luxury hair direct compensation

12
444 Highland Ave. NE Suite G100 Atlanta, Georgia 30312 United States (T) 855 710 4247 [email protected] www.luxuryhairdirect.com Luxury Hair Direct Compensation Plan

Upload: lourdes-goodson

Post on 10-May-2015

114 views

Category:

Small Business & Entrepreneurship


2 download

DESCRIPTION

How Many People Do You Know Who Wear Weave or Wigs? The Answer to this question can get you Paid!. Luxury Hair Direct Is Changing The Hair Game. If You Want To Start A Hair Business Then We Want You! Everything Is In Place For You, All You Have To Do Is Make Money. http://weave2wealth.com

TRANSCRIPT

Page 1: LUXURY HAIR DIRECT Compensation

444 Highland Ave. NESuite G100Atlanta, Georgia30312United States

(T) 855 710 4247

[email protected]

Luxury Hair Direct Compensation Plan

Page 2: LUXURY HAIR DIRECT Compensation

Welcome to Luxury Hair DirectYour Success is Our Success!

Understand Our Compensation Plan

Welcome to the Luxury Hair Direct Family. Congratulations on making the important decision to take the fate of your financial future into your own hands! Luxury Hair Direct was founded by Rajeev Kaila and Michael Moran, who are two young entrepreneurs based out of Atlanta, GA. Both Kaila and Moran have had tremendous success in other business ventures, but both felt frustrated that many of their friends and family couldn’t share in the same success. Together they formed Luxury Hair Direct under the central principal of helping others achieve financial success doing what they love to do! This compensation plan will show you how you can earn income in the program while having fun and making new

friends! So, let’s get started. Welcome aboard!

In the following pages, you will be introduced to a few sections that will ultimately help you understand our compensation plan and how you will be able to earn an extra income working with products you love.

- The Power of Good Relationships

- Different Ways to Make Money

- Some Practical Examples

- Management Levels

- Leadership Levels

- Success Education

“Without continual growth and progress, such words as improvement, achievement, and success have no meaning.” ~ Benjamin Franklin

Page 3: LUXURY HAIR DIRECT Compensation

The more distributors you add to your team, the more earnings potential you will have. Always be on the lookout for talented new distributors that may want to start their own hair product distribution business, and after you enroll them,

help them get started! The better your downline does, the better you will do. This is truly a business of people helping people. Let’s all succeed together!

Our team is commited to your success!

The Power of Good RelationshipsA Key to Your Success!

Passion

100% 100% 100%Vision Integrity

Retail Customers

These are people who purchase Luxury Hair Direct products. When you make a retail customer sale, you earn the difference between the wholesale price and retail price for the products sold. Additionally, you earn a retail rebate bonus, which is a percentage of the commissionable volume (CV) of all products sold in the given calendar month. The more you sell, the more you earn!

Distributors

Distributors are people who you chose to join your team and who want to build their own business. You will earn a $40 Fast Start Bonus for each distributor that you enroll who purchases the Associate Starter Pack and a $50 Fast Start Bonus for each distributor that you enroll who purchases the Manager Starter Pack. Additionally, you will earn a commission on all purchases made by a distributor and their downline.

Every good business revolves around having the right people on your team. LHD is no exception. You will learn to make money by building relationships with two distinct types of people.

Page 4: LUXURY HAIR DIRECT Compensation

Fast Start

Retail/

Wholesale

Retail Rebate

Active Bonuses

Page 5: LUXURY HAIR DIRECT Compensation

The Luxury Hair Direct Business Modeloffers a variety of ways to make money.

Active bonuses are based on the hard work and effort you put into your business each month.

Fast Start Bonus For all distributors at the Associate Level or higher, you will earn a bonus for each distributor you personally add to your team. This amounts to a $40 bonus for each Associate level distributor and $50 for each Manager level distributor.

Retail/Wholesale Bonus Earn the difference between the retail and wholesale price of a product when selling to retail customers.

Example: Customer buys (3) bundles of ZEN Remy hair on your LHD website with a total retail cost of $400. Your wholesale cost is $300. You instantly earn the $100 spread between the retail and wholesale cost.

Retail Rebate Bonus

Earn a percentage of all commissionable value (CV) for all of your retail product sales to personal customers,

$0 - $750 = 0% of CV Rebate $751 - $1,500 = 5% of CV Rebate $1,501 - $5,000 = 10% of CV Rebate $5,001 - $15,000 = 15% of CV Rebate $15,001 - UP = 20% of CV Rebate

Compensation Plan - Active Bonuses

www.LHDuniversity.com - Compensation Plan Training

Page 6: LUXURY HAIR DIRECT Compensation

Levels

Doubler

Personally

Sponsored

Matching

Generational

Bonus

Residual Bonuses

Team Level

Commissions

2% Global

Bonus Pool

Page 7: LUXURY HAIR DIRECT Compensation

Team Level CommisionsAffiliate: Does not earn any levels based commisions

Associate:

Level 1: 10% Level 2: 10%

Manager:

Level 1: 10% Level 2: 10% Level 3: 10%

Executive:

Level 1: 10% Level 2: 10% Level 3: 10% Level 4: 10%

Director & Above:

Level 1: 10% Level 2: 10% Level 3: 10% Level 4: 10% Level 5: 10%

Building a successful network of distributorswill create a continual stream of income.

Residual bonuses are earned by the performance of the distributors below you in your active network.

