TOPTIME BUSINESS PLAN
ASSOCIATE
- Free registration by filling up the Application form and submit it at Toptme’s Office along with one passport Size Photo, ID Proof & Address Proof Bank Details or upload them in your Toptme’s web page.
- You will be enrolled as an Associate of the company. Now you can purchase products and enjoy retail margin up to 52% of landed DP Rate.
- However your ID will be activated with a minimum purchase of 500 PV and you will become Independent Business Developer (IBD).
- To keep the ID activated minimum purchase of 500 PV is required once in 3 closing months of time from the date of your last purchase.
- If you do not make any purchases in 6 consecutive closing months, then your ID will be deactivated and for further details refer IBD rules of conduct.
INDEPENDENT BUSINESS DEVELOPER (IBD):
If you wish to do business and earn performance incentive income, bonuses, funds etc. as given below then you will have to become IBD, by making a purchase of 500 PV in a month.
The Benefits of Becoming IBD of Toptime:
- Business with no investment
- Free Webpage
- Retail Profit up to 52% of Landed DP Rate.
- Accumulative Performance Income up to 19%.
- Funds up to 6%.
- Leadership Bonus up to 12%.
- Annual Royalty up to 2%.
- Earn 2 Domestic Tours of 4 days 3 nights.
- Earn 1 International Tour of 5 days 4 nights.
TERMINOLOGY USED IN THE BUSINESS PLAN
PV - All products are assigned a number called PV which is mentioned in Toptime price list and may vary from time to time, excludding GST. This is the figure on which all commissions are paid every month. The level & profits are based and calculated on total PV generated by the IBD including his down line IBD’s.
PPV – PPV is PV earned by you in the current month.
GPV – GPV is sum of total PPV earned by yourselves and PPV earned by your entire down line in the current month.
TGPV – TGPV is sum of all GPV earned as on date since your joining means your cumulative GPV.
PGPV – PGPV is GPV earned by yourselves in the current month after deducting entire GPV earned by Team Leaders and above under your direct down lines.
TPV – TPV is sum of PV earned by all Toppers under your direct down lines in the current month, on which no incentives will be given, but the TPV (from 0% to 11% legs only) same will be considered for Rank Upgradation and calculation of total business.
TOPTIME BUSINESS PLAN
If you do not make any purchases in 3 consecutive closing months, then your ID will be in warning and if you do not make any purchases in 6 consecutive closing months your id will be deactivated and for further details refer IBD rules of conduct.
PERFORMANCE INCOME UP TO 19%
- When your TGPV including TPV reaches at 500 then you will reach at 2% level.
- When your TGPV including TPV reaches at 5,000 then you will reach at 4% level.
- When your TGPV including TPV reaches at 25,000 then you will reach at 6% level.
- When your TGPV including TPV reaches at 75,000 then you will reach at 8% level.
- When your TGPV including TPV reaches at 1,35,000 then you will reach at 10% level.
- You will get your monthly incentive on monthly GPV earned calculated as your profit level x your PPV plus difference of profit level x GPV earned by your direct down lines.
TEAM LEADER WITH PROFIT LEVEL OF 10%
Once you earn 1,35,000 TGPV including TPV, you will qualify as Team Leader (TL) with Profit Level of 10%
For becoming eligible for Performance Incentive all IBDs Team Leader and below Team Leader will have to earn 500 PV in a month and all Manager and above will have to earn 1,000 PV in a month.
LEADERSHIP BONUS 12% UP TO 15 depths.
When a TL under your direct down line qualify for becoming as TL and in the same month you also earn PGPV of 21,000, you become a Manager with Profit Level of 12% you will qualify for Leadership Bonus calculated as under –
2% of PGPV of your all direct legs qualified as TL and above and will be called as L1.
2% of PGPV of 2nd depth of above downline and will be called as L2
2% of PGPV of 3rd depth of above downline and will be called as L3
1% of PGPV of 4th depth of above downline and will be called as L4
1% of PGPV of 5th depth of above downline and will be called as L5
0.4% of PGPV of 6th depth of above downline and will be called as L6
0.4% of PGPV of 7th depth of above downline and will be called as L7
0.4% of PGPV of 8th depth of above downline and will be called as L8
0.4% of PGPV of 9th depth of above downline and will be called as L9
0.4% of PGPV of 10th depth of above downline and will be called as L10
0.4% of PGPV of 11th depth of above downline and will be called as L11
0.4% of PGPV of 12th depth of above downline and will be called as L12
0.4% of PGPV of 13th depth of above downline and will be called as L13
0.4% of PGPV of 14th depth of above downline and will be called as L14
0.4% of PGPV of 15th depth of above downline and will be called as L15
You will be eligible for Leadership Bonus only when your PPV is 1,000 or more and your PGPV is 21,000 or more, however, in stead of earning 21000 PGPV, if District Manager earn 5000 PPV, Regional Manager earn 7000 PPV, General Manager earn 9000 PPV and Country Manager earn 11000 PPV then they will also be eligible for Leadership Bonus.
