1. 1. COMPENSATION PLAN
2. 2. WEALTH IS THE FREEDOM AND ABILITY TO DO AS YOU CHOOSE WITH YOUR TIME
3. 3. Some of us dream of paying our bills each month without the burden and worry of whether there will be enough. Others have visions of helping family members or even helping their neighbourhoods and communities in meaningful ways. And of course, at one time or another, each of us has dreamt of a restful vacation with those we love, cherishing the happiness that comes when we are stress-free. These are not just dreams; they can become reality with hard work put into the right business. Q10, The super hybrid Compensation Plan from QNET packs the Power of Ten into your business to help you achieve these dreams and more. You are in the business for yourself but not by yourself. You are QNETs most important asset and with Q10, we are rewarding you with a dynamic compensation plan that will let you live your dream and build your prosperity. In addition to new income channels, the plans strongest aspect is the ability to create more! MORE volume, MORE income, MORE often. All you have to do is focus on these key behaviors: Refer, Repeat, Rise and Retain.
4. 4. GETTING STARTED USE THE PRODUCTS, SHARE THE PRODUCTS, REFER THE QNET BUSINESS 1. Enrol as a QNET Independent Representative (IR) and purchase your first QNET product.1 2. Commit to the monthly Repeat Purchase Programme. 3. Refer QNET products and business opportunity to others. 4. Meet all active requirements to get paid in commissions and bonuses. START BUILDING YOUR QNET TEAM 1. Qualify for Step and Repeat Sales Commission with a Qualifying Product purchase. 2. Remain Active to receive Step and Repeat Sales Commission. ACTIVE REQUIREMENTS STEP COMMISSIONS (MAIN PLAN) Meet the quarterly activation requirements, minimum personal RSP requirements, Direct Referral Performance requirements, and income and Group RSP requirements, and earn accordingly. REPEAT SALES COMMISSION (RSP PLAN) Meet the monthly personal RSP requirements, Direct Referrals achievements and Group RSP requirements for each rank and earn accordingly. 1 Download the QNET Mobile App from Google Play or iTunes App store to do business on-the-go. Learn more about QNET products at www.qnet.net.
5. 5. THE LASTING POWER OF TRUE RESIDUAL INCOME Residual income is income that comes month after month, year after year, whenever and wherever you are. To have true residual income, you have to first develop the disciplines of REFER, REPEAT, RISE,and RETAIN. YOUR PATH TO GROWTH: THE FOUNDATION FOR LEADERSHIP FUTURE & REWARDS Build your QNET business organisation by mastering sales and recruiting as you advance through QNET ranks, and see your earnings multiply! THE POWER OF 10 QNET pays up to 50% of sales in commissions. With 10 ways to earn, true residual income and lasting wealth are within reach for every QNET IR.
6. 6. Retail Profit SALES GROWTH LEADERSHIP RSP Plan Rank Advancement Early Payout Year-Round Incentives Main Plan Rank Advancement RSP Rank Advancement Bonus New Programme Bonus Step Commission RSP Rank Maintenance Bonus Repeat Sales Points
7. 7. BUILD WEALTH AND SECURE YOUR FUTURE When you REFER and build a team, REPEAT monthly volumes with Repeat Sales Points, RISE through the ranks of advancement, and focus on RETAINING the volumes created by those in your QNET business team; you will slowly see your dreams become reality. CONTINUED LEADERSHIP DEVELOPMENT 1. Continue to enrol new customers and IRs. 2. Develop leaders in your organisation. 3. Participate in the leadership incentives and bonus pool. 4. Make a goal to advance in ranks. REFER REPEAT RISE RETAIN All new IRs have a group of people that they share QNET with. Once you make your contact list and introduce QNET to your circle of friends and family, we encourage you to add one new name to your list every day. Regularly referring QNET products is a discipline and practice that will build your foundation for long-term growth and sustained wealth. Make the commitment to make a monthly purchase of products. Be a product of your product and consume. Create this repetition behaviour in your organisation to earn true residual income. REPEAT! You RISE in rank, in stature and in wealth as you advance in the QNET Compensation Plan. Do not underestimate the importance of setting and achieving each step in the Rank Advancement system.
