Compensation Plan
Read More: Hi there my name is Steven Desantis and I wanted to comment on some of the home based businesses out there and which one to get involved with. I started my home based business with a company called Carbon Copy Pro.
Now being a newbie in this business, I realized one major thing that carbon copy pro has a much greater compensation plan than most of these home based businesses out there. This is much more attracting to go after but what really sold me was the fact that they affiliated themselves with WMI.
A financial education company whose sole purpose is to help people get out of debt and grow their money. The industry doesn't teach you how to handle or grow your money. This to me was the indicating factor that I knew I had found the right business.
I don't mean to knock any other company out there, I respect all ways of making income. This one made the most sense to me.
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About the Author: Steven Desantis
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Primary Web Site: http://inspiretheentrepreneurinyou.com
GeneWize's Compensation Plan
Michelle Behney from dnafaith.com is convinced that GeneWize has the best comp plan. In fact I am so confident that I have uploaded a copy for you to view.
You did not list a comp plan, you simply stated you felt yours was the best.
Do you think everyone knows what WMI means?
How MANY "home based businesses" did you look into?
How LONG did you research different companies?
Here is the NEW part of the compensation plan for GeneWize
Compensation Plan and Active Affiliate Status
1. To help make it easier for qualified Affiliates to earn Sales Team Bonuses, we have reduced
the (Pursuit Team) Sales Team Bonus volume requirement (BV) by 50%, from 500BV down to
only 250BV for any pay period. This reduced Bonus Volume requirement makes it much easier
for qualified Affiliates to earn both bimonthly Sales Team Bonuses and Matching Bonuses within
their organizations. This change is effective immediately.
2. We have modified the Binary tree programming from “Automated Volume Flushing” to
“Volume Expiration linked to Active Affiliate Status. (Begins with the December 30, pay period)
As a reminder, an Affiliate must be “Active” in order to receive Sales Team and Matching
Bonuses. There are four ways for an Affiliate to remain “Active.”
(a) In the previous 31 days before any pay period, the Affiliate has 150 monthly PBV
(Personal Bonus Volume). For example: If an Affiliate has two personally enrolled “non
Affiliate” customers who are successfully receiving Autoship in the previous 31 days (2 X
75 PBV = 150BV), then the Affiliate has met this requirement and is “Active.” Or,
(b) In the previous 31 days before any pay period, the Affiliate has 75 PBV (Personal Bonus
Volume) “personal Autoship.” This simply means the Affiliate is receiving their personal
LifeMap Product on Autoship. Important Note: Even if an Affiliate is entitled to free
product under the “Enroll Four Program” the Affiliate must still have a valid credit card in
place to pay their monthly shipping and handling charge (currently $9.75/month). Or,
(c) In the previous 90 days, the Affiliate has personally purchased an “Affiliate package that
contains an “Autoship product.” Or,
(d) In the previous 90 days, the Affiliate has personally enrolled a Customer with a
Customer package that contains an “Autoship product.”
Additionally, an Affiliate must be in “good standing” and have paid their Annual Renewal fee (if
applicable). See Annual Renewal Fee details to follow.
“Inactive Affiliates” are still eligible to receive Direct Commissions but are not eligible to receive
Sales Team or Matching Bonuses (or until they return to “Active” status) and any banked Bonus
Volume will be expire per the rules described in 2. a-d. If the Affiliate does not become “Active”
within as described above, then any of the inactive Affiliate’s banked Bonus Volume expires.
A very simple way to communicate (and understand) this qualification is: Banked Bonus
Volume for any Affiliate that is “active,” does not expire.
This change is effective for the pay period that begins December 30
th 2008 and thereafter.
