12 IR = RI INDEPENDENT REPRESENTATIVE = RECURRING INCOME By becoming a QNET Independent Representative, you can choose to have the unlimited opportunity of Recurring Income through personal consumption and retail sales! 3 QNET Community QNET is the one of the fastest-growing online shopping and business community. Home to the best lifestyle products in the right business, our prestigious compensation plan is the heart of your QNET career as an Independent Representative (IR). Because our expanding QNET community of customers and distributors are our most important asset, we ensure to offer the most dynamic and innovative plan in the direct selling arena. 4 Dream big.QNET Opportunity • With 8 different ways to earn and up to 50% of sales paid out in commissions. to achieve financial freedom to support your family. to get more out of life… your opportunity lies with QNET. QNET is a powerfully rewarding opportunity. act with purpose and passion. to travel the world. 5 . The rewards will follow! • • Whether you want to enhance your life through great products. The QNET business opportunity means big business for you. Your journey through the QNET community to achieve the business opportunity. START HERE Register. Qualify & Activate your account DO THIS • • • • Be a loyal satisfied user of your own products and services Retail Customers who BUY and Refer IRs who BUILD Maintain your own activity and quarterly requirement Progress through the QNET Star Ranks GET THIS • • • • • • • • Retail Profit Repeat Sales Points Early Payout First Purchase Profit Step Commission Rank Advancement Bonus Year-Round Rewards Travel Incentives 6 . HOW DO YOU START? 7 . GETTING STARTED IS SIMPLE 1 2 3 4 Register Qualify Activate Maximise 8 . in • Receive three (3) Tracking Centres upon Registration. Commissions and/or bonuses are calculated on the sale of products with reference to each Tracking Centre 9 .qnetindia.Register • Register online for Free through www. These are the foundations of your placement in the genealogy. Note: Tracking Centre” or “TC” means a position in the Company’s database. Annual Maintenance Fee • Pay an Annual Maintenance Fee of INR 1. and eCommerce tools 10 . marketing.500 for the following services from the IR’s first Anniversary Date Online Business Planner & Product Portfolio Access to your Virtual Office Access to 3 eStores Business. 11 . 003 500 BV Note: Required Qualifying BV for TC 004 and subsequent TCs is minimum 1000 BV. Extension 002 and 003 are not yet Qualified. Tracking Centre 001 002 Required Qualifying BV 500 BV 500 BV Tracking Centre 001 is now qualified with 500 BV.Qualify • Qualify at least one of your Tracking Centres with 500 BV by selling products to a Retail Customer or making Purchase for personal consumption. 2. Personal Sponsorship A combination of Personal Purchase.Activate • To Activate means a Qualified IR directly sponsors at least one (1) Qualified Direct Referral per side of any of his/her Tracking Centres There are two ways to activate: 1. directly referred Qualified IR Purchase and directly referred Retail Customer’s Purchase • Special Launch Promo! Self-Activation will be allowed 12 . Activation Method #1 Personal Sponsorship Help to qualify one direct referral under each side of any of your tracking centres 13 . 14 .Activation Method #2 Combination: Personal Purchase + Directly referred Qualified IR Purchase and Directly Referred Retail Customer Purchase The combination of BV from Personal Purchase. directly referred Qualified Referral Purchase and directly referred Retail Customer Purchase allocated to each of the three Tracking Centres. All products are personally purchased by the IR. 002 and 003 from Retail Sales or making Purchase for Personal consumption. 15 .Self Activation* Qualify Tracking Centres 001. All products are purchased by the Retail Customer but corresponding BV is allocated to Referrer’s TCs. you can maximise earnings and enjoy a richer and fuller lifestyle as a member of the growing QNET community. 