The Fast Track Incentive Program

The Fast Track
Incentive Program
Start rewarding yourself today
Updated March 1, 2014
Give Your
Business a Boost
in the Right Direction
The Fast Track Program
Can Put You on the
Road to Success It’s hard
Not only can the Fast Track Incentive Program put up to $1,450 in your pocket, but it can
also help you establish a solid foundation on which to build a successful, balanced business.
IBOs who earn Fast Track Incentive Program bonuses and promote them to
downline IBOs experience significant financial and business-development benefits.
Some of these achievements include:
The Fast Track Incentive Program was designed in partnership with IBO leaders
to help new IBOs work on three activities that build a solid, sustainable business:
1. Using the products so you can learn about them.
2. Selling the products to customers.
3. Sponsoring others who do the same.
The average monthly Gross Income for “active” IBOs was USD $202 (in the U.S.)/CAD $198 (in Canada). Approximately 46%
of all IBOs in the U.S., and 48% of IBOs in Canada, were “active.” IBOs were considered “active” in months in 2010 when they
attempted to make a retail sale, or presented the Amway IBO Compensation Plan, or received bonus money, or attended an
Amway or IBO meeting. If someone sustained that level of activity every month for a whole year, their annualized Gross Income
would be $2,424 (U.S.)/$2,376 (Canada). Of course, not every IBO chooses to be active every month. “Gross Income” means
the amount received from retail sales, minus the cost of goods sold, plus monthly bonuses and cash incentives. It excludes all
annual bonuses and cash incentives, and all noncash awards, which may be significant. There may also be significant business
expenses, mostly discretionary, that may be greater in relation to income in the first years of operation. For the purposes of the
calculation in Canada, individuals who were IBOs for less than the entire year in 2010 were excluded.
Following are approximate percentages of IBOs in North America who achieved the illustrated levels of success
in the performance year ending August 31, 2012:
The approximate percentage of IBOs who earned a $50 New IBO Incentive Bonus in FY2012: 41.83%.
41
%
MORE
3X
to ignore
numbers
like this!
FASTER
New Platinums who earned the $200
Balanced Sponsor Bonus earned 41%
more in the year they first became Platinum
compared with those who didn’t earn it.
New Platinums who earned the $200
Balanced Sponsor Bonus became
Platinum three times faster on average
than those who didn’t earn it.
2X
3X$
IBOs who earned the $50 New IBO
Incentive Bonus renewed at twice
the rate of those who did not earn the
bonus. 79% of those who earned the
$200 Balanced Sponsor Bonus renewed.
On average, IBOs who received the
$50 New IBO Incentive Bonus earned
almost three times as much as those
who didn’t earn the bonus during their
first six months.
The approximate percentage of IBOs who earned a $100 First Step Bonus in FY2012: 3.67%.
The approximate percentage of IBOs who earned a $200 Balanced Sponsor Bonus in FY2012: 2.05%.
The approximate percentage of IBOs who earned a $500 Fast Track Plus Bonus in FY2012: 0.09%.
For more details on qualifying for the GI Program and the requirements for good standing, see information
on Amway.com or contact Amway Sales.
The average monthly Gross Income for “active” IBOs was USD $202 (in the U.S.)/CAD $198 (in Canada).
2
All statistics on this page are from the Amway Performance Drivers Department FY2012.
3
50
Bonuses for New
and Current IBOs
$
Below is a complete list of all the Fast Track Incentive Program bonuses available to IBOs.
$50 New IBO Incentive Bonus
You can earn the $50 New IBO Incentive Bonus up to three times in your first six months
as a business owner. That’s $150 in your pocket! All you have to do is purchase one of the
following sales kits and generate 150 PV in a month. In other words, we’re rewarding you
for leveraging valuable sales materials, being a brand ambassador, and for making your
first few sales. Now that’s a sweet deal!
$100 First Step Bonus
Here’s how to earn the $50 New IBO Incentive Bonus:
$200 Balanced Sponsor Bonus
1. Purchase one of the following kits* to qualify for the entire program:
NEW IBOS
(earn up to three times for a total of $150)
First Six
Months
One-Time
Bonuses
Repeatable
Bonus
CURRENT IBOS
One Year
$1,000 Fast Track Program Plus Bonus
Ongoing
$75 Mentor Bonus
(available for one year from registration date)
$75 Mentor Bonus
New IBO
Incentive Bonus
Not sure how to
generate 150 PV
in one month?
