SlideShare uma empresa Scribd logo
1 de 11
Baixar para ler offline
Pay 4 Performance Plan
-Prepared By
Balachandran RV
BSYNC Clothing
• Pioneer in Ethnic Clothing
• Over 8000+ products in Salwar Kameez, Sarees, Wedding
Lehangas
• Total Products worth Rs900 crore
• Distribution to 40+ countries.
• Retail and Bulk Distribution through www.bsyncfashion.com
3/18/2022 2
BSYNC Confidential
Performance Plan
• Opportunity for an individual, group or company to partner
with BSYNC in the distribution channel
• Pay for Performance scheme (P4P)
• 3 Broad Volume based incentives
Plan Name
Monthly Volume
Commission %
Min Max
BSY1L 1000 1 lakh 23%
BSY5L 1 lakh+ 5 lakh 26%
BSY10L 5 lakh+ no max 29%
3/18/2022 3
BSYNC Confidential
How to operate?
• Lets take an example of a guy called Ramesh who signs up for
marketing with BSYNC
• Ramesh can get marketing commission as illustrated in the
table above based on his monthly volume
• Ramesh can create sales through the following channels
– Get retail orders through www.bsyncfashion.com by using a specific
coupon code say “RAM10 – Flat10% off”
– Get Bulk orders from Retail outlets, wholesale agents or a particular
community/society/corporate
– Create a group/company to distribute products
3/18/2022 4
BSYNC Confidential
Getting Sales Leads
• The entire world is a connected marketplace due to internet
• So is BSYNC’s operational methodologies
• Ramesh can get orders from
– Any Country/City/Pincode
– Any Quantity (1 to 1000 pcs)
– Any Amount in any currency
• Ramesh has no entry/exit criteria. He can perform when at his
will, he can also exit at his discretion.
• No Upper limit on Ramesh’s income potential.
3/18/2022 5
BSYNC Confidential
Meeting Targets?
• Sales is an excellent companion to top-performers.
• BSYNC’s operational methodologies are well adapted to cater
to Ramesh’s flexibility
• Ramesh can introduce a buyer to BSYNC and continue to get
sales incentive on repeat purchases.
• Ramesh can appoint further franchisees or agencies to help
him grab more volume of sales.
• Ramesh can use his free/spare time to grab orders and the
targets he chooses are on personal will and competency.
3/18/2022 6
BSYNC Confidential
1. Illustration of Sales – Retail Order
• Ramesh meets a girl Remya who is interested to buy Product-A from BSYNC
• Product-A is listed at Rs1000 at www.bsyncfashion.com
• Ramesh being a marketing agent with BSYNC gets the product at Min 25%
discount, hence his price is Rs750
• Ramesh can decide to sell the product to Remya at any price between Rs750 to
Rs1000
• Say Ramesh gets a discount coupon created for Flat 10% off with code “RAM10”
• Now Remya can purchase at 10% off from Rs1000 = Rs900.
• Here Ramesh sacrifices a small % of his marketing incentive to close a new sale.
• Summary
– MRP Rs1000
– Final Sold Price: Rs900 (10% off mrp)
