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Compensation plan to Ibizwave.com
1. Compensation Plan
Quick Overview
Compensation Plan
Quick Overview
w w w . i b i z w a v e . c o m
ThisbrochureisanoverviewoftheiBizWaveCompensationPlan.IBIZWAVEreservesthe
rightinitssolediscretiontochange,renew,straightenorupgradeitsservice,productsand
compensationplanatanytime.Thepurposeofthisdocumentistoserveascompensation
plan guide during the pre-launch phase.The final compensation plan which might include
some small tweaks and improvements will be released when iBizWave will launch.
2. 2Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
AT iBizWave, OUR INDEPENDENT ASOCCIATES IS OUR MOST IMPORTANT
ASSET, AND WE PROVIDE THEM WITH GLOBAL OPPORTUNITY,
POWERFUL MARKETING TOOLS AND REWARD THEM WITH A GENEROUS
COMPENSATION PLAN.
FREE
SOCIAL MEDIA
FAST PROFITS
RESIDUAL INCOME
along with the main objective of ensuring
MAXIMUM TEAMWORK!
welcome to ibizwave
HelloandwelcometoiBizWave.
When creating our compensation
plan, we did not hire a specialist or
a consultant which naturally tends
to create a plan more beneficial to
the company. Instead, we sat down
with highly experienced networking
business leaders from the US and
various international countries to
create the ultimate compensation
plan.
Our aim was to come up with a
totally unprecedented, yet simple,
straight forward and easy to achieve
compensation plan, unequalled and
unparalleled in any companies out
there.
We are proud to unveil a totally new approach to the compensation plan, which
we believe to be the first and only plan in the industry that was created with
these five powerful factors in mind:
3. 3Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
welcome to ibizwave
To understand the iBizWave Compensation Plan, it is important to understand
the distinction between Independent Associates and Customers. iBizWave is in
the business of acquiring new customers who purchase our retail product the
iBizWave Toolbox. Independent Associates are compensated strictly on the sale
of iBizWave products (both their personal sales, and the sales made by their
team). No commissions are paid out for recruiting new Associates.
Associate Module Purchase Requirement
Becoming an associate at iBizWave is free but to get full access to the associate
module which can help you familiarize new Associates with ibizWave products,
services, sales techniques, sales aids, and other matters, the Company requires
that Associates purchase the Associate Module for $25.00.The Associate mod-
ule fee is waived for the first 12 months after registering as an associate.Also, by
buying the iBiz Toolbox and having an active subscription to the iBizWave tool-
box,Associates can maximize their commissions.
The Associate Module is an online tool that includes a Personalized Marketing
Website and Back Office System as well as an online Training Program with es-
sential Sales and Marketing tools to help Associates build their iBizWave busi-
ness. iBizWave Associate module yearly fee purchases are not commissionable.
Enrolment as an Associate, creates a “Business System” in the iBizWave Market-
ing Organization which tracks the sales generated by you and your team.
Retail Customer
When an Associate makes an iBizWave product sale to a Retail Customer who
does NOT Choose to become an associate, the Customer will be listed in the
Associate’s back office under“My Retail Sales” and will NOT fill a position in the
Associate’s Matrix or the binary.
Charge Backs & Refunds
iBizWave reserves the right to recover sales volume credited or commissions
paid to anAssociate any time a commissionable purchase of any kind is refunded
to a Customer.
4. 4Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
iBizWave offers the MOST dynamic team building
compensation plan in the direct selling industry.
Our entire marketing program is built to support and inspire your success, and
to help you to reach your financial aspirations, whatever they may be.
ibizWave Assocciate Compensation Plan is designed to create powerful
opportunities for financial rewards and personal fulfillment. Our exciting and
revolutionary Compensation Plan incorporates five streams of income
that provide each and every Assocciate the opportunity to earn income.
THERE ARE 5 WAYS TO EARN INCOME WITH iBizWave
1. Sponsor & Retail Bonus
2. Matrix Cycle Bonus
3. Matrix Matching bonus
4. Binary Cycle Bonus
5. Binary Matching Bonus
Please review the details below and understand why our Compensation Plan
is one of the most exciting things that has happened in Network Marketing in
years!
