Embed
Email

Eight ways to earn income Important Terms Beginning Steps Syntek

Document Sample
Eight ways to earn income Important Terms Beginning Steps Syntek
Shared by: Roberto Rossi
Categories
Tags
Stats
views:
1
posted:
11/12/2011
language:
English
pages:
9
Syntek Global Compensation Plan

Syntek Global rewards our valued distributors with the Compensation Plan. To begin building your team, simply

best compensation plan in network marketing by creating sponsor two distributors to reach the Pro rank level and

a dual commission system to maximize earning potential. then help others on your team do the same.

There are eight ways to earn income through Syntek’s







Beginning Steps

1. Secure a distributor position in the Binary Tree by 2. Sign up for a monthly AutoShip (Recommended but not

enrolling as a new distributor for $49. Begin your required). An AutoShip is a convenient way to receive

distributorship by purchasing a Fast Start Kit product on a monthly basis and meet the minimum PV

(recommended but not required). Fast Start Kits requirement.

provide the necessary tools to become a successful 3. Personally sponsor one new distributor on both your left

distributor. and right legs to become ‘Qualified’ for commissions.







Important Terms

• PV: The distributor’s personal volume which is gener- • Qualified Distributor: One who is ‘Active’ (generates a

ated by your personal purchases, your retail customer’s minimum of 50 PV) and has personally sponsored one

purchases, or a combination of both. distributor on both your left and right legs who remain

• GV: The distributor’s group volume which is generated ‘Active’. To receive Team Commissions a distributor must

by all purchases in your organization (team). be both ‘Active’ and ‘Qualified’.

• Active Distributor: One who generates a minimum of 50 PV • Customer: One who purchases directly from a

each month. This can be achieved by personal purchases, distributor or a distributor’s website.

your customers purchases, or a combination of both.







Eight ways to earn income

1. Preferred Customer Commissions 5. Build-A-Pro Bonus

2. Team Commissions 6. Ruby MVP Bonus

3. MVP Check Match Commissions 7. Leadership Bonus Pools

Sponsorship Bonus Pool

4. Fast Start Bonuses

Pro Team Bonus Blue Diamond Leadership Pool

MVP Power Team Bonus

8. Multiple Business Centers

Infinity Bonus









Effec tive J uly 2, 2009 1

Fast Start Kit

The Syntek Compensation Plan encourages all new sampling into a new distributor’s hands at a reduced price

distributors to purchase a Fast Start Kit. These kits provide so that they can experience the product themselves and

the necessary tools to become a successful distributor. begin promoting their business to others. To meet your

The Fast Start Kits are discounted to the new distributor needs, there are two Fast Start Kits to choose from: The

and include product, information, sales and motivational MVP Business Builder Kit and the Pro Starter Kit. (Refer to

tools, brochures, enrollment fee, and personal website the Distributor Price Sheet for a list of products contained

activation. Purchasing a Fast Start Kit qualifies the new in each kit.) The distributor who purchases the MVP

distributor for all commissions available to them in the first Business Builder Kit and signs up for the MVP AutoShip

month including: preferred customer commissions, team qualifies for the Infinity Bonus program and also qualifies to

commissions, MVP Check Match, and bonuses. The Fast be grandfathered for six months in the MVP Check Match

Start Kit program is the perfect way to get initial product commission program.



Fast Start Kit: Distributor Cost Fast Start Bonus Infinity Bonus



MVP Business Builder Kit: (150)......................................$549........................................................................$100................................................................................$200

Pro Starter Kit: (50 PV)............................................................$149..........................................................................$25...................................................................................$50







Distributor Autoship

The AutoShip Program (recommended but not required) generate a minimum of 50 PV and personally sponsor an

is the easiest way to qualify each month for commissions active distributor on both your left and right legs. The Pro

and take full advantage of the compensation plan. The AutoShip is remarkably low priced at $60, and generates 50

convenience of the Syntek ‘AutoShip’ program benefits PV to meet this requirement. As your business matures, the

both retail customers and distributors by allowing them compensation plan continues to help generate income by

to place a recurring monthly order. It’s simple and adding the MVP Check Match portion of the compensation

convenient. Your product will be delivered to you on a plan. To qualify for the MVP Check Match a distributor must

regular basis at the wholesale price. To qualify for the team have a minimum of 100 PV. The MVP AutoShip for $120

commission portion of the compensation plan you must meets this 100 PV requirement.