– Incentive 25% of mrp: Rs1000 – Rs750 = Rs250
– Paid out incentive: Rs900 – Rs750 =Rs150
• Win-Win-Win scenario
– Ramesh wins a new customer Remya by partially offering a discount. There is higher chance of repeat order
– Remya wins a discount coupon that helped her save money
– BSYNC wins by serving a quality product and rewarding its agent (Ramesh)
3/18/2022 7
BSYNC Confidential
2. Illustration of Sales – Bulk Order
• Ramesh offers to distribute BSYNC product to Mr. Kamal’s shop/boutique.
• Kamal normally visits Bangalore, Chennai, Mumbai and Delhi to get good
variants of ethnic wear to his shop.
• Ramesh offers to do a door-delivery of products which Kamal has bought
by selecting through a catalog
• Ramesh provides a 18% discount on MRP to give value deal to Mr. Kamal.
• Kamal buys products worth Rs2,00,000 through Ramesh.
• Summary
– MRP of products sold: Rs2,00,000
– Discount to Ramesh: 26% = 52,000
– Discount offered to Mr. Kamal by Ramesh= 18% = Rs36,000
– Payout to Ramesh: Rs52k – Rs36k = Rs16,000
• Win-Win-Win Scenario
– Ramesh wins a big fish who could buy big volumes of products every month
– Kamal saves money by getting products in bulk, saving time by not stepping out of his business place to get
good products
– BSYNC pays out reward to Ramesh as well as serves huge volumes to Kamal
3/18/2022 8
BSYNC Confidential
3. Illustration of Sales – Further Franchise
(FF)
• Ramesh has now become an expert in selling products in the retail and bulk
channel.
• He now decides to maximize his earning potential by starting a
group/society/company. This method is called further franchise (FF)
• Ramesh now appoints 3 staffs Gokul, Gopal and Gowry to boost his sales volume.
• Ramesh instructs Gokul and Gopal to go after bulk/corporate sales and Gowry to
boost retail customer base.
• In a particular month Ramesh’s group does an overal volume of Rs15,00,000
• BSYNC pays out commission of 29% to Ramesh = Rs4,35,000
• Ramesh can now decide on what percentage he needs to pay Gokul, Gopal and
Gowry.
• Win-Win-Win Scenario
– Ramesh gets the max incentive benefit by clocking huge sales volume month on month
– Gokul, Gopal and Gowry are benefited as they start becoming earning members of their respective family
– BSYNC spreads its quality message by reaching out to more customers.
3/18/2022 9
BSYNC Confidential
Upto 4% additional incentive
• If Ramesh meets a consistent volume of either slab BSY1l or
BSY5L or BSY10L gets an additional benefit upto 4%
– BSY1L – 2%
– BSY5L – 3%
– BSY10L – 4%
• Pay-out plan to reward the top performers and consistent
volume creators.
• Payout is applicable on every 12months evaluating the
performance of Agents like Ramesh
3/18/2022 10
BSYNC Confidential
Thankyou
• Still confused ?
– Email to balu@bsyncfashion.com
– Call +91-9249425272
3/18/2022 BSYNC Confidential 11

