my enterprise program v1 3

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  • 8/2/2019 My Enterprise Program v1 3

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    myEnterpriseProgram

    Version1.3

    EffectiveOctober2010

    Poweredby:

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    myEnterpriseProgram

    WelcometomyEnterpriseProgramofVMobileTechnologiesInc.(VMobile)!

    myEnterprise Program is the entire leveraged opportunity platform comprised of various business

    divisions of VMobile. It uniquely combines consumer patronage rewards and Network Marketing

    scheme.Itgratifiesyoursalesactivities,useofproductsandeffortstointroduceandpromoteVMobile

    businessopportunitytootherpeople.Inadditiontovarietyofperksandadvantagesthatareavailable,

    you can derive substantial financial incentives and rewards when you support your network of

    IndependentTechnopreneurs(IT)buildtheirrespectivegroups.

    myEnterprise boasts of highly innovative tiered-sales compensation features that are unique and

    revolutionaryintheindustry.

    KeyFeaturesofmyEnterpriseProgram:

    PatronageIncentivesforSustainableIncome.Thisprograminnovationoffersthebestleveraged

    incentivebyprovidingyouresidualearningsfromsalesperformancesandproductconsumptionofyoursalesorganization.

    Real-timeOnlineCompensationInformation.Whatbettermotivationcanyougetfromaprogramthat

    translatesyourseriouseffortsintoinstantgratification?Watchthedynamicprogressofyoursales

    organizationinreal-time.Thistech-savvyfeatureisthepioneerininformation-on-demandforhome-

    basedbusiness.

    InformationatyourFingertips.Informationdriveseveryorganizationandservesasthefoundationof

    growthanddevelopment.Throughourwebsites(www.myEnterprise.ph,www.mylx.biz,and

    www.myturf.ph)andwirelesstechnologyservicessuchastheSMS(ShortMessagingService)ortext,we

    keepyouabreastoftheexpansionofyourbusinessasithappens.

    On-DemandRewardsConversion,RedemptionandEncashment.Wetakeprideinintroducinganother

    compensationinnovationthattranscendstraditionalpracticeandmeasureofexcellence.Nowyoucan

    convertyourincentivestoelectroniccreditsanytimeandanywhereyouare.Suchcreditsmaybeusedfor

    instantredemptionofLoadXtremeproducts.Thisfeaturegivesyousheercontrolofyourbusiness.

    LeadershipRecognition.Yourselflessattitude,uncompromisingbeliefandexemplaryleadershipwillbe

    givenspecialrecognitionthatgoesbeyondyourexpectation.Becomeacompassionateteamleaderand

    wewillmakeyourpathapassionforotherstofollow.

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    myEnterpriseProgram

    ThetablebelowsummarizeshowmyEnterpriseCompensationSystemprocessesthedifferentincentive

    featuresrelativetotimeandSPtypes:

    myEnterpriseCompensationFeatures Gold Silver ProcessingandComputation

    TeamSalesBonus(TSB)* - Real-timeFlow,End-of-Day

    ComputationandCrediting

    ProductSalesOverride(PSO)** - Real-timeComputationandCredit

    BusinessExpansionBonus(BEB)* - Real-timeComputationandCredit

    DifferentialBusinessExpansionBonus

    (DBEB)*

    - Real-timeComputationandCredit

    LeadershipDevelopmentBonus(LDB)* - Real-timeComputationandCredit

    GlobalProfitSharing(GPS)* - Semi-annualComputationand

    Awarding

    Car/HouseIncentiveProgram(CHIP)* - ComputedandPaidUpon

    Qualification

    DirectSalesIncentive(DSI)** - - Real-timeComputationandCredit

    SubscriptionSalesOverride(SSO)** - - Real-timeComputationandCredit

    PatronageReward(PR)** - - Real-timeComputationandCredit

    InfinityVolumeReward(IVR)*** - - Real-timeComputationandCredit

    * OnlyTechnopreneursareallowedtoearntheseincentives.TechnoUserscannotparticipate

    undermyLX.

