Thursday, July 21, 2011

Speakasiaonline's Modified Compensation Plan With The Shopping PV

Speakasia Modified Compensation Plan With The Shopping PV



Compensation

As soon as you complete your registration, you are immediately eligible for two weekly surveys. These surveys will be shown to you every time you log in.

As a standard panelist you can earn upto 7 reward points every week (364 reward points in a year).

Whereas, as a premium panelist you can earn 20 reward points every week (1040 reward points in a year) for surveys and other activities completed.



You can buy maximum 03 panel centers. You can add upto 09 sub panels on each panel center and maximize your survey income upto 10 times.



DOUBLE INCOME PLAN

Other than survey reward points you can also get referral incentives by referring your friends / family member as panelist

Passive income

You will get 1 reward point per week from the work done by all your personally sponsored standard panelists and 3 reward points per week from the work done by all your personally sponsored premium panelists.


The following table will give you a summarized idea of minimum and maximum incentives earned by you on one survey panel. More survey panels will give you additional incentives in the same ratio.


Panel Center

No.of panels sub-panels

No.of

Subscription

Your weekly incentives(Reward points)

Weekly incentives to sponsor(Reward points)

Standard

01

Nil

Standard

7

1

Premium

01

Nil

Premium

20

3

Standard

01

09

9 Standard

70

10

Premium

01

09

9 Premium

200

30


Active income

Direct income – you will get 10 reward points for standard panel / sub panel and 20 reward points for premium panel / sub panel referred personally.


Team bonus 1– The Team Bonus-1 income is based on the Referral Points generated through the induction of panelist in each Team. A incentive of 20 Reward Points is released whenever you have 200 Referral points in the left team and 200 Referral points in the right team, which is also known as one pair.


Daily ceiling for team bonus-1 is 20 pairs (400 Reward points).

Stronger leg is always carried forward for next day’s incentive calculation.


Team bonus 2 - Whenever you and your team add sub-panels, additional Referral points are generated in your team for team bonus-2 income. Team bonus-2 compensation plan is a table binary which enables you huge income from existing team.



Sr No.

Left team sub-panel RP

Right team sub-panel RP

Sub-Panel Referral match points

Incentives paid(RP)

1

400

400

400

40

2

800

800

800

80

3

1600

1600

1600

160

4

3200

3200

3200

320

5

6400

6400

6400

640

6

12800

12800

12800

1,280

7

25600

25600

25600

2,560

8

51200

51200

51200

5,120



Daily ceiling for team bonus-2 is 51200 Referral match points (5120 Reward points).

Standard panel / sub panel will give you 100 referral points where as premium panel / sub panel will give you 200 referral points.

Example

Let us assume that in any particular day you are having 2000 Referral points in your left team and 900 Referral points in your right team through the addition of sub panels. You will be eligible for 80 Reward point as an incentive because you fall in to 2nd table of commission structure, and 1200 Referral points will be carried forward from left team. Weaker leg is flushed out where as the Stronger leg is always carry forward for next day’s incentive calculation

Total daily referral income of a panelist on one survey panel can be upto 5520 Reward Points
(Team Bonus - 1 + Team Bonus - 2) = 400 Reward Points + 5120 Reward Points

The reward points can be redeemed for buying trainings, e-zine subscriptions, products and services offered by the company. Un utilized reward points can also be transferred from your e wallet to your bank account within 7-14 working days (depending upon the local bank in India). Amounts are credited in your local currency by the bank. A bank transfer charge at the rate of 3% is applied subject to a minimum of USD7.5 . Total cash request in a year cannot exceed your referral income from sale of e-zines.

The Shopping PV will be distributed as follows, Every product will be defined with distribution PV. The distribution will be as follows

o 25% will be given to direct
o 5% will be given to sponsor of that direct
o 5% will then be distributed above among 10 sponsorship Level.

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