COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

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COMPENSATION PLAN

Transcript of COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

Page 1: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

COMPENSATION PLAN

Page 2: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

Colway International Compensation Plan START- 26 kwietnia 2015!

Basic terms

Page 3: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

Colway International Compensation Plan

Customer

• 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

Person purchasing COLWAY INTERNATIONAL products at retail prices.

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Page 4: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

Colway International Compensation Plan

Partner

• 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

Partner has a 40% discount from the catalogue price on all products and also earns commission

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Colway International Compensation Plan

Virtual Office / VO/

• 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.

Online shop with access protected by login and password.

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Page 6: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

Colway International Compensation Plan

Volume Point (VP)

All products have assigned:

• Retail prices• Wholesale prices for Partners• Volume Points

Conversion unit used to calculate the sales volume in order to work out the commission.

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Colway International Compensation Plan

Qualifying Point (QP)

• Conversion to currency is based on the C.I.’s internal exchange rate• Qualifying Point’s value can vary

Conversion unit used to calculate the commission for Business Partners

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Colway International Compensation Plan

Qualifying Week /QW/

• Lasts 7 days.• Commences on Saturdays at 0:00.• Terminates on Fridays at 11:59:59pm, Central European Time CET

(UTC+1).

Period of time qualifying for compensation on the basis of the Volume Points achieved.

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Colway International Compensation Plan

• 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

ACTIVITY

1st week of activity

2nd week of activity

3rd week of activity

4th week of activity

You need to be 50 VP-active inthis week again.In this week 50 VP is achieved

Minimum sales volume that a Partner must achieve to qualify for the commission and bonuses

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Drugi Plan Finansowy Colway

Annual fee

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

A once-a-year fee for your business account and Partner benefits.

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Colway International Compensation Plan

COMPENSATION BREAKDOWN

1. Retail Commission 2. “First order” Bonus 3. Business Bonus4. Generation Bonus5. Override Commission

Total earnings

QU

ICK

STAR

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SID

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IN

COM

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Colway International Compensation Plan

QUICK START BONUS

Retail commissionDifference between a Partner’s price and a Customer’s price

“First order” bonus (FOB) 10% of VP value from the first order your recruited Partner places

You must be Active

Business Bonus (BB) 20 QP – when your Recruit achieves a Partner status

You must be Active

BBFOB Retail Commission

FOBFOB

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YOU

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Colway International Compensation Plan

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.

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Page 14: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

Colway International Compensation Plan

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

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Colway International Compensation Plan

To qualify as Business Partner you must meet two requirements :1. Be active

2. Have two personally sponsored active Partners within the downline

Active PARTNER -> Business PARTNER

Active PARTNER Active PARTNER

Business Partner

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GENERATION BONUSGeneration 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.

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Page 17: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

Colway International Compensation Plan

RANK BP MG L VD D VP Pt IPt

VOLUME POINTS

- 1000 VP 3000 VP 8000 VP 15000 VP 30000 VP 80000 VP 150000 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% 5% 5% 5% 6% 6% 6%

2 3% 4% 4% 4% 4% 5% 5% 5%

3 3% 3% 3% 3% 3% 3% 4%

4 3% 3% 3% 3% 3% 4%

5 3% 3% 3% 3% 3%

6 3% 3% 3% 3%

7 3% 3% 3%

8 3% 3%

9 3%

GENERATION BONUS AND RANKS

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Colway International Compensation Plan START- 26 kwietnia 2015!

BUSINESS PARTNER

GENERATION BONUS

1. 3%

2. 3%

OVERRIDE – 5 %

YOU EARN RESIDUAL INCOME ON THE BASIS OF YOUR TEAM VOLUME POINTS .

At least 2 Active Partners within the downline

40% DISCOUNT VIRTUAL OFFICE ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 AVERAGE EARNINGS PER MONTH: 100 EURO

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Colway International Compensation Plan START- 26 kwietnia 2015!

MANAGER

GENERATION BONUS

1. 5%

2. 4%

3. 3%

At least 2 Active Business Partners

within the downline

40% DISCOUNT VIRTUAL OFFICE ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 e-mail address

…@manager-colwayinternational.com AVERAGE EARNINGS PER MONTH: 250 EURO

VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = 1000 VPIIIIIIIV - CURRENT

OVERRIDE – 5 %

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Colway International Compensation Plan START- 26 kwietnia 2015!