Dynamic team building
5. 5Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
First Step: ENROLL IN iBizWave as an Associate
It is required to purchase the iBiz toolbox in order to become an Independent
Associate with iBizWave. Upon enrollment as an iBiz Associate, you will be
required to purchase an iBiz toolbox for $125.You will need to select your
monthly subscription package: Bronze, Silver, Gold, Platinum, Diamond or
Enterprise.
You will receive a personal iBizWave website and unlimited
access to full back office service for 12 months.The annual
renewal fee for these services is $25 US. After you
have completed the application process, you will be
an Independent Assocciate with iBizWave.You will
have access to an Asocciate Center and can begin
building your business.
iBizWave is a product driven company. All
earned commissions and bonuses are based
on the sale and consumption of product. We
recommend that you choose the Product
Package that best suits the goals and needs for
your business.
1. Fast Start Sponsor Bonus
You receive a Fast Start Sponsor Bonus in the first-month purchases of new
Assocciates and customers that you enroll.
You’ll EARN one time $25.00 Sponsor Bonus for every person who buys the
iBiz Toolbox from your iBizWave affiliate website.
For example, if you find five people, who buy the iBiz Toolbox, you will earn 5 x
$25.00 = $125 in Fast Start Bonuses.
Sponsor 10 customers or associates who buy the iBiz Toolbox, you will earn 10
x $25 = $250 in sponsor bonuses.
Earning commissions
6. 6Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
2. Matrix Cycle Commissions
When an associate purchase the iBiz Toolbox / business
center package through your filling outAffiliate website,they
become your PERSONAL iBizWave Associate. The names
of your new Associates will start fill in the empty slots in
your 2x3 matrix in the order that they purchases from your
website as illustrated here to the right.
A completely filled 2x3 Matrix consisting of fourteen
(14) Independent Associates (who also purchased the iBiz
Toolbox) is commonly referred to as one “Cycle,” you will
earn a bonus of $500.00 for every “Cycle” you generate.
Your 2x3 Matrix can be filled with YOUR Personal
Independent Associates; in addition, your 2x3 Matrix can be
filled with the Independent Associates of OTHERS as well.
Matrix Re-entry
One Cycle = Automatic
Re-Entry intoA Brand New
2x3 Matrix. Every time you
generate a completely filled
2x3 Matrix consisting of a
total of 14 Independent
Associates. You will
automatically get assigned
a brand new 2x3 Matrix
under your Sponsor. You
can build an unlimited
number of 2x3 matrixes.
Follow Me
When one of your Personal Independent Associates in any of your 2x3 Matrixes
cycle and earn their own Cycle Bonus, this Personal Independent Associate will
“FollowYou” into the next available slot in your current matrix.In other words,
ALL of your Personal Independent Associates have the ability to “Follow You”
into the next available slot of your current matrix at any time.This accelerates
the rate at which you can earn your own Weekly Cycle Bonuses.
When you cycle, you
follow your sponsor
When you cycle, you
personally sponsored
assocciates cycle,
they follow you!
Your Sponsor
Dynamic team building
7. 7Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
3. Matrix Matching Bonuses
Tier 1 & 2 Matching Bonuses
iBizWave also rewards you for the Matrix business-building efforts of your
Independent Associates,Two tiers below you:
Tier 1 - 10% Matching Bonus
Earn an additional 10% of the Matrix Cycle Commissions of your Personally
Sponsored Associates. When any of your Personal Independent Associates
“Follow You” by cycling back into your current matrix, you will earn a $50.00
bonus.
Tier 2 - 10% Matching Bonus
You receive a bonus when an Independent Associate in your Tier 2 cycles
closes his/her cycle in the current matrix of one of your Personal Independent
Associates; you will earn a $50.00 bonus. For example, if you Sponsored Joe
and Joe sponsored Jenny. If Jenny’s Matrix Cycle Commissions were $500 USD,
you would earn an extra $50 USD.
There is no limit to the number of Matrix Matching Bonuses you can earn!
bonuses
8. 8Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
Qualification
Matrix Cycle Bonuses Tier 1 & 2 Bonuses
iBizWave Associates must activate
their business system by making their
first two (2) qualifying product sales.
This qualification is valid for 12 months
and once achieved the business sys-
tem will remain active as long as the
Associate maintains two sales in a 12
month period.
There is no qualification to earn your
first matrix cycle bonus.
The Independent Associate must also
be active and have paid their annual
business center fee.
