MiVeda
MiVeda Business Profile
MiVeda
Dr. Dale Gerke, Director, Founder
Mr. Greg Chappell, Director
Ms. Courtney Gerke, Director and Co-Founder
Tristan Gerke, Director and Co-Founder
Products: Personal care, skin care and nutritionals.
Notes:
Company Goals
MiVeda's goal is to provide safe products to the Indian community while offering distributors the opportunity for more financial independence and a better lifestyle.
Enrollment Options
Registration is free, but in order for registration to be confirmed, new distributors must purchase 4000 INR of products in their first order.
Compensation Plan
MiVeda's compensation plan has a number of criteria in place to reach their goal of offering their distributors the opportunity for more financial independence and a better lifestyle. The criteria includes a plan that is designed to be easy to understand despite language barriers, with a high reward for distributors, and to help the Indian community through support and charitable donations. The plan has two main objectives: to provide fast income, and provide long term income. MiVeda refers to their plan as an “hourglass' compensation plan.
MiVeda's points value ratio is 1:1. Maximum retail price is set at approximately 25% above the distributor's cost of products.The company does not offer personal bonuses but it does offer pooled bonuses for distributors who meet certain criteria. One requirement for bonuses is to personally purchase 4000 INR of products during the month to receive a bonus for that month. Training and marketing programs are free to distributors, as is renewal so long as a distributor has placed an order in the last three months.
Web Address: www.miveda.com
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