**** Trademark of Vision International People Group Public Limited
Vision International People Group
Public Limited
Copyright Jeffrey Babener www.mlmlegal.com
Editor's Note:
Welcome to MLMLegal.Com company Profiles at www.mlmlegal.com. Here you will find brief summaries of pertinent information about hundreds of MLM, Direct Selling, Direct Sales, Network Marketing and Party Plan Companies. As a general matter, the summary information is derived from company published information, generally posted at company websites, public information releases or posts at industry trade sites .*
Founding Story
Vision International People Group Public Limited was founded on July 14, 1996.
Vision International People Group Public Limited provides an extensive company outline. The last five years of the company’s history are illustrated as follows:
2006
January 16 – Inauguration Party in Moscow (Russia)
January 19-27 – Grand Voyage to Brazil
February 11-12 – Training session for Masters in Moscow (Russia)
February 12-15 Assembly of Cities in Moscow (Russia)
Opening of trading companies in Yerevan (Armenia), Dnepropetrovsk (Ukraine), Nizhniy Novgorod, Khabarovsk, Irkutsk, Volgograd (Russia)
April 15 – May 14 – Vision Marathon in Nizhniy Novgorod, Yekaterinburg, Kharkov, Irkutsk, Warsaw, Hanoi, Sofia, Krasnodar, Tashkent
August 5-6 – Millenium 2006, sales of Millenium Alliance cosmetics start
November 4-26 – Vision Marathon in St. Petersburg, Vilnius, Krasnoyarsk, Ho Chi Minh City, Odessa, Istanbul, Yerevan. Alma-Ata, Prague, Khabarovsk
2007
February 7-17 Grand Voyage to Cuba
February 19 – Training session for millionaires
April 14 – May 20 – Vision Marathons in Minsk, Novosibirsk ( www.mlmlegal.com ) Cologne, Tashkent, Da Nang, Bucharest, Kiev, Yekaterinburg, Moscow, Krasnodar
Opening of trading companies in Ufa, Vladivostok, Omsk (Russia), in Da Nang (Vietnam), Baku (Azerbaijan), Donetsk (Ukraine), Belgrade (Serbia)
December 10-16 - Grand Voyage to the Seychelles
2008
March 8-9 – Training session for Millionaires' Club in Budapest
March 22-23 - Training session for Millionaires' Club in Krasnoyarsk
March 23-24 - Training session for Millionaires' Club in Moscow
June 7-8 – Vision's 10th anniversary in Kiev
September 6 – President's Grand Reception – Star Party
September 7-14 – Grand Voyage to Tunisia
November 22 – opening of a trading company in Samara (Russia)
December 2-12 – Grand Voyage to South Africa
2009
January 31 – February 1 – European seminar in Warsaw
February 22-23 – Training session for millionaires in Moscow
July – sales of S2C commence
September 2-12 – Vision Voyage Cruise (with opening the representative office in Finland)
November 6 – opening of the representative office in Lisbon
December 12 – opening of the Vision Egypt trading company
February 22-23 – the first major business forum in the NetWork Revolution series held in Moscow
Impact on the Industry
NA
Discussion of Products
Vision International People Group Public Limited offers health and nutritional supplements, cosmetics, bracelets, and tea. The company’s Biologically Active Food Supplements offer optimal vitamin and mineral complex created out of the components in well-known medicinal plants. All of the ingredients that make up the Biologically Active ( www.mlmlegal.com ) Food Supplements are exclusively of natural phytogenic origin, making them active for all consumers. A wide variety of these supplements are offered by the company.
Discussion of Opportunity
To join the company, prospective distributors must be 18 years of age or older and hold an internal passport or another official ID. Training is offered through the participation in online product presentations. Distributors are offered a replicating website, personal account and free marketing materials.
Vision International People Group Public Limited offers the following marketing plan for distributors:
The Marketing Plan is a system of assigning commissions to active distributors for the company.
The company pays out 56% of its turnover as commissions.
The commissions to active distributors are assigned each month on the turnover of their structures.
