Amway founders diamond income is considered as royalty income. It is one of the reputed levels where the PIN owner makes income for their generations. At an average, the income varies from 1,50,000 to 5,00,000 in Rupees.
You will understand the system and the different compensation program and finally the revenue quoted here.
What Does Founders Diamond PIN level in Amway Means?
Founders Diamond PIN is senior to Diamond. A diamond will reach a Founders diamond pin as next immediate PIN when they maintain their consistency for the complete fiscal year. Having been said this, it is not mandatory to follow the exact hierarchy to grow in Amway business pin level. Anyone can reach any PIN level directly. All you need to know is to understand the rules of the game and play it right. This is the uniqueness of the program that makes the revenue sharing program profitable.
How to Become a founders Diamond in Amway?
As per Amway's compensation plan, the founders diamond must have a minimum of 6 Platinum in their team and reach the diamond qualification for 12 months. If the diamond qualification is missed for even a single month, then you can not be considered as Founders Diamond.
You can Explore about Diamond qualification in the link: Amway Diamond.
Break Down of Amway founders Diamond income
- Monthly Compensation: Few compensations are made on a monthly basis. The below-mentioned money is paid every month.
- 20% Discount on self Purchase
- 20% Retail Commission
- Differential Commission
- 4% Royalty Income from (6 Platinum Minimum)
- Annual Income
- GIP (Growth Incentive Program)
- International Travel
20% Discount on Self Purchase
Every Amway distributor will get a 12 to 20% flat discount when they purchase the product using their distributor id. Hence, if they have bought worth 100 PV product, the actual price will be worth 120 PV.
Hence, if they have made 10,000 Rs. this month, then they might have saved 2000 INR by purchasing products worth 12000 INR. The savings may vary based on the self-purchase.
Credit Note:
Credit Note:
The discount is not exactly 20%. It is actually 10% and the remaining 10% will be credited back to the account stating credit note.
It means that you will actually buy a product with 10% discount only. The remaining 10% will be credited to your account in the next month as a credit note.
20% Retail Commission
20% of the retail commission is not exactly 20%. It is actually 10% and the remaining 10% will be credited back to the account stating credit note.
It means that you will actually buy a product with 10% discount only. The remaining 10% will be credited to your account in the next month as a credit note.
Performance Bonus or Performance Incentive
The performance bonus is compensated based on the team turn over. Each person making a purchase for self-use or retail sales, the total purchase value is converted into a PV (Pont Value). The PV is added to the turn over of each upline.