Team Level Commissions

Earn a certain percentage of the commissionable value (CV) on all sales of people in your organizational levels. (See chart to the left)

Levels Doubler

At the time commissions are calculated, this bonus will determine the level that has the most commissionable value (CV) in your organization, and double the payout for that level for that period from 10% to 20%.

Personally Sponsored Matching Bonus

Distributors earn 10% - 20% of any personally sponsored distributors Team Level Commissions (including the Levels Doubler).

Generational Bonus

1% bonus on all commissionable value (CV) paid to National Directors through their next National Director in each of their legs.

1% bonus on all commissionable value (CV) paid to Chairman’s Directors through their next Chairman’s Director in each of their legs.

2% Global Bonus Pool

2% of all commissionable value (CV) will be shared between all distributors that achieve the rank of Chairman’s Director or higher.

Compensation Plan - Residual Bonuses

www.LHDuniversity.com - Compensation Plan Training

Page 8: LUXURY HAIR DIRECT Compensation

Associates can earn 6 types of bonuses: 1 - Retail/Wholesale Bonus 2 - Retail Sales Bonus 3 - Fast Start Bonus 4 - Team Level Commissions (2 Levels Deep) Level 1: 10% Level 2: 10% 5 - Levels Doubler 6 - Personally Sponsored Matching Bonus 10% of Team Levels

Manager

The Management Levels are as follows:

Affiliate

Management Levels

Within LHD, there are (7) achievable ranks, of which the first three are considered management levels.

As an Affiliate, you will be entitled to two types of bonuses: 1 - Retail/Wholesale Bonus 2 - Retail Sales Bonus

Associate

Managers, you will be entitled to 6 types of bonuses: 1 - Retail/Wholesale Bonus 2 - Retail Sales Bonus 3 - Fast Start Bonus 4 - Team Level Commissions (3 Levels Deep) Level 1: 10% Level 2: 10% Level 3: 10% 5 - Levels Doubler 6 - Personally Sponsored Matching Bonus 10% of Team Levels

Page 9: LUXURY HAIR DIRECT Compensation

All leadership levels earn the following bonuses: 1 - Retail/Wholesale Bonus 2 - Retail Sales Bonus 3 - Fast Start Bonus 4 - Levels Doubler

In addition to the leadership bonuses above: 5 - Team Level Commissions (5 Levels Deep) Level 1: 10% Level 2: 10% Level 3: 10% Level 4: 10% Level 5: 10% 6 - Personally Sponsored Matching Bonus 20% of Team Levels

In addition to the Director’s Bonuses above: 7 - Generational Bonus (1%)

In addition to the National Director’s Bonuses above: 8 - Global Bonus Pool (2%)

Leadership Levels

Executive

Director

National Director

Chairman’s Director

In addition to the bonuses above: 5 - Team Level Commissions (4 Levels Deep) Level 1: 10% Level 2: 10% Level 3: 10% Level 4: 10% 6 - Personally Sponsored Matching Bonus 15% of Team Levels

Page 10: LUXURY HAIR DIRECT Compensation

“The journey of a thousand

miles begins with one

step.”

Let’s Get

Started!

SuccessStartsHere!

Move to the next level by working withyour network to build sales & wealth.

AFFILIATETo become an Affiliate, you must join LHD at the Affiliate level.

ASSOCIATEJoin LHD at the Associate level.

OR

Be an Affiliate who generates $500 in personal retail sales per month.

MANAGERJoin LHD at the Manager level.

OR

Be an Affiliate or Associate who generates $1,500 in personal retail sales per month.

OR

Be an Affiliate or Associate who generates $5,000 in group volume sales per month.

EXECUTIVETo become an Executive, you must:

Meet all of the requirements of an Associate or Manager. Personally sponsor 6 distributors, each with a rank of Associate or higher.

AND

Generate $5,000 in personal retail sales per month.

OR

Generate $25,000 in group volume sales per month, of which no more than 50% can come from any single leg.

Management Level Requirements

Luxury Hair Direct allows you to start at three management levels including Affiliate, Associate and Manager. You will never move to a level lower than where you started. Start moving up the leadership levels by increasing your sales and helping build a strong network of distributors.

Page 11: LUXURY HAIR DIRECT Compensation

Team WorkPays!

110%

Give it all you got!

DIRECTORTo become a Director, you must:

Meet all of the requirements of an Associate or Manager. Personally sponsor 15 distributors, 8 of which have a rank of Manager or higher.

AND

Generate $25,000 in personal retail sales per month.

OR

Generates $150,000 in group volume sales per month, of which no more than 40% can come from any single leg.

NATIONAL DIRECTORTo become a National Director, you must:

Meet all of the requirements of an Associate or Manager. Personally sponsor 25 distributors, 10 of which have a rank of Manager or higher and 5 of which must have a rank of Director or higher.

AND

Generate $100,000 in personal retail sales per month.

OR

Generate $250,000 in group volume sales per month, of which no more than 30% can come from any single leg.

CHAIRMAN’S DIRECTORTo become a Chairman’s Director, you must:

Meet all the requirements of an Associate or Manager. Personally sponsor 35 distributors, 15 of which have a rank of Manager or higher and 10 of which must have a rank of National Director or higher.

AND

Generate $250,000 in personal retail sales per month.

OR

Generate $500,000 in group volume sales per month, of which no more than 30% can come from any single leg.

Page 12: LUXURY HAIR DIRECT Compensation