1 2 IR = RI INDEPENDENT REPRESENTATIVE = RECURRING INCOME By becoming a QNET Independent Representative, you have given yourself the unlimited opportunity of Recurring Income through repeat purchases and retail sales within a universal community! 3 UNIVERSAL Community • QNET is the world’s fastest-growing online shopping and business community. • Home to the best lifestyle products in the right business, our world-class compensation plan is the heart of your QNET career as an Independent Representative (IR). • Because our expanding universal community of customers and distributors are our most important asset, we ensure to offer the most dynamic and innovative plan in the direct selling profession. 4 UNLIMITED Opportunity • With 8 different ways to earn and up to 50% of sales paid out in commissions, QNET is a powerfully rewarding, unlimited opportunity. • The QNET borderless business opportunity means big business for you, without bounds or borders. Dream big, act with purpose and passion. The rewards will follow! • Whether you want to enhance your life through great products, to achieve financial freedom to support your family, to travel the world, to get more out of life… your opportunity with QNET is unlimited. 5 Your journey through the universal community to achieve unlimited opportunity. START HERE DO THIS Enrol, Qualify Tracking Centres & Activate your account • • • • Sponsor IRs who BUILD and Retail Customers who BUY Maintain your own activity and quarterly requirement Be a loyal satisfied user of your own products and services 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 I START? 7 GETTING STARTED IS SIMPLE 1 2 3 4 Enrol Qualify Activate Maximise 8 Enrol • Enrol online through www.qnet.net • Pay for your one-year IRship Package (USD 30) Online Business Planner & Product Portfolio Access to your Virtual Office Access to 3 eStores Business, marketing, and eCommerce tools • Receive three (3) Tracking Centres upon enrolment. These are the foundations of your placement tree. 9 Annual IRship Package • Pay for the Annual IR-ship Package worth USD30 for the continuous access to and maintenance of the following services: Access to your Virtual Office Updated Product Portfolios Access to virtual Stores Business, marketing tools • The Annual Renewal fee is payable on the anniversary date of an IR Account 10 Qualify • Qualify at least one of your Tracking Centres with 500 qualifying BV each by selling products to a Retail Customer or making a Personal Purchase. Tracking Centre 001 is now qualified with 500 BV. Extension 002 and 003 are not yet Qualified. 11 Activate • To Activate means a Qualified IR directly refers at least one (1) Qualified Direct Referral per side of any of his/her Tracking Centres. • There are two ways to activate: 1. Personal Sponsorship 2. Combining BV from Personal Purchase, directly referred Qualified Referral’s purchase and directly referred Retail Customer’s Purchase Special Launch Promo! Self-Activation will be allowed. 12 Activation Method #1 Personal Sponsorship Place one (1) Qualified Direct Referral under each side of any of your Tracking Centres. 13 Activation Method #2 Combination: Personal Purchase + Directly Referred Qualified IR’s Purchase + Directly Referred Retail Customer’s Purchase The combination of BV from Personal Purchase, Directly Referred Qualified IR’s Purchase and Directly Referred Retail Customer’s Purchase allocated to each of the three Tracking Centres. 14 Self Activation* Qualify Tracking Centres 001, 002 and 003 from retail sales or Personal Purchase. All products are personally purchased by the IR. All products are purchased by the Retail Customer but corresponding BV is allocated to Referrer’s TCs. *Special Launch Promo! 15 Maximise Move to action as you build and lead an organisation of people who share the same dreams and goals as you. By progressing through the QNET Star Ranks, you can maximise earnings and enjoy a richer and fuller lifestyle as a member of the growing QNET universal community. 