LiveSmart 360 Compensation Plan
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Transcript of LiveSmart 360 Compensation Plan
Degrees of compensationLivesmart 360 compensation plan
Livesmart360.com work smart, play smart, live smart.1
retail sales commission . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
retail/preferred customer Bonus . . . . . . . . . . . . . . . . . . . . . . .2
sponsoring . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2
Build Your team . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3
Fast start Bonus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3
core Four - Double Your Fast start Bonuses . . . . . . . . . . . . . . . .3
Dual team-Hybrid marketing plan . . . . . . . . . . . . . . . . . . . . . . .4
compensation plan guidelines . . . . . . . . . . . . . . . . . . . . . . . . . .4
completing a cycle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4
generational matching Bonus . . . . . . . . . . . . . . . . . . . . . . . . . .6
BmW Bonus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7
Life-changing Bonus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8
advancement Bonuses – “million Dollar match” . . . . . . . . . . . . . .9
the smartLine system . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11
general notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11
Qualifying & effective months . . . . . . . . . . . . . . . . . . . . . . . . .11
order assurance program (oap ) . . . . . . . . . . . . . . . . . . . . . . .12
getting paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12
360 Debit card . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12
requirements to be eligible for commissions . . . . . . . . . . . . . .12and retain Your Business Volume
table of contents
Livesmart360.com work smart, play smart, live smart.2
Personal Notes
Livesmart 360 compensation planretaiL saLes commissionMembers can earn the difference between Retail or Customer price and Member price – up to a 50% profit. If a Member’s customer places his or her order online, this commission is added to your weekly pay automatically. There are no personal sales or volume requirements to earn the Retail Sales Commission.
retaiL/preFerreD customer Bonus On all volume after your first 100 PV (Personal/ Retail/Customer) during a calendar month, we will pay a 30% Cash Bonus on each order (Personal/Retail/ Customer) with 70% of the PV rolling into Dual-Team Commissions. This is in addition to the retail profit. This bonus excludes Starter Packs.
For example, if you have already reached 100 PV and then enroll a Preferred Customer with a product order containing 100 BV, you would earn the difference in price, a $30 Retail Bonus, plus you will have 70 PV (Personal Volume). 100% of the BV (the full 100 BV) counts toward Qualifying Volume.
BREAK EVEN QUICKLY – Get 4, Pay No More!
sponsoring When a new Member joins, unless directly placed, he or she will be put into a holding tank of the Sponsor/ Enroller. The Sponsoring Member will have until the end of the current bonus week to place the new Member. If the Sponsor fails to do so, the new Member will be placed automatically based on the default placement in the back office.
When a Member purchases a qualifying $499.99 Starter Pack, he or she will receive three Tracking Positions.
When a Member purchases a qualifying $999.99 Starter Pack, he or she will receive three TPs and will be entitled to the Executive rank right away (ERA). The Member will have until the end of the third full calendar month after enrollment to qualify at the Executive rank or else he or she will revert to the rank qualified during the third full calendar month.
If an Executive sponsors an ERA, he or she will receive a $100 Fast Start Bonus in lieu of the $100 Rank Advancement Bonus. There will be no Rank Advancement Bonuses paid on ERAs, only on earned Executive positions.
ThE ENRoLLMENT PRoCEss• Placement may be deferred until the end of the
current bonus week (Midnight Eastern Time Saturdays).
• If placement is deferred, enrollee enters the holding tank of the sponsor. **
• If placement is deferred, and no placement is selected prior to the end of the current bonus week, the enrollee is placed automatically according to the sponsor’s Preferred Default Placement as set in their back office.
• The enrollee is also placed automatically in the SmartLine genealogy according to join date.
** Orders placed by Members in holding tank areas will show volume generated in the current week volume stats even though the Member has not yet been placed.
Livesmart360.com work smart, play smart, live smart.3
Personal Notes
Livesmart 360 compensation planBuiLD Your team You build your team by personally introducing and sponsoring two other Members - one on your Left Sales Team and one on your Right Sales Team. You then become qualified to earn override commissions to unlimited depth. These sales must be to someone other than you.
