Compensation Plan
Studio7Fashion Compensation Plan
We believe a comp plan should be easy to understand and designed to reward our consultants quickly!
Definitions
WPV - Wholesale Purchase Volume - This is the dollar amount of your personal purchases made on the Consultant store.
GPV - Group Purchase Volume - This is the dollar amount of all your team under you, from the 1st tier to the 10th tier.
Payouts
All consultants receive a flat percentage on their WPV (Wholesale Purchase Volume)
Wholesale Purchase Volume payout for all consultants is 7% (less shipping, discounts, gift cards and credits)
Group Purchase Volume payout is according to each tier (less shipping, discounts, gift cards and credits): This chart is found in your back office.
There are NO qualifiers, NO levels and NO minimums to receive commission. For example, if you built a first tier and second tier and they have purchases and you have none (0 WPV), you will still receive a commission (5% on first and 2% on second) on your down-line's purchases.
Retail Purchase Volume (RPV)
RPV is calculated by adding together all retail sales made from your personal Studio7Fashion retail website link (less shipping, discounts, gift cards and credits). The payout for retail purchase volume is 45%.
Please note: A consultant may not purchase from their own retail website or from another consultants retail website. A consultant may not use another consultants retail discount codes. If a consultant purchases from the retail website at any time, the RPV commission for that order will not be processed.
Payday
Commissions are paid by the 20th of the month (following the earning month) and paid by CashApp, PayPal or Studio7Fashion shop credit. If your commission is less than $20, it is paid as a Studio7Fashion shop credit to be used on the wholesale site. All credit commissions must be used within 90 days. If you do not have a registered payment method, your commission will be paid via shop credit. If you did not make a purchase in the month the commission was earned your commission will be issued as a store credit. Store credit is not redeemable as cash. If you have a store credit it is only good on a future purchase.
Studio7Fashion LLC reserves the right to change/adjust terms and policies.
Studio7Fashion LLC reserves the right to remove anyone as a consultant if we feel they are attempting to impede or interfere with the integrity of the system.