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IR = RI INDEPENDENT REPRESENTATIVE = RECURRING INCOME
By becoming a QNET Independent Representative, you have given yourself the unlimited opportunity of Recurring Income through repeat purchases and retail sales within a universal community!
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UNIVERSAL Community •
QNET is the world’s fastest-growing online shopping and business community.
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Home to the best lifestyle products in the right business, our world-class compensation plan is the heart of your QNET career as an Independent Representative (IR).
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Because our expanding universal community of customers and distributors are our most important asset, we ensure to offer the most dynamic and innovative plan in the direct selling profession.
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UNLIMITED Opportunity •
With 8 different ways to earn and up to 50% of sales paid out in commissions, QNET is a powerfully rewarding, unlimited opportunity.
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The QNET borderless business opportunity means big business for you, without bounds or borders. Dream big, act with purpose and passion. The rewards will follow!
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Whether you want to enhance your life through great products, to achieve financial freedom to support your family, to travel the world, to get more out of life… your opportunity with QNET is unlimited.
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Your journey through the universal community to achieve unlimited opportunity. START HERE
DO THIS
Enrol, Qualify Tracking Centres & Activate your account
• • • •
Sponsor IRs who BUILD and Retail Customers who BUY Maintain your own activity and quarterly requirement Be a loyal satisfied user of QNet’s products and services Progress through the QNET Star Ranks
GET THIS • • • • • • • •
Retail Profit Repeat Sales Points Early Payout First Purchase Profit Step Commission Rank Advancement Bonus Year-Round Rewards Travel Incentives
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HOW DO I START?
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GETTING STARTED IS SIMPLE
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Enrol
Qualify
Activate
Maximise
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Enrol • •
Enrol online through www.qnet.com.sg or through your Direct Referrer’s Personal Website. Pay for your IRship Package – Option A (SGD 25) (Inclusive of GST)
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Online Business Planner & Product Portfolio Three Tracking Centres. These are the foundations of your placement tree. Access to the QNET Singapore Virtual Office Access to three QNET Singapore eStores: – Qualify eStore – Repeat eStore – Redeem eStore Online Business Tools resource centre IR Business Card template An archive of the official QNET magazine, aspIRe (online eBook only) Business, marketing and eCommerce tools
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Enrol – Option B (SGD 50) (Inclusive of GST) • • • • •
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Online Business Planner & Product Portfolio High-quality full-colour printed QNET Business Planner Three Tracking Centres. These are the foundations of your placement tree. Access to the QNET Singapore Virtual Office Access to three QNET Singapore eStores: - Qualify eStore - Repeat eStore - Redeem eStore Online Business Tools resource centre IR Business Card template An archive of the official QNET magazine, aspIRe (online eBook only) Business, marketing and eCommerce tools
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Annual IRship Package •
To help us serve you better, an Annual IRship Package of SGD 25 (inclusive of GST) will be applicable for access to and maintenance of the following services: Access to your Virtual Office Updated Product Portfolios Access to virtual Stores Business, marketing tools
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The Annual Renewal fee is payable on the anniversary date of an IR Account
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Qualify • Qualify at least one of your Tracking Centres with a Personal Business Volume of 500 BV.
Tracking Centre
Required Qualifying Personal Business Volume
001
500 BV
002
500 BV
003
500 BV
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Activate • To Activate means a Qualified IR refers at least one (1) Qualified Direct Referral per side of any of his/her Tracking Centres. • There are two ways to activate: 1. Personal Sponsorship 2. Combining Personal Business Volume and BV achieved from Personal Sponsorship
Special Launch Promo! Self-Activation will be allowed 13
Activation Method #1 Personal Sponsorship Place one (1) Qualified Direct Referral under each side of any of your Tracking Centres.
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Activation Method #2 Combination: Personal Business Volume + Personal Sponsorship The combination of Personal Business Volume and BV achieved from Personal Sponsorship, allocated to each of the three Tracking Centres.
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Self Activation* Qualify Tracking Centres 001, 002 and 003 with Personal Business Volume of 500 BV each.