AutoShips Price PV



MVP AutoShip:....................................................................................................................................................................$120................................100

(Qualifies for total compensation plan including MVP Check Match and all bonus programs



Pro AutoShip:.........................................................................................................................................................................$60....................................50

(Qualifies for team commissions and preferred customer commissions)



Retail Bonus AutoShip:................................................................................................................................................$29.95...................................25

(Qualifies for preferred customer commissions only)







1. Preferred Customer Commissions

A distributor who is enrolled in the minimum Retail Bonus commission on all orders placed by their personally

AutoShip for $29.95 earns 25% commission each month on sponsored customers and also earns 10% team

personally sponsored customer purchases. A distributor commissions on the GV generated from all retail

who is ‘active’ (minimum 50 PV) and ‘qualified’ earns 25% customers in their organization.



Effec tive J uly 2, 2009 2

Binary Tree

Black: Personally Sponsored

Distributors You 100 PV

Green: Team Distributors

50 PV 100 PV





100 PV 150 PV





250 PV 50 PV 100 PV





50 PV 150 PV





Total GV: 600 Total GV: 500

(Greater Leg) (Lesser Leg)









2. Team Commissions

Team Commissions from sales are the fundamental building on your lesser volume leg and begin when 300 accumulated

block of the Syntek Compensation Plan. The team commissions GV (group volume) is reached in a monthly cycle. Any unpaid

portion of the plan is binary. The term binary means that you group volume less than 300 for the month carries over to the

will be placed in one of two legs (left or right) in your sponsor’s following monthly cycle to be paid when 300 accumulated

organization. You will then be compensated based on the GV is met. Team commissions are limited to a cap of $40,000

success of building two distributor legs of your own. Your per monthly cycle, per business center. (See Section 8.

sponsor (or anyone else in your upline) may also place people Multiple Business Centers)

in your organization. Recruiting retail customer sales is an

important component to building distributor success. In the diagram example you are active with 100 PV. You are

also qualified because you have a personally sponsored

If you and at least one personally sponsored distributor on distributor on your left leg who is active with 50 PV and a

your left and right legs are active with a minimum of 50 PV, personally sponsored distributor on your right leg who is

you qualify for 10% commissions on the total GV of your lesser active with 100 PV. Therefore you qualify for 10% in team

volume leg. (Your own PV counts towards the total GV in your commissions* from your lesser volume leg which in this

lesser volume leg.) Team commissions are calculated monthly. example equates to $50 (10% of 500 GV). Your own PV is

always allocated to the lesser volume leg. * Equates to earning

Calculating Team Commissions: Team commissions are paid 5% of the balanced volume from both your left and right legs.







3. MVP Check Match Commissions

Each personally sponsored distributor in the Binary Tree seven generations deep of MVP ranked distributors in your

is then reflected as a new leg in your Enrollment Tree on Enrollment Tree legs (a generation ends and another begins

which commissions can be earned again. To qualify to the when a qualified MVP is found in a leg, regardless of depth).

Enrollment Tree phase of the compensation plan, called the The number of Enrollment Tree legs can be unlimited.

MVP Check Match, you must generate a minimum of 100 Therefore, to maximize your income, continue advancing to

PV. This program allows you to earn a percentage of the higher MVP ranks by personally sponsoring more distributors

team commissions paid to all the distributors you personally which create more Enrollment Tree Legs on which you can

sponsor, the distributors they sponsor, and so on up to earn an MVP Check Match.



Effec tive J uly 2, 2009 3

Enrollment Tree



You

Ruby MVP



You



P1 P2 P3 P4

Pearl

P5

S. Pro

P6

G. Pro

Pro







A B C

S. Pro D E F G H I

G. Pro Pearl Pro Jade Pearl Pearl S. Pro







J

S. Pro K L M N O

Pearl Pro







P

Pearl Q R

Sapphire







S

Pro

T

Pro

U

Pearl



Executive Ranks Generations Paid

V W

G. Pro

Pearl 1



Jade 2

X

Jade

Sapphire 3



Ruby 4 Y

Pearl

Green = 1st generation distributors

Black = 2st generation distributors Emerald 5

Orange = 3rd generation distributors Z

Pro

Blue= 4th generation distributors Diamond 6

Red = 5th generation distributors

Blue Diamond 7









Each personally sponsored distributor in the Binary Tree is then reflected as a new leg in your Enrollment Tree on

which commissions can be earned again.



