Sunday 18 September 2011

PROMOTIONAL AMOUNT

  Purchase Promotional Amount
Distributors who will purchase of Rs. 1000/- or more per month will be paid monthly promotional amount. Under this, 4% of the company’s total purchase turnover (after deducting amount given in accidental death benefit) will be distributed through lucky draw. 1 % out of 4% will be kept for 11,000/- draw, 1% will be kept for 5000/- draw and remaining 2% will be kept for 1000/- draw.

Distributor who will regularly do a monthly purchase of 1000/- or more till three months, their names will be added to the draw and their name will remain in the draw till the time they will continue their purchase of 1000/- or more monthly. Every 1000/- regular purchase will be considered one eligibility and if more regular purchases are done then the eligibility will increase in the multiple of 1000/-.
For Example: -
Rs. 1000/- purchase gets 1 entry
Rs. 2000/- purchase gets 2 entries and so on
The distributors who have already entered the loyalty club, even if their per month purchase amount is 1000/- the eligibility will be counted on the basis of entries already made.
Performance Promotional Amount
1% of the company’s total turnover will be distributed as Performance Promotional Amount and the amount will be distributed on the basis of average of points.
Currently, this amount will be distributed from Star pin to Pearl pin achievers and points will be calculated to achieve maximum Emerald Pin. The calculation of points from star pin to pearl pin will be done as follows. The pin achieved till may 2011 will be considered for calculation.
  1. In case of maintaining same Pin constant – 4 points per month.
  2. In case of maintaining Pin below 1 level from current Pin constant – 2 points per month.
  3. In case of maintaining Pin below 2 level from current Pin constant – 1 points per month.
  4. In case of maintaining Pin above 1 level new Pin from current Pin constant – 8 points.
  5. In case of maintaining Pin above 2 levels new Pin from current Pin constant – 8 points per level.

Note: -
  1. There is no Pin below Star Pin and so if it goes below this level then there will be no points.
  2. In case of increase in Pin level, the 4 points of maintaining the pin and 8 points of increasing will be awarded simultaneously.
  3. The payment of Performance Promotional Amount for points earned during June to September 2011 will be awarded in September 2011, for points earned from October to December 2011 will be awarded in December 2011 and for points earned from January to March 2012 will be awarded in March 2012.
Note –
The benefit of Yearly promotional benefit in future will be given to only those distributors who have entered the loyalty club already and after entry they are regularly doing a purchase of Rs. 1000/- or more monthly and those whose 12 months are not completed till yet, their yearly promotional benefit will be paid on the basis of their earned points till May 2011. This amount will be paid in that month in which their entry in loyalty club completes 12 months. For this eligibility, they will have to continue a monthly purchase of Rs. 1000/- or more during this tenure. In case the purchase goes down from 1000/- in any month then the eligibility of that particular distributor will be revoked.

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