webinar success week 2012 comp plan

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Page 1: Webinar success week 2012 comp plan
Page 2: Webinar success week 2012 comp plan

Why Success Week?

1. Leaders Success Summit

2. Education Week - Spring 2013

3. 12 Monthly Health Webinars

4. 48 Natural Health Education

Seminars

Page 3: Webinar success week 2012 comp plan
Page 4: Webinar success week 2012 comp plan

All webinar resources can be found

at www.nspwebinars.com

A phone recording of this

webinar is available at

1-712-432-0453 PIN 1544987 (Not a toll-free call)

Page 5: Webinar success week 2012 comp plan
Page 6: Webinar success week 2012 comp plan

Type in Your

Questions!

Page 7: Webinar success week 2012 comp plan

Easier Than You Thought: How to Maximize NSP’s Compensation Plan

Aaron Wengert

Page 8: Webinar success week 2012 comp plan

Time for a Marketing Plan POP Quiz!

True or False:

The Classic Marketing Plan pays you for higher

volume and the Legacy Marketing Plan pays your

for greater depth.

A. True

B. False

Page 9: Webinar success week 2012 comp plan

Time for a Marketing Plan POP Quiz!

Choose the best answer:

In the Classic Marketing Plan, how many first

level Managers do you need to be an Area

Manager?

A. Three

B. Four

C. Five

D. Ten

Page 10: Webinar success week 2012 comp plan

Time for a Marketing Plan POP Quiz!

True or False:

To receive any type of compensation from NSP,

you must personally buy $100 dollars in a given

month.

A. True

B. False

Page 11: Webinar success week 2012 comp plan

Ground Rules & Definitions

Page 12: Webinar success week 2012 comp plan

Ground Rules

1. Today’s discussion will only contain information

that reflects the normal marketing plan

(Classic & Legacy). We won’t be discussing

Parties, Sunshine Rewards, etc.

2. You must have 100 personal QV in a given

month to receive any compensation from NSP.

3. Let’s define the following: Direct Cost, QV,

Group, Manager.

Page 13: Webinar success week 2012 comp plan

Definition: Direct Cost

• This is the price that you pay when you

purchase product directly from Nature’s

Sunshine.

• Important note: You may never sell your

products for less than direct cost.

Page 14: Webinar success week 2012 comp plan

Definition: QV

• “Qualification Volume”

• This is the volume we use to determine your

pay, your qualification for events, rank

advancements and more.

• Typically, one dollar equals one QV point, but

not always.

Page 15: Webinar success week 2012 comp plan

Definition: Group

• Your “group” is everyone that you have

personally sponsored and everyone they have

sponsored into NSP.

• No Managers exist between you and them.

• Group QV equals all of your personal

purchases PLUS the purchases of those in

your group, who haven’t achieved Manager

rank.

Page 16: Webinar success week 2012 comp plan

You 100

Jon 300

Tim 200

Sara 175

Your rank is:

Your Group QV is: 775

Member

Page 17: Webinar success week 2012 comp plan

Definition: Manager

• Someone who has achieved 1,000+ Group QV

in a given month.

• As a reminder, Group QV consists of your

purchases PLUS those in your group, excluding

Managers.

• As a Manager, you can now receive overrides

on the Managers you and others develop.

• You can also increase in rank and receive

other benefits.

Page 18: Webinar success week 2012 comp plan

You 100

Jon 300

Tim 375

Sara 250

Your rank is:

Your group QV is: 1,025

Manager

Page 19: Webinar success week 2012 comp plan

NSP’s Marketing Plan:

Extremely Unique & Versatile

Page 20: Webinar success week 2012 comp plan

Unique & Versatile

• There are numerous ways you can make money

with the marketing plan.

• You get to take advantage of the method that

best fits your business model.

• With NSP’s Marketing Plan, you can be rewarded

for volume AND depth!

Classic = rewards higher volume

Legacy = rewards greater depth

Page 21: Webinar success week 2012 comp plan

Retail Profits

Page 22: Webinar success week 2012 comp plan

Retail Profits

• You can earn money by purchasing product at

direct cost and selling it at retail pricing.

