1 Overview: Vegetacare’s Marketing Plan offers you unique opportunities which can lead to higher levels of success and to great achievement. Vegetacare’s Marketing Plan pays out of its product revenues to our esteem Executives in the form of Immediate Retail Profit, Wholesale Profit (Commissions), Down Line Income, Pyramid Income, Multi-Layer Income, Royalty Income and other bonuses as applicable. In the Vegetacare organization, success of each Executive is dependent on two primary factors: • The time, effort and commitment an Executive puts into their Vegetacare business. • The product sales made by an Executive and their downline organization. These two factors raise the importance of an Executive responsibility to train, support and motivate their downline organization. The different levels of Vegetacare’s Sales & Marketing Business have specific qualifications and associated benefits to reward Executives for their efforts and enhance their success. Figure 1 Why Vegetacare: Because we are committed to enriching health and happiness to every individual associated with us by providing them a healthier and financially assured life. Business Opportunity: “It is a type of opportunity in which you will engage in the business just by spreading the true facts about human health and illness.” The Vegetacare business opportunity allows you numerous benefits including It can be taken as a part time or full time business. It is accessible virtually by anyone interested in operating an independent business. This business provides you the flexibility to work where and when you want. This business gives you time for family and friends as well as the opportunity to earn a good income. 2 The business offers you all the personal support and assistance you require to become the Business Owner. Other Features of the Vegetacare business opportunity No Investments No Time Limit No Targets No Boss No Tension Training & Support Home based Business Legal Income Financial Freedom Time Multiplication World Wide Expansion Nomination Facility Unlimited Income Potential At Vegetacare we believe that to sell a quality Vegetacare product you need to understand it and use it with confidence. We want our Business Owners become product brand ambassadors, this enables them to sell Vegetacare products with confidence and run their businesses effectively. Vegetacare really does enable you to be in control of your own life. With the Vegetacare business opportunity, you work for yourself, not for Vegetacare or your sponsor. It’s entirely up to you how much time and effort you put into your business. Like anything else in life, the amount you achieve reflects the amount you put in. Understanding Certain Terms: Throughout this manual, we use certain terms for example the term volume is used in the Marketing Plan and it is the base for qualifying and working your way to higher levels. Thus it is necessary to understand following points before describing executive levels. 1. Each purchase will generate Personal volume (PV) and downline volume (DV). 2. One SPV (Self Purchasing Volume) = Rs. 1000/3. All Business is done in terms of Business volume (BV). 4. Definition of Business volume (BV): It is defined as the sum of Personal Volume (PV) and Down line Volume (DV). i.e. [BV = PV + DV] 5. Personal volume (PV): It will be accumulated in your account in two ways a) It is accumulated by self purchasing of products. Thus it is called as Self Purchasing Volume (SPV). b) 20% of your Executive (First level executive) Self Purchasing Volume will be accumulated in your account as personal volume (PV) (Figure 2). 3 6. Downline Volume (DV): This volume will be accumulated in your account by purchasing of products from your down line organization. Up to four level of downline organization, it will be counted as your DV. For example for down line organization, First level - 100% transfer, IInd level- 75%, IIIrd level50%, IVth level- 25% will be transfer to your account as DV (Figure 2). 7. 10% Qualification Rule: Every qualification is based on BV accumulated in your account and to achieve any qualification, 10% of BV must be required as PV. Figure 2: Different levels of your downline organization Becoming a Executive – The First Important Step The only requirement is to purchase the product in order to become a Vegetacare Independent Executive. Along with the first purchase you will get an Application form for Independent Executive ship, which you must duly complete and submit in order to receive a Vegetacare Identification Number (VIN). You officially become a Vegetacare Executive when your properly completed Application will be processed and accepted by the Vegetacare. This process takes only a few days, but in the meantime, you are entitled to buy Vegetacare products from or through your registered Sponsor at the applicable discount. Once your Application has been accepted and you get your VIN, your contract with Vegetacare becomes effective immediately, giving you all the rights, responsibilities and privileges of an Executive. With your unique VIN, you can track your Multilayer Marketing Business record, further purchases shall be made through this number only and for any query, you can communicate with Vegetacare through this unique number only. 4 Income Opportunities for Executives The Vegetacare Marketing Plan provides many opportunities to earn income. 