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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
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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