G E T TO K N OW THE V IM COMPENSATION PLAN

Transcription

1 G E T TO K N OW THE V IM COMPENSATION PLAN

2 ARE READY TO SOAR? At VIM, you can be precisely the person you long to be. You can do anything you desire. And, you can have everything you want in your life. There is no secret. There is no mystery. All it takes is discipline, focus and training to harness the powers you have available to you to achieve anything, and everything, you can dream. Our VIM Affiliate Program can help you reach the health, prosperity, love and happiness you desire in this life, and in turn be rewarded as you share it with others. I NSPI R E, ED U C AT E, T R ANSFO R M. Brent Payne & Linda Baer Founders 2

3 on the AS A VIM, HAVE 1 6 WAYS TO EARN 2 VIMBOOST 3 PERSONAL VIMSHARE BONUS LEVEL BONUS BONUS You will earn 10% on the Commissionable Volume for every VIM subscription you sell. This is regardless of your title or experience. As you build your own VIM team, you will earn a commission on the sales of the people in your organization. VimBoost rewards you and your team for VimSharing. Each subscription you sell results in a PayLine Sponsor Bonus CHECK MATCH BONUS VIM ELITE BONUS LIVE EVENT BONUS By mentoring and supporting the Affiliates in your team to succeed, you earn a bonus for your part in their success. As your customers and team members take their businesses to the next level, you will earn a commission and override bonuses. As you build your own VIM team, you will earn a commission on the sales of the people in your organization. VIM Affiliates can earn up to 35% on each subscription they sell, 10% in Personal VimShare Bonus, up to 15% with the VimBoost Bonus, and up to 10% on your Level Bonuses! You will also earn a minimum of 50% on your VIM Elite bonuses and Live Event bonuses! 3

4 1 10% PERSONAL VIMSHARE BONUS WILL EARN UP TO ON THE PURCHASE OF EVERY VIM SUBSCRIPTION VimSharing, or selling VIM, is the first and most fundamental behavior of successful Affiliates. Regardless of your Title, selling will be a measure of your overall success. You earn a recurring monthly Personal VimShare Bonus of 10% on every subscription you sell for as long as that person is active. With the Fast Track Bonus, you will earn $100 for your first three VimEffect Subscription sales and $150 for every three additional VimEffect Subsciption sales in your first 30 days as an affiliate. Your Customers can also earn a 10% CV bonus* when someone they refer purchases a subscription as either a customer or Affiliate. This bonus is paid as a credit on their next month s subscription and continues as long as their subscribers have an active subscription. * Except where prohibited 4

5 2 LEVEL BONUSES Sponsoring and mentoring Affiliates is important and a deeply fulfilling part of your VIM experience. When the Affiliates below you succeed, so do you. As an Active Affiliate, you begin to be paid on the sales of the Affiliates within your team. As you advance to higher titles and your mentorship expands, you will be paid down through four levels. You are paid Level Bonuses on the Commissionable Volume of the purchases from the Customers and Affiliates below you based on your Paid-As Title, regardless of the titles of the Affiliates below you. MA Level One Level Two Level Three Level A Level is simply the location of another Affiliate within your organization. The Affiliates directly below you are your Level one, the people they sponsor are your Level two, and so on. Level Four ACTIVE MANAGING EXECUTIVE LEADING MARKETING EXECUTIVE MARKETING VICE PRESIDENTIAL PRESIDENTIAL CHAIRMAN S MA EA MD L1 10% 10% 10% 10% 10% 10% 10% 10% 10% L2 3% 5% 7% 7% 7% 7% 7% 7% L3 3% 5% 5% 5% 5% 5% L4 5% 5% 5% 5% 5% Percentages of Commissionable Volume 5

6 3 PayLine Sponsor A PayLine Sponsor is the Affiliate assigned to receive the VimBoost Bonus. This is determined at the time of enrollment. The PayLine Sponsor will always be either yourself, or your PayLine Sponsor. Once set, the PayLine Sponsor will never change. VIMBOOST BONUS The VimBoost bonus is one of our most powerful bonuses. When you are paid-as an Executive Affiliate or higher, you can begin receiving a VimBoost bonus from Commissionable Volume of the subscriptions you sell, and subscriptions sold by Affiliates and customers for whom you are the PayLine Sponsor. Every Affiliate and Customer will be assigned a PayLine Sponsor at the time that they sign up for a subscription. The PayLine Sponsor is either their Personal Sponsor or another individual in the upline, depending on the chronological order in which the Affiliate or Customer signed up for their subscription. In the first set of 6 subscriptions sold, the person in your downline who sold them is the PayLine sponsor for subscriptions B1,B3 and B5. Because you are the PayLine Sponsor of that selling Affiliate, you will be the PayLine Sponsor for subscriptions B2, B4 and B6. For each subsequent set of 6 subscriptions sold, your Affiliate is the PayLine Sponsor for the first five (b1-b5), and you are the PlayLine Sponsor for every sixth (b6). This pattern continues for each subscription in which you are assigned as the PayLine Sponsor, infinitely deep The percentage the PayLine Sponsor earns is based on their Paid-As Title. The VimBoost bonus is paid in addition to all other bonuses. Title EA LA MD EMD VPD PD CD Bonus* 5% 10% 15% 15% 15% 15% 15% where you are assigned as the PayLine Sponsor *% of CV Affiliate Subscriber where you are the PayLine Sponsor A1 Subscribers (Affliate or Customer) enrolled by A1 B1 B2 B3 B4 B5 B6 b1 thru b5 b6 Subscribers (Affliate or Customer) enrolled by B2 C1 C2 C3 C4 C5 C6 c1 thru c5 c6 infinitely deep FIRST SET OF SIX 6 ALL FOLLOWING SETS OF SIX