16 17 Q1 Retail Profit Your Retail Profit • Selling QNET products directly to your Retail Customers is the cornerstone of a solid foundation for your business. • When you refer a Retail Customer who purchases from the Company, you receive the Retail Profit, which is the difference between your customer’s Retail Price and your discounted price as an IR. Price paid by Retail Customer Your Price 18 Q2 Repeat Sales Points • From every sale of repeat products to Retail Customers or Direct Referrals, 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). • Repeat Sales Points are automatically computed and you can easily manage them in your Virtual Office. 19 Direct Referrer Level III Receives Repeat Sales Points Direct Referrer Level II Receives Repeat Sales Points Repeat Sales Points Direct Referrer Level I Receives Repeat Sales Points IR or Retail Customer Purchases Products 20 Repeat Sales Points (RSP) • Definition: Points earned from repeat sales which are convertible either into Cash or BV. • An Active IR earns RSP by selling products from the QNET Repeat eStore to Retail Customers or from Personal Purchases of their sponsored Downlines as deep as three levels. • Points not converted into BV will be automatically converted into cash if not redeemed within six (6) months. • BV converted from RSP is credited to the IR’s BV Bank. It is used to qualify a TC and counts in GBV for Step Commission calculation. 21 Definitions & Rules RSP Conversion to Cash and BV RSP Cash equivalent* BV equivalent 60 USD 10 20 BV 300 USD 60 160 BV 600 USD 150 420 BV 1,000 USD 300 900 BV *RSP will automatically be converted into cash after two (2) quarters and directly credited to the Q Account (QA). Any remaining RSP will be calculated into USD using a proportion rate based on 60 RSP. 22 Before Compression After Compression Compression Creates Excitement! When an IR misses the quarterly requirement, active IRs from below temporarily move up to replace them. IR Quarterly Requirement Achieved? Yes = Active IR QNET pays producers! 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 Q3 Early Payout The Early Payout applies only to Primary TC 001, at Cycle 1, Step 1 and is paid according to the following Commission Schedule. It’s a powerful way to get fast cash! Lower-Volume Leg Early Payout Time Frame 1,000 BV USD 50 IR must achieve the required lower-volume leg within the first 4 weeks from IR's registration date 1,000 BV USD 50 IR must achieve the required lower volume leg within the first 6 weeks from IR's registration date 1,000 BV USD 100 N/A This illustrates Early Payout to IR under Bronze Star Rank. 24 The illustration shows Step 1 of the Step Commission and how Early Payout is earned (totaling USD 200). Qualified and Activated IR A earns USD 50 (1000 BV on lower-volume Leg) Qualified and Activated IR A earns USD 50 (another 1,000 BV on lowervolume Leg) Qualified and Activated IR A earns USD 100 (another 1,000 BV on lowervolume Leg) STEP 1 ends and STEP 2 begins Step 1 : 3,000 BV on lower-volume Leg 25 Q4 First Purchase Profit As a Referrer, you will receive the First Purchase Profit from the qualifying retail sale/purchase made by your new personally sponsored IR. 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 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), 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. Note: IR must be Qualified and Activated to earn Step Commissions. STEP 1 ends and STEP 2 begins Qualified and Activated IR A earns USD 200 (another 3,000 BV on lowervolume Leg) STEP 2 ends and STEP 3 begins 27 Enhanced Step Commission Chart Step Business Volume (BV) Rank Lower-Volume Leg (BV) Bronze Star Silver Star Gold Star Platinum Star Diamond Star 1 3,000 BV USD 200 USD 225 USD 250 USD 275 USD 300 2 3,000 BV USD 200 USD 225 USD 250 USD 275 USD 300 3 3,000 BV USD 200 USD 225 USD 250 USD 275 USD 300 4 3,000 BV USD 200 USD 225 USD 250 USD 275 USD 300 5 3,000 BV USD 200 USD 225 USD 250 USD 275 USD 300 6 3,000 BV 10 EP 10 EP 10 EP 10 EP 10 EP *EP stands for eVoucher Points, which are used to redeem products in the QNET Redeem Store. Please refer to Income Disclaimer 28 Weekly Maximised Step Commission per TC Rank Payout per step Maximised steps per week Maximised payout per week Bronze Star Silver Star Gold Star Platinum Star Diamond Star USD 200 USD 225 USD 250 USD 275 USD 300 40 50 60 70 80 USD 6,800 +60 EP USD 9,450 +80 EP USD 12,500 +100 EP USD 16,225 +110 EP USD 20,100 +130 EP 29 Q6 Rank Advancement Bonus With Rank Advancement in the Step Commission, you can be rewarded with up to USD 60,300 in cash plus eVoucher Points each 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 can be