Step 2
onwards
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Step Commission Chart
*EP stands for eVoucher Points, which are used to redeem products in the QNET Redeem eStore.
Step
Business Volume
(BV) Rank
Lower-Volume
Leg (BV)
Bronze
Star
Silver
Star
Gold
Star
Platinum
Star
Diamond
Star
1 3,000 BV INR 10,000 INR 11,250 INR 12,500 INR 13,750 INR 15,000
2 3,000 BV INR 10,000 INR 11,250 INR 12,500 INR 13,750 INR 15,000
3 3,000 BV INR 10,000 INR 11,250 INR 12,500 INR 13,750 INR 15,000
4 3,000 BV INR 10,000 INR 11,250 INR 12,500 INR 13,750 INR 15,000
5 3,000 BV INR 10,000 INR 11,250 INR 12,500 INR 13,750 INR 15,000
6 3,000 BV 10 EP 10 EP 10 EP 10 EP 10 EP
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Weekly Maximum Step Commission per TC
Rank Bronze
Star
Silver
Star
Gold
Star
Platinum
Star
Diamond
Star
Payout per step
INR 10,000 INR 11,250 INR 12,500 INR 13,750 INR 15,000
Maximum steps per week 40 50 60 70 80
Maximum payout per week
INR 340,000 + 60 EP
INR 472,500 + 80 EP
INR 625,000 + 100 EP
INR 811,250 + 110 EP
INR 1,005,000 + 130 EP
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Q6 Rank Advancement Bonus
With Rank Advancement in the Step
Commission, you can earn up to
INR 3,015,000 plus eVoucher Points
each week!
As you grow and advance in rank, the
amount paid per step increases, the
number of weekly steps allowed
increases, and the maximum weekly
payout can be achieved.
It pays to Grow!
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Quarterly Rank Advancement Requirements
* Quarterly requirements (13 weeks)
** One-time requirement.
1Personal Business
Volume, BV
BV achieved from the purchases/retail sales from the Repeat E-
storeN/A N/A 60 60 60
2 Steps earned Number of Steps earned from 14 April 2012 onwards.
This is a one time requirement to be achieved in Gold Star Rank
N/A N/A
Number of new Qualified direct Referrals from 14 April 2012
onwards.
This is a one time requirement to be achieved in Silver Star Rank
4Repeat Sales Points
(RSP)
Points earned from Repeat Sales or purchases made by 3-level
Downlines under your line of Referralship which are convertible into
cash or BV.
N/A N/A 200 600 1,200
5BV from new Direct
Referrals, BV
Your BV achieved from the purchases of your direct Referrals from
Qualify E-store and Repeat E-storeN/A N/A 500 1,000 1,500
Your BV achieved/earned from the Repeat Sales made by the
Downlines under your lines of Referralship.
For Gold Star Rank: 1,000 GRBV from the Repeat Sales within your
network.
For Platinum Star Rank: 15,000 GRBV with no more than 7,500
GRBV coming from each direct line of Referralship. This means
that 15,000 GRBV must come from at least 2 or more direct
Referral lines
For Diamond Star Rank: 50,000 GRBV with no more than 12,500
GRBV coming from each direct line of Referralship. This means
that 50,000 GRBV must come from at least 4 or more direct
Referral lines
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Number of Indirect
Referrals with New
Rank Advancement
Your indirect Referrals who advanced from Silver to Gold Star Rank
and upwardsN/A N/A N/A 30 90
Your BV in the weaker leg in the Binary Genealogy
For Platinum Star Rank : Achieve 120,000 BVs per week on Lower
Volume Leg for 8 weeks within a Quarter.
PROMO: Achieve 86,400 BV per week on Lower Volume
Leg for 8 weeks from 30 Sep 2012 to 29 March 2013
For Diamond Star Rank: Achieve 180,000 BVs per week on Lower
Volume Leg for 8 weeks within 1 Quarter
To become Platinum Star - From Gold Star rank, achieve
Platinum Star requirements for 2 consecutive Quarters and
become a Platinum Star from the beginning of the next Quarter.
To become Diamond Star - From Platinum Star rank, achieve
Diamond Star requirements for 4 consecutive Quarters and
become a Diamond Star from the beginning of the next Quarter.
QUARTERLY RANK ADVANCEMENT REQUIREMENTS
No CRITERIABRONZE
STAR
SILVER
STAR
Pay-out Rank
Maintenance9 N/A N/A
3Number of Qualified
Direct Referrals N/A 3
Diamond
Star
2
50,000
8Lower Volume Leg,
BV
PLATINUM
STARDEFINITION/REMARKS
N/A
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Group Repeat
Business Volume ,
GRBV
N/A N/A
GOLD
STAR
PROMO
86,400 BV per Week
(from 30 September
2012 to 29 March
2013)
REGULAR: 120,000 BV
per Week
180,000 per Week
Achieve Platinum
Star requirements
for 2 consecutive
Quarters
Achieve Diamond
Star requirements
for 4 consecutive
Quarters
N/A
1,000
N/A
N/A
15,000
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1Personal Business
Volume, BV
BV achieved from the personal purchases/retail sales from the
Repeat E-storeN/A N/A 60 60 60
2 Steps earned Number of Steps earned from 14 April 2012 onwards.
This is a one time requirement to be achieved in Gold Star Rank
N/A N/A
Number of new Qualified direct Referrals from 14 April 2012
onwards.
