6

Click here to load reader

Information letter about changes as of March 1, 2014

Embed Size (px)

Citation preview

Page 1: Information letter about changes as of March 1, 2014

INFORMATION LETTER

Moscow 30 January 2014

Vision products enjoy the deserved trust of millions of people all over the world, not just meeting

but exceeding their expectations.

Efficiency of Vision products has passed clinical tests and is confirmed by numerous positive

comments by consumers and experts from the Russian Academy of Medical Sciences Nutrition

Research Institute and from other leading official medical establishments in Russia. In the years

of the Company's operation over 140,000 results of using its products have been accumulated.

The flawless reputation of the Company in scientific medical circles made it possible for Vision

International People Group to get an unprecedented opportunity to implement an international

project, in cooperation with the World Health Organization and the Russian Academy of Medical

Sciences Nutrition Research Institute, on the cross-cultural study of life quality, health and

nutrition.

The Company's products are developed by the unique DEM4 research laboratory combining the

potential of dozens of specialists from various companies and leading research establishments of

the world.

All Vision products are manufactured under conditions of the European pharmaceutical production

using latest science-based technologies. The Company's products meet highest standards:

They are made at the factories complying with the international GMP pharmaceutical level

quality standards. The standard is allocated only to companies engaged in medical

products manufacture. It is by no means mandatory to meet that standard for food

supplement production but Vision is always ahead of all others on the way to its main

objective – being the world leader in the quality of products for its distributors.

They meet the system requirements of HACCP standards. That system has been developed

by NASA prior to launching the first astronaut to the Moon and now it is used in the food-

processing industry for ensuring foodstuff safety.

They meet the requirements of the highest quality standard in the food-processing

industry – ISO 22000: the system for managing foodstuff safety and controlling quality

starting with getting source materials from suppliers up to releasing finished products. The

ISO system assumes continuous improvement and for annual confirmation of entitlement

for the ISO 22000 certificate it is necessary to take constant care of complying with the

highest quality standards at all production stages.

Now Vision is the first and only company in Europe meeting ISO 22000 standard for production of

food supplements.

Meeting that standard requires significant organizational efforts and financial investments, since

the world-wide ISO standard requires compliance with its requirements not only by the

manufacturer but by source material suppliers as well down to individual farm and plantation

workers where source materials for Vision food supplement ingredients are made.

In order to fulfill its product quality guarantees Vision uses the end-to-end certification principle.

The end-to-end certification can guarantee the product quality at each stage: starting with the

idea, source material preparation, production controls and up to selling products to consumers.

When working under that principle about 20,000 various tests and analyses are made prior to

consumers getting the product, and each process is strictly controlled.

For instance, when selecting source materials to be used as food supplement ingredients the

Company has monitored environmentally clean and safe regions. As a result, 75 regions have

been chosen from which source materials are now supplied for all Vision products. When selecting

source materials the amounts of active substances contained therein are evaluated. Plant

components of food supplements are harvested in certain seasons when the active substance

Page 2: Information letter about changes as of March 1, 2014

content is the greatest. With this, the farms supplying source materials have certificates for Good

Agricultural and Collection Practice (GACP) based on the World Health Organization principles.

And subsequently the end-to-end certification is applied to the following main production stages:

Determining the optimal ingredient dosages

Clinical tests of main product component interaction

Checking the source material safety prior to its primary processing, selecting most efficient

processing technologies

Validating (independent evaluation of conformity by experts) the production processes and

the equipment used

Monitoring storage conditions and logistics

Carrying out sale processes in compliance with set rules and requirements

Thus, the product development process in Vision needs a great professionalism and a creative

approach. Each stage of this process is validated by quality testing, by consultations of

professional experts. Source materials of exceptional quality are chosen for each ingredient

making it possible to attain the top effect on the human organism. Vision product manufacture

not just meets high standards but surpasses them.

Vision deliberately and intentionally assumes the commitment to follow the expensive

and resource-intensive process of compliance with highest standards, since the

Company's objective is to offer products of the unsurpassed quality to its consumers.

This is our indisputable competitive advantage.

Vision offer on improving the life quality is the topical and unique one, it is in great demand in the

contemporary market. Each day the number of people ready and willing to manage their health

and to invest in safeguarding their future grows. Statistics of queries for Web search show: over

100 million queries per day are linked to words «Youth», «Beauty», «Nature», «Love». Vision has

combined those spheres of life in the OrgaNice service series and is ready to offer to consumers

the comprehensive approach to improving their life quality with the first program in the series –

Step to Dream.

A significant population stratum has sufficient income and is ready to invest in improving the

quality of life. Statistics show the following figures:

In 2012 the Russian population stratum with the annual income over $US50,000

amounted to 15.6%, in other words, comprising 8.2 million households

With the annual income over $US100,000 – to 6.5% or 3.4 million households

Each year these population groups continue expanding with the dynamic of more than

20% annually

The need of people to be healthy, active, to lead a quality life and their readiness and willingness

to pay for this can be met 100% by the convenient, comprehensible and expected offer of Vision

balanced programs.

