WHAT DO $38 MONTHLY GET ME?
What do I do & what do I get?
You pay $38/month and become a Charter Member with no additional qualifications in pre-launch.
What do you receive?
A discount App with hundreds of thousands of merchant partners (AND GROWING) - (The database of merchants will be on the App) - Search for the merchant/product, take your phone into the store with you, swipe, scan, & save!
What else do you receive?
A position on a 3X10 forced, auto-filled matrix where you can earn, (again, on top of your savings), a residual income, while you await the launch of the actual RevvCard itself.
Once the card is issued, you will ALSO receive a commission anytime anyone in your organization uses their RevvCard.
Hold on, there is more:
The opportunity to refer non-monthly paying customers/referrals, receive $25 (one time), and a commission every time he/she uses his/her RevvCard.
Wait, I am not done yet!
You will also receive a % of his/her mortgage payment if he/she ends up getting a mortgage through our amazing digital bank, who, by the way, will also have physical locations.
IMPORTANT TO KNOW!
Attrition (Losing Members) happens when your member(s) spend more then they earn or save.
Retention (Maintaining Members) happens when your member(s) save, & or earn more then he/she pays.
Well, if you are using the App & saving money, you are already working towards retention even before you even earn. That could be true for your members as well.
ASK YOURSELF THIS
Is $38/monthly worth saving money while shopping, positioning myself in front of a potential avalanche of members/App users, receiving commission while others save money, & even better; being out in front of a card that has the potential of possibly becoming a house hold name?
There is our program in 2 minutes!
When you promote this. Remember:
LEAD WITH THE PRODUCT
If you save more then you pay, won't you continue to pay?
A COMPANY MUST HAVE A PRODUCT THAT STANDS ALONE TO BE A REAL VIABLE COMPANY!
The App will stand alone
The RevvCard will stand alone
WHERE WILL YOU STAND?
MEMBER/CUSTOMER Vs. CHARTER MEMBER
When making a determination on what one wants to do, they ask a few questions.
What do I need to do?
How do I make money?
What is my cost?
How do I break even and profit?
What are my options?
You all have two choices here. You can become a Member/Customer or a Charter Member.
Your prospects will have the same choice to make, so lets go through all of these questions.
What do I need to do?
Open an account and order a card? Go through the KYC process, open your account, and receive your bank disclosures (This happens once this is available).
This would be for both Members/Customers and Charter Members.
*This refers to everyone once the bank accounts are available.
Members/Customers pays for $150.00 and has no Charter Member Fees.
Member/Customer will receive commission on any card sold to another customer and 10 basis points (see comp plan) on their referred customer's debit purchases.
They will also save on average appximately $50/month while using the RevvCard (based on the current merchant discount providers).
*Obviously this number may increase as more discount providers are added.
That is all a member/customer can earn. A customer will not pay a $35/monthly fee, but a customer will be limited to the earnings above.
Member/Customers will also not be able to participate in the matrix nor lock in a position.
Charter Members only pay $99.00
Easy question? If I pay $30 once and $35/month, what do I receive over and above a customer and how do I break even and/or profit$
You save immediately by paying just $99 for your RevvCard. $51 less than that of a customer.
You could save $50 or more just using your card on stuff you already purchase.
You will receive a report on what you are saving.
$35/month paid put and $51 saved in month 1, along with what you are saving monthly on your purchases. You are already most likely at break even.
You will earn $10/month on your first 3 Charter Members and $2/month on ALL other Charter Members up the TBS.
You will also earn $25.00 on all cards purchases by Customers, while also making $1/month up the TBS.
(See changes in the compensation spelled out below).
AMAZING!!!
*TBS - Team Bonus Structure
*PEN - Personally Enrolled Network
*TIER - Level, Stage, Row
*CUSTOMER/MEMBER - A bank customer
*CHARTER MEMBER - Member who has at least 10 customers and pays a one time $30 and $35/month
*10 BASIS POINTS - 1/10th of 1%
*DEBIT - Charge made against your Vault Bank Account
*FORCED MATRIX - Auto Fills
(DYNAMIC COMPRESSION - The plan pays up 10 levels no matter what, even if people have not unlocked all 10 levels - Means potential to be paid on more than 1 levels).
