LYONESS COMPENSATION PLAN PDF

Lyoness is a multi-level marketing company [2] [3] [4] [5] [6] established in Austria in According to Lyoness, the company was active in more than 40 countries, spread over six continents, and their shopping community consisted of more than five million members as of Lyoness operates an international, cross-sectoral shopping community , from which members and merchants presumably benefit through cashback discounts and customer loyalty , respectively. The Lyoness shopping community currently has as of July an estimated seven million members around the globe, who receive discounts while shopping at 80, Lyoness partners with over , points of acceptance.

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No notes for slide. Compensation Plan 1. Part of this benefit is reimbursed directly to the Memberand the IBR after a purchase, and part of it is reimbursed over time. Cashback and Friendship Bonuses are also paid out directly to Member s and IBR s after purchases are made within the Lyoness Loyalty Merchant network, whether they are offline or online, and the remainingLyoness Loyalty program benefits are paid out over time in various ways. The same happens for everyone who shops within the LyonessLoyalty Merchants network.

Independent Business RepresentativeYou simply sign up four 4 direct Members that each make a purchase at any store within the Lyoness Loyalty Merchant network with NOminimum purchase requirement. Friendship Bonus0. Each Accounting Unitin the Accounting Program may have no more than two 2 other units linked to it directly. Each category requires a different amount of LoyaltyBenefits to accumulate before generating Accounting Units and has different maximum earnings potential on those Accounting Units.

The Member s can decide in their online office for which Accounting Categorythe Loyalty Benefits shall be deposited. Example: If your directs are shopping within the Lyoness Loyalty Merchant network then you shall receive 0. The FriendshipBonus is limited to two 2 levels. After meeting set thresholds and having 70 Accounting Units in the first Accounting Category 35 above and 35below following your accounting unit, the Lyoness program pays you Loyalty Cash.

There are five 5 Accounting Categories as described below. This can be achieved bymaking a partial payment down payment for a specific order of Loyalty Merchant Gift Card s for one of the Lyoness Loyalty Merchants in theamount of the Member Benefit.

After having 70 Accounting Units in Accounting Category I 35 above and 35 below following your accountingunit that was created in this manner, the payment is in the form of Loyalty Credit deposited into your Purchase Account to be spent within theLyoness Loyalty Merchant Network. As you enter higher Accounting Categories in theAccounting Program see chart below the payouts increase. The prerequisite to earn Loyalty Commissions is that there must be a minimum offour 4 Direct Members who each have at least one 1 Accounting Unit in the Accounting Program.

If any of your direct or indirect Members do not qualify for Loyalty Commission,meaning they do not have at least four 4 directs with each having at least one 1 Accounting Unit, then any Loyalty Commission Bonuses theymight have earned go to the first qualified person in that upline. Bonus UnitsAs Accounting Units follow above and below any of your Accounting Units, whether they are yours or those of other Members in your lifeline,Bonus Units are created for you by the program. Each Accounting Unit generates four 4 new Bonus Units as follows:a After 10 units 5 above and 5 below , a Bonus Unit is created for you and booked in the Continental American Accounting Program from top to bottom and left to right.

In addition, they are rebooked onto the next Accounting Category and create Bonus Units. They will not beeligible for further Loyalty Cash nor Loyalty Credit. Each Career Level requires a minimum amountof new volume per month. In addition, the first month you reach a new Career Level is your qualification month. Perfection can only take place for Career Level 4 and above per the chart below.

Career Level 1 2 3 4 5 8 7 7 6 6 5 Results in level of perfection 8 7 6 6 5 5 4 Results in level of perfection 7 6 5 5 4 4 3 Results in level of perfection 6 5 4 4 3 3 2 Results in level of perfection 5 4 3 3 2 2 1 Results in level of perfection 4Minimum requirements for Levels of perfection for Career Levels 4 through 8. Once you have confirmed a Career Level, Lyoness will pay you a VolumeBonus as described in the chart below.

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LYONESS COMPENSATION PLAN

Part of this benefit is reimbursed directly to the Member and the IBR after a purchase, and part of it is reimbursed over time. Cashback and Friendship Bonuses are also paid out directly to Member s and IBR s after purchases are made within the Lyoness Loyalty Merchant network, whether they are offline or online, and the remaining Lyoness Loyalty program benefits are paid out over time in various ways. The portion s of the benefits not paid out directly to Members and IBR s are called a Loyalty Benefit and they accumulate in what is known as a Loyalty Account as purchases are being made. Those personally introduced by the Member s or IBR s are known as direct Members and when a direct Member introduces another Member, they are known as indirect Members. The same happens for everyone who shops within the Lyoness Loyalty Merchants network. Independent Business Representative You simply sign up four 4 direct Members that each make a purchase at any store within the Lyoness Loyalty Merchant network with NO minimum purchase requirement.

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