32
THE YOUNIQUE COMPENSATION PLAN YOUR JOURNEY FROM WHITE TO BLACK STATUS! rought to you by Katy Spence Elite Green Status Presenter

The Younique Compensation Plan Explained!

Embed Size (px)

Citation preview

Page 1: The Younique Compensation Plan Explained!

THE YOUNIQUE COMPENSATION PLANYOUR JOURNEY FROM WHITE TO BLACK STATUS!

Brought to you by Katy SpenceElite Green Status Presenter

Page 2: The Younique Compensation Plan Explained!

INTRO

Hi there and Welcome to the Younique Compensation Plan presentation. This has been put together by Independent Presenter Katy Spence (www.lashesbykaty.com) and is a training guide to assist starters to Younique with how commission is calculated.

Information correct as of 18th Jan 2016. Information is intended purely as a training guide and is no guarantee of income

The information does not replace or overwrite any information provided by Younique Corporate.

Page 3: The Younique Compensation Plan Explained!

WHERE WE CAN SELL

Younique is an international business and as such we can sell to any customer in any country that Younique has launched.

Currently this is the USA, UK, New Zealand, Canada, Australia, Mexico, Germany and France from March 1st 2016

If customers buy from your website they will pay in their local currency and pay any local sales tax and deliveries

We will always receive our personal sales commission in our currency.

Page 4: The Younique Compensation Plan Explained!

UK PRICES AND VAT

In the UK prices are shown as inclusive of VAT In the USA and other markets that Younique has launched in, prices are shown with sales

tax excluded Presenters in all countries earn commission at 20%, 25% or 30% depending on their paid

as status NET of sales tax. So for example a mascara retails at £23 (inc VAT). Remove the 20% VAT and Younique

receives £19.17 Sales commission for the mascara at White status is 20% which is £3.83. This is 20% of

£19.17 Yellow, Pink and Blue Status Presenters receives 25% of £19.17 which is £4.79

Page 5: The Younique Compensation Plan Explained!

HOW DO INTERNATIONAL SALES WORK

As you sell in different markets there is universal retail royalty system to ensure our success and sales can be gauged equally.

Each product has a royalty point value attached to it Royalty points (PRS) are used for calculating sales commission for your team sales and

your promotions. Team Sale PRS or Company Sales (Retail points x 0.75) are used to calculate your

commission from the sales in your downline. Royalty points are converted to commission using the rate on the commission table and

then converted to your local currency using a fixed exchange rate (For the UK it’s 0.65)

Page 6: The Younique Compensation Plan Explained!

SALES AND PRS

For example 3D Fibre Lashes + in the UK retails for £23 and is 29 PRS. If you sell one to the customer in the USA, the cost is $29 or $38 in Australia and is still 29

PRS. When you first join as a White Status Presenter your commission is at 20% So your personal sales commission on a mascara sold abroad is; 29 points x 20%

(commission) x 0.65 (exchange rate) = £3.77

Page 7: The Younique Compensation Plan Explained!

UK PRICE LIST AND PRS VALUEItem UK Retail £ PRS 20%

WHITE25% YELLOW PINK,

BLUE30% GREEN,

ORANGE, PURPLE BLACK

Moonstruck Mineral Pigments £10 12.5 £1.63 £2.03 £2.44

Moonstruck Concealers £23 29 £3.77 £4.71 £5.66

Lucrative Lip Gloss £12 15 £1.95 £2.44 £2.93

BB Complexion Enhancer £30 39 £5.07 £6.34 £7.61

Refreshed Rose Water £23 29 £3.77 £4.71 £5.66

Uplift Eye Serum £50 65 £8.45 £10.56 £12.68

Precision Pencil Liners £12 15 £1.95 £2.44 £2.93

Lash Comb £16 20 £2.60 £3.25 £3.90

Illuminate Cleansers £30 39 £5.07 £6.34 £7.61

Touch Power Foundation £25 32 £4.16 £5.20 £6.34

Touch Cream Foundation £25 32 £4.16 £5.20 £6.34

Page 8: The Younique Compensation Plan Explained!

UK PRICE LIST AND PRS VALUEItem UK Retail £ PRS 20%

WHITE25% YELLOW PINK,

BLUE30% GREEN, ORANGE,

PURPLE BLACK

Divine Daily Moisturiser £30 39 £5.07 £6.34 £7.61

Glorious Face and Eye Primer £30 39 £5.07 £6.34 £7.61

Moodstruck Mineral Blusher £23 29 £3.77 £4.71 £5.66

3D Fibre Lashes + £23 29 £3.77 £4.71 £5.66

Foundation Brush £16 20 £2.60 £3.24 £3.90

Concealer Brush £9 12 £1.46 £1.82 £2.19

Powder Puff Brush £25 32 £4.16 £5.20 £6.34

Blending Buds £20 25 £3.26 £4.06 £4.88

Blusher Brush 20 25 £3.26 £4.06 £4.88

Face Brush Set £53 68 £8.63 £12.19 £12.93Tweezers 7.50 9.5 £1.22 £1.52 £1.83

Page 9: The Younique Compensation Plan Explained!