The above diagram was created to help you understand ExAMPLES:

the MVP Check Match program. In this example, you are a • On the personal enrollment tree leg that begins with P6,

qualified Ruby MVP (four personally sponsored enrollment you would earn an MVP Check Match through Y because

tree legs that include a qualified Silver Pro or above), which that is the end of the 4th generation MVP on that

enables you to earn an MVP Check Match through four particular leg. To be paid deeper on this leg, allowing you

generations of MVP’s on each of your six personal enrollment to be paid through Z, you would need to advance to the

tree legs. rank of Emerald MVP, which would allow you to be paid

through five generations of MVP’s.

The first generation MVP ends in a particular leg once a

qualified MVP in found. The second generation MVP ends • On the personal enrollment tree leg that begins with P5,

when the next MVP is found on that particular leg and you would earn an MVP Check Match through E and F,

so on - up to 7 generations of MVP’s. and that would end your first generation. On enrollment

tree leg P3, P would end your first generation of MVP’s.

To maximize your earnings with the Syntek MVP Check Match

program, you should strive to reach our highest MVP ranks by • On the personal Enrollment Tree leg beginning with P1

sponsoring and supporting as many personal enrollment tree and P2, no MVP exists, therefore, everyone in these two

legs as possible. legs are considered 1st generation.



Effec tive J uly 2, 2009 4

4. Fast Start Bonuses

All Fast Start Bonuses are calculated from the 3. Infinity Bonus

Enrollment Tree.

Each of your ‘MVP Power Team’ (third, fourth, fifth, etc.

When a new distributor purchases a Fast Start Kit the personally sponsored) members will now start building

sponsoring distributor receives a Fast Start Bonus and the their personal ‘Pro Teams’ by sponsoring their first two team

qualifying upline distributor receives an Infinity Bonus. The members. Earn an Infinity Bonus on all these Pro Team

corresponding PV of the Fast Start Kit is also allocated to GV. members that purchase a Fast Start Kit down your MVP Power

Team legs, infinitely deep.



1. Pro Team $200 bonus for the purchase of an MVP Business Builder Kit

Your ‘Pro Team’ is created by the first two team members you $50 bonus for the purchase of a Pro Starter Kit

personally sponsor in your Enrollment Tree.

Once the Pro Team members start building their own MVP

Pro Team Bonus Power Team by personally sponsoring their third, fourth, fifth,

Earn a ‘Pro Team Bonus’ when these first two team members etc. distributor, they then qualify for the MVP Power Team

order a Fast Start Kit. Bonus as well as the Infinity Bonus as they help their MVP

Power Team build their own Pro Teams.

$100 bonus for the purchase of an MVP Business Builder Kit

Qualifications for the Pro Team and MVP Power Team

$25 bonus for the purchase of a Pro Started Kit

Bonuses - A distributor must be active currently or active

during the previous month by generating a minimum of 50 PV.



2. MVP Power Team Qualifications for the Infinity Bonus - A distributor must

Your ‘MVP Power Team’ is created by your third, fourth, fifth,

be active currently or active during the previous month by

etc. personally sponsored team members in your Enrollment

generating a minimum of 100 PV.

Tree.

A distributor who enrolled by purchasing a Pro Starter Kit

MVP Power Team Bonus may upgrade to a MVP Business Builder Kit to qualify for the

Earn an ‘MVP Power Team Bonus’ when these members order infinity bonus.

a Fast Start Kit.

Pro Team, MVP Power Team and Infinity Bonuses are paid

$300 bonus for the purchase of an MVP Business Builder Kit weekly. Any bonus earned during a given week will be paid

$75 bonus for the purchase of a Pro Starter Kit the following Friday.









Effec tive J uly 2, 2009 5

Infinity Bonus Graph



You







Your MVP

Your Pro Team Power Team





Bill Jane John Sue









John’s MVP

Bill’s Pro Team John’s Pro Team Power Team



Kate Jim Sam Joe Kim









Sam’s MVP

Sam’s Pro Team Power Team





Jill Dave Ted







Your Pro Team is created by the first two distributors you which make up his Pro Team. Sam and Joe each purchase

personally sponsor. Once the Pro Team is built, you’re ready to an MVP Business Builder Kit. You earn an Infinity Bonus of

build your MVP Power Team. Your MVP Power Team consists of $200 from Sam’s Fast Start Kit purchase and another $200

your third, fourth, fifth, etc. personally sponsored distributors. from Joe’s Fast Start Kit purchase. Sam then sponsors Jill

Just as your first two personally sponsored distributors and Dave which make up his Pro Team. Again you earn

become your Pro Team, everyone in your MVP Power Team’s first an infinity Bonus of $200 each from Jill and Dave’s Fast

two sponsored distributors become part of your MVP Power

Start Kit purchase.

