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WorldVentures FAQs
FAQs
150
Other
Professional
01/21/2016

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Cards

Term
What is the best way to explain what lineage is?
Definition
Who sponsored whom
Term
T/F Does lineage represent reps and customers?
Definition
Yes
Term
Does spill over count for lineage
Definition
No
Term
How do we get paid by Reps, customers or both?
Definition
Customers only
Term
Who can only be placed in your binary?
Definition
Reps
Term
Dream Trips Marketplace sales count for only this...
Definition
The wings and wheels bonus
Term
What is the name of the system that Reps purchase to be a Rep?
Definition
RBS - Rep Business System
Term
What do you get with the RBS for Reps? (4 things))
Definition
Own website, back office, online training and marketing tools.
Term
Are rep fees commissionable?
Definition
No
Term
How can a Rep become inactive?
Definition
Stop their monthly rep fee
Term
What happens if a rep stops paying their rep fee for more than 12 consecutive weekly pay periods?
Definition
May be terminated but can keep the product.
Term
What happens if a rep stops paying their rep fee for more than 4 consecutive weekly pay periods?
Definition
The sales volume they acquire will expire.
Term
When can a rep be eligible for a billing grace period?
Definition
Qualified Rep or higher
Term
Does the billing grace period count for the RBS, the product, or both?
Definition
Both
Term
How long is the billing grace period?
Definition
1 Month
Term
T/F the billing grace period can be used only once a year
Definition
F - the billing grace period can be used multiple times throughout the yr
Term
Cycle bonuses are paid off of monthly payments or the initial product sale?
Definition
The initial product sale
Term
Cycle bonuses can be achieved through your...
Definition
Binary
Term
Will rep only reps's sales count towards your cycle bonus?
Definition
No, they aren't part of your binary
Term
How many credits do you need on each leg do you need for a cycle bonus?
Definition
3 on your left and 3 on your right
Term
How much is a normal cycle bonus?
Definition
$100
Term
At what 2 times can a rep earn double cycle bonuses?
Definition
Within their first 8 weeks from the time of enrollment.
Or
If a rep earns 3 or more cycle bonuses in one week, the first 3 cycle bonuses in the same week will be doubled.
Term
What is the maximum amount of double cycle bonuses that can be earned?
Definition
3
Term
What are the 2 ways you can earn travel dollars?
Definition
1. Cycle 3 or more times in one week.- 200 Travel Dollars
2. Every 6th cycle - 100 Travel Dollars
Term
When you cycle 3 or more times in one week what happens?
Definition
Your cycle bonus doubles up to 3 bonuses in one week.
Earn 200 points
Term
At what rank will you no longer be eligible for double cycle bonuses?
Definition
IMD
Term
Can a customer only (not a rep) be part of your binary?
Definition
No
Term
What happens with customer only credits for cycle bonuses?
Definition
They will be used as a credit to auto-balance the weaker side if missing a credit on cycling.
Term
Will credits be paid retroactively if a person goes inactive and comes back?
Definition
No
Term
What is the minimum rank you have to be in order to earn cycle bonuses?
Definition
Qualified Rep
Term
How often are you paid.
Definition
Every Friday with a one week delay
Term
What number of cycle pays travel dollars instead of money? and how many travel dollars?
Definition
6th cycle - 100 Travel Dollars
Term
The maximum payout by rank includes the combined value of what two things?
Definition
Money and Travel Dollars
Term
Qualified, Senior Rep, and Director, all have this maximum payout per week for weekly cycles...
Definition
$2,000
Term
Maximum payouts are by year, month, or week?
Definition
Week
Term
T/F You cannot carry over credits to the next week due to the maximum payout.
Definition
False
Term
When will binary sales volume expire?
Definition
after 26 full weeks since earning it, without a cycle
Term
How long do you have to re-qualify for a rank once losing it?
Definition
4 full weekly pay periods
Term
What is the minimum rank you have to be to start earning commissions?
Definition
Sr. Rep
Term
What organization adds to commissions?
Definition
Binary
Term
T/F You earn commissions off of each monthly payment in your binary or do you earn commissions on each cycle in your binary.
