Get Renewed, Get RewardedTM

Transcription

1 REWARDS PLAN

2 1 Get Renewed, Get RewardedTM The Renew Rewards Plan is designed to be a transparent, lucrative income generator. Our plan encourages sharing products and developing Independent Brand Partners, and is flexible enough to fit into most lifestyles. We re people too, and we want you to have a truly exceptional opportunity to make extra income to meet your goals and support your family. TABLE OF CONTENTS 2 INTRODUCTION Get to know your new business 3 ENROLLMENT PACKS Choose your pack, get Renewed 3 RETAIL COMMISSION Reselling products for profit 4 CUSTOMER ACQUISITION REWARD Make $200 building a strong customer base 5 FAST START REWARD How you make your money back fast DUAL TEAM COMMISSIONS Commissions based on your binary volumes NEW BUSINESS REWARD Money you make on new pack sales PERSONAL TEAM COMMISSIONS Earn a percentage of your organization s sales each month 9 DOUBLE DIAMOND LEADERSHIP Earn even more each month 9 GLOBAL POOLS Earn a percent of all sales from around the world 10 BUSINESS BUILDER REWARD Earn money on each pack you and your team sells 11 HEALTHY LIFESTYLE REWARD Nostringsattached cash each month 11 INCENTIVE TRIPS Vacations that we take you on for free 12 RANK ADVANCEMENT REWARD Get cash each time you advance a rank 12 RESOURCES Everything else that you need to know are no guarantees concerning the level of success you may experience. US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

3 2 Building Your Teams All new enrolling Brand Partners (you) will start with the title of Independent Brand Partner once they complete the enrollment process. All Brand Partners must be Qualified and Active for the commission period in order to earn commissions. you are Active when you place an order of 80 Recurring Volume (RV) or 100 Business Volume (BV) each month Our plan is as easy as 123 you are Qualified when you enroll 2 Brand Partners, with one to the left and right sides of your organization Get Renewed Choose your product pack. Renew Others Share the product and build your team. Get Rewarded Earn cash and vacations. Getting Started To become an Independent Brand Partner (IBP) with Renew, simply enroll online or fill out an Independent Brand Partner Application and submit a hard copy to the corporate office by fax at (888) or by at customerservice@sozoglobal.com. If you have questions, submit a ticket in your Success Center or contact our Customer Service at (888) or by at customerservice@sozoglobal.com with all your questions. In order to receive commissions, you must be Active. A Brand Partner who generates at least 80 Recurring Volume (RV) or 100 Business Volume (BV) in a calendar month will be considered Active. Relationship Marketing & Earning Retail Customers are customers who purchase Renew products at the suggested retail price, whether directly from one of our Brand Partners or through an online store. Brand Partners may purchase products at wholesale price and resell them for retail profit. Preferred Customers Preferred Customers are your customers who enroll with Renew on a recurring order agreement for their product orders of 50SV (Sales Volume) or more and receive Preferred Customer pricing on Renew products. With sales to Preferred Customers, you earn a commission for your efforts calculated on the difference between wholesale and preferred retail pricing. Also, Preferred Customer orders help qualify you for many other benefits in the Rewards Plan. The main strength of the Renew business is the sale of products to Preferred Customers, which means the more customers you have, the more you can earn. Independent Brand Partner An Active Brand Partner may earn commissions on orders placed within his or her downline. Please There are refer no to mandatory the Price List purchase in the requirements Renew Success to Center register for as complete a Brand Partner and uptodate and no personal information purchase requirements to earn retail sales commissions. are no guarantees concerning the level of success you may experience.v US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

4 3 Enrollment Packs Choose one and get started! SPARE TIME PART TIME BIG TIME $119 $499 $999 Retail Commission Paid Weekly When you make a sale to a customer, you earn the difference between the recommended retail price and the wholesale price of the product on that sale. See Definitions on last page for further explanation and benefits of Retail Commissions. Product Suggested Retail Price Brand Partner Price Sales Volume Brand Partner Retail Profit % Retail Profit Renew HC $69 $59 40SV $10 1 Restore KG $59 $51 40SV $8 13% Renew System $130 $110 80SV $20 1 are no guarantees concerning the level of success you may experience. US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