    ** TechnoUsersareonlyallowedtoearntheseincentives.

    ** TechnoUsersmayalsoearnthisincentivesubjecttopurchaseofrequiredproductsorproductpackages.ThemaximumInfinityVolumeRewardrateisgivenonlytoqualified

    SupremeAmbassador.

    End-of-Day(EOD)

    Thispertainstotheendofa24-hourperiodwheresalesandredemptiontransactionsaretrackedand

    recordedbythemyEnterpriseCompensationSystem.ThetimebaseusedisGMT+8.

    EnterpriseAccount(EA)

    YourmyEnterpriseAccount(AccountorEA)isyouruniqueidentificationnumber.Itisthesamewith

    your LoadXtreme account number. It serves as identifier for all your purchases and redemption

    transactions. The transaction information recorded under your account is processed in real-time for

    instantandEODcomputationofincentives.

    Your Account is likewiseused bymyLXandmyTURF to formthe genealogical structure ofthe sales

    networknecessaryfordeterminingdistributionofdifferentmyLXincentivestoyouandotherqualified

    IT in the network. The structures are formed using the following distinct information supplied by

    TechnopreneursandTechnoUsers:

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    myEnterpriseProgram

    Sponsor Account (or Sponsor ID). This refers tomyEnterprise Account of the person whodirectlyorpersonallyintroducedanotherITorTechnoUserintotheProgram.

    PlacementAccount(orPlacementID).ThisreferstoanaccountthatasponsoringITspecifies,ortoasystem-definedaccountnumberwhereanotheraccountisbeingregisteredorspecifically

    placedunder,relativetothenetworkstructurepositionofthesponsoringaccount.

    AnaccountmayberegisteredwiththesameSponsorAccountandPlacementAccountinformationor

    with different information subject to the preferences of the sponsoring IT or the Auto-placement

    configurationoftheSponsoringTechnopreneur.

    Auto-PlacementandLockSTA/STBfeatureofmyLX

    Dependingonthenetworkgrowthanddevelopmentofyoursalesgroups,youmayenabletheAuto-

    PlacementorLockSTA/STB featuresofmyLXwhensponsoringTechnopreneurregistrationstoensure

    control,balanceandmaximizedearnings.

    WhenyouenableAuto-Placementfeature,theSystemwillautomaticallydeterminewhichSalesTeam(A

    orB)isbestfornetworkplacementofthecurrentregistrationbyidentifyingtheSalesTeamwithlesserGold Sales Points accumulation.The systemwill then select thelast (or farthest)myLX accountthat

    belongstotheSalesTeamwiththeleastvolumeaccumulationandplacetheaccountbeingregistered

    underthatSalesTeamandaccountselectionbyusingtheaccountnumberoftheselectedrecordasthe

    PlacementAccount.

    Ontheotherhand,youcanhavesubstantial controlof thenetworkplacementbehaviorby usingthe

    Lock STA/STBoption.When enabled,myLXwill always place sponsored account registration on the

    farthestSalesTeamselection,i.e.thelastaccountinSalesTeamBiftheLockoptionissettoLockSTB.

    Seeillustrationonthenextpage.

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    myEnterpriseProgram

    ProductPackSalesCode(PPSC)

    Products you buy under the different divisions of myEnterprise, including the LoadXtreme

    TechnopreneurEnterprisePacksandmyWellnessPackageshavesalescodecalledProductPackSales

    CodeorPPSC.PPSCisa16-digitnumberthatuniquelyidentifiesaproductorproductpackage.

    Products and product packs also have equivalent Sales Points (Gold and/or Silver) where you earn

    incentives upon registration. PPSCmust be registered via web or SMS to activateyour Encashment

    Facilityoreven to qualify in earning the incentives offeredundermyEnterprise. Please refer to the

    publishedTechnicalGuideforfurtherinformationaboutSMScommandsandgateway.

