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Whenever you or anyone in your network makes an eCosway sale or purchase from any of our stores, it generates “eVolume” (eV). eV is the sales volume value assigned to each product. Every month, eCosway calculates the eV generated by your network and pays you four types of profits:
Note: For the calculation of monthly profits, 1 eV = 1 eDollar =RM3.50(SGD/BND1.50) Your profits will be paid to you on a monthly basis.
Branch Performance Incentive (BPI): You will receive a fixed amount based on the volume of each of your BO branches (including your Personal Sales) that exceeds 500 eV each month (except your highest eV Branch which serves as the qualifying branch for this incentive). Please refer to the chart for the amount you receive per branch.
Extra Incentive (EI): You will receive an Extra Incentive based on the volume of each of your BO branches (including your Personal Sales) that exceeds 500 eV each month (except your highest eV Branch which serves as the qualifying branch for this incentive). Please refer to the chart for the amount you receive per branch.
Note: If you have branches with less than 500 eV, you can still earn the Extra Incentive by combining the volume to meet a qualifying eV level (as shown on the left side of the table). However, the eV of combined branches cannot exceed (and will be capped at) the eV level of your Qualifying branch. How To Qualify For The Extra Incentive : The amount of Extra Incentive (EI) you can earn depends on the Personal Sales Volume that you generate within 30 days of your joining date. Once the qualification is determined, it stands for the duration of your Business Ownership
This special EI qualification eV can only be fulfilled from the purchase of our special eV product sets. eV from the purchases of any other products will not be included. Special eV Product Sets There are various special eV product sets available for Business Owners. As an incentive for you to try or sell our products, we offer you these specially packaged products at much higher discounts. You can choose to purchase one or more product sets up to a maximum of 500 eV per Business Owner. These special product sets can only be purchased within the first 30 days of your joining date at the store you register. Here's an example of how the Extra Incentive (EI) works:
Extra Incentive Calculation:
Your Total Extra Incentive in this example would be: 625 eDollars ------------------- How eCosway Profit Plan Works ---------------------
Your eligibility percentage is 23%. (Your total network volume = 50,500 eV.) Your Retail Profit = 23% of Personal Sales 500 eV = 115 eDollars
Each branch's 5,000 eV qualifies for 9%. Your Branch Overrides Profit = 23% - 9% = 14% Your Total Branch Override Profit = 14% x 5000 eV x 10 branches = 7,000 eDollars
Your 500 eV Personal Sales BPI = 20 eDollars Each branch's 5,000 eV BPI = 300 eDollars Your Total Branch Override Profit = 20 eDollars + (300 eDollars x 9 branches) = 2,720 eDollars
Your 500 eV Personal Sales EI = 25 eDollars Each 5,000 eV branch's EI = 450 eDollars Your Total Extra Incentive = 25 eDollars + (450 eDollars x 9 branches) = 4,075 eDollars
------------------------- Become a Business Owner ---------------------- To become an independent eCosway Business Owner, you just need to pay an annual subscription fee of RM100 (SGD/BND50).This includes your subscription to our Product Catalogue and the Business Ownership Support System (B.O.S.S). You will get:
---------------------- Monthly Requirements ----------------------
profit due to you. How You Earn QUs: 5 QUs are awarded for every RM50 (SGD/BND25) purchase made by you in a single invoice . Purchases made by VIP Shoppers are excluded. All the QUs accumulated will automatically go into a reserve. They will be deducted from the reserve when needed to qualify you for profit payout. The following table shows you how many QUs you need each month to qualify for the profits you generated according to the profit plan.
Note: If you have 5 to 30 QUs but do not have 15 eV from your personal purchases and purchases from VIP Shoppers, you will not receive any profits for that month. -------------- Business Owner Terms & Conditions --------------
subscription renewal fee of RM50 (SGD/BND30) within each anniversary month of your Business Ownership . All Business Ownership privileges and rights will be null and void if your Business Ownership expires.
period.
-------------------- Introducing VIP Shoppers-------------------- The VIP Shopper programme enables you to easily introduce eCosway products to your friends and lets them enjoy the same product discounts and promotions as a Business Owner. On a regular basis, full colour updates on our new product launches and promotions will be mailed to them. Moreover, our extensive network of stores will enable VIP Shoppers to shop at any store located nearest to them. The purchases from these VIP Shoppers that you introduce will contribute towards your Personal Sales. For more information on VIP Shopper Rewards and how to join, please refer to the separate leaflet enclosed in your Start-Up Kit. Copyright © condostore2u.com - All Rights Reserved | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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