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Simple, Rewarding and Achievable. These were the words we had in our minds when formulating the Mermology Comp Plan. Our plan has been designed to reward mermaids at all levels of aspiration and commitment. Whether you are looking for just a little extra spending money or a full time income, we believe this plan will help our Mermaids get what they deserve.
How and when these commissions get paid:
Weekly Payments - You get paid 20% commission on every sale you make. Payments are made directly in to your bank account every Friday for your sales made in the previous week.
Month End Payments – If you sell over £301 in any given month, we will send you an extra 5% commission payment, effectively bumping you up to 25% commissions for sales made that month.
These payments are made in to your bank account on the 7th day after month end.
As another example, if you sell over £1001, we send you an extra 15% instead, bumping you up to 35% commission!
With a 7% payout from the very first rank this plan is designed to reward all levels.
Below are two tables. The top table shows the requirements to reach each level. The bottom table shows the pay-outs you will receive.
*Wholesale Sales – Team commissions payments are paid on wholesale sales values. Wholesale sales are calculated at 80% of retail sales values.
This accounts for the 20% personal commission already paid out weekly to the Mermaid who made the sale. We don’t make any further adjustments/deductions
if someone gets bumped up to 25-35% personal commission, we’ve kept it simple with a straight 80%.
When these commissions get paid:
These payments are made on the 7th day after month end.
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