UK PRICE LIST AND PRS VALUEItem UK Retail £ PRS 20%

WHITE25% YELLOW PINK,

BLUE30% GREEN,

ORANGE, PURPLE BLACK

Deluxe Eye Brush £13 17 £2.11 £2.63 £3.17

Liner/Shader Brush £14 18 £2.28 £2.84 £3.41

Cream Shadow Brush £12 15 £1.95 £2.43 £2.92

Angled Shadow/Sponge Brush £12 15 £1.95 £2.43 £2.92

Crease Brush £12 15 £1.95 £2.43 £2.92

Eye Brush Set £53 68 £8.63 £12.19 £12.93

Complete Brush Set £129 165 £21.02 £26.18 £31.47

Precision Pencil Sharpener £4.95 7.5 £0.80 £1.00 £1.20

Shine Makeup Cloths £16 20 £2.60 £3.24 £3.90

Touch Liquid Foundation £30 39 £5.07 £6.34 £7.61

Beachfront Bronzer £25 25 £3.26 £4.06 £4.88

Moodstruck Addition Palette £38 49 £6.19 £7.71 £9.27

Page 10: The Younique Compensation Plan Explained!

UK PRICE LIST AND PRS VALUEItem UK Retail £ PRS 20%

WHITE25% YELLOW PINK,

BLUE30% GREEN,

ORANGE, PURPLE BLACK

Splurge Cream Shadow £21 26 £3.42 £4.26 £5.12

Opulence Lipstick £15 19 £2.44 £3.04 £3.66

Opulence Lipstick Set of 3 £39 39 £6.35 £7.91 £9.51

Stiff Upper Lip Stain £18 22 £2.93 £3.65 £4.39

Lip Stain Set of 3 £48 60 £7.82 £9.74 £11.71

Lip Stain Set of 7 £112 140 £18.25 £22.73 £27.32

Moodstruck Collection £137 175 £22.33 £27.81 £33.42

Skin the Game Collection £187 240 £30.48 £37.96 £45.62

The Essential Collection £129 165 £21.01 £26.18 £31.47

Girls Night Out Collection £113 145 £18.41 £22.93 £27.57

Heart Breaker Collection £113 145 £18.41 £22.93 £27.57

Cloud Nine Collection £113 145 £18.41 £22.93 £27.57

Page 11: The Younique Compensation Plan Explained!

PROMOTION AND COMMISSION

When you join Younique you start as a White Status Presenter with 20% personal sales commission When you have reached 1000 PRS (not £) you advance to Yellow Status and your personal

commission raises PERMANENTLY to 25% Yellow status can be achieved as quick or as slow as it takes, its accumulative and does not reset

every month All month end commissions are based or PRS value for your sale

WE WILL NOW LOOK IN DEPTH AT THE STATUS LEVELS AND PROMOTION REQUIREMENTS

Page 12: The Younique Compensation Plan Explained!

I AM YELLOW STATUS! NOW WHAT?

Woohoo! You have been promoted to Yellow which means that you have sold the equivalent of 1000 PRS and your commission is now at a permanent 25%.

Yellow status does not have a time limit on it, it is the only status that does not reset every month and is accumulative.

Once you hit Yellow status its time to really start to understand the compensation plan. Every status achievement beyond Yellow resets on the last day of every month.

Your next status achievement is Pink so lets understand some of the phrases and terms that will help you get to this status rank!

Page 13: The Younique Compensation Plan Explained!

WHAT IS YOUR COMPANY?

Your company is everyone from you downwards and everyone that is recruited as a result of YOU signing up as a presenter, even if you did not PERSONALLY sponsor them

At the beginning your circle is the same as your company – more on circle later Company wholesale sales is the total PRS sold by everyone in your company x 0.75

Page 14: The Younique Compensation Plan Explained!

GETTING TO PINK AND GETTING PAIDFOR YOUR SUCCESS LINE

In order to qualify for Pink Status in any month you need to have; 250 Personal Retail Sales (PRS) 2000 points in your company sales (75% of the points of you and ALL of your team) At least ONE qualifying recruit – This is a personally sponsored person that has sold a

minimum of 125 PRS in the same month When you achieve Pink Status in ADDITION to your 25% personal sales commission you will

then also receive 3% of your company wholesale PRS

Page 15: The Younique Compensation Plan Explained!

