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Published byRhoda Harrell Modified over 9 years ago
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MyMode™ Marketing Plan Version 2.2, 28/12/2004 (Effective 1/1/2005)
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Sign-Up Fee / Mobileprenuer Fee Sign-up Fee – Sign-up fee for MyMode services is RM75. – Agent is credited with 34PP (Prepaid Point) in their Prepaid Account. – Sign-up package is bundled with FREE Asia Loyalty membership. Mobileprenuer Fee – Agents can upgrade themselves to become mobileprenuer for RM30. – To upgrade, they must have at least 6 direct agents. – NO minimum prepaid point is required in your prepaid account.
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Ranking RankNo. Of Direct Agents Mobile Agent (MA)0 Mobile Exec (ME)2 Mobile Manager (MM)4 Chief Mobile (CM)8
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CM Club Ranking RankNo. Of CM Legs Junior CM1 Senior CM2 Super CM4 Star CM8 2-Star CM12 3-Star CM16 4-Star CM20 5-Star CM24
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Types Of Incentives Point Value (PV) – When an agent buys a card, its PV will be rebated to the agent and his referrers. – Regulated by MyMode based on market rate. Types of card sales incentives : – Personal Incentive & Overriding = 70% × PV – Leadership Sales Incentive = 10% × PV – CM Club Incentives = 20% × PV Types of sign-up incentives : – Level Incentive – Leadership Sign-Up Incentive Types of Mobileprenuer (MP) incentives : – Direct group sign-up incentive = 5PP – Indirect group sign-up incentive = 1% × Sign-up fee – Card sales incentive = 1% × Card Value
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Personal Incentive & Overriding Personal Incentive Overriding – Balance from Personal Incentive will be passed up to referrers of appropriate rankings. RankMAMEMMCM PV50%60%65%70% RankPV CM, MM, ME10% CM, MM5% CM5%
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CM Club Incentives CM Club Incentives = 20% × PV Each CM Club agent is entitled to 1 share ONLY. CM Club RankPV Star CM, Super CM, Senior CM, Junior CM5% Star CM, Super CM, Senior CM5% Star CM, Super CM5% Star CM5%
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Level Incentive Qualification Level Incentive 10.CM1PP 9.CM1PP 8.CM1PP 7.CM1PP 6.MA1PP 5.MA1PP 4.MA1PP 3.MA1PP 2.MA1PP 1.MA5PP New Sign-Up
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Mobileprenuer (MP) Incentives 5PP for every new agent. 0.5% × Card Value + 0.5% × Signup Fee (=0.275PP) – If MP1 is a Super MP, who has 8 direct MP. MP 1 MP
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Types Of Leadership Incentives 1. Sales Pool = 10% x PV 2. Sign-Up Pool = 10PP per sign-up Available for 2-Star CM onwards. Example of qualification: – 2-Star CM is only qualified for only 2-Star pool. – 3-Star CM is qualified for both 2-Star pool and 3-Star pool. – 4-Star CM is qualified for 2-Star pool, 3-Star pool, and 4-Star pool. – 5-Star CM is qualified for pools for all 4 ranks. Monthly calculation. Based on the rank achieved by a leader on the previous month.
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Your Points Example calculation of 2-Star Sales Pool A : (2,000k x 1P) + (1,500k x 0.5P) + (1,000k x 0.25P) = 3,000kP B : (1,500k x 1P) + (1,000k x 0.5P) + (500k x 0.25P) = 2,125kP C : (1,000k x 1P) + (500k x 0.5P) = 1,250kP D : (500k x 1P) = 500kP Total Points : 3000k + 2125k + 1250k + 500k = 6,875kP Total Sales : 2000k + 1500k + 1000k + 500k = 5,000kPP Total Payout (Assuming PV=5%) : (5,000,000 x 5%) x 4%(for 2-Star) = 10,000PP Payout Per k Point : 10,000 / 6,875 = 1.45PP A : 3,000 x 1.45 = 4,363.63PP B : 2,125 x 1.45 = 3,090.90PP C : 1,250 x 1.45 = 1,818.18PP D : 500 x 1.45 = 727.27PP Leadership Sales Pool 1,500k 2,000k 1,000k 500k A B C D 2* Pool3* Pool4* Pool5* Pool 4%3%2%1% Rank 2* Pool 3* Pool 4* Pool 5* Pool Gen. PGS1111 1st0.5 2nd0.25 Incentive Per Sales Points Per Sales PGS = Personal Group Sales Sales Pool Incentive = Incentive Per Sales x Monthly Sales PV Total Qualified Points x
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Leadership Sign-Up Pool No. Of CM Leg * CM 2* CM 3* CM 4* CM 5* CM 1-89-1213-1617-2021-24 24 above 2* Pool 0.250.51111 3* Pool 0.250.5 111 4* Pool 0.250.5 11 5* Pool 0.250.5 1 Points Per Sign-Up Sign-Up Pool Incentive = Incentive Per Sign-Up x No. Of Sign-Up Total Qualified Points 2-Star Pool 3-Star Pool 4-Star Pool 5-Star Pool 4PP3PP2PP1PP Incentive Per Sign-Up Your Points x
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