Welcome Product Kit (40-1220)
ARTISTRY® intensive skincare Ultimate Demo Kit (40-1471)
• ARTISTRY Creme LuXury Eye 360 Demo Kit (40-1535)
• Ribbon 2013–2014 Sales Kit (40-1520)
• Jump Start Kit (76-1571)
• ARTISTRY YOUTH XTENDTM Collection Skincare Kit (40-1664)
•
•
2. Generate your “50/150.” This means you must generate 150 Personal PV
in a month, with at least 50 PV coming from Qualified Customer Volume.**
3. Your $50 New IBO Incentive Bonus is on the way. Repeat step no.
WHY ARE YOU
GIVING ME
MOCK CHECKS?
FIRST $50
5705
$
$
Pay to the order
of
New IBO
nts
rs and no ce
Personal
rating 150 e
r volum
kit and gene
You
ifying
ome
g athequal
Pay to
Purchasin
order in qualified cust
least 50PVof
For PV with a
$50.00
Dollars
Seventy-five
Payor
Amway
$75 Mentor
Date
able for cash.
it. Not redeem
depos
ble. Not for
dollars and no
cents
Non-negotiable
Bonus
first six months.
$75.00
Non-negotia
Helping partn
er
$200 Balanced IBOs earn their own
Sponsor Bonu
ses
During your
Dollars
. Not for deposit
Payor
. Not redeem
able
Amway
for cash.
Here are some ideas on how to use them to motivate yourself to earn
the bonuses:
• Post them on the refrigerator or your bathroom mirror as a reminder
to keep working toward the next bonus.
nths
r first six mo
During you
You
Fifty dolla
For
Date
nus
Incentive Bo
In this brochure, there are mock checks that give visual demonstration of
all the Fast Track Program incentives available to you! There are two sets
of mock checks: one set for new IBOs in their first six months and one
set for leaders.*
• Use them to visually explain to prospects and new IBOs how the
Fast Track Incentive Program works.
• Use them to show how much money is available from the Fast Track
Incentive Program at different levels in the business.
2
Check out pages 14 and
15 for a list of great product
bundles that show you how
you can start generating
PV quickly!
two more times during your first six months to earn a total of $150!
1.
2.
Purchase
Qualified
SALES KIT
150
Personal PV
At least ...
50
Customer
PV
3.
50
$
New IBO
Incentive
BONUS
• Make the checks a goal-setting worksheet: Write down the names
of people you will sponsor in the business to earn a check, and write
in the date that you hope to earn each bonus.
*In this case, a leader is an IBO who meets personal and qualifying volume requirements, and sponsors IBOs who do the same.
*Check online for the most up-to-date list of Fast Track Incentive Program qualifying kits.
The average monthly Gross Income for “active” IBOs was USD $202 (in the U.S.)/CAD $198 (in Canada).
Approximately 46% of IBOs in the U.S., and 48% of IBOs in Canada, were “active.”
4
**This satisfies your Customer Volume Requirement (CVR) for earning an incentive bonus. For more details on this requirement, log in at Amway.com as an IBO and search for: Business Glossary. Qualified
Customer Volume (QCPV) includes volume from registered customer orders placed through Amway.com (including Partner Store orders), Personal Retail Websites, DITTO® program, and Customer Support that
are shipped to the customer’s address. Customer sales from inventory are included if reported using the Customer Sales Activity (CSA) Receipt tool at Amway.com. Customer orders shipped to an IBO’s address
are not eligible.
5
100
$
50
$
50
$
50
$
100
$
200
$
First Step
Bonus
Pay to the order of
Date
During your first six months
$50.00
You
Fifty dollars and no cents
For
Purchasing a qualifying kit and generating 150 Personal
PV with at least 50 PV in qualified customer volume
Dollars
Payor
Amway
Non-negotiable. Not for deposit. Not redeemable for cash.
Once you’ve received your $50 New IBO Incentive Bonus, another $100 bonus isn’t too far
off. Earning the $100 First Step Bonus will help you establish your first two legs and grow your
business. Keep in mind that this $100 bonus is available only during your first six months.
Pay to the order of
For
1. Earn a $50 New IBO Incentive Bonus (at least once).
2. Sponsor two new IBOs in two unique legs.
3. Help someone in each leg earn the $50 New IBO Incentive Bonus. ($50 bonus
1.
second new IBO earns their $50 New IBO Incentive Bonus.
