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Every active Micor Independent Representative receives a 25% discount off the retail price from all Micor products. This is the cash you put in your pocket from; direct sales, your home hair party sales, or the profit you receive from retail customers who make purchases on your Micor websites retail shopping cart. Retail customers who do not wish to be a Representative may purchase online.
Every Member of Micor receives a Virtual Office, complete with retail shopping cart as well as wholesale ordering in your back office, plus Marketing lead capture pages that take your prospects on a tour of the Micor opportunity and product lines. When Customers order products from your MyMicor page you receive the retail profit difference between the retail price and your wholesale (25%) discount! Micor operates with three sales cycles per month, similar to Avon. Cycles are 1st - 10th, 11th - 20th, and 21st - 31st. Orders are shipped within days after the cycle ends. This strategy will allow Micor to carry a wider product line of selections, which we will continually add more items as our company grows. Our expert team has spent many years to ensure that Micor International delivers the finest quality of hair products, at prices comparable in the marketplace. As a Micor Independent Representative you will be truly proud of the hair you wear, and the hair you sell to your customers and team members. Micor currently offers two brands of hair extensions, in three grades. Even though when compared to most sellers, all three grades of Micor hair are Grade A! Our Caviar Collection Platinum is our top of the line Virgin Indian Remy hair with a 1-year warranty. It is pricey, but competitive for Micor Members at wholesale. Caviar Gold is another excellent Virgin Remy Malaysian hair with a 6-month warranty, priced just right. Then our IndiSylk line is top quality non-Remy cuticle stripped hair that will not shed and mat, backed by a 90-day warranty. As an Independent Business Owner with Micor, you will be proud of the products you sell and even happier about the pay check! Micor is the most affordable, most common sense way to start your own hair business! NOW LETS DISCUSS THE MLM WAYS TO MAKE MONEY!
Micor International Affiliates & Consultants earn commissions from their Team - up to 7 Generations depending on Rank - from the wholesale hair that their Team members purchase for themselves or re-sale. As youre promoted, the higher your Rank....the more Generations that open and more money you make. (PLUS advancement bonuses)
LEVEL Affiliate Consultant Manager Director
Executive Director Presidential Platinum Presidential Diamond Zebra
5%
10% 1% 1% 1%
10% 5% 1% 1% 1%
10% 5% 3% 1% 1% 1% 1%
10% 5% 3% 3% 1% 1% 1%
10% 5% 3% 3% 2% 1% 1%
10% 5% 3% 3% 2% 1% 1%
10% 5% 3% 3% 2% 1% 1%
1% Infinity 1% Infinity
5% Bonus Pool
Level
Affiliate Consultant Manager Director Executive Director Presidential Platinum Presidential Diamond Zebra
Group Volume 0
Matrix Bonus
Infinite Downline
Bonus Pool
(4) Consultants (2) Managers (4) Managers (2) Directors (4) Managers (2) Exec. Directors (2) Presidential (2) Platinum
1,000,000 Presidential
Once a Rank is earned it stays! Group Volume (GV) qualications for Rank Advancement must be maintained for 3 consecutive months to be paid at that Ranks earnings. (Manager Rank requires 2 months)
1. 25% Commission Matching Bonus 2. $200 Micor Team Bonus 3. $500 Micor University Tuition Bonus (coming in 2013) 4. $75 Every 4 Hair Product Sale Bonus
$250
$250 $250
Earn A $200 Bonus for every 16 new Consultants that join your Bonus Team* in a 30-day period! To qualify you must first personally enroll 4+ new members in the optional Benefits Club, and then help train those 4+ to generate retail product sales as well as help train them to enroll their own Micor Independent Consultants into the Benefits Club. After you sell 4 Sr Consultant Memberships and your team successfully sells 16 new Consultant Memberships within your 2nd and 3rd Generation, and all of this happens within 30 days or less, you will earn a $300 bonus.
$199.99 Micor University 1 Day Pass $399.99 Micor University 1 Day Tuition Pass w/ 2 Bundles of 14 Indisylk $499.99 Micor University 1 Day Tuition Pass w/ 2 Bundles of 14 Indisylk and FREE sew in.
