Pay Plan Knowledge Flashcards

(27 cards)

1
Q

Enrolment bonus

A

A bonus that an IBO gets, as well as 5 others below them, when they enrol a new IBO

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2
Q

Rank advancement rewards

A

Program that rewards IBO’s as they increase in rank, as well as additional rewards when increasing rank in specific timeframes

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3
Q

RAR Matching bonus

A

When you reach 7.5k+, you start earning a matching bonus on rank advancement rewards from those on your team that achieve ranks 1k - 50k

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4
Q

3 and free

A

3 new enrolled customers = one free product

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5
Q

Matching pay bonuses

A

Once reached 25k, you can earn additional matching bonuses on your first three levels

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6
Q

Bonus pools

A

When in the President or Chairman clubs, you can start earning shares of our three generous bonus pools after rank advancements

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7
Q

StarterPack

A

1 choice of product + 1 wellness and 1 skincare brochure for $55 (valued at $100)

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8
Q

FastStart Mini pack

A

3 products and 3 skincare and wellness brochures for $219 (valued at $300)

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9
Q

FastStart pack

A

6 products, 6 skincare and wellness brochures and a free Cerule bag for $419 (valued at $450)

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10
Q

When enrolling a new IBO on any FastStart pack -

A

Your new IBO will be offered a one time bonus offer to buy additional items at a never to be repeated discounted price. You will earn unlimited additional enroller bonus and additional matching bonuses up to 5 levels on all products

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11
Q

No. of calendar months required for 1k and 3k target FAST TRACK reward

A

1 month

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12
Q

No. of calendar months required for 7.5k and 15k FAST TRACK rewards

A

2 months

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13
Q

No. of calendar months required for 25k rank FAST TRACK reward

A

3 months

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14
Q

No. of calendar months required for 50k rank FAST TRACK reward

A

4 months

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15
Q

Unilevel bonus

A

Paid monthly to IBO through 7 levels. Each rank you go up, you unlock a level (person) to earn a percentage of their earnings and their teams earnings

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16
Q

Retail customer

A

Someone purchasing at retail price

17
Q

Preferred customer

A

Someone with an autoship

18
Q

Enroller Tree

A

Organisational structure that tracks who brought whom into the company. It has unlimited depth and width. All customer types are allowed in this tree

19
Q

UniLevel Tree

A

Organisational structure that tracks the position of people in your organisation. Only IBO’s appear in this tree

20
Q

Qualifying for monthly commissions

A

Must be in ‘active’ status and have the specified PV / PAV for each rank

21
Q

QV =

A

Qualification volume (volume a specific product carries for qualification purposes)

22
Q

CV =

A

Commissionable volume (volume a specific product will contribute toward commission calculations)

23
Q

GQV =

A

Group qualification volume (total QV from purchases within the commission period in an IBO’s downline to infinite depth. Including IBOs own personal purchases)

24
Q

CGQV =

A

Capped group qualification volume (Total GQV capped at a particular value per leg, including PV)

25
PV =
Personal volume (QV from personal orders up to a maximum of 1000QV, as well as orders of personally enrolled retail customers)
26
PAV =
Personal autoship volume (QV from personal recurring orders only. Preferred Customer orders are included in the value)
27
Full dynamic compression
When an IBO in your downline is not active. The disregard for their commissions allows you to earn deeper