Download presentation
Presentation is loading. Please wait.
1
COMPENSATION PLAN
2
Colway International Compensation Plan
Basic terms Colway International Compensation Plan START- 26 kwietnia 2015!
3
Colway International Compensation Plan
Customer Person purchasing COLWAY INTERNATIONAL products at retail prices. Buys directly from you. at group product demonstrations. at one-to-one consultations long term customer getting a traditional person-to-person customer service Places orders in your shop via e-commerce platform. Registered Customer– who opens an account with COLWAY INTERNATIONAL. Unregistered Customer E-customers’ orders are included in Business Partner’s sales Colway International Compensation Plan Launch- 26 kwietnia 2015!
4
Colway International Compensation Plan
Partner Partner has a 40% discount from the catalogue price on all products and also earns commission Partners are all participants of Colway International network You earn 40% retail commission from selling the products. You own the e-commerce platform / ID, LOGIN, unique name/. Annual fee: £36* £7*– with the minimum purchase of 50 Volume Points * depends on currency exchange rate Colway International Compensation Plan START- 26 kwietnia 2015!
5
Colway International Compensation Plan
Virtual Office / VO/ Online shop with access protected by login and password. You own an online shop. You can manage all information about your customers and business – CRM. Number of customers. Number of business partners. Recruitment. Conversion. Activity. Inactivity. Average order value. You can create your own offers and marketing campaigns. Competitions. Promotions. Rewards. Recognition. Colway International Compensation Plan START- 26 kwietnia 2015!
6
Colway International Compensation Plan
Volume Point (VP) Conversion unit used to calculate the sales volume in order to work out the commission. All products have assigned: Retail prices Wholesale prices for Partners Volume Points Colway International Compensation Plan START- 26 kwietnia 2015!
7
Colway International Compensation Plan
Qualifying Point (QP) Conversion unit used to calculate the commission for Business Partners Conversion to currency is based on the C.I.’s internal exchange rate Qualifying Point’s value can vary Colway International Compensation Plan START- 26 kwietnia 2015!
8
Colway International Compensation Plan
Qualifying Week /QW/ Period of time qualifying for compensation on the basis of the Volume Points achieved. Lasts 7 days. Commences on Saturdays at 0:00. Terminates on Fridays at 11:59:59pm, Central European Time CET (UTC+1). Colway International Compensation Plan START- 26 kwietnia 2015!
9
Colway International Compensation Plan
ACTIVITY Minimum sales volume that a Partner must achieve to qualify for the commission and bonuses Partner is ACTIVE when they achieve a minimum of 50 VP in one qualifying week. Active status is maintained for a period of 4 consecutive weeks, commencing with the week in which 50 VP is achieved You need to be 50 VP-active in this week again. In this week 50 VP is achieved 1st week of activity 2nd week of activity 3rd week of activity 4th week of activity Colway International Compensation Plan
10
Drugi Plan Finansowy Colway
Annual fee A once-a-year fee for your business account and Partner benefits. The fee covers: Access to the e-commerce platform. Printed info pack – delivered to Partner’s postal address. After registration, PARTNER must pay the fee within 30 days. Fee is automatically added to shopping cart with the first order Failure to pay the fee will result in changing Partner’s status to “Customer”. CUSTOMER can upgrade to Partner at any time Fee must be paid within 30 days Drugi Plan Finansowy Colway START- 26 kwietnia 2015!
11
COMPENSATION BREAKDOWN
QUICK START Retail Commission “First order” Bonus Business Bonus Generation Bonus Override Commission Total earnings RESIDUAL INCOME Colway International Compensation Plan START- 26 kwietnia 2015!
12
Colway International Compensation Plan
QUICK START BONUS YOU Retail commission Difference between a Partner’s price and a Customer’s price FOB BB Retail Commission “First order” bonus (FOB) 10% of VP value from the first order your recruited Partner places You must be Active FOB FOB Business Bonus (BB) 20 QP – when your Recruit achieves a Partner status You must be Active Colway International Compensation Plan START- 26 kwietnia 2015!
13
Residual Income Generation Bonus RANKS
RANK – the level achieved on the career path “paid as” RANK – attained as a results of meeting certain requirements All commission is based on “paid as” Ranks. Highest Rank – the highest rank ever achieved regardless of a current “paid as” Rank For classification purposes. May entitle to certain benefits. Colway International Compensation Plan START- 26 kwietnia 2015!
14
GENERATION BONUS AND RANKS
Volume Points requirement – total of your own and your downline volume points from the last three qualifying weeks and the current qualifying week Team building requirement – minimum number of directly or indirectly sponsored recruits at the rank of Partner or above within the downline BP Generation – all Partners down to the next qualified Business Partner. Volume Points in the Generation of a Business Partner is the total of Customer and Partner Volume Points down to, but not including, the next qualified Business Partner Colway International Compensation Plan START- 26 kwietnia 2015!