Definition
You earn commissions on each cycle in your binary.
Term
What are commissions for Sr. Reps?
Definition
$10 per cycle
Term
What are commissions for Director
Definition
$15 per cycle
Term
T/F You only gain commissions off of monthly payments paid
Definition
T
Term
Can you gain commissions off of the first initial and first month payment?
Definition
No, only off of monthly payments paid
Term
Does auto-balance work for commissions too?
Definition
Yes
Term
T/F Commissions only count for customers who are reps
Definition
True, except for auto-balancing
Term
Are dream trips platinum credits able to split their auto-balance
Definition
No, they are all assigned to the same leg.
Term
How many credits are DT Platinum worth?
Definition
3
Term
What date of the month are commissions paid?
Definition
15th for the previous month's pay period
Term
What is a Marketing Director's maximum payout per week for weekly cycles?
Definition
$5,000
Term
What is a Regional Marketing Director's maximum payout per week for weekly cycles?
Definition
$10,000
Term
What is a National Marketing Director's maximum payout per week for weekly cycles?
Definition
$20,000
Term
What is an IMD's maximum payout per week for weekly cycles?
Definition
$25,000
Term
What is a Sr. Rep's maximum payout per month for residual cycles?
Definition
$500
Term
What is a Director's maximum payout per month for residual cycles?
Definition
$2,000
Term
What is a Marketing Director's maximum payout per month for residual cycles?
Definition
$5,000
Term
What is a Regional Marketing Director's maximum payout per month for residual cycles?
Definition
$10,000
Term
What is a National Marketing Director's maximum payout per month for residual cycles?
Definition
$20,000
Term
What is an IMD's maximum payout per month for residual cycles?
Definition
$50,000
Term
What is the personal sales bonus?
Definition
When you sponsor 3 new customers of the DT family in a rolling 28 days, you get $100.
Term
Do sales carry over to the next week with the personal sales bonus?
Definition
Yes, but only up to 28 rolling days.
Term
What is the limit of the bonuses you can earn for the personal sales bonus?
Definition
None
Term
T/F You have to be a Sr. Rep to start earning the personal sales bonus?
Definition
False, you can be at any rank.
Term
Do upgrades count towards the personal sales bonus?
Definition
No
Term
Can your team members help you get the personal sales bonus?
Definition
No, they have to be personally sponsored by you.
Term
When can you earn training dollars?
Definition
1. When you personally sponsor 3 new customers in a rolling 28 day period. - 50 Training Dollars.
Term
What is the maximum amount of training dollars you can earn for personally sponsoring 6 customers in a rolling 28 day period?
Definition
100 training dollars
Term
What is the minimum rank you have to be at to start earning training dollars?
Definition
None, any rank
Term
When do training dollars expire?
Definition
90 days from accrual
Term
What is the director bonus?
Definition
When a new rep reaches director in their first 12 weeks they will earn $5,000
Term
If there are 50% or more credits for the DTU a person will earn a director bonus of...
Definition
$2500
Term
What is the dream car bonus?
Definition
When you reach RMD or NMD you now get $1,000 bonus for your dream car.
Term
What does the car bonus go up to when you reach IMD?
Definition
$1,500
Term
What day of the month is the dream car bonus and the dream home bonus paid out on?
Definition
The 15th
Term
What is the dream home bonus?
Definition
When you reach IMD you receive up to $3,000 a month for your dream home.
Term
What does it mean to be an enrolled rep?
Definition
Entry-level position, rep who has enrolled but is not active.
Term
What does it take to be an active rep?
Definition
Active but hasn't had their 4 yet
Term
What is an active rep eligible to earn?
Definition
Direct commissions and personal sales bonus
Term
What does it take to be a qualified rep?
Definition
You have your 4 sales credits, fees are waived, but haven't advanced to the next level.
Term
What 6 things is a qualified rep eligible to earn?
Definition
1. Direct commissions
2. Personal Sales Bonus
3. Weekly Cycle Bonuses
4. Travel Dollars
5. Lifestyle Bonus
6. Fees waived
Term
What does it take to be a Sr. Rep?