Your strong side (2/3 of your Business Volume) and weak side (1/3 of your Business Volume) may switch from your Left Sales Team to your Right Sales Team each bonus week.
What happens if you sell or sponsor more than two?
• You can place only two people on your frontline.
• Additional people will spill over into your organization.
• You may place them in your Left Sales Team or Right Sales Team, depending on where you need them.
Fast start Bonus For each eligible product or service you personally sell to a new Member or Customer, you can earn up to $100 in Fast Start Bonuses. There are no personal sales volume requirements or sponsoring requirements to earn the Fast Start Bonus.
core Four - DouBLe Your Fast start Bonuses This bonus allows you to double your Fast Start Bonuses. Each set of four new personally sponsored Members in a calendar month qualify you for this additional income. You will be paid 1/3 of the total bonus earned over a period of three months as long as your original four stay active.
For example: In one calender month, you personally sponsor four active members at the $499 level. You will receive $75 in Fast Start Bonuses x 4 = $300. This is paid immediately. With the Core Four Bonus you will earn an additional $300. The $300 from Core Four will be paid out over 3 months: 1/3 in month one, 1/3 in month two, and 1/3 in month three as long as those same four are still active Members in each qualifying month.
The Core Four Bonus amount paid will be 4 times the Fast Start amount of the lowest of the 4 Starter Packs.
Fast start Bonus - paiD to tHe enroLLerstarter Packs Cost PV Fast start
BonusCore Four Double
Enroll FourTotal Fast
start
smart start pack $99.99 50 $20.00 20+20+20+20 =$80.00 $160.00
million Dollar match pack $299.99 200 $30.00 30+30+30+30 =$120.00 $240.00
million Dollar tripack $499.99 300 $75.00 75+75+75+75 =$300.00 $600.00
era pack $999.99 600 $100.00 100+100+100+100 =$400.00 $800.00
Livesmart360.com work smart, play smart, live smart.4
Personal Notes
Livesmart 360 compensation planDuaL team-HYBriD marketing pLan If you are looking for the opportunity to make an immediate income and build a tremendous and secure long-term residual income, look no further. LiveSmart 360 combines lucrative up-front profits with incredible long-term residual income to create the most innovative program in the home-based business arena today. Regardless of your experience, the Dual Team- Hybrid Marketing Plan is designed to reward you every step of the way.
At LiveSmart 360, you always have the option of satisfying personal order requirements in one of three ways: 1) your own personal consumption; 2) retail sales; and 3) direct customer website orders.
When you become a Member (FREE), you are placed automatically in the LiveSmart 360 Dual Team-Hybrid Marketing Plan. Your position is called a Tracking Position (TP). You maintain your Member status by generating at least 100 BV in total personal (Regular/Customer/Retail) orders. (By signing up for the optional Order Assurance Program (OAP), you may reduce that amount to 50 PV.) When you introduce and sponsor two other Members, your status changes to Associate. The two new Members are also given a TP, which is placed below you in the compensation structure. At this point, all the sales of your Left and Right Sales Teams, down to unlimited depth, start counting as your commissionable sales. LiveSmart 360 lets you qualify with only 1/3 of your BV coming from one sales team and 2/3 from the other.
compensation pLan guiDeLines All sales—not just initial purchases—run through The Dual Team-Hybrid Marketing Plan. The 1/3-2/3 structure offers faster income to Members and serves to stabilize monthly income as well.
compLeting a cYcLe A Cycle Check is 240/120 = 360 BV that pays $12 to $20 per cycle based on Rank (see chart).
When you complete a cycle, chances are you will have more than the exact amount of Business Volume (BV) needed. Any “extra” BV will roll over and count toward your next cycle. BV is carried over for all Members meeting the minimum personal volume requirements. After the personal weekly cap is met (per Rank definitions) within a bonus week, any leftover weak-side volume will not roll over.