16 . By progressing through the QNET Star Ranks.Maximise Move to action as you build and lead an organisation of people who share the same dreams and goals as you. 17 . which is the difference between your customer’s Retail Price and your discounted price as an IR. • When you refer a Retail Customer who purchases from the Company. you receive the Retail Profit.Q1 Retail Profit • Selling QNET products directly to your Retail Customers is the cornerstone of a solid foundation for your business. Price paid by Retail Customer Your Retail Profit Your Price 18 . Q2 Repeat Sales Points • From every repeat sale of products through the QNET Repeat eStore * to Retail Customers or Direct Referrals. • Repeat Sales Points are automatically computed and you can easily manage them in your Virtual Office. 19 . the active Direct Referrer up to three (3) levels will earn the designated points which can be converted into either cash or Business Volume (BV). Direct Referrer Level II Receives Repeat Sales Points Direct Referrer Level III Receives Repeat Sales Points Repeat Sales Points Direct Referrer Level I Receives Repeat Sales Points IR or Retail Customer Purchases Products 20 . • An active IR earns RSP from repeat sales through the QNET Repeat eStore to the Retail Customers or from Personal Purchases of their referred Downlines as deep as three (3) levels. 21 .Repeat Sales Points (RSP) • Definition: Points earned from repeat sales which are convertible either into Cash or BV. • BV converted from RSP is credited to the IR’s BV Bank. • Points not converted into BV will be automatically converted into cash if not redeemed within six (6) months. It is used to qualify a TC and counts in GBV for Step Commission calculation. 22 .800 900 BV *RSP will automatically be converted into cash after 6 months and directly credited to the Commission Payable Account (CPA). Any remaining RSP will be calculated into INR using a proportion rate based on 60 RSP.000 INR 13.900 20 BV 160 BV 420 BV 1.760 INR 6.Definitions & Rules RSP Conversion to Cash and BV RSP Cash equivalent* BV equivalent 60 300 600 INR 460 INR 2. Before Compression After Compression Compression Creates Excitement! When an IR misses the quarterly requirement. active IRs from below temporarily move up to replace them. QNET pays producers! IR Quarterly Requirement Achieved? Yes = Active IR No = Inactive IR NOTE: B and D are temporarily replaced by F and I but will resume their positions once they again meet their quarterly activity requirements. 23 . 000 BV INR 5.Q3 Early Payout The Early Payout applies only to Primary TC 001.000 BV INR 2. Step 1 and is paid according to the following Commission Schedule. IR must achieve the required lower-volume leg within the first 6 weeks from IR’s registration date. 1. 24 .500 1.000 BV Early Payout INR 2.000 N/A This illustrates Early Payout to IR under Bronze Star Rank. It’s a powerful way to get fast cash! Lower-Volume Leg 1.500 Time Frame IR must achieve the required lower-volume leg within the first 4 weeks from IR’s registration date.Cycle 1. 000 (another 1.000 BV on Lower-Volume Leg) STEP 1 ends and STEP 2 begins Step 1 : 3.The illustration shows Step 1 of the Step Commission and how Early Payout is earned (totaling INR 10. Qualified and Activated IR A earns INR 2.500 (1000 BV on Lower-Volume Leg) Qualified and Activated IR A earns INR 2.500 (another 1.000 BV on Lower-Volume Leg 25 .000 BV on Lower-Volume Leg) Qualified and Activated IR A earns INR 5.000). The First Purchase Profit is the difference between the price of the first purchase of an IR (made at Retail Price) and the IR Discounted Price. Your First Purchase Profit Price paid by personally sponsored IR IR Discounted Price 26 . you will receive the First Purchase Profit from the qualifying retail sale/purchase made by your new personally referred IR.Q4 First Purchase Profit As a Referrer. Q5 Step Commission Step Commission is the progressive commission paid according to an IR’s compensation level. At the end of each commission period (week).000 BV on Lower-Volume Leg) STEP 2 ends and STEP 3 begins Note: IR must be Qualified and Activated to earn Step Commissions. STEP 1 ends and STEP 2 begins BV Balance from Step 1 will be carried over to Step 2 onwards Qualified and Activated IR A earns INR 10.000 (another 3. 27 . QNET through its advanced and modern commission engine will search down your Tree to determine group BV and the allowable commission amounts per Tracking Centre determined by active rank. 250 INR 11.000 INR 15.000 Rank Silver Star INR 11.250 INR 11.000 BV 3.750 INR 13.500 INR 13.000 INR 10.000 INR 15.000 INR 10.000 INR 15. which are used to redeem products in the QNET Redeem eStore.250 Gold Star INR 12.000 10 EP 10 EP 10 EP 10 EP 10 EP *EP stands for eVoucher Points.750 INR 13. 