achieved. It pays to Grow! 30 Quarterly Rank Advancement Requirements No CRIT ERIA 1 Personal Business Volume, BV 2 Steps earned DEFINIT ION/REMARKS BV achieved from the purchases/retail sales from the Repeat Estore Number of Steps earned from 14 April 2012 onwards. BRONZE ST AR SILVER ST AR GOLD ST AR PLAT INUM ST AR Diamond Star N/A N/A 60 60 60 N/A N/A 2 This is a one time requirement to be achieved in Gold Star Rank 3 Number of Qualified Direct Referrals Number of new Qualified direct Referrals from 14 April 2012 onwards. N/A 3 This is a one time requirement to be achieved in Silver Star Rank 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. N/A N/A 200 600 1,200 5 BV from new Direct Referrals, 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 1,500 N/A N/A 1,000 15,000 50,000 N/A N/A N/A 30 90 N/A N/A N/A 120,000 BV per week for 8 weeks 180,000 BV per week for 8 weeks N/A N/A N/A Achieve Platinum Star requirements for 2 consecutive Quarters Achieve Diamond Star requirements for 4 consecutive Quarters Your BV achieved/earned from the Repeat Sales made by the Downlines under your lines of Referralship. For Gold Star Rank: 1,000 GRBV from the Repeat Sales within your network. 6 Group Repeat Business Volume , GRBV For Platinum Star Rank: 15,000 GRBV with no more than 7,500 GRBV coming from each direct line of Referralship. This means that 15,000 GRBV must come from at least 2 or more direct Referral lines For Diamond Star Rank: 50,000 GRBV with no more than 12,500 GRBV coming from each direct line of Referralship. This means that 50,000 GRBV must come from at least 4 or more direct Referral lines 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 8 Lower Volume Leg, BV For Platinum Star Rank : Achieve 120,000 BVs per week on Lower Volume Leg for 8 weeks within a Quarter. For Diamond Star Rank: Achieve 180,000 BVs per week on Lower Volume Leg for 8 weeks within 1 Quarter To become Platinum Star - From Gold Star rank, achieve Platinum Star requirements for 2 consecutive Quarters and become a Platinum Star from the beginning of the next Quarter. 9 Pay-out Rank Maintenance To become Diamond Star - From Platinum Star rank, achieve Diamond Star requirements for 4 consecutive Quarters and become a Diamond Star from the beginning of the next Quarter. 31 Quarterly Rank Maintenance Requirements No CRITERIA 1 Personal Business Volume, BV 2 Steps earned DEFINITION/REMARKS BV achieved from the personal purchases/retail sales from the Repeat E-store Number of Steps earned from 14 April 2012 onwards. BRONZE STAR SILVER STAR GOLD STAR PLATINUM STAR Diamond Star N/A N/A 60 60 60 N/A N/A 2 This is a one time requirement to be achieved in Gold Star Rank 3 Number of Qualified Direct Referrals Number of new Qualified direct Referrals from 14 April 2012 onwards. N/A 3 This is a one time requirement to be achieved in Silver Star Rank 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. N/A N/A 200 600 1,200 5 BV from new Direct Referrals, 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 1,500 N/A N/A 1,000 15,000 50,000 N/A N/A N/A 30 90 N/A N/A N/A Your BV achieved/earned from the Repeat Sales made by the Downlines under your lines of Referralship. For Gold Star Rank: 1,000 GRBV from the Repeat Sales within your network. 6 Group Repeat Business Volume , GRBV For Platinum Star Rank: 15,000 GRBV with no more than 7,500 GRBV coming from each direct line of Referralship. This means that 15,000 GRBV must come from at least 2 or more direct Referral lines For Diamond Star Rank: 50,000 GRBV with no more than 12,500 GRBV coming from each direct line of Referralship. This means that 50,000 GRBV must come from at least 4 or more direct Referral lines 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 8 Lower Volume Leg, BV For Platinum Star Rank : Achieve 120,000 BV per week on Lower Volume Leg for 8 weeks within a Quarter. 