Self purchase All products are purchased by the Retail Customer but corresponding BV is allocated to Referrer’s TCs.
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Maximise Move to action as you build and lead an organisation of people who share the same dreams and goals as you. By progressing through the QNET Star Ranks, you can maximise earnings and enjoy a richer and fuller lifestyle as a member of the growing QNET universal community.
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Q1 Retail Profit
Your Retail Profit
• Selling QNET products directly to your Retail Customers is the cornerstone of a solid foundation for your business. • When you refer a Retail Customer who purchases from the Company, you receive the Retail Profit, which is the difference between your customer’s Retail Price and your discounted price as an IR.
Price paid by Retail Customer Your Price
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Q2 Repeat Sales Points • From every sale of repeat products to Retail Customers or Direct Referrals, the Active Direct Referrer up to three (3) levels will earn the designated points which can be converted into either cash or Business Volume (BV). • Repeat Sales Points are automatically computed and you can easily manage them in your Virtual Office.
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Direct Referrer Level III Receives Repeat Sales Points
Direct Referrer Level II Receives Repeat Sales Points
Repeat Sales Points
Direct Referrer Level I Receives Repeat Sales Points
IR or Retail Customer Purchases Products
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Repeat Sales Points (RSP) • Definition: Points earned from repeat sales on a quarterly basis. These points are convertible either into Cash or BV. • An Active IR earns RSP by selling products from the QNET Repeat eStore to Retail Customers or sponsored Downlines as deep as three levels for their own consumption. • Points not converted into BV will be automatically converted into cash if not redeemed within six (6) months. • BV converted from RSP is credited to the IR’s BV Bank. It is used to qualify a TC and counts in GBV for Step Commission calculation.
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Definitions & Rules RSP Conversion to Cash and BV RSP
Cash equivalent*
BV equivalent
60
SGD 10
20 BV
300
SGD 70
160 BV
600
SGD 190
420 BV
1,000
SGD 370
900 BV
*RSP will automatically be converted into cash after two (2) quarters and directly credited to the Q Account (QA). Any remaining RSP will be calculated into SGD using a proportion rate based on 60 RSP.
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Before Compression
After Compression
Compression Creates Excitement! When an IR misses the quarterly requirement, active IRs from below temporarily move up to replace them.
IR Quarterly Requirement Achieved? Yes = Active IR
QNET pays producers!
No = Inactive IR NOTE: B and D are temporarily replaced by F and I but will resume their positions once they again meet their quarterly activity requirements. 24
Q3 Early Payout The Early Payout applies only to Primary TC 001, at Cycle 1, Step 1 and is paid according to the following Commission Schedule. It’s a powerful way to get fast cash! Lower-Volume Leg
Early Payout
1,000 BV
SGD 60
1,000 BV
SGD 60
1,000 BV
SGD 120
This illustrates Early Payout to IR under Bronze Star Rank 25
The illustration shows Step 1 of the Step Commission and how Early Payout is earned (totaling SGD 240).
Qualified and Activated IR A earns SGD 60 (1000 BV on lower-volume Leg)
Qualified and Activated IR A earns SGD 60 (another 1,000 BV on lowervolume Leg)
Qualified and Activated IR A earns SGD 120 (another 1,000 BV on lowervolume Leg) STEP 1 ends and STEP 2 begins
Step 1 : 3,000 BV on lower-volume Leg 26
Q4 First Purchase Profit As a Referrer, you will receive the First Purchase Profit from the qualifying retail sale/purchase made by your new personally sponsored IR. The First Purchase Profit is the difference between the price of the first purchase of an IR (made at Retail Price) and the IR Discounted Price.
Your First Purchase Profit
Price paid by personally sponsored IR
IR Discounted Price
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Q5 Step Commission Step Commission is the progressive commission paid according to an IR’s compensation level.
At the end of each commission period (week), QNET through its advanced and modern commission engine will search down your Tree to determine group BV and the allowable commission amounts per Tracking Centre determined by active rank.
