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Business Builder Bonus Promotion (for Manager, Bronze or Silver IBOs)
Dear IBO:
We are excited to announce the introduction of the Business Builder Bonus Promotion to incent IBOs who have achieved the rank of Manager, Bronze or Silver. These are crucial ranks in the EquiFlex™ Rewards Program that help fuel the overall growth of the company, and therefore, we want to provide a meaningful reward for those building their business at these ranks. This promotion will run from December 1 , 2010 – March 31, 2011.
Qualification Points
To qualify for the Business Builder Bonus, anyone at the rank of Manager, Bronze or Silver must earn 6 Points during a month. A Prosper enrollee equals 3 Points and a Share enrollee would equal 1 Point for calculation purposes.
Business Builder Bonus Pool Funding
$10 will go into the Business Builder Bonus Pool for every Prosper IBO signed up by all IBOs during a month, and $3 for every Share IBO signed up by all IBOs in a month. This pool will be funded by Nuriche as a promotional cost rather than come from the 60% IBO payout featured in the EquiFlex plan.
Payout
The payout for qualified participants will be calculated as follows:
- Total Business Builder Bonus Pool, divided by the number Points earned by qualified participants = Bonus Point Value.
- Payout to each participant would be the Bonus Point Value x Points Earned by each qualified participant.
Example
- If Nuriche IBOs signed up a total of 750 new Prosper IBOs and 200 Share IBOs in a month, $8,100 would be contributed to the Builder Business Bonus Pool (750 x $10 = $7,500 + 200 x $3 = $600 = $8,100.
- If qualified participants earned 200 points, the Bonus Point Value would be: $8,100 divided by 200 = $40.50.
- Participants would calculate their Builder Business Bonus based on their Total Points earned x Bonus Point Value.
We are excited to partner with Manager, Bronze and Silver IBO leaders to build the future of Nuriche through this special, limited promotion. If you are already a Manager, Bronze or Silver IBO, act now to take advantage of the Builder Business Promotion. If you have not yet achieved these ranks, work now to qualify and participate in this special promotion. We feel it an honor to be your partners in this business that is changing lives wherever we go. Our future together is bright!
The Nuriche Team
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