BEING PAID AS PINK STATUS

For example if in any month you personally had 400 PRS and 2000 company wholesale sales

On your personal sales you are paid 25% of the net value of your orders and you are paid daily for these.

On your downline you will be paid 2000 x 3% x 0.65 = £39 As mentioned before, these circle royalties are paid on the 8th of the following month

Page 16: The Younique Compensation Plan Explained!

HEADING TO BLUE – KEEP ON SHARING!

In order to qualify for Blue Status in any month you need to have; 250 Personal Retail Sales (PRS) 4000 points in your company sales (75% of the points of you and ALL of your team) At least TWO qualifying recruits – This is a personally sponsored person that has sold a

minimum of 125 PRS in the same month When you achieve Blue Status in ADDITION to your 25% personal sales commission you

will then also receive 4% of your company wholesale PRS

Page 17: The Younique Compensation Plan Explained!

BEING PAID AS BLUE STATUS

For example if in any month you personally had 400 PRS and 4000 company wholesale sales

On your personal sales you are paid 25% of the net value of your orders and you are paid daily for these.

On your downline you will be paid 2000 x 4% x 0.65 = £104 As mentioned before, these circle royalties are paid on the 8th of the following month

Page 18: The Younique Compensation Plan Explained!

HOLD ON TIGHT. ITS ABOUT TO GET INTERESTING!GETTING TO GREEN ELITE STATUS

Things are getting exciting now, you are working toward the first Elite Leadership status To achieve a Green Status you need to have; 500 Personal Retail Sales (PRS) 10,000 PRS in your company sales (75% of the points of you and ALL of your team) of

which 2000 must be in YOUR personal circle At least THREE qualifying recruits – This is a personally sponsored person that has sold a

minimum of 125 PRS in the same month When you achieve Green Status in ADDITION to your 25% personal sales commission you

will then also receive 5 % of your company wholesale PRS AND a further 5% on your personal sales commission which is paid with your month end alongside your company %

Page 19: The Younique Compensation Plan Explained!

WAIT. WHAT'S THE DIFFERENCE BETWEEN MY CIRCLE AND MY COMPANY??

When you start with Younique your CIRCLE and your COMPANY are the same things. HOWEVER… The business compensation plan is designed to make sure that presenters

need to be personally responsible for their success and they cannot rely on one or two rockstars to take them to the top.

Once one of your personally sponsored recruits hits Green Elite as well they leave your CIRCLE. This means that you need to ensure that aside from this presenter your other recruits and their team who are Blue status and below are consistent and bringing in sales.

This Green Elite and their downline become your FIRST GENERATION however they remain in your COMPANY

This is why it is SO important to always share the opportunity and to continue to build your team wide.

Your commission structure then alter slightly. You will still receive 5% on your CIRCLE and in addition a FURTHER 3% on your FIRST GENERATION

Page 20: The Younique Compensation Plan Explained!

BEING PAID AS GREEN STATUS

If you personally have 500 PRS and 100000 company wholesale sales in your team and you have NO Elites On your downline you will be paid 10000 x 5% x 0.65 = £325 team commission If however for example you have ONE Green Elite and her downline have sold 10000 PRS You and the remainder of your recruits and their teams have 2000 PRS and so your entire company is now

at 12000 PRS On your circle you will earn 2000 x 5% x 0.65 = £65 On your First Gen sales of 1000 you will earn 1000 x 3% x 0.65 = £195 (£260)

Page 21: The Younique Compensation Plan Explained!

ROCKING YOUR WAY TO ORANGE!

To Achieve the second Elite Rank and get to Orange Status you need; Minimum Personal Sales of 500 PRS 3 Qualified personally sponsored of which ONE must be a GREEN elite 20,000 company sales of which 4000 is in your circle

Once you have reached Orange Status you will also get paid for a second generation of sales, so your Green Elite can Have a Green Elite of their own, you will at this paid status be paid on this second generation

of Elite Team.

Page 22: The Younique Compensation Plan Explained!

BEING PAID AS ORANGE STATUS

Your first generation sales are 10,000 for example, second generation is also 10,000 You have 4000 circle sales, so 24,000 total company sales. On your CIRCLE you will earn 4000 x 5% x 0.65 = £130 On your FIRST GENERATION sales; 10000 x 3% x 0.65 = £195 On your SECOND GENERATION 10000 x 4% x 0.65 =£260

Page 23: The Younique Compensation Plan Explained!

ALMOST TO THE TOP! HOW TO GET TO PURPLE STATUS

To Achieve the very first Exclusive Rank and get to PURPLE Status you need; Minimum Personal Sales of 500 PRS 4 Qualified personally sponsored of which TWO must be a GREEN elite 40,000 company sales of which 6000 is in your circle

At Purple Status you are still being paid at the same % for your FIRST and SECOND generations. In addition yourCircle royalties go up to 6%!!!