28 .250 INR 12.500 INR 12.000 1 2 3 4 5 6 3.500 INR 12.000 INR 10.500 Platinum Star INR 13.750 Diamond Star INR 15.000 BV Bronze Star INR 10.000 BV 3.750 INR 13.750 INR 15.Step Commission Chart Step Business Volume (BV) Lower-Volume Leg (BV) 3.000 BV 3.250 INR 11.000 INR 11.000 BV 3.500 INR 12.000 BV INR 10. 000 + 130 EP Maximum payout per week 29 .250 Gold Star INR 12.005.000 + 100 EP 70 INR 811.500 Platinum Star INR 13.500 + 80 EP 60 INR 625.000 Payout per step Maximum steps per week 40 INR 340.000 + 60 EP 50 INR 472.Weekly Maximum Step Commission per TC Rank Bronze Star INR 10.000 Silver Star INR 11.750 Diamond Star INR 15.250 + 110 EP 80 INR 1. It pays to Grow! 30 . and the maximum weekly payout can be achieved.015.Q6 Rank Advancement Bonus With Rank Advancement in the Step Commission.000 plus eVoucher Points each week! As you grow and advance in rank. you can earn up to INR 3. the amount paid per step increases. the number of weekly steps allowed increases. BV Your BV achieved from the purchases of your direct Referrals from Qualify E-store and Repeat E-store N/A N/A 500 1.000 GRBV with no more than 12. 6 Group Repeat Business Volume .400 BV per week on Lower Volume Leg for 8 weeks from 30 Sep 2012 to 29 March 2013 For Diamond Star Rank: Achieve 180.000 BVs per week on Lower Volume Leg for 8 weeks within a Quarter. This means that 15.500 Your BV achieved/earned from the Repeat Sales made by the Downlines under your lines of Referralship.000 GRBV must come from at least 2 or more direct Referral lines For Diamond Star Rank: 50.Quarterly Rank Advancement Requirements QUARTERLY RANK ADVANCEMENT REQUIREMENTS No CRIT ERIA DEFINIT ION/REMARKS BRONZE ST AR SILVER ST AR GOLD ST AR PLAT INUM ST AR Diamond Star 1 Personal Business Volume.000 15.000 BVs per week on Lower Volume Leg for 8 weeks within 1 Quarter N/A N/A N/A PROMO 86.500 GRBV coming from each direct line of Referralship. GRBV For Platinum Star Rank: 15.000 GRBV from the Repeat Sales within your network. achieve Platinum Star requirements for 2 consecutive Quarters and become a Platinum Star from the beginning of the next Quarter.000 1. This means that 50. For Gold Star Rank: 1.500 GRBV coming from each direct line of Referralship. BV BV achieved from the purchases/retail sales from the Repeat Estore N/A N/A 60 60 60 2 Steps earned Number of Steps earned from 14 April 2012 onwards. achieve Diamond Star requirements for 4 consecutive Quarters and become a Diamond Star from the beginning of the next Quarter.From Gold Star rank.000 GRBV with no more than 7. N/A N/A 200 600 1.200 5 BV from new Direct Referrals.000 GRBV must come from at least 4 or more direct Referral lines N/A N/A 1. 9 Pay-out Rank Maintenance To become Diamond Star . BV PROMO: Achieve 86. This is a one time requirement to be achieved in Silver Star Rank N/A N/A 2 3 Number of Qualified Direct Referrals N/A 3 4 Repeat Sales Points (RSP) Points earned from Repeat Sales or purchases made by 3-level Downlines under your line of Referralship which are convertible into cash or BV.From Platinum Star rank. N/A N/A N/A Achieve Platinum Star requirements for 2 consecutive Quarters Achieve Diamond Star requirements for 4 consecutive Quarters * Quarterly requirements (13 weeks) ** One-time requirement.400 BV per Week (from 30 September 2012 to 29 March 2013) 180.000 50.000 per Week REGULAR: 120. This is a one time requirement to be achieved in Gold Star Rank Number of new Qualified direct Referrals from 14 April 2012 onwards. 31 . N/A N/A N/A 30 90 8 Lower Volume Leg.000 7 Number of Indirect Referrals with New Rank Advancement Your indirect Referrals who advanced from Silver to Gold Star Rank and upwards Your BV in the weaker leg in the Binary Genealogy For Platinum Star Rank : Achieve 120.000 BV per Week To become Platinum Star . N/A N/A N/A 30 90 8 Lower Volume Leg. BV BV achieved from the personal purchases/retail sales from the Repeat E-store N/A N/A 60 60 60 2 Steps earned Number of Steps earned from 14 April 2012 onwards.000 per week REGULAR: 120. BV PROMO: Achieve 86.000 BV per week on Lower Volume Leg for 8 weeks within a Quarter.500 Your BV achieved/earned from the Repeat Sales made by the Downlines under your lines of Referralship.000 BV per week on Lower Volume Leg for 8 weeks within 1 Quarter N/A N/A N/A PROMO 86. This is a one time requirement to be achieved in Silver Star Rank N/A N/A 2 3 Number of Qualified Direct Referrals N/A 3 4 Repeat Sales Points (RSP) Points earned from Repeat Sales or purchases made by 3-level Downlines under your line of Referralship which are convertible into cash or BV.500 GRBV coming from each direct line of Referralship.000 BV per week for 8 weeks 32 .200 5 BV from new Direct Referrals.000 GRBV with no more than 12.500 GRBV coming from each direct line of Referralship. 