STEP 1 ends and STEP 2 begins
Qualified and Activated IR A earns SGD 240 (another 3,000 BV on lowervolume Leg) STEP 2 ends and STEP 3 begins
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Step Commission Chart Ste p
Business Volume (BV)
Rank
LowerVolume Leg (BV)
Bronze Star
Silver Star
Gold Star
Platinum Star
Diamond Star
1
3,000 BV
SGD 240
SGD 280
SGD 310
SGD 340
SGD 370
2
3,000 BV
SGD 240
SGD 280
SGD 310
SGD 340
SGD 370
3
3,000 BV
SGD 240
SGD 280
SGD 310
SGD 340
SGD 370
4
3,000 BV
SGD 240
SGD 280
SGD 310
SGD 340
SGD 370
5
3,000 BV
SGD 240
SGD 280
SGD 310
SGD 340
SGD 370
6
3,000 BV
10 EP
10 EP
10 EP
10 EP
10 EP
*EP stands for eVoucher Points, which are used to redeem products in the QNET Redeem Store. Income Disclaimer 29
Weekly Maximised Step Commission per TC Rank
Payout per step
Maximised steps per week
Maximised payout per week
Bronze Star
Silver Star
Gold Star
Platinum Star
Diamond Star
SGD 240
SGD 280
SGD 310
SGD 340
SGD 370
40
50
60
70
80
SGD 8,160 +60 EP
SGD 11,760 +80 EP
SGD 15,500 +100 EP
SGD 20,060 +110 EP
SGD 24,790 +130 EP
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Q6 Rank Advancement Bonus With Rank Advancement in the Step Commission, you can be rewarded with up to SGD 74,370 in cash plus eVoucher Points each 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 can be achieved. It pays to Grow!
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Rank Advancement Bonus Requirements QUARTERLY RANK ADVANCEMENT REQUIREMENTS No
1
2
3
CRITERIA
Personal Business Volume, BV
Steps earned
Number of Qualified Direct Referrals
4
Repeat Sales Points (RSP)
5
BV from new Direct Referrals, BV
Definition
Bronze Star
Silver
Gold
Platinum
Star
Star
Star
60
60
60
BV achieved from the purchases/retail sales from the Repeat E-store
N/A
N/A
Number of Steps you earned after 14 April 2012. This is a one time requirement to be achieved in Gold Star Rank
N/A
N/A
Your New Qualified direct Referrals after 14 April 2012. This is a one time requirement to be achieved in Silver Star Rank
N/A
Diamond Star
2
3
Points achieved from Repeat Sales/purchases made by your 3-level Downlines under your line of Referralship which are convertible into cash or BV.
N/A
N/A
200
600
1,200
Your BV achieved from the purchases of your direct Referrals from Qualify E-store and Repeat E-store
N/A
N/A
500
1,000
1,500
N/A
N/A
1,000
15,000
50,000
N/A
N/A
N/A
30
90
N/A
N/A
N/A
Your BV achieved from the Repeat Sales made by the Downlines under your lines of Referralships. For Gold Star Rank: 1,000 GRBV from the Repeat Sales within your network.
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Group Repeat Business Volume , GRBV
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Number of Indirect Referrals with New Rank Advancement
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Lower Volume Leg, BV
For Platinum Star Rank: 15,000 GRBV with no more than 7,500 GRBV coming from each direct line of Referralship. This means that 15,000 GRBV must come from at least 2 or more Direct Referral lines For Diamond Star Rank: 50,000 GRBV with no more than 12,500 GRBV coming from each direct line of Referralship. This means that 50,000 GRBV must come from at least 4 or more Direct Referral lines
Your Indirect Referrals who advanced from Silver to Gold Star Rank and upwards
Your BV in the weaker leg in the Binary Genealogy For Platinum Star Rank : Achieve 120,000 BVs per week for 8 weeks within a Quarter. PROMO: Achieve 86,400 BV on Lower Volume Leg from 30 Sep 2012 to 29 March 2013
For Diamond Star Rank: Achieve 180,000 BVs per week for 8 weeks within 1 Quarter
Pay-out Rank Maintenance
N/A To become Diamond Star - From Platinum Star rank, achieve Diamond Star requirements for 4 consecutive Quarters and become a Diamond Star from the beginning of the next Quarter.
