Qnet q infinite compensation plan presentation

40
1
  • Upload

    -
  • Category

    Education

  • view

    145
  • download

    13

description

 

Transcript of Qnet q infinite compensation plan presentation

Page 1: Qnet q infinite compensation plan presentation

1

Page 2: Qnet q infinite compensation plan presentation

2

Page 3: Qnet q infinite compensation plan presentation

3

IR = RI INDEPENDENT REPRESENTATIVE = RECURRING INCOME

By becoming a QNET Independent Representative,

you have given yourself the unlimited opportunity of Recurring Income

through repeat purchases and retail sales within a universal community!

Page 4: Qnet q infinite compensation plan presentation

4

UNIVERSAL Community

• QNET is the world’s fastest-growing online shopping and business community.

• Home to the best lifestyle products in the right business, our world-class compensation plan is the heart of your QNET career as an Independent Representative (IR).

• Because our expanding universal community of customers and distributors are our most important asset, we ensure to offer the most dynamic and innovative plan in the direct selling profession.

Page 5: Qnet q infinite compensation plan presentation

5

UNLIMITED Opportunity

• With 8 different ways to earn and up to 50% of sales paid out in commissions, QNET is a powerfully rewarding, unlimited opportunity.

• The QNET borderless business opportunity means big business for you, without bounds or borders. 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 with QNET is unlimited.

Page 6: Qnet q infinite compensation plan presentation

6

Your journey through the universal community

to achieve unlimited opportunity.

START HERE Enrol, Qualify Tracking Centres

& Activate your account

DO THIS • Sponsor IRs who BUILD and Retail Customers who BUY

• Maintain your own activity and quarterly requirement

• Be a loyal satisfied user of your own products and services

• 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

Page 7: Qnet q infinite compensation plan presentation

7

HOW DO I START?

Page 8: Qnet q infinite compensation plan presentation

8

GETTING STARTED IS SIMPLE

1

Enrol 2

Qualify 3

Activate 4

Maximise

Page 9: Qnet q infinite compensation plan presentation

9

Enrol

• Enrol online through www.qnet.net or through your Direct

Referrer’s Personal Website.

• Pay for your one-year IRship Package (USD 30)

Online Business Planner & Product Portfolio

Access to your Virtual Office

IR Personal Website

Access to 3 eStores

Business, marketing, and eCommerce tools

• Receive three (3) Tracking Centres upon enrolment. These are

the foundations of your placement tree.

Page 10: Qnet q infinite compensation plan presentation

10

Qualify

• Qualify at least one of your Tracking

Centres with 500 qualifying BV each

by selling products to a Retail

Customer or making a Personal

Purchase.

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

Page 11: Qnet q infinite compensation plan presentation

11

Activate

• To Activate means a Qualified IR directly refers 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. Combining BV from Personal Purchase, directly referred Qualified Referral’s purchase and directly referred Retail Customer’s Purchase

Special Launch Promo!

Self-Activation will be allowed.

Page 12: Qnet q infinite compensation plan presentation

12

Activation Method #1 Personal Sponsorship

Place one (1) Qualified Direct Referral under each side of any of

your Tracking Centres.

Page 13: Qnet q infinite compensation plan presentation

13

Activation Method #2 Combination: Personal Purchase + Directly Referred Qualified IR’s

Purchase + Directly Referred Retail Customer’s Purchase

The combination of BV from Personal Purchase, Directly Referred Qualified IR’s Purchase and Directly Referred Retail Customer’s Purchase allocated to each of the three Tracking Centres.

Page 14: Qnet q infinite compensation plan presentation

14

Self Activation*

Qualify Tracking Centres 001, 002 and 003 from retail sales or

Personal Purchase.

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.

*Special Launch Promo!

Page 15: Qnet q infinite compensation plan presentation

15

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

universal community.

Page 16: Qnet q infinite compensation plan presentation

16

Page 17: Qnet q infinite compensation plan presentation

17

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

Page 18: Qnet q infinite compensation plan presentation

18

Q2 Repeat Sales Points

• From every sale of repeat products 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.

Page 19: Qnet q infinite compensation plan presentation

19

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

Page 20: Qnet q infinite compensation plan presentation

20

Repeat Sales Points (RSP)

• Definition: Points earned from repeat sales. These points are

convertible either into Cash or BV.

• An Active IR earns RSP by selling products from the QNET Repeat

eStore to Retail Customers or from Personal Purchases of their

sponsored Downlines as deep as three 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.

Page 21: Qnet q infinite compensation plan presentation

21

Definitions & Rules

RSP Cash equivalent* BV equivalent

60 USD 10 20 BV

300 USD 60 160 BV

600 USD 150 420 BV

1,000 USD 300 900 BV

RSP Conversion to Cash and BV

*RSP will automatically be converted into cash after two (2) quarters and directly credited to the Q Account (QA).

Any remaining RSP will be calculated into USD using a proportion rate based on 60 RSP.

Page 22: Qnet q infinite compensation plan presentation

22

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.

Page 23: Qnet q infinite compensation plan presentation

23

Q3 Early Payout

The Early Payout applies only to Primary TC

001, at 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

1,000 BV USD 50

1,000 BV USD 50

1,000 BV USD 100

This illustrates Early Payout to IR under Bronze Star Rank.

Page 24: Qnet q infinite compensation plan presentation

24

The illustration shows Step 1 of the

Step Commission and how Early

Payout is earned (totaling USD 200).

Qualified and Activated IR A earns USD 50

(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 USD 50

(another 1,000 BV on lower-volume Leg)

Qualified and Activated IR A earns USD 100

(another 1,000 BV on lower-volume Leg)

Page 25: Qnet q infinite compensation plan presentation

25

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 sponsored 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

Page 26: Qnet q infinite compensation plan presentation

26

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 Note: IR must be Qualified and Activated to earn Step Commissions.

