bannerseason comp plan overview v4 copy - amazon s3 · must earn a minimum of 4 shares. ($100 of...
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CompensationOverview
Comp Plan Overview I January 2019
Global Pool SharesAffiliate Commissions
CompensationOverview
Comp Plan Overview I January 2019
2 Ways to Get Paid at
BannerSeason
Customers Referral Partners Referral Partners
AffiliateCommissions
Comp Plan Overview I January 2019
5% Affiliate Commission
Affiliate Commissions are paid on the
shipped purchases made by those you
refer and your linked customers.
(RP or Customer)
5% Affiliate Commission is
paid weekly
ME Customer Linked Customers
AffiliateCommissions
Comp Plan Overview I January 2019
Linked Customer Example
Customer Customer Customer
Customer
Customer
Customer
What is the Global Pool?
Comp Plan Overview I January 2019
BannerSeasonGlobal Pool
*Shipped orders excluding revenue from Shipping, Taxes and Gift Cards.
Comp Plan Overview I January 2019
The Pool is 25% of BannerSeason Company wide
qualified product revenue, which we
call WOW.*
You earn 1 Share for every $25.00 of WOW
Volume. *
WOW Volume is purchases made by you and your
linked customers.
Global PoolPayout
• Qualification period is a calendar month. Payout happens before or on the 10th of each month.
• To be Qualified to participate in the Global Pool Payout you must earn a minimum of 4 Shares. ($100 of WOW Volume)
• WOW Volume is purchases made by you or those that you and your customers have referred.
• You earn 1 Share for every $25.00 of WOW Volume.
*Excludes revenue from Shipping, Taxes & Gift Cards.
• The Pool is 25% of Banner Season Company wide product revenue.*
• As a Referral Partner you can earn shares in the Global Pool.
Comp Plan Overview I January 2019
Global PoolShares
Comp Plan Overview I January 2019
To be Qualified to participate in the
Global Pool Payout you must earn a
minimum of 4 Shares. ($100 of WOW
Volume)
Qualification period is a calendar month. Payout happens
before or on the 10th of each month.
How to qualify for Global Pool Shares
Global PoolShare Match
Comp Plan Overview I January 2019
Qualified Referral Partners may earn
additional shares in the global pool by building a team.
Shares can only be matched per referral
partner up to your own earned Shares.
See Example.
Qualification Potential Matching Bonus
Enroll and pay the $49.95 enrollment fee.No Matched Bonus
$100 WOW VolumeTier 1
$ 300 WOW Volume in Tier 1Tier 1 & 2
$ 900 WOW Volume in Tier 2Tier 1-3
$ 2700 WOW Volume in Tier 3Tier 1-4
$ 8100 WOW Volume in Tier 4Tier 1-5
$ 24,300 WOW Volume in Tier 5Tier 1-6
$ 72,900 WOW Volume in Tier 6Tier 1-7
$ 218,700 WOW Volume in Tier 7Tier 1-8
$ 656,100 WOW Volume in Tier 8Tier 1-9
Global PoolSharesQualification Chart
Comp Plan Overview I January 2019
} You match 12 Shares
} You match 4 Shares *Shares can only be matched per referral
partner up to your own earned Shares.
This example shows the RP qualified to match his own
4 shares.
This example shows the RP qualified to match all available team shares.
Comp Plan Overview I January 2019
Shares can only be matched per referral partner up to your own earned Shares.
You
Referral Partner
4 Shares qualified, $100 in WOW Volume.
$300 in WOW Volume/ 12 Shares
You
RP
$100 4 Shares
$100 4 Shares
$100 4 Shares
RP RP
} $300 WOW Volume - 12 Match
} $900 WOW Volume - 36 Match
Global Pool Shares
Comp Plan Overview I January 2019
You - Rank 3
RP
$100 4 Shares
$100 4 Shares
$100 4 Shares
RP RP
Advanced Example of Share Matching
QRP QRPQRP QRP QRPQRP QRP QRPQRP
QRP = Qualified Referral Partner.
$300 WOW Volume - 12 Match
$900 WOW Volume - 36 Match
Global Pool Shares
Comp Plan Overview I January 2019
Advanced Example of Share Matching
$100 WOW Volume - 4 Earned Shares
Total Shares in the Pool is - 52
The Pool value is 25% of product volume company wide.
Comp Plan Overview I January 2019
How does a Pool Plan work?
EXAMPLE
There are 52,000 shares that have been earned company wide.
$250,000 52,000
= $4.81 per share
= $250,000
The Pool value is 25% of product volume company wide.
Comp Plan Overview I January 2019
How does a Pool Plan work?
Assume we have 2,000 Referral Partners that average 10 Customers
$250,00040,000
The average Customer is spending $50 per month. = $1,000,000 per month
2,000 Referral Partners X 10 Customers each = 20,000 Customers
Available Pool Payout is $250,000
= $6.25 per share
How many shares can you earn?
EXAMPLE
TITLESHARES NEEDED TO QUALIFY
NOTE:
Referral Partner Pay the $49.95 Referral Partner fee. Like Vermont, you do what you want.
Brand Ambassador 50 Shares We call this person the Go-Getter
Area Ambassador 250 Shares We call them the bomb.Com
Regional Ambassador 1,000 This is everyones Hero
National Ambassador 20,000 Water Walkers
Global Ambassador 40,000 The Cosmic Commanders I am talking Mega Mentors
Comp Plan Overview I January 2019
Rank Advancement
*Total earned and matching shares in your organization in one calendar month.
PARTNER
What we LOVE about this compensation plan.
Comp Plan Overview I January 2019
Easy to explain. Incentivized to sign up customers.
Every customer gets a referral code. Customer Leverage.
Global Pool is always 25% of product revenue. No
breakage to the company.
Weekly commissions.
Helping someone outside of your personal organization only helps increase the Global Pool.
• What is a customer? Any user of BannerSeason that has not enrolled as a referral partner.
• What is a referral partner? A customer that has upgraded to a Referral Partner and wants to participate in the compensation plan.
• What is an affiliate commission? A Weekly 5% commission on sales from those you have referred.
• What is the Global Pool? 25% of company qualified product revenue which is paid monthly to qualified referral partners.
• What is qualified product revenue? Shipped product not including shipping, taxes and gift cards.
All qualification periods use Pacific Standard Time.
Comp Plan Overview I January 2019
FAQ
• What is a QRP, (Qualified Referral Partner)? Has earned at least 4 Global Pool Shares in a calendar month.
• What is WOW Volume? Purchases made by you or those that you and your customers have referred.
• What is the Qualification Period for Global Pool Commissions? One calendar month.
• What is the Qualification Period for Affiliate Commissions? Weekly, Wednesday through Tuesday.
• How does the Mailer Meter Work? The mailer meter is like cash on your account. It can be used to pay for not only postage but the mailers, gifts and gift cards you send. The mailer meter will automatically recharge at the amount you chose to ensure orders go out promptly.
All qualification periods use Pacific Standard Time.
Comp Plan Overview I January 2019
FAQ
CompensationOverview
Comp Plan Overview I January 2019
Come get in the Pool with us.