VARIOUS FUNDS UP TO 6%
When a TL under your direct down line qualify for becoming as TL and in the same month you also earn PGPV of 21,000, you become a Manager with Profit Level of 12%, you will qualify for various FUNDS calculated as under –
Ranks, Profit Level, Funds & LB Distribution
| TL under You | Incentive | Designation | Fund Name | Funds on Company GPV | Leadership Bonus on PGPV of all TL & above up to 15 Depths |
|---|---|---|---|---|---|
| 1 TL | 12.00% | Manager | Tour Fund | 1.00% | + LB |
| 2 TL | 14.00% | Area Manager | 2 Wheeler Fund | 1.00% | + LB |
| 4 TL | 16.00% | District Manager | 4 Wheeler Fund | 1.00% | + LB |
| 6 TL | 18.00% | Regional Manager | House Fund | 1.00% | + LB |
| 8 TL | 18.50% | General Manager | GM Fund | 1.00% | + LB |
| 10 TL | 19.00% | Country Manager | CM Fund | 1.00% | + LB |
For rank upgrade upto Regional Manager 21,000 or more GPV is required in all qualified leg and for General Manager and Country Manager 50,000 GPV + TPV is required in all qualified legs for 3 consecutive months.
These Funds will be distributed amongst all qualified Levels, pro rata to their monthly GPV
All Managers and above shall be entitled for payment of various Funds provided their current PPV is 1,000 and PGPV is 21,000 or more. However, in stead of earning 21000 PGPV, if District Manager earn 5000 PPV, Regional Manager earn 7000 PPV, General Manager earn 9000 PPV and Country Manager earn 11000 PPV then they will also be eligible for Various Funds. However, the entire leg’s who have qualified as TL and above current GPV shall be 21,000 or more. If any leg’s current GPV of 21,000 is not maintained then you will not get Funds allocated for that leg or legs.
| Numbers of Country Managers qualifies Under you | Incentive | Designation |
|---|---|---|
| 1st CM in your down line in any leg | 19.00% | SILVER Country Manager |
| 2nd CM in your down line in other leg | 19.00% | GOLD Country Manager |
| 3rd CM in your down line in other leg | 19.00% | PLATINUM Country Manager |
| 4th CM in your down line in other leg | 19.00% | DIAMOND Country Manager |
ANNUAL ROYALTY UPTO 2%
| Designation | Rank | Annual Royalty | Cummulative Annual Royalty |
|---|---|---|---|
| SILVER Country Manager | 19.00% | 0.50% | 0.50% |
| GOLD Country Manager | 19.00% | 0.50% | 1.00% |
| PLATINUM Country Manager | 19.00% | 0.50% | 1.50% |
| DIAMOND Country Manager | 19.00% | 0.50% | 2.00% |
- Who Are Eligible– All Siiver Country Managers and above will be eligible for Annual Royalty provided their downline’s CM earns current GPV + TPV of 18, 00,000.
- Amount of Annual Royalty– Total 2% of Toptme’s Current GPV will be distributed amongst all qualifed Silver Country Managers and above, proportionate to their current GPV and rank calcualted as - 0.5% to all SCM and above, additional 0.5% to all GCM and above, additional 0.5% to all PCM and above and additional 0.5% to DCM's.
- Payment of Annual Royalty– Every month’s Annual Royalty will be credited to their respectve accounts and will be paid annually at the tme of Anniversary Celebration every year in the month of June.
PAY OUT & RANK UPGRADE QUALIFICATIONS
For Performance Incentive
All IBDs Team Leader and below will have to earn 500 PPV in a month and all Manager and above will have to earn 1,000 PPV in a month.
For Leadership Bonus
All Managers and above shall be entitled for payment of Leadership Bonus provided their current PPV is 1000 or more and PGPV is 21,000 or more. However instead of earning 21000 PGPV, if District Manager earns 5000 PPV, Regional Manager earns 7000 PPV, General Manager earns 9000 PPV and Country Manager earns 11000 PPV then they will also be eligible for Leadership Bonus.
For Various Funds
All Managers and above shall be entitled for payment of various Funds provided their current PPV is 1,000 and PGPV is 21,000 or more. However instead of earning 21000 PGPV, if District Manager earns 5000 PPV, Regional Manager earns 7000 PPV, General Manager earns 9000 PPV and Country Manager earns 11000 PPV then they will also be eligible for Leadership Bonus. Further, the entire legs who have qualified as TL and above current GPV shall be 21,000 or more. If any leg’s current GPV of 21,000 is not maintained then you will not get Funds allocated for that leg or legs.
For Rank Upgrades
All Team Leaders and above will be eligible for Rank Up gradations only when your PPV is 1000 or more and PGPV is 21,000 or more and each qualified leg must have GPV of 21,000 or more.
CLOSING & PAY OUT
Monthly Closing
It will be normal practice that there will be monthly closing on every last day of a month. On 2nd day of the month all Associates can view their monthly Pay Out for the previous month. By 7th day of a month all IBDs will receive their monthly Pay Out for previous month, provided their KYC is complete and correct Bank details are uploaded in their profile. All payments will be made by RTGS in their Bank Account.