7 4 CHECK MATCH BONUS As the Affiliates in your team benefit from your bold and innovative leadership, they will be inspired to achieve a Director title. When they do, and you have reached the title of Executive Marketing Director or higher, you can receive a Check Match Bonus. This bonus pays a percentage of the combined earnings from the Level Bonuses and VimBoost of your downline Marketing Director or higher title Affiliates. The percentage you earn, and the number of Generations you can earn from is determined by your Paid-As Title. R Paid-As Title Generation A Generation is a group that has formed below you. It starts with a Marketing Director or higher title, based on Paid-As Title, and includes their entire personal group, down to but not including the next Marketing Director or higher (which would be the start of the next generation). 10% 10% 10% 10% R DOWNLINE S Paid-As Title 12% 12% 12% 12% 12% 15% 15% 15% 12% 15% 17% 17% MA 1st Generation MD 12% 15% 17% 20% Up to $1,000 per check on 1 Generation Up to $2,500 per check on 2 Generations Up to $5,000 per check on 3 Generations Up to $10,000 per check on 4 Generations 7

8 QUALIFICATIONS VIM ELITE BONUS EXAMPLE VIM ELITE $2,000 (retail price) BONUS 5 VIM ELITE BONUS Do you ever wish you had a stepping stone to your personal happiness and financial success; a way to seamlessly get you across the divide from the stuck place you are now to that green pasture that s and you are a Managing Affiliate receive 50% bonus and you are a Managing Affiliate receive 5% bonus and you are an Executive Affiliate receive a 1% bonus 1 Level 1 2 Level 2 3 Level 3 $1,000 $100 $20 awaiting you? The VIM community thrives on helping you overcome your greatest challenges and growth initiatives. We have the experience, knowhow and support network to help you create and flawlessly execute successful plans to attract and retain customers, grow your profits and create financial freedom for retirement. Our plan guides you step-by-step as you take your businesses to the next level. Once you have activated and reached Managing Affiliate (or higher title) you are eligible to receive a bonus of 50% of the retail price for every VIM Elite Training System you sell. When you are the sponsor of an Affiliate who sells an Elite Training System and are paid-as a Managing Affiliate, you will receive a 5% bonus. When you work with your team members to sell Elite Training Systems, you can earn bonuses on their Elite sales through 4 levels. No other bonuses will be paid on Elite Training System sales. *Activation is required to earn commissions. See glossary page for Activated definition. LEVELS QUALIFICATIONS BONUS Level 1 Managing Affiliate or Higher Paid-As Title 50% and you are a Leading Affiliate receive a 1% bonus 4 Level 4 $20 Level 2 Managing Affiliate or Higher Paid-As Title 5% Level 3 Executive Affiliate or Higher Paid-As Title 1% Level 4 Leading Affiliate or Higher Paid-As Title 1% 8

9 6 LIVE TRANSFORM LIVE EVENT BONUS The VIM community doesn t just exist online. VIM members from around the globe meet at some of the most exotic destinations around the world for life changing VIM Events. We come together as a community to experience personal transformation, develop a powerful mindset and learn marketing success secrets so we may create the perfect VIM life. QUALIFICATIONS and you are a As a Managing Affiliate receive 50% bonus LIVE EVENT BONUS EXAMPLE EVENT TICKET $10,000 (example price) 1 Level 1 $5,000 BONUS The energy, motivation, and Once you have activated and you will receive a 5% bonus. inspiration that comes from our live events can be truly transformitive. Not only will you feel the satisfation of providing a way for someone to attend, but for every ticket sold, you will have the opportunity to earn a bonus. reached Managing Affiliate (or higher title) you are eligible to receive a bonus of 50% of the ticket price for every Live Event ticket you sell. When you are the sponsor of an Affiliate who sells a Live Event ticket and are paid-as a Managing Affiliate, When you work with your team members to sell Live Event tickets, you can earn bonuses on their ticket sales through 4 levels. No other bonuses will be paid on the Live Event ticket sales. and you are a Managing Affiliate receive 5% bonus 2 Level 2 $500 *Activation is required to earn commissions. See glossary page for Activated definition. LEVELS QUALIFICATIONS BONUS and you are an Executive Affiliate receive a 1% bonus 3 Level 3 $100 Level 1 Managing Affiliate or Higher Paid-As Title 50% Level 2 Managing Affiliate or Higher Paid-As Title 5% Level 3 Executive Affiliate or Higher Paid-As Title 1% Level 4 Leading Affiliate or Higher Paid-As Title 1% and you are a Leading Affiliate receive a 1% bonus 4 Level 4 $100 9

