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Vestige Marketing plan
- 1. VESTIGE WishYou Wellth MARKETING PLAN - Devika Munjal
- 2. OUR BIG IDEA To earn loads of wealth just by taking care of our health. In todays life Health is the area we generally spend the most of our finances, but what if the tables turn and we can earn money by taking care of our health? Amazing ! NO?
- 3. INDUSTRY OUTLOOK Number of products the firm begin with Number of products today produced by the firm Number of Branches the firm begin with Number of Branches they today have Number of people part of the Business today 2 300 + Product range 2 Delhi & Bangalore 55 Branch offices & 6000 stores 2 crore people & 4-5 lakh people join every month SUCCESS
- 4. MARKETING PLAN Direct Selling The company links the customer directly with the Factory. It minimizes the medium involved between the Factory and the Customer. National Distributor CNF Agent Wholesaler Stocker CustomerAdvertisement Agency Customer Cost of Product : Rs 4 Cost of Product : Rs10 Rs 6 is consumed by them
- 6. All the products you use at your home are available in vestige. It also produces Health Care Supplements. It also has a wide range of beauty products. Change your Shop
- 7. WHYVESTIGE? COMPANY PROVIDES YOU WITH 7 TYPES OF INCOME Retail Profit Performance Bonus Director Bonus Travel Fund Car Fund House Fund L.O.B Loads of wealth
- 8. RETAIL PROFIT • The company provide you with 10 – 20% discount for your lifetime. • For example : Spirulina M.R.P = Rs 412/- D.P = Rs 350/- • Even if you sell the above mentioned product you will also gain a profit of the amount you saved. You Save Rs 62/-
- 9. PERFORMANCE BONUS • This is counted as the main income which company provides you in the form of PV. • PV = Point Value • 1PV = Rs30/- Number of PV Level 1-500 5% 501-2,000 8% 2,001-4,500 11% 4,501-7,500 14% 7,501-10,000 17% 10,001 20%
- 10. PERFORMANCE BONUS Member 2 You Being the customer who joined vestige Member 1
- 11. PERFORMANCE BONUS YOU 60PV 3 60PV 5 60PV 2 60PV 6 60PV 1 60PV 4 60PV FRIENDS RELATIVES NEIGHBOURS
- 12. IMPORTANT! Accumulative Plan The Company follows an accumulative pan, hence you can never be demoted and will just rise. Refund Policy If any of the customer faces an issue related to their products or want to quit can get a refund on products which are only used up to 30%. Promoting Business The Business is not a chain business or selling business but simply a promoting business.
- 13. INCOME GENERATION MONTH PV LEVEL INCOME January 7X60 = 420PV 5% 420X5%X18 = 378/- February 5X60 = 300 PV but 300+420 = 720PV 8% 300X8%X18 = 432/- March [Team of 42] 42X60 = 2500PV 2500+720 = 3220 PV 11% 2500X11%X18 = 4950/- April 42X60 = 2500PV 2500+3220 = 5720 PV 14% 2500X14%X18 = 6300/- May 42X60 = 2500PV 2500+5720 = 8220 PV 17% 2500X17%X18 = 7650/- June 42X60 = 2500PV 2500+8220 = 10,720PV 20% 2500X20%X18 = 9000/-
- 14. DIRECTOR BONUS 20% You become the director of the company as soon as you reach 20% level. Another level of wealth. Company provides you with 14% of its turnover. PV 10,001
- 15. 2 DIRECTORS GOLD DIRECTOR 6 DIRECTORS CROWN DIRECTOR 1 DIRECTOR SILVER DIRECTOR 3 DIRECTORS STAR DIRECTOR BRONZE DIRECTOR 4 DIRECTORS DIAMOND DIRECTOR TYPES OF DIRECTOR 20%
- 16. TRAVEL FUND FEBRUARY ASIA & EUROPE NOVEMEBR ASIA & EUROPE 2 TRIPS
- 17. CAR FUND When you become the Star Director, Company provides you with 5% of income as car fund.
- 18. HOUSE FUND As soon as you become the Crown Director, company provides you with 3% of income as House fund.
- 19. L.O.B YOU TEAM 1 TEAM 2 DIRECTOR 5,630 PV 5,430 PV 5,630 PV 5,430 PV When one of your teams provides the company with 5,630 PV or 5,430 PV , The Company provides you with 15% of additional income as leadership overriding bonus. Which is L.O.B!