Friday, February 9, 2007

Money from Retail Bonus

There is money starting at the early stage of the business.

The first calculation of income is the RETAIL BONUS INCOME

To earn Retail Bonus you must have achieved C50 level in the same period of the bonus month. Club 50 is the first business level in the compensation plan. It is the easiest level to achieve. Anyone who has a bit of ambition to make some extra money can do it.

All it need to achieve Club 50 is to have a total group volume of 50 global points. This is easily made up of your own personal volume of 30 global points and the points from all your downline member/s.

(For definition please check out at http://tipsonbusinessbuilding.blogspot/definition.com)

At Club 50 you wull be able to earn retail bonuses when you
i. retail products from the shopping at home catalogue.
ii. purchases for your own consumption
iii. purcahses of all down line members directly under you and all the direct down lines under them who are lesser than a Club 50 until the 1st downline C50 but not including the 1st downline C50 member.
iv. Servicing any downline member provided you put yourself as a "retail or servicing" member when you are placing the order.

The following percentages are: -
Household products 12 % of BV
Beauty products 25 % of BV
Wellness products 38% of BV

(Explanation on BV. BV means Bonus Value. It is the amount of money paid out through the compensation plan. It is converted into the currency of the country the member is operating the Omegatrend business. The conversion is 1 Global Point to $3.25 Bonus Value for Singapore, 3.25 for Australia, RM 4.95 for Malaysia)

Singapore SGD$3.25
Malaysia RM 4.95
Australia AUD$3.25
New Zealand).

For Example:

Alpha Lipid Life Line 11.95 global points, the bonus value is $38.85
Your Retail Bonus is 38% on $38.85 = $14.76

Another example:

If your total retail volume is 80 global points.
Your income is 80 x 3.25 x 38 % = $98.80 (assuming all the products you retail were wellness products).

The more you retail the greater your income potential.
If your total retail volume is 150 or more you earn additional income called the RETAIL VOLUME INCOME. (refer to the next post)

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