1. Immediate Retail Profit by Direct Discount: As an Executive, when you and your downline organization purchase Vegetacare products, you earn Business Volume (BV). The amount of Retail Profit by direct discount on each purchase will depends on the BV you earned in your account for example 20 BV in your account will give you 20% discount on that purchase. As your volume increases, this discount will increase and goes up to a maximum of 45%. When you sell these products to customers, the difference between the discounted product price paid by you and the retail price paid by your customer is your Retail Profit (Figure 3). *Base Price: The price given by the company on each product. It is below MRP. This price does not include taxes etc. Figure 3: Immediate Retail Profit by Direct Discount. 2. Wholesale Profit (Commissions) through Difference Discount: In addition to Retail Profit, Vegetacare Executives also earn Wholesale Profit on the products purchased by your Executive (First level executive). Your Wholesale Profit, also called Commissions, is the discounted price you pay for products and the discounted price paid by your Executive. If you sell products directly to your Executive, you can earn Wholesale Profit immediately. If your Executive purchases their product directly from Vegetacare, then Vegetacare pays the difference in discount percentage to you at the end of each month. Thus Wholesale Profit depends upon the difference in Business Volume (BV) between you and your executive (Figure 4). You can earn upto a maximum of 45% wholesale profit#. *Base Price The price given by the company on each product. It is below MRP. This price does not include taxes etc. #Note: a) b) Earning from 45% will depend upon two factors Either 10% qualification rule will follow: 10% qualification means your account must have 10% PV out of total BV at the end of each month but if you are unable to fulfill 10% qualification, then your wholesale Profit will be calculated from 30% discount irrespective of their actual BV. You can also avail discount from 45% even if you are unable to fulfil 10% qualification rule. In this case your monthly selling from First Level Executives including you must exceed from 15 BV then you will be entitled to get wholesale income from 45%. Figure 4: Wholesale Profit (Commissions) through Difference Discount 5 3. Down Line Income: Levels of Success: The people you personally sponsor as Vegetacare Executive are known as your First-Level. They may be friends or family or business associates, or even people you have just met. You can personally sponsor as many people as you want. When these Executives in your First-Level, sponsor other Executives, these new Executive become your Second level. When your Second Level, in turn, sponsors others, they will become the Third level in your organization and so on (Figure 5). Executive earns 7% of base price in the form of down line income from his first level executive, 5% from second level executive, 3% from third level and 1% from its fourth level. Thus an executive can earn upto 16% from their four levels of downline as shown in Figure 5. Note: In order to get down line income, the executive must be active. Once executive account gets deactivated, it never reopens again. (Executive becomes inactive only when there will be no activity seen in their account for consecutive six month. i.e. executive neither sponsoring new executives nor purchasing product for themselves is suppose to be inactive). Down line income will be released on monthly bases. Figure 5: Down Line Income. Qualification for Executive No qualification is required. You are entitled to get these incomes by just purchasing the products and acceptance of duly filled application form by the company. Becoming a District Executive In order to get further incomes, Executive must qualify for District Executive level. Qualification for District Executive Executive must accumulate either 100 BV in one month or 200 BV in three successive months and so on as shown below in Figure 6. 6 Figure 6: Qualification for District Executive. Income Opportunities for District Executives The Vegetacare Marketing Plan provides many opportunities to earn income for District Executives. 1. Immediate Retail Profit by Direct Discount: As similar to Executive. 2. Wholesale Profit (Commissions) through Difference Discount: As similar to Executive. 3. Down Line Income: As similar to Executive. Other privileges to District Executives over Executives: 1. Account never permanently deactivated: The account inactivation criteria is similar to Executives i.e. In order to get down line income, the District executive account must remains active. But after inactivation, it will be reopened after submitting a fee of Rs. 500 rupees. 