• The MSRP is approximately 50% greater than

the direct cost.

• You can choose a markup percentage that best

fits your market & situation.

• Turn to page 2 in your booklet and let’s do an

example together.

Page 23: Webinar success week 2012 comp plan

$12 $18 $6

$16 $24 $8

$14

Page 24: Webinar success week 2012 comp plan

Retail Profits

• If you purchase $1,000 in a given month and

mark it up 50%, how much have you earned in

retail profits after all your inventory is sold?

• $1,000 x 50% = $500

• If you purchase $1,000 in a given month and

mark it up 30%, how much have you earned in

retail profits after all your inventory is sold?

• $1,000 x 30% = $300

Page 25: Webinar success week 2012 comp plan

Rebates

Page 26: Webinar success week 2012 comp plan

Rebates • The money you receive back when purchasing

directly from Nature’s Sunshine. (100 QV+)

• Think of rebates as your pay without a group.

• We always pay rebates first to anybody who

earns one.

• Your rebate % is determined by your QV, not

actual $ spent in a given month.

• Let’s look at some tables and do a few

examples together. Go to pg 4.

Page 27: Webinar success week 2012 comp plan

QV Points 100-299 300-599 600-999 1,000-2999 3,000+

Payout % 10% 12% 18% 27% 30%

Rebate & Commissions Table - Classic Plan

300 12% $36 $36

Page 28: Webinar success week 2012 comp plan

QV Points 100-299 300-599 600-999 1,000-2999 3,000+

Payout % 10% 12% 18% 27% 30%

Rebate & Commissions Table - Classic Plan

1,250 27% $337.50 $337.50

Page 29: Webinar success week 2012 comp plan

QV Points 100-299 300-599 600-999 1,000-2999 3,000+

Payout % 10% 12% 18% 27% 30%

Rebate & Commissions Table - Classic Plan

QV Points 100-499 500-999 1,000+

Payout % 10% 15% 20%

Rebate & Commissions Table - Legacy Plan

If your business model will encourage high volume, which plan

will be more advantageous to you for rebates & commissions?

The Classic Plan.

You can earn up to 30% with Classic and 20% with Legacy.

Page 30: Webinar success week 2012 comp plan

Rebates & Commissions

Page 31: Webinar success week 2012 comp plan

Commissions

• The dollar amount you earn from your group

members’ purchases in a given month.

Excludes Managers.

• The difference between your group QV % and

a particular group member’s rebate %.

• Think of this as your pay with a group.

• Let’s do an example on page 4 of your book.

Page 32: Webinar success week 2012 comp plan

Kim John Ann

300

90 200 700

1,290 27% $81

0%

$0

27%

$24.30

10%

$20

17%

$34

18%

$126

9%

$63 $121.30

$121.30 $202.30

QV Points 100-299 300-599 600-999 1,000-2999 3,000+

Payout % 10% 12% 18% 27% 30%

Rebate & Commissions Table - Classic Plan

Page 33: Webinar success week 2012 comp plan

Kim John Ann

300

90 200 700

1,290 27% $81

0%

$0

27%

$24.30

10%

$20

17%

$34

18%

$126

9%

$63 $121.30

$121.30 $202.30

QV Points 100-299 300-599 600-999 1,000-2999 3,000+

Payout % 10% 12% 18% 27% 30%

Rebate & Commissions Table - Classic Plan

Page 34: Webinar success week 2012 comp plan

Manager Overrides

Page 35: Webinar success week 2012 comp plan

Manager Overrides

• Manager: Someone who achieves 1,000+

group QV in a given month

• When you have a manager “breakout” of your

group, you’re paid differently on their

organization.

• This pay “overrides” the normal rebate and

commission schedule.

• Let’s look at some examples.