Now for the fun part.!
This is a 3X10 Forced Matrix with Dynamic Compression.
*$25 on every customer you have purchase card.
*$1.00 per card sold in your organization (10 TIERS deep as you unlock the TIERS) - See comp plan.
*$2.00 per month on all Charter Members paying fees below you (10 TIERS deep)
*$10/month on your first three Charter Members.
*10 basis points on all debit purchases from your customers and their Customers and Charter Members 10 TIERS deep - (See comp plan on how you unlock the TIERS).
Every customer will be pay up the tree (TBS). They will not show up on the matrix until they become a Charter Member, but they will pay up the TBS. So the commission is there for YOU (Charter Member), and their position in the Matrix will be locked once they become a Charter Member. That is added incentive for them to do it as quickly as they can.
-You will receive a commission on every customer you refer even if you are NOT a Charter Member (If they swipe and save, you get paid).
-In order to become a Charter Members and receive commission on customers below your customers. (Either their customers or spillover from above), you need to become a Charter Member by referring at least 10 customers and paying a one time payment of $30 and $35/month (You will than be paid on the Matrix, and not just on your customers).
-For every Charter Member you refer, you will unlock 1 TIER on the Matrix. There are a total of 10 TIERS:
TIER 1 - 3 Members
TIER 2 - 9 Members
TIER 3 - 27 Members
TIER 4 - 81 Members
TIER 5 - 243 Members
TIER 6 - 729 Members
TIER 7 - 2,187 Members
TIER 8 - 6,561 Members
TIER 9 - 19,683 Members
TIER 10 - 59,049 Members
Once you know you will reach 10 members pay the $30 one time fee and $35 monthly fee to capture commission outside of your PEN = Personally Enrolled Network also known as your direct customers.members.
Once you have one Charter Member, you will receive TIER 1 payouts on top of what you already earn on your direct customers.
Once you have two Charter Members, you will receive TIER 2 payouts on top of what you already earn on your direct customers. Follow this same trajectory down 10 TIERS. 10 Charter Members means you have unlocked all 10 TIERS.
-COMMISSIONS-
10 basis points for every debit swipe or charge made to the debit card. Also any house payment made through their Vault Bank Account.
That is 1/10th of 1% to be be paid up 10 TIERS of the TBS.
You will also be paid $1.00 per card sold in your TBS - IF you sale a card to a member/customer, not Charter Member, but Member/Customer - you will earn a one-time payment of $25.00.
Charter Member will pay $99.00 for a card, while members/customers will pay $150.00. The seller will receive $25.00 and $10.00 will be paid up the TBS!
You will be able to add members/customers after the pre-launch.
Only Charter Members will be added in the pre-launch stage.
You will also be paid $10/month for your first 3 Charter Members and $2/month for the Charter Members in your Matrix, 10 TIERS deep the first 90 days if you are a Charter Member and after 90 days, you will be paid as deep as you have qualified (1 unlocked TIER per Charter Member).
There will also be surveys, videos, and so on that members can complete or watch to earn money towards the cost of their card, or really whatever they want to use it for.
Lastly, there will be bonuses paid if you reach certain thresholds of savings for your team. Since while using their RevvCard, they will receive a discount from hundreds of thousands of merchants - They will save money. The thresholds and bonuses will be announced at a later date.
In other words, anyone who wants to save will use their card. Anyone who wants to earn commission will refer membesr/customers.
Anyone who wants to earn insane commissions will become a Charter Member and helps others do the same.
-BONUS:
Members/Customers do NOT show up on your matrix!
This means you will receive commission on members/customers while they use their debit card over and above what you earn on your Charter Members.
What does that mean?
Easy - More potential income to you because your customers are paying you and not even taking up space on your matrix.
That leaves me with just one very simple question.
Why in the World would anyone even consider just being a Customer?
For the FIRST 90 days, ALL Charter Members will be paid down 10 TIERS!!!
That is fantastic. (Also - for the pre-launch stage only - appx 90 days, members will be Charter Members without having to first refer 10 customers!) - They will all be added Charter Members for the initial $30 and $35/month and be grandfathered in moving forward.
This means getting 10 Charter Members just became much easier for anyone who signs up prior to launch !The Smart Cards being delivered).