Team. This creates the powerful nature of the Infinity Bonus.

• John and Sam both sponsor their third distributors, Kim

The Pro Team Bonuses and MVP Power Team Bonuses

and Ted which begin their respective MVP Power Teams.

generate immediate income, while the Infinity Bonus offers

continual earning potential. When Kim sponsors her first distributor, John earns a $200

Infinity bonus. When Ted sponsors his first and second

ExAMPLES: distributors, Sam earns a $200 Infinity Bonus for each

(Based on each distributor purchasing an MVP Business Builder Kit.) distributor.



• You begin your MVP Power Team by sponsoring your • The Fast Start Infinity Bonuses from Bill’s and Jane’s Pro

third distributor John. John then sponsors Sam and Joe Teams are paid to your qualifying upline distributor.









Effec tive J uly 2, 2009 6

5. Build-A-Pro Bonus

Sponsoring new distributors and helping them do the same time one of your personally sponsored distributors reaches

is key to building volume in your organization. Qualified the Pro rank. (Pro = one personally sponsored and active

distributors that generate at least 100 PV may participate distributor on both of their left and right legs)

in the Pro Sponsor Bonus. You receive a $25 bonus each







6. Ruby MVP Bonus

Distributors that reach and maintain the Ruby MVP level for four consecutive months qualify for a one time $1,000 bonus.







7. Leadership Bonus Pools

Sponsorship Bonus Pool Blue Diamond Leadership Pool

Syntek reserves 1% of the company’s total group volume, Syntek reserves 1% of the company’s total group volume

in a one month cycle, for our distributors who have

during each monthly cycle for our Blue Diamond MVP

personally sponsored four new distributors or more who

have purchased a Fast Start Kit during that month. You distributors with at least 100 PV. As a qualified Blue

must be a qualified Pro with 100 PV to qualify for this bonus Diamond, you can earn a share in this pool for each of your

pool. 1 share is earned in the pool for each new distributor personal Enrollment Tree Legs that contain a distributor with

sponsored. Each month, 1% of the company’s total GV is

the ‘paid as’ rank of Ruby MVP or above. The more personal

divided amongst qualifying distributors according to their

shares earned in this pool. Enrollment Tree legs you create that contain a distributor

with a ‘paid as’ rank of Ruby MVP or higher the more shares

ExAMPLES:

you earn in our Blue Diamond Leadership Pool. Each month,

• $10,000,000 total company GV at 1% = $100,000

• 40 distributors with a total of 200 shares in pool 1% of the company’s total GV is divided amongst qualifying Blue

• Each share is worth $500 ($100,000 divided by 200) Diamond MVPs according to their shares earned in this pool.

• The distributor who sponsored four new distributors

(4 shares) would earn a $2,000 bonus; the distributor

who sponsored 6 new distributors (6 shares) would

earn a $3,000 bonus.









8. Multiple Business Centers

A Business Center is your personal Binary Tree. As your volume leg of their initial business center reaches $400,000.

Binary Tree grows, you can earn a maximum of four business A third and fourth business center is awarded when the

centers - your initial center plus three additional centers. GV of the previous business center’s lesser volume leg also

(PV is only required on one business center.) Each business reaches $400,000. Only one greater leg of a minimum

center potentially earns $40,000 per monthly cycle in team 400,000 volume is required allowing you to build 4 lesser legs

commissions from the lesser volume leg. Distributors are of 400,000 or more. You must maintain a Blue Diamond MVP

awarded a second business center when the GV in the lesser rank to earn commissions on multiple business centers.









Effec tive J uly 2, 2009 7

Ranks Qualifications Earning Potential

Pro Ranks

Personally active and qualified (personally sponsor two distributors who remain

Pro active)





$500 Monthly

Silver Pro 500 GV in your lesser volume for the month

Earning Potential





$750 Monthly

Gold Pro 1,000 GV in your lesser volume for the month Earning Potential





MVP Ranks Eligible Generation Check Match



2,000 GV in your lesser volume leg for the month and a minimum of one $1,000 Monthly

Pearl personal Sponsorship Tree leg that includes a qualified Silver Pro or above 1 Earning Potential





5,000 GV in your lesser volume leg for the month and a minimum of two

$2,500 Monthly

Jade personal Sponsorship Tree legs that include a qualified Silver Pro or above 2 Earning Potential

in each leg



10,000 GV in your lesser volume leg for the month and a minimum of

$5,000 Monthly

Sapphire three personal Sponsorship Tree legs that include a qualified Silver Pro 3 Earning Potential

or above in each leg



20,000 GV in your lesser volume leg for the month and a minimum of

$10,000 Monthly

Ruby four personal Sponsorship Tree legs that include a qualified Silver Pro or 4 Earning Potential

above in each leg.



