savvi style club · 2020. 10. 1. · shay is a frequent loyal savvi shopper who connected with...

8
Welcome to Savvi, the inclusive clothing company and community that celebrates and empowers YOU. Savvi is a life style company, because we know that the style of your life is about so much more than the clothes you wear. We are committed to bringing you great clothing at great prices along with an empowering community to support and motivate your life . Whether you are looking for clothing that inspires you or an entrepreneurial opportunity to share that inspiration with others, Savvi is for you. You can find our fabulous styles on our website and our shopping app and we offer several unique ways to add more Savvi Style to your wardrobe. SAVVI STYLE CLUB Savvi Style Club is our monthly subscription program. As a Savvi Style Club subscriber, you can choose the products in your box, or have our stylists curate a personalized selection for you based on your size and style preferences. Savvi Customers and Brand Partners can choose from 2 style box options: VALUE PACKS Value Packs are a great way to add more Savvi Style to your life featur- ing tremendous value and variety. Super Value Pack - $899 $1,040 Shopping Credit 15% Savings Value Pack - $399 $440 Shopping Credit 10% Savings STYLE BOX + VALUE PACK = MAX SAVINGS Combine your Style Box discount with a Value Pack purchase for savings up to 40% savings on your favorite Savvi products. FASHION FRIDAYS Every Friday at 11 am MST we offer a live look at what's new and inspiring featuring new product drops, LIVE giveaways and get to know some of our fabulous Savvi Community. VIP Style Box - $99/month $99 Shopping Credit - It's like getting a new outfit every month VIP Pricing on all purchases (approximately 25% off retail) Savvi Brand Partner VIP subscriber - 4 $25 Share Codes as a gift from Savvi! Preferred Style Box - $49/month $49 Shopping Credit - Choose something new to wear every month. Preferred Pricing on all purchases (approximately 15% off retail) Savvi Brand Partner Preferred subscriber - 2 $25 Share Codes as a gift from Savvi! As a Savvi Brand Partner Style Box Subscriber you also receive $25 Share Codes that can help you share Savvi with new customers.

Upload: others

Post on 25-Jan-2021

1 views

Category:

Documents


0 download

TRANSCRIPT

  • Welcome to Savvi, the inclusive clothing company and community that celebrates and empowers YOU. Savvi is a life style company, because we know that the style of your life is about so much more than the clothes you wear. We are committed to bringing you great clothing at great prices along with an empowering community to support and motivate your life . Whether you are looking for clothing that inspires you or an entrepreneurial opportunity to share that inspiration with others, Savvi is for you.

    You can find our fabulous styles on our website and our shopping app and we offer several unique ways to add more Savvi Style to your wardrobe.

    S AV V I S T Y L E C L U BSavvi Style Club is our monthly subscription program. As a Savvi Style Club subscriber, you can choose the products in your box, or have our stylists curate a personalized selection for you based on your size and style preferences. Savvi Customers and Brand Partners can choose from 2 style box options:

    VA L U E PA C K SValue Packs are a great way to add more Savvi Style to your life featur-ing tremendous value and variety.

    Super Value Pack - $899 ▶ $1,040 Shopping Credit ▶ 15% Savings

    Value Pack - $399 ▶ $440 Shopping Credit ▶ 10% Savings

    S T Y L E B O X + VA L U E PA C K = M A X S AV I N G SCombine your Style Box discount with a Value Pack purchase for savings up to

    40% savings on your favorite Savvi products.

    FA S H I O N F R I D AY SEvery Friday at 11 am MST we offer a live look at what's new and inspiring featuring new product drops, LIVE giveaways and get to know some of our fabulous Savvi Community.

    VIP Style Box - $99/month ▶ $99 Shopping Credit - It's like

    getting a new outfit every month

    ▶ VIP Pricing on all purchases (approximately 25% off retail)

    ▶ Savvi Brand Partner VIP subscriber - 4 $25 Share Codes as a gift from Savvi!

    Preferred Style Box - $49/month ▶ $49 Shopping Credit - Choose

    something new to wear every month.

    ▶ Preferred Pricing on all purchases (approximately 15% off retail)

    ▶ Savvi Brand Partner Preferred subscriber - 2 $25 Share Codes as a gift from Savvi!

    As a Savvi Brand Partner Style Box Subscriber you also receive $25 Share Codes that can help you share Savvi with new customers.

  • PA G E 2©2020 SAVVI, INC

    A N N U A L E N R O L L M E N T & R E N E WA L

    Your initial enrollment fee and annual renewal fee give you exclusive access to the tools that will help you build your Savvi Business.