2. Pyramid Income from first level of organization: District Executive gets this income from their first level of down line organization except Executive Group where he will get from his entire down line organization as shown in figure. He will get 3% income from his downline executive group and 2% from his downline District executives group that includes District Executive also as shown in figure. If purchasing take place in second level of organization of a district executive then he will not be entitled for Pyramid income because Pyramid income comes from the first level of organization as shown in the Figure 7. Note: Company distributes 10% of base price in this section of income. Figure 7: Pyramid Income from first level of organization 7 Monthly Payment Eligibility Criteria for District Executive: In order to get payment from company, District Executive has to fulfill 0.5 SPV per month or 1.0 SPV in two month or like that 6.0 SPV in whole year. Payment will release only after this requirement has been completed by District Executive. Payment will lapse if District Executive are unable to complete the requirement in their whole year. Becoming a State Executive: In order to get further incomes, District Executive must qualify for State Executive level. Qualification for State Executive Executive must accumulate either 200 BV in one month or 400 BV in three successive months and so on as shown in Figure 8. Figure 8: Qualification for State Executive. Income Opportunities for State Executives The Vegetacare Marketing Plan provides many opportunities to earn income for State Executives. 1. Immediate Retail Profit by Direct Discount: As similar to Executive. 2. Wholesale Profit (Commissions) through Difference Discount: As similar to Executive. 3. Down Line Income: As similar to Executive. 4. Account never permanently deactivated: As similar to District Executive. Other privileges to Country Executives over State Executives: 1. Pyramid Income from first level organization: State Executive gets this income from their first level of down line organization except Executive Group where he will get from all of his down line organization. He will get 6% income from his downline executive group and 4% from his downline District executives group and 2% from State Executive group as shown below in figure. If purchasing take place in second level of organization of a State Executive then he will not be entitled for Pyramid income because Pyramid income comes from the first level of organization as shown in the Figure 9. 8 Note: Company distributes 10% of base price in this section of income. Figure 9: Pyramid Income from first level organization. 2. Multilayer Income: you are eligible to receive 4% Organizational Production Bonus in the form of Multilayer Income. This income comes from Second level of organization and it goes upward up to Global Executives (figure 10A). If an organization have more than one similar kind of executives (for example State executive in figure 10B), then lower executive will only get income. State Executive will not get this income, if the purchasing takes place directly under him i.e. level-1 of its organization (figure 10C). Note: Company devotes 10% of base price to this section of income. Figure 10A Figure 10B 9 Figure 10C Figure 10: Multilayer Income 3. Other Benefit: You also becomes eligible for special planning and training sessions targeted to accelerate your progress to Country Executive. Monthly Payment Eligibility Criteria for State Executive: In order to get payment from company, State Executive has to fulfill 1.0 SPV per month or 2.0 SPV in two month or like that 12 SPV in whole year. Payment will release only after this requirement has been completed by State Executive. Payment will lapse if State Executive are unable to complete the requirement in their whole year. Becoming a Country Executive: In order to get further incomes, State Executive must qualify for Country Executive level. Qualification for Country Executive: Executive must accumulate either 400 BV in one month or 800 BV in three successive months and so on as shown in Figure 11. Figure 11: Qualification for Country Executive Income Opportunities for Country Executives The Vegetacare Marketing Plan provides many opportunities to earn income for Country Executives. 1. Immediate Retail Profit by Direct Discount: As similar to Executive. 10 2. Wholesale Profit (Commissions) through Difference Discount: As similar to Executive. 3. Down Line Income: As similar to Executive. 4. Account never permanently deactivated: As similar to State Executive. Other privileges to Country Executives over State Executives: 1. Achieving Country Executive Status is a first prestigious recognition within Vegetacare. This status indicates that the Country Executive has developed a strong, active downline base and has demonstrated a willingness to take a leadership role within the Vegetacare and company gives you opportunity for Training and Promotion of the Vegetacare products within the country. All of your expense during training and promotion will be born by the company. 2. Pyramid Income from first level organization: Country Executive gets this income from their first level of down line organization except Executive Group where he will get from all of his down line organization. He will get 12% income from his downline executive group, 6% from his downline District executives group, 4% from State Executive group and 2% from his down line Country Executive group as shown below in figure. If purchasing take place in second level of organization of a State Executive then he will not be entitled for Pyramid income because Pyramid income comes from the first level of organization as shown in the Figure 12. Note: Company distributes 10% of base price in this section of income. Figure 12: Pyramid Income from first level organization. 