5 4 Customer Acquisition Reward Paid Weekly Starting your business off correctly will help you create and sustain a successful business with viable longterm income potential. A strong customer base is one of the most vital parts of your business. Renew rewards you early on to help start your business off on the right foot with our Customer Acquisition Reward. For every 5 Preferred Customers you personally enroll in the first 30 days, Renew will pay you a Reward of $200. For example, personally enroll 10 customers, and you will earn $400. This is a fast way to start earning money in Renew and is the key to starting your business right. After your first 30 days, Renew will continue to reward you with a $50 bonus for every 3 Preferred Customers that you enroll in a 30 day period so you never stop earning! Rewards will be paid after recurring orders are processed. IN YOUR FIRST 30 DAYS You can achieve the $200 Customer Acquisition Reward for every 5 preferred customers you enroll in your first 30 days. = $200 are no guarantees concerning the level of success you may experience.v US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

6 5 Fast Start Reward Paid Weekly A fast start is the quickest way to the goal line! And the Renew Fast Start Reward is a great way to get your Renew business off and running. The process is simple: in your first 30 days as a Renew Brand Partner, get your Part Time Product Pack, and personally sponsor at least 2 Brand Partners (one in each binary leg) with a combined Sales Volume of 600SV. Then, put a Fast Start Reward of $275 in your pocket! Fast Start Reward Qualification Example: 1 JOIN THE RENEWAL Enroll with a Part Time or Big Time pack. 2 RENEW TWO Personally enroll 2 Independent Brand Partners with a minimum total 600 SV. 300sv 300sv FAST START REWARD Meet these requirements within your first 30 days and earn a $275 Fast Start Reward! are no guarantees concerning the level of success you may experience. US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

7 6 Dual Team Commissions Paid Weekly DualTeam Commissions are calculated from your placement tree, which has two legs: a left and a right. Earning DualTeam Commissions only requires you to be Active and Qualified. You will be compensated based on Product Pack Sales Volume within your placement tree. As your group begins to grow, you are entitled to DualTeam Commissions based on the total Product Pack SV generated in your lesser leg. Only orders that contain a Renew Product Pack are calculated for DualTeam Commissions. DualTeam Volume must be a minimum of 300 SV to trigger the commission. If the weak leg volume (the leg with the least volume) is less than 300 SV, then the existing SV will carry forward to the following week as long as you remain Active.* If you have not yet become qualified, your volume will carry forward and be paid once you are qualified. DualTeam Commissions are limited by your paid as rank up to $60,000 per week. DualTeam Commissions may be earned by being 80RV/100BV Active at the Entrepreneur Ranks, or 160RV/200BV Active or greater at higher ranks. Paid as Rank Active PV Required RV/BV* Active Personally Enrolled Monthly % Paid on Lesser Leg SV Dual Team Weekly Earning Maximum Qualified 80/100 2 $1,000 EXECUTIVE ENTREPRENEUR Bronze Silver 80/100 80/100 Gold 80/ ,000 5,000 10,000 Platinum 80/ ,000 Emerald 160/ , / ,000 10% 10% $1,000 $1,000 10% $2,000 12% $3,000 12% $5,000 12% $16,000 AMBASSADOR Double Black Presidential 160/ / / , ,000 1,000,000 1 $20,000 1 $40,000 18% $60,000 A minimum of 300 SV on each placement tree leg is required to generate a DualTeam Commission. When the DualTeam Commission is calculated, an equal amount of SV is deducted from each leg. See Carry Over Volume limits under Definitions. *RO=Recurring Order Volume; BV = Business Volume. See definitions on p are no guarantees concerning the level of success you may experience.v US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

8 7 New Business Reward Paid Weekly Each time you sell a Renew Product Pack, you receive a New Business Reward. In addition to the New Business Bonus, each Renew Product Pack carries commissionable volume that is paid on Sales Volume through the Dual Team organization. Product Pack Pack Price Sales Volume New Business Reward Spare Time $119 80SV $30 Part Time $ SV $100 Big Time $ SV $200 Preferred Customer Pricing Examples Product Suggested Retail Price Distributor Price Preferred Customer Price Sales Volume Renew HC $69 $59 $64 40SV Restore KG $59 $51 $56 40SV Renew System $130 $110 $120 80SV Please refer to the Price List in the Renew Success Center for complete and up to date information. are no guarantees concerning the level of success you may experience. US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

9 8 Personal Team Commissions Paid Monthly Earn a percentage of sales from the previous calendar month based on total Sponsorship Organization Volume (SOV) through the 12 levels of your organization with compression. Earn more by achieving a higher rank status! SOV does NOT include Pack Sales. Regardless of rank, Level (0) pays 3% of all BV in excess of 200SV. This includes all of your Retail Sales plus personal purchases. Rank Bronze Silver Gold Platinum Emerald DD and UP Level 1 3% 3% 3% 3% 3% 3% 3% Level 2 Level 3 Level 4 Level 5 Level 6 Level 7 Level 8 Level 9 Level 10 Level 11 Level 12 DDLB Up to.7 are no guarantees concerning the level of success you may experience.v US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

