Comp Plan - Close - Freedom Resort Club

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Comp Plan - Close - Freedom Resort Club
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The!Membership!!
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Freedom Resort Club offers its Members exclusive discounts on Resort Condos
and Hotels around the world. Save on average 78% at Resort Condos and Hotel
savings up to 40%. Resort weeks starting as low as $98 a week.
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Bronze Membership
Silver Membership
Gold Membership
$477
$777
$977
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One resort condo
vacation week per
year at any of our
partner resorts
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Three resort condo
vacation weeks per
year at any of our
partner resorts
•
Unlimited nightly
condo resort and
hotel stays
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Unlimited nightly
condo resort and
hotel stays
•
Unlimited resort
condo vacation
weeks per year at
any of our partner
resorts
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Unlimited nightly
condo resort and
hotel stays
•
Add 6 family or
Friends to
membership
Compensation!Structure!
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The Freedom Resort Clubs compensation structure is geared to significantly
reward both the part time individual Representative as well as those who choose
this opportunity as a full time occupation. There are two different options for
becoming a Representative with Freedom Resort Club.
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1. Become a Representative/Member and Save (Sign up as a Rep and
Member at the same time and you will save $55 on your Representative
fee)
- Enrollment Rep Fee is $22 and Member Fee $477, $777, $977.
- Monthly Self-replicating Website, back office and rep support. Fee
$19.95 a Month
- Monthly Member dues $47 a Month
2. Become Representative Only
- Enrollment Fee $77
- Monthly Self-replicating Website, back office and rep support. Fee
$19.95 a Month
*Representative is anyone signs up for the business opportunity to sell FRC
memberships. Member is someone who buys a FRC Membership to take
advantage of the travel discounts.
!FRC!4!ways!To!Earn!Money!!
New Membership Commission This immediate income is earned when you
refer a new Member to Freedom Resort Club and this Member signs up for one
of the three Membership levels (Bronze, Silver, or Gold).
Monthly Residual Commission Here, Representatives are paid an ongoing
monthly commission based off their down line member $47 per month fee to stay
active as Member. Representative will earn this as long as they remain in good
standing with Freedom Resort Club.
The Fast Start Bonus As a FRC Rep, we give you the opportunity for a quick
liftoff. When you have 4 personal Membership sales in the first 30 days of
becoming a Representative, you will receive a $250 bonus. This is over and
above your standard commission. There is no limit on how many times you can
cycle this process in the first 30 days.
Example: In your first 30 days.
• Sell 4 memberships: $250 bonus.
• Sell 8 memberships: $500 bonus.
• Sell 12 memberships: $750 bonus.
*Remember no cap on how many times you can cycle in your first 30 days
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Global Ambassador Bonus Pool FRC will put 1% of new Membership sales
into a bonus pool. This bonus pools is split between the Global Ambassadors
that make up the pool. Bonus will be paid on a monthly basis and will be for the
prior calendar month new Membership sales.
Front!End!Income!!
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Income above Shown With Membership Sale of Gold ($977)
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Representative Rank
Upon executing a Representative Agreement with Freedom Resort Club and
paying the Representative Fee you will begin your business at the
Representative Level. At this level you will be entitled to obtain Members for
FRC as well as sponsor other Representatives into the program. You will receive
12% on new Membership sales.
Marketer Rank
Upon accumulating 3 total sales, either by yourself or your down line you will be
promoted to the Marketer level in the compensation structure.
Level 1/Direct
Level 2
12% commission on all personal sales that you make
8% override all sales
Director Rank
Upon completing 6 total group sales in your organization, you will be promoted to
the rank of Director in the FRC compensation structure.
Level 1/Direct
Level 2
Level 3
12% commission on all personal sales that you make
8% override on all sales
8% override on all sales
National Director Rank
Upon completing 25 total group sales in your organization, you will then be
promoted to the rank of National Director in the FRC compensation structure. To
maintain rank you or your down line must have $5,000 in new Membership sales
each month.
