Tuesday, December 2, 2008

ei42 Newsletter Tuesday 02 December 2008

Legislation
Over the last few months we have been working with our lawyers and the Direct Selling Association to ensure that we are fully compliant with all of the current and recently introduced new laws here in the UK. I am pleased to be able to advise you that we have now completed all of the changes required by the introduction of the new legislation.
Direct Selling Association

Partly as a result of these changes we have now applied for Full Membership of the Direct Selling Association, this is not a simple procedure and as many of you will know the DSA is one of the most respected organisations in the area of sales. This respect is due in a very large part to the fact that you cannot simply “pay & join” the Direct Selling Association. There is a rigorous vetting procedure along with a strict code of ethics that must be adhered to by all members . We are currently at the application stage for Full Membership and hope to be accepted as Full Members very soon.
Latest Changes to Your Ei42
We now call ‘Personal Commissions’ ‘Personal Rebates’ which better reflects what you actually personally receive from your own purchases. Team commissions remain unchanged.
You’ll find a new link to the latest terms and conditions within your own admin area. This was always on every other page of Ei42 but from your admin area it is now personalised to you. From here you can print, sign and keep a copy for your records. If you are a new member within the last 7 days you will have received a copy attached as a pdf to your welcome email as well.
Joining Form
The new joining form now has options for Personal, Company/Club/Organisation and Registered Charity along with the option to simply get an Ei42 shop and never refer any friends although we are not sure why anyone would do that, it is now an available option. It’s all very straightforward and you can simply click “Join Now” on www.ei42.com to see the changes for yourself.
Ei42.com website
The main website now has a clearer explanation under ‘SHOP’ to show how simple it is to use Ei42, and the income estimator has been removed and replaced with a Team Building estimator to demonstrate the power of recommending Ei42 to friends as we felt that estimating income might make people think Ei42 was a get rich quick scheme which it certainly is not.
FAQ’s

We originally had some issues with the order in which FAQ’s were listed. The problem was that the ones that were most important to New Members were not at the top of the list. This has now been rectified and I would urge everyone to spend a few minutes reading through the FAQ’s as they can be very helpful.
Marketing Material
All of the old marketing material has been removed from the download area. In part this was due to some of it not meeting the new legislation. Rest assured new and better material will be available very soon.
Commission Structure Change
Since Ei42 launched on February 1st 2008, many of our members have asked us about why we set the commission structure as we did through the levels 1 to 7. The truthful answer was that we believed at the launch that we had created the best solution for the long term. Hindsight is though a wonderful thing and of course when we started with just 18 members it’s very difficult to do anything other than ‘guess’ what will be best for the majority. The guessing is over though because now we have tens of thousands of members and a huge amount of data along with a lot of feedback from you our members. We have therefore taking the decision to change the Commission Plan as of 1st January 2009 and we hereby give you the required notice of this change.
So what will the affect be?
Over 98% of the current members will be earning more money from Ei42 after January 1st 2009. Naturally there will be a few losers in the short term but the long term benefits are clear to see and I am confident that those affected in the short term will be able to see those long term benefits. These changes also serve to simplify the plan and make it more easily understood by all.
The new structure from January 1st 2009 will be
Power 1 – 12.5%
Power 2 – 12.5%
Power 3 – 12.5%
Power 4 – 12.5%
Power 5 – 12.5%
Power 6 – 12.5%
Power 7 – 25.0%
Help with understanding the information above.
Power 1 – when a person on your power 1 earns themselves £1.00 you will also earn 12.5p direct from Ei42
Power 2 – when a person on your power 2 earns themselves £1.00 you will also earn 12.5p direct from Ei42
Power 3 – when a person on your power 3 earns themselves £1.00 you will also earn 12.5p direct from Ei42
Power 4 – when a person on your power 4 earns themselves £1.00 you will also earn 12.5p direct from Ei42
Power 5 – when a person on your power 5 earns themselves £1.00 you will also earn 12.5p direct from Ei42
Power 6 – when a person on your power 6 earns themselves £1.00 you will also earn 12.5p direct from Ei42
Power 7 – when a person on your power 7 earns themselves £1.00 you will also earn 25.0p direct from Ei42
Clarification

ALL SALES, up to and including any processed up to Midnight on December 31st 2008 will be calculated using the CURRENT commission plan.
ALL SALES after Midnight on January 1st 2009 will be processed using the NEW commission plan as seen above and a copy of which will be available for download in the Helpdesk Download area from tomorrow. 
That’s all for this week.

I wish you continued success with Ei42
Best Regards
Steve Dawson
Managing Director

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