10 9 Double Leadership Reward Paid Monthly When you achieve the rank of Double, you qualify to earn on all SOV from your 13th level to the next Independent Brand Partner of equal or greater rank. Depending on your rank, and the rank of those in your Personal Enrollment Tree, your percent of the SOV will change (refer to the table at right). For example: if you are a Black, you will make 0. of your total SOV until you reach the rank of Double, at which point you will begin earning 0.2 and you will earn 0.2 below them until you reach a Black or above, below which you will no longer earn a bonus. Rank Double Black Presidential Double Black Presidential Global Reward Pools Paid Monthly Renew rewards a one mission, one vision philosophy through our Global Reward Pool. In order to earn from the Global Reward Pool, you must be at the paid as rank. Every month, Renew adds up all global sales volume and puts a percentage into the Global Reward Pool. Enrollment Product Pack sales are not included in the Global Reward Pool. As soon as you reach the rank of Silver, you become eligible to start earning shares of the Pool. The Pool is up to 2% of the Global SV from Preferred Customers, Retail Customers and Brand Partner purchases (PEV), and is divided by the ranks from Silver to Presidential. The higher your rank, the more shares you will earn in the pool. Global Bonus Pools are subject to a 50% SV cap. ENTREPRENEUR CLASS EXECUTIVE CLASS AMBASSADOR CLASS Rank Shares Rank Shares Rank Shares Silver 5 Emerald 8 Double 10 Gold 6 9 Black 11 Platinum 7 Presidential 12 EXAMPLE The company does 1,000,000 in Global Sales Volume from regular and recurring orders, preferred customer purchases and retail purchases during a one month period. The Pool would be up to 2% of the 1,000,000, or $20,000, distributed based on shares. are no guarantees concerning the level of success you may experience. US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

11 10 Business Builder Reward Paid Weekly Business Builder Rewards are paid on every Product Enrollment Pack purchase. Rewards are paid to your enrollment tree up line based on paidas rank. Brand Partners who achieve the paidas rank of Platinum or above will automatically qualify to earn Business Builder Rewards. Pack Platinum Emerald Double Black Presidential Total Spare Time $5 $5 $5 $15 Part Time $15 $15 $10 $5 $5 $5 $55 Big Time $30 $25 $15 $10 $10 $10 $100 Business Builder Reward Qualification Example: Achieve the rank of Platinum. You are now eligible to earn Business Builder Rewards. Personally sponsor a new Brand Partner with a Part Time Pack you earn a $15 Business Builder Reward. The first Business Builder Qualified and paidas Emerald above you earns $15, and so on. Your newly sponsored Brand Partner personally sponsors a new Brand Partner with a Big Time you earn a $30 Business Builder Reward. are no guarantees concerning the level of success you may experience.v US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

12 11 Healthy Lifestyle Reward Paid Monthly At Renew, we believe in providing rewards that exceed the typical company in our industry. That is why we offer a Healthy Lifestyle Bonus for Brand Partners that achieve the ranks of Platinum and above. When you achieve the rank of Platinum, Renew will reward you with a monthly Healthy Lifestyle Bonus based on your paid as Rank. $2,500 MONTHLY BONUS BY RANK $1,500 $2,000 $200 $300 $1,000 Platinum Emerald Double Black Presidential Renew Trips & Incentives Awarded Annually Renew rewards its Brand Partners by allowing them to become eligible for exclusive exotic vacations to some of the world s most exciting destinations. Prepare to be pampered alongside an exclusive club of high achievers. are no guarantees concerning the level of success you may experience. US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

13 12 Rank Advancement Reward Earned Once As you advance through the Renew Rewards Plan, you can earn a onetime Rank Advancement Reward at each listed level achieved. These are onetime rewards paid after all qualifications have been met. PLATINUM $1,000 DIAMOND $15,000 DOUBLE DIAMOND $25,000 (Must maintain rank status for two consecutive calendar months. Paid over 12 months). BLACK DIAMOND $50,000 (Must maintain rank status for two consecutive calendar months. Paid over 24 months.) PRESIDENTIAL DIAMOND $100,000 (Must maintain rank status for three consecutive calendar months. Paid over 24 months.) Brand Partners who reach the rank of and above will be presented with their Rank Advancement Reward recognition at a Renew Convention. Brand Partners must maintain the respective rank to continue earning monthly rank advancement bonus payments, where applicable. are no guarantees concerning the level of success you may experience.v US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

