business rules
DESCRIPTION
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 - PowerPoint PPT PresentationTRANSCRIPT
• 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)
Business RulesBusiness Rules
Implementation Date: 11 March 2008
• 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 RulesBusiness 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 RulesBusiness 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.
Business RulesBusiness Rules
Business RulesBusiness Rules
Implementation Date: 11 March 2008
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.
Visual ExamplesVisual Examples
Example of First Purchase Benefits:
1) 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$ 50Total Retail Profit for Mr. A = US$ 50 X 4 = US$ 200
2) Mr. A also earns QSC of US$ 50
Example IExample I
Mr. BMr. D Mr. EMs F
Example of First Purchase Benefits:
1) 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$ 50Total Retail Profit for Mr. A= US$ 50 X 4 = US$ 200
2) Mr. A also earns binary commission of US$ 250
Example IIExample II
Mr. BMr. D Mr. EMs F
Visual ExamplesVisual Examples
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