Level 1/Direct
Level 2
Level 3
Level 4
Level 5
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12% commission on all personal sales that you make
8% override on all sales
8% override on all sales
8% override on all sales
5% override on all sales
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Global Director Rank
Upon completing 50 total group sales in your organization, you will then be
promoted to the rank of Global Director in the compensation structure. To
maintain rank you or your down line must have $8,000 in new Membership sales
each month.
Level 1/Direct
Level 2
Level 3
Level 4
Level 5
Level 6
12% commission on all personal sales that you make.
8% override on all sales
8% override on all sales
8% override on all sales
5% override on all sales
5% override on all sales
Ambassador
Upon completing 100 total group sales in your organization, you will then be
promoted to the rank of Ambassador in the compensation structure. To maintain
rank you or your down line must have $12,000 in new Membership sales each
month.
Level 1/Direct
Level 2
Level 3
Level 4
Level 5
Level 6
Level 7
12% commission on all personal sales that you make.
8% override on all sales
8% override on all sales
8% override on all sales
5% override on all sales
5% override on all sales
2% override on all sales
National Ambassador
Upon completing 250 total group sales in your organization, you will then be
promoted to the rank of National Ambassador in the compensation structure. To
maintain rank you or your down line must have $18,000 in new Membership
sales each month.
Level 1/Direct
Level 2
Level 3
Level 4
Level 5
Level 6
Level 7
Level 8
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12% commission on all personal sales that you make.
8% override on all sales
8% override on all sales
8% override on all sales
5% override on all sales
5% override on all sales
2% override on all sales
2% override on all sales
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Global Ambassador
Upon completing 500 total group sales in your organization, you will then be
promoted to the rank of Global Ambassador in the compensation structure. To
maintain rank you or your down line must have $25,000 in new Membership
sales each month.
Level 1/Direct
Level 2
Level 3
Level 4
Level 5
Level 6
Level 7
Level 8
12% commission on all personal sales that you make.
8% override on all sales
8% override on all sales
8% override on all sales
5% override on all sales
5% override on all sales
2% override on all sales
2% override on all sales
Promotions
Promotions occur in real time. That is once you achieve the qualifications for a
rank, the next sale is paid at that newly achieved rank. For example, if you are a
Marketer and have 5 total group sales, one of which is personal, and on Monday,
a group sale in your organization is closed at 1:00pm, then you would
immediately be promoted to Director, and if a sale is closed at 1:01pm, you
would be paid at the Director level.
If a Representative down line does not meet their monthly new Membership
sales goal, Representative will be demoted to the rank that meets their monthly
activity. Representative will receive commission according to rank at that time.
Back!End!Income!
Ongoing!Residual!Income!
Now we will go into the ongoing, monthly residual income that you may earn as
long as you are a qualified Freedom Resort Club Representative.
The ongoing income is a percentage of the monthly Membership dues by the
Members in your down line, to FRC, as part of a Members staying active.
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Residual Income Chart
Residual Income Chart with Example of $47 per Month
Membership Dues
As you can see from the above charts, you may receive a percentage of the
Membership dues from Members that you have personally introduced to the
Freedom Resort Club, as well as members who have been introduced to FRC
from others you have trained to sell and refer to Freedom Resort Club. You can
receive these commissions on up to eight levels of Members depending on your
current rank in the FRC compensation structure and whether or not you are an
active Representative in the Freedom Resort Club program.
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Commission Run
Representatives will receive commission checks (direct deposit) on the following
day below.
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New member income commission will be paid every Friday for the prior
week’s sales. (Monday to Sunday)
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Monthly Residual commission will be paid once a month on the last Friday
of the month.
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All bonuses will be paid on the 15th of the month from prior month.
Charge backs
Should FRC, at its discretion or because of the changing legal environment,
decide to make a refund to any client for any reason, the commissions paid on
that sale will be reversed for all Representatives who received commissions. A
charge a back would only happen if a member cancels with in first 3 days.
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