Sunday 1 January 2012

Exciting changes to our Compensation Plan

Now is your time to get involved!

We have taken a different course for tonight’s blog, and we feel it is important we do, because, the company has taken steps to improve the chances of success, all in the short term, medium and long term, in the days of pensions being taken away from us, this is a chance to create a life time residual income, that will grow and grow. Please see the words below that briefly outline how we are achieving our success, but our success is built on your success.

As many of you are aware, Telecom Plus, who owns the Utility Warehouse brand, is currently seeing record levels of customer growth and the business is going from strength to strength.

www.theabcsolution.co.uk is part of one of the most amazing business success stories this country has ever seen, and takes huge pride in the part you have played in creating it.

Are we pleased with the progress we are making? Of course! But we want to make you a success of the story, to see how please see this DVD, http://www.telecomplus.co.uk/biz/videodir/home.taf?exref=G62804.
But can we afford to rest on our laurels as the wider economy heads back into recession next year? Absolutely not!

That’s why the company has announced the biggest changes to the Compensation Plan that they have ever made.

These changes will help drive our growth even faster and:
  • make it easier for new IDs to get started and qualify their positions;
  • increase the amount you can earn from Team Building;
  • create a real financial incentive for Distributors to gain promotion and maintain their Status; and
  • deliver an immediate increase in residual income to most distributors.
Telecom Plus statement, So what’s new?

With effect from 15 January 2012:

1 All Distributors will become Qualifying Distributors once they have just 3 personal customers (instead of 6 under the current plan). Overnight, this means around 4,500 Distributors will be promoted or see an increase in their current Status!

2 We are making it easier for new Distributors to earn their 90-day Starter Bonus by reducing the target to just three Qualifying Customers.

3 We are making it simpler for new Distributors to understand the business and get started successfully by separating Customer Gathering from Team Building. Importantly, this means that they will only be able to recruit new distributors once they have become a QD and attended the new COE Team Building Training Course.

4 We are introducing a new enhanced Team Building Bonus (TBB) to encourage sponsors to help their new Distributors to get started quickly and effectively.

This new TBB means that in addition to the £50 you currently receive when a new ID you have sponsored receives their 90-Day Starter Bonus, you will now also earn matching CGB on the first 3 customers gathered by each of your new Distributors within their first 90 days. This provides a massive incentive for you to accompany them to their first few appointments and help them get qualified, and means you could receive over £100 extra TBB from each new Distributor you recruit!

In addition, we are making a number of changes to the way CVC is calculated, with significant improvements to Personal CVC, higher ‘Plus Club’ bonuses, as well as some major changes to downline CVC which will provide more predictable earnings and a greater incentive for all Leaders (GL and above) to continue climbing the Stairway to Success.

The combined effect of these changes will help us to achieve our long term goal of becoming one of the UK’s leading utility suppliers, providing ever greater value and savings to our customers, in what are becoming increasingly competitive markets.

By doing so, we will also drive faster customer growth and reduce churn, thus protecting and enhancing the income of all our partners for many decades to come.

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