    Included in this $99 fee: ▶ Your personalized E-Commerce Site ▶ Your Savvi Office so you can manage and track: * your team * your commissions * your sales and more. ▶ Your Savvi Shopping App ▶ Your Savvi Sharing App

    W H Y W E W E A R & S H A R EAt Savvi we have great products but Savvi Style is not just about the clothing.

    It's all about how you feel when you wear your Savvi. This is why so much of what Savvi has to offer is about YOU.

    It's the people -- the Brand Partners, the customers, the community that keep our Savvi shoppers coming back.

    It's seeing you confidently wearing your Savvi Style. It's hearing your empowering stories that inspire your customers to reach for their own confidence.

    This is why, together, we Wear & Share our Savvi.

    6 T Y P E S O F S AV V I C U S T O M E R SMeet Cindy. She is a Savvi Brand Partner. She became a loyal Savvi customer a few months ago when she started following Kat on Instagram, who posted some inspiring things that Cindy really liked. Cindy related to Kat's story and loved her style, so when Kat posted a link to her Savvi Shopping Site, Cindy purchased her first Savvi product. After several purchases, Cindy decided that she wanted to join Kat's team as a Savvi Brand Partner. These are the 6 types of Savvi Customers and Cindy has some of each.

    Erika is a friend of Cindy's from the gym who is an occasional Savvi shopper.

    Tyler is Cindy's best friend. He joined Savvi as a Brand Partner right after Cindy told him all about the compensa-tion plan and benefits. Tyler is an occasional Savvi shopper and has several customers who subscribe to the $99 Style Box which fulfills his monthly activity requirement of 100 Customer QV.

    Mariah met Cindy on social media and really likes her Savvi Style and is a loyal Savvi shopper so she subscribed to the monthly $49 Style Box to get some-thing new to wear each month and saves approx. 15% on all her purchases.

    Nikki and Cindy are Instagram friends, Nikki is a loyal Savvi shopper and subscribed to the monthly $49 Style Box when she enrolled as a Brand Partner. Nikki loves getting something new and fun to wear every month and she saves approx. 15% on all her purchases. As a Preferred Brand Part-ner, Nikki maintains her activity status by investing a little extra on herself every month to reach her 50 Personal QV.

    Tracy is Cindy's sister-in-law. Tracy loves Savvi products, is a frequent loyal Savvi shopper and subscribed to the monthly $99 VIP Style Box. She gets a new outfit every month and saves approx. 25% on every purchase.

    Shay is a frequent loyal Savvi shopper who connected with Cindy at a local event. After subscribing to the monthly $99 VIP Style Box Shay decided to become a Brand Partner. She loves choosing a new outfit every month and she saves approx. 25% on every purchase. Shay's monthly subscription fulfills her activity requirement of 50 Personal QV.

  • PA G E 1 ©2020 SAVVI, INC

    A C T I V I T Y R E Q U I R E M E N T S

    BRAND PARTNER

    ADVANCEDBRAND

    PARTNER

    SENIORBRAND

    PARTNERLEADER ADVANCEDLEADER

    SENIORLEADER EXECUTIVE

    ADVANCEDEXECUTIVE

    SENIOREXECUTIVE DIRECTOR

    ADVANCED DIRECTOR

    SENIOR DIRECTOR

    DIAMOND DIRECTOR

    Monthly QV 50 Personal Purchases QV or 100 L1 Personal Customer Purchases QV

    R E T A I L S A L E S C O M M I S S I O N S

    As a Savvi Brand Partner, you earn retail sales commissions if any on all qualifying Level 1 purchases. Your Level 1 (L1) customers include your personally enrolled customers and Brand Partners.

    In the diagram below, Cindy has a total of 9 Level 1 customers including 2 Preferred Brand Partners, 2 VIP Brand Partners and 2 Retail Customers, 1 Preferred Customer and 2 VIP Customers. Cindy will earn retail sales commissions on all her L1 customer purchases except those made by VIP customers and VIP Brand Partners. Cindy, however, will earn L1 team commissions from all her customer and Brand Partner purchases. (see chart)

    Weekly Retail Commissions are paid the week following customers' purchase.

    Y O U R L E V E L 1 B R A N D P A R T N E R S & C U S T O M E R S

    YOURSALES COMMISSION

    Retail Brand Partners & CustomersRetail pricing on all purchases

    Approximately 25% Retail Commissions+ up to 7% L1 Team Commissions

    Preferred Brand Partners & Customers$49 Style Box Subscribers

    Preferred pricing on all purchases (approx 15% off retail)

    Approximately 10% Retail Commissions+ up to 7% L1 Team Commissions

    VIP Brand Partners & Customers$99 VIP Style Box Subscribers

    VIP pricing on all purchases (approx 25% off retail)

    up to 7% L1 Team Commissions

    S A V V I C O M P E N S A T I O N P L A NFor Independent Brand Partners

    4.5.3

    Any personal purchase volume above 50 QV each month will be applied as additional L1 commissionable volume.