    DirectSalesIncentive(DSI)

    Wheneveryousellsubscriptionpackagesorproductpackagestoanyprospect,youareentitledtoearn

    Direct Sales Incentive (DSI). Upon successful registration of the PPSC assigned to each product or

    productpackageyousell,myEnterpriseinstantlycreditsthecorrespondingDSItoyourAccount.Please

    refertothelatestproductpricelistfortheequivalentDSIofproductsofferedunderthemyLXprogram.

    U

    SalesTeamA SalesTeamB

    Systemwillselectthis

    placementwhenAuto-

    Placementfeatureis

    selectedbecausethe

    GSPaccumulationis

    lesserthanthevolume

    inSalesTeamB.

    Systemwillusethisplacement

    whenLockTeamBoptionis

    selected.TheSystemwill

    alwayscheckforthefarthest

    registeredTechnopreneuron

    SalesTeamBandusethe

    informationfortheplacement.

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    myEnterpriseProgram

    BelowisatableofDSIforsubscriptionpackagesofferedunderthemyEnterpriseProgram:

    SubscriptionPackagesCostof

    Subscription

    DirectSales

    Incentive

    myWellnessBusinessPack PhP3,988.00 PhP500.00

    LoadXtremeTechnopreneurEnterprisePack-Gold 3,988.00 500.00

    LoadXtremeTechnopreneurEnterprisePack-Platinum 8,888.00 1,000.00

    TeamSalesBonus(TSB)

    Asyougrowanddevelopactivesalesgroups,yourmyEnterpriseincomealsogrows.TeamSalesBonus

    (TSB)allowsyoutoearncommissionsfromthesalesofproductsandsubscriptionpackagesbyforming

    two(2)SalesTeams:SalesTeamA(STA),andSalesTeamB(STB).ThetotalGoldSalesPointsvolume

    produced under these Sales Teams determine your qualification to earn Sales Score (SS) and thecorrespondingTSB.

    SalesScore(Score)

    EachtimeaproductorpackageispurchasedwithinyourSalesTeamsandthecorrespondingsalescode,

    voucherorcouponisregisteredthruthemyEnterpriseSystem,thevalueofGSPassignedtotheproduct

    iscreditedtoyourmyEnterpriseaccountandsimultaneouslytoitsancestryaccounts.

    GSP is accumulated and credited to either STA or STB accumulator of your myEnterprise Account

    dependingonwhichSalesTeamtheproductpurchaseswereregistered.WhenGSPaccumulatestoFour

    Hundred(400)points onbothSalesTeams,youwillearnone(1)SalesScoreorplainlyreferredtoas

    Score.AtEnd-of-Day(EOD)processing,yourTSBiscomputedbasedonthetotalScoresearnedina

    calendarday.AScorehasamaximumequivalentvalueofFiveHundredPesos(PhP500.00)andmayvary

    dependingonthedeterminedPro-ratedScoreValue(PSV)perday.

    Pro-ratedSalesScoreValue

    Sales of products, product packs, use of electronic vouchers and coupons, contribute to the

    myEnterpriseBonusPoolatEOD.myEnterprisedeterminesthepro-ratedvalueofaScorein three(3)

    simplesteps:

    1. myEnterprisesystem determines theBonus Poolsize in a dayby combining theoutstandingbalanceof theBonusFund frompreviousday (ending/beginningbalance)and theequivalent

    amountofthetotaltransactionsinaday.

    2. myEnterprise determines the total number of Scores earned in a day by qualified

    Technopreneurs.

    3. Pro-ratavalueisestablishedbydividingtheBonusPoolwiththetotalnumberofScoresearnedbyqualifiedITs.Dependingonthesalesvolume-scoreratio,theScorevaluemayvarydailybut

    themyEnterpriseshallpayTSBnotmorethanPhP500.00perScore.

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    myEnterpriseProgram

    ProductSalesOverride(PSO)

    BothTechnoUsersandTechnopreneursmayqualifyforthisincentive.ItiscomputedbasedontheSilver

    SalesPoints(SSP)ofproductspurchaseswithintheGuaranteedSalesRewardLevels(GSRL)ofyoursales

    structureororganization.