180,000
Regular: 120,000 BV
To become Platinum Star - From Gold Star rank, achieve Platinum Star requirements for 2 consecutive Quarters and become a Platinum Star from the beginning of the next Quarter. 9
PROMO: 86,400 BV from 30 Sep 2012 to 29 March 2013
N/A
N/A
Achieve Platinum Star requirements for 2 consecutive Quarters
Achieve Diamond Star requirements for 4 consecutibe Quarters
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Quarterly Rank Maintenance Requirements QUARTERLY RANK MAINTENANCE REQUIREMENTS No
1
CRITERIA
Personal Business Volume, BV
2
3
Steps earned
Number of Qualified Direct Referrals
4
Repeat Sales Points (RSP)
5
BV from new Direct Referrals, BV
Definition
Bronze Star
Silver
Gold
Platinum
Star
Star
Star
60
60
60
BV achieved from purchases/retail sales from the Repeat E-store
N/A
N/A
Number of Steps you earned after 14 April 2012. This is a one time requirement to be achieved in Gold Star Rank
N/A
N/A
Your New Qualified direct Referrals after 14 April 2012. This is a one time requirement to be achieved in Silver Star Rank
N/A
Points achieved from Repeat Sales/purchases made by 3-level Downlines under your line of Referralship which are convertible into cash or BV.
Diamond Star
2
3
N/A
N/A
200
600
1,200
N/A
N/A
500
1,000
1,500
For Diamond Star Rank: 50,000 GRBV with no more than 12,500 GRBV coming from each direct line of Referralship. This means that 50,000 GRBV must come from at least 4 or more Direct Referral lines
N/A
N/A
1,000
15,000
50,000
Your Indirect Referrals who advanced from Silver to Gold Star Rank and upwards
N/A
N/A
N/A
30
90
N/A
N/A
N/A
Your BV achieved from the purchases of your direct Referrals’ BV from Qualify E-store and Repeat E-store.
Your BV achieved from the Repeat Sales made by the Downlines under your lines of Referralships. For Gold Star Rank: 1,000 GRBV from the Repeat Sales within your network. For Platinum Star Rank: 15,000 GRBV with no more than 7,500 GRBV coming from each direct line of referralship. This means that 15,000 GRBV must come from at least 2 or more direct Referral lines 6
Group Repeat Business Volume , GRBV
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Number of Indirect Referrals with New Rank Advancement
Your BV in the weaker leg in the Binary Genealogy
PROMO: 86,400 BV from 30 Sep 2012 to 29 March 2013
For Platinum Star Rank : Achieve 120,000 BVs per week for 8 weeks within a Quarter. 8
Lower Volume Leg, BV
180,000
PROMO: Achieve 86,400 BV on Lower Volume Leg from 30 Sep 2012 to 29 March 2013
For Diamond Star Rank: Achieve 180,000 BVs per week for 8 weeks within 1 Quarter
Regular: 120,000 BV
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Maximised Earnings Rank
Qualifications
Weekly Maximised Cash*
Bronze Star
• Tracking Centres must be Qualified and Account must be Activated**
Up to SGD 24,480 / week (SGD 8,160 / TC / week)
Silver Star***
• 3 Qualified Direct Referrals ***
Up to SGD 35,280 / week (SGD 11,760 / TC / week)
Gold Star**
• Earn 2 Steps **** • Achieve Personal Business Volume (PBV) of 60 BV/quarter • Achieve 200 Repeat Sales Points (RSP)/quarter • Achieve 500 BV from new Direct Referral(s)/quarter • Achieve 1,000 BV in Group Repeat Business Volume/quarter
Up to SGD 46,500 / week (SGD 15,500 / TC / week)
*Based on 3 Tracking Centres maximising. **IR Tracking Centres must be Qualified and accounts Activated to advance to any rank beyond Bronze Star. ***One-time requirement, already earned in the Silver Star rank. ****One-time requirement, already earned in the Gold Star rank.
