Understanding Compensation. Michael Stern Triple Diamond Paul Taira Triple Diamond

Transcription

1 Understanding Compensation Michael Stern Triple Diamond Paul Taira Triple Diamond

2 1) Retail Profits ASEA Compensation Plan Hybrid: Unilevel and Binary Fast Profits Residual Income Wealth Building 4) Director s Bonus 3) Fast Start Bonus 2) Preferred Customer Bonus 7) Leadership Pool 6) 7 Generation Check Match 5) Team Commissions Paid Weekly Each week closes Friday 11:59 PM ET and gets paid the following Thursday

3 Fast Profits Retail Profits 1 Case Retail $ Case Wholesale $ Profit $30.00

4 Fast Profits Preferred Customer Bonus Preferred customers are on Monthly AutoShip and purchase at wholesale You Make $25.00 per case + 50 PV

5 FAST START BONUSES

6 Fast Start Bonus Designed to compensate you for your immediate efforts (NOW money!) Paid 2 levels deep Coded bonuses for Dir300, Dir700, and Bronze Executives

7 Fast Profits-Fast Start Bonus On Enrollment Packs Only Fast Start Bonus 8 cases $770 4 cases $370 2 cases $240 1 case $120 Enroller $ $60.00 $30.00 $ st Upline from enroller 1 st Qualified Director st Qualified Director st Qualified Bronze $60.00 $30.00 $15.00 $7.50 $50.00 $25.00 $12.50 $6.25 $50.00 $25.00 $12.50 $6.25 $20.00 $10.00 $5.00 $2.50

8 4 Case Pkg Example 1 Bronze $10 $25 Dir700 $25 Dir300 $30 Associate (Her enroller) $60 Associate 4 Cs. Pkg

9 4 Case Pkg Example 2 Bronze Dir700 Dir300 $30 + $25 + $25 + $10 = $90! Bronze $60 Associate 4 Cs. Pkg

10 GO FOR THE GOLD!

11 Volume Defined (Enrollment Packages) Item Express Builders Pack Retail Price Personal Volume (PV) $ Builders Pack $ Basic Plus $ Basic $160 25

12 Volume Defined (Product Purchases) Item 1 Case (Wholesale) 1 Case (Preferred) Price Personal Volume (PV) $ $ (Plus $25 PCB) ½ Case $65 50

13 PV Required to be Active Rank Director Director 700 Bronze Executive and Higher PV Requirement

14 Building an Organization Basics Associate Ranks Associate Director Director 300 Director 700 Executive Ranks Bronze Silver Gold Platinum Diamond Double Diamond Triple Diamond

15 Preferred Customer vs Associate Historically in MLM Wholesale or Retail? Underlying strategy is put Everyone in the MLM Can create subtle expectations Preferred Customer Allows people who want to, to just use the product Don t need to engage in business conversation Good for them, good for you

16 Preferred Customer vs Associate Earnings on an associate on 1 case autoship 1 case = 100 BV 100 X 10% = $10 Earnings on a Preferred Customer on 1 case autoship PC commission = $25 1 case = 50 BV 50 x 10% = $5 Total = $30

17 Retention Once you have 5 Preferred Customers who get 1 case, your autoship is covered! 5 x $25 = $125 Also 5 x 50 BV = 250BV 10% x 250BV = $25 Total $125 + $25 = $150

18 DIRECTOR (DIR) Be Active, and personally enroll one Active Associate on your left, and one on your right

19 Personal Enrollments Dir Both Active

20 Director s Bonus You Make - $50 Dir Dir 14 days 14 days Your new Director Makes - $50 And You Make - $50

21 Building your Organization Binary - Team Commissions Left Team Right Team 1000 GV 2000 GV 0 GV 1000 GV 10% $100.00

22 DIRECTOR 300 (DIR300) A Director with 300 GV in Pay Team

23 Generate 300GV In Pay Team 300 Dir300

24 DIRECTOR 700 (DIR700) A Director with 700 GV in Pay Team

25 Generate 700GV In Pay Team 700 Dir700

26 BRONZE EXECUTIVE (BRONZE) A Director with 2,000GV in Pay Team 1 Dir300 down 2 separate Legs

27 Generate 2,000GV In Pay Team 2,000 Bronze

28 Leg Legs Defined

29 Dir300 1 Dir300 Down 2 Different Legs

30 1 Dir300 Down 2 Different Legs Dir300 Dir300

31 SILVER EXECUTIVE (SILVER) A Director with 3,000GV in Pay Team 1 Dir300 down 3 separate Legs

32 Silver GV Requirement (based on Team structure) 3,000 Silver

33 Dir300 Dir300 Dir300 Silver Executive

34 GOLD EXECUTIVE (GOLD) A Director with 5,000GV in Pay Team 1 Dir300 down 4 separate Legs

35 Gold GV Requirement (based on Team structure) 5,000 Gold

36 Gold Executive Dir300 Dir300 Dir300 Dir300

37 TEAM (BINARY) AND MATCHING (UNILEVEL) COMMISSIONS

38 Team Cindy Matching Cindy Helen Dave Helen Dave Bill Mary Joanne Jane Mark Bill Mary Fred Betty Fred Joanne Jane Mark Betty

39 Wealth Building 7 Generations of Generational Check Match YOU Silver Executive Director 700 Director Director st Generation Bronze Executive Director 300 Director 700 Director nd Generation

40 Wealth Building Generational Check Match and Leadership Pool 50% of all Volume goes into a Bucket Team Commissions 2% Leadership Pool Check Match The Check Match is calculated each week and all generations are paid the same amount Guaranteed Payout of 50% of all Volume

41 SIMPLE SUCCESS GOAL

42 Example Parameters Personally enroll one Associate and one Preferred Customer within your first week Do the exact same thing, and help your first person do the same the second week The remaining two weeks of the month, you help everyone do the same (You do not enroll new Associates or Customers)

43 First Goal: Director Be active by having 100 PV within past month (e.g. One case AutoShip) Personally enroll one active Associate on the left side of your binary tree Personally enroll one active Associate on the right side of your binary tree Complete within 14 days to receive $50 Director bonus

44 Week 1 Preferred Customer $25 Associate $60 $60 + $25 = $85

45 Going Director: Week 2 + $5 (Binary) $25 + $5 (Binary) $60 + $10 (Binary) $30 $30 + $25 + $5 + $5 + $60 + $10 = $135 PLUS $50 Director Bonus = $185

46 Next Goal: Director 300 Meet Director requirements Have 300 GV on Pay Team

47 Week 3 + $5 (Binary) $30 $30 + $10 (Binary) $30 + $30 + $10 + $5 = $75 PLUS $50 Director Bonus for LEFT personal = $125

48 Director 300: Week 4

49 Director 300: Week 4 $25 Director 300 Bonus x 5 = $125

50 Director 300: Week 4 $125 + $30 (Enroller) + $30 (Team) + $50 (Director Bonus) = $235

51 Total First Month s Earnings $85 (Mo. 1) +$185 (Mo. 2) + $125 (Mo. 3) + $235 (Mo. 4) = $630

52 Second Month s Earnings $2, Distribution of Commissions Personal Customer Enrollment x $60 1st Upline Enroller Director Team Dir 300 Dir 700 Matching Bronze

53 Third Month s Earnings By the third week in the month, commissions exceed $5,000.00

54 = True character is the ability to stay focused on your goals long after the mood in which they were created has passed. -Boyd Matheson

55 Thank You Enjoy the rest of the conference!

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