14 13 Qualifications ENTREPRENUER RANKS Active with 80 RV or 100 BV and Qualified Bronze to qualify to be paid as a Bronze, you must have a minimum Rank Achievement Volume () of 2,000 SV and a minimum of two personally enrolled Active Brand Partners in a calendar month. Silver to qualify to be paid as a Silver, you must have a minimum Rank Achievement Volume () of 5,000 SV and a minimum of two personally enrolled Active Brand Partners in a calendar month. Gold to qualify to be paid as a Gold, you must have a minimum Rank Achievement Volume () of 10,000 SV and a minimum of two personally enrolled Active Brand Partners in a calendar month. Platinum to qualify to be paid as a Platinum, you must have a minimum Rank Achievement Volume () of 20,000 SV (with a maximum of 60% coming from a single Personal Sponsorship Leg) and a minimum of four personally enrolled Active Brand Partners in a calendar month. EXECUTIVE RANKS Active with 160 RV or 200 BV and Qualified Emerald to qualify to be paid as an Emerald, you must have a minimum Rank Achievement Volume () of 50,000 SV (with a maximum of 60% coming from a single Personal Sponsorship Leg) and a minimum of four personally enrolled Active Brand Partners in a calendar month. to qualify to be paid as a, build two qualified Emerald* legs, and have a minimum Rank Achievement Volume () of 100,000 SV (with a maximum of 50% coming from a single Personal Sponsorship Leg) and a minimum of four personally enrolled Active Brand Partners in a calendar month. AMBASSADOR RANKS Active with 160 RV or 200BV and Qualified Double to qualify to be paid as a Double, build one qualified ** leg and two qualified Emerald* legs, and have a minimum Rank Achievement Volume () of 250,000 SV (with a maximum of 40% coming from a single Personal Sponsorship Leg) and a minimum of four personally enrolled Active Brand Partners in a calendar month. Black to qualify to be paid as a Black, build two qualified Double *** legs and two qualified. ** legs, and have a minimum Rank Achievement Volume () of 500,000 SV (with a maximum of 40% coming from a single Personal Sponsorship Leg) and a minimum of four personally enrolled Active Brand Partners in a calendar month. Presidential to qualify to be paid as a Presidential, build three qualified Double *** legs and two qualified ** legs, and have a minimum Rank Achievement Volume () of 1,000,000 SV (with a maximum of 40% coming from a single Personal Sponsorship Leg) and a minimum of four personally enrolled Active Brand Partners in a calendar month. *Emerald Leg: an enrollment leg with a paid as Emerald anywhere in the depth in the leg. ** Leg: an enrollment leg with a paid as anywhere in the depth in the leg. ***Double Leg: an enrollment leg with a paid as Double anywhere in the depth in the leg. For all ranks and above: A single enrollment tree leg cannot be used for more than one qualified leg requirement. are no guarantees concerning the level of success you may experience. US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

15 14 General Notes Renew will pay up to a maximum of 50% of the Qualified Personal Enrollment Tree Volume. If the cap is reached, Renew will adjust the Commission percentage to reach the 50% maximum payout. All compensation in the Renew Rewards Plan is based soley on product sales activity. An annual administration fee of $49 is required to maintain status as a registered Renew Independent Brand Partner. DEFINITIONS 50% Payout Rule: Renew will not payout more than 50% of the total Business Volume during any bonus period. Active Brand Partner: An Independent Brand Partner who generates at least 80 RV or 100 BV in a calendar month. Business Volume (BV): All personal purchase volume and retail and preferred customer volume combined during a calendar month. Business Volume qualifies you for rank advancement and other features in the plan. You will receive 3% on all volume that exceeds 200SV (i.e., on your 0 level). These commissions will be paid monthly with the Personal Team Commissions payout. Carryover Volume: For DualTeam Commissions, each Active Brand Partner can carry over a maximum of 1,000,000 in the Strong Leg SV each period and up to 2,000 SV in the Lesser Leg. Carryover Cap: The amount of SV an active Brand Partner can carry over for each bonus period. Commission Qualified: Active and Qualified. Compression: Excludes inactive Brand Partners from counting as a level in your Personal Sponsorship Tree. Customer: Anyone who purchases a Renew product either directly from a Brand Partner or from a Brand Partner s website and is not yet a Brand Partner. DualTeam: When you build your team, you will build a left leg and a right leg. All SV from orders associated with a Renew Product Pack enters the left or right leg. This is your DualTeam structure. DualTeam is only one component of the Renew Rewards Plan. DualTeam Commissions: Earn up to 18% on the lesserleg of your DualTeam structure either left or right leg, to unlimited levels. Enroller: The actual Renew Brand Partner who recruits a prospect and signs him or her up as a Renew Brand Partner. Enrollment Tree: The Brand Partner organization consisting of Brand Partners you have personally enrolled and those that have been enrolled by them, and so on. Enrollment Tree Leg: An Enrollment Tree Leg starts with a new Brand Partner when you personally enroll them and is expanded based on the new Brand Partners that they personally enroll. Each person that you personally enroll (often referred to as your 1st level) will become the start of an Enrollment Tree Leg. Everyone they personally enroll (and so forth) will all be within that Enrollment Tree Leg. Independent Brand Partner: Anyone who signs a Renew Enrollment Agreement. All Brand Partners must also adhere to the Renew Policies and Procedures and Terms and Conditions. A Brand Partner who has had their position canceled for any reason is no longer a Brand Partner. Lesser Leg Volume (LLV): The total SV in the lesserleg of the right or left side of your DualTeam. are no guarantees concerning the level of success you may experience.v US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