120,000 BV per week 180,000 BV per week for 8 weeks for 8 weeks For Diamond Star Rank: Achieve 180,000 BV per week on Lower Volume Leg for 8 weeks within 1 Quarter 32 Maximised Earnings Rank Qualifications Weekly Maximised Cash* Bronze Star • Tracking Centres must be Qualified and Account must be Activated** Up to USD 20,400 / week (USD 6,800 / TC / week) Silver Star** • 3 Qualified Direct Referrals *** Up to USD 28,350 / week (USD 9,450 / TC / week) Gold Star** • • • • • Up to USD 37,500 / week (USD 12,500 / TC / week) Earn 2 Steps **** Retail sales/personal purchase of 60 BV/quarter Achieve 200 Repeat Sales Points (RSP)/quarter Achieve 500 BV from new Direct Referral(s)/quarter Achieve 1,000 BV in Group Repeat Business Volume/quarter *Based on 3 Tracking Centres maximising. **IR Tracking Centres must be Qualified and accounts Activated to advance to any rank beyond Bronze Star. ***One-time requirement, already earned in the Silver Star rank. ****One-time requirement, already earned in the Gold Star rank. 33 Maximised Earnings (Platinum Star) Rank Qualifications Platinum Star** • • • • • • • • • Retail sales/personal purchase of 60 PBV/quarter Must achieve 2 steps. Must have 3 Qualified Direct Referrals. Achieve 600 Repeat Sales Points (RSP)/quarter Achieve 1,000 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 120,000 BV in the Lower Volume Leg per week for 8 weeks Maintain Platinum Star requirements for 2 consecutive quarters. Weekly Maximised Cash* Up to USD 48,675 / week (USD 16,225 / TC / week) *Based on 3 Tracking Centres maximising. **IR Tracking Centres must be Qualified and accounts Activated to advance to any rank beyond Bronze Star. 34 Maximised Earnings (Diamond Star) Rank Qualifications Weekly Maximised Cash* Diamond Star** • • • • • • Up to USD 60,300 / week (USD 20,100 / TC / week) • • • Retail sales/personal purchase of 60 PBV/quarter. Must achieve 2 steps. 3 Qualified Direct Referrals. Achieve 1,200 Repeat Sales Points (RSP)/quarter Achieve 1,500 BV from New Direct Referral(s)/quarter Achieve 50,000 BV in Group Repeat Business Volume/quarter 90 Indirect Referrals with new Rank Advancement from Silver Rank upwards/quarter Achieve 180,000 BV in the Lower Volume Leg per week for 8 weeks Achieve Diamond Star requirements for 4 consecutive Quarters *Based on 3 Tracking Centres maximising. **IR Tracking Centres must be Qualified and accounts Activated to advance to any rank beyond Bronze Star. 35 Maximising Step Commissions As a global leader in direct selling, QNET pays up to USD 300 per step at the Diamond Star Rank! 36 Q7 Year-Round Rewards • • • • Special Cash Incentives Discounts on Best-Sellers Fun and Exciting Promotions eVouchers for Product Redemption There’s always something fresh, new, and fun with Year-Round Rewards! 37 Q8 Travel Incentives QNET celebrates milestones and leadership with travel awards. Annual Reward Trips Platinum Star Fly-In* As a new QNET Platinum Star IR, you qualify for the VIP Tour at corporate headquarters, including free airfare and hotel accommodations for top-level leadership training. Diamond Star Award Travel* Qualifying QNET Diamond Star IRs will enjoy an all-expense-paid trip for two to an exciting destination announced annually. Leadership Celebration* Diamond Star IRs and Platinum Star IRs enjoy an exclusive leadership celebration in elite settings that inspire and connect the leadership team. * 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. Activated IR A Qualified IR who has placed at least one Qualified Direct Referral on each side of any of his/her Tracking Centres. Enrol To register as an IR into the QNET business and pay the USD 30 one-year IRship Package. Independent Representative (IR) A person who has enrolled to build a business organisation by selling products and sponsoring others. Qualified IR An IR who has at least one (1) Tracking Centre with the minimum qualifying 500 BV. 39 Terminology & Rules – Volume and Points Referrer An IR who refers Retail Customers or other IRs by helping them to become Independent Representatives of QNET. Business Volume (BV) The point value of a product used to qualify TCs and calculate step commissions. eVoucher Points (EP) Points earned at every Step 6 of any given Commission Cycle, redeemable for products. Group Repeat Business Volume BV earned from repeat sales made to your lines of referralship or within your network. Repeat Sales Points (RSP) Points earned from repeat sales/personal purchases, made by your 3-level direct referrals which are convertible into Cash or BV. 40 Terminology & Rules – Key Concept Compression When an IR does not meet the quarterly requirement of 60 BV, Active IRs below that IR will move up to temporarily fill his/her position for commission purposes. 41
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