This is a one time requirement to be achieved in Silver Star Rank
4Repeat Sales Points
(RSP)
Points earned from Repeat Sales or purchases made by 3-level
Downlines under your line of Referralship which are convertible into
cash or BV.
N/A N/A 200 600 1,200
5BV from new Direct
Referrals, BV
Your BV achieved from the purchases of your direct Referrals from
Qualify E-store and Repeat E-storeN/A N/A 500 1,000 1,500
Your BV achieved/earned from the Repeat Sales made by the
Downlines under your lines of Referralship.
For Gold Star Rank: 1,000 GRBV from the Repeat Sales within your
network.
For Platinum Star Rank: 15,000 GRBV with no more than 7,500
GRBV coming from each direct line of Referralship. This means
that 15,000 GRBV must come from at least 2 or more direct
Referral lines
For Diamond Star Rank: 50,000 GRBV with no more than 12,500
GRBV coming from each direct line of Referralship. This means
that 50,000 GRBV must come from at least 4 or more direct
Referral lines
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Number of Indirect
Referrals with New
Rank Advancement
Your indirect Referrals who advanced from Silver to Gold Star Rank
and upwardsN/A N/A N/A 30 90
Your BV in the weaker leg in the Binary Genealogy
For Platinum Star Rank : Achieve 120,000 BV per week on Lower
Volume Leg for 8 weeks within a Quarter.
PROMO: Achieve 86,400 BV per week on Lower Volume
Leg for 8 weeks from 30 Sep 2012 to 29 March 2013
For Diamond Star Rank: Achieve 180,000 BV per week on Lower
Volume Leg for 8 weeks within 1 Quarter
QUARTERLY RANK MAINTENANCE REQUIREMENTS
15,000 50,000
3Number of Qualified
Direct Referrals N/A
No CRITERIA DEFINITION/REMARKSBRONZE
STAR
8Lower Volume Leg,
BVN/A N/A
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Group Repeat
Business Volume ,
GRBV
N/A N/A
N/A
PROMO
86,400 BV per week
for 8 weeks (from 30
September 2012 to 29
March 2013)
REGULAR: 120,000 BV
per week for 8 weeks
180,000 per week
SILVER
STAR
GOLD
STAR
PLATINUM
STAR
Diamond
Star
2
3
1,000
Quarterly Rank Maintenance Requirements
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Maximum Earnings
Rank Qualifications Weekly Maximum Cash*
Bronze Star • Tracking Centres must be Qualified and Account must
be Activated**
Up to INR 1,020,000 /
week (INR 340,000 / TC /
week)
Silver Star** • 3 Qualified Direct Referrals *** Up to INR 1,417,500/ week
(INR 472,500 / TC / week)
Gold Star** • Earn 2 Steps ****
• Retail sales/personal purchase of 60 BV/quarter from
the Repeat eStore.
• Achieve 200 Repeat Sales Points (RSP)/quarter
• Achieve 500 BV from new Direct Referral(s)/quarter
• Achieve 1,000 BV in Group Repeat Business
Volume/quarter
Up to INR 1,875,000/ week
(INR 625,000 / TC / week)
*Based on 3 Tracking Centres
**IR Tracking Centres must be Qualified and accounts Activated to advance to any rank beyond Bronze Star.
***One-time requirement, already earned in the Silver Star rank.
****One-time requirement, already earned in the Gold Star rank.
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Maximum Earnings (Platinum Star)
Rank Qualifications Weekly Maximum Cash*
Platinum
Star**
• Retail sales/personal purchase of 60 BV/quarter from
the Repeat eStore
• Achieve 600 Repeat Sales Points (RSP)/quarter
• Achieve 1,000 BV from new Direct Referrals/quarter
• Achieve 15,000 BV in Group Repeat Business
Volume/quarter
• 30 Indirect Referrals with new Rank Advancement from
Silver Star Rank upwards/quarter
• Achieve 86,400 BV in the Lower Volume Leg per week
for 8 weeks from 30 Sep 2012 to 29 Mar 2013 (Promo)
Regular: 120,000 BV per week for 8 weeks
• Maintain Platinum Star requirements for 2 consecutive
quarters.
Up to INR 2,433,750 /
week (INR 811,250 / TC /
week)
*Based on 3 Tracking Centres.