Deduction of TDS
5% TDS will be deducted from the total Pay Out received, whose valid PAN is registered, otherwise 20% TDS will be deducted for 3 months, and thereafter Pay Out will be on hold till a valid PAN is registered
Deduction of Processing Charges
1% Processing Charges will be deducted from all pay outs.
FAST TRACK ACHEIVEMENT PLAN
| Maintain minimum GPV + TPV for consecutive 3 months | Maintain minimum PPV for consecutive 3 months | Minimum GPV + TPV from any 4 legs | Maximum GPV + TPV consideration from all legs | Rank Upgrade to |
|---|---|---|---|---|
| 5,47,000 | 7,000 | 1,35,000 | 1,35,000 | Regional Manager |
| 12,09,000 | 9,000 | 1,35,000 | 6,00,000 | General Manager |
| 18,11,000 | 11,000 | 1,35,000 | 9,00,000 | Country Manager |
MANAGER with Profit Level of 12%
Qualification – If your 1 Leg qualifies as Team Leader with minimum GPV of 21,000 and in the same month you earn 1,000 PPV and 21,000 PGPV, you will be upgraded to Manager with Profit Level of 12%.
Benefits – You will be eligible for Leaders Bonus plus 1% Tour Fund
AREA MANAGER with Profit Level of 14%
Qualification – If you’re 2 Legs qualify as Team Leaders & you maintain 21,000 GPV in all qualified leg and in the same month you earn 1,000 PPV and 21,000 PGPV then you will be upgraded to Area Manager with Profit Level of 14%.
BENEFITS – You will be eligible for Leaders Bonus plus 1% Tour Fund + 1% 2 Wheeler Fund
DISTRICT MANAGER with Profit Level of 16%
Qualification – If your 4 Legs qualify as Team Leaders & you maintain 21,000 GPV in all qualified leg then you will be upgraded to District Manager with Profit Level of 16%.
Benefits – You will be eligible for Leaders Bonus plus 1% Tour Fund + 1% 2 Wheeler Fund + 1% 4 Wheeler Fund
REGIONAL MANAGER with Profit Level of 18%
QUALIFICATION – If your 6 Legs qualify as Team Leaders and you earn 1,000 PPV and 21,000 PGPV and 6 qualified legs have minimum 21,000 GPV then, you will be upgraded to Regional Manager with Profit Level of 18%.
Benefits – You will be eligible for Leaders Bonus plus 1% Tour Fund + 1% 2 Wheeler Fund + 1% 4 Wheeler Fund + 1% House Fund.
Fast Track Regional Manager with Profit Level of 18%
Qualification –If you’re Maintain 5,47,000 GPV + TPV for consecutive 3 months and you earn 7,000 PPV, you will upgrade to Regional Manager with Profit Level of 18%.
Conditions of Fast Track– Your any 4 legs GPV + TPV shall be minimum 1,35,000 each and from 1 leg maximum 1,35,000 GPV + TPV will be considered for Rank Upgrade.
GENERAL MANAGER with Profit Level of 18.50%
Qualification – If your 8 Legs qualify as Team Leaders and you maintain all 8 qualified leg with minimum GPV + TPV of 50,000 in each leg for consecutive 3 months and you earn 1,000 PPV and 21,000 PGPV, you will be upgraded to General Manager with Profit Level of 18.50%.
Benefits – You will be eligible for Leaders Bonus plus 1% Tour Fund + 1% 2 Wheeler Fund + 1% 4 Wheeler Fund + 1% House Fund +1.00% GM Fund.
Fast Track General Manager with Profit Level of 18.50%
Qualification –If you’re Maintain 12,09,000 GPV + TPV for consecutive 3 months and you earn 9,000 PPV, you will upgrade to General Manager with Profit Level of 18.50%.
Conditions of Fast Track– You’re any 4 legs GPV + TPV shall be minimum 1,35,000 each and from 1 leg maximum 6,00,000 GPV will be considered for Rank Upgrade.
COUNTRY MANAGER with Profit Level of 19.00%
Qualification – If your 10 Legs qualify as Team Leaders and you maintain all 10 qualified leg with minimum GPV + TPV of 50,000 in each leg for consecutive 3 months and you earn 1,000 PPV and 21,000 PGPV, you will be upgraded to Country Manager with Profit Level of 19.00%.
Benefits – You will be eligible for Leaders Bonus plus 1% Tour Fund + 1% 2 Wheeler Fund + 1% 4 Wheeler Fund + 1% House Fund +1.00% GM Fund + 1.00% CM Fund.
Fast Track Country Manager with Profit Level of 19.00%
Qualification –If you’re Maintain 18,11,000 GPV + TPV for consecutive 3 months and you earn 11,000 PPV, you will upgrade to Country Manager with Profit Level of 19.00%.
Conditions of Fast Track– Your any 4 legs GPV + TPV shall be minimum 1,35,000 each and from 1 leg maximum 9,00,000 GPV + TPV will be considered for Rank Upgrade.