The backbone of the Micor compensation plan is our 4x5 Forced Matrix Bonus System!
The Matrix practically guarantees you will earn a residual monthly commission with Micor as a Consultant! You dont have to be a Super Salesman or Mega Recruiter to make residual income with Micor. As a forced matrix, your matrix will become filled in part by spillover from other Consultants around you in the Matrix.
Consultants earn 0.5%, Managers earn 1%, Directors earn 2%, Executive Directors earn 2.5%, and Presidential and up earn 3%!
*To qualify you need to personally sponsor 4 Consultants, and have a monthly purchase qualifying volume (PQV) of $150
4 ACROSS
YOU NEED 4 PERSONALLY SPONSORED REPS TO QUALIFY THE MATRIX CAN FILL UP EVERY TIME YOU, YOUR UPLINE, AND YOUR DOWNLINE START SIGNING UP PEOPLE!
5 LE VE LS D EE P
TOTAL 1364 MEMBERS THATS $1,023 PER MONTH Qualified Manager (example)
1st LEVEL: 4 Positions x $150 = $600 x 1% = $6 2nd LEVEL: 16 Positions x $150 = $2,400 x 1% = $24 3rd LEVEL: 64 Positions x $150 = $9,600 x 1% = $96 4th LEVEL: 256 Positions x $150 = $38,400 x 1% = $384 5th LEVEL: 1,024 Positions x $150 = $153,600 x 1% = $1,536
Theres ONLY one thing you (all Reps) have to do to keep this Residual Commission Bonus coming every month. SELL (or purchase) $150 (PQV) per month in Micor products at wholesale prices!
TOTAL 1364 MEMBERS THATS $2,046 PER MONTH Qualified Director (example)
1st LEVEL: 4 Positions x $150 = $600 x 2% = $12 2nd LEVEL: 16 Positions x $150 = $2,400 x 2% = $48 3rd LEVEL: 64 Positions x $150 = $9,600 x 2% = $192 4th LEVEL: 256 Positions x $150 = $38,400 x 2% = $768 5th LEVEL: 1,024 Positions x $150 = $153,600 x 2% = $3,072
TOTAL 1364 MEMBERS THATS $4,092 PER MONTH Qualified Executive Director (example)
1st LEVEL: 4 Positions x $150 = $600 x 2.5% = $15 2nd LEVEL: 16 Positions x $150 = $2,400 x 2.5% = $60 3rd LEVEL: 64 Positions x $150 = $9,600 x 2.5% = $240 4th LEVEL: 256 Positions x $150 = $38,400 x 2.5% = $960 5th LEVEL: 1024 Positions x $150 = $153,600 x 2.5% = $3,840
DISCLAIMER: These examples (and any others) are hypothetical examples that are intended to explain the components and operation of the Compensation Plan. These hypothetical examples are not representative of the income, if any, that an Affiliate or Consultant can or will earn through his or her participation in the Micor opportunity. These figures should not be considered as guarantees or projections of your actual earnings or profits. Any representation or guarantee of earnings, whether made by Micor or an Affilliate or Consultant, would be misleading. Success with Micor results only from successful sales eorts, which require hard work, diligence, and leadership. Your success will depend upon how effectively you exercise these qualities. Because Micor is so young, it has not yet had the ability to determine either: (1) the average earnings for all its Affiliates and Distributors; or (2) the percent of Micor Affiliates and Consultants who achieved or exceeded the hypothetical earnings set forth above. As soon as that information is available, we will publish it in our Income Disclosure Statement.
TOTAL 1364 MEMBERS THATS $5,115 PER MONTH Qualified PRESIDENTIAL, PLATINUM, or DIAMOND!
1st LEVEL: 4 Positions x $150 = $600 x 3% = $18 2nd LEVEL: 16 Positions x $150 = $2,400 x 3% = $72 3rd LEVEL: 64 Positions x $150 = $9,600 x 3% = $288 4th LEVEL: 256 Positions x $150 = $38,400 x 3% = $1,152 5th LEVEL: 1024 Positions x $150 = $153,600 x 3% = $4,608
As you grow your Team of Micor Consultants and the monthly purchase volume of your Team increases, you qualify to receive a One Time Cash Bonus as indicated in the chart below (GSV).
