Why Versa Points are important
VersaPoints (VP) are points that are awarded to you for doing various actions (such as making sales, personal purchases, completing tasks, etc.) that support the growth and success of your SFI business.
There are two types of VersaPoints you can earn in SFI
You accumulate Action VP for performing various actions outlined on your SFI To-Do List. When you joined SFI, for example, you had the opportunity to earn hundreds of AVP for confirming your email address, for uploading your account photo, etc. There are dozens of other actions that you can do monthly to earn thousands of VersaPoints (see your To Do list for a complete list of available actions that earn you VP).
To earn Sales VP, simply sell an item or make a personal purchase at TripleClicks.com or any other Zing Network site. For example, if one of your Personally Referred Members (PRM) purchases a 200 TCredit Pack, YOU will automatically earn 1,800 SVP. A personal purchase by you for that item would also earn you that 1,800 SVP. NOTE: you can view the SVP attached to each product in its details page at the store. Just click the SFI Toolbox button for complete commission and VP breakdown, as illustrated below:
1. A minimum amount of SVP is necessary for you to advance in SFI rank. To gain the rank of Executive Affiliate (EA), for example, you must earn a TOTAL of 1,500 VP for the month. Out of that VP,
a minimum of 1,000 must be Sales VP.
You can have more than the minimum SVP required, of course...earning the entire 1,500 required VP through sales/purchases.
You can also collect the remaining 500 VP required for that rank via Action VP. It's up to you...so long as you collect the minimum amount of SVP required for your rank each month. (NOTE: To view each rank's required Sales VP, see each Team Leader rank entry in the Glossary.)
2. VersaPoints earn you shares in the Executive Pool. The more VP you collect each month, the more shares in the pool you can earn.
We'll discuss the Executive Pool in more detail in coming lessons, but if you don't want to wait, you can learn more details at the SFI Compensation Plan.
More VP also helps determine your rank in SFI; and the higher your rank, the more benefits become available to you–including Matching VP for even MORE shares in the Executive Pool each month! You can review the benefits of each rank at our Benefits Chart.
3. If you're still in your first year in SFI, VersaPoints are also important because collecting the most VP is the objective of the E365 contest (a contest for all SFI affiliates in which you have the opportunity to win thousands of Rewardical Tokens). Learn more about E365 HERE.
4. VersaPoints are the key to our "Power Rank" program. Power Rank allows you to see how you stack up amongst your fellow SFI'ers in your class, in your country,
and overall, too. The more points you collect, the higher your Power Rank can go and the more prestigious your Power Rank badge will be. Check out the current Power Rank Leaderboard and see where YOU are positioned now HERE.
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