8. 8. BONUS Q1 RETAIL PROFIT Q2 EARLY PAYOUT Q3 STEP COMMISSION WHAT YOU RECEIVE Sell QNET products to your friends and neighbours at Retail Price and keep the difference. Receive up to USD 200 according to the Commission Schedule. Receive weekly commissions based on the volume generated on your lower-volume leg on the allowable commission amounts per Tracking Centre determined by your active rank. WHAT IS REQUIRED Become a QNET Independent Representative. Sell to a Retail Customer to receive the difference between the Retail Price and discounted price for an IR. Become a QNET IR. Qualify and Activate your Tracking Centres (TCs) and achieve 1,000 GBV on any Lower Volume Leg. Only applies to Primary TC, Cycle 1, Step 1. Qualify and Activate all of your Tracking Centre. Achieve the required Group Business Volume on any Lower Volume Leg. BONUS SUMMARY
9. 9. BONUS Q4 REPEAT SALES COMMISSION Q5 MAIN PLAN RANK ADVANCEMENT Q6 RSP RANK ADVANCEMENT WHAT YOU RECEIVE You will earn the designated RSP points from your sale to every Retail Customer or Personal Purchases of any QNET products and Repeat Sales to downlines up to 9 levels below within your network or line of referralship. RSP are automatically converted into cash. Maximise your Step Commissions up to USD 60,300 per week through growth in volume and Direct Referrals. Develop leadership skills. Increase your earnings from RSP as you expand your paid levels through Rank Advancement. As you advance in rank, your paid levels increases. WHAT IS REQUIRED Become an Active IR. Achieve the minimum Monthly RSP Maintenance of your current rank. Purchase any QNET products for personal consumption or have Retail Customers who purchase any QNET products. As you advance in rank, the amount paid per step increases, the number of weekly steps allowed increases, and the maximised weekly pay out can be achieved. Achieve the minimum monthly RSP Rank Advancement requirements from Bronze Star up to Diamond Star.
10. 10. BONUS WHAT YOU RECEIVE WHAT IS REQUIRED Q7 RSP RANK ADVANCEMENT BONUS Q8 RSP RANK MAINTENANCE BONUS Q9 NEW PROGRAMME BONUS Q10 YEAR-ROUND REWARDS Advance in Rank to Gold Star and above, to receive additional bonuses. Maintain rank from Gold Star or above to receive more bonuses. As you maintain higher rank, higher amount of bonuses can be achieved. Earn a share of QNETs global success! Each quarter, the top performers will be included in the World Performance Pool. Earn rewards, points and incentives tied to regular and ongoing product promotions and cash incentives. Achieve the minimum RSP Monthly Advancement requirements of either Gold Star, Platinum Star or Diamond Star within a Month. Achieve the minimum monthly RSP Rank Maintenance requirements of Gold Star rank or above for 6 consecutive months each to receive additional bonuses on top of your Repeat Sales Commissions. Become one of the higher achievers to be eligible to earn more bonuses from any new programme offered by QNET. Learn and achieve the requirements for promotions/ incentives.
11. 11. INDEPENDENT REPRESENTATIVE (IR) A person who has enrolled to build a business organisation by selling products and referring others. ENROL To register as an IR in the QNET business with a one-year IRship Package. ACTIVATED IR A Qualified IR who has achieved and allocated a minimum of 500 qualifying BV on each side of any of his/her Tracking Centres (TCs) through Personal Sponsorship. ACTIVE IR Any IR who achieves the minimum Monthly RSP Maintenance requirement for the IRs current Rank from his/her Retail Sale or purchases of products for personal consumption from the QNET eStore. REFERRER An IR who refers Retail Customers or Prospects by helping them to become IRs of QNET. REPEAT SALES POINTS (RSP) Repeat Sales Points or RSP are points assigned to each QNET product that an Active IR earns from the maximum of 10 Paid Levels in the RSP Plan. REPEAT SALES COMMISSION Means commissions derived from accumulated Repeat Sales Points. QUALIFIED IR An IR who has at least one Tracking Centre (TC) with the minimum qualifying 500 BV from a Retail Sale or product purchase for personal consumption. TERMINOLOGIES
12. 12. MAIN PLAN Refers to the Compensation Plan from which an IR can earn commissions/bonuses based on the achieved Group Business Volume on any Lower Volume Leg. In the Main Plan, an IR can earn Retail Profit and Step Commissions based on his/her Compensation Level. RSP PLAN Refers to the Compensation Plan from which the active IR earns Repeat Sales Commissions. In the RSP Plan, an IR can earn Retail Profit and Repeat Sales Commission derived from the RSP earned from a maximum of 10 Paid Levels, including his/her Retail Sales or Personal Purchases and the Repeat Sales to downlines up to nine levels below within his/her network or line or referralship. RETAIL CUSTOMER Someone who purchases products from QNET but does not enrol as an IR. BUSINESS VOLUME (BV) The point value of a product used to qualify Tracking Centres (TCs) and calculate Step Commissions. GROUP REPEAT SALES POINTS (GROUP RSP) RSP that an IR earns from the Repeat Sales and Personal Purchases made by his/her downlines within his/her network or line of referralship. eVOUCHER POINTS (EP) Points earned at every Step 6 of any given Commission Cycle, redeemable for products in the QNET Redemption eStore. GROUP BUSINESS VOLUME (GBV) The total BV accumulated from the IRs downline group.