5. Earn the $100 First Step Bonus.
50
$
New IBO
Incentive
BONUS
For
100
BONUS
IBO #1
Everyone who earns the First Step Bonus will also receive:
3.
50
$
The Fast Track Incentive Program Pin
•
ecognition, by name, in AchieveMagazine.com
R
(under the Achievement tab, click on Fast Track Program)
Amway
THIRD $50 New IBO Incentive Bonus
Date
BONUS
Sponsored
50
$
During your first six months
$50.00
You
Generating 150 Personal PV with at least 50 PV
in qualified customer volume
Pay to the order of
New IBO
Incentive
IBO #2
•
Payor
Dollars
Payor
Amway
Non-negotiable. Not for deposit. Not redeemable for cash.
First
Step
Sponsored
Recognition bonus!
Dollars
Fifty dollars and no cents
4.“50/150”
5. $
During your first six months
$50.00
You
Generating 150 Personal PV with at least 50 PV
in qualified customer volume
Pay to the order of
YOU
2
Date
Non-negotiable. Not for deposit. Not redeemable for cash.
earners can be anywhere in depth as long as they are in unique legs.)
4. Personally generate your “50/150”* in the same month that the
SECOND $50 New IBO Incentive Bonus
Fifty dollars and no cents
How to earn the $100 First Step Bonus:
New IBO
Incentive
BONUS
*You must generate 150 Personal PV in a month, with at least 50 PV coming from qualified customer volume.
$100 First Step Bonus
Date
For
Helping two new IBOs you sponsor earn their $50 New
IBO Incentive Bonuses and meeting your PV requirement
During your first six months
$100.00
You
One hundred dollars and no cents
Dollars
Payor
Amway
Non-negotiable. Not for deposit. Not redeemable for cash.
Pay to the order of
The average monthly Gross Income for “active” IBOs was USD $202 (in the U.S.)/CAD $198 (in Canada).
Approximately 46% of IBOs in the U.S., and 48% of IBOs in Canada, were “active.”
$200 Balanced Sponsor Bonus
Date
Helping a third new IBO you sponsor earn their $50 New IBO
Incentive Bonus and meeting your PV requirement
During your first six months
$200.00
You
Two hundred dollars and no cents
For
6
FIRST $50 New IBO Incentive Bonus
Dollars
Payor
Amway
Non-negotiable. Not for deposit. Not redeemable for cash.
200
$
Balanced
Sponsor
Bonus
Keep going and another $200 is yours. Remember, while the Fast Track Incentive Program
is here to reward your efforts, the main goal is to help you build a balanced business.
How to earn the $200 Balanced Sponsor Bonus:
1. Earn the $100 First Step Bonus.
2. Sponsor a third new IBO in a third unique leg.
3. Help an IBO in this third leg earn the $50 New IBO Incentive Bonus.
100
$
1.
(The $50 bonus earner can be anywhere in depth as long as they are
in a third unique leg.)
First
Step
BONUS
YOU
4. Generate your “50/150”* in the same month the third new IBO
4.“50/150”
earns their $50 New IBO Incentive Bonus.
5. Earn the $200 Balanced Sponsor Bonus.
200
$
2.
Balanced
Sponsor
BONUS
5.
Sponsored
IBO #3
3.
50
$
New IBO
Incentive
BONUS
Everyone who earns the Balanced Sponsor
Bonus will also receive:
•
Recognition, by name, in AchieveMagazine.com
(under the Achievement tab, click on Fast Track Program)
•
Acknowledgment, by name, in the Recognition section
of the next printed issue of ACHIEVE® magazine
*You must generate 150 Personal PV in a month, with at least 50 PV coming from qualified customer volume.
Amway Corporate Headquarters
Ada, Michigan
8
The average monthly Gross Income for “active” IBOs was USD $202 (in the U.S.)/CAD $198 (in Canada).
Approximately 46% of IBOs in the U.S., and 48% of IBOs in Canada, were “active.”
9
75
$
1000
$75 Mentor Bonus
75
$
Mentor
Bonus
There’s no
limit to how
many times
you can
earn it!
The $75 Mentor Bonus is an additional reward for helping IBOs you sponsor earn their own
$200 Balanced Sponsor Bonuses.
How to earn the $75 Mentor Bonus:
1. Generate your “50/150”* in the month that the $200 Balanced Sponsor Bonus is earned
by someone you personally sponsored.
2.Earn $75 each time you help an IBO you personally sponsored earn the $200 Balanced
Sponsor Bonus. There is no limit to how many times you can earn it!
