bcharmed compensation plan
DESCRIPTION
BCharmed Jewelry Compensation Plan, www.alittleblingbling.comTRANSCRIPT
BC H A R M E D ~ T H E B L I N G T E A M
COMPENSATION PLAN
PURPOSE
1. Compensation Plan Terms2. Downline Report3. What are our requirements in the Comp. Plan ? 4. How do we make $$$ ?
FRONTLINE/DOWNLINE
1
FrontlineThe first level of a Stylist’s group
Downline: all Stylists under a particularStylist in a Generational tree
GROUP
GroupYou and your entire downline (including other Directors+ and their teams)
1
2
3
4
5
6
2+ TEAMS IN SAME GROUP
D1
2
3
4
5
6
DIRECTOR with their team
TEAMYou and your entire downline EXCLUDING any Directors and their teams.
1 team
2 team
Director
MORE+ TEAMS IN SAME GROUP
D
D
1
2
3
4
5
6
DIRECTOR with their team
TEAMYou and your entire downline EXCLUDING any Directors and their teams.
DIRECTOR with their team
Team 1
Team 2
Team 3
Executive Director
IMPORTANT TERMS TO GET YOU STARTED
• PV “Personal Volume”
• Your total commissionable sales
• Personal Premium Commission• any month you sell
over 2000PV you earn an additional 5% bonus that month, on top of your commission and team bonuses!!
P O T E N T I A L S A L E S C O M M I S S I O N J U S T F R O M YO U R O W N S A L E S ! !
BCHARMED COMPENSATION PLAN
IMPORTANT TERMS TO GET YOU STARTED
• TITLE• The highest rank
you achieve• Stylist, Certified,
Lead, etc…%
• RANK (team bonus)• paid at what you
earned that month• The qualification
level you/team achieve *
NEW/CERTIFIED STYLIST
• Stylist• Commission 25%• Up to the first
1000PV you sell• ($999.99)
• Certified Stylist• Commission 26%• Sell cumulative
1000PV & you promote to Certified and get pay raise• Permanent never
lower
EXAMPLE #1
• Sally *Brand New Stylist• 1st month sells $500• $500 x 25%= $125
• 2nd month sells $200• $200 x 25%= $50
• 3th month sells $0
• *4th month sells $400
TOTAL CUMULATIVE= $1100*
• After 1000PV Cumulative Sally automatically moves to *Certified (26%)
• 4th month sells $400• $400 x 26%*= $104
• Moves from Stylist to Certified!
GROWING YOUR TEAMHOW DOES A TEAM ADD TO YOUR COMMISSION?
3 T H I N G S YO U M U S T D O M O N T H LY T O G E T A T E A M BO N U S
BCHARMED COMPENSATION PLAN
1Qualified FL= 150PV in that month
Sally Recruits a Team…. Now What???
3 T H I N G S YO U M U S T D O M O N T H LY T O G E T A T E A M BO N U S
BCHARMED COMPENSATION PLAN
1
2SALLY = $500
3 T H I N G S YO U M U S T D O M O N T H LY T O G E T A T E A M BO N U S
BCHARMED COMPENSATION PLAN
1
2
3Together
Sally & her team must
sell Group/Team WHOLESALE
Volume
WHOLESALE VOLUME
• Personal Wholesale Volume• 75% of the PV that
you personally sell• PV x .75= PWV
• Eg. $2400 x .75• =1800 PWV
• Group Wholesale Volume• The sum of the
Personal Wholesale Volume (PWV) for the whole group• Eg. Group $4000• 4000 x .75• =3000 GWV
1. Click DOWNLINE, then the Circle for Reports
2. Select the Report:Personal Vol. by Level
3. Will show you a Snapshot of your currentGroup Personal Volume(*NOT WHOLESALE)
SALLY WANTS TO FIND OUT THE CURRENT VOLUME FOR HER GROUP/TEAM
4. Multiply the running total x 75% to Get your Group WHOLESALE Volume8319.35PV x .75 = 6239.51GWV(compare your Group Volume to Plan)
G R O U P & T E A M W H O L E S A L E VO LU M E
BCHARMED COMPENSATION PLAN
6239.51GWV
Qualifies at Dream Stylist Rank if all 3 Team Bonus requirements are met
LEAD STYLIST
• Self ~ 500 PV minimum ($500) =27% commission• 1 active Frontline Stylist (min. of 150 PV in sales)• Group ~ 1500 GWV (team PV total x .75=GWV)• Can not move up to Lead unless they have
become Certified (sold 1000PV)but this can happen both in the same month• BONUS• 2% of Frontline Stylist or Certified Stylist Group
Wholesale (GWV)
EXAMPLE #2
• Lead- TITLE• SELF- $550 (412.5PWV)
• 4 active Frontline• 1st Stylist $150 (112PWV)
• 2nd Lead* $500 (375PWV)
• Recruit $300 (225PWV)
• 3rd Certified$800 (600PWV)
• 4th Stylist $400 (300PWV)
• Total = $2700PV• GWV (TOTAL PWV)
• = 2024.5GWV
• LEAD – Rank Commission• 550PV x 27%= $148.50 • Own sales• TEAM BONUS-3 THINGS
1- SELF OVER $500PV2- 1 ACTIVE FL3- Group OVER 1500GWV
• FL Stylist/Certified: 2% GWV• 150+800+400=TOTAL PV
• 1350PV x .75= 1012GWV• 2% x 1012GWV= $20.24
• FL LEAD: *if you are equal or surpassed by your DL in TITLE you do not earn any bonus on them or their team
$20.24 Team Sales 13%If this team did 3000GWV what would of happened for this Stylist???