The Independent Associate must be
active,have made two sales in a twelve-
month period and have paid their an-
nual business center fee.
Tier 1 Qualification: Have 4 active per-
sonally sponsored associates.
Tier 2 Qualifications: Have 6 active
personally sponsored associates.
Weekly Pay Period
Matrix Commissions are paid every Friday, with a two-week delay.
Matrix bonuses
9. 9Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
4. Binary Team Monthly residual income
A Binary compensation plan allows
participants to have only two front-line
distributors.These are commonly referred
to as the head of the“Left Leg” and head of
the “Right leg” respectively. Your sponsor
places you in an open position in his or
her sales organization. Your new binary
position is called a Business Center. Each
Business Center has a left and right side, in
which sales volume accumulates.
If a participant sponsors more than two distributors, the excess referrals are
placed at levels below.
The two legs can grow on the inside and the
outside,referred to as the inside leg and the outside
leg.The outside leg, also known as the power leg,
can benefit from placement of new associates not
only from your recruiting efforts,but also from the
recruiting efforts of your up line.This is known as
spillover.
Earning BinaryTeam Commissions
As members in your two groups begin upgrading
their free memberships to any of the paid packages,
your GroupVolume begins to grow.
Residual income can be earned fromAssociates or Customers who subscribe to
any of the monthly packages. Monthly subscriptions options:
Level Cost (SV)
Bronze $25 25(SV)
Silver $50 50(SV)
Gold $100 100( SV)
Platinium $200 200 (SV)
Each of these subscriptions represents certain SalesVolume each month for you
(SV).
Matrix matching bonuses
LEFT RIGHT
YOUR UPLINE
MEMBER
MEMBER
MEMBER
YOU
10. 10Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
Each of your legs create Group business volume (GBV) as they grow and if the
other leg fulfills the matching or equalization
requirement of 1/3 : 2/3 match binary, meaning
that by matching one third on one leg, qualifies
you for a payout of two thirds on the other leg.
You Cycle when your Volume Point count
reaches 300 BV with the requirement of 1/3:
2/3 match binary,meaning that by matching one
third on one leg, qualifies you for a payout of
two thirds on the other leg.
For Example:To capture and get binary pay for
200 of new BV on your left leg, you only need
to acquire or match it with 100 new BV on
your right leg.
Each CYCLE will earn up to $30 in
commission check if qualified.
Infinite levels deep
Binary commissions are paid to infinite levels deep,and it doesn’t matter whether
you have enrolled those associates or customers personally, or whether they
have been enrolled by other associates in your down-line, or whether they have
been placed below you by your up-line (i.e. Spillover).
Placement
Your first personally sponsored member isALWAYS placed in your POWERLEG.
The second „2nd“ member
you personally sponsor is
ALWAYS placed in your
PROFIT-LEG.
When a new members join
you, they will be placed
to the farthest OUTSIDE
position as possible.
Binary Team Commissions
will be calculated weekly.
Binary team bonuses
11. 11Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
Example Monthly Subscription Binary Commissions:
The table below depicts the earnings that our members can make for different
example numbers of total associates or customers in your down-line. This
assumes that these students are in a 1/3rds to 2/3rds balance on both of your
two organizational legs.
*When and if PROGRAM total payout of commissions exceeds 50% of the volume for any given pay period, the company adjusts the commission to have a
maximum of 50% payout.
How Do You Qualify for Binary Team
Commissions?
After as you becomeAssociate,every sales volume
from NEW associate or customer product order
in your binary team (left and right) will count
toward your next check! To earn commissions,
associates need to be active and qualified. To
qualify to earn binary commissions, you will need
to enroll one member on your LeftTeam and one
member on your Right Team (2 total members.)
By upgrading to the bronze level, you qualify to earn on the Bronze volume
in your Group One and Group Two.
By upgrading to the Silver level, you qualify to earn on the Bronze and
SILVER volume in your Group One and Group Two.
Upgrade to the GOLD level, and you earn on volume from all iBizWave
product salesVolume.
Binary team commissions
12. 12Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
Bronze: earn up to $1,000 maximum per week in commissions.
Silver: earn up to $10,000 maximum per week in commissions.
Gold: earn up to $25,000 maximum per week in commissions.