15
Active PARTNER -> Business PARTNER
To qualify as Business Partner you must meet two requirements : Be active Have two personally sponsored active Partners within the downline Colway International Compensation Plan START- 26 kwietnia 2015!
16
GENERATION BONUS Colway International Compensation Plan
Generation Bonus (GB) is paid on the Volume Points of each Generation. A Generation is a qualified Business Partner or higher plus all Partners in the downline down to, but not including, the next Business Partner or above GENERATION CAN GROW IN BOTH WIDTH AND IN DEPTH. Colway International Compensation Plan START- 26 kwietnia 2015!
17
GENERATION BONUS AND RANKS
BP MG L VD D VP Pt IPt VOLUME POINTS - 1000 VP 3000 VP 8000 VP 15000 VP 30000 VP 80000 VP VP GENERATION 2 x AP 3 x BP 3 x MG 2 x L 2 x D 2 x SD 2 x VP 1 3% 5% 6% 2 4% 3 4 5 6 7 8 9 Colway International Compensation Plan START- 26 kwietnia 2015!
18
At least 2 Active Partners within the downline
BUSINESS PARTNER YOU EARN RESIDUAL INCOME ON THE BASIS OF YOUR TEAM VOLUME POINTS . At least 2 Active Partners within the downline GENERATION BONUS 3% OVERRIDE – 5 % 40% DISCOUNT VIRTUAL OFFICE ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 AVERAGE EARNINGS PER MONTH: 100 EURO Colway International Compensation Plan START- 26 kwietnia 2015!
19
At least 2 Active Business Partners within the downline
MANAGER VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = 1000 VP I II III IV - CURRENT At least 2 Active Business Partners within the downline GENERATION BONUS 5% 4% 3% 40% DISCOUNT VIRTUAL OFFICE ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 address AVERAGE EARNINGS PER MONTH: 250 EURO OVERRIDE – 5 % Colway International Compensation Plan START- 26 kwietnia 2015!
20
AT LEAST THREE ACTIVE Business Partners within the downline
LEADER VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = 3000 VP I II III IV - CURRENT AT LEAST THREE ACTIVE Business Partners within the downline GENERATION BONUS 5% 4% 3% 40% DISCOUNT VIRTUAL OFFICE AND ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 address: COLWAY TRAINING PROGRAMME – LEVEL 2 AVERAGE EARNINGS PER MONTH: 700 EURO OVERRIDE – 5 % Colway International Compensation Plan START- 26 kwietnia 2015!
21
AT LEAST THREE ACTIVE MANAGERS within the downline
VICE DIRECTOR VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = 8000 VP I II III IV - CURRENT AT LEAST THREE ACTIVE MANAGERS within the downline GENERATION BONUS 5% 4% 3% 40% DISCOUNT VIRTUAL OFFICE AND AN ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 address: COLWAY TRAINING PROGRAMME – LEVEL 2 ADDITIONAL BONUSES AND BENEFITS AVERAGE EARNINGS PER MONTH: 1300 EURO OVERRIDE – 5 % Colway International Compensation Plan START- 26 kwietnia 2015!
22
AT LEAST TWO ACTIVE LEADERS within the downline
DIRECTOR VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = VP I II III IV - CURRENT AT LEAST TWO ACTIVE LEADERS within the downline GENERATION BONUS 5% 4% 3% 40% DISCOUNT VIRTUAL OFFICE AND ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 address: COLWAY TRAINING PROGRAMME – LEVEL 2 ADDITIONAL BONUSES AND BENEFITS BUSINESS CONFERENCES COLWAY TRAINING PROGRAMME – LEVEL 3 AVERAGE EARNINGS PER MONTH: 2500 EURO OVERRIDE – 5 % Colway International Compensation Plan START- 26 kwietnia 2015!
23
AT LEAST 2 ACTIVE VICE DIRECTORS within the downline
VICE PRESIDENT VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = VP I II III IV - CURRENT AT LEAST 2 ACTIVE VICE DIRECTORS within the downline GENERATION BONUS 6% 5% 3% 40% DISCOUNT VIRTUAL OFFICE AND ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 address: COLWAY TRAINING PROGRAMME – LEVEL 2 ADDITIONAL BONUSES AND BENEFITS BUSINESS CONFERENCES COLWAY TRAINING PROGRAMME – LEVEL 3 CAR PROGRAMME PENSION PROGRAMME AVERAGE EARNINGS PER MONTH: 7000 EURO OVERRIDE – 5 % Colway International Compensation Plan START- 26 kwietnia 2015!