3. Multilayer Income: In this income Country executive gets 5% Organizational Production in the form of multilayer income. See in Figure 13, the various examples of multilayer income for Country Executive. Note: Company devotes 10% of base price to this section of income. 11 Figure 13A Figure 13B Figure 13: Multilayer Income Figure 13C Figure 13D Figure 13: Multilayer Income Monthly Payment Eligibility Criteria for Country Executive: In order to get payment from company, District Executive has to fulfill 2.0 SPV per month or 4.0 SPV in two month or like that 24 SPV in whole year. Payment will release only after this 12 requirement has been completed by Country Executive. Payment will lapse if Country Executive are unable to complete the requirement in their whole year. Becoming a World Executive: In order to get further incomes, Country Executive must qualify for World Executive level. Qualification for World Executive: Executive must accumulate either 800 BV in one month or 1600 BV in three successive months and so on (Figure 14). Figure 14: Qualification for World Executive. Income Opportunities for World Executives The Vegetacare Marketing Plan provides many opportunities to earn income for World Executives. 1. Immediate Retail Profit by Direct Discount: As similar to Executive. 2. Wholesale Profit (Commissions) through Difference Discount: As similar to Executive. 3. Down Line Income: As similar to Executive. 4. Account never permanently deactivated: As similar to Country Executive. 5. Pyramid Income from first level organization: As similar to Country Executive (Figure 15). Note: Company distributes 10% of base price in this section of income. Figure 15: Pyramid Income from first level organization. 13 Other privileges to World Executives over Country Executives: 1. Multilayer Income: In this income World executive gets 6% Organizational Production bonus in the form of multilayer income. See the various examples of multilayer income for World Executive. Note: Company devotes 10% of base price to this section of income. Figure 16A Figure 16B Figure 16C Figure 16D Figure 16: Multilayer Income 14 2. Royalty Income One: You are the company’s pillars that make the outer circle of company (Figure 20). Company will gives you the responsibility to work for company growth and as a leader you organize and manage worldwide trainings. All of your expense during organizing and managing worldwide trainings will be born by the company. You will also participate in the special conferencing calls with inner circle and founder circle of the company. To honor the world executives, company annually distributes 2% of company net profit in the form of bonus to all of the world executives*. *Note: To achieve Royalty income, you must have two (2) active country Executives, in your first level organization. Monthly Payment Eligibility Criteria for World Executive: In order to get payment from company, World Executive has to fulfill 4.0 SPV per month or 8.0 SPV in two month or like that 48 SPV in whole year. Payment will release only after this requirement has been completed by World Executive. Payment will lapse if World Executive are unable to complete the requirement in their whole year. Becoming a Global Executive: In order to get further incomes, World Executive must qualify for Global Executive level. Qualification for Global Executive: Executive must accumulate either 1600 BV in one month or 3200 BV in three successive months and so on as shown in Figure 17. Figure 17: Qualification for Global Executive. Income Opportunities for Global Executives The Vegetacare Marketing Plan provides many opportunities to earn income for World Executives. 1. Immediate Retail Profit by Direct Discount: As similar to Executive. 2. Wholesale Profit (Commissions) through Difference Discount: As similar to Executive. 3. Down Line Income: As similar to Executive. 4. Account never permanently deactivated: As similar to Country Executive. 5. Pyramid Income from first level organization: As similar to Country Executive (Figure 18). Note: Company distributes 10% of base price in this section of income. 15 Figure 18: Pyramid Income from first level organization. Other privileges to Global Executives over world Executives: 1. Multilayer Income: In this income World executive gets 7% Organizational Production bonus in the form of multilayer income. See (Figure 19) the various examples of multilayer income for World Executive. Note: Company devotes 10% of base price to this section of income. Figure 19A Figure 19B 16 Figure 19C Figure 19D Figure 19: Multilayer Income 2. Royalty Income One: As similar to World Executive i.e. to honour the Global executives, company distributes 2% of company net profit in the form of bonus at the end of each year to all of the Global executives*. *Note: To achieve Royalty income one, you must have two (2) active country Executives, in your first level organization. 