Customer Acquisition and Sponsoring Sub-Agents
As a new Independent Agent of Cognigen Networks, Inc. (Cognigen) your primary focus should be on building a large customer base. After that has been accomplished, your second goal should be to duplicate those efforts by introducing others to the Cognigen opportunity as your sub-agents.
Obtaining Accounts
Customer accounts are obtained primarily through the websites provided for you by Cognigen. How they get to your website is something over which you, as an agent, have a great deal of control. Cognigen has a number of tools that can be used to generate traffic to your website but, in order to be successful, you must also market your site and your services to generate traffic. This can be done through your family, your neighborhood, and your local business community, and/or through your own marketing efforts on the Internet. The main web address is http://LD.net/?yourcognigenID. Customers entered into the system via your web pages will result in commissions to you.
Sponsoring a Representative
The act of sponsoring takes place when another individual signs up as a new agent of Cognigen via your website. These individuals, and those that sign up under them, will be called your sub-agents and each starts as an Independent Rep (IR).
There are four different ways to earn money:
1.Residuals: Residual commissions are paid monthly to all IRs on their own sales AND 1% Override Residuals (OR) are paid to all IRs on the sales of their "downline" through each of 6 levels provided they maintain at least $100 in monthly sales revenue and add at least one new Residual paying account every 12 months. In most cases, residual commissions can range from 6% to 12% depending on each IR's personal monthly sales revenue as follows:
| Total Monthly Billing | Commission Paid |
|---|---|
| $1 to $4,999 | 6 to 11% |
| $5,000 to $9,999 | 7 to 12% |
| $10,000 to $24,999 | 8 to 13% |
| $25,000 to $49,999 | 9 to 14% |
| $50,000 to $74,999 | 10 to 15% |
| $75,000 to $99,999 | 11 to 16% |
| $100,000 + | 12 to 17% |
*NOTE* Certain Cognigen in-house services pay a higher commission of 11% with a maximum of 17% (5 points more than standard residual commissions).
If your new sub-agent is willing to commit to produce monthly sales revenue of $10,000.00 or more as of the end of their first year with Cognigen; they will start at the $50,000.00 per month commission level of 10% to 15%.
As will be discussed below, there may be times when residual commissions are paid at levels outside of the 6% to 12% range (these may be paid at higher or lower levels depending on the product or service).
2. Qualified Rep Bonus (QRB): Every time an Independent Rep (IR) becomes a Qualified Rep (QR) $50 is paid to their QR sponsor and $10 is paid to the upline QR's through 6 levels. These bonus payments are dependent on the upline QR's maintaining the minimum requirement in monthly sales revenue for their position.
3. Promotion Bonus (PB): Every time a QR promotes to AR by personally sponsoring 5 QRs (thus earning $250), a total of $500 is paid incrementally to the upline of the newly promoted AR (i.e, his or her AR, RR, NR, and GR). As in all bonus payments, in order to receive the bonus payment, all of the receiving parties must meet the requirements required for their position in monthly sales revenue.
4. Generational Override (GO): On most services which pay residual monthly commissions, generational override commissions of up to 4% are paid on the monthly sales revenue of the sub-agents below the sixth level in an agent's AR, RR, NR, and GR coded organizations as long as the agent meets the requirements for receiving commission in '3' above. This includes the requirement of maintaining a minimum level of monthly sales revenue required for their position. This commission (GO) is paid to unlimited levels.
