Post by Erich on Aug 6, 2009 9:54:37 GMT -5
For those of you who are SFI members or interested in becoming members, they have a new program called: "VersaPoints."
Here is the info taken from their website:
Today we are very excited to introduce to you a more powerful and simpler SFI. What we've done is rebuild SFI around a simple concept we call "VersaPoints."
In short, the more points you accumulate, the more money you'll earn with SFI!
More points also means valuable perks and "power tools" to help you fully maximize your profits.
How do you earn points?
Again, very simple. On your SFI Homepage, we now list for you all the actions you can take to earn points.
Each time you complete an action, you instantly earn the points attached to that action. Some actions are worth 20 points, some 30 points, some as much as 100 points, and so on. Once you complete an action, we remove it from your SFI Homepage.
You can also earn unlimited VersaPoints on sales and purchases from TripleClicks.
Then, at the end of the month, we'll add up all the points you've earned during the month and award you the benefits accorded by your point total. It's that simple!
To see what these benefits, perks, and payouts are, we've created an important new page...the SFI Benefits Chart. Check it out here:
www.sfimg.com/Reference/ComparisonChart.sfi
As the new Benefits Chart shows, all ranks and earnings levels are now based on the VersaPoints you score each month.
That is, you can now earn EA (Executive Affiliate) status via points!...which can come from any combination of actions, sales, and/or purchases!
Yes, we've now made it so those who are just getting started and have minimal funds to invest, can earn executive status through recruiting other affiliates, getting trained, etc. Especially for many countries outside the United States, SFI has just taken a huge step forward in viability! And we look forward to welcoming many, many new Executive Affiliates across the globe.
You'll also notice that there are now SEVEN earnings levels, starting at 500 points.
VersaPoints doesn't stop there though. We also use your points for our Power Rank program. Power Rank allows you to see how you stack up against your fellow SFI'ers. The more points you accumulate, the higher your rank can go. We rank you in three ways:
A. Your overall Power Rank tells you where you rank amongst ALL active SFI affiliates worldwide.
B. Your Country Rank tells you where you rank amongst the active SFI affiliates in your country.
C. Your Class Rank tells you where you rank amongst the active SFI affiliates in your class (i.e. all SFI affiliates who joined SFI the same day you did).
TIP: You can check your current VersaPoints total and also your current overall Power Rank, Country Rank, and Class Rank anytime at your SFI Homepage.
ANTICIPATED QUESTIONS:
Q: Why is a system based on points better than what we had before?
A: Much of what has compelled this change has come from the Power Rank program. As you know, Power Rank primarily is just a method for seeing how you stack up against your peers in SFI. Our affiliates just love it though and they love the points system. Since introducing the Power Rank program earlier this year, activities that have been tied to points are being performed at a rate of 10-20 times what they were prior to Power Rank! This is a HUGE increase!...and now imagine what we might see with all ranks, qualifications, and benefits tied to points production!
Bottom line: People just seem to immediately grasp a points-based system. It's clean, simple, easy-to-understand, and allows our affiliates to get started right away on the activities they need to do to build a successful business!
Q: Do we still have the titles of Executive Affiliate, Bronze Team Leader, Silver Team Leader, etc.?
A: Yes, the only difference is that now you qualify for them exclusively via points each month.
Q: What if I'm short a few points of the level I wish to achieve for the month? Can I buy products at TripleClicks to make up the difference?
A: Yes
Q: Can I achieve the Executive Affiliate (EA) level of 1500 points with a combination of actions?
A: Yes, you can achieve it with any combination of actions, sales, and/or purchases. So long as you generate a minimum of 1500 points during the month, you qualify as an EA.
Q: Can I also achieve the Team Leader levels with a combination of actions?
A. Yes, you can achieve all Team Leader ranks with combinations of actions, sales, and/or purchases. However, a maximum of 2000 points from sales or purchases may be used for Team Leader qualifications.
Q: How does the old SVP (Sales Volume Points) translate into VersaPoints?
A: 10 SVP is equal to 1500 VersaPoints, which is the point total needed for Executive Affiliate status. So if you had a 10 SVP Standing Order to maintain your EA rank, you'll continue to maintain that same rank with your now 1500 VP Standing Order.
Q: So I don't have to do anything to my Standing Order to continue to be an EA?
A: That is correct. You're all set.
ADDED 8/5/06 11:16 PM
Q: I understand that I earn 100 VersaPoints for each personally sponsored EA, 150 for each personally sponsored BTL, and up to 300 for a PTL. When do I receive those points?