13. 13. 10 WAYS TO EARN
14. 14. 1 Group Business Volume in any Lower Volume Leg (GBV) USD 50 USD 50 USD 100 Early Payout (USD) Within the first 4 weeks from IRs registration date. Within the first 6 weeks from IRs registration date. - NA - Time Frame RETAIL PROFIT Selling QNET products to your Retail Customers is the cornerstone of your business. Retail profit is the difference between the price paid by your customer and your discounted price as an IR. EARLY PAYOUT Early payout applies to an IRs Primary Tracking Centre 001, Cycle 1, Step 1 and is paid according to the Commission Schedule. Its a powerful way to get fast cash! This illustration is based on the Bronze Star Rank with compensation level of USD 200 per Step. 1,000 BV 1,000 BV 1,000 BV 2
15. 15. STEP COMMISSIONS (MAIN PLAN) Step Commissions, QNETs compensation backbone, rewards IRs for referring the QNET business and growing their network. Weekly commissions are based on volume generated by group downlines. The allowable commission amounts per Tracking Centres are determined by active rank. MAXIMUM WEEKLY STEP COMMISSION PER TRACKING CENTRE 3 BRONZE STAR STEP SILVER STAR GOLD STAR PLATINUM STAR DIAMOND STAR BRONZE STAR SILVER STAR GOLD STAR PLATINUM STAR DIAMOND STAR 3,000 BV 3,000 BV 3,000 BV 3,000 BV 3,000 BV 3,000 BV USD 200 USD 200 USD 200 USD 200 USD 200 10 EP USD 225 USD 225 USD 225 USD 225 USD 225 10 EP USD 250 USD 250 USD 250 USD 250 USD 250 10 EP USD 275 USD 275 USD 275 USD 275 USD 275 10 EP USD 300 USD 300 USD 300 USD 300 USD 300 10 EP GROUP BUSINESS VOLUME IN ANY LOWER VOLUME LEG, (BV) 1 2 3 4 5 6 RANK Payout per step Maximised steps per week Maximised payout per week USD 200 40 USD 6,800 + 60 EP USD 225 50 USD 9,450 + 80 EP USD 250 60 USD 12,500 + 100 EP USD 275 70 USD 16,225 + 110 EP USD 300 80 USD 20,100 + 130 EP RANK
16. 16. 4 REPEAT SALES COMMISSION (RSP PLAN) Earn RSP points from your Retail Sales, Personal Purchases of QNET products or Repeat Sales to downlines within your network or line of referralship up to nine levels below and earn the designated RSP points. This means you can earn up to 10 levels of RSP! You will get double RSP points when your downline (at Level 2) sells to a Retail Customer or makes Personal Purchases. Work with your downlines within your network and gain more RSP! LEVEL 1 (Personal) 2 (Double RSP) 3 4 5 6 7 8 9 10 BRONZE 50 100 50 50 SILVER 100 100 50 50 50 50 GOLD 150 100 50 50 50 50 50 50 PLATINUM 200 100 50 50 50 50 50 50 50 DIAMOND 250 100 50 50 50 50 50 50 50 50 Note: This illustration is based on products with 50 RSP each.