30,000 GV in your lesser volume leg for the month and a minimum of five

$15,000 Monthly

Emerald personal Sponsorship Tree legs that include a qualified Silver Pro or above 5 Earning Potential

in each leg.



40,000 GV in your lesser volume leg for the month and a minimum of six

$20,000 Monthly

Diamond personal Sponsorship Tree legs that include a qualified Silver Pro or above 6 Earning Potential

in each leg.



50,000 GV in your lesser volume leg for the month and a minimum of

Blue Unlimited Monthly

Diamond

seven personal Sponsorship Tree legs that include a qualified Silver Pro 7 Earning Potential

or above in each leg.





*Distributors must be personally active and qualified to advance any rank. The ranks from Silver Pro to Blue Diamond MVP are

maintained by the volume over a monthly cycle in the distributors lesser leg.



All references to income, implied or stated, through the Syntek Dual Pay Compensation Plan are for illustration purposes only.

Syntek does not guarantee any level of income or earnings to any distributor. Earnings from the compensation plan solely

depend on each distributor’s skill, ability, and personal application.



Effec tive J uly 2, 2009 8

Questions & Answers

Q. When does the commission cycle end? unpaid volume rolls over to the following month as

long as you remain active.

A. The commission cycle ends on the last day of each

calendar month at midnight (MST) Q. If I become inactive by not meeting the minimum

requirement of 50 PV during the month, what

Q. When are commissions paid? happens to my volume?

A. All commissions are paid within ten days after the A. All accumulated GV will be reset to zero. Once you

end of the month. reactivate by generating 50 PV during a month,

you will once again accumulate GV as products are

Q. Does the company payout a specific commis- purchased in your downline organization.

sion percentage?

Q. Can my distributorship ever be cancelled due to

A. Yes, Syntek Global pays 52% of total GV every inactivity?

commission cycle.

A. If the minimum 50 PV requirement has not been reached

Q. What happens to unpaid volume from my team for 6 consecutive months, your distributorship will be

commissions? cancelled and you will be reclassified as a customer only.



A. All volume on both your left and right legs that was

used to pay out commissions is deducted and any









Important Terms

PV: The distributor’s personal volume which includes MVP CheCK MATCh: This is the second phase of the

personal purchases and retail sales. compensation plan where you earn a percentage of the

team commissions paid to all the distributors in your

GV: The group volume which is generated by all purchases in enrollment tree.

your organization (team).

ReTAIl CuSTOMeR: A non-distributor who purchases

ACTIVe: A distributor who generates 50 PV each month from

products for their own consumption.

personal purchases, retail sales, or a combination of both.



QuAlIFIeD: A distributor is eligible to earn commissions. BuSIneSS CenTeR: Where you personally place distributors

The distributor must generate 50 PV and have at least one and build your business in the binary tree.

personally sponsored, active distributor on both your left

and right legs. GeneRATIOn: The line of sponsorship between distributors

who qualify for at least a Pearl MVP rank. A generation ends

AuTOShIP: An automatic and convenient purchase pro- and another begins when a qualified MVP is found in the leg,

gram that ships product to you every month. regardless of depth.



BInARy TRee: Each distributor has two legs into which they

leSSeR leG: The left or right leg of your binary tree with

and their upline place new distributors. The binary tree is the

the smallest GV.

structure of all those distributors in one’s organization which

has one or two established legs.

‘PAID AS’ RAnK: A distributor will always be recognized for

PeRSOnAl enROllMenT TRee: The line of sponsorship their highest rank achieved. Monthly commissions will be

that connects each distributor to the upline distributor who paid according to distributors current volume or ‘paid as’

sponsored them. rank.







Effec tive J uly 2, 2009 9



Related docs
Other docs by Roberto Rossi
By registering with docstoc.com you agree to our
privacy policy

You are almost ready to download!

You are almost ready to download!