5. Binary Matching Bonus
As an Active and qualified associate, you are eligible to receive a 10% Matching
Team Bonus on the weekly Team Bonus income of all Personally Enrolled
associates.The 10% Matching Team Bonus is calculated weekly and paid weekly.
Binary team bonuses
13. 13Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
G L O S S A R Y O F TER M S
Sponsor: When you introduce a new person to the opportunity and sign them
up, you are the Sponsor. Your Sponsor is the person who introduced you to
iBizWave.
Sales Volume (SV): Sales Volume (SV) is a point value assigned to each
commissionable product that is used to calculate the BinaryTeam Cycle Bonuses.
GroupSalesVolume(GSV): The SV that accumulates in your Left and Right
Binary Sales Teams based on your Active status and subscription status.
Binary Team Commission Qualified: You have at least 1 Personally
Sponsored and Active Associate on both your Left and Right Teams.
Cycle:You Cycle when your Group SalesVolume (GSV) count reaches 300 the
requirement of 1/3 : 2/3 match binary.
Active: To qualify to earn binary commissions, you will need to enroll one
assocciate on your Left Team and one member on your Right Team. (2 total
members.
Glossary
14. 14Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
Frequently Asked Questions
1. What is Binary TEAM?
The BinaryTeam PlacementTree is theTree in which you place your new Personally
Enrolled Associates at the time of enrollment. As both your Sales Teams (Left
and Right) grow you personally enroll new Associates and place them on your
Left and Right SalesTeams.We recommend you place newAssociates at the next
available position on the bottom of your outside legs.The Associates you enroll
duplicate your actions and start to personally enroll Associates of their own
using the same tree.
2. What are Binary TEAM Cycle BONUSES?
Associates are eligible to earn Team Bonuses by building two Sales Teams – the
Left sales Team and the Right Sales Team.You Cycle when your Volume Point
count reaches 300 BV with the requirement of 1/3 : 2/3 match binary, meaning
that by matching one third on one leg,qualifies you for a payout of two thirds on
the other leg. You can Cycle multiple times every day.
3. What is Binary MATCHING TEAM BONUS?
As an Active and qualified associate, you are eligible to receive a 10% Matching
Team Bonus on the weekly Team Bonus income of all Personally Enrolled
associates.The 10% Matching Team Bonus is calculated weekly and paid weekly.
4. What is Matrix Tier 1& 2 MATCHING BONUS?
Tier 1: If you have 4 active personally sponsored associates, you are eligible to
receive a 10% Matching Bonus on Matrix Bonus
income from all Personally Enrolled Assocciates
(tier 1). Here’s an example: One of your
Personally Enrolled Consultants earns 100 X
$500 Matrix Cycles Bonuses, you would earn an
extra 10 x $50 Cycles in MatchingTeam Bonuses.
Tier 2: If you have 6 active and personally
sponsored associates, you are eligible to
receive a 10% matching Bonus on every
associates enrolled personally by your
tier 1. The 10% Matching Team Bonus is
calculated and paid weekly.
faq
15. 15Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
5. How much can I earn?
You are allowed to earn up to $1,000 maximum per week in Bronze volume
commissions. You are allowed to earn up to $10,000 maximum per week in
SILVER volume. Commissions.You are allowed to earn up to $25,000 maximum
per week in Gold volume commissions.There is no limit on Fast Start Bonuses,
Matching Bonuses and the Leadership Pool.
6. Is a Product purchase required to become an iBizWave
Independent Associate?
Yes, a Product purchase is necessary to become an Independent Associate and
participate in the Compensation Plan.
7. What if I don’t Qualify for Binary Team Commissions?
Excess points are never flushed away, but count toward your next check as long
as you remain active.Any “Unqualified Commissions” from Binary Team will be
held in “Pending” until qualification is achieved. In the event that there is unused
volume, (Example: six sales on one team but 0 on the other) as long as you are
active, (paying your monthly fee) those sales will carry over.
8. What if I don’t Qualify for Matrix Commissions?
Any “Unqualified Commissions” from Matrix will be held in “Pending” until
qualification is achieved.
FAQ
16. 16Hypothetical examples are intended to explain the ibizWave Compensation Plan and are not income representations.Your success with iBizWave is a direct result of your
efforts.The iBizWave Compensation Plan is subject to change without prior notice.All commissions and bonuses are paid solely based upon the sale of products.
Best of luck