bioQuad Clinical Representative Introduction - bioQuad Life Sciences
BIOQUAD CLINICAL REPRESENTATIVE
bioQuad Life Sciences is an innovative biotechnology company that conducts cutting-edge research to develop one-of-a-kind health products and services - they are evidence-based, clinically-tested and patent-protected. We also produce extensive educational material (films, books, blogs, etc.) to empower people with knowledge about the human body. The goal is to share our health discoveries with people around the world. To effectively spread our message we are inviting capable individuals like you to be part of the bioQuad health movement!
Why should I join?
The bioQuad Representative Program provides individuals the opportunity to help others improve their health with informative media and the exclusive bioQuad product line. In the process of educating others about bioQuad, individuals can earn a significant income. bioQuad has created a solid business platform and effective sales tools for a Representative to utilize and earn any amount they desire - that is why our tagline is 'Be Limitless.'
How does it work?
Business Model
Our exclusive business is a classic wholesale retail model that is powerful in simplicity and high earning potential.
We engage with 3 types of individuals:
Consumer
Consumers use the product.
Reseller
Resellers buy/sell the product to Consumers.
Representative
Representatives buy/sell the product to Consumers plus refer the product to Resellers.
We reward Representatives in 2 ways :
I. Percent Margin
Percent Margin is the difference between product wholesale price and retail price. The margin can be 20-50%, depending on the product pack size. Both Resellers and Representatives can earn Percent Margin.
II. Percent Commission
Percent Commission is the compensation earned for referrals. The commission earned is 20% of the purchase price. Only Representatives can earn Percent Commission (in addition to Percent Margin).
Compensation Plan
The bioQuad Compensation Plan is based on potential earnings from fixed Percent Margin and/or Percent Commission. The main variable is the product price. To illustrate the bioQuad Compensation Plan, we can use Lactoferrin Gold 1.8® 2X (60 capsules/box) as an example product. One unit of Lactoferrin Gold 1.8® 2X has a Retail Price of $59.95. With this information, we can calculate potential earnings for Representatives (Note - for ease and illustration purposes, we made calculations based a rounded MSRP of $60).
Representative
Buy
Sell
Consumer
Earn Margin + Commission on Wholesale Price
Do NOT Buy
Sell
Consumer
Earn Commission on Retail Price
Do NOT Buy
Sell
Reseller
Earn Commission on Wholesale Price
Representative Requirements
Representatives enjoy valuable benefits, including exclusive access to wholesale pricing and earning rewards. To stay a Representative, there is a minimum sales requirement; if not met, you may lose your status and benefits (i.e. will convert back to a Consumer). To stay a Representative, you must achieve 1 of the following sales targets every 3 months:
Refer at least 3 new Consumers to bioQuad
Refer at least 1 new Reseller to bioQuad
Purchase another 30 Pack (any combination)
How do I earn?
Compensation Tracking
Representative referrals are tracked via 4 conversion triggers:
Code
Link
Self-Order
Track and Earn Commissions
Receive Payment (via PayPal)
As a Representative, you are assigned an unique code and link as a conversion trigger. When a Consumer or Reseller uses your code (at checkout) or link to make a purchase, they receive free shipping, you earn commission. You can also add a Consumers' and Resellers' email address as a conversion trigger; when they login with that email address to make a purchase, you earn commission. Lastly, you can order on behalf of a Consumer or Reseller; when you login to your account to make a purchase, you earn commission.
Compensation Scenarios
The bioQuad Representative Program provides a rare opportunity for a person to work and earn as much as they desire - it is truly limitless! The below tabs illustrate how a Representative can potentially earn different incomes by changing just 3 factors - # Resellers, #Units/Reseller or #Units/Consumers. As Representatives establish new Resellers and build existing Resellers, they will earn a proportionate amount in sales commission. And as new products are added to the bioQuad Product Portfolio, the Representative's ability to earn can increase exponentially.
-
$5K*
-
$10K*
-
$15K*
-
$30K*
-
$45K*
-
$55K*
-
$85K*
-
$100K*
# Resellers
# Units/Reseller
Units/Mo Resellers
Units/Mo Consumers
TOTAL Units/Mo
TOTAL Units/Yr
Earnings ($)/Mo
Earnings ($)/Yr
1
30
30
10
40
480
$516.00
$6,192.00
# Resellers
# Units/Reseller
Units/Mo Resellers
Units/Mo Consumers
TOTAL Units/Mo
TOTAL Units/Yr
Earnings ($)/Mo
Earnings ($)/Yr
3
30
90
10
100
1,200
$1,020.00
$12,240.00
# Resellers
# Units/Reseller
Units/Mo Resellers
Units/Mo Consumers
TOTAL Units/Mo
TOTAL Units/Yr
Earnings ($)/Mo
Earnings ($)/Yr
5
30
150
10
160
1920
$1,524.00
$18,288.00
# Resellers
# Units/Reseller
Units/Mo Resellers
Units/Mo Consumers
TOTAL Units/Mo
TOTAL Units/Yr
Earnings ($)/Mo
Earnings ($)/Yr
5
60
300
10
310
3,720
$2,424.00
$29,088.00
# Resellers
# Units/Reseller
Units/Mo Resellers
Units/Mo Consumers
TOTAL Units/Mo
TOTAL Units/Yr
Earnings ($)/Mo
Earnings ($)/Yr
8
60
480
10
490
5,880
$3,720.00
$44,640.00
# Resellers
# Units/Reseller
Units/Mo Resellers
Units/Mo Consumers
TOTAL Units/Mo
TOTAL Units/Mo
Earnings ($)/Mo
Earnings ($)/Yr
10
60
600
10
610
7,320
$4,584.00
$55,008.00
# Resellers
# Units/Reseller
Units/Mo Resellers
Units/Mo Consumers
TOTAL Units/Mo
TOTAL Units/Yr
Earnings ($)/Mo
Earnings ($)/Yr
10
120
1,200
10
1,210
14,520
$7,464.00
$89,568.00
# Resellers
# Units/Reseller
Units/Mo Resellers
Units/Mo Consumers
TOTAL Units/Mo
TOTAL Units/Yr
Earnings ($)/Mo
Earnings ($)/Yr
12
120
1,440
10
1,450
17,400
$8,904.00
$106,848.00
* The Compensation Scenarios shown are approximate annual earnings and should be used as examples only. They are based on several assumptions - 1) Product Retail Price is $59.95/unit, 2) Product Wholesale Price is $42.00/unit for 30 Pack, $36.00/unit for 60 Pack, or $30.00/unit for 120 Pack 3) Representative sells 10 units per month direct to Consumer at $59.95/unit and 4) Representative earns 20% Commission.