STEP 1 ends and STEP 2 begins

Qualified and Activated IR A earns USD 200

(another 3,000 BV on lower-volume Leg)

Page 27: Qnet q infinite compensation plan presentation

27

Enhanced Step Commission Chart

*EP stands for eVoucher Points, which are used to redeem products in the QNET Redeem Store.

Please refer to Income Disclaimer

Step

Business

Volume (BV) Rank

Lower-Volume

Leg (BV)

Bronze

Star

Silver

Star

Gold

Star

Platinum

Star

Diamond

Star

1 3,000 BV USD 200 USD 225 USD 250 USD 275 USD 300

2 3,000 BV USD 200 USD 225 USD 250 USD 275 USD 300

3 3,000 BV USD 200 USD 225 USD 250 USD 275 USD 300

4 3,000 BV USD 200 USD 225 USD 250 USD 275 USD 300

5 3,000 BV USD 200 USD 225 USD 250 USD 275 USD 300

6 3,000 BV 10 EP 10 EP 10 EP 10 EP 10 EP

Page 28: Qnet q infinite compensation plan presentation

28

Weekly Maximised Step Commission per TC

Rank Bronze

Star

Silver

Star

Gold

Star

Platinum

Star

Diamond

Star

Payout per step USD 200 USD 225 USD 250 USD 275 USD 300

Maximised steps per week 40 50 60 70 80

Maximised payout per week

USD

6,800

+60 EP

USD

9,450

+80 EP

USD

12,500

+100 EP

USD

16,225

+110 EP

USD

20,100

+130 EP

Page 29: Qnet q infinite compensation plan presentation

29

Q6 Rank Advancement Bonus

With Rank Advancement in the Step

Commission, you can be rewarded with

up to USD 60,300 in cash 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 maximised weekly

payout can be achieved.

It pays to Grow!

Page 30: Qnet q infinite compensation plan presentation

30

Quarterly Rank Advancement Requirements

Page 31: Qnet q infinite compensation plan presentation

31

Quarterly Rank Maintenance Requirements

Page 32: Qnet q infinite compensation plan presentation

32

Maximised Earnings

Rank Qualifications Weekly Maximised Cash*

Bronze Star • Tracking Centres must be Qualified and Account must

be Activated** Up to USD 20,400 / week

(USD 6,800 / TC / week)

Silver Star** • 3 Qualified Direct Referrals *** Up to USD 28,350 / week

(USD 9,450 / TC / week)

Gold Star** • Earn 2 Steps ****

• Retail sales/personal purchase of 60 BV/quarter

• 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 USD 37,500 / week

(USD 12,500 / TC / week)

*Based on 3 Tracking Centres maximising.

**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.

Page 33: Qnet q infinite compensation plan presentation

33

Maximised Earnings (Platinum Star)

Rank Qualifications Weekly Maximised

Cash*

Platinum

Star**

• Retail sales/personal purchase of 60 PBV/quarter

• Must achieve 2 steps.

• Must have 3 Qualified Direct Referrals.

• 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 from 30

Sep 2012 to 29 Mar 2013. Regular: 120,000 BV.

• Maintain Platinum Star requirements for 2 consecutive

quarters.

Up to USD 48,675 / week

(USD 16,225 / TC / week)

*Based on 3 Tracking Centres maximising.

**IR Tracking Centres must be Qualified and accounts Activated to advance to any rank beyond Bronze Star.

Page 34: Qnet q infinite compensation plan presentation

34

Maximised Earnings (Diamond Star)

Rank Qualifications Weekly Maximised Cash*

Diamond

Star**

• Retail sales/personal purchase of 60 PBV/quarter.

• Must achieve 2 steps.

• 3 Qualified Direct Referrals.

• Achieve 1,200 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 Rank upwards/quarter

• Achieve 180,000 BV in the Lower Volume Leg.

• Achieve Diamond Star requirements for 4 consecutive

Quarters

Up to USD 60,300 / week

(USD 20,100 / TC / week)

*Based on 3 Tracking Centres maximising.

**IR Tracking Centres must be Qualified and accounts Activated to advance to any rank beyond Bronze Star.

Page 35: Qnet q infinite compensation plan presentation

35

Maximising Step Commissions

As a global leader in direct selling,

QNET pays up to USD 300 per

step at the Diamond Star Rank!

Page 36: Qnet q infinite compensation plan presentation

36

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!

Page 37: Qnet q infinite compensation plan presentation

37

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.

Page 38: Qnet q infinite compensation plan presentation

38

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 A Qualified IR who has placed at least one Qualified

Direct Referral on each side of any of his/her Tracking

Centres.

Enrol To register as an IR into the QNET business and pay

the USD 30 one-year IRship Package.

Independent

Representative (IR)

A person who has enrolled to build a business

organisation by selling products and sponsoring others.

Qualified IR An IR who has at least one (1) Tracking Centre with

the minimum qualifying 500 BV.

Page 39: Qnet q infinite compensation plan presentation

39

Terminology & Rules – Volume and Points

Referrer An IR who refers Retail Customers or other IRs

by helping them to become Independent

Representatives of 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 for products.

Group Repeat Business

Volume

BV earned from repeat sales made to your lines of referralship or within your network.

Repeat Sales Points (RSP) Points earned from repeat sales/personal

purchases, made by your 3-level direct referrals

which are convertible into Cash or BV.

Page 40: Qnet q infinite compensation plan presentation

40

Terminology & Rules – Key Concept

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 purposes.