6 Group Repeat Business Volume .000 15. BV Your BV achieved from the purchases of your direct Referrals from Qualify E-store and Repeat E-store N/A N/A 500 1.000 GRBV must come from at least 2 or more direct Referral lines For Diamond Star Rank: 50. For Gold Star Rank: 1.000 GRBV with no more than 7. This is a one time requirement to be achieved in Gold Star Rank Number of new Qualified direct Referrals from 14 April 2012 onwards. GRBV For Platinum Star Rank: 15.000 50.Quarterly Rank Maintenance Requirements QUARTERLY RANK MAINTENANCE REQUIREMENTS No CRITERIA DEFINITION/REMARKS BRONZE STAR SILVER STAR GOLD STAR PLATINUM STAR Diamond Star 1 Personal Business Volume.000 GRBV must come from at least 4 or more direct Referral lines N/A N/A 1.400 BV per week for 8 weeks (from 30 September 2012 to 29 March 2013) 180. This means that 50.000 GRBV from the Repeat Sales within your network. N/A N/A 200 600 1. This means that 15.000 7 Number of Indirect Referrals with New Rank Advancement Your indirect Referrals who advanced from Silver to Gold Star Rank and upwards Your BV in the weaker leg in the Binary Genealogy For Platinum Star Rank : Achieve 120.000 1.400 BV per week on Lower Volume Leg for 8 weeks from 30 Sep 2012 to 29 March 2013 For Diamond Star Rank: Achieve 180. Maximum Earnings Rank Bronze Star Qualifications • Tracking Centres must be Qualified and Account must be Activated** • 3 Qualified Direct Referrals *** • Earn 2 Steps **** • Retail sales/personal purchase of 60 BV/quarter from the Repeat eStore.000/ week (INR 625.000 / week (INR 340. 33 .000 BV in Group Repeat Business Volume/quarter Weekly Maximum Cash* Up to INR 1.000 / TC / week) Up to INR 1.000 / TC / week) Silver Star** Gold Star** *Based on 3 Tracking Centres **IR Tracking Centres must be Qualified and accounts Activated to advance to any rank beyond Bronze Star.020.500/ week (INR 472. ****One-time requirement.417.500 / TC / week) Up to INR 1.875. already earned in the Silver Star rank. • Achieve 200 Repeat Sales Points (RSP)/quarter • Achieve 500 BV from new Direct Referral(s)/quarter • Achieve 1. already earned in the Gold Star rank. ***One-time requirement. 000 BV from new Direct Referrals/quarter Achieve 15.000 BV in Group Repeat Business Volume/quarter 30 Indirect Referrals with new Rank Advancement from Silver Star Rank upwards/quarter Achieve 86.250 / TC / week) *Based on 3 Tracking Centres. Weekly Maximum Cash* Up to INR 2. **IR Tracking Centres must be Qualified and accounts Activated to advance to any rank beyond Bronze Star.750 / week (INR 811.400 BV in the Lower Volume Leg per week for 8 weeks from 30 Sep 2012 to 29 Mar 2013 (Promo) Regular: 120. 34 .Maximum Earnings (Platinum Star) Rank Platinum Star** Qualifications • • • • • • • Retail sales/personal purchase of 60 BV/quarter from the Repeat eStore Achieve 600 Repeat Sales Points (RSP)/quarter Achieve 1.433.000 BV per week for 8 weeks Maintain Platinum Star requirements for 2 consecutive quarters. 000 / TC / week) • • *Based on 3 Tracking Centres.000 BV in the Lower Volume Leg per week for 8 weeks Achieve Diamond Star requirements for 4 consecutive Quarters Weekly Maximum Cash* Up to INR 3. 35 .000 BV in Group Repeat Business Volume/quarter 90 Indirect Referrals with new Rank Advancement from Silver Star Rank upwards/quarter Achieve 180. Achieve 1200 Repeat Sales Points (RSP)/quarter Achieve 1.000 / week (INR 1.500 BV from New Direct Referral(s)/quarter Achieve 50.Maximum Earnings (Diamond Star) Rank Diamond Star** Qualifications • • • • • Retail sales/personal purchase of 60 BV/quarter from the Repeat eStore.005. **IR Tracking Centres must be Qualified and accounts Activated to advance to any rank beyond Bronze Star.015. 000 per step at the Diamond Star Rank! 36 .Maximising Your Step Commissions As a leader in direct selling. QNET pays up to INR 15. new. and fun with Year-Round Rewards! 