Definition
30 customer credits on left and 30 customer credits on right
Term
What 7 things is a Sr. Rep up to Marketing Director, eligible to earn?
Definition
1. Direct commissions
2. Personal Sales Bonus
3. Weekly Cycle Bonuses
4. Travel Dollars
5. Lifestyle Bonus
6. Fees waived
7. Monthly Residual
Term
What does it take to be a Director?
Definition
90 customer credits on left and right each, no more than 90 from one line
Term
Can cycle bonuses use spill over?
Definition
Yes
Term
T/F Monthly residuals can use spillover
Definition
True
Term
Can you use spill over for getting qualified (4)
Definition
No
Term
What does it take to be a Marketing Director?
Definition
Have 400 active customer credits with no more than 200 coming from one line of lineage, and earn $6,750 in the previous 3 months.
Term
What does it take to be a Regional Marketing Director?
Definition
900 active customer credits, no more than 300 from a lineage line, and $15,750 earning requirement for the previous 3 months.
Term
T/F Travel dollars are not included in the earning requirements for Marketing Director and above?
Definition
False, they are included
Term
What 8 things is a Regional Marketing Director and a National Marketing Director eligible to earn?
Definition
1. Direct commissions
2. Personal Sales Bonus
3. Weekly Cycle Bonuses
4. Travel Dollars
5. Lifestyle Bonus
6. Fees waived
7. Monthly Residual
8. Dream Car Bonus
Term
What does it take to be a National Marketing Director?
Definition
1,800 active customer credits, no more than 600 from a lineage line, and $31,500 earning requirement for the previous 3 months.
Term
The dream car bonus can count towards what when you are an NMD or IMD?
Definition
Earnings Requirement
Term
What does it take to be an International Marketing Director?
Definition
3,000 active customer credits, no more than 1,000 from a lineage line, and $56,250 earning requirement for the previous 3 months.
Term
What 9 things is an International Marketing Director eligible to earn?
Definition
1. Direct commissions
2. Personal Sales Bonus
3. Weekly Cycle Bonuses
4. Travel Dollars
5. Lifestyle Bonus
6. Fees waived
7. Monthly Residual
8. Dream Car Bonus
9. Dream House Bonus
Term
How much income does a rep need to generate in a calendar month from a single business center to get a bonus business center?
Definition
$2,500
Term
What is the monthly rank grace period?
Definition
It starts at Sr. Rep and gives you one month to get back to the volume or income levels of your current rank.
Term
How often do you get a monthly rank grace period?
Definition
2 times a year non-consecutively
Term
What is the 65% payout cap rule?
Definition
WV will pay out 65% of the sales volume to the reps, if the amount is higher than 65% then each rep's checks will be shaved to get to the 65% cap.
Term
What does the 65% payout cap rule apply to?
Definition
Weekly and Monthly commissions.
Term
T/F The 65% payout cap rule applies to each commission program separately?
Definition
True
Term
What happens if there is a surplus of funds with the 65% payout cap rule?
Definition
The funds are used to cover any shortfalls before commissions are shaved within each commission program.
Term
What can travel dollars be used for?
Definition
The full cost of the dream trip or on a regular travel through reimbursement.
Term
How much is the additional charge for using travel dollars?
Definition
5%
Term
Can travel dollars be used partially to pay for a dream trip?
Definition
No it has to pay for the dream trip in full.
Term
What is the minimum amount of rovia bucks do you have to have to convert to travel dollars?
Definition
$100
Term
How long do you have to use the travel dollars, when do they expire?
Definition
1 year from the date awarded
Term
Who can use travel dollars?
Definition
The rep, the rep's immediate family such as spouse or children.
Term
What are the requirements to earn the first level of the lifestyle bonus?
Definition
Personally sponsor 5 active customers and generates at least 2,999 in lineage sales volume in one calendar month.
Term
How much is the tier 1 lifestyle bonus?
Definition
$300
Term
What is the maximum amount in volume that can be contributed by one leg for the tier 1 lifestyle bonus?
Definition
1667
Term
What volume types can contribute to the volume requirement for the lifestyle bonus?
