Big News This Week - Karatbars Retail Stores
Some of you may know that Karatbars CEO Harald seiz was in Atlanta last week and he told the people there about the new Karatbars retail stores which will be opening in 2020. (Image above)
For a full update on the announcements check out this update from Michael Dalcoe and Cherylanne Gober who are also on the company Leadership Council.
Watch it here - https://youtu.be/bXxN9LHj6YY
Information about the stores comes up shortly towards the end of the video but the whole video is a must watch if you are really serious about getting into the driving seat with your karatbars business. I have also made a trim on the video to the karatbarsstore info: https://www.youtube.com/watch?v=yDMNm9rq-KE&feature=youtu.be
Just for your information. There are lots of affiliates on Youtube but if you want to guarantee correct advice please only take it from Myself, Brian McGinty, Michael Dalcoe, Cherylanne Gober, Tammy Morrison, Nitsa Nakos, Priska King or our company's corporate if you want to ensure the information you are being given is correct.
Lots of affiliate make videos and although they have good intentions some of their information is incorrect at best.
Not only will we have K-merchants on our high streets and online but also physical stores which will sell our K1's, Whim's and future products. As affiliates we can also earn from opening these stores and from the products which will be sold in them.
See the simple k-merchant process in this video with Harald Seiz at the Hotel President in Brussels - the first Hotel to work with our K-Merchant....https://youtu.be/SqqmXyhNi2k
Update From Harald Seiz on the K1 Phones
Watch this video, also from Harald Seiz explaining How KBC Coin Powers Karatnet , K1 Impulse Phone & Our Entire Ecosystem - https://youtu.be/hA-xGEbB3lI
We had a conversation with Josip Heit this week and gave him a list of twenty questions we would like answered that many of you have also asked me.
Things like K1 and CEM delivery dates, Terms and Conditions for CEM's and Kmerchant, Karatbusiness app and K-booster updates etc etc..
He said he will get answers to all by next week so I will pass those on to you as soon as we get them.
One update I can give you is that the new KYC/Support team for K-Merchant was in training last week and will be up and running from this week. You will start to see gold KYCs being passed and tickets being answered if you have sent any in.
Fiat settlements for Kmerchants will also be running from next week so we are good to go on those.
Matching Bonus Qualification Starts Today
The company introduced a new optional way for direct sales people to make some extra money in the compensation plan.
In a sentence: If you earn €25 in direct commission from one of your direct referrals this week you can earn matching bonuses up to seven levels deep in your team next week.
We all earn 10% direct commission so any package/product over €250 in value would earn you €25.
This only applies to affiliates who have been in the business over one year!
As an example...If you want to take part in it you need to sell 2 x €150 profit packages, 1 x €350 profit package or higher , any K1 or Whim. It's one sale per week which is a ridiculously low qualification for any direct sales company.
If you can't bring in €250 to your business every week you need to look at what you are doing.
Personally I earn enough from cycles, unilevel and 2nd, 3rd level direct commissions but this will definitely inspire me to focus on selling at least one €250+ product myself every week.
Should I not have sold something by next Friday I will buy 2 x €150 profit packages under using my mum's account (she happens to be a direct referal of mine..lol) and stock up on KCB which will qualify me too. A win -win situation.
Keep It Simple
If you focus on making sure at least three people per day have watched your video presentation you will have absolutely no problem qualifying for matching bonuses or growing your business. That's just a statistical fact.
Learn Your Packages and Bonuses
Below is the table of packages and bonuses. It is also in the downloads section as a pdf and I encourage you to print it off and learn what you get.
EG: Sell a €5200 WHIM package and the client gets a WHIM, K1 and €10,400 of KCB. You as the seller get €5200 of KCB plus your direct commission and units.