•
order to be paid as a One Star Affiliate
One Star Affiliates must have one (1) personally enrolled “Active non Affiliate Customer” in
•
order to be paid as a Two Star Affiliate
Two Star Affiliates must have two (2) personally enrolled “Active non Affiliate Customers” in
•
in order to be paid as a Three Star Affiliate
Three Star Affiliates must have three (3) personally enrolled “Active non Affiliate Customers”
•
be paid as a Four Star Affiliate
Four Star Affiliates must have four (4) personally enrolled “Active non Affiliate Customers” to
Definition of “Active Customer”
(a) To be an “Active Customer” the previous 90 days, the Customer must have purchased a
Customer package that contains an “Autoship product.” Or,
(b) The Customer must have successfully received an Autoship order in the previous 31
days
This helps ensure a healthy and vibrant business model based in part on Customer acquisition.
Important note: Any “non Affiliate “Customer, that also enrolls Customers, will count towards an
Affiliate’s Customer requirements. Example: If an Affiliate enrolls a Customer who enrolls three
(3) Customers, that would counts as four (4) Customers towards the Affiliate’s Customer
Acquisition requirements.
This change is effective with the pay period that begins January 27, 2009 and thereafter.
Clarification To Affiliate Policies and Procedures: Affiliate Membership and Annual
Renewal Fee.
GeneWize is reducing the Annual Renewal fee from $59 to $49! However, rather than one
yearly annual collection for all Affiliates, GeneWize will collect Annual Renewal Fees for certain
Affiliates in early January 2009 and other Affiliates in early July 2009. The timing is based on
when an Affiliate enrolled in 2008
Here’s how Affiliate Annual Renewal Fees will be implemented:
For Affiliates that enrolled in 2008, and to help get the Affiliate renewal program on track, here’s
how it will be implemented:
•
Renewal fee of $49
Affiliates who enrolled on or before August 31, 2008, will be charged the reduced Annualin January 2009, and then each year in January thereafter.
•
charged the reduced Annual Renewal fee of $49
thereafter.
Affiliates who enrolled September 1, 2008 or later, but before January 2009, will bein July of 2009, and then each July
•
June 30th of each year will be charged their Annual Renewal Fee of $49 in January of
the year following their enrollment.
Beginning in 2009 and thereafter, all NEW Affiliates that enroll between January 1 and
•
December 31 of each year will be charged their Annual Renewal Fee of $49 in July of
the year following their enrollment.
All Affiliates, at the applicable time (January 2009 or July 2009 and thereafter) will be charged
the Annual Renewal Fee. If, as an Affiliate, you did not intend to renew and desire to cancel
your Affiliate-ship, you must email Customer Service at renewals@mygenewize.com within 30
days to cancel and receive a full refund of your renewal fee.
Beginning in 2009 and thereafter, all NEW Affiliates that enroll between July 1 and
Clarification of the "Enroll (or Keep Four) and Pay no More” Referral Program.
Don't worry, there are no changes to this great program, however we are noticing that we may
have not have done an adequate job of explaining it and that some Affiliates either don’t
understand the program or don’t know how to explain it in a way that new Affiliates can easily
understand.
INITIAL COMPENSATION
We want to encourage and suggest ALL Affiliates describe this as the "Keep Four and Pay no
More” program going forward.
Remember: Each time you enroll a NEW Affiliate or Customer you earn a Direct Commission of
$40-100 on each enrollment. That is your initial compensation not a discount on your product.
We can’t give you both in the same month!
The Free/Discounted Product program is designed to apply your credit ONLY AFTER your
Customer or Affiliate’s 2
nd order has been successfully charged and completed.
REOCCURRING COMPENSATION
You're reoccurring compensation comes in the form of a discount on your LifeMap Product, the
month AFTER your personally enrolled Affliates/Customes order(s) are successfully charged
and paid for. Not in the same month. Very simply, our computer program needs to “look back” at
the transactions in order to provide an accurate accounting and apply the appropriate discounts.
The first One to Four Affiliates (or Customers) you enroll entitles you to a discount on your
LifeMap product (10%, 25%, 50, 100% respectively). An example is if you enrolled 4 NEW
customers on December 1 of 2008 and they received their First Orders on January 1 of 2009
and they are on Autoship to receive their 2nd shipment on February 1st 2009, your discount or
FREE product credit would be applied in March. Don’t forget that you will also be charged for
shipping and handling (currently $9.75) IMPORTANT: If you don't have a valid credit card on file
to cover shipping,
3 of your Affiliate or Customer credit cards successfully processed, you would receive a 50%
discount.