  • PA G E 2©2020 SAVVI, INC

    BRAND PARTNER

    ADVANCEDBRAND

    PARTNER

    SENIORBRAND

    PARTNERLEADER ADVANCEDLEADER

    SENIORLEADER EXECUTIVE

    ADVANCEDEXECUTIVE

    SENIOREXECUTIVE DIRECTOR

    ADVANCED DIRECTOR

    SENIOR DIRECTOR

    DIAMOND DIRECTOR

    Direct Active Legs 1 Brand Partner1 Brand Partner

    2 Brand Partners

    3 Brand Partners

    5 Brand Partners

    8 Brand Partners

    10 Brand Partners

    12 Brand Partners

    12 Brand Partners

    12 Brand Partners

    12 Brand Partners

    12 Brand Partners

    Minimum Monthly Team QV 300 1,000 2,500 5,000 10,000 20,000 50,000 100,000 250,000 500,000 1,000,000 2,000,000

    Max Monthly QV per single leg(Percent of total rank requirement)

    80% 70% 60% 50% 40% 40% 40% 40% 35% 30% 25% 20%

    R A N K A DVA N C E M E N T B O N U S ( R A B )Awarded whe n a Bran d Par tn e r ho ld s a rank fo r 2 con sec ut ive month s

    R A B $100 $250 $500 $1,000 $2,000 $5,000 $10,000 $25,000 $50,000 $100,000 $250,000

    VA L U E PA C K B O N U S ( V P B )

    VA LU E PACK BON US (VPB)

    T E A M B O N U S C O M M I S S I O NTeam commissions are paid with the percentage of CV up to 4 levels according to your "paid as rank." Your "paid as rank" will reflect the rank achieved during the month your commissions are earned.

    LEVEL 1 2% 3% 4% 5% 7% 7% 7% 7% 7% 7% 7% 7% 7%

    LEVEL 2 2% 3% 4% 4% 5% 5% 7% 7% 7% 7% 7%

    LEVEL 3 2% 3% 3% 5% 7% 7% 7% 7% 7%

    LEVEL 4 2% 3% 5% 7% 7% 7% 7% 7%

    E X E C U T I V E G E N E R AT I O N A L B O N U S4 Levels per Generation beginning with each downline Executive (see Generational Commissions diagram on the following page)

    GENERATION 1 2% 2.5% 3% 3% 3% 3% 3%

    GENERATION 2 2.5% 3% 3% 3% 3% 3%

    GENERATION 3 3% 3% 3% 3% 3%

    R A N K A D V A N C E M E N T A N D B O N U S C O M M I S S I O N S

    Earn a Value Pack Purchase Bonus (VPB) on select Value Pack purchases by your customers or Brand Partners. VPB is paid to the first level upline. The upline must be active in the month the purchase is made in order to receive the bonus.

  • PA G E 3 ©2020 SAVVI, INC

    G E N E R AT I O N A L C O M M I S S I O N S D I A G R A M

  • PA G E 4©2020 SAVVI, INC

    P O O L C O M M I S S I O N S( M U S T B E A C T I V E )

    Pools are another way to increase your monthly earnings with Savvi doing what you are already doing. Each Pool has a different set of requirements and each offers the poten-tial to participate in a company wide profit sharing "pool" which is split among those who meet the pool requirements for the month or quarter.

    BRAND PARTNER

    ADVANCEDBRAND

    PARTNER

    SENIOR BRAND

    PARTNERLEADER ADVANCED LEADER

    SENIOR LEADER EXECUTIVE

    ADVANCED EXECUTIVE

    SENIOR EXECUTIVE DIRECTOR

    ADVANCED DIRECTOR

    SENIOR DIRECTOR

    DIAMOND DIRECTOR

    NORT H A M E R IC A PO OL (2% of CV)

    1 Point (self + each Executive

    and above in 4 levels

    2 Points (self + each Executive

    and above in 4 levels

    3 Points (self + each Executive

    and above in 4 levels

    4 Points (self + each Executive

    and above in 4 levels

    5 Points (self + each Executive

    and above in 4 levels

    6 Points (self + each Executive

    and above in 4 levels

    7 Points (self + each Executive

    and above in 4 levels

    MON T H LY TOP N E W CUSTOM E R VOLU M E

    PO OL (2% of in-country CV)

    MON T H LY TOP E N ROL L E R

    VOLU M E PO OL(2% of in-country CV)

    FOU N DI NG CLU B PO OL(1% of total in-country CV

    Calculated and paid quarterly)

    The top 10 Point earners share pool proportionately based on points earned. Maximum pay $10,000 and minimum pay $100 per qualified Brand Partner.

