COMPENSATION PLAN
WEALTH IS THE FREEDOM AND ABILITY TO DO AS YOU CHOOSE WITH YOUR TIME
Some of us dream of paying our bills each month without the burden and worry of whether there will be enough. Others have visions of helping family members or even helping their neighbourhoods and communities in meaningful ways. And of course, at one time or another, each of us has dreamt of a restful vacation with those we love, cherishing the happiness that comes when we are stress-free. These are not just dreams; they can become reality with hard work put into the right business. Q10, The super hybrid Compensation Plan from QNET packs the Power of Ten into your business to help you achieve these dreams and more.
You are in the business for yourself but not by yourself. You are QNET’s most important asset and with Q10, we are rewarding you with a dynamic compensation plan that will let you live your dream and build your prosperity. In addition to new income channels, the plan’s strongest aspect is the ability to create more! MORE volume, MORE income, MORE often. All you have to do is focus on these key behaviors: Refer, Repeat, Rise and Retain.
GETTING STARTED USE THE PRODUCTS, SHARE THE PRODUCTS, REFER THE QNET BUSINESS
1. Enrol as a QNET Independent Representative (IR) and purchase your first QNET product.1 2. Commit to the monthly Repeat Purchase Programme. 3. Refer QNET products and business opportunity to others. 4. Meet all active requirements to get paid in commissions and bonuses. 1
Download the QNET Mobile App from Google Play or iTunes App store to do business on-the-go. Learn more about QNET products at www.qnet.net.
START BUILDING YOUR QNET TEAM
ACTIVE REQUIREMENTS
1. Qualify for Step and Repeat Sales Commission with a Qualifying Product purchase. 2. Remain Active to receive Step and Repeat Sales Commission.
STEP COMMISSIONS (MAIN PLAN) Meet the quarterly activation requirements, minimum personal RSP requirements, Direct Referral Performance requirements, and income and Group RSP requirements, and earn accordingly. REPEAT SALES COMMISSION (RSP PLAN) Meet the monthly personal RSP requirements, Direct Referral’s achievements and Group RSP requirements for each rank and earn accordingly.
Residual income is income that comes month after month, year after year, whenever and wherever you are. To have true residual income, you have to first develop the disciplines of
REFER, REPEAT, RISE, and RETAIN.
YOUR PATH TO GROWTH: THE FOUNDATION FOR LEADERSHIP FUTURE & REWARDS Build your QNET business organisation by mastering sales and recruiting as you advance through QNET ranks, and see your earnings multiply!
THE LASTING POWER OF TRUE RESIDUAL INCOME
THE POWER OF 10 QNET pays up to 50% of sales in commissions. With 10 ways to earn, true residual income and lasting wealth are within reach for every QNET IR.
IP
SAL
LE
AD
ER
SH
Year-Round Incentives
New Programme Bonus
ES
Retail Profit Early Payout
RSP Rank Maintenance Bonus
Step Commission
RSP Rank Advancement Bonus RSP Plan Rank Advancement
Repeat Sales Points Main Plan Rank Advancement
W GRO
TH
BUILD WEALTH AND SECURE YOUR FUTURE
CONTINUED LEADERSHIP DEVELOPMENT 1. 2. 3. 4.
Continue to enrol new customers and IRs. Develop leaders in your organisation. Participate in the leadership incentives and bonus pool. Make a goal to advance in ranks.
REFER
REPEAT
RISE
RETAIN
All new IRs have a group of people that they share QNET with. Once you make your contact list and introduce QNET to your circle of friends and family, we encourage you to add one new name to your list every day. Regularly referring QNET products is a discipline and practice that will build your foundation for long-term growth and sustained wealth.
Make the commitment to make a monthly purchase of products. Be a product of your product and consume. Create this repetition behaviour in your organisation to earn true residual income. REPEAT!
You RISE in rank, in stature and in wealth as you advance in the QNET Compensation Plan. Do not underestimate the importance of setting and achieving each step in the Rank Advancement system.
When you REFER and build a team, REPEAT monthly volumes with Repeat Sales Points, RISE through the ranks of advancement, and focus on RETAINING the volumes created by those in your QNET business team; you will slowly see your dreams become reality.
BONUS SUMMARY
BONUS
WHAT YOU RECEIVE
WHAT IS REQUIRED
Q1 RETAIL PROFIT
Sell QNET products to your friends and neighbours at Retail Price and keep the difference.
