The
IncrediMetals programme offers participants (typically primary and
secondary schools, sports and social clubs, etc) the opportunity to earn
substantial revenue by introducing dial-up subscribers to IncrediNet.
Based on a single-level sponsorship system, the participants receive a
rebate on the revenue generated by their direct recruits. The participants
are rated on a monthly basis based on the size of their recruit base. The
rating they are awarded determines the level of rebate for which they
qualify in any particular month. The following table presents the various
qualification levels for the IncrediMetals programme.
Marketing Plan
Status
Qualification
% criteria
Rate
of rebate
Greater
than
But
less than or equal to
Ordinary
0
20
10%
Bronze
20
40
12%
Silver
40
60
14%
Gold
60
80
16%
Platinum
80
100
20%
The
qualification criteria relates to the size of the recruit base of the
participant. For example, if a school with 500 students recruits 105
members to IncrediNet from its student body, it is classified as a Bronze
participant (since it has recruited 21% of the said student body), and
therefore receives a rebate of 12% of the subscription fees of the direct
recruits. In the case of a school, the recruit base is comprised of the
student body. The size of the recruit base is established on the date of
joining and at the end of each month thereafter.