$
Pay to the order of
Date
$75.00
You
Seventy-five dollars and no cents
For
Helping IBOs in your group earn their
own $200 Balanced Sponsor Bonuses
Payor
Non-negotiable. Not for deposit. Not redeemable for cash.
$1,000 Program Plus Bonus
Date
Pay to the order of
For
“50/150”
Dollars
Amway
Help three IBOs in your group earn
the $200 Balanced Sponsor Bonus
During your first 12 months
$1,000.00
You
One thousand dollars and no cents
YOU
No limit!
Payor
Dollars
Amway
Non-negotiable. Not for deposit. Not redeemable for cash.
Personally
Sponsored
1.
200
$
IBO
Balanced
Sponsor
BONUS
2.
BONUS
75Mentor
$
*You must generate 150 Personal PV in a month, with at least 50 PV coming from qualified customer volume.
The average monthly Gross Income for “active” IBOs was USD $202 (in the U.S.)/CAD $198 (in Canada).
Approximately 46% of IBOs in the U.S., and 48% of IBOs in Canada, were “active.”
10
11
The
sky’s
the
limit
1,000
$
Fast Track
Program
Plus Bonus
Here’s how to earn the $1,000 Fast Track Program Plus Bonus:
1. Encourage and teach new IBOs how to earn the $200 Balanced Sponsor Bonus.
2. Help three downline IBOs in unique legs earn the $200 Balanced Sponsor Bonus.*
They do not have to be personally sponsored.
3. Generate your “50/150”** in the same month that the earner of the third $200
Balanced Sponsor Bonus earns their bonus. New IBOs have one year from when
they register to earn this bonus.
4. Earn your $1,000 Fast Track Program Plus Bonus.
YOU
3.
“50/150”
(Yeah, we really believe that.)
IBO #1
200
$
1.
Balanced
Sponsor
BONUS
IBO #2
200
$
This is a
one-time
award.
1,000
$
Program Plus BONUS
4.
IBO #3
Balanced
Sponsor
BONUS
200
$
Balanced
Sponsor
BONUS
2.
Everyone who earns the Fast Track Program Plus Bonus will also receive:
•
Recognition, by name, in AchieveMagazine.com (under the Achievement tab, click on Fast Track Program)
•
Acknowledgment, by name, in the Recognition section of the next printed issue of ACHIEVE® magazine
*Remember: If you are a Platinum or above, the three $200 earners only qualify if they are in your Platinum business. They do not qualify if they are in a downline Platinum’s business.
**You must generate 150 Personal PV in a month, with at least 50 PV coming from qualified customer volume.
The average monthly Gross Income for “active” IBOs was USD $202 (in the U.S.)/CAD $198 (in Canada).
Approximately 46% of IBOs in the U.S., and 48% of IBOs in Canada, were “active.”
12
13
Purchasing Your
Qualifying Kit
To qualify for all of the bonuses offered in the Fast Track Incentive Program, select a sales
kit of your choice to help you learn about the products and to sell them with confidence.
There are lots of kits to choose from to help you earn your Fast Track Program bonuses.
(25 PV if purchased outside of registration)
50
PV
65
PV
Welcome Product Kit 40-1220
This basic kit covers all of the major Amway™ brands:
NUTRILITE®, ARTISTRY®, and LEGACY OF CLEAN®.
It also comes with a display box.
Start to
earn your
personal
100
PV
on this page.
Generate 50 PV in
Customer Sales Quickly
Here are some health, beauty, and home care product combinations to help you and downline
IBOs earn 50 PV in no time. The product combinations shown are just a few examples of how
you can generate at least 50 PV in customer sales to help you qualify for Fast Track Program
incentives. You may sell any combination of Amway™ products to qualify for Fast Track
Program incentives.
60.40
PV
NUTRILITE® DOUBLE X® Bundle
Two NUTRILITE DOUBLE X Multi – 10-day supply
Two NUTRILITE DOUBLE X Multi – case and
31-day supply
Available Retail Margin*= $82.48
ARTISTRY® intensive skincare Ultimate Demo Kit 40-1471
Everything you need to learn about, demonstrate, and sell
ARTISTRY intensive skincare renewing peel and Creme
LuXury. The kit comes with samples, an elegant zippered
case, a flip chart binder to educate people on skincare,
and a USB drive with additional resources.
54. 12
PV
NUTRILITE XS® Bundle
Three cases of XS Energy Drinks
Three NUTRILITE Rhodiola 110 Blister Packs –
10 Tablets
Three boxes of NUTRILITE Energy Bars
Start to
earn your
50 qualified
customer PV
on this page.