    GSRLreferstothe8-levelgenealogicalstructureofyoursalesorganizationrelativeto yourpositionin

    the entire salesnetwork of Technopreneurs. The network structure is formed using the Sponsor ID

    informationoftheregisteredaccountsofTechnopreneursandTechnoUsers.

    PSOguaranteesyourfixedearningsfromthesalesperformancesofyourdownlineTechnopreneursand

    TechnoUsersregardlessoftheirsalesrankortitleachievementintheprogramasdiscussedlater.This

    meansthatevenifTechnopreneursunderyoursalesorganizationachievehighersalesrankortitlethan

    yourcurrentrankachievement,youareensuredtoreceiveearningsfromtheirsalesperformancesand

    personalpurchaseorredemptiontransactions.

    EachtimeatransactionofyourdownlineTechnopreneurisposted,thesystemcalculatesthePSOfrom

    theSSPequivalenceoftheproductpurchasedorredeemed.

    BelowistherateforPSOearningbasedonSSPvolumewithinyourGSRL:

    LEVELPERCENTOF

    PRODUCTSSP

    1st 7%

    2nd 7%

    3rd 7%

    4th 7%

    5th 7%

    6th 7%

    7th 7%

    8th 7%

    FullEligibilityRequirementforTechnopreneursunderthemyEnterpriseCompensationProgram

    Technopreneurs are automatically qualified to earn on all SSP-based incentives (see page 3) under

    myEnterprise Program within thirty (30) days from the activation date of myEnterprise account.

    Subsequently, you are required to continuously and regularly purchase or redeem myEnterprise

    productstokeepyourqualificationandfulleligibilitytoearnundermyEnterprise.

    EverypurchaseofmyTURFandmyWellnessproductsextendstheperiodofyourqualification toearn

    incentives that are basedon the SSP equivalence of all sales transactions under your network.This

    period is knownas Full EligibilityPeriod (FEP). Depending on the FEP values for each product, your

    purchaseofparticularproductsextendsyourFEPandpushestheFullEligibilityExpiryDate(FEED)which

    isactuallythedatefollowingtheendofyourFEP.UnliketheQualifyingPeriodorQP,whichisalways

    determined from the last purchase or sales transaction, FEP is extended cumulatively by product

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    myEnterpriseProgram

    purchases.Therefore,itispossibletoearnyourfulleligibilityintheprogramfortheentirecalendaryear

    evenataveryshortperiodoftimebyaccumulatingtherequiredsalesvolume.YourFEPmayonlybe

    extended up to the immediate anniversary date ofyourmyEnterprise accountactivation.Whenyou

    reachfulleligibilityuptoyouranniversarydate,yourotherpurchaseswillnolongerextendyourFEP

    beyondyouranniversarydate.Youmay startaccumulating salesandpurchasesforyourfulleligibility

    onlyafteryouraccountsanniversarydate.

    InactivityorNon-compliance

    WhenyourFEPexpiresduetoinactivityornon-compliancetotherequirement,youwillnotfullyearn

    theSSP-basedincentivesoftheprogramexceptfortheDSIandTSB.However,suchearningswillalsobe

    restricted from encashment or transfer. You may however be able to convert your earnings to

    LoadXtremeloadwalletcredits.Yourfullqualificationtoearnalltheincentiveswillonlybereinstated

    and become available for encashment or transferwhen you purchaseor redeem products. You are

    therefore encouraged to regularly redeem or purchase products to ensure qualification and full

    eligibilityinmyEnterpriseprogram.

