The words you are searching are inside this book. To get more targeted content, please make full-text search by clicking here.
Discover the best professional documents and content resources in AnyFlip Document Base.
Search
Published by asiahbakar7677, 2021-08-25 07:21:15

CorePlus_Workshop_EN

CorePlus_Workshop_EN

Core Plus+

EARLY INCENTIVES

+AMWAY™ CORE PLUS DISCRETIONARY INCENTIVES PROGRAM

Core Plus+ Discretionary incentives
program that complements
the Amway™ Core Plan to
reward best practices in
building a strong and
sustainable business.

WHY ADD CORE PLUS?

Reduce effort/time Increase the Change approach to Adapt rewards to
to earn meaningful reward for the discretionary require profitable
income and ABO closest to incentive programs – and sustainable
recognition the sale reduce scale and structures
frequency of change

BUILD TO ADD CORE PLUS+

Core Plan Core Plus+

Foundation of how Separate from and
ABOs make money in addition to the
Core Plan

THOOWGTHEETYHFITER Monthly Depth Bonus ADDITIONAL BONUSES
Frontline Growth Incentive+ AND INCENTIVES
CORE PLAN AND CORE PLUS+ Monthly Leadership Bonus
Two Time Cash Incentive+ Emerald
CORE PLUS+

CORE PLAN

Personal Group Growth Incentive+
Ruby Bonus

Bronze Builder Incentive+

Bronze Foundation Incentive+
Differential Bonus

Personal Performance Bonus

Customer Sales Incentive+

Retail Margin

NEW ABOs 9% 15% 21% Founders
Platinum
Silver Gold Platinum

Bronze Silver Gold Platinum Ruby Founders Founders
Platinum Ruby

Sapphire Founders Emerald Founders Diamond Founders Executive Founders
Sapphire Emerald Diamond Diamond Executive Diamond

Double Founders Triple Founders Crown Founders Crown Founders
Diamond Double Diamond Diamond Triple Diamond Crown Ambassador Crown Ambassador

ABO COMPENSATION JOURNEY

CORE PLUS+ Launching Personal Group Frontline Growth Two-Time Cash
Growth Incentive+ Incentive+
Early Incentives Jan 2021 Incentive+
Coach qualifiers Achieve higher
Earn extra on the to reach Founders levels
way to Founders
Bronze Bronze Builder
Customer Foundation Incentive+
Sales Incentive+
Incentive+ Grow a balanced
Build a team to business
Make more sell products
money selling NEW!
products to Bronze Pin
customers

CORE PLUS+ Launched

Leader Incentives Sept 2019 (PY2020)

9% 15% 21%

1,750 PV 4,500 PV 12,500 PV

JOURNEY: NEW ABOs Continue to sell to
customers
START EARNING FROM THE FIRST SALE

CORE PLUS+
CORE PLAN

+Amway™ Core Plus discretionary incentives program© 2019 Amway Corp. All rights reserved. For ABO use only. Not to be used wi th prospects. Pass your knowledge
on to the group

Sponsor
other ABOs

Build a loyal Bronze Foundation Incentive+
customer base

Sell to Differential Bonus
customers

Use and learn Personal Performance Bonus
about the
products

Customer Sales Incentive+

Retail
Margin

NEW ABOs 9%

RETAIL Difference between price
you pay (AP) and price you
MARGIN sell (RP) to your Customers

Selling products is the foundation R-M25
of the Amway business and can
provide immediate income RM20

RM5

PERFORMANCE

BONUS
PERFORMANCE BONUS SCHEDULE

Total IF YOUR YOUR MONTHLY
Personal MONTHLY PERFORMANCE BONUS
Volume PV IS: IS:

12,500 or more 21% of your BV
7,500-12,499.99 18% of your BV
4,500-7,499.99 15% of your BV

Personal 3,000-4,499.99 12% of your BV
9% of your BV
% Performance 1,750-2,999.99

Bonus 900-1,749.99 6% of your BV

250-899.99 3% of your BV

10

Example: 65 + 185 = 250 PV
250 PV = 3% on PB Table
PERSONAL VOLUME AND 3% X 1,000 BV = RM30
PERFORMANCE BONUS
PERFORMANCE BONUS SCHEDULE
Personal Purchases
IF YOUR YOUR MONTHLY
Total = 65 PV / 260 BV MONTHLY PERFORMANCE BONUS
PV IS: IS:
Customer Purchases
12,500 or more 21% of your BV
Total = 185 PV / 740 BV 7,500-12,499.99 18% of your BV

