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REPRESENTATIVE TRAINING. COMPENSATION PLAN. AN OVERVIEW. THE COMPENSATION PLAN. PRODUCT PRICING. THE DISTINCTION BETWEEN PV AND BV. PV is used to calculate Rank and Volume Requirements
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COMPENSATION PLAN AN OVERVIEW
THE DISTINCTION BETWEEN PV AND BV • PV is used to calculate Rank and Volume Requirements • BV is a conversion factor used to adjust for higher product costs and is used to calculate a representative’s pay: • For example: • Prodovite – 65 PV and 52 BV The Representative is paid on the BV.
CUSTOMER PAYOUT Customers receive a 10% discount when on Auto Ship Sponsor receives the difference between Retail and Wholesale Prodovite – Regular Customer – $85.00 Retail Representative receives $20.00 Prodovite – Preferred Customer - $76.50 Retail Representative receives $11.50 ( instead of $5.20 uni-level payment ) Up line uni-level commissions are paid on the CV
Fast Start Bonus The Fast Start Bonus is a 25% bonus paid to the Sponsor when their newly sponsored Representative, or higher, places a minimum order of $130 (or more). This order can be placed anytime. No Uni-level commission will be Paid on the $130.00 (or more) order yet the amount will count as GV for the original sponsor. This bonus is paid weekly.
Match Award Victory Nutrition will match the uni-level portion of the Representative’s commission check the month after the Representative has reached the following ranks for the first time. Manager, Executive Manager and Director
Rank Maintenance Bonus Representatives will receive a one-time bonus for maintaining the following ranks for a minimum of three consecutive months. • Manager $250.00 • Executive Manager $500.00 • Director $ 750.00 • Executive Director $1000.00
Victory Bonus • Victory Nutrition will pay you 10% of the commission bonus checks on each of your personally sponsored Representatives every month you maintain minimum PV of 225
Elite Bonus Pool Each Share of the Elite Bonus Pool is comprised of 2% of the total monthly commissionable volume for Victory Nutrition.
Elite Bonus Pool(cont.) Presidential Director Maintain Position for 3 Months to qualify for 1 Share. No one share will earn more than $50,000 (US) per month and is paid out on a pro-rata basis. If they fall out of qualification they must start the three months of qualification over to regain their share
Elite Bonus Pool(cont.) Founders Founders will receive one (1) share in the Elite Bonus Poolfor each Founder’s Pack they purchased.
See the websites for more information www.onthepathtovictory.com or www.vniinc.com
SUPPORT FOR YOUR BUSINESS THE TOOLS TO DO THE JOB
TOOLS COMPENSATION PLAN PRODUCT INGREDIENTS SHEET PRODOVITE SINGLE PAGE FLYER PRODOVITE 6 PANEL FLYER BRAIN REWARD FLYER Recruiting 6 Panel Flyer TESTIMONIALS WEBSITE www.vniinc.com TRAINING MANUAL AND PATH TO SUCCESS ARCHIVED CALLS BUSINESS CARDS
MORE TOOLS TEAM SITE www.onthepathtovictory.com HOME MEETINGS AVAILABLE MICROSCOPIST SUPPORT REGULAR BUSINESS MEETINGS VIDEOS ON WHY WE ARE DIFFERENT - CORPORATE CULTURE - PRODUCTS - BUSINESS MODEL VIDEO ON RECRUITING BLOOD VIDEO – www.livebloodcellvideo.com 3 WAY CALLS PEOPLE COMMITTED TO YOUR SUCCESS