24
AT LEAST 2 ACTIVE DIRECTORS
PRESIDENT VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = VP I II III IV - CURRENT AT LEAST 2 ACTIVE DIRECTORS Within the downline GENERATION BONUS 6% 5% 3% 40% discount VIRTUAL OFFICE AND ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 address : COLWAY TRAINING PROGRAMME – LEVEL 2 ADDITIONAL BONUSES AND BENEFITS BUSINESS CONFERENCES COLWAY TRAINING PROGRAMME – LEVEL 3 CAR PROGRAMME PERNSION PROGRAMME COLWAY INTERNATIONAL SA SHAREHOLDER PROGRAMME AVERAGE EARNINGS PER MONTH: EURO OVERRIDE – 5 % Colway International Compensation Plan START- 26 kwietnia 2015!
25
INTERNATIONAL PRESIDENT
VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = VP I II III IV - CURRENT AT least 2 Active VICE PRESIDENTS within the downline GENERATION BONUS 6% 5% 3% 40% DISCOUNT VIRTUAL OFFICE AND ONLINE SHOP PASSIVE INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 address: COLWAY TRAINING PROGRAMME – LEVEL 2 ADDITIONAL BONUSES AND BENEFITS BUSINESS CONFERENCES COLWAY TRAINING PROGRAMME – LEVEL 3 CAR PROGRAMME PENSION PROGRAMME COLWAY INTERNATIONAL SA SHAREHOLDER PROGRAMME SEAT IN COLWAY INTERNATIONAL’s BOARD OF DIRECTORS AVERAGE EARNING PER MONTH: EURO OVERRIDE – 5 % Colway International Compensation Plan START- 26 kwietnia 2015!
26
Colway International Compensation Plan
HYBRID SYSTEM Concurrent system. Making different components work together. Each component functions individually . Alternative systems. Colway International Compensation Plan START- 26 kwietnia 2015!
27
HYBRID COMPENSATION PLAN
GENEALOGY OVERRIDE COMMISSION TREE GENERATION BONUS – 3-6% OVERRIDE – 5% Colway International Compensation Plan START- 26 kwietnia 2015!
28
Up to a double balance of the lesser leg paid
OVERRIDE COMMISSION LEFT LEG RIGHT LEG Excess to carry over to the next month Lesser leg balance Up to a double balance of the lesser leg paid from the greater leg 5% override commission paid Colway International Compensation Plan START- 26 kwietnia 2015!
29
Colway International Compensation Plan
OVERRIDE COMMISSION Calculated on the Volume Points on all your Customers and Partners in your OVERRIDE COMMISSION TREE. 5% of all Volume Points is paid You get paid both on your lesser and greater leg. Minimum 200 VP must be achieved in your lesser leg to qualify If less then 200 VP is achieved, the balance in carried over to the next qualifying week You must be ACTIVE. Colway International Compensation Plan START- 26 kwietnia 2015!
30
Colway International Compensation Plan
OVERRIDE COMMISSION You earn 5% of the balanced volume of the lesser leg and up to a double balanced volume of the lesser leg from the greater leg Exceeding Volume Points from the greater leg is carried over to the next Qualifying Week Colway International Compensation Plan START- 26 kwietnia 2015!
31
Colway International Compensation Plan
Override Bonus Tree Override Bonus Tree is built with two placement legs As a new Partner you have two positions to fill in : Left Right You build two teams : Colway International Compensation Plan START- 26 kwietnia 2015!
32
Tree growth Waiting Room
Each registered Recruit goes to the Waiting Room. You choose the position in the Tree and place the Recruit manually. In order to do this, click in the empty space in the Tree and you will see the list of people in the waiting room Clicking the person’s name means placing them in the Tree. . You must do this within 7 days of the person being registered! Colway International Compensation Plan START- 26 kwietnia 2015!
33
OVERRIDE COMMISSION AUTOMATIC TREE GROWTH
If you do not manually place a Recruit in a chosen position in the Tree, the system with do it automatically, according to your set up preferences: LEFT – bottom left position RIGHT- bottom right position LESSER LEG – bottom left or right depending where there are fewer people. It is a default option which you can change any time. Colway International Compensation Plan START- 26 kwietnia 2015!
34
Colway International Compensation Plan
HIGHLIGHTS… Steady and achievable residual income. Standardised training system on each level . Diversified and dynamic compensation plan. Better cash flow – weekly payouts. Instant rank advancement and paid straight away. Standardised Car programme. International conferences – standardised qualification programme. Colway International Compensation Plan START- 26 kwietnia 2015!
35
Colway International Compensation Plan
Statutory warning: It is illegal for a promoter or a participant in a trading scheme to persuade anyone to make a payment by promising benefits from getting others to join a scheme. Do not be mislead by claims that high earnings are easily achievable. Colway International Compensation Plan START- 26 kwietnia 2015!
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.