Page 24: The Younique Compensation Plan Explained!

BEING PAID AS PURPLE STATUS

10,000 circle sales, 20,000 First Generation and 10,000 Second Generation = Company Wholesale of 40,000 On your CIRCLE you will earn 10000 x 6% x 0.65 = £390 On your FIRST GENERATION sales; 20000 x 3% x 0.65 = £390 On your SECOND GENERATION 10000 x 4% x 0.65 =£260

Page 25: The Younique Compensation Plan Explained!

WELCOME TO SUCCESSHOW TO ACHIEVE BLACK STATUS!

To achieve the very TOP Exclusive Rank and get to BLACK Status you need; Minimum Personal Sales of 500 PRS 4 Qualified personally sponsored of which FOUR must be a GREEN elite 80,000 company sales of which 10000 is in your circle

At Black Status in addition to your other paid levels you will also be paid on your THIRD generation

Page 26: The Younique Compensation Plan Explained!

BEING PAID AS BLACK STATUS

Your FIRST GENERATION sales are 30,000 for example, SECOND GEN 20,000, THIRD GEN 20,000 and your CIRCLE is 10,000 so your company is 80,000

On your CIRCLE you will earn 10000 x 6% x 0.65 = £390 On your FIRST GENERATION sales; 30000 x 3% x 0.65 = £585 On your SECOND GENERATION 20000 x 4% x 0.65 =£520 On your THIRD GENERATION 20000 x 5% x 0.65 = £620

Page 27: The Younique Compensation Plan Explained!

BLACK STATUS AND BEYOND!

Believe it or not Younique has since added THREE more levels to the compensation plan for success beyond Black Status!

These status’s are designed for THE most powerful performers within the Company and the rewards are INSANE..

Trust me, THIS is where you are talking about owning a life changing business, there are currently only half a dozen ladies who have reached BS1 and only two or three that have achieved BS2 BUT it is for the taking for EVERYONE..all you have to do is follow ONE simple rule..

JUST DON’T QUIT..EVER!

Page 28: The Younique Compensation Plan Explained!

HOW DO I GET TO BLACK LEVELS 1, 2 AND 3?

Black Status 1 – REQUIREMENTS Be PAID as Black Status THREE times (not consecutive ), Achieve a total combined Wholesale Sales of at least 1 million of your 1st, 2nd, and 3rd generations only AND have EIGHT First Generation Elite Status Presenters (Green or higher)

BLACK STATUS 1 - THE REWARD The Car Bonus! The It Kit contains a custom Younique chrome decal, license plate frame, and leather keychain, £1625 on time bonus and

£490 monthly allowance every month you qualify

Page 29: The Younique Compensation Plan Explained!

BLACK STATUS 2

BLACK STATUS 2 – REQUIREMENTS Be PAID as Black Status SIX times (consecutive), Wholesale Sales of at least 1 million of your FOURTH Generation ONLYAND have EIGHT First Generation Exclusive Status Presenters (Purple or Black)

BLACK STATUS 2 - THE REWARD $5000 Home Bonus!! Every month that your company achieves the level of BS2

Page 30: The Younique Compensation Plan Explained!

BLACK STATUS 3

BLACK STATUS 3 – REQUIREMENTS Be PAID as Black Status every month for a YEAR, To be on the Wall of Influence at Corporate (Reserved for Presenters who have made over $83,000 in one month which equates to a MILLION DOLLARS A YEAR!! ) AND have EIGHT first Generation Black Status Presenters

BLACK STATUS 3 – THE REWARD You are paid 1% on the ENTIRE FOURTH Generation of your business!

(This is typically a further $10,000 per month once your company has reached this size!)

Page 31: The Younique Compensation Plan Explained!

CAN I ACHIEVE THIS!?

Although when you start, most of these status levels seem SO far away but every month, people are hitting these high levels of the company and as the company grows!

Each of the colour status pay’s are a purely figurative as an example and can differ depending on the makeup and structure of the success of your downline and their sponsored recruits.

Duplication is a sure fire way to get on the path. SHARE the opportunity and teach every single recruit to do between 500-1000 PRS and to sponsor in THREE people into the business monthly

Page 32: The Younique Compensation Plan Explained!

THANK YOU FOR READING!

I hope that you have found this informative and useful, please SHARE with YOUR team andSUBSCRIBE to any of my social media channels for more of my waffling! If you have any questions please get in to touch [email protected]

If you would like to find out more about joining my exciting team

www.lashesbykaty.com or ask me for my Business Opportunity Info!

Subscribe to me on YOUTUBE – Katy Spence Follow me on www.facebook.com/katyspence Read my BLOG www.teamflawlash.com