Mais conteúdo relacionado

Destaque

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by HubspotMarius Sescu
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 

Destaque (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

Pay 4 Performance - How to make money part time while in college or corporate

  • 1. Pay 4 Performance Plan -Prepared By Balachandran RV
  • 2. BSYNC Clothing • Pioneer in Ethnic Clothing • Over 8000+ products in Salwar Kameez, Sarees, Wedding Lehangas • Total Products worth Rs900 crore • Distribution to 40+ countries. • Retail and Bulk Distribution through www.bsyncfashion.com 3/18/2022 2 BSYNC Confidential
  • 3. Performance Plan • Opportunity for an individual, group or company to partner with BSYNC in the distribution channel • Pay for Performance scheme (P4P) • 3 Broad Volume based incentives Plan Name Monthly Volume Commission % Min Max BSY1L 1000 1 lakh 23% BSY5L 1 lakh+ 5 lakh 26% BSY10L 5 lakh+ no max 29% 3/18/2022 3 BSYNC Confidential
  • 4. How to operate? • Lets take an example of a guy called Ramesh who signs up for marketing with BSYNC • Ramesh can get marketing commission as illustrated in the table above based on his monthly volume • Ramesh can create sales through the following channels – Get retail orders through www.bsyncfashion.com by using a specific coupon code say “RAM10 – Flat10% off” – Get Bulk orders from Retail outlets, wholesale agents or a particular community/society/corporate – Create a group/company to distribute products 3/18/2022 4 BSYNC Confidential
  • 5. Getting Sales Leads • The entire world is a connected marketplace due to internet • So is BSYNC’s operational methodologies • Ramesh can get orders from – Any Country/City/Pincode – Any Quantity (1 to 1000 pcs) – Any Amount in any currency • Ramesh has no entry/exit criteria. He can perform when at his will, he can also exit at his discretion. • No Upper limit on Ramesh’s income potential. 3/18/2022 5 BSYNC Confidential
  • 6. Meeting Targets? • Sales is an excellent companion to top-performers. • BSYNC’s operational methodologies are well adapted to cater to Ramesh’s flexibility • Ramesh can introduce a buyer to BSYNC and continue to get sales incentive on repeat purchases. • Ramesh can appoint further franchisees or agencies to help him grab more volume of sales. • Ramesh can use his free/spare time to grab orders and the targets he chooses are on personal will and competency. 3/18/2022 6 BSYNC Confidential
  • 7. 1. Illustration of Sales – Retail Order • Ramesh meets a girl Remya who is interested to buy Product-A from BSYNC • Product-A is listed at Rs1000 at www.bsyncfashion.com • Ramesh being a marketing agent with BSYNC gets the product at Min 25% discount, hence his price is Rs750 • Ramesh can decide to sell the product to Remya at any price between Rs750 to Rs1000 • Say Ramesh gets a discount coupon created for Flat 10% off with code “RAM10” • Now Remya can purchase at 10% off from Rs1000 = Rs900. • Here Ramesh sacrifices a small % of his marketing incentive to close a new sale. • Summary – MRP Rs1000 – Final Sold Price: Rs900 (10% off mrp) – Incentive 25% of mrp: Rs1000 – Rs750 = Rs250 – Paid out incentive: Rs900 – Rs750 =Rs150 • Win-Win-Win scenario – Ramesh wins a new customer Remya by partially offering a discount. There is higher chance of repeat order – Remya wins a discount coupon that helped her save money – BSYNC wins by serving a quality product and rewarding its agent (Ramesh) 3/18/2022 7 BSYNC Confidential
  • 8. 2. Illustration of Sales – Bulk Order • Ramesh offers to distribute BSYNC product to Mr. Kamal’s shop/boutique. • Kamal normally visits Bangalore, Chennai, Mumbai and Delhi to get good variants of ethnic wear to his shop. • Ramesh offers to do a door-delivery of products which Kamal has bought by selecting through a catalog • Ramesh provides a 18% discount on MRP to give value deal to Mr. Kamal. • Kamal buys products worth Rs2,00,000 through Ramesh. • Summary – MRP of products sold: Rs2,00,000 – Discount to Ramesh: 26% = 52,000 – Discount offered to Mr. Kamal by Ramesh= 18% = Rs36,000 – Payout to Ramesh: Rs52k – Rs36k = Rs16,000 • Win-Win-Win Scenario – Ramesh wins a big fish who could buy big volumes of products every month – Kamal saves money by getting products in bulk, saving time by not stepping out of his business place to get good products – BSYNC pays out reward to Ramesh as well as serves huge volumes to Kamal 3/18/2022 8 BSYNC Confidential
  • 9. 3. Illustration of Sales – Further Franchise (FF) • Ramesh has now become an expert in selling products in the retail and bulk channel. • He now decides to maximize his earning potential by starting a group/society/company. This method is called further franchise (FF) • Ramesh now appoints 3 staffs Gokul, Gopal and Gowry to boost his sales volume. • Ramesh instructs Gokul and Gopal to go after bulk/corporate sales and Gowry to boost retail customer base. • In a particular month Ramesh’s group does an overal volume of Rs15,00,000 • BSYNC pays out commission of 29% to Ramesh = Rs4,35,000 • Ramesh can now decide on what percentage he needs to pay Gokul, Gopal and Gowry. • Win-Win-Win Scenario – Ramesh gets the max incentive benefit by clocking huge sales volume month on month – Gokul, Gopal and Gowry are benefited as they start becoming earning members of their respective family – BSYNC spreads its quality message by reaching out to more customers. 3/18/2022 9 BSYNC Confidential
  • 10. Upto 4% additional incentive • If Ramesh meets a consistent volume of either slab BSY1l or BSY5L or BSY10L gets an additional benefit upto 4% – BSY1L – 2% – BSY5L – 3% – BSY10L – 4% • Pay-out plan to reward the top performers and consistent volume creators. • Payout is applicable on every 12months evaluating the performance of Agents like Ramesh 3/18/2022 10 BSYNC Confidential
  • 11. Thankyou • Still confused ? – Email to balu@bsyncfashion.com – Call +91-9249425272 3/18/2022 BSYNC Confidential 11