Compensation Plan 2017 [ENG]

Page 1

COMPENSATION PLAN


GETTING STARTED 1

ENROL Go to www.qnet.net, click ‘enrol’ and the rest of the steps will be provided to you or your prospects.

2

3

QUALIFY

ACTIVATE

Have at least 500 BV in your Tracking Centre from Retail Sales or product purchases for your personal consumption.

Achieve and allocate a minimum of 500 qualifying BV on each side of your Tracking Centre. There are three ways to activate.

4

MAXIMISE You rise in rank, stature, and wealth as you advance in the QNET Achievers’ Club ranks. Set and achieve each step in this Rank Advancement platform.


THREE WAYS TO ACTIVATE 1

THROUGH RETAIL SALES

All products are purchased by Retail Customers. The corresponding BV are allocated to the Referrer’s account.

2

COMBINATION OF SALES AND PURCHASES

The combination of BV from the purchases of directly referred Retail Customers and directly referred Qualified IRs.

3

PERSONAL SPONSORSHIP Place at least one (1) Qualified Direct Referral under each side of your Tracking Centre.


THE QNET COMPENSATION PLAN

A sustainable business and a lasting power of true residual income are within reach of every QNET IR who develops and practises the disciplines of:

R EFER

 Retail Profit  Early Payout

R EPEAT

 Step Commission  Repeat Sales Commission

R ISE R ETAIN

 Monthly Rank Advancement and Maintenance  Rank Maintenance Bonus  Year-Round Incentives


R EFER

RETAIL PROFIT

Retail Profit is the difference between the price paid by your customer and your discounted price as an IR.

Price paid by your Retail Customer

Your Price


R EFER

EARLY PAYOUT

Receive up to USD 225 according to the commission schedule. GROUP BUSINESS VOLUME IN ANY LOWER VOLUME TEAM

EARLY PAYOUT (In USD)

1,000 BV

USD 50

1,000 BV

USD 50

1,000 BV

USD 125

TIME FRAME Within the first four weeks from the IR’s registration date Within the first six weeks from the IR’s registration date -- NA --

*Based on Silver Star rank with Compensation Level of USD 225 per step. **Bronze Star rank with Compensation Level of USD 200 per step, the last EPO is USD 100.


R EPEAT

STEP COMMISSION

Receive weekly commissions based on the sales achieved by your lower volume team on the allowable commission amounts per Tracking Centre determined by your active pay rank. Maximum Weekly Step Commission per Tracking Centre RANK

BRONZE STAR

SILVER STAR

GOLD STAR

SAPPHIRE STAR

PLATINUM DIAMOND BLUE STAR STAR DIAMOND STAR

Payout per Step Maximum Steps per Week per TC

USD 200

USD 225

USD 250

USD 260

USD 275

USD 300

USD 325

40

50

60

65

70

80

90


R EPEAT

REPEAT SALES COMMISSION

You will earn the designated RSP up to 10 levels from your sale to every Retail Customer or Personal Purchases of any QNET products and Repeat Sales to downlines within your line of referralship.

RANK

IR

BRONZE STAR

SILVER STAR

GOLD STAR

SAPPHIRE STAR

PLATINUM STAR

DIAMOND STAR

BLUE DIAMOND STAR

RSP Pay Levels

5 Levels

5 Levels

5 Levels

6 Levels

7 Levels

8 Levels

9 Levels

10 Levels

RSP is automatically converted into cash on a weekly basis. 10,000 RSP = USD 300 ON PROMO: 10,000 RSP = USD 400. Until further notice. You must have at least 50 Personal RSP to earn Repeat Sales Commission.


REPEAT SALES POINTS

When you sell or buy QNET products, you earn Repeat Sales Points (RSP). These points are converted into cash on a weekly basis and you need these to advance and maintain ranks.


YOUR RSP  RSP is automatically converted into cash on a weekly basis.  No more minimum conversion.


RSP CASH CONVERSION

ON PROMO! 10,000 RSP

USD 400

*On Promo until further notice. Regular Conversion is 10,000 RSP = USD 300


WE PAY DOUBLE AT LEVEL 2! Level

IR

1 (Personal)

50

50

50

50

50

50

50

2 (Double RSP)

100

100

100

100

100

100

100

100

3 4

50

50

50

50

50

50

50

5

50

50

50

50

50

50

50

50

50

50

6 7 8 9

10

50

Silver Star

Gold Star

Sapphire Star

Platinum Star

Diamond Star

Blue Diamond Star

Bronze Star

50

50 50

50 50 50

50 50 50 50

50 50 50 50

50

50

50 50 50 50 50

50

*Assuming downlines have 50 RSP each.


HOW DOES IT WORK?

50 RSP

You are a new IR under the Bronze Star rank.

50 RSP

100 RSP

150 RSP

50 RSP

150 RSP

100 RSP

50 RSP

150 RSP

100 RSP

50 RSP

100 RSP

100 RSP

50 RSP

=

You’re Level 1

=

800 RSP

=

350 RSP

=

700 RSP

50 RSP

50 RSP

150 RSP

50 RSP

Your Level 2

Your Level 3

Your Level 4

YOU WILL EARN A TOTAL OF 1,900 RSP OR USD 57 FROM SALES AND PURCHASES ON TOP OF YOUR RETAIL PROFIT! ON PROMO! RECEIVE 1,900 RSP OR USD 76 FROM SALES AND PURCHASES ON TOP OF YOUR RETAIL PROFIT!


