Yashbiz network marketing - Yashbiz business plan

Abhindime November 07, 2020

Do you want to know about Yashbiz business plan? Do you also want to do business in Yashbiz Marketing Private Limited? If your answer is "yes" then you have come to the right place. In this article we will understand about Yashbiz business plan, Yashbiz product list, Yashbiz product pdf, Yashbiz product price list pdf, Yashbiz product, Yashbiz Registration, Yashbiz certificate, Yashbiz marketing login.

Yashbiz business plan

Yashbiz Marketing Private Limited is a Direct Selling business. This is a business opportunity that allows you to set up your own business to distribute products by creating and training a team to future your reach. Incentives are paid on the sales of products. Yashbiz Marketing Private Limited offers a rewarding system of compensation to those who invest their efforts in the business. Let's understand how you earn while you grow your Yashbiz business.

Anybody who wants to start an independent business can become an independent distributor of Yashbiz Marketing Private Limited. To become an independent distributor, one has to register himself/herself as a customer with the company by filling a simple registration form free of cost and purchase products for personal consumption.

Once a customer is satisfied with the quality of Yashbiz products, he/she may refer these products to prospect customers and earn financial benefits in the form of incentives and rewards. To earn these incentives and rewards, the customer has to become an independent distributor by accepting the contract and has to abide by the terms & conditions of Yashbiz Marketing Private Limited.

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TYPES OF INCOME

  1. BUSINESS MATCHING INCENTIVE
  2. ROYALTY INCENTIVE
  3. TEAM PERFORMANCE INCENTIVE

BUSINESS MATCHING INCENTIVE

The Business Matching aspect of the Compensation Plan is calculated from your network, with 2 Business Teams - Left Team & Right Team. When an Independent Distributor successfully builds Point Value (PV) within the network, he/she will be rewarded with the Business Matching Incentive. Yashbiz rewards its Independent Distributors with Business Matching Incentive for their efforts in supporting them to get associated based on the order they place. As their team grows, they will be entitled to get a Business Matching incentive based on the Balanced PV generated on either side.

For example:
An Independent Distributor & his / her team refer sales of 500 PV in Left Team & 750 PV in Right Team. On matching of business of 500 PV, Yashbiz Compensation Plan pays him / her Rs. 500 / - as Business Matching Incentive.

 

Left Team

Right Team

 

Week 1

500 PV

750 PV

1 PV = Rs. 0.9/-

Marched PV

500 PV

750 PV

500 PV = Rs. 450/-

Balance PV

0 PV

250 PV

 

Week 2

1250 PV

750 PV

 

Total PV

1250 PV

1000 PV

 

Marched PV

1000 PV

1000 PV

1000 PV = Rs. 900/-

Balance PV

250 PV

0 PV

 

 

Notes
* Business Matching Incentive is calculated on daily basis and paid on weekly basis.
* Closing Period: Business Matching Incentive is calculated on business done between 00:00:00 am to 23:59:59 pm every day.
* Payout Period: Business Matching Incentive is paid to Independent Distributors on every respective Tuesday.
* The maximum threshold limit for earning business matching incentive per day depends upon the self-purchase done by the Independent Distributor as mentioned in the below table:

S NO.

Status

Self Purchase

Daily Capping

1

Silver

250 PV

1000 PV

2

Gold

500 PV

2000 PV

3

Platinum

750 PV

3000 PV

4

Diamond

1000 PV

4000 PV

 

* To earn Business Matching Incentive, Independent Distributor must have 2 personal enrolled teams.
* Active Business is calculated after all cancellations and refunds deducted from the current payout period.
* Company reserves the right to change/modify the Business Matching Incentive.
Yashbiz rewards its Diamond Independent Distributors with a special incentive called Royalty Incentive.

When a Diamond Independent Distributor is able to refer sales of 11000 PV in 11 different teams. Yashbiz rewards him/her with Royalty Incentive. To give away this Royalty Incentive Company allocates a special fund of 3% of increasing monthly PV turnover and pays the allocated amount equally to all the Royalty Incentive achievers.

NOTES
  1. Royalty Incentive is calculated and paid monthly.
  2. Closing Period: Royalty Incentive is calculated on the business done between 1st & last day of every month.
  3. Payout Period: Royalty Incentive is paid on the 5th day of every respective month of the closing month.
  4. Active Business is calculated after all cancellations and refunds deducted from the current payout period.
  5. The company reserves the right to change/modify Royalty Incentive.

TEAM PERFORMANCE INCENTIVE

Yashbiz Compensation Plan pays its Independent Distributors with Team Performance Incentive on every product purchase in the form of Level Income. This is the simplest form of compensation to compensate Independent Distributors on the business generated on different levels in their team. When a Yashbiz Independent Distributor introduces a customer directly and such customer buys a product and becomes Yashbiz Independent Distributor and he/she too further introduces other customers / Independent Distributor, it makes a group. The sale of each product in a group generates special points called Point Value (PV) points for all Independent Distributors in the upward network. Yashbiz Independent Distributors are compensated with 80% of PV generated in 20 levels under his / her team as mentioned in the below table.

Level

Incentive Slab

Level

Incentive Slab

1

4%

11

4%

2

4%

12

4%

3

4%

13

4%

4

4%

14

4%

5

4%

15

4%

6

4%

16

4%

7

4%

17

4%

8

4%

18

4%

9

4%

19

4%

10

4%

20

4%

 

RETAIL PROFIT

Selling Yashbiz Products directly to the customers is the first step to success and building a solid foundation for your business. Retail selling is the surest method of earning immediate incentive even as you build a long term business and satisfied customers.

Retail profit is the margin between the prices at which the Yashbiz Independent Distributors purchase the products (Distributor Price / DP) and the price at which these products are sold (Maximum Retail Price / MRP). Independent Distributors in Yashbiz Compensation Plan can earn retail profit from 10% to 20% on the MRP of the products.

 Conclusion

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