Wednesday, January 30, 2013

Profit Sharing Plan for Cosway Business Owner





Whenever you or anyone in your network makes an eCosway sale or purchase from any of our stores, it generates “eVolume” (eV). eV is the sales volume value assigned to each product. 

Every month, eCosway calculates the eV generated by your network and pays you four types of profits:
    
1.     Retail Profi
2.     Branch Override
3.     Branch Performance Incentive
4.     Extra Incentive (EI)




Note
For the calculation of monthly profits, 1 eV = 1 eDollar =RM3.50(SGD/BND1.50). Your profits will be paid to you on a monthly basis.



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Below are example for Monthly Income calculation


 




In RM, 11519 Dollar = 3.5 X 11519 

                               = RM 40316 per month

  
Note: Example above assume that you have at least 15 eV.




Is it Achievable, RM 40K Passive Income/ Month ???


EV depends on product, for example, Cosway Duo Water Filtration System is price at RM450 with 50 EV, thay equal to RM9 for 1 EV. For above example, total EV is 68500 and total sale is around RM620K ( 68500 X 9 ). 

This amount is achievable as we are not working alone, the amount is derived from a group of consumer through power of networking.  Some may say it is hard to achieve Rm600K sale,  even if our group able to achieve RM300K sale, we still can earn half or RM20K per month.  


Wont U think this is attractive Plan, kindly email us your details to email below, our team of pharmacist/ leader will contact you for appointment pharmacistsharing@yahoo.com





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Tables below can be used for above income calculation







1. Retail Profit: 
When you sell the products to your customers at the suggested retail price, you will earn the difference between the retail price and your discounted price. On top of that, up to 23% retail profit will be paid on the monthly eVolume (eV) generated by your Personal Sales (comprised of your own purchases plus the purchases of your VIP Shoppers). 

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2. Branch Overrides: 
You will earn an overriding percentage on the eV generated by each of your BO branches, based on the difference between your eligibility percentage and theirs.The Retail Profit & Branch Overrides chart (beside) is used to determine this eligibility.



Retail Profit & Branch Overrides
eVolume (eV)
Profit (%)
50
2%
150
3%
300
4%
500
5%
1,000
6%
2,000
7%
3,000
8%
4,000
9%
6,000
10%
8,000
11%
10,000
12%
12,500
13%
15,000
14%
17,500
15%
20,000
16%
22,500
17%
25,000
18%
30,000
19%
35,000
20%
40,000
21%
45,000
22%
50,000
23%


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3. Branch Performance Incentive (BPI): 

You will receive a fixed amount based on the volume of each of your BO branches (including your Personal Sales) that exceeds 500 eV each month (except your highest eV Branch which serves as the qualifying branch for this incentive). Please refer to the chart for the amount you receive per branch. 

Each
Branch eV
BPI
(eDollars)
500
$20
1,000
$40
1,500
$60
2,000
$80
2,500
$100
3,000
$125
3,500
$150
4,000
$200
4,500
$250
5,000
$300
5,500
$375
6,500
$450
8,000
$525
10,000
$600
12,500
$675
15,000
$750
17,500
$825
20,000
$900
22,500
$1,000
25,000
$1,100

Each Branch eV
BPI
(eDollars)
27,500
$1,200
30,000
$1,300
35,000
$1,400
40,000
$1,600
45,000
$1,800
50,000
$2,000
60,000
$2,500
70,000
$3,000
80,000
$3,500
90,000
$4,000
100,000
$5,000
125,000
$6,000
150,000
$7,000
200,000
$8,000
250,000
$9,000
300,000
$10,000
NO CAP! For each additional 100,000eV after 300,000 eV, you receive an additional $1,000 eDollars.


NO CAP!  For each additional 100,000eV after 300,000 eV, you receive an additional $1,000 eDollars.


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4. Extra Incentive (EI):You will receive an Extra Incentive based on the volume of each of your BO branches (including your Personal Sales) that exceeds 500 eV each month (except your highest eV Branch which serves as the qualifying branch for this incentive). Please refer to the chart for the amount you receive per branch.


Minimum eV Level
Extra Incentive (eDollars)
500
$25
1,000
$100
1,500
$200
2,000
$300
3,000
$350
4,000
$400
5,000
$450
6,000
$500
7,000
$550
8,000
$600
9,000
$650
10,000
$700
12,000
$750
14,000
$800
16,000
$850
18,000
$900
20,000
$1,000
25,000
$1,100
30,000
$1,200
35,000
$1,400
40,000
$1,600
45,000
$1,800
50,000
$2,000

Note: If you have branches with less than 500 eV, you can still earn an Extra Incentive by combining the volume to meet a qualifying eV level (as shown on the left side of the table). However, the eV of combined branches cannot exceed (and will be capped at) the eV level of your qualifying branch.


Appointment can be made nationwide to further understand the profit plan, kindly click here

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