**IR Tracking Centres must be Qualified and accounts Activated to advance to any rank beyond Bronze Star.
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Maximum Earnings (Diamond Star)
Rank Qualifications Weekly Maximum Cash*
Diamond
Star**
• Retail sales/personal purchase of 60 BV/quarter from
the Repeat eStore.
• Achieve 1200 Repeat Sales Points (RSP)/quarter
• Achieve 1,500 BV from New Direct Referral(s)/quarter
• Achieve 50,000 BV in Group Repeat Business
Volume/quarter
• 90 Indirect Referrals with new Rank Advancement from
Silver Star Rank upwards/quarter
• Achieve 180,000 BV in the Lower Volume Leg per week
for 8 weeks
• Achieve Diamond Star requirements for 4 consecutive
Quarters
Up to INR 3,015,000 /
week (INR 1,005,000 / TC
/ week)
*Based on 3 Tracking Centres.
**IR Tracking Centres must be Qualified and accounts Activated to advance to any rank beyond Bronze Star.
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Maximising Your Step Commissions
As a leader in direct selling, QNET
pays up to INR 15,000 per step at
the Diamond Star Rank!
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Q7 Year-Round Rewards
• Special Cash Incentives
• Discounts on Best-Sellers
• Fun and Exciting Promotions
• eVouchers for Product Redemption
There’s always something fresh, new,
and fun with Year-Round Rewards!
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Q8 Travel Incentives
QNET celebrates milestones and leadership with travel awards.
Annual Reward Trips
Platinum Star Fly-In As a new QNET Platinum Star IR, you qualify for the VIP Tour at
corporate headquarters, including free airfare and hotel
accommodations for top-level leadership training.
Diamond Star Award Travel Qualifying QNET Diamond Star IRs will enjoy an all-expense-paid
trip for two to an exciting destination announced annually.
Leadership Celebration Diamond Star IRs and Platinum Star IRs enjoy an exclusive
leadership celebration in elite settings that inspire and connect
the leadership team.
* Terms and Conditions Apply
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Terminology & Rules – Getting Started
Active IR Any IR who generates a minimum of 60 BV per quarter by
making retail sales/personal purchases from the Repeat
eStore.
Activated IR To Activate means a Qualified IR directly referred at least
one (1) Qualified Direct Referral per side of any of his/her
Tracking Centres.
Register To register as an IR into the QNET business.
Independent
Representative (IR)
A person who has registered to build a business organisation
by selling products and referring others.
Qualified IR An IR who has at least one (1) Tracking Centre with the
minimum 500 BV.
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Terminology & Rules – Volume and Points
Referrer An IR who refers Retail Customers or prospective
IRs to QNET.
Business Volume (BV) The point value of a product used to qualify TCs and
calculate Step Commissions.
eVoucher Points (EP) Points earned at every Step 6 of any given
Commission Cycle, redeemable against products.
Group Repeat Business Volume (GRBV) BV earned from repeat sales within your network.
Repeat Sales Points (RSP)
Repeat Sales
Points earned from repeat sales/personal purchases
which are convertible into Cash or BV.
Means the recurrence sales or purchases of
products from the company.
Compression When an IR does not meet the quarterly requirement
of 60 BV, Active IRs below that IR will move up to
temporarily fill his/her position for commission
calculation purposes.
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Earnings & Income Disclaimer
We make every effort to ensure that we accurately represent our products and services and the potential for income. Earning and/or income statements made by our Company and/or Independent Representatives are estimates of what you can possibly earn. There is no guarantee that you will make these levels of income and you accept the risk that the earnings and income statements differ from individual to individual. The examples are not to be interpreted as any guarantee, promise, representation and/or assurance. We do not purport our business and/or us as being a 'get rich scheme'.
As with any business, your results may vary, and will be based on your individual capacity, business experience, expertise, and level of desire. There are no guarantees, promises, representations and/or assurances concerning the level of success you may experience. Your level of success in attaining the results claimed depends on the time you devote to the business, the ideas and techniques mentioned, your finances, knowledge and various skills, since such skills and factors differ according to individuals.
Testimonials and examples used are exceptional results, which do not, or may not, apply to the average person, and are not intended to guarantee, promise, represent and/or assure that anyone will achieve the same or similar results. We reiterate that each individual’s success depends on his or her background, dedication, desire and motivation. There is no assurance that examples of past earnings can be duplicated in the future. We cannot guarantee your future results and/or success. There are some unknown risks in business that we cannot foresee, which can reduce results. We are not responsible for your actions. Any claims made of actual earnings or examples of actual results can be verified upon request.
The use of our information, products and/or services should be based on your own due diligence, which you undertake and confirm that you have carried out to your entire satisfaction. You agree that our Company is not liable for any success or failure of your business, acts and/or conduct that is directly or indirectly related to the business and/or the purchase and use of our information, products and/or services.