Rank Affiliate Consultants Manager Director Executive Director Presidential Platinum Presidential Diamond Zebra
Requirement
No Sponsor Requirement No Sponsor Requirement 4 Personally Sponsored 2 Managers 4 Managers & 2 Directors 4 Directors & 2 Executives 2 Presidential 2 Platinum Presidential
Group Sales Volume 0$ $0-$14,999 $15,000 $50,000 $100,000 $200,000 $500,000 $1,000,000
You can become a Manager by simply referring 4 Personally Sponsored Reps and helping them refer their first 4. If 10 reps were to sell $1,500 PV you would become a Manager. (Or 20 who sell $750!)
Remember... Hair has a HIGH VALUE IT DOESNT TAKE VERY MANY CUSTOMERS TO REACH A Manager HIGH VOLUME!
Joe $1500 PV
Angela $1500 PV
Tammy $1500 PV
Amy $1500 PV
Deborah $1500 PV
Bernard $1500 PV
Theresa $1500 PV
EXAMPLE:
If you were qualified as a Director, heres an example of the commission you could earn in the form of Points from everyone buying product points in your entire 7 Generation Team, assuming you enroll 4 people in the Points Program who enroll 4, who enroll 4, etc....down 7 Generations! (All Micor Members from Affiliates to Diamond Zebras will earn product points as commission based on their Rank in Micor)
GENERATION
POINTS PURCHASE 50 Points ($50) 50 Points ($50) 50 Points ($50) 50 Points ($50) 50 Points ($50) 50 Points ($50) 50 Points ($50)
IF 4 GET
4 POINTS EARNED
1st Gen. 2nd Gen. 3rd Gen. 4th Gen. 5th Gen. 6th Gen. 7th Gen.
10% 5% 3% 1% 1% 1% 1%
5.0 Points 2.5 Points 1.5 Points 0.5 Points 0.5 Points 0.5 Points 0.5 Points
Total =
$11,036
Thats a LOT of extra money for inventory...not that you need any hair inventory....but you could buy a LOT of hair at wholesale with your POINTS!
Qualified Affiliates and Consultants can sell an optional Micor Product Pack and earn an immediate 1st Generation commission equal to 25%, and Team commission on UP TO* 6 more Generations! If you purchase a pack, you may choose to retail any of the products if you wish, however you will find more value if you wear the Micor hair yourself and utilize the sample pieces to demonstrate the quality of Micor hair. (Packs count as PV/GV fo r Rank advancement). The Product Packs you sell (or purchase for yourself) count toward your Personal Volume (PV) for that calendar month, as well as the Group Volume of the 6 Micor Consultants above you. New Micor Representatives have up to 60 days to purchase a Product Pack.
*The Product Packs are in development and will begin rolling out in January 2013
Separate from all other commissions are the Quick Start commissions, paid when enrolling new Consultants or retailing Micor University to non-Members. These Quick Start commissions are based on monthly subscriptions, whether purchased by a new Micor Independent Representative (IR) who opts to begin at the Consultant rank, a Retail Customer, or existing I.R.s wishing to upgrade. Each subscription pack has a dollar value and point value called Quick Start Volume (QSV).
Micor University + $89.95 $70 $19.95 Starter Kit LEVEL 1 2 3 4 5 PAY OUT $20 $5 $5 $10 $10
$149.95
LEVEL 1 2 3 4 5
$130 Bundle Pack + $19.95 Starter Kit PAY OUT $25 $10 $10 $20 $20
Sponsor 4 & Receive a
BONUS of $50
($10 ON 4 Juniors)
YOU
$25
LEVEL 1
All Star Team
$25x4=$100+$50=
$150
NOW YOU BROKE EVEN!