4,500-7,499.99 15% of your BV
3,000-4,499.99 12% of your BV

1,750-2,999.99 9% of your BV
900-1,749.99 6% of your BV

250-899.99 3% of your BV

CUSTOMER SALES
INCENTIVE+

CSI

THOOWGTHEETYHFITER Monthly Depth Bonus ADDITIONAL BONUSES
Frontline Growth Incentive+ AND INCENTIVES
CORE PLAN AND CORE PLUS+
Emerald
CORE PLUS+ Monthly Leadership Bonus
CORE PLAN Two Time Cash Incentive+
Personal Group Growth Incentive+
CUSTOMER Ruby Bonus
SALES INCENTIVE+

Sell to custoxmers Bronze Builder Incentive+

Set monthly salBerosnzge Fooaunldsation Incentive+

Differential Bonus

Personal Performance Bonus

Customer Sales Incentive+

Retail Margin

NEW ABOs 9% 15% 21% Founders
Platinum
Silver Gold Platinum

WHAT?

Rewards verified
product sales to
Amway Privileged
Customers (APC)

14

WHY?

New ABOs start earning money from
their first sale

Should help with new ABO
satisfaction and retention

WHO IS
ELIGIBLE?

PERFORMANCE BONUS SCHEDULE

IF YOUR YOUR MONTHLY
MONTHLY PERFORMANCE BONUS
PV IS: IS:

12,500 or more 21% of your BV

7,500-12,499.99 18% of your BV

4,500-7,499.99 15% of your BV

3,000-4,499.99 12% of your BV

1,750-2,999.99 9% of your BV

900-1,749.99 6% of your BV

250-899.99 3% of your BV

All ABOs who are

at or below 9% on the

Performance Bonus schedule.

WHAT DO YOU EARN?

PB % CSI % Total %
(10% - PB%)
12% 12%
9% 0% 10%
6% 1% 10%
3% 4% 10%
0% 7% 10%
10%

HOW MUCH IS CSI?

CSI % BV of Verified Customer
(10% - PB%) Sales (VCS)

1%
4%
7%
10%

VERIFIED
CUSTOMER SALES (VCS)

Sales to Amway Privileged
Customer (APC) with
Amway ID

AMWAY ID

Login credentials set up by
APC, using unique

✓ Mobile Number, or
✓ Email Address

MAKE MORE MONEY

SELLING WITH

CUSTOMER FAVOURITES

On-trend
Easy to understand and
sell
Differentiated with
unique benefits
Great for sharing, sampling
or demonstrations