YOU
SaleS Team 1
240 BVSaleS Team 2
120 BV+ =
Livesmart360.com work smart, play smart, live smart.5
DuaL team-HYBriD compensation pLanRequirements for Advancement
Monthly BV oAP/No oAP (Double for
3 TP’s)
Ps ACTIVE Leadership
Leaders Legs - Left/Right
Min. Monthly Lesser
side BV
Payout for every 120/240
Weekly CAP per TP on Dual
Team Pay
member 50/100
associate 50/100 2 $12 $120
Director 50/100 2 4 total active (50 POV) Personally Connected Team Members in the qualifying calendar month. $12 $180
sr. Director 50/100 2 8 total active (50 PV) Personally Connected Team Members in the qualifying calendar month. $12 $240
executive 50/1004 or
(400 PV)
12 total active (50 PV) Personally Connected Team Members in the qualifying calendar month. Do it in 30 days = Free Watch Guaranteed a minimum of $60/month
$12 $300
BronzeBronze - 1 star 50/100 6 1 Executive or higher 3,000 $14 $350
Bronze - 2 star 50/100 6 2 Executives or higher 1 / 1 5,000 $14 $560
Bronze - 3 star 50/100 6 3 Executives or higher 2 / 1 7,000 $14 $700
Bronze - 4 star 50/100 6 4 Executives or higher 2 / 2 10,000 $14 $840
siLVersilver - 1 star 50/100 8 1 Bronze or higher 15,000 $15 $1,050
silver - 2 star 50/100 8 2 Bronze or higher 1 / 1 20,000 $15 $1,200
silver - 3 star 50/100 8 3 Bronze or higher 2 / 1 25,000 $15 $1,500
silver - 4 star 50/100 8 4 Bronze or higher 2 / 2 30,000 $15 $1,800
goLDgold - 1 star 50/100 8 1 Silver or higher 40,000 $16 $2,000
gold - 2 star 50/100 8 2 Silvers or higher 1 / 1 50,000 $16 $2,560
gold - 3 star 50/100 8 3 Silvers or higher 2 / 1 60,000 $16 $3,040
gold - 4 star 50/100 8 4 Silvers or higher 2 / 2 70,000 $16 $3,520
pLatinumplatinum - 1 star 50/100 8 1 Gold or higher 100,000 $18 $4,032
platinum - 2 star 50/100 8 2 Golds or higher 1 / 1 150,000 $18 $6,030
platinum - 3 star 50/100 8 3 Golds or higher 2 / 1 200,000 $18 $8,028
platinum - 4 star 50/100 8 4 Golds or higher 2 / 2 250,000 $18 $10,080
DiamonDDiamond 50/100 8 1 Platinum or higher 500,000 $20 $15,000*
Double Diamond 50/100 8 2 Diamonds or higher 1 / 1 750,000 $20 $20,000*
triple Diamond 50/100 8 3 Diamonds or higher 2 / 1 1,000,000 $20 $25,000*
crown Diamond 50/100 8 4 Diamonds or higher 2 / 2 2,000,000 $20 NO CAP*
Table 1: *The Diamond positions will be entitled to the listed Cycles as long as 50% of BV generated is Personally connected from at least two (2) different enrollment legs – it is per TP. That same BV cannot be used for more than one (1) Tracking Position (TP). The weekly cap will be $12,000 at the Diamond level, $16,000 at the Double Diamond level, $20,000 at the Triple Diamond level, and $30,000 at the Crown Diamond level if the 50% rule is not met.
Livesmart360.com work smart, play smart, live smart.6
Personal Notes
Livesmart 360 compensation plangenerationaL matcHing Bonus*This program allows you to earn a Matching Bonus of 5% to 100% of the weekly income from Dual Team Commissions of all your personally sponsored Members through five dynamically compressed generations of your enrollment tree. You must be a Bronze or higher. (See Rank Definitions for details.)
