In the last part of our Genewize Review, we took at look at the management of Genewize from at the corporate level. Today I’d like to take a look at the compensation plan, to give you a solid understanding of exactly how it works, why it’s powerful and how it compares to two of the industry’s giants, Monavie and Agel.
I chose the image of the seedling, because unlike so many marketers will have you believe, wealth in network marketing will come to those who nurture their business’ growth over the long term and watch as it turns from a little seedling to a full fledged tree with excess fruit to bear.
With that said, the Genewize compensation plan is a hybrid binary plan. To get a detailed video laying out the full details of the compensation plan, email David Kelsey at david@yourdnastore.com.
Like all binary plans, with the Genewize compensation plan, you will be growing two teams – left and right. When you partner with a strong sponsor (up-team) you receive roll-over volume (meaning you get people placed under you from your upline). This way, you can focus on building ONE leg, while your upteam takes care of the other (requirement: you qualify each leg with two people each).
You are paid a sales team bonus on the team that has the lesser sales volume in any pay cycle. The percent you are paid out is determined by the affiliate rank you hold. The top payout is 20% of sales volume (lesser leg) with a maximum payout of $100,000 per month.
Compare this to Monavie that caps the sales team bonus at $40,000/month and pays out a total of 10% sales team volume from lesser leg. Agel caps at $25,000/month sales team bonus, and has a maximum pay out of 10% of total commissionable volume (CV).
Where Genewize’s compensation plan really stands apart from other binary plans is with the matching income bonuses.
Genewize pays out a maximum of 40% of ALL personally enrolled members at the highest rank of the compensation plan (4 star level), and this duplicates (30%,20%,10%) up to four levels deep.
An finally, the company has created an autoship bonus pool that is reserved for those that enroll 4 affiliates in a calender month. This is incredible and will be the foundation to building a massive organization. Why? Because most companies reserve the autoship bonus pool for ONLY the top producing affiliates, therefore the only thing most affiliates will ever experience is the STORY of a leader that got the autoship pool. In Genewize, each and every month, dozens of affiliates get a piece of the pool (so far, it has ranged between $300-$800 per share!) just for enrolling 4 new affiliates in a calender month. Here’s an example. Last month, our team enrolled a new affiliate on the 25th of the month. Over the next 5 days, she enrolled 4 new affiliates on autoship, all on the supplements and skin repair serum. So, she recieved $50 for each signup x 4 ($200) plus one share of the autoship bonus pool ($510). So, in her first week, she got a check for $710! And, she now gets her product for FREE (Enroll 4 and Pay No More Program).
If you’re going crossed eyed, don’t worry. I have a couple options for you.
- Understand this. The Genewize compensation plan is innovative and generous. If you go out and sponsor lots of people, you’re going to make money….bottom line.
And now, in Part IV of my Genewize Review, we’re going to take a look at the VALUE of the Genewize Product. Let’s critically look at whether it’s a product that can stand alone, regardless of the company’s enticing compensation plan.
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