Available Retail Margin*= $61.14
35
PV
ARTISTRY Creme LuXury Eye 360 Demo Kit 40-1535
Learn how to sell Creme LuXury Eye with this easy-to-use
demo kit. Features USB drive with additional sales
resources and samples for your potential customers.
76.60
PV
ARTISTRY® Bundle, L.O.C.® Bundle
Two ARTISTRY essentials skincare systems
Two LEGACY OF CLEAN® Intro Bundles
Available Retail Margin*= $62.16
8.71
PV
97.63
PV
150
PV
Ribbon 2013–2014 Sales Kit 40-1520
This kit gives you tools to help you learn about Ribbon.
Start selling this fast, fun, and easy gift and incentive
solution to friends, family, and businesses.
Jump Start Kit 76-1571
The BODYKEY by NUTRILITE™ Jump Start Kit is everything
you need to unlock a lighter and more confident you in just
30 days.
ARTISTRY YOUTH XTEND™ 40-1646
The kit includes eight full-size ARTISTRY YOUTH XTEND
Collection products; a beautifully lit, countertop product
display; a NEW, comprehensive ARTISTRY Skincare Guide;
and the ARTISTRY 4-Step Regimen mirror cling with
order-of-use product stickers.
41.81
PV
BODYKEY™ Carb Reducer™ Plan
BODYKEY Meal Replacement Shakes
NUTRILITE SLIMMETRY® Dietary Supplement
NUTRILITE Carb Blocker 2
Available Retail Margin*= $66.50
52.51
PV
44.31
PV
BODYKEY Fat Trimmer™ Plan
BODYKEY Meal Replacement Shakes
NUTRILITE SLIMMETRY Dietary Supplement
NUTRILITE CLA 500
Available Retail Margin*= $81.19
BODYKEY Better Balancer™ Plan
BODYKEY Meal Replacement Shakes
NUTRILITE SLIMMETRY Dietary Supplement
NUTRILITE Glucose Health
For more ideas on how to generate PV
quickly, check out product bundles! Go
to Amway.com and search for “bundles”
to see the most recent product bundles
available. You can also leverage
bundles that appear in the
limited-life campaigns.
Available Retail Margin*= $69.98
*Available Retail Margin is based on sales at Suggested Retail Price as of September 2013.
Trademarks: Carb Reducer, Better Balancer, Fat Trimmer: Interleukin Genetics, Inc. (Waltham, Mass.).
14
15
More Information
Learn more about Fast Track Incentive Program bonuses
at Amway.com. Log in as an IBO and search for: fast track.
To promote the Fast Track Incentive Program with downline IBOs, be sure to utilize the
mock checks included within this brochure.
50
$
Pay to the order of
FIRST $50 New IBO Incentive Bonus
Date
During your first six months
$50.00
You
Fifty dollars and no cents
Purchasing a qualifying kit and generating 150 Personal
For PV with at least 50 PV in qualified customer volume
Payor
75
$
Pay to the order of
Dollars
Amway
Non-negotiable. Not for deposit. Not redeemable for cash.
$75 Mentor Bonus
Date
Any time!
$75.00
You
Seventy-five dollars and no cents
For
Helping partner IBOs earn their own
$200 Balanced Sponsor Bonuses
Dollars
Payor
Amway
Non-negotiable. Not for deposit. Not redeemable for cash.
There are many tools on Amway.com to help you promote the Fast Track
Incentive Program.
Training: For an in-depth overview of the Fast Track Incentive Program, look for the
Fast Track training course in the Learning Center. Log in as an IBO on Amway.com >
Online Courses > General Business > Fast Track.
Videos: For a quick advertisement-style video on the Fast Track Incentive Program to
share with downline IBOs, visit Showsell.amway.com. When you go to the business
section, you will find two videos:
• Fast Track Program – New IBOs
• Fast Track Program – Leaders
The leader version is there to help motivate downline IBOs; the new IBO version explains all
the bonuses available to new IBOs in their first six months, and can even be used
with prospects.
Help Center: Get fast answers about the Fast Track Incentive Program right now
from your computer, smartphone, or mobile device! Found on the Learning Center, use the
Fast Track Incentive Program Help System to quickly learn more about each bonus or use
the search feature to find exactly what you need.
©2014 All rights reserved. Printed in the USA. L3788ENM 40-1582