• Become a QNET Independent Representative. • Sell to a Retail Customer to receive the difference between the Retail Price and discounted price for an IR.
Q2 EARLY PAYOUT
Receive up to USD 200 according to the Commission Schedule.
• Become a QNET IR. • Qualify and Activate your Tracking Centres (TCs) and achieve 1,000 GBV on any Lower Volume Leg. • Only applies to Primary TC, Cycle 1, Step 1.
Receive weekly commissions based on the volume generated on your lower-volume leg on the allowable commission amounts per Tracking Centre determined by your active rank.
• Qualify and Activate all of your Tracking Centre. • Achieve the required Group Business Volume on any Lower Volume Leg.
Q3 STEP COMMISSION
BONUS Q4 REPEAT SALES COMMISSION
WHAT YOU RECEIVE You will earn the designated RSP points from your sale to every Retail Customer or Personal Purchases of any QNET products and Repeat Sales to downlines up to 9 levels below within your network or line of referralship.
WHAT IS REQUIRED • Become an Active IR. • Achieve the minimum Monthly RSP Maintenance of your current rank. • Purchase any QNET products for personal consumption or have Retail Customers who purchase any QNET products.
RSP are automatically converted into cash.
Q5 MAIN PLAN RANK ADVANCEMENT
Q6 RSP RANK ADVANCEMENT
Maximise your Step Commissions up to USD 60,300 per week through growth in volume and Direct Referrals. Develop leadership skills. Increase your earnings from RSP as you expand your paid levels through Rank Advancement. As you advance in rank, your paid levels increases.
As you advance in rank, the amount paid per step increases, the number of weekly steps allowed increases, and the maximised weekly pay out can be achieved.
Achieve the minimum monthly RSP Rank Advancement requirements from Bronze Star up to Diamond Star.
BONUS
WHAT YOU RECEIVE
WHAT IS REQUIRED
Q7 RSP RANK ADVANCEMENT BONUS
Advance in Rank to Gold Star and above, to receive additional bonuses.
Achieve the minimum RSP Monthly Advancement requirements of either Gold Star, Platinum Star or Diamond Star within a Month.
Q8 RSP RANK MAINTENANCE BONUS
Maintain rank from Gold Star or above to receive more bonuses. As you maintain higher rank, higher amount of bonuses can be achieved.
Achieve the minimum monthly RSP Rank Maintenance requirements of Gold Star rank or above for 6 consecutive months each to receive additional bonuses on top of your Repeat Sales Commissions.
Q9 NEW PROGRAMME BONUS
Earn a share of QNET’s global success! Each quarter, the top performers will be included in the World Performance Pool.
Become one of the higher achievers to be eligible to earn more bonuses from any new programme offered by QNET.
Q10 YEAR-ROUND REWARDS
Earn rewards, points and incentives tied to regular and ongoing product promotions and cash incentives.
Learn and achieve the requirements for promotions/ incentives.
TERMINOLOGIES
QUALIFIED IR An IR who has at least one Tracking Centre (TC) with the minimum qualifying 500 BV from a Retail Sale or product purchase for personal consumption.
ENROL
INDEPENDENT REPRESENTATIVE (IR)
To register as an IR in the QNET business with a one-year IRship Package.
A person who has enrolled to build a business organisation by selling products and referring others.
ACTIVATED IR
ACTIVE IR
A Qualified IR who has achieved and allocated a minimum of 500 qualifying BV on each side of any of his/her Tracking Centres (TCs) through Personal Sponsorship.
Any IR who achieves the minimum Monthly RSP Maintenance requirement for the IR’s current Rank from his/her Retail Sale or purchases of products for personal consumption from the QNET eStore.
REPEAT SALES POINTS (RSP) REFERRER An IR who refers Retail Customers or Prospects by helping them to become IRs of QNET.
Repeat Sales Points or RSP are points assigned to each QNET product that an Active IR earns from the maximum of 10 Paid Levels in the RSP Plan.
REPEAT SALES COMMISSION Means commissions derived from accumulated Repeat Sales Points.
RSP PLAN
MAIN PLAN Refers to the Compensation Plan from which an IR can earn commissions/bonuses based on the achieved Group Business Volume on any Lower Volume Leg. In the Main Plan, an IR can earn Retail Profit and Step Commissions based on his/her Compensation Level.
BUSINESS VOLUME (BV) The point value of a product used to qualify Tracking Centres (TCs) and calculate Step Commissions.
