Pay Plan Knowledge Flashcards

1
Q

Enrolment bonus

A

A bonus that an IBO gets, as well as 5 others below them, when they enrol a new IBO

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2
Q

Rank advancement rewards

A

Program that rewards IBO’s as they increase in rank, as well as additional rewards when increasing rank in specific timeframes

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3
Q

RAR Matching bonus

A

When you reach 7.5k+, you start earning a matching bonus on rank advancement rewards from those on your team that achieve ranks 1k - 50k

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4
Q

3 and free

A

3 new enrolled customers = one free product

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5
Q

Matching pay bonuses

A

Once reached 25k, you can earn additional matching bonuses on your first three levels

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6
Q

Bonus pools

A

When in the President or Chairman clubs, you can start earning shares of our three generous bonus pools after rank advancements

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7
Q

StarterPack

A

1 choice of product + 1 wellness and 1 skincare brochure for $55 (valued at $100)

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8
Q

FastStart Mini pack

A

3 products and 3 skincare and wellness brochures for $219 (valued at $300)

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9
Q

FastStart pack

A

6 products, 6 skincare and wellness brochures and a free Cerule bag for $419 (valued at $450)

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10
Q

When enrolling a new IBO on any FastStart pack -

A

Your new IBO will be offered a one time bonus offer to buy additional items at a never to be repeated discounted price. You will earn unlimited additional enroller bonus and additional matching bonuses up to 5 levels on all products

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11
Q

No. of calendar months required for 1k and 3k target FAST TRACK reward

A

1 month

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12
Q

No. of calendar months required for 7.5k and 15k FAST TRACK rewards

A

2 months

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13
Q

No. of calendar months required for 25k rank FAST TRACK reward

A

3 months

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14
Q

No. of calendar months required for 50k rank FAST TRACK reward

A

4 months

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15
Q

Unilevel bonus

A

Paid monthly to IBO through 7 levels. Each rank you go up, you unlock a level (person) to earn a percentage of their earnings and their teams earnings

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16
Q

Retail customer

A

Someone purchasing at retail price

17
Q

Preferred customer

A

Someone with an autoship

18
Q

Enroller Tree

A

Organisational structure that tracks who brought whom into the company. It has unlimited depth and width. All customer types are allowed in this tree

19
Q

UniLevel Tree

A

Organisational structure that tracks the position of people in your organisation. Only IBO’s appear in this tree

20
Q

Qualifying for monthly commissions

A

Must be in ‘active’ status and have the specified PV / PAV for each rank

21
Q

QV =

A

Qualification volume (volume a specific product carries for qualification purposes)

22
Q

CV =

A

Commissionable volume (volume a specific product will contribute toward commission calculations)

23
Q

GQV =

A

Group qualification volume (total QV from purchases within the commission period in an IBO’s downline to infinite depth. Including IBOs own personal purchases)

24
Q

CGQV =

A

Capped group qualification volume (Total GQV capped at a particular value per leg, including PV)

25
Q

PV =

A

Personal volume (QV from personal orders up to a maximum of 1000QV, as well as orders of personally enrolled retail customers)

26
Q

PAV =

A

Personal autoship volume (QV from personal recurring orders only. Preferred Customer orders are included in the value)

27
Q

Full dynamic compression

A

When an IBO in your downline is not active. The disregard for their commissions allows you to earn deeper