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Maximised Earnings (Platinum Star) Rank
Qualifications
Weekly Maximised Cash*
Platinum Star**
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Up to SGD 60,180 / week (SGD 20,060 / TC / week)
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Achieve Personal Business Volume (PBV) of 60 BV/quarter Must achieve 2 steps. Must have 3 Qualified Direct Referrals Achieve 600 Repeat Sales Points (RSP)/quarter Achieve 1,000 BV from new Direct Referrals/quarter Achieve 15,000 BV in Group Repeat Business Volume/quarter 30 Indirect Referrals with new Rank Advancement from Silver Star Rank upwards/quarter Achieve 86,400 BV in the Lower Volume Leg from 30 Sep 2012 to 29 Mar 2013. Regular: 120,000 BV. Maintain Platinum Star requirements for 2 consecutive quarters.
*Based on 3 Tracking Centres maximising.
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Maximised Earnings (Diamond Star) Rank
Qualifications
Weekly Maximised Cash*
Diamond Star**
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Up to SGD 74,370 / week (SGD 24,790 / TC / week
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Achieve Personal Business Volume (PBV) of 60 BV/quarter Must achieve2 steps. Achieve 1200 Repeat Sales Points (RSP)/quarter Achieve 1,500 BV from New Direct Referral(s)/quarter Achieve 50,000 BV in Group Repeat Business Volume/quarter 90 Indirect Referrals with new Rank Advancement from Bronze Star Rank upwards/quarter Achieve 180,000 BV in the Lower Volume Leg. Achieve Diamond Star requirements for 4 consecutive Quarters
*Based on 3 Tracking Centres maximising.
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Maximising Step Commissions As a global leader in direct selling, QNET pays up to SGD 370 per step at the Diamond Star Rank!
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Q7 Year-Round Rewards • • • •
Special Cash Incentives Discounts on Best-Sellers Fun and Exciting Promotions eVouchers for Product Redemption
There’s always something fresh, new, and fun with Year-Round Rewards!
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Q8 Travel Incentives QNET celebrates milestones and leadership with travel awards. Annual Reward Trips Platinum Star Fly-In
As a new QNET Platinum Star IR, you qualify for the VIP Tour at corporate headquarters, including free airfare and hotel accommodations for top-level leadership training.
Diamond Star Award Travel
Qualifying QNET Diamond Star IRs will enjoy an all-expense-paid trip for two to an exciting destination announced annually.
Leadership Celebration
Diamond Star IRs and Platinum Star IRs enjoy an exclusive leadership celebration in elite settings that inspire and connect the leadership team.
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Terminology & Rules – Getting Started Active IR
Any IR who achieves a Personal Business Volume of minimum 60 BV per quarter from the Repeat eStore.
Activated IR
A Qualified IR who has placed at least one Qualified Direct Referral on each side of any of his/her Tracking Centres.
Enrol
To enroll as an IR into the QNET business and to purchase IRship packages.
Independent Representative (IR)
A person who has enrolled to build a business organisation by selling products and sponsoring others.
Qualified IR
An IR who has at least one (1) Tracking Centre with the minimum qualifying Personal Business Volume 500 BV. 40
Terminology & Rules – Volume and Points Referrer
An IR who refers Retail Customers or other IRs by helping them to become Independent Representatives of QNET.
Business Volume (BV)
The point value of a product used to qualify TCs and calculate step commissions.
eVoucher Points (EP)
Points earned at every Step 6 of any given Commission Cycle, redeemable with products.
Group Repeat Business Volume
BV earned from repeat sales made to your lines of referralship or within your network.
Personal Business Volume (PBV)
BV that IR is responsible to achieve via retail and/or repeat sales.
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Terminology & Rules – Key Concept Repeat Sales Points (RSP)
Points earned from repeat sales/personal business volume, made by your 3-level direct referrals which are convertible into Cash or BV.
Compression When an IR does not meet the quarterly requirement of 60 PBV, Active IRs below that IR will move up to temporarily fill his/her position for commission purposes.
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