After enrollment Number 4, you will earn a Direct Commission of $15.00 for each
Customer/Affiliate. For example, if you enrolled 10 Affiliates four of them (providing their
transaction process successfully) would entitle you to FREE product and the next six would earn
you $90.00 in Direct Commissions (6 X $15.00).
Hopefully this explanation helps you better understand (and explain) the program. Please refer
to the Compensation Plan and carefully review the Affiliate Policies & Procedures, which are
available in your Affiliate Back Office for more details.
you will not receive your discount or free product credit. If, for example, only
Summary Chart: GeneWize Compensation Plan Effective 12.30.2008
Customer Affiliate 1 Star
Affiliate
2 Star
Affiliate
3 Star
Affiliate 4 Star Affiliate
RANK DESCRIPTIONS AND QUALIFICATIONS
Enrollment
$99 Affiliate Kit
(no commission)
Active
N/A
Needed to accumulate binary BV
and earn bonuses
N/A
150 PBV Monthly
Or
75 PBV Personal
Autoship
Or
Package w/
Autoship in
previous 90 days
+
$49 renewal
annually
150 PBV Monthly
Or
75 PBV Personal
Autoship
Or
Package w/
Autoship in
previous 90 days
+
$49 renewal
annually
150 PBV Monthly
Or
75 PBV Personal
Autoship
Or
Package w/
Autoship in
previous 90 days
+
$49 renewal
annually
150 PBV Monthly
Or
75 PBV Personal
Autoship
Or
Package w/
Autoship in
previous 90 days
+
$49 renewal
annually
150 PBV Monthly
Or
75 PBV Personal Autoship
Or
Package w/ Autoship in
previous 90 days
+
$49 renewal annually
Qualifications
Needed to earn all bonuses other
than Direct
N/A
2 personal Active
Affiliates with 1 on
each side
4 personal Active
Affiliates with 2 on
each side
+
1 direct Non-
Affiliate Customer
+
10 or more End
Users within 2
Enroller Levels
+
1000 BV or more
in Pursuit Team in
Pay Period
5 or more personal
Active Affiliates
with 2 on each
side
+
2 direct Non-
Affiliate Customers
+
20 or more End
Users within 2
Enroller Levels
+
10,000 BV or more
in Pursuit Team in
Pay Period
11 or more
personal Active
Affiliates with 2 on
each side
+
3 direct Non-
Affiliate Customer
+
40 or more End
Users within 3
Enroller Levels
+
40,000 BV or more
in Pursuit Team in
Pay Period
21 or more personal Active
Affiliates with 2 on each side
+
4 direct Non-Affiliate Customer
+
100 or more End Users within
4 Enroller Levels
+
100,000 BV or more in Pursuit
Team in Pay Period
Notes
* No spot in binary
* All BV credits to
PBV of first upline
Affiliate
May NOT earn
Commissions
May receive Enroll
4 Discounts
May receive Enroll
4 Discounts and
Direct
Commissions
even if not Active
May receive Enroll
4 Discounts and
Direct
Commissions
even if not Active
May receive Enroll
4 Discounts and
Direct
Commissions
even if not Active
May receive Enroll
4 Discounts and
Direct
Commissions
even if not Active
May receive Enroll 4 Discounts
and Direct Commissions even
if not Active
DISCOUNTS, COMMISSIONS AND BONUSES
Enroll 4 Pay No More
Discount on personal monthly
Autoship purchases based on
direct referrals to other Autoship
purchases each month
1 = 10% discount
2 = 25% discount
3 = 50% discount
4 = 100% discount
1 = 10% discount
2 = 25% discount
3 = 50% discount
4 = 100% discount
1 = 10% discount
2 = 25% discount
3 = 50% discount
4 = 100% discount
1 = 10% discount
2 = 25% discount
3 = 50% discount
4 = 100% discount
1 = 10% discount
2 = 25% discount
3 = 50% discount
4 = 100% discount
1 = 10% discount
2 = 25% discount
3 = 50% discount
4 = 100% discount
Type I Direct Commission
On New First Time Product Orders
By Direct Customers/Affiliates