Referral Rewards
Do you know someone who would be a great bioQuad Representative? Refer them and earn a Referral Reward!
How does it work?
Refer a new person (family, friend, colleague, etc.) or your existing Customer. If that Referral becomes a bioQuad Representative, then you earn a one-time 20% commission on the Starter Pack purchased as a Referral Reward.
How much do you earn?
Depends, you earn a one-time 20% commission on the Starter Pack purchased. For example, if the Referral buys a: Lactoferrin Gold 1.8 Starter Pack = you earn $252; OsteoDenx Starter Pack = you earn $294; Combination Starter Pack = you earn $273. Your Referral Reward is added to your monthly commission earnings and paid along with your monthly commissions.
Is there a limit to Referral Rewards?
No, refer as many Referrals as you can vouch for and rack up your Referral Rewards!
Can I earn recurring commissions on Referrals?
No, you earn a one-time Referral Reward. Once your Referral becomes a Representative, you can no longer earn recurring commissions on their future sales (i.e. they will be no longer linked to your Representative account).
How do I get started?
The path to becoming a bioQuad Representative can be achieved in 3 easy steps:
REGISTER - Create your sales account on the bioQuad Compensation Portal. To receive payments, you will also need to create a PayPal account (click here to signup for PayPal).
ONBOARD - Purchase a Starter Pack - which includes onboarding, 30 dual boxes of product, Bio-Replenishment for Bone Health book and 30 product information brochures.
PROMOTE - Distribute bioQuad products to Consumers / Resellers and earn compensation on sales. Your earnings will be deposited every month via PayPal.
bioQuad Compensation Portal
Complete the bioQuad Compensation form below to create your Representative payments account. Once submitted, you may log in to this portal to set up your payment information, track earnings on sales/commissions, and more.
Starter Packs
Includes: (5) Single Boxes (30 capsules/box) of Lactoferrin Gold 1.8 & OsteoDenx® each, PLUS a one-time Welcome Gift on your first purchase only.
Includes: (10) Single Boxes (30 capsules/box) of Lactoferrin Gold 1.8 & OsteoDenx® each, PLUS a one-time Welcome Gift on your first purchase only.
Includes: (5) Single Boxes (30 capsules/box) each of Lactoferrin Gold 1.8® and OsteoDenx®
Includes: (10) Single Boxes (30 capsules/box) each of Lactoferrin Gold 1.8® and OsteoDenx®
PLUS
* Welcome Gift is given on your first purchase only.
* 10 Starter Pack purchase includes: (1) "Bio-Replenishment: Bone Health" Book, (10) Lactoferrin Gold 1.8® and (10) OsteoDenx® Product Brochures, and Free Shipping & Handling (TOTAL SAVINGS: $50+ $81 = $131)
* 20 Starter Pack purchase includes: (1) "Bio-Replenishment for Bone Health" Book, (20) Lactoferrin Gold 1.8® and (20) OsteoDenx® Product Brochures, (1) Lactoferrin Gold 1.8® Dual Box (60 capsules/box) and (1) OsteoDenx® Dual Box (60 capsules/box), and Free Shipping & Handling (TOTAL SAVINGS: $151+ $217 = $368)
Frequently Asked Questions
Who are Representatives ?
An individual who wants promote bioQuad products to Consumers and Resellers. There is a minimum sales requirement to become and stay a Representative. Representatives are carefully selected to join and represent bioQuad brand in the US market.
Who are Resellers?
An individual or group who wants to promote bioQuad products to Consumers. There is no minimum sales requirement to become and stay a Reseller. Resellers commonly service existing clients.
Who are Consumers?
Any individual who wants to enjoy better health using bioQuad products.
How do I earn money?
Can I work part-time?
Yes, you can work part-time or full-time. The bioQuad Business Program is designed to be fully flexible.
Can I change the product retail price?
No, the product retail price is fixed and should not be advertised for more or less.
Can I sell on Amazon or eBay?
No, Representatives or Resellers are not allowed to sell on Amazon or eBay.
As new products enter the bioQuad product portfolio can I market those as well?
Yes, you can market all products offered in the bioQuad product portfolio.
How do I check my referrals and commissions?
To check your referrals and commissions, please access the bioQuad Compensation Portal.
When and how do I get paid?
The sales period is monthly and closes end of every month. Commission is calculated on previous month's sales and is paid before the 15th day of the current month. bioQuad deposits your earnings directly into your account via PayPal.
Do I have to buy and stock product?
No, bioQuad can ship direct to Consumers and Resellers on your behalf. However, we recommend having some product samples on hand to showcase to prospects.
Is there a limit to how many Reseller or Consumer accounts I setup?
No, you can setup as many Reseller and Consumer accounts as you want.