In this post, we will provide you with the direct link to download the Faberlic Compensation Plan 2022 PDF. The post contains the Marketing Plan of Faberlic which can be downloaded in PDF format by the end of this article.
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Contents
Faberlic Compensation Plan 2022
This post contains the latest 2022 compensation plan of Faberlic. The description provided in the PDF is easy to understand and can be helpful for users to gain information.
Read: Faberlic Honest Review: Can you Really Make Money?
Faberlic Compensation Plan
Faberlic has different ranks, levels, and incomes as follows.
- Personal Discount
- Welcome Program
- Quick Start Bonus
- Fast Growth Bonus
- VIP Program
- Performance Commission
- Director Bonus
- Qualification Bonus
- Development Bonus
- Incredible Trips
Read: Faberlic Honest Review: Can you Really Make Money?
Download Faberlic Compensation Plan PDF
The below PDF contains the latest 2022 Faberlic marketing plan, terms & definitions of the Faberlic compensation plan.
To download the Faberlic compensation plan, just click on the below button. The compensation plan PDF will get started with a click.
Click here to Download PDF
We hope you find the content useful and are able to download the PDF for the Faberlic compensation plan.
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Terms & Definitions Used in this PDF
- Privileged Buyer – a person registered with Faberlic Company, having his own registration number and the right to purchase products at a discount.
- The consultant is a privileged buyer who has started to implement the Faberlic Marketing Plan.
- Registration number – a unique number that is assigned to each Consultant upon registration with the Company.
- Senior Director – a senior Leader with the rank of Director and above, in whose structure the Consultant is located.
- Mentor – the one who invited the Consultant to cooperate becomes the Mentor for those who are personally involved in cooperation with the Company.
- The 1st line consultant is the one whom you personally invited to cooperate with the Company.
- 2nd Line Consultant – A Consultant invited to work with the Company by your First Line Consultant.
- Structure – a business organization consisting of Consultants involved in cooperation with the Company personally by you and your Consultants. The size of the structure is not limited
- Point (B) – a unit of measurement used in calculating the results of the Consultant’s work. It corresponds to a certain volume of purchased products. Points are awarded to the Consultant on his unique registration number. The Company reserves the right to make changes to the cost of a point to calculate the Volume Discount.
- Settlement period (campaign) – a period of time established by the Company, during which certain promotions and discounts of the catalog are valid, as well as the period for fulfilling the conditions of the Marketing Plan.
- Personal Group Volume (PGV) – the sum of the Personal Volumes (PV) of your Personal Group (PG) Consultants and your Personal Volume (PV) in the billing period. Based on the volume of the Personal Group (OLG), the percentage of the Volume Discount (%OS) is determined – from 3% to 23%.
- Volume discount (OS) – the amount of remuneration accrued to you personally, depending on the Sales Volume (V). Your Volume Discount is the PV for your Personal Volume plus the difference between the % of your PV level and the PV level of your Personal Group (PG) Consultants.
- Volume discount calculation: 1 point = 60 rubles, purchase price of 1 point = 75 rubles, promo point price = 150 rubles. (valid for a certain promotional assortment of a particular catalog).
- Personal volume (PV) – the volume of products personally purchased by the Consultant in the billing period. Calculated in points and rubles.
- Sales volume (OP) – the volume of products purchased during the billing period. Calculated in points and rubles.
- Personal Group (PG) – a part of your structure, consisting of all Consultants involved in cooperation with the Company personally by you and your Consultants, with the exception of those Consultants (and their structures), whose Group Volume (GV) corresponds to 23% Volume Discount (VD) .
- Group volume (GV) – the sum of personal volumes (LO) of Consultants of your entire structure (including the lower 23% of the group) in the billing period. Based on the Group Volume (GV), expressed in points (B), the percentage of the Volume Discount (%OS) is determined (from 3% to 23%).
- Director – a Consultant who has fulfilled the conditions of qualification for the assignment of this title. The title of Director is awarded for one year.
- Qualification – fulfillment by the Consultant of the conditions for awarding the title of Director and above.
- Open qualification – fulfillment by the Consultant of the conditions for awarding the title of Director and above in at least one billing period.
- Closed qualification – fulfillment by the Consultant of the conditions for awarding the title of Director and above 8 billing periods out of the last 18.
- Fixed qualification – a qualification that is retained by the Consultant after completing the qualification according to the Marketing Plan for a year and beyond, if the Consultant continues to fulfill the requirement of the MP for the number of 23% of the groups in the first line in accordance with his qualifications. If condition 8 out of 18 is not met during the current year, the assigned qualification in the next year is removed from the Consultant.
- A qualifying bonus (one-time payment) is a remuneration accrued by the Company for achieving new ranks, starting from the rank of Director.
- The minimum guaranteed directors’ bonus is a remuneration accrued based on the results of the work of the directors of your structure at the end of each billing period.
- Director’s bonus – an increased director’s bonus for fulfilling additional conditions: GO for your title + 60% rule.
- The 60% rule is one of the conditions for receiving a director’s bonus: the GI of each of your 23% 1st line groups must be no more than 60% of your total GI.
- Group volume – the amount of group volume required to receive the director’s bonus.
- Development Bonus is an additional remuneration accrued to Consultants with the rank of Diamond Director and above for the growth of Director ranks in the first Director level.
- Diamond branch – the branch of the Consultant of your structure, in which at the first level there is a Diamond Director for titles up to Partner. For titles from Senior Partner to General Partner, it is obligatory.
Conclusion
We hope this post on the Faberlic compensation plan was beneficial for you, You were able to understand the Faberlic Compensation Plan and the compensation plan PDF.