N/A 25% CV 25% CV 25% CV 25% CV 25% CV
Type II Direct Commission
On New First Time Product Orders
By Indirect Customers
15% CV 15% CV 15% CV 15% CV 15% CV
Type III Direct Commission
On Autoship Orders by Directly
Enrolled Customers/Affiliates
25% CV
5
25% CV
5
25% CV
5
25% CV
5
25% CV
5
th order and overth order and overth order and overth order and overth order and over
Sales Team Bonus
Paid on percentage of BV on
Binary Pursuit leg
N/A
10%
250 BV Minimum
10%
250 BV Minimum
12%
250 BV Minimum
15%
250 BV Minimum
20%
250 BV Minimum
Level 1 Matching Bonus
On Cycle Bonuses of Level 1
Enroller Tree
-- -- 10% 20% 30% 40%
Level 2 Matching Bonus
On Cycle Bonuses of Level 2
Enroller Tree
-- 10% 20% 20% 30%
Level 3 Matching Bonus
On Cycle Bonuses of Level 2
Enroller Tree
10% 20% 20% 20%
Level 4 Matching Bonus
On Cycle Bonuses of Level 2
Enroller Tree
10% 10%
DEFINITIONS
a)
i) Retail price of each item is assignable by company
b)
i) CV of each item is assignable by company
c)
Bonuses.
i) BV of each item is assignable by company
d)
made by directly or indirectly enrolled Customers of an Affiliate.
i)
enrolling Affiliate for the current month. Accordingly, an Affiliate may meet his or her minimum
monthly Active requirements with BV accruing from personally enrolled non Affiliate Customers.
e)
carryover volume.
f)
carryover volume.
g)
as Carryover Volume and is used to calculate any subsequent Sales Team Bonuses until depleted or
flushed due to inactivity.
h)
i)
by an Affiliate.
Indirect Customer to Affiliate
j)
that contains an “Autoship product.” Or, the Customer must have successfully received an Autoship
order in the previous 31 days.
k)
(Personal Bonus Volume). Or, in the previous 31 days before any pay period, the Affiliate has 75 PBV
(Personal Bonus Volume) via “personal Autoship.” Or, in the previous 90 days, the Affiliate has
personally purchased an “Affiliate package that contains an “Autoship product.” Or, in the previous 90
days, the Affiliate has personally enrolled a Customer with a Customer package that contains an
“Autoship product.”
Retail Price = Price actually paid by a Customer for a product.Commission Volume (CV) = Designated Value for calculating Direct Commissions.Bonus Volume (BV) = Designated Value for calculating all Rank Activation and Qualifications, and allPersonal Bonus Volume (PBV) = BV of an Affiliate’s personal product purchases, and/or purchasesNote: All BV accruing to purchases made by non-Affiliate Customers accrues to the PBV of theLead Team = Binary leg with the greater amount of BV at the end of each pay period includingPursuit Team = Binary leg with the lesser amount of BV at the end of each pay period includingCarryover Volume = Any BV remaining after Sales Team Bonuses are run each pay period is treatedEnd User = Customer or Affiliate that is on monthly AutoshipIndirect Customers = Customers referred by and enrolled through another Customer and not directlyExample: Affiliate A enrolls Customer B who enrolls Customer C. Customer C is anActive Customer = In the previous 90 days, the Customer must have purchased a Customer packageActive Affiliate = In the previous 31 days before any pay period, the Affiliate has 150 monthly PBV
To Get More Information about All Things GeneWize Related visit oneofakindpill.com, email me michelle_behney@verizon.net OR oneofakindpill@yahoo.com, or feel free to contact me personally at 812-442-0353. OR 812-201-9040.
3. Customer Acquisition requirements for “Paid As” rank. (Begins with the pay period beginning
January 27, 2009)