    Points are determined by multiplying the number of new Brand Partners for the month by the total QV of those Brand Partners. A New Brand Partner is a unique Brand Partner that has not previously purchased. The Brand Partner is counted for this pool based on the date of their first purchase.

    Example: 7 New Brand Partners with a combined volume of 1,590QV. Points earned 1,590 x 7 = 11,130

    The top 10 Point earners share pool proportionately based on points earned.Maximum pay $10,000 and minimum pay $100 per qualified Brand Partner.

    Points are determined by multiplying the number of new customers for the month by the total QV of those customers. A New Customer is a personally sponsored, unique customer that has not previously purchased.

    The customer is counted for this pool based on the date of their first purchase.Example: 5 New customers with a combined volume of 325QV.

    Points earned 5 x 325 = 1,625

    The first 20 Brand Partners to achieve and maintain the rank of Senior Executive in each country will participate equally in the Founding Members Club Pool. Members must be Active and maintain the paid-as-rank of Senior Executive or above to remain in the pool.

    If a member of the Founding Member Club does not maintain the required paid-as-rank and active status they are disqualified from the Founding Members Club and the next Brand Partner that would have qualified will become part of the pool.

  • PA G E 5

    T E R M S a n d D E T A I L S :

    A C T I V E To be eligible to earn commissions each month you must be ‘Active.’ This means you have met the minimum monthly requirement of 50 Personal Purchase QV and/or 100 L1 Customer QV. (Activity is not required to be eligible for Retail Sales Commissions.)

    D I R E C T A C T I V E L E G S Active Brand Partners that are on a leader's level 1 who were personally enrolled count as Direct Active Legs. This encourages each leader to develop and maintain a healthy first level in their team.

    C L A W B A C K S Any time a purchase is refunded and commissions are paid on a refunded transaction, a Clawback is applied to the paid account which decrements against the next month’s commissions. This clawback will apply at each level where commissions were paid as a result of these transactions.

    P R O D U C T C R E D I T S When a Product Credit is applied to an order, any QV, CV or other bonuses on the order are reduced proportionally by the amount of credit applied to the order.

    C U S T O M E R A person that purchases Savvi products.

    C V( C O M M I S S I O N A B L E V O L U M E ) CV is assigned to commission eligible products.

    Q V( Q U A L I F Y I N G V O L U M E ) QV is assigned to commission eligible products. QV is used to determine a Brand Partner's active status and rank requirement qualifications.

    F O U N D I N G C L U B M E M B E R S

    The first 20 Brand Partners that reach Senior Executive Rank are the Founding Club Members. If a member of the Founding Club does not maintain the required paid-as-rank and active status they are disqualified from the Founding Club Membership and the next Brand Partner that would have qualified will become a member of the club. Only 1 member per household can qualify. Founding Club Members exemplify the highest standards of conduct and ethics for all of Savvi's Brand Partners and Customers.

    G E N E R A T I O N A L B O N U SThe generational bonus is paid on executive generations in a Brand Partner's downline. A generation starts with a brand partner with a paid-as Executive or above rank and continues down for a total of four levels. The bonus is paid as a percent of the CV in each eligible generation. Brand Partners are eligible for the generational bonus when they maintain a paid-as-rank of Executive or above.

    N O R T H A M E R I C A P O O LPoints in the North America Bonus Pool are earned based on your paid-as-rank and the number of paid-as executive rank Brand Partner or above in the first four levels of your downline. Points are earned in the pool beginning at a paid-as rank of Executive or above. The total amount of the pool is up to 2% of North America CV and is paid out to the members of the pool proportionally based on their points in the pool.

  • ©2020 SAVVI, INC PA G E 6

    T E R M S a n d D E T A I L S :

    P E R S O N A L L Y E N R O L L E D C U S T O M E R A customer that was personally enrolled by the Brand Partner they are connected to. Rolled-up or compressed customers do not count as Personally Enrolled.

    R A B( R A N K A D V A N C E M E N T B O N U S ) This is a one-time bonus paid for achieving and holding a new eligible rank for two consecutive months.

    B R A N D P A R T N E R A Brand Partner is a person or entity that has completed the enrollment process, agreed to the company policies and procedures and has paid the annual Brand Partner Fee. Brand Partners are independent contractors and are engaged in promoting Savvi Products to customers and recruiting additional Brand Partners.

    T E A M B O N U S Brand Partners can earn the team bonus based on the CV generated by up to 4 levels of their downline. A Brand Partner's level 1 customers are also included for the purpose of this bonus. The team bonus is paid as a percent of CV based on the Brand Partner's paid-as-rank.

    T E A M V O L U M E The total amount of QV within a Brand Partners entire downline organization.