16 15 Monthly Reward Period: Your monthly reward is based on the highest paid as rank achieved within each calendar month. (See Paid As Rank definition.) Personal Sponsor: A term used to describe the direct connection between a Sponsor and a Brand Partner. Sponsoring is the placement of a Brand Partner within the Unilevel organization (Sponsorship Tree). Preferred Customers: Preferred Customers are your Retail customers who signup with a recurring order of 50SV (Sales Volume) or more and receive Preferred Customer pricing on Renew products. Qualified: A personally enrolled active Brand Partner on both your left and right legs. Rank Achievement Volume (): The total volume in your personally sponsored organization from Retail Sales, personal purchases from Brand Partners within your personal organization and Renew Product Pack sales within your personally sponsored organization used to calculate the Volume for rank achievement. Rank Achievement Volume caps may apply based on Qualification parameters. Rank (Highest Achieved or Lifetime): The highest Rank title earned since joining Renew. Rank (Paid As): The Rank title earned in the current pay period. Recurring order: This is an ongoing and automatic program that enables customers and Brand Partners to receive their products consistently every month. This is a great way to ensure you maintain Active status. Recurring Volume (RV): Volume earned from recurring orders placed in a calendar month. Reserve Inactive Brand Partner Status: If a Brand Partner has no sales volume activity for a term of six consecutive months the account will be removed from the Commission program tree and held with inactive status for the remainder of its one year term. Reactivation can be established with 100BV in product orders and payment of a $49 reinstatement administration fee. If there is no activity or reactivation at the end of the one year term, the Brand Partner account will be canceled. Retail Customers: These are customers who purchase Renew product at retail price, whether directly from Renew Brand Partners or through online purchases. Brand Partners may purchase product at wholesale price and sell it for retail profit. Retail Commissions: Profit based on the difference between wholesale pricing and retail and/or preferred customer pricing, and is paid weekly. You can earn up to 50% depending on the products that are purchased and resold. In addition to this payout, all of your personally enrolled customer volume pays 3% directly to you for all Volume that exceeds 200BV, and is paid monthly. Retail Volume is added to Business Volume and therefore may be used toward your personal qualifications as well. Sales Volume (SV): A value expression based on the wholesale price of Renew products. Each product has a SV number that the company uses to determine what is paid out to you in the Rewards Plan. Sponsorship Organization Volume (SOV): The total Sales Volume in your personally sponsored organization from Retail Sales and personal purchases from Brand Partners within your personal organization. SOV is used to calculate the Personal Team Commissions and Leadership Bonuses. This volume amount does not include Product Pack sales. Strong Side Volume: The total SV in the strongerleg of your DualTeam structure. are no guarantees concerning the level of success you may experience. US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com

17 16 Return Policy We are exceptionally proud of the products we produce. Each one is designed to empower you to be the happiest, healthiest you possible. However, if you don t feel the difference our products encourage in your life, you can return them within 30 days of purchase for a full money back guarantee (with proof of purchase and excluding the cost of shipping and a 10% restocking fee). We know you are going to love our products as much as our friends and family do, but we also respect your decision completely and are eager to support you however we can. Customers: Simply give us a call at , ship us your unused product, and we will credit you back minus the cost of tax and shipping. Brand Partners: Simply call us at , ship us your unused, resaleable product, and we will credit you back minus the cost of tax, shipping, and restocking. Made with by Renew are no guarantees concerning the level of success you may experience.v US.ENG 2016 SOZO Global, Inc. All rights reserved. SZ.US.EN.RP DiscoverRenew.com