In the market of life quality management Vision is not only the leader as concerns offering safe

and quality products but it runs ahead of its competitors by several years offering ready-made

programs without any analogues in the world.

In 17 years of its operations in the market Vision acted in the volatile market environment with its

specifics and trends. In the time of the Company's existence, since 1996 up to now, the market

specifics have changed significantly:

In the period of 1997 - 2013 the total inflation in Russia came to 1,030% (in Ukraine – to

418%, in Kazakhstan – to 260%)

The commodity prices in that period have increased by 160%

With account for inflation and commodity price increases the price of a jar of Classic Hit should by

now cost 4,099 rubles (1,516 hryvnas, 16,860 tenge) reflecting its real market price.

As of March 1, 2014 prices of Vision products will change but the Company will continue to

subsidy the products (in the amount of ½ of the inflation and ½ of the commodity price increase)

being able to do so thanks to the annual long-time consumption of high quality source materials

and getting a special wholesale discount.

As of March 1, 2014 the base provisions will change on which the Marketing plan and the

Company's pricing policy are based:

The minimal qualifying purchase will be 1 case (8 jars)

Page 3: Information letter about changes as of March 1, 2014

The CV base of 1 case will be 190 CV, and the price – 236 c.u.

The complete information on new distributor's prices and CV base for the Company's product

range is provided in a separate attachment to this information letter – «Price

parameters_mar14».

Due to changes in the minimal qualifying purchase the following amendments will be made to the

Company's Marketing plan as of March 1, 2014:

1. The distributor placing an order worth 190 CV is deemed active.

2. Requirements for gaining the VIP qualification will change as follows:

«For gaining the VIP qualification it is necessary to be active and have 5 active distributors in

the first line»

3. The booster concept also changes: «Booster is an order (one-time or accumulation for a

month) worth 950 CV (with getting a free case worth 190 CV.)

4. The Large Order Program and Bonus is abolished.

5. In order to gain the VIP 2S and higher qualifications a personal purchase worth 380 CV and up

is required (or the participation in the Step to Dream Program.) Other requirements for

gaining the VIP 2S and higher qualifications (the number of VIP's, the turnover and the

number of qualifying branches) remain unchanged.

Said amendments make Vision Marketing plan even simpler and clearer for explaining and

controlling:

Now there is no need to use the notions of a «single-caser» and «double-caser», to explain

the difference between them as well as advantages of an order worth 190 CV – as of

March 1 the minimal order will be 190 CV, enough for being active.

When explaining requirements for the VIP 1S qualification it is possible to use the shorter

and simpler wording without adding explanations about the total turnover in the 1st line.

Limitations are abolished on commissions depending on the participation in the Large

Order Program: as of March 1 all active distributors will get commissions on booster-case

orders in their organizations in full.

For the distributors in the VIP 2S and higher qualifications it will be sufficient to place

orders for the program 3 times a year in order to have the qualifying purchase for the

entire year. Subsequently it will be enough to meet other qualifying requirements. Also for

the VIP 2S and higher distributors there is a choice – placing a monthly personal order for

at least 380 CV.

Vision Marketing plan is an efficient and simple system of commissions with a number of clear

advantages, it is continuously enhanced and always based on the following basic principles:

Reliability

Potential

Efficiency

Simplicity

Dynamism

The amendments to the Marketing plan provisions will apply to calculating commissions

starting with the «March 2014» qualification month.

Pursuant to Clause 25 of the Contract the Company notifies distributors of amendments to the

Contract provisions effective January 30, 2014, by sending out this information letter, by posting

the information at the Company's Web resources and in its trading offices as well.

Distributors Relations Department

of Vision International People Group

Page 4: Information letter about changes as of March 1, 2014

Price list (as of 01.03.2014)