17. 17. RANK Personal/Retail Sales Direct Referral BV For Gold Star and above (BV must come from New or Existing or Retail Sales) BRONZE Qualified and Activated (One-time) SILVER 3 Qualified Directs minimum 500 BV OR 2 Qualified Directs with 3,000 BV each OR 150 RSP & 2 Directs with 1,000 BV each GOLD 150 RSP 500 BV PLATINUM 150 RSP 3,000 BV DIAMOND 150 RSP 5,000 BV HOW TO QUALIFY FOR HIGHER COMMISSION RATES WITH RANK ADVANCEMENT STEP COMMISSION (MAIN PLAN) RANK ADVANCEMENT With the Step Commission, you can be rewarded with up to USD 60,300 in cash plus eVoucher Points per week. As you grow and advance in rank, the amount paid per step increases, the number of weekly steps allowed increases, and the maximised weekly payout increases. It pays to grow! 5QUARTERLY RANK ADVANCEMENT REQUIREMENTS
18. 18. RANK Lower Volume Leg Group RSP BRONZE SILVER GOLD 6,000 BV per quarter OR 2 steps per quarter 1,200 RSP PLATINUM 120,000 BV per week for 8 weeks OR 40 steps per week for 8 weeks 7,500 RSP with minimum of 2 legs having no more than 4,000 RSP each DIAMOND 180,000 BV per week for 8 weeks OR 60 steps per week for 8 weeks 25,000 RSP with minimum of 2 legs having no more than 13,000 RSP each Group Performance (Direct and Indirect) Pay Out Rank Maintenance 30 downlines who will advance or maintain rank from Gold Star and above Achieve Platinum Star requirements for 2 consecutive quarters 90 downlines who will advance or maintain rank from Gold Star and above Achieve Diamond Star requirements for 2 consecutive quarters
19. 19. 6. MONTHLY RSP RANK ADVANCEMENT/MAINTENANCE TABLE We are what we repeatedly do. Excellence, then, is not an act but a habit. Aristotle Designed to complement QNETs Step Commission (Main Plan) system, the RSP system rewards active IRs up to 10 levels depending on Pay Rank: *Until further notice. RSP RANK PAY LEVELS 6RSP RANKS Main Plan Status Personal/Retail RSP Directs Performance Group RSP BRONZE 50 SILVER 100 4 Bronze or Higher OR 2 Bronze Finds 2 Bronze each GOLD Qualified and Activated 150 4 Silver or Higher AND 2 Bronze or Higher 10,000 PLATINUM Qualified and Activated 200 4 Gold or Higher AND 4 Silver or Higher Standard: 120,000 Promo*: 100,000 DIAMOND Qualified and Activated 250 4 Platinum or Higher AND 4 Gold or Higher AND 2 Silver or Higher Standard: 750,000 Promo*: 600,000 Bronze Star Silver Star Gold Star Platinum Star Diamond Star 4 Levels 6 Levels 8 Levels 9 Levels 10 Levels
20. 20. RSP RANK ADVANCEMENT BONUS This bonus is a one-time bonus paid when you achieve and advance in rank. RSP RANK MAINTENANCE BONUS MAINTAIN PAY RANK Gold Star Platinum Star Diamond Star PERIOD 6 consecutive months 6 consecutive months 6 consecutive months RANK MAINTENANCE BONUS USD 2,000 USD 6,000 USD 12,000 8 7RANK GOLD PLATINUM DIAMOND One-time Rank Advancement Bonus USD 200 USD 600 USD 1,200
21. 21. 9 10 HOW TO QUALIFY FOR LEADERSHIP COMMISSIONS NEW PROGRAMME BONUS WORLD PERFORMANCE POOL Earn a share of QNETs global success! Each quarter, the top performers will be included in the World Performance Pool. Note: Applicable to selected countries. YEAR-ROUND INCENTIVES One of the most exciting ways to earn is with special cash and business incentives for you and your organisation, periodic discounts on best-selling products and more! Interesting and meaningful promotions spark growth, fuel volume and capture the imaginations of QNET IRs within the QNET online shopping and business community.
22. 22. QNet Ltd Units G-L, MG Tower 133 Hoi Bun Road, Kwun Tong Kowloon East, Hong Kong Tel: +852 2263 9000 Fax: +852 2802 0981 Email: global.support@qnet.net www.qnet.net Copyright QNet Ltd / 2015. All rights reserved. Copyrights and/or other intellectual property rights on all designs, graphics, logos, images, photos, texts, trade names, trademarks, etc., in this publication are reserved. The reproduction, transmission, or modification of any part of the contents of this publication is strictly prohibited.