    Built-inDynamicCompression

    Toensure that you earn incentives onall levels of yourGSRL, myEnterprise has employed DynamicCompression.Through this feature, non-performingor unqualifiedTechnopreneurs andTechnoUsers

    withinyourGSRLwillnothinderyoufromearningincentivesonperformingTechnopreneursbelowthe

    unqualified Technopreneurs and TechnoUsers. Dynamic Compression works by virtually and

    temporarilyremovingallunqualifiedTechnopreneursandTechnoUserstherebycompressingyoursales

    networkstructuresuchthatalllevelsofyourGSRLbecomeproductiveandearnyouincentives.This

    featureguaranteesthatthereisnobreakageofcommissionpayouttothecompany.

    BusinessExpansionBonus(BEB)

    ThisincentivefeatureisexclusivetoTechnopreneurs.IfyousubscribeasaTechnopreneur,thisallows

    youtoearnincentivesorrewardsbeyondtheGSRLofyournetworkoruptoinfinitelevelsdependingonyoursalesrankachievementintheprogram.BysatisfyingtherequiredSalesPointsaccumulationon

    thefirstleveland/orwithintheGSRLofyourSalesNetwork,youmayachievethefollowingranks:

    1. AceManager2. ChampionLeader3. EliteExecutive4. SupremeAmbassador

    BecominganAceManager

    TobecomeanAceManager,youmustdirectlysponsorfive(5)Technopreneursandaccumulate75,000

    SilverSalesPointswithinyourGSRL.AtanytimeyoureachedtherequiredcumulativeSSPvolume,you

    needtopurchaseproductsequivalentto1,000SSP.ThiswillserveasyourPersonalQualifyingVolume.

    When you become AceManager,youwill earn additional fivepercent (5%) ofthe totalSilver Sales

    Points(SSP)equivalenceofthepurchasesandredemptiontransactionsofyourdownlineTechnoUsers

    andTechnopreneurswhohavenotachievedanypositionorrank.YourBEBearningasAceManager

    startsfromthefirstleveldownlineTechnopreneurorTechnoUseruptothenextimmediategeneration

    orlevelbeforeaqualifiedAceManageroraTechnopreneurwithahigherrank.Shouldoneofyourfirst

    levelTechnopreneursachievetherankofAceorhigher,youarenolongerentitledtoearnBEBonthat

    particular Linear SalesGroup (LSG) since the differenceof your BEB asAceManager becomes zero

    againstaTechnopreneurwithsameorhigherrank.

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    myEnterpriseProgram

    ThefigurebelowillustratestheBEBofaChampionLeader:

    Level1

    |

    |

    |

    |

    |

    |

    |

    |

    |

    |

    |

    |

    |

    Level10

    GSRL(8-Level Network Depth)

    C

    +7%

    S

    +7%

    A

    +7%

    BEBstopsatthislevel

    becausethenext

    downline

    Technopreneurisof

    highersalesrank.

    Earnthe

    difference

    fromAceManager

    groups(2%).

    Uptothelastperson

    (infinity)or

    Technopreneurwiththe

    sameorhighersalesrank.

    +2%

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    myEnterpriseProgram

    BecominganEliteExecutive

    TobecomeanEliteExecutive,youmustsponsoratleasttwelve (12)Technopreneursandaccumulate

    1,500,000SilverSalesPoints(SSP)withinyourGSRL.Atanytimeyoureachedtherequiredcumulative

    SSPvolume,youneedtopurchaseproductsequivalentto2,000SSP.ThiswillserveasyourPersonal

    QualifyingVolume.

    WhenyoubecomeanEliteExecutive,youwillearnninepercent (9%)ofthetotalSSPvolumeofyour

    downlineTechnoUsersandTechnopreneurswhohavenotyetachievedanyrankorposition.YourBEB

    earningasEliteExecutivestartsfromthefirstleveldownlineTechnoUserorTechnopreneurup tothe

    nextimmediategenerationorlevelbeforeaqualifiedEliteExecutiveorTechnopreneurwithhigherrank.

    ShouldoneofyourfirstlevelTechnopreneursachievetherankofEliteExecutiveorhigher,youareno

    longerentitledtoearnBEBonthatparticularLinearSalesGroup(LSG)sincethedifferenceofyourBEB

    asEliteExecutivebecomeszeroagainstaTechnopreneurwithsameorhigherrank.