GROUP BUSINESS VOLUME (GBV) The total BV accumulated from the IR’s downline group.
Refers to the Compensation Plan from which the active IR earns Repeat Sales Commissions. In the RSP Plan, an IR can earn Retail Profit and Repeat Sales Commission derived from the RSP earned from a maximum of 10 Paid Levels, including his/her Retail Sales or Personal Purchases and the Repeat Sales to downlines up to nine levels below within his/her network or line or referralship.
GROUP REPEAT SALES POINTS (GROUP RSP) RSP that an IR earns from the Repeat Sales and Personal Purchases made by his/her downlines within his/her network or line of referralship.
RETAIL CUSTOMER Someone who purchases products from QNET but does not enrol as an IR.
eVOUCHER POINTS (EP) Points earned at every Step 6 of any given Commission Cycle, redeemable for products in the QNET Redemption eStore.
10 WAYS TO EARN
1
RETAIL PROFIT Selling QNET products to your Retail Customers is the cornerstone of your business. Retail profit is the difference between the price paid by your customer and your discounted price as an IR.
2
EARLY PAYOUT Early payout applies to an IR’s Primary Tracking Centre 001, Cycle 1, Step 1 and is paid according to the Commission Schedule. It’s a powerful way to get fast cash!
Group Business Volume in any Lower Volume Leg (GBV)
Early Payout (USD)
Time Frame
1,000 BV
USD 50
Within the first 4 weeks from IR’s registration date.
1,000 BV
USD 50
Within the first 6 weeks from IR’s registration date.
1,000 BV
USD 100
- NA -
This illustration is based on the Bronze Star Rank with compensation level of USD 200 per Step.
3
STEP COMMISSIONS (MAIN PLAN) Step Commissions, QNET’s compensation backbone, rewards IRs for referring the QNET business and growing their network. Weekly commissions are based on volume generated by group downlines. The allowable commission amounts per Tracking Centres are determined by active rank.
STEP
GROUP BUSINESS VOLUME IN ANY LOWER VOLUME LEG, (BV)
BRONZE STAR
SILVER STAR
GOLD STAR
PLATINUM STAR
DIAMOND STAR
1
3,000 BV
USD 200
USD 225
USD 250
USD 275
USD 300
2
3,000 BV
USD 200
USD 225
USD 250
USD 275
USD 300
3
3,000 BV
USD 200
USD 225
USD 250
USD 275
USD 300
4
3,000 BV
USD 200
USD 225
USD 250
USD 275
USD 300
5
3,000 BV
USD 200
USD 225
USD 250
USD 275
USD 300
6
3,000 BV
10 EP
10 EP
10 EP
10 EP
10 EP
RANK
MAXIMUM WEEKLY STEP COMMISSION PER TRACKING CENTRE
BRONZE STAR
SILVER STAR
GOLD STAR
PLATINUM STAR
DIAMOND STAR
Payout per step
USD 200
USD 225
USD 250
USD 275
USD 300
Maximised steps per week
40
50
60
70
80
Maximised payout per week
USD 6,800 + 60 EP
USD 9,450 + 80 EP
USD 12,500 + 100 EP
USD 16,225 + 110 EP
USD 20,100 + 130 EP
RANK
4
REPEAT SALES COMMISSION (RSP PLAN) Earn RSP points from your Retail Sales, Personal Purchases of QNET products or Repeat Sales to downlines within your network or line of referralship up to nine levels below and earn the designated RSP points. This means you can earn up to 10 levels of RSP! You will get double RSP points when your downline (at Level 2) sells to a Retail Customer or makes Personal Purchases. Work with your downlines within your network and gain more RSP!
LEVEL
BRONZE
SILVER
GOLD
PLATINUM
DIAMOND
1 (Personal)
50
100
150
200
250
2 (Double RSP)
100
100
100
100
100
3
50
50
50
50
50
4
50
50
50
50
50
5
50
50
50
50
6
50
50
50
50
7
50
50
50
8
50
50
50
50
50
9 10
Note: This illustration is based on products with 50 RSP each.
50
HOW TO QUALIFY FOR HIGHER COMMISSION RATES WITH RANK ADVANCEMENT
5
STEP COMMISSION (MAIN PLAN) RANK ADVANCEMENT With the Step Commission, you can be rewarded with up to USD 60,300 in cash plus eVoucher Points per week. As you grow and advance in rank, the amount paid per step increases, the number of weekly steps allowed increases, and the maximised weekly payout increases. It pays to grow!