UNDERSTANDING COMPRESSION Before

After

- Inactive IR Assuming you are at Bronze Star rank.



R ISE

MONTHLY RANK ADVANCEMENT AND MAINTENANCE Do more and earn more! Develop your sales and leadership skills and qualify for higher commission rates with Rank Advancement!

Get to know the 7 Achievers’ Club Star Ranks!


BRONZE STAR

Qualified & Activated (one-time requirement only)

IRs need to achieve 50 Personal RSP* to be eligible to earn RSP Commissions.

*Sales from directly referred Retail Customers and Personal Purchases.


SILVER STAR Must have achieved the Bronze Star rank

3 Qualified Directs with 500 BV each OR 2 Qualified Directs with 1,000 BV each (“one-time requirements only�)

IRs need to achieve 50 Personal RSP* to be eligible to earn RSP Commissions.

*Sales from directly referred Retail Customers and Personal Purchases.


GOLD STAR

Must have achieved the Silver Star rank 500 Direct BV

600 Group RSP** 2 Steps

50 Personal RSP*

*Sales from directly referred Retail Customers and Personal Purchases. **Within line of sponsorship.


SAPPHIRE STAR Requirements on Promo!

Must have achieved the Gold Star rank 1,000 Direct BV

2,000 Group RSP** 40 Steps

5 Downlines with Gold Star rank or above** 50 Personal RSP*

*Sales from directly referred Retail Customers and Personal Purchases. **Within line of sponsorship. Note: Promo until further notice.


PLATINUM STAR

Must have achieved the Sapphire Star rank 1,000 Direct BV

5,000 GRSP from a minimum of 2 legs and a maximum of 2,500 GRSP each ** 120 Steps

50 Personal RSP*

5 downlines with Sapphire Star rank or above AND 10 downlines with Gold Star rank or above**

Achieve Platinum Star rank requirements for 2 consecutive months

*Sales from directly referred Retail Customers and Personal Purchases. **Within line of sponsorship.


DIAMOND STAR

Must have achieved the Platinum Star rank 2,000 Direct BV

15,000 GRSP from a minimum of 2 legs and a maximum of 7,500 GRSP each ** 200 Steps

• •

50 Personal RSP*

30 downlines with Sapphire Star rank or above (max of 21 from any side of TC 001, any downline) and 1 downline with Platinum Star rank or above within line of sponsorship Achieve Diamond Star rank requirements for 2 consecutive months

*Sales from directly referred Retail Customers and Personal Purchases. **Within line of sponsorship.


BLUE DIAMOND STAR

Must have achieved the Diamond Star rank 3,000 Direct BV

20,000 GRSP from a minimum of 3 legs and a maximum of 7,500 GRSP each** 320 Steps

50 Personal RSP*

• 10 downlines with Platinum Star rank or above (max of 7 from any side of TC 001, any downline) and • 2 downlines with Diamond Star rank or above (1 on each side of TC 001, at least 1 within line of sponsorship)

Achieve Blue Diamond Star rank requirements for 3 consecutive months

*Sales from directly referred Retail Customers and Personal Purchases. **Within line of sponsorship.


QNET celebrates milestones and leadership with AIRE:

AWARDS

INCENTIVES

RECOGNITION EVENTS


WE HONOUR MILESTONES. AWARDS

INCENTIVES

 Exclusive Rank pins*  Limited edition merchandise**

RECOGNITION EVENTS

*Applicable only for Gold Stars and above. **Applicable only for Sapphire Stars and above.


WE REWARD ACCOMPLISHMENTS. AWARDS

INCENTIVES

RECOGNITION EVENTS

*with Maintenance Requirements for Diamond and Blue Diamond Stars.

 Cash incentives*  Exciting all-expense-paid travel and lifestyle incentives when you maintain 12 consecutive months of Platinum, Diamond, and Blue Diamond pay ranks!


WE RECOGNISE HARD WORK. AWARDS

INCENTIVES

RECOGNITION EVENTS

*Applicable only to Platinum Stars and above.

 Your success story featured on QNET official channels and publications*  Onstage recognition in Regional Events for Gold Stars  Sapphire Stars will be recognised by V Partners in V-Con  V-Con Stage Recognition*


WE CELEBRATE ACHIEVEMENTS. AWARDS

INCENTIVES

RECOGNITION EVENTS

We know how to celebrate in style. Receive personal invitations from QNET Top Management to exclusive events and more money-can’t-buy experiences celebrated with your fellow achievers, esteemed V Ambassadors, and QNET Founders.


R ETAIN

RANK MAINTENANCE BONUS – ON PROMO!* Maintain the Diamond and Blue Diamond Star pay ranks for 6 consecutive months to receive more bonuses!

RANK MAINTENANCE BONUS (6 consecutive months)

DIAMOND STAR

BLUE DIAMOND STAR

USD 10,000

USD 30,000

*Until further notice.


R ETAIN

YEAR-ROUND INCENTIVES

Earn rewards, points, and incentives tied to regular and ongoing product promotions and cash incentives.

AND MORE!


COMPENSATION PLAN


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.