3. Royalty Income Two: After Founder, you are the company’s top most pillars and making the inner circle of company. To honour you, company distributes 5% of company net profit in the form of bonus at the end of each year to all of the Global Executives* as Royalty Income Two. *Note: To achieve Royalty income two, you must have two (2) active country Executives and one (1) active world executive, in your first level organization. Figure 20 4. Company may appoint you at various higher posts in the Vegetacare Organization: What a privilege it is to the Company having such amazing team members. Company appreciates your dedication and hard work because of which, 17 company is achieving new milestones at each year. Company needs your experience to serve the organization so to honour you company has decided to appoint you at various higher posts in the organisation that may include the appointment of CEO of the company. Monthly Purchase Criteria for Global Executive: In order to get payment from company, Global Executive has to fulfill 8.0 SPV per month or 16.0 SPV in two month or like that 96 SPV in whole year. Payment will release only after this requirement has been completed by Global Executive. Payment will lapsed if Global Executive unable to complete the requirement in their whole year. Submission of Annual Processing Charge: Company is charging Annual Processing Fee because a great deal of administrative time and labor goes into the handling of your records so annual processing fee is the fairest way to cover these costs. Thus all Executives must submit their Processing Fee of Rs. 500 annually to maintain their rights and privileges. If any Executive fails to submit their annual processing Fee, he will not be entitled to get payment from very next month. His payment will releases only if he will submit his processing fee along with penalty of Rs. 500. Vegetacare Rules and Regulations: Age Requirement for Executives: An applicant must be at least 18 years of age to become a Vegetacare Independent Executive. Independent Executive: Vegetacare Executives are independent business persons and no Executive shall represent or imply that he has any employment relationship with Vegetacare Remedies Pvt. Ltd. except for Global Executives. The use of words employee, agent, company representative either orally or any written way is strictly prohibited. Placing an order: You can place orders through your upline sponcer or directly to Vegetacare. When you become a District Executive then you must order directly from Vegetacare. You can place order by telephone, mail etc. Accepted method of payment: All orders must be paid in full and accepted for us to release the order. The following methods of payment are accepted A) Cash: must be submitted to the Vegetacare Remedies Pvt. Ltd. Bank account. B) Credit Cards / Debit Cards: Card must be in the name of purchaser. C) Demand Draft: D.D. must be payable to Vegetacare Remedies Pvt. Ltd. D) Electronic Funds Transfer: Must be paid to Vegetacare Remedies Pvt. Ltd. Bank account. 18 Monthly and annual earnings distribution from company: In order to get your earnings from company, you have to provide us your proof of legal residency, as it required by the company to send your earnings in the form of cheque. A cheque will be delivered to you only when a minimum of Rs. 500/- will accumulate in your Vegetacare account. Tax issue: In this business, the tax liability on you is similar to any other business you independently operate. Executive are solely responsible for filing their annual income to income tax department. As per the income tax rule, Vegetacare will deduct 10% for those who provide PAN detail and 20% deduction for those who do not provide the PAN detail. We recommend that you consult a tax advisor in your local area to assist you for further information. Tax liability for every Executive: India has easy to follow tax law. In particular, upon reaching certain turnover thresholds, the Indian Sale Tax Act requires you to register. This registration is solely your responsibility and you must be in compliance with all sale tax law. Comply with State law and Central law: All Executives must comply with all state and central law and regulations that apply to their Vegetacare business and shall not in any business activity that could discredit reputation of Vegetacare. Advertising and promotion: It is not permitted for any Executive to display Vegetacare name, products and materials on Retail Shops. Broadcast, Audio recording of any kind that relates to, mentions, or promotes in any way, either directly or indirectly the Vegetacare name, products, materials also not permitted at outdoor places like television, radio, news paper and public places etc. but it can be done indoor like home, private office or other company meeting places etc. It is permissible to have any Vegetacare approved brochure, flyers, catalogs, business cards or other printed material on a table or counter but not presented in display fashion. A Executive with a private office may sell Vegetacare products from such an office provided that no Products, Signs, Posters, flyers or brochures are visible from the street or side walk and are not displayed. Executive may produce their own advertisements provided they are truthful accurate in content. Make no therapeutic or medical claims but you can say that Vegetacare works in harmony with nature and complete biochemical balance of the cells by supplying the essential requirements through cellular nutrition thereby making your body strong enough so that it can able to deal with various disorders. Violation of Vegetacare rules: Whenever there is any violation of the Vegetacare rules, Vegetacare may in its sole discretion take whatever actions or measures it deems necessary and appropriate, including but not limited to, suspension of buying privileges, suspension of earnings, fine and termination of the Executiveship. 19