Definition
1. New Membership sales
2. Monthly membership fees
3. DT Marketplace sales
Term
What are the requirements to earn the 2nd level of the lifestyle bonus?
Definition
Personally sponsor 6 active customers and generates at least 4999 in lineage sales volume in one calendar month.
Term
How much is the tier 2 lifestyle bonus?
Definition
8% of the lineage sales volume, minimum of $400 up to $900
Term
What is the maximum amount in volume that can be contributed by one leg for the tier 2 lifestyle bonus?
Definition
2000
Term
Does spill over count for the lifestyle bonus?
Definition
No
Term
What day of the month is the lifestyle bonus paid on?
Definition
The 15th
Term
On average how much does an active rep make per year?
Definition
$130
Term
On average how much does an qualified rep make per year?
Definition
$727
Term
On average how much does an senior rep make per year?
Definition
$7,222
Term
On average how much does an Director make per year?
Definition
$22,098
Term
On average how much does an Marketing Director make per year?
Definition
$55,256
Term
On average how much does a Regional Marketing Director make per year?
Definition
$163,260
Term
On average how much does a National Marketing Director make per year?
Definition
$245,847
Term
On average how much does an International Marketing Director make per year?
Definition
$473,232
Term
What is the initial payment to start a DT Platinum Membership?
Definition
$299.00
Term
What is the direct commission on a DT Platinum sale?
Definition
$50
Term
What is the commission on selling 3 DT Standard Memberships in a rolling 28 day period? and subsequent sets?
Definition
$50 and $75
Term
What is the commission on selling 3 DT Gold Memberships in a rolling 28 day period? and subsequent sets?
Definition
$100 and $150
Term
What is the commission on selling 3 DT Platinum Memberships in a rolling 28 day period? and subsequent sets?
Definition
$100 and $150
Term
For the weekly team bonus (cycle bonus) how many credits is a DT Standard Membership worth?
Definition
1/5
Term
For the weekly team bonus (cycle bonus) how many credits is a DT Gold Membership worth?
Definition
1
Term
For the weekly team bonus (cycle bonus) how many credits is a DT Platinum Membership worth?
Definition
1
Term
For the weekly team bonus (cycle bonus) how many credits is a DT University Membership worth?
Definition
1/2
Term
For the monthly residual bonus how many credits is a DT Standard Membership worth?
Definition
1
Term
For the monthly residual bonus how many credits is a DT Gold Membership worth?
Definition
2
Term
For the monthly residual bonus how many credits is a DT Platinum Membership worth?
Definition
3
Term
For the monthly residual bonus how many credits is a DT University Membership worth?
Definition
1
Term
What is included in the Standard DT Membership? (4 things)
Definition
1. Dreamtrips
2. Voluntours
3. Dream Price Promise
4. Airport Transfers
Term
What is included in the Gold DT Membership that isn't in the Standard? (6 things)
Definition
1. Concierge
2. Dining and Entertainment Discounts
3. Online Shopping
4. Booking Engine
5. Rate Shrinker
6. Complimentary Flight Insurance
Term
What is included in the Platinum DT Membership that isn't in the others? (11 things)
Definition
1. Platinum Trips
2. Early Access to Trips
3. Upgraded Airport Transfers
4. Early Check in and Late Check out
5. 50% off room upgrades
6. Apply up to 20% more points
7. Platinum Member Perks
8. Emergency Evacuation
9. Roadside Assistance
10. Teledoc
11. ID Resolution
Term
How much is the monthly payment on a Standard DT Membership?
Definition
$24.99
Term
How much is the monthly payment on a Gold DT Membership?
Definition
$49.99
Term
How much is the monthly payment on a Platinum DT Membership?
Definition
$99.99
Term
What is the initial payment to start a Standard DT Membership?
Definition
$125
Term
What is the initial payment to start a Gold DT Membership?
Definition
$250
Term
How many DT points do you get at the end of the year with a standard DT membership?
Definition
$300
Term
How many DT points do you get at the end of the year with a Gold DT membership?
Definition
600
Term
How many DT points do you get at the end of the year with a Platinum DT membership?
Definition
1,200
Term
Does Spill over count for the wings and wheels bonus?
Definition
No
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