28
Dec

Compensation Plan

   Posted by: Tim Finucane   in Uncategorized

Books are great. The company’s great. The founders are great. But show me the money! BookWise generates income for you in numerous ways.

BookWise Compensation Plan

  1. Quickstart Commissions $35 commission on the first qualifying order placed by every associate you enroll.
  2. Unilevel Commissions Active Associates:
    Level 1: $.60 per active associate (maximum five)
    Level 2: $1.20 per Active Associate
    Level 3: $.60 per Active Associate
    Level 4: $.30 per Active Associate
    Level 5: $.30 per Active Associate
    Level 6: $.30 per Active Associate
    Level 7: $.60 per Active Associate
    Level 8: $.90 per active associateBonus Level:
    Level 9: $1.20 per active associate
  3. Matching Commissions 100% matching commissions on all Unilevel Commissions paid to any associate you enrolled at any level.
  4. Preferred Customers 40% of profits from your own Preferred Customers purchases. 10% of profits from all your enrollee’s Preferred Customers purchases.
  5. Additional Volume Commissions 1% commission on all additional books purchased by the associates in the first five levels.
  6. WriteWise Commissions For each of your enrollees who joins WriteWise, you get a $1,000 commission. Each person eight levels above you gets a $50 commission.
  7. Leadership Bonus $1 of every membership fee will be directed to a quarterly bonus pool to be paid to leaders; details TBA.

Sample Compensation Plan

The BookWise Compensation Plan is based on a 5-wide and 9 deep unilevel matrix. For illustration purposes, we’ll use only a 3-wide enrolled organization. Note that unilevel commission is only paid on nine levels, but the matching commission is paid infinitely deep—a great incentive to support your downline!

Level

# in Group

$ per month

Matching

Total per month

1

3

1.80

 

$1.80

2

9

10.80

5.40

$18.00

3

27

16.20

32.40

$66.60

4

81

24.30

48.60

$139.50

5

243

72.90

72.90

$285.30

6

729

218.70

218.70

$722.70

7

2187

1312.20

656.10

$2,691.00

8

6561

5904.90

3936.60

$12,532.50

Bonus

9

19683

23619.60

17714.70

$53,866.80

10

   

70858.8

$124,725.60

Active Associate: Monthly qualified purchase of at least $39.95

Bonus Level: Associate having enrolled at least nine Active Associates

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