Page 36: Webinar success week 2012 comp plan

You 100

Jon 300

Tim 375

Sara 250

Your rank is:

Your group QV is: 1,025

Manager

Page 37: Webinar success week 2012 comp plan

You 100

Bob 300

Jess 150

Dan 450 Joe 200 Jon 650

Tim 375

Sara 250

12% if Jon is Classic

10% if Jon is Legacy

Who is your

new Manager?

Page 38: Webinar success week 2012 comp plan

You 100

Bob 300

Jess 150

Dan 450 Joe 200 Jon 650

Tim 375

Sara 250

12% if Jon is Classic

10% if Jon is Legacy

You will earn commissions

from these group members

as you did before.

Page 39: Webinar success week 2012 comp plan

Level 1 • 12%

Level 2 • 4%

Level 3 • 2%

Level 4 • 2%

Level 5 • 1%

Level 1 • 10%

Level 2 • 7%

Level 3 • 6%

Level 4 • 5%

Level 5 • 5%

Level 6 • 5%

Level 7+ • 1%

Classic Legacy

If I have a C/L Manager on the _______ level, I get paid _______

%*.

*Varies with Rank.

Page 40: Webinar success week 2012 comp plan

Level 1 • 12%

Level 2 • 4%

Level 3 • 2%

Level 4 • 2%

Level 5 • 1%

Level 1 • 10%

Level 2 • 7%

Level 3 • 6%

Level 4 • 5%

Level 5 • 5%

Level 6 • 5%

Level 7+ • 1%

Classic Legacy

If your business model produces great depth, which plan will benefit

you more? Legacy – it pays higher overrides on more levels.

Page 41: Webinar success week 2012 comp plan

You

Classic

Bob

Classic

Jess

Legacy

Dan

Legacy

Joe

Classic

Jon

Classic

Tim

Legacy

Sara

Classic

Let’s assume everyone here is a Manager, and you are an Area Manager –

what % do you get paid on each Manager?

12% 10% 12% 12%

7% 7%

2%

Page 42: Webinar success week 2012 comp plan

You

Legacy

Bob

Classic

Jess

Legacy

Dan

Legacy

Joe

Classic

Jon

Classic

Tim

Legacy

Sara

Classic

Let’s assume everyone here is a Manager, and you are an Area Manager –

what % do you get paid on each Manager?

12% 10% 12% 12%

7% 7%

2%

Page 43: Webinar success week 2012 comp plan

Classic 1,600 12% $192

Legacy 2,400 7% $168

Legacy 1,250 6% $75

$435

Page 44: Webinar success week 2012 comp plan

SmartStart

Sponsoring Bonuses

Page 45: Webinar success week 2012 comp plan

SmartStart

• Sponsoring is one of the lifelines of your

business, and we reward you for it!

• New member must buy 100-299 QV in the

sign-up month; anything outside this range,

normal marketing plan applies.

• Let’s look at a few examples.

Page 46: Webinar success week 2012 comp plan

3rd Upline

2nd

Upline

1st Upline

You

New Member

100-299 QV

Sign-up month 15 Sunshine Points

30% or 40%

10%

5%

5%

(L/L = 40%)

Page 47: Webinar success week 2012 comp plan

Classic 150

Classic 30% $45

$15

$7.50

$7.50

Page 48: Webinar success week 2012 comp plan

What Have We Learned?

Page 49: Webinar success week 2012 comp plan

What Have We Learned?

• NSP’s marketing plan is unique and versatile: it

rewards you for volume AND depth.

• You get to take advantage of the marketing

plan in a way that best fits your business

model.

• Building your business requires duplication –

which means you need to teach others what

you know and do!

Page 50: Webinar success week 2012 comp plan

Questions & Answers

Page 51: Webinar success week 2012 comp plan

US Success Week Promotions (Nov. 12-19)

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Page 52: Webinar success week 2012 comp plan

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Page 53: Webinar success week 2012 comp plan

Live

Giveaway

Winners

Page 54: Webinar success week 2012 comp plan

Thank You for Joining Us!

Our next webinar is on December 4

11:00 am MDT

Healthy Aging & Energy