QUARTERLY RANK ADVANCEMENT REQUIREMENTS RANK
BRONZE
SILVER
GOLD
PLATINUM
DIAMOND
Personal/Retail Sales
Qualified and Activated (One-time)
—
150 RSP
150 RSP
150 RSP
3 Qualified Directs minimum 500 BV OR 2 Qualified Directs with 3,000 BV each OR 150 RSP & 2 Directs with 1,000 BV each
500 BV
3,000 BV
5,000 BV
Direct Referral BV For Gold Star and above (BV must come from New or Existing or Retail Sales)
RANK
Lower Volume Leg
Group RSP
Group Performance (Direct and Indirect)
Pay Out Rank Maintenance
BRONZE
SILVER
GOLD
PLATINUM
DIAMOND
6,000 BV per quarter OR 2 steps per quarter
120,000 BV per week for 8 weeks OR 40 steps per week for 8 weeks
180,000 BV per week for 8 weeks OR 60 steps per week for 8 weeks
1,200 RSP
7,500 RSP with minimum of 2 legs having no more than 4,000 RSP each
25,000 RSP with minimum of 2 legs having no more than 13,000 RSP each
30 downlines who will advance or maintain rank from Gold Star and above
90 downlines who will advance or maintain rank from Gold Star and above
Achieve Platinum Star requirements for 2 consecutive quarters
Achieve Diamond Star requirements for 2 consecutive quarters
6
6. MONTHLY RSP RANK ADVANCEMENT/MAINTENANCE TABLE “We are what we repeatedly do. Excellence, then, is not an act but a habit.” – Aristotle
RSP RANKS
BRONZE
SILVER
GOLD
PLATINUM
DIAMOND
Qualified and Activated
Qualified and Activated
Qualified and Activated
100
150
200
250
4 Bronze or Higher OR 2 Bronze Finds 2 Bronze each
4 Silver or Higher AND 2 Bronze or Higher
4 Gold or Higher AND 4 Silver or Higher
4 Platinum or Higher AND 4 Gold or Higher AND 2 Silver or Higher
10,000
Standard: 120,000 Promo*: 100,000
Standard: 750,000 Promo*: 600,000
Main Plan Status Personal/Retail RSP
Directs’ Performance
50
Group RSP
*Until further notice.
Designed to complement QNET’s Step Commission (Main Plan) system, the RSP system rewards active IRs up to 10 levels depending on Pay Rank:
RSP RANK
PAY LEVELS
Bronze Star
4 Levels
Silver Star
6 Levels
Gold Star
8 Levels
Platinum Star
9 Levels
Diamond Star
10 Levels
7
RSP RANK ADVANCEMENT BONUS – This bonus is a one-time bonus paid when you achieve and advance in rank.
RANK One-time Rank Advancement Bonus
8
GOLD
PLATINUM
USD 200
USD 600
DIAMOND
USD 1,200
RSP RANK MAINTENANCE BONUS
MAINTAIN PAY RANK
PERIOD
RANK MAINTENANCE BONUS
Gold Star
6 consecutive months
USD 2,000
Platinum Star
6 consecutive months
USD 6,000
Diamond Star
6 consecutive months
USD 12,000
9
NEW PROGRAMME BONUS – WORLD PERFORMANCE POOL Earn a share of QNET’s global success! Each quarter, the top performers will be included in the World Performance Pool. Note: Applicable to selected countries.
YEAR-ROUND INCENTIVES
HOW TO QUALIFY FOR LEADERSHIP COMMISSIONS
10
One of the most exciting ways to earn is with special cash and business incentives for you and your organisation, periodic
discounts on best-selling products and more! Interesting and meaningful promotions spark growth, fuel volume and capture the imaginations of QNET IRs within the QNET online shopping and business community.
QNet Ltd Units G-L, MG Tower 133 Hoi Bun Road, Kwun Tong Kowloon East, Hong Kong Tel: +852 2263 9000 Fax: +852 2802 0981 Email: global.support@qnet.net www.qnet.net Copyright Š QNet Ltd / 2015. All rights reserved. Copyrights and/or other intellectual property rights on all designs, graphics, logos, images, photos, texts, trade names, trademarks, etc., in this publication are reserved. The reproduction, transmission, or modification of any part of the contents of this publication is strictly prohibited.