Item Sale price for

distributors, c.u. CV base

Classic Hit

Antiox+ bottle 31,00 23,750

Monocase Antiox+ (8) 236,00 190,000

Detox+ bottle 31,00 23,750

Monocase Detox+ (8) 236,00 190,000

Lifepac Senior bottle 31,00 23,750

Monocase L. Senior (8) 236,00 190,000

Lifepac Junior+ bottle 31,00 23,750

Monocase L. Junior+ (8) 236,00 190,000

Nutrimax+ bottle 31,00 23,750

Monocase Nutrimax+ (8) 236,00 190,000

Pax+ Forte bottle 31,00 23,750

Monocase Pax+ Forte (8) 236,00 190,000

Pax+ bottle 31,00 23,750

Monocase Pax+ (8) 236,00 190,000

Sveltform+ bottle 31,00 23,750

Monocase Sveltform+ (8) 236,00 190,000

Senior Neo Gentlemen bottle 31,00 23,750

Monocase Senior Neo G (8) 236,00 190,000

Senior Neo Ladies bottle 31,00 23,750

Monocase Senior Neo L (8) 236,00 190,000

Senior bottle 31,00 23,750

Monocase Senior (8) 236,00 190,000

Chromevital+ bottle 31,00 23,750

Monocase Chromevital+ (8) 236,00 190,000

Junior+ bottle 31,00 23,750

Monocase Junior+ (8) 236,00 190,000

Junior Neo bottle 31,00 23,750

Monocase Junior Neo (8) 236,00 190,000

Multicase Classic Hit 236,00 190,000

Direct Hit

Artemida bottle 42,00 30,000

Monocase Artemida (4) 158,00 120,000

Artemida+ bottle 42,00 30,000

Monocase Artemida+ (4) 158,00 120,000

Artum bottle 42,00 30,000

Monocase Artum (4) 158,00 120,000

Beesk bottle 42,00 30,000

Monocase Beesk (4) 158,00 120,000

Beauty bottle 42,00 30,000

Monocase Beauty (4) 158,00 120,000

Hiper bottle 42,00 30,000

Monocase Hiper (4) 158,00 120,000

Cupers Neo bottle 42,00 30,000

Monocase Cupers Neo (4) 158,00 120,000

Cupers bottle 42,00 30,000

Monocase Cupers (4) 158,00 120,000

Lamin bottle 42,00 30,000

Monocase Lamin (4) 158,00 120,000

Aktivy bottle 42,00 30,000

Monocase Aktivy (4) 158,00 120,000

Mega bottle 42,00 30,000

Page 5: Information letter about changes as of March 1, 2014

Monocase Mega (4) 158,00 120,000

Medisoya bottle 42,00 30,000

Monocase Medisoya (4) 158,00 120,000

Mistik bottle 42,00 30,000

Monocase Mistik (4) 158,00 120,000

Nortia bottle 42,00 30,000

Monocase Nortia (4) 158,00 120,000

Passilat bottle 42,00 30,000

Monocase Passilat (4) 158,00 120,000

Revien bottle 42,00 30,000

Monocase Revien (4) 158,00 120,000

Stalon Neo bottle 42,00 30,000

Monocase Stalon Neo (4) 158,00 120,000

Stalon bottle 42,00 30,000

Monocase Stalon (4) 158,00 120,000

Ursul bottle 42,00 30,000

Monocase Ursul (4) 158,00 120,000

Antistress complex 158,00 120,000

Rejuvenatу complex 158,00 120,000

Complex for women 158,00 120,000

Complex for men 158,00 120,000

LC Balance bottle 23,40 15,225

LC Balance case (6) 130,50 91,350

Nature Tan bottle 40,00 28,750

Nature Tan monocase (8) 300,00 230,000

Safe-to-see bottle 70,00 50,000

Brain-o-flex bottle 35,00 25,000

Brain-o-flex monocase (8) 260,00 200,000

Cheviton bottle 35,00 25,000

Cheviton monocase (8) 260,00 200,000

Vinex bottle 35,00 25,000

Vinex monocase (8) 260,00 200,000

D i Guard Nano (pack) 46,00 33,330

D I Guard nano case (6 packs) 260,00 200,000

EnjoyNT bottle 31,00 23,750

EnjoyNT case (8) 236,00 190,000

KG-Off Suppressant bottle 26,00 16,700

KG-Off Fat absorber bottle 26,00 16,700

KG-Off case (3+3) 144,00 100,000

Junior Be Healthy bottle 26,50 17,440

Junior Be Big bottle 23,00 15,210

Junior Be Wise bottle 18,50 12,250

Junior Be Wise+ bottle 18,50 12,250

Junior Be Smart bottle 26,50 17,440

DiReset pack 42,00 30,000

DiReset pack (4) 158,00 120,000

VenoStrong BAFS 46,00 33,330

VenoStrong case (6) 260,00 200,000

OsteoSanum bottle 31,00 23,750

OsteoSanum monocase (8) 236,00 190,000

Granatin Q10 bottle 46,00 33,330

Granatin Q10 case (6) 260,00 200,000

ICBerry pack 30,00 20,000

ICBerry monocase (4) 115,00 80,000

HeparD bottle 18,00 11,875

HeparD case (8) 136,00 95,000

Page 6: Information letter about changes as of March 1, 2014

LiveLon'+ bottle 63,00 47,500

LiveLon'+ case (4) 236,00 190,000

Smart Food

D4XMy UnitDose_7 (box) 13,00 6,000

D4X My UnitDose_7 case (10) 120,00 60,000

Cosmetics

EnjoyNT Harpago Gel 25,00 16,500

EnjoyNT Harpago Gel case (4) 95,00 66,000

Milleniun Neo bottle 90,00 65,000

Millenium Neo case (4) 340,00 260,000

Venostrong Gel bottle 13,50 8,750

Venostrong Gel case (6) 76,50 52,500

Маски I'MAgeQ pack 12,00 7,500

I'MAgeQ monocase (8) 90,00 60,000

Bracelets

PentActiv bracelet for men 150,00 105,000

PentActiv bracelet for women 150,00 105,000

VISION TEA

Hibiscus and Wind Berries 4,00 2,000

Melissa and Wild Rose 4,00 2,000

Wild Rose and Thyme 4,00 2,000

Linden and Mint 4,00 2,000

Lemongrass Green Tea 4,00 2,000

For Him 4,00 2,000

For Her 4,00 2,000

Generation Y Mommy 5,20 2,600