In accordance with the Marketing Plan the company pays 5% commissions on the turnover volume of the first and second level distributors and 10% commissions on the turnover volume of the third, fourth and fifth level distributors.
In order to get the commissions on the 6th level of your distributor's network and lower (down to infinity) you need to be in the VIP or higher qualification*.
The company offers the following career plan:
Vision International People Group Limited offers the following star bonus program:
On the year work's results and with the program terms and conditions met the distributor gets the additional 13th check which means extra profits.
The program terms and conditions:
Being in the VIP 1S (and higher) qualification each month from January up to and including December 2010.
Attaining the overall turnover increase for the 6 levels in 2010 as compared with the overall turnover for the 6 levels in 2009 by:
- for VIP 1S - 25%
- for VIP 2S - 20%
- for VIP 3S - 15%
- for VIP 4S and higher - 10%
You yourself determine the 13th check amount on the work results*!
NOTE! IF BONUSES OVERLAP!
At calculating the Star Bonus, Partner Bonus, Discovery Bonus the larger bonus always absorbs the smaller one when their qualification periods coincide.
* determined as the arithmetic mean of the 2010 checks
Partner Bonus
5% of the company's turnover increase (in ?V) is paid to leaders in the VIP-MASTER qualification on the calendar year results.
Terms and conditions for getting «Partner Bonus»:
- Being for a calendar (qualification) year in the closed qualification of at least VIP-MASTER.
- Having the positive increase on the year results in the turnover at the six levels of your distributor's organization as compared with the previous year. Distributing «Partner Bonus»: The overall amount of the 5% increase is distributed among the leaders meeting the requirements mentioned, it is done in proportion to ( www.mlmlegal.com ) the turnover at the six levels of the leader's organization accrued during the year. For the leaders in the VIP-MASTER+ and higher qualifications (at determining their shares in «Partner Bonus») the turnover at the six levels accrued during the year is multiplied by the relevant factor (1.1—1.6)
Discovery Bonus
It is paid to the distributors involved in developing new markets. The terms and conditions for getting «Discovery Bonus» for each country are determined on the individual basis. The program start is announced in advance of opening up a new country.
Main principles are as follows:
- According to qualification requirements a «Discovery Team» is formed for opening up the country.
- The distributors included in the team get the bonus in proportion of the turnover of distributors in that country at the first six levels. The total bonus amount is the percentage share of the turnover in that country.
Jump Bonus
It is paid to new leaders successfully starting their businesses and showing significant growth rates. The allocation of the bonus is based on the qualifications as per the Vision Career plan.
As of January 2008 the Jump Bonus amounts for the distributors in the VIP 1S and VIP 2S qualifications have been increased!
New terms and conditions for getting Jump Bonus:
- 250 c.u. for gaining the VIP 1S qualification closed within first two months of the work for the company.
- 1,000 c.u. for gaining the VIP 2S qualification closed within first four months of the work for the company.
- 2,000 c.u. for gaining the VIP 3S qualification closed within first six months of the work for the company.
- 3,000 c.u. for gaining the VIP 4S qualification closed within first eight months of the work for the company.
- 6,000 c.u. for gaining the VIP 5S qualification closed within first ten months of the work for the company.
- 10,000 c.u. for gaining the VIP-MASTER qualification closed within the first year of the work for the company.
The first three bonuses are not added up. The larger bonus absorbs the smaller one.
Super-Star Bonus
It is paid to the distributor at closing the VIP SUPER STAR qualification for the first time in the amount of $1,000,000.
Discussion of Distributor Base and Sales Volume in U.S.
Vision International People Group Public Limited supports thousands of distributors in dozens of countries. The company also has over 30 ( www.mlmlegal.com ) official representative offices and modern trading companies in Russia, Europe and Asia.
Company Website: http://english.vipgroup.net/
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Jeffrey A. Babener, principal attorney in the Portland, Oregon, law firm Babener & Associates, represents many of the leading direct selling companies in the United States and abroad.
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