SENIOR STYLIST
• Self ~ 500 PV minimum = 28% commission• 2 active Frontline Stylist (min. of 150 PV in sales)• Group ~ 3000 GWV (team PV total x .75=GWV)
• BONUS • 4% of Frontline Stylist or Certified Stylist Group
Wholesale Volume(GWV)• 2% of Lead Stylist GWV
EXAMPLE #3
• Certified- Title• SELF- sold $1000• 2 active Frontline
(both sold over $150)• 1st Stylist $2400• 2nd Lead $500• Her recruit sold $100
• Total = $4000• GWV = 3000
• Senior – Rank *NEW• 1000PV x 28%= $280• Own sales• TEAM BONUS!!
(her team did 3 things)• FL Stylist: 4% GWV
• 2400PV x .75= 1800GWV
• 4% x 1800GWV= $72
• FL LEAD: 2% GWV• 600PVx .75= 450GWV
• 2% x 450GWV= $9
$81 Team Sales 29%
DREAM STYLIST
• Self ~ 500 PV minimum = 30% commission• 3 active Frontline Stylist (min. of 150 PV in sales)• Group ~ 6000 GWV (team PV total x .75=GWV)
• BONUS• 7% of Frontline Stylist or Certified Stylist Group
Wholesale (GWV)• 5% of Lead Stylist GWV• 3% of Senior GWV
EXAMPLE #4
• DREAM- TITLE• SELF- $550 (412.5PWV)
• 3 active Frontline• 1st Stylist $500 (375PWV)
• 2ndLead $800 (600PWV)
• 5 DL Recruit $2500 (1875PWV)
• 3rd Senior $800 (600PWV)
• 5 DL Recruit $3000 (2250PWV)
• Total = $8150• GWV (TOTAL PWV)• = 6112.5GWV
• DREAM RANK• 550PV x 30%= $165 own sales
• TEAM BONUS-3 THINGS
1- SELF OVER $500PV2- 3 ACTIVE FL3- OVER 6000GWV
• FL Stylist: 7% GWV• 7% x 375GWV= $26.25
• FL LEAD: 5% GWV• 600+1875=2475GWV
• 5% x 2475GWV= $123.75
• FL SENIOR: 3% GWV• 600+2250=2850GWV
• 3% x 2850GWV= $85.50
• $244.20 Team Sales 179%
DIRECTOR
• Self ~ 500 PV minimum = 32% commission• 4 active Frontline Stylist (min. of 150 PV in sales)• Group ~ 10,000 GWV (entire Group PV total x .75=GWV)• Achieve 5000 TWV (Team PV total x .75=TWV)• 1Gen Director (3%)
• BONUS• 9% of Frontline Stylist or Certified Stylist Group Wholesale
(GWV)• 7% of Lead Stylist GWV• 5% of Senior Stylist GWV• 3% of Dream Stylist GWV• 3% of 1st Gen Director TWV
REMEMBER
• There are 3 requirements to earn a Team Bonus• You must sell $500+ MONTHLY• You must have 1-4 Active Frontline• You must have Total with your team1500+ Group Wholesale Volume
• Your Team Bonus is based on what you earn in that month (RANK)• Your Personal Commission is based on your TITLE
• If you don’t earn the min requirements (LEAD) you still get paid your commission on your sales, based on your TITLE 26-32%, but you are not eligible for the Team Bonus
• If you are equal or surpassed by your DL in TITLE you do not earn any bonus on them or their team• You are LEAD and they are DREAM Stylist, you don’t get any of their GWV ~
always stay ahead of your team!
MORE+ TEAMS IN SAME GROUP
D
D
1
2
3
4
5
6
DIRECTOR with their team
TEAMYou and your entire downline EXCLUDING any Directors and their teams.
DIRECTOR with their team
Team 1
Team 2
Team 3
Executive Director
THANK YOUA N Y Q U E S T I O N S P L E A S E C O N TA C T YO U R D I R E C T O R