10 QUALIFICATIONS You have a lively and energetic spirit. You have the will and capacity to change, grow and thrive! Others around you will take notice as you grow both personally and professionally! Sharing the Affiliate opportunity doesn t disrupt your life, but enhances it. You have the power to choose when, where and how you will grow your personal business. Your pay isn t determined by your past, but by what you strive to acheive today. ACTIVE MANAGING EXECUTIVE LEADING MARKETING EXECUTIVE MARKETING VICE PRESIDENTIAL PRESIDENTIAL CHAIRMAN S MA EA MD Submit a signed Affiliate application Personally Active (50+ PV) 1 Active Leg Personally Active (50+ PV) 2 Active Legs 4 Active 3 Active Legs 5 Active 3 Active Legs 6 Active 3 Active Legs 6 Active 3 EA Legs 6 Active 3 MD Legs 6 Active 3 EMD Legs 6 Active 3 VPD Legs 500 4LV (250 4LV max per Leg) 1,000 4LV (500 4LV max per Leg) 2,000 4LV (1,000 4LV max per Leg) 2,000 4LV (1,000 4LV max per Leg)) 2,000 4LV (1,000 4LV max per Leg) 2,000 4LV (1,000 4LV max per Leg) 2,000 4LV (1,000 4LV max per Leg) 5,000 DV 15,000 DV 50,000 DV 150,000 DV Leg 4 Level Volume (4LV) A Leg starts with a Level 1 Affiliate and includes all of the Affiliates below them, infinitely deep. You have as many Legs as you have Level 1 Affiliates. MA MD The volume from you and your entire downline though four levels, regardless of titles. MA MD 10

11 GLOSSARY Activated: You are considered activated and eligible to receive commissions on a specific product when you have generated one personal retail activation sale of that specific product to a customer who is not a VIM affiliate or you have purchased that specific product for your own personal use. Active: You are considered Active when you have at least 50 Personal Volume (PV) or have an active paid subscription in the month. Active Leg: A Leg where at least one Affiliate is Active, anywhere in the Leg. Active Subscription: An active subscription is a personally enrolled customer or affiliate with an active (current) subscription. Career Title: The highest title you have achieved. This title only changes upon promotion. Commissionable Volume (CV): Is the basis on which commissions are calculated and paid on and is equal to the price paid for the subscription. No CV is assigned to business materials, tax, or the discounted amount of subscriptions. Customer: Any person who purchases VIM products or offerings but has not signed up as an Affiliate. Downline: All of the people sponsored into your geneology are considered to be part of your downline. Downline Volume (DV): The Personal Volume from you and all of your downline, regardless of their title. Generation: A Generation begins with a Marketing Director (Paid-As Title) anywhere below you and includes everyone below them, down to but not including the next Marketing Director. Group (Personal Group): Your Group includes yourself and your entire downline down to, but not including, the next Marketing Manager (Paid-As Title) or higher. 4 Level Volume (4LV): The Qualifying Volume from you and your entire downline through four levels, regardless of titles. Level: The location of an Affiliate in your downline in relation to you, regardless of their title. When you personally sponsor an Affiliate, they are your 1st Level. Affiliates below them are the 2nd Level, and so on. Leg: A Leg starts with a Level 1 Affiliate and includes all of the Affiliates below them, infinitely deep. You have as many Legs as you have Level 1 Affiliates. Paid-As Title: The title for which an Affiliate meets the montly qualifications. The Paid-As Title may be the same or lower than the Career Title and may fluctuate from month to month. PayLine Sponsor: Every Affiliate and Customer will be assigned a PayLine Sponsor at the time that they sign up for a subscription. The PayLine Sponsor is either their Personal Sponsor or another individual in the upline, depending on the chronological order in which the Affiliate or Customer signed up for their subscription. The PayLine Sponsor is the individual that may receive the VimBoost Bonus based on the rules of that payout. Personal Sponsor: The Affiliate directly above you in the genealogy is your Personal Sponsor. Personal Volume (PV): Is the total Qualifying Volume from your personal sales and the sales from your personally enrolled customers. Promotion: An Affiliate promotes to a new Career Title when they meet all of the requisite qualifications in the month. Qualified Leg: To have a qualified Leg, at least one Affiliate in your Leg must be qualified to be paid as a specific title (or above) in the month. For example, to be an Executive Marketing Director, you need three Legs that have at least one Affiliate that is paid-as an Executive Affiliate or higher. Qualified Legs depend on the monthly Paid-As Title. Qualifying Volume (QV): Paid subscriptions and product purchases are assigned a QV which is equal to their rounded retail value. QV is used for Personal Volume (PV), Group Volume (4LV), and Downline Volume (DV) calculations in order to determine if you are qualified based on the terms of your title. 11

12 INSPIRE EDUCATE TRANSFORM