Matching Bonus Capped at $2,500 per Member, per Week (Dynamic Compression)
* Subject to the 60% payout rule.
matching Bonus capped at $2,500 per member, per Week (Dynamic compression)
Rank Qualified Bronze
Qualified silver
Qualified Gold
Qualified Platinum
Qualified Diamond
1st Generation 5% 10% 25% 50% 100%
2nd Generation 5% 10% 25% 50%
3rd Generation 5% 10% 25%
4th Generation 5% 10%
5th Generation 5%
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Personal Notes
Livesmart 360 compensation planBmW Bonus You must generate a minimum of 100 BV in total personal (OAP/Regular/Customer/Retail) orders during the qualifying and effective months to be eligible for the BMW Bonus. (By signing up for the optional OAP program, you may reduce that amount to 50 BV.)
QUALIFICATIoNs FoR BMW BoNUs : • You must qualify the first month by qualifying at
the Silver level and generating 100 BV in total personal (Regular/Customer/Retail) orders. (By signing up for the optional OAP program, you may reduce that amount to 50 BV.) Your BMW Bonus eligibility then starts the next month. The following months, you can calculate the BMW Bonus level you are eligible to receive according to your rank.
• We will also pay you $2,000 along with the first month payment to help with any down payment required.
• You must submit to LiveSmart 360 a completed BMW Bonus form, the car’s bill of sale, and a photo of you with the car before any payments will be made. The car must be a BMW brand no more than four years old. The vehicle must be white or blue. You must also agree to have the company logos on the vehicle. No BMW Bonuses are paid during the first two months of your business.
• All BMW Bonuses are paid along with the bonus week that includes the 15th day of the month.
LEVELs oF BMW BoNUs PAYMENTs
• Qualify Silver within a calendar month and receive up to a $400 BMW Bonus!
• Qualify Gold within a calendar month and receive up to an $800 BMW Bonus!
• Qualify Platinum 1 Star within a calendar month and receive up to a $1,000 BMW Bonus!
• Qualify Platinum 2 Star within a calendar month and receive up to a $1,200 BMW Bonus!
• Qualify Platinum 3 Star within a calendar month and receive up to a $1,600 BMW Bonus!
• Qualify Platinum 4 Star within a calendar month and receive up to a $2,000 BMW Bonus!
• Qualify Diamond within a calendar month and receive up to a $2,500 BMW Bonus!
• Qualify Crown Diamond within a calendar month and choose an exotic car from a hand-picked selection of dream automobiles!
Livesmart360.com work smart, play smart, live smart.8
Personal Notes
Livesmart 360 compensation planLiFe-cHanging Bonus LiveSmart 360 is dedicated to giving back. That’s why a portion of the company’s profits go toward charitable causes. LiveSmart 360 also has a new way to give back, and it’s a first in the industry.
While the compensation plan pays Members generously, rewarding them every step of the way with commissions and bonuses that bring immediate lifestyle improvements, there’s another way LiveSmart 360 enhances lives, and it’s a feeling money can’t buy.
When a Member achieves the rank of Bronze, LiveSmart 360 rewards him or her with a “Life-Changing Bonus” starting at $100 per month and rising to $5,000 per month at the rank of Crown Diamond. But we don’t just send a check. We also send you a hand-held video camera and a mission: Give the money to someone who needs it more than you do, and record the moment on tape. Studies show that performing selfless acts of kindness is one of the easiest ways to improve your own life. LiveSmart 360 believes that once its Members start changing the lives of the people around them, they will be hooked on giving!
The recipient can be a well-established non-profit or a single mom who’s out of a job. Members can donate to their child’s school or to a local soup kitchen. How you choose to “pay it forward” is completely up to you. All the company requires is that you videotape it and post the video to the LiveSmart 360 Life-Changing Moments website.
• Earn a unique bonus: it’s money you have to give away!
• Starting at Bronze rank: $100 to $250 per month.
• Capping at $5,000 per month at Crown Diamond rank.
• Give the money to anyone who needs it more than you do.
• Videotape the exchange and post the video to the Life-Changing Moments website.
