Wednesday, June 13, 2007

ITV Ventures FAQs 11-20 of 24

11. How do I place in my Power Matrix?
The Power Matrix computer program handles that for you. The computer reads from left to right and automatically places new IBOs in the next available spot.
Regardless of where an IBO falls within your Power Matrix, if you personally sponsored that IBO, you always remain the Sponsor and are paid according to the level payout on which they are placed. This is called Spill.
12. What exactly is Spill?
Actually, it’s called spill over, and this is the great news! Spill over is the term used to describe what happens when any line of your Power Matrix is filled up and you want to add (sponsor) a new IBO. The new IBO will automatically fall into in the next available space in one of your existing IBOs lines. This is the fastest way to build the levels of your Matrix and the sooner you are earning increased percentage payouts.
13. How is this volume created?
There are two types of volume:
Personal Volume (PV): this is the total of your personal purchases, customer purchases. The $100 per month PV requirement can be met with any combination of the above. If your customers and TLM volume exceeds $100 per month, you have met your $100 PV requirement.
Group Volume (GV): this is the total cumulative volume created by each IBO in your Power Matrix.
14. How does the Power Matrix work?
Each time you sponsor a new IBO, or each time they sponsor a new IBO, your Power Matrix grows. There are 7 levels of your Matrix that fill automatically as the customized computer program reads from left to right and places people in the next available spot as you sponsor new IBOs.
There are 4 spots on your first level; 16 on the second; 64 on the third, etc. The Power Matrix grows through geometric progression in multiples of four.
All you need to make your business grow is to continue Sponsoring new IBOs and teaching them to do the same!
15. Are there additional bonuses available to me?
Yes. There are many bonuses as you move up through the various ranks of the Payout Plan. (*see Payout Plan overview on itvventures.com and the full explanation in your Business Briefcase). However, there are TWO immediate bonus opportunities:
A $150 Fast Cash Bonus paid as a commission on the product that comes with the purchase of the Premier IBO pack.
A $20 Mentor Bonus when any of your Personally Sponsored IBOs personally sponsor a new IBO. It pays to be helpful!
Other bonuses are called Team Building Mentoring Bonus and Infinity Bonus and are explained further in the “Ranking” question
16. What are the qualifications to maintain my Power Matrix?
Being an “Active Commission Qualified” IBO simply means that you meet the $100 PV requirement and participate in the Monthly Action Plan (MAP) required training ($29.95 per month).
17. What happens if I don’t stay Active?
If you are inactive for three consecutive months, IBO status is downgraded to a Total Living Membership.
18. What do I earn at the various levels of the Payout Plan?
Any Representative failing to produce Personal Volume (“PV”) in the ITV Marketing and Compensation Plan for two (2) consecutive calendar months will be automatically terminated. Any representative that does not produce the required $100 (one hundred dollar) Personal Volume worth of products for one month will be required to purchase or sell $200 (two hundred dollars) worth of products the following month or will be automatically terminated. Also, any Representative that fails to participate in the MAP (Monthly Action Program), which is the ongoing education and training system for ITV Ventures, for two consecutive months will be automatically terminated.
19. How do I earn that?
IBOs will be paid on 2 levels immediately when initially sponsored into ITV Ventures™.
Sponsor 1 IBO – paid on 3rd level
Sponsor 2 IBOs – paid on 4th level
Sponsor 3 IBOs – paid on 5th level
Sponsor 4 IBOs – paid on 6th level
Sponsor 5 IBOs – paid on 7th level *IBOs must be Active and Commission Qualified to be eligible for depth payout.
Note: Number of personally sponsored IBOs may occur over a series of months, but the numbers who are commission qualified applies to month of rank achievement. Rank achievement is retroactive to 1st of month.
20. Does ITV Ventures™ have a car program?
Yes. The car allowance bonus begins at One Star Platinum status and increases through Three Star Platinum status. This is explained in detail within the next question.

Watch the business opportunity presentation here....click on http://www.itvventures.com/sarah_tapp and scroll to the bottom of the page to click on the television. http://www.itvventures.com/sarah_tapp

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