$25
GLORIA
$25
SUSAN
$25
ALICIA
JAMIE
LEVEL 2
Bonus Team
$10
$10
$10
$10
$10
$10
$10
$10
LEVEL 3
Bonus Team
$10
$10
$10
$10
$10
$10
$10
$10
LEVEL 4
Power Team
$20
$20
$20
$20
$20
$20
$20
$20
$20
LEVEL 5
Power Team
$20
$20
$20
$20
$20
$20
$20
$20
Once you refer your first 4 people, your bonus will be fully activated, and you will be eligible to receive a $200 Bonus in your Bonus Team every increase of 16 New Reps.
(16 x $10 = $160) + ($20 x 17 = $340) = $500 + $200 = $700 + $150 = $850
You will Earn = $3,400 for the Month if you did that every week
Separate from all other commissions are the Quick Start commissions, paid when enrolling new Consultants or retailing Micor University to non-Members. These Quick Start commissions are based on monthly subscriptions, whether purchased by a new Micor Independent Representative (IR) who opts to begin at the Consultant rank, a Retail Customer, or existing I.R.s wishing to upgrade. Each subscription pack has a dollar value and point value called Quick Start Volume (QSV). All new Independent Representatives enroll in Micor as an AFFILIATE must purchase a Micor International Virtual Starter Kit (optional in North Dakota). From there the Affiliate pays a monthly replicated website (Virtual Office) fee of $19.95 per month to remain an active Member of Micor International. This includes the NaXum Basic System which includes a replicated website with a mobile ready back office, and complete marketing system with capture web pages, autoresponders, live chat, SMS contacter, and much more. (More advanced marketing systems are available for an additional fee) AFFILIATES: ONLY Consultants are qualified to earn Quick Start Commission. New Affiliates can immediately qualify as a Micor Consultant with 100 QSV (Quick Start Volume) by selecting a membership in Micor University eLearning Hair Academy, Micor Benefits Club, or the hair Bundle Pack which combines the two. Affiliates do not receive Quick Start commissions when they enroll a new Consultant or residual monthly commission on M.U. until Affiliates are qualified as a Consultant. (The commission you forego qualifies you as a Consultant) A. Micor University (100 QSV) requires $70 initially (+$19.95) and $70 monthly (+$19.95) Membership Fee. (Total $89.95 initially, monthly $89.95 including fee) B. Micor Benefits Club (100 QSV) requires $70 initially (+$19.95) and $70 monthly (+$19.95) Membership Fee. (Total $89.95 initially, monthly $89.95 including fee ) C. The Micor Bundle Pack (150 QSV) combines both Micor University and Micor Benefits Club, PLUS a BONUS of a FREE bundle of IndiSylk 14 hair Natural Straight/Wavy ($130 retail value) which is shipped after the first monthly payment is completed, for $130 initially (+ $19.95) and $130 monthly (+ $19.95) Membership Fee. (Total $149.95 initially, monthly $149.95 including fee) As an alternate to purchasing Micor University or Micor Benefits, an Affiliate can qualify as a Consultant (includes Micor University only) through personal performance with 600 QSV. This can be achieved by enrolling 6 Members* in Micor University/Micor Benefits or by enrolling 4 Members* who select the Bundle Pack. (Or a combination of both totaling 600 QSV) Once this is achieved the Affiliate is promoted to Consultant and the monthly Membership Fees from the Consultants they enrolled in order to qualify now count toward their monthly residual income. (*A Member can be either a Consultant or Retail Customer) CONSULTANTS: Consultants are qualified to earn Quick Start Commission. When Consultants sell a Micor University eLearning Hair Academy or Micor Benefits Club subscription at the time they enroll a new Independent Consultant or Customer, they earn a Quick Start commission of $20 ($25 on the Bundle Pack). When a Consultant enrolls four (4) Members into M.U. or Micor Benefits Club they receive a Quick Start Bonus of $10. When a Consultant sells four (4) Bundle Packs the Consultant earns a Quick Start Bonus of $50. Each Consultant should have a goal to enroll 4 Members* at their same membership level. If at least 4 personally sponsored Members* with the same membership level remain active every month, the Sponsoring Consultant will automatically pay for their own monthly subscription fee requirement. Retail customers may also purchase a Micor University Membership for $99.95 (plus $59.95 per month) which also pays Micor Consultants the same Quick Start and Residual commission. (Non Micor Members who take this course become Certified Micor University Customers) (The Virtual Office is not included with the Membership when purchased by a non-member) *The Micor Benefits offer will be withdrawn January 1st 2013. Pre-existing Members can continue their membership, but new memberships will not be sold.*
If a new Member joins Micor as an Affiliate then they cannot earn commission from the 8th and 9th ways to get paid. A new Member can enroll as a Consultant by purchasing the Junior Consultant Micor University subscription for $89.95 ($19.95 + $70), or the Senior Consultant Micor University subscription which includes a bundle of hair every month for $149.95. Each package has a monthly subscription payment equal to the up-front charge ($89.95 - $149.95). Subscribers earn residual commission from all the subscribers on their Team down 7 Generations.