LIFE-ChANGING BoNUs LEVELs
LEVEL REQUIRED
DECIsIoN PACKs BoNUs
Bronze - 1 Star 5 $100
Bronze - 2 Star 5 $150
Bronze - 3 Star 5 $200
Bronze - 4 Star 5 $250
Silver - 1 Star 10 $300
Silver - 2 Star 10 $400
Silver - 3 Star 10 $500
Silver - 4 Star 10 $600
Gold - 1 Star 15 $750
Gold - 2 Star 15 $1,000
Gold - 3 Star 15 $1,250
Gold - 4 Star 15 $1,500
Platinum - 1 Star 20 $2,000
Platinum - 2 Star 20 $2,500
Platinum - 3 Star 20 $3,000
Platinum - 4 Star 20 $3,500
Diamond 25 $4,000
Double Diamond 25 $4,200
Triple Diamond 25 $4,600
Crown Diamond 25 $5,000
Livesmart360.com work smart, play smart, live smart.9
Personal Notes
Livesmart 360 compensation planaDVancement Bonuses – “miLLion DoLLar matcH”
To qualify for the Million Dollar Match you must purchase a $299.99 Starter Pack or above - 100% will be paid to the sponsor, 100% to the Member. The payout numbers will be reduced by 50% if you do not achieve goals within the timeframe listed.
QUALIFICATIoNs:• You must be an active Executive.
• Even if one of your personals passes you in rank, you still earn the Matching Bonus on him or her.
• If an Executive sponsors an ERA, he or she will receive a $100 Fast Start Bonus in lieu of the $100 Rank Advancement Bonus. There will be no Rank Advancement Bonuses paid on ERAs, only on earned Executive positions.
Livesmart360.com work smart, play smart, live smart.10
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Livesmart360.com work smart, play smart, live smart.11
Personal Notes
Livesmart 360 compensation plantHe smartLine sYstem Every month, 3% of total company BV is put in the SmartLine Pool.
The first active (25 BV) upline Member will receive the retail/wholesale profit on all Customer/Retail Sales, and it will be paid monthly. All of the BV generated will be credited to the Dual Team Compensation Plan.
All the SmartLine Pools are calculated with the following formula and paid monthly. (SmartLine Points x PV x Personal Active [25 BV] enrollments in the SmartLine.) The higher you are positioned in the SmartLine the more points you have for the the pool calculation.
1. smartLine Rookie Pool You must generate or produce 25 PV and you will earn a portion of the 1% SmartLine Rookie Pool based upon your shares calculated by the formula above.
2. smartLine Executive PoolYou must be a qualified Executive in the Dual Team Compensation Plan and you will earn a portion of the 1% SmartLine Executive Pool. You will also participate in 1% of the First SmartLine Rookie Pool.
3. smartLine star Pool You must be an active Executive or above with at least 20 active personal enrollments (50 BV). You will then earn a portion of the 1% SmartLine Star Pool. You will also participate in 1% of the SmartLine Rookie Pool and 1% of the SmartLine Executive Pool. This means you have the opportunity to get paid on a portion of 3% of the total company volume.
generaL notes1. If you don’t meet your personal volume
requirements within a 60-day period, your position is canceled; your personally sponsored Members roll up to your sponsor (next active) and you will be given a 15-day grace period to reinstate.
2. No Matching Bonus will be paid out on Members who roll up that have already achieved a Silver rank. Advancement bonuses will be paid on all others.
3. No Order or Order Assurance Program order (OAP) is required to keep your position active. Just pay $14.99 per month to maintain the position. BV will hold but it will not accumulate.
4. Rank Advancement Bonus: To qualify for this bonus you must have entered the company via a $299.99 Starter Pack or above and be an Executive.