37 .Q7 Year-Round Rewards • • • • Special Cash Incentives Discounts on Best-Sellers Fun and Exciting Promotions eVouchers for Product Redemption There’s always something fresh. Diamond Star Award Travel Leadership Celebration Diamond Star IRs and Platinum Star IRs enjoy an exclusive leadership celebration in elite settings that inspire and connect the leadership team. including free airfare and hotel accommodations for top-level leadership training. Qualifying QNET Diamond Star IRs will enjoy an all-expense-paid trip for two to an exciting destination announced annually. Annual Reward Trips Platinum Star Fly-In As a new QNET Platinum Star IR. you qualify for the VIP Tour at corporate headquarters.Q8 Travel Incentives QNET celebrates milestones and leadership with travel awards. * Terms and Conditions Apply 38 . Terminology & Rules – Getting Started Active IR Any IR who generates a minimum of 60 BV per quarter by making retail sales/personal purchases from the Repeat eStore. A person who has registered to build a business organisation by selling products and referring others. 39 . Activated IR Register Independent Representative (IR) Qualified IR An IR who has at least one (1) Tracking Centre with the minimum 500 BV. To Activate means a Qualified IR directly referred at least one (1) Qualified Direct Referral per side of any of his/her Tracking Centres. To register as an IR into the QNET business. 40 . BV earned from repeat sales within your network. Active IRs below that IR will move up to temporarily fill his/her position for commission calculation purposes. Business Volume (BV) eVoucher Points (EP) Points earned at every Step 6 of any given Commission Cycle. Points earned from repeat sales/personal purchases which are convertible into Cash or BV.Terminology & Rules – Volume and Points Referrer An IR who refers Retail Customers or prospective IRs to QNET. redeemable against products. Group Repeat Business Volume (GRBV) Repeat Sales Points (RSP) Repeat Sales Compression When an IR does not meet the quarterly requirement of 60 BV. The point value of a product used to qualify TCs and calculate Step Commissions. Means the recurrence sales or purchases of products from the company. and are not intended to guarantee. We reiterate that each individual’s success depends on his or her background. desire and motivation. Your level of success in attaining the results claimed depends on the time you devote to the business. the ideas and techniques mentioned. and level of desire. representations and/or assurances concerning the level of success you may experience. There are some unknown risks in business that we cannot foresee. or may not. Testimonials and examples used are exceptional results.Earnings & Income Disclaimer We make every effort to ensure that we accurately represent our products and services and the potential for income. We do not purport our business and/or us as being a 'get rich scheme'. dedication. products and/or services. and will be based on your individual capacity. since such skills and factors differ according to individuals. your results may vary. which can reduce results. which do not. acts and/or conduct that is directly or indirectly related to the business and/or the purchase and use of our information. promise. We are not responsible for your actions. promises. products and/or services should be based on your own due diligence. 41 . promise. You agree that our Company is not liable for any success or failure of your business. business experience. We cannot guarantee your future results and/or success. knowledge and various skills. There is no assurance that examples of past earnings can be duplicated in the future. As with any business. your finances. Earning and/or income statements made by our Company and/or Independent Representatives are estimates of what you can possibly earn. Any claims made of actual earnings or examples of actual results can be verified upon request. apply to the average person. There is no guarantee that you will make these levels of income and you accept the risk that the earnings and income statements differ from individual to individual. The use of our information. represent and/or assure that anyone will achieve the same or similar results. expertise. representation and/or assurance. which you undertake and confirm that you have carried out to your entire satisfaction. There are no guarantees. The examples are not to be interpreted as any guarantee.
Report "QNET Compensation Plan Presentation_India"