    AsanEliteExecutivehowever,youwillearnonthedifferenceofyourBEBrateagainstthatofanAce

    ManagerandChampionLeader.Youshallearntwopercent(2%)andfourpercent(4%)ofthetotalSSP

    volume of the purchases and redemption transactions of your downline Champion Leader and AceManagergroupsrespectively.

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    myEnterpriseProgram

    BecomingaSupremeAmbassador

    TobecomeaSupremeAmbassador,youmustachievethefollowingcriteria:

    Directlysponsortwenty(20)Technopreneurs. Accumulate5,000,000SSPwithinyourGSRL. Purchase3,000SSPwhenyouhaveaccumulatedtherequiredGSRLVolumeasyourPersonal

    QualifyingVolume.

    WhenyoubecomeaSupremeAmbassador,youwillearntwelvepercent(12%)ofthetotalSSPvolume

    ofyourdownlineTechnoUsersandTechnopreneurswhohavenotyetachievedanyofthe sales rank.

    YourBEBearningasSupremeAmbassadorstartsfromthefirstleveldownlineTechnopreneuruptothe

    nextimmediategenerationorlevelbeforeaqualifiedSupremeAmbassador.Shouldoneofyourfirst

    levelTechnopreneursachievetherankofSupremeAmbassador,youarenolongerentitledtoearnBEB

    onthatparticularLinearSalesGroup(LSG)sincethedifferenceofyourBEBasSupremeAmbassador

    becomes zero against another SupremeAmbassador. Your downline SupremeAmbassador becomes

    yourBreakawaySupremeGroup.YouwillearnLeadershipDevelopmentBonus(LDB)onyourBreakaway

    SupremeGroupsasdiscussedlater.

    AsSupremeAmbassador,youwillearnthedifferenceofyourBEBratefromthefollowingrankgroupsin

    yournetworkorsalesgroups:

    Threepercent(3%)ofthetotalSSPvolumeofyourdownlineEliteExecutivegroups; Fivepercent(5%)ofthetotalSSPvolumeofyourdownlineChampionLeadergroups,and; Sevenpercent(7%)ofthetotalSSPvolumeofyourdownlineAceManagergroups.

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    myEnterpriseProgram

    DefinitionofTerms

    myEnterpriseAccount(EA) isauniquenumberassignedtoyouasyouridentificationinthe

    myEnterpriseProgram.

    SalesPoints(SP) Theamountofpointvalueassignedtoeachproduct.SPisused

    incomputingmostoftheincentivefeaturesofthemyEnterprise

    Program.

    Downline PertainstoanyTechnopreneurorTechnoUserthatdirectlyor

    indirectlyjoinsunderyoursalesnetworkstructure.

    SalesScore(Score) ReferstotheinstancewhenthecumulativeGoldSPonboth

    SalesTeams(SalesTeamAandSalesTeamB)becomesequalat

    400points.myEnterprisedeterminestheseoccurrencesto

    computetheTSBofaBusinessExecutive.

    FullEligibility

    Period(FEP) ReferstothenumberofcalendardaysthataTechnopreneuris

    eligibletoearnalltheincentivefeaturesofmyEnterprise.

    GuaranteedSalesRewards

    Levels(GSRL) Referstothe8-levelstructureofyourdownlineTechnopreneurs

    orTechnoUsersbasedonSponsorshipinformation.

    FullEligibility

    ExpiryDate(FEED) Referstothedateyouarenolongereligibletofullyearnon

    SSP-basedincentivefeaturesofmyEnterprisesuchasPSO,BEB,

    LDBandGPS.

    QualifyingPeriod(QP) Pertainstothelengthoftimeyouarequalifiedtoearn

    incentivesfromsalesofmyTURFproducts.

    InfinityQualifyingPeriod(QP) Pertainstothelengthoftimeyouarequalifiedtoearn

    incentivesfromsalesofmyTURFproductsbeyondthe10-level

    salesgeneration.