The Sales and Marketing Plan is designed in such a way that a SmartValue Independent Business Associate (IBA) can earn maximum benefits from both merchandising profit and Sales Incentives.
Your earning benefits from this opportunity are in direct proportion to your ability to sell SmartValue products.
STEPS TO BECOME AN IBA
- Becoming a SmartValue IBA is totally free of cost
- Fill and submit the online Registration Form and get an IBA ID. On receipt of duly filled and Submit the physical IBA Registration Form to the nearest SmartValue branch office within 15 days from the date of online registration. The said IBA ID will be activated on receipt of duly filled and signed physical SmartValue IBA Registration Form.
- On acceptance of physical IBA Registration Form, you are eligible to buy products at Associate Price.
- You will also get access to Smart office in the company website as a Value Added Benefit where you can track all the information about your business transactions dealt with the company.
- The IBA registration is valid for one year from the date of online registration, subject to acceptance of your physical IBA Registration Form
HOW TO EARN ?
You can earn in TWO WAYS, namely:
1.Merchandising Profit: You can earn money in terms of Merchandising Profit (MP). Merchandising Profit means you can buy the products from the company at an Associate Price (AP) and sell at Maximum Retail Price (M.R.P.) to the customers. The differential amount of MRP and AP is your Merchandising Profit. (MP=MRP-AP)
|Product||MRP||Associate Price||Merchandising Profit|
|Nourish Kokum Plus (500ml)||799||599||200|
|Nourish Protein Powder (500gm)||1599||1199||400|
HOW TO EARN SALES INCENTIVES?
2.Sales Incentive Plan: During the validity of your IBA ID as soon as you personally accumulate 100 miles on purchasing or selling of SmatValue products on your IBA ID, you will be eligible for miles accumulation of the products purchased and sold by your team of IBAs for sales incentive.
Once you become eligible for sales incentive plan, following is the way to earn sales incentive.
Group sales incentive: Based on the volume of products purchase by you & your team of IBAs, miles will be accumulated in your IBA ID. Based on the miles accumulated every week, group sales incentives will be paid to you as per the eligibility criteria * and as per group sales incentive plan as mentioned below.
|Group Sales incentive Plan|
|First step of 900 miles||4800/-(Read Early Advantage Offer Below)|
|Second Step of 900 miles and above upto 4500 miles||4700/-for every 900 miles|
|Early Advantage Offer: Early advantage offer splits the first 900 miles into 3 slabs of 300 miles each.|
|First 300 miles||1600|
|Second 300 miles||1600|
|Third 300 miles||1600|
- Weekly Group Sales Incentive will be paid based on the miles accrued as per the sales and marketing plan After 4500 miles, the Group Sales Incentive will be paid as per the step rate* of that week. All payable Sales Incentives under Sales and Marketing Plan or any other plan/offer are inclusive of service tax. All payments shall be subject to TDS and other applicable statutory deductions as per the law time being in force. All IBA’s shall submit their PAN details to the company to receive Sales Incentive. No commission will be paid for referring IBAs. Merchandising profit and sales incentive will be paid to IBAs as a commission, proportionate to the sale of Company products. Commission to IBAs will be paid only through NEFT, as such all IBAs who earned commission shall submit required documents to register for NEFT.* Visit website www.smartvalue.biz for more details.
- SmartValue IBA ship is not an employment/ job and also not a monthly income guarantee scheme.
Income as a sales commission from SmartValue is directly proportionate to the sale of SmartValue products. No commission will be paid for referring people to become an IBA of Company.
Be aware of the company’s Product Exchange & Refund Policy. In case you or your customer find the purchased products or not entirely to your / customer satisfaction, you /customer can exchange the products within 180 days from the date of purchase of the products or you / customer can claim refund of the Product cost within 45 days from the date of purchase by returning the products purchased in saleable condition along with the original invoice. Subject to company’s terms & conditions.
Please visit SmartValue website www.smartvalue.biz for updated price list and offers provided from time to time.