5. You can earn Residuals on three Tracking Positions but NOT bonuses.
QuaLiFYing & eFFectiVe montHs All ranks are attained in one calendar month (the first day of the month to the last day of the qualifying month), and recognized and paid in the following calendar month (the effective month). In the event a week spans two months, that week will be included in the calendar month in which the week originated, for bonus purposes.
carrYoVer cap:An Active Member can carry over a limited amount of Strong Leg BV each period based on their Personal Volume. If more than your capped Strong Leg BV remains after all bonuses have been paid, all of your BV over the capped amount is flushed until only the cap amount of Strong Leg BV remains to be carried over to the next period. The Carryover Volume cap based on PV are as follows:
PERsoNAL VoLUME CARRYoVER CAP50PV – 99PV 100,000
100PV – 149PV 500,000
150PV – 199PV 1,000,000
200PV + Unlimited
exampLe #1:The current commission period is 4/24-4/30. Your are Paid As Platinum 2 Star and have 175,000 BV on the Strong Leg (Current + Carryover) and 33,000 BV on the Weak Leg (Current + Carryover). You cycle 275 times and 33,000 BV is removed from both the Weak and Strong Legs leaving 0 BV in the Weak Leg and 142,000 BV in the Strong Leg. You have 75 PV in the qualification period and have a carryover cap of 100,000 BV. The 42,000 BV over the cap is flushed, and the remaining 100,000 BV on the Strong Leg will carry over to the next period.
Livesmart360.com work smart, play smart, live smart.12
Personal Notes
Livesmart 360 compensation plan
work smart, play smart, live smart
orDer assurance program (oap ) Members will be encouraged to place their qualifying orders within 30 days of their join date. If they have an OAP profile in place and their cumulative personal orders combined with any Customer orders do not equal or exceed the OAP BV number, then the company will either charge them the difference based on a 70% BV ratio to dollars (and put that amount on a gift card that is sent to them electronically) or ship them a predetermined order based on the Member’s preference in their profile.
FoR ExAMPLE:• The Member has a 50 PV OAP and places product
orders totaling 30 BV during the qualifying month. The OAP would kick in (30 days after join) and charge them $27 and credit them with 20 BV.
• The Member can now use that $27 to order products or gift the whole amount or any amount in increments of $5 to anyone via email gift certificates. The credits can be used on any product that carries a 70% BV ratio or higher. Taxes and shipping/handling charges will still apply if over and above the credit amount.
getting paiD LiveSmart 360 pays out commissions and bonuses every week with an easy-to-use, re-loadable, re-usable Visa® debit card. Your debit card is issued without a credit check or bank approval, and the card is welcomed at more than 800,000 ATMs and 8 million merchants worldwide.
360 DeBit carD Your debit card will be issued at the time of the first commission earned. The minimum commission paid will be $10.
reQuirements to Be eLigiBLe For commissions anD retain Your Business VoLumeThe minimum monthly volume requirement to qualify for commissions and retain Business Volume is 100 BV for each Tracking Position (TP). By signing up on the optional Order Assurance Program (OAP), you may reduce this amount to 50 BV per TP. You must maintain a personally sponsored Member in each sales team to retain the Business Volume in that sales team and to receive any Dual Team Commissions for each TP. If you do not meet these requirements within the qualifying month, you will lose all BV that you have stored. This will happen during the first full bonus week of the month following the month that you fail to qualify. (300 BV in personal OAP qualifies you instead of having two personals. 100 OAP qualifies y3TP).
For example: To earn Dual Team Commissions, a Member must maintain a personally sponsored Member in the Left Sales Team and Right Sales Team of each TP.
1. CREATE a Tracking Position by completing the Member Application.
2. ACTIVATE your Tracking Position with personal sales volume of at least 50 BV through retail sales or personal consumption of LiveSmart 360 products or services.
3. QUALIFY your Tracking Positions by introducing and sponsoring two other Members, one on your Left Sales Team and one on your Right Sales Team. (300 BV in personal OAP qualifies you instead of having two personals.)
4. MAINTAIN a total of 100 BV in personal orders or a minimum of 50 BV in OAP orders and two Members, with one on your Left Sales Team and one on your Right Sales Team.
5. $14.99 smartsystem (monthly fee) required for all bonus commissions except Fast Start and Retail.
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