A: As soon as those affiliates achieve the rank, which in many cases will be when Standing Orders are processed.
Here is the info taken from their website:
Today we are very excited to introduce to you a more powerful and simpler SFI. What we've done is rebuild SFI around a simple concept we call "VersaPoints."
In short, the more points you accumulate, the more money you'll earn with SFI!
More points also means valuable perks and "power tools" to help you fully maximize your profits.
How do you earn points?
Again, very simple. On your SFI Homepage, we now list for you all the actions you can take to earn points.
Each time you complete an action, you instantly earn the points attached to that action. Some actions are worth 20 points, some 30 points, some as much as 100 points, and so on. Once you complete an action, we remove it from your SFI Homepage.
You can also earn unlimited VersaPoints on sales and purchases from TripleClicks.
Then, at the end of the month, we'll add up all the points you've earned during the month and award you the benefits accorded by your point total. It's that simple!
To see what these benefits, perks, and payouts are, we've created an important new page...the SFI Benefits Chart. Check it out here:
www.sfimg.com/Reference/ComparisonChart.sfi
As the new Benefits Chart shows, all ranks and earnings levels are now based on the VersaPoints you score each month.
That is, you can now earn EA (Executive Affiliate) status via points!...which can come from any combination of actions, sales, and/or purchases!
Yes, we've now made it so those who are just getting started and have minimal funds to invest, can earn executive status through recruiting other affiliates, getting trained, etc. Especially for many countries outside the United States, SFI has just taken a huge step forward in viability! And we look forward to welcoming many, many new Executive Affiliates across the globe.
You'll also notice that there are now SEVEN earnings levels, starting at 500 points.
VersaPoints doesn't stop there though. We also use your points for our Power Rank program. Power Rank allows you to see how you stack up against your fellow SFI'ers. The more points you accumulate, the higher your rank can go. We rank you in three ways:
A. Your overall Power Rank tells you where you rank amongst ALL active SFI affiliates worldwide.
B. Your Country Rank tells you where you rank amongst the active SFI affiliates in your country.
C. Your Class Rank tells you where you rank amongst the active SFI affiliates in your class (i.e. all SFI affiliates who joined SFI the same day you did).
TIP: You can check your current VersaPoints total and also your current overall Power Rank, Country Rank, and Class Rank anytime at your SFI Homepage.
ANTICIPATED QUESTIONS:
Q: Why is a system based on points better than what we had before?
A: Much of what has compelled this change has come from the Power Rank program. As you know, Power Rank primarily is just a method for seeing how you stack up against your peers in SFI. Our affiliates just love it though and they love the points system. Since introducing the Power Rank program earlier this year, activities that have been tied to points are being performed at a rate of 10-20 times what they were prior to Power Rank! This is a HUGE increase!...and now imagine what we might see with all ranks, qualifications, and benefits tied to points production!
Bottom line: People just seem to immediately grasp a points-based system. It's clean, simple, easy-to-understand, and allows our affiliates to get started right away on the activities they need to do to build a successful business!
Q: Do we still have the titles of Executive Affiliate, Bronze Team Leader, Silver Team Leader, etc.?
A: Yes, the only difference is that now you qualify for them exclusively via points each month.
Q: What if I'm short a few points of the level I wish to achieve for the month? Can I buy products at TripleClicks to make up the difference?
A: Yes
Q: Can I achieve the Executive Affiliate (EA) level of 1500 points with a combination of actions?
A: Yes, you can achieve it with any combination of actions, sales, and/or purchases. So long as you generate a minimum of 1500 points during the month, you qualify as an EA.
Q: Can I also achieve the Team Leader levels with a combination of actions?
A. Yes, you can achieve all Team Leader ranks with combinations of actions, sales, and/or purchases. However, a maximum of 2000 points from sales or purchases may be used for Team Leader qualifications.
Q: How does the old SVP (Sales Volume Points) translate into VersaPoints?
A: 10 SVP is equal to 1500 VersaPoints, which is the point total needed for Executive Affiliate status. So if you had a 10 SVP Standing Order to maintain your EA rank, you'll continue to maintain that same rank with your now 1500 VP Standing Order.
Q: So I don't have to do anything to my Standing Order to continue to be an EA?
A: That is correct. You're all set.
ADDED 8/5/06 11:16 PM
Q: I understand that I earn 100 VersaPoints for each personally sponsored EA, 150 for each personally sponsored BTL, and up to 300 for a PTL. When do I receive those points?
A: As soon as those affiliates achieve the rank, which in many cases will be when Standing Orders are processed.
Sandi 