Level
1 2 3 4 5 6 7
Pay Out
$5.00 $10.00 $10.00 $5.00 $5.00 $5.00 $5.00
Whether you are a beginner, intermediate or an advanced network marketer, Micor has a marketing system for you. If you are serious about your Micor business, we offer two (2) optional marketing upgrades below. The Basic system includes an email marketing system that sends corporate follow up emails to your prospects, as well as custom emails that you create. Upload a database of your own personal contacts and let the system do the telling and selling for you! (No SPAM Policy) The Basic system also includes Phone Contactor and Text Contactor, powerful pay-per-use tools that allow you to blast a voice or text message to hundreds of contacts at once. If your serious about building your Micor business and believe you will attract more than 200 Prospects in your database, upgrade to the Builder or Premium system and expand your reach to 500 or 11,000 Prospects! These systems also include Corporate and Personal video shares which sends out powerful video emails to your Team and/or Prospects! All of these tools are essential for organizing and building your Micor hair business as well as your Hair Stylist & Salon business! Put your marketing on autopilot!
BASIC $19.95
Yes Yes Yes Yes Yes 10/100 Unlimited None None 200 Unlimited None Free Trial Pay Per None None Basic
BUILDER $39.95
Yes Yes Yes Yes Yes 15/500 Unlimited None None 500 Unlimited None Free Trial Pay Per Unlimited 2 Basic
PREMIUM $69.95
Yes Yes Yes Yes Yes 20/1000 Unlimited 4/20 1000/10,000 11,000 Unlimited Yes Free Trial Pay Per Unlimited 50 Basic
*All new Micor members receive the Basic marketing system for $19.95. The Builder and Premium Packages are available as an upgrade in your Micor back office.
To help you understand the Micor International Compensation Plan, below are some brief definitions of terms used in the plan Affiliate
Entry level self-employed Independent Representatives (IR) with limited participation in the Micor International Income Opportunity by buying at wholesale and/or selling retail Micor products, as well as develop a small marketing organization to market Micor products.
Consultant
Advanced level self-employed Independent Representatives who participate in the Micor International Income Opportunity by buying at wholesale and/or selling retail Micor products, as well as develop a small marketing organization to market Micor products.
Customers
Customers are Micor International product consumers. The IR sells Micor products at retail and earns the retail profit defined as the difference between the price the Customer paid and the IR paid.
Retail Profit
The profit earned on any product sold to a Customer for a price higher than the price paid by the IR.
Subscription
A subscription is an agreed to monthly payment plan that the IR pays to participate in a program. The basic subscription that every Micor Member pays is $19.95 for the replicated website and Virtual Back Office.
Rank
This denotes levels of achievement within the Compensation Plan. Rank is used to calculate compensation (Pay Rank) and recognize productivity in Micor. (Examples: Manager, Director, Presidential, etc)
Sponsor
The person or entity who enrolled you into Micor International MLM
Generation(s)
A Generation is the Micor Members that are in your organization. These are the people that you sponsored, followed by the Members that those Members sponsored. Just like your children are your first generation, and their children are your second generation, etc.
Level(s)
A Level is used to represent the 5 levels in your 4X5 Matrix. Levels are different than Generations because the Micor Members in your Matrix are spread between 5 Levels.