www.amway.my/customer-favourites

122594 100066 110606 109745

50.00 PV 22.50 PV 12.00 PV 17.00 PV

120571 102884 116466

46.00 PV 38.00 PV 32.50 PV

292790 289528

38.00 PV 36.00 PV

290034 292652

9.00 PV 9.00 PV

288957 289268

69.50 PV 34.00 PV

117842 119676 120524

44.50 PV 62.50 PV 42.50 PV

683300 120351 118120 118116

5.50 PV 4.50 PV 6.00 PV 24.00 PV

118112 118107 118104 118110

9.00 PV 11.00 PV 7.00 PV 12.00 PV

000100 110488

7.50 PV 9.50 PV

CUSTOMER FAVOURITES

122594

50.00 PV / 203.00 BV

TOTAL

100 PV / 406 BV

122594

APC 50.00 PV / 203.00 BV

0% RM0 0% x 406 BV

50 PV Performance
203 BV Bonus

APC RM20.30 10% x 203 BV

50 PV Customer Sales
203 BV Incentive

TOTAL RM20.30

100 PV / 406 BV

6% RM240 6% x 4,000 BV

500 PV Performance
2,000 BV Bonus

RM80 4% x 2,000 BV

APC APC APC Customer Sales
Incentive
500 PV
2,000 BV

TOTAL RM320

1,000 PV / 4,000 BV

9% RM720 9% x 8,000 BV

1,500 PV Performance
6,000 BV Bonus

RM20 1% x 2,000 BV

APC APC APC Customer Sales
Incentive
500 PV
2,000 BV

TOTAL RM740

2,000 PV / 8,000 BV

PB versus CSI

PB CSI

0% 3% 6% 9% 12%

CORE PLAN CONCEPTS

GROUP

VOLUME

Pass-Up
Includes Personal
Volume + Pass-Up
Determines
Performance Bonus %

DIFFERENTIAL BONUS

Difference between your
Performance Bonus % and
frontline’s Performance Bonus

Multiply that % on the Group BV
of that frontline

Do this for each frontline and add
it up

12% RM1,200 12% x 10,000 BV

2,500 PV Personal Bonus
10,000 BV

RM270 9% x 1,000 BV
x 3 groups
Differential Bonus

3% 3% 3%

250 PV 250 PV 250 PV
1,000 BV 1,000 BV 1,000 BV

TOTAL Performance Bonus

3,250 PV / 13,000 BV RM1,470

JOURNEY: BUSINESS BUILDERS

TAKE AN AMWAY BUSINESS TO THE NEXT LEVEL

CORE PLUS+ Build a
CORE PLAN sustainable
structure
+Amway™ Core Plus discretionary incentives program© 2019 Amway Corp. All rights reserved. For ABO use only. Not to be used wi th prospects. Continue to
Continue to sponsor balance selling and
and mentor new
ABOs sponsoring

Bronze Builder Incentive+

Bronze Foundation Incentive+

Differential Bonus

Personal
Performance Bonus

Retail Margin

9% 15%

BRONZE FOUNDATION
INCENTIVE+

BFI

THOOWGTHEETYHFITER Monthly Depth Bonus ADDITIONAL BONUSES
AND INCENTIVES
CORE PLAN AND CORE PLUS+ Frontline Growth Incentive+
BRONZE Monthly Leadership Bonus Emerald
CORE PLUS+

CORE PLAN FOUNDATION

Two Time Cash Incentive+
INCENTIVEx +Personal Group Growth Incentive+

Sponsor three or Ruby Bonus

more ABOs
Bronze Builder Incentive+

Bronze Foundation Incentive+
Differential Bonus

Personal Performance Bonus

Customer Sales Incentive+

Retail Margin

NEW ABOs 9% 15% 21% Founders
Platinum
Silver Gold Platinum

WHAT?

Rewards ABOs for
selling to customers
and helping at least 3
ABOs they have
sponsored do the
same

WHY?

Rewards ABOs for
starting to build a
sustainable
business structure

Sets them up for
additional bonuses
and incentives in
the future

WHO IS For Launch in
ELIGIBLE? Jan 2021:

12% Have been at or below Have been below

12% on the Silver Producer from
Performance Bonus Sep 2019 to Aug
2020
schedule in the

previous Performance
Year

WHO IS
ELIGIBLE?

Have not yet Still be within the 18-
month Bronze
earned a Bronze Foundation
Foundation Incentive+ period
Incentive+ OR

WHAT ARE THE
REQUIREMENTS?

Achieve 9% or higher on the 9%
Performance Bonus schedule 3% 3%

Have at least three personally
sponsored legs, each earning a
minimum of 3% Performance Bonus

3%

WHAT ARE THE 50
REQUIREMENTS? VCPV

Generate at least 50 VCPV

At least 2 out of the three 3% legs 50 9%

generate at least 50 VCPV VCPV

The 50 VCPV can be contributed by 3% 3%
any one ABO within the 3% leg
50
VCPV = Verified Customers’ PV from APC VCPV

3%

WHAT DO YOU 50
EARN? VCPV

Bronze Foundation Incentive+

20% Performance 50 9%
Bonus
VCPV

3% 3%

50
VCPV

3%

WHAT DO YOU EARN?

Maximum of
12

payments

within 18-
month period

EXAMPLE

ABO A achieved 1st time BFI in March 2021

March 18 months August
2021 2022

Max 12 payments



122594 250 PV (3%)

50.00 PV

104.00 PV 46.00PV

97.00 PV 36.50 PV 283.50PV
(3%)


Click to View FlipBook Version