LEADER

GENERATION BONUS

1. 5%

2. 4%

3. 3%

4. 3%

AT LEAST THREE ACTIVE Business Partners

within the downline

40% DISCOUNT VIRTUAL OFFICE AND ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 e-mail address:

…@manager-colwayinternational.com COLWAY TRAINING PROGRAMME – LEVEL 2 AVERAGE EARNINGS PER MONTH: 700 EURO

OVERRIDE – 5 %

VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = 3000 VPIIIIIIIV - CURRENT

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Colway International Compensation Plan START- 26 kwietnia 2015!

VICE DIRECTOR

GENERATION BONUS

1. 5%

2. 4%

3. 3%

4. 3%

5. 3%

AT LEAST THREE ACTIVE MANAGERS

within the downline

40% DISCOUNT VIRTUAL OFFICE AND AN ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 e-mail address:

…@manager-colwayinternational.com COLWAY TRAINING PROGRAMME – LEVEL 2 ADDITIONAL BONUSES AND BENEFITS AVERAGE EARNINGS PER MONTH: 1300 EURO

OVERRIDE – 5 %

VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = 8000 VPIIIIIIIV - CURRENT

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Colway International Compensation Plan START- 26 kwietnia 2015!

DIRECTOR

GENERATION BONUS

1. 5%

2. 4%

3. 3%

4. 3%

5. 3%

6. 3%

AT LEAST TWO ACTIVE LEADERS

within the downline

40% DISCOUNT VIRTUAL OFFICE AND ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 e-mail address: …@manager-colwayinternational.com COLWAY TRAINING PROGRAMME – LEVEL 2 ADDITIONAL BONUSES AND BENEFITS BUSINESS CONFERENCES COLWAY TRAINING PROGRAMME – LEVEL 3 AVERAGE EARNINGS PER MONTH: 2500 EURO OVERRIDE – 5 %

VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = 15000 VPIIIIIIIV - CURRENT

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Colway International Compensation Plan START- 26 kwietnia 2015!

VICE PRESIDENT

GENERATION BONUS

1. 6%

2. 5%

3. 3%

4. 3%

5. 3%

6. 3%

7. 3%

AT LEAST 2 ACTIVE VICE DIRECTORS

within the downline

40% DISCOUNT VIRTUAL OFFICE AND ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 e-mail address: …@manager-colwayinternational.com 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 %

VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = 30000 VPIIIIIIIV - CURRENT

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Colway International Compensation Plan START- 26 kwietnia 2015!

PRESIDENT

GENERATION BONUS

1. 6%

2. 5%

3. 3%

4. 3%

5. 3%

6. 3%

7. 3%

8. 3%

AT LEAST 2 ACTIVE DIRECTORS

Within the downline

40% discount VIRTUAL OFFICE AND ONLINE SHOP RESIDUAL INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 e-mail address : …@manager-colwayinternational.com 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: 15000 EURO OVERRIDE – 5 %

VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = 80000 VPIIIIIIIV - CURRENT

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Colway International Compensation Plan START- 26 kwietnia 2015!

INTERNATIONAL PRESIDENT

GENERATION BONUS

1. 6%

2. 5%

3. 3%

4. 3%

5. 3%

6. 3%

7. 3%

8. 3%

9. 3%

AT least 2 Active VICE PRESIDENTS

within the downline

40% DISCOUNT VIRTUAL OFFICE AND ONLINE SHOP PASSIVE INCOME COLWAY TRAINING PROGRAMME – LEVEL 1 e-mail address: …@manager-colwayinternational.com 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: 30 000 EURO OVERRIDE – 5 %

VOLUME POINTS OVER 4 ROLLING QUALIFYING WEEKS = 150000 VPIIIIIIIV - CURRENT

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Colway International Compensation Plan

HYBRID SYSTEM

• Concurrent system.• Making different components work together.• Each component functions individually .• Alternative systems.

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Page 27: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

Colway International Compensation Plan

HYBRID COMPENSATION PLAN

GENEALOGY OVERRIDE COMMISSION TREE

OVERRIDE – 5%GENERATION BONUS – 3-6%

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Page 28: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

Colway International Compensation Plan

OVERRIDE COMMISSION

LEFT LEG RIGHT LEG

5% override commission paid

Lesser leg balance

Excess to carry over to the next month

Up to a double balance of the lesser leg paidfrom the greater leg

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Page 29: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

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.

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Page 30: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

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

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Page 31: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

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 :• Left• Right

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Page 32: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

Colway International Compensation Plan

Tree growthWaiting 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!

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Page 33: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

Colway International Compensation Plan

OVERRIDE COMMISSIONAUTOMATIC 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.

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Page 34: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

Colway International Compensation Plan

COLWAY INTERNATIONAL

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.

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Page 35: COMPENSATION PLAN. Colway International Compensation Plan START- 26 kwietnia 2015! Basic terms.

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.

START- 26 kwietnia 2015!