How do you explain to new affiliates what VersaPoints are and what they are used for?

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5188 votes
Beverly Wallin, Aff (British columbia, CA) Top Author Forum Guru 10/11/2013 3:40 am
Affiliate since: 07/24/2012, Power Rank: 329 | Read Beverly's 79 other Ask SC answers
Explaining VersaPoints (VPs) to a new affiliate is very important. VPscan be earned for an action performed once or an action performed over and over. A VP can be an action or a sales point. This differentiation becomes important only when you want to become a Team Leader. It’s very important that in the first month a new affiliate does not use up all those action VPs that can only be performed once. A new affiliate’s goal should be to just be an Executive Affiliate (1500 VPs of any type) every
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5180 votes
Gliceria Pritchard, Aff (Australia) Top Author Forum Guru 10/9/2013 5:23 am
Affiliate since: 11/29/2011, Power Rank: 101 | Read Gliceria's 402 other Ask SC answers
This is a very important question and one which should be explained to new Affiliates as soon as we have welcomed them into our team.

I would explain what VersaPoints are to my new Affiliates in my follow-up e-mails to explain more about how SFI works, and in my weekly messages, whenever VersaPoints are mentioned. I would follow it up with this simple explanation.

SFI is a business that is built around earning VersaPoints.

What are VersaPoints? VersaPoints are a
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5171 votes
Michael Burgess, Aff (United Kingdom) Top Author Forum Guru 10/9/2013 5:44 am
Affiliate since: 01/13/2006, Power Rank: 99999999 | Read Michael's 101 other Ask SC answers
Hello Violeta and fellow SFI affiliates

Before giving my answer I feel it is appropriate to point out that concentrating on Versapoints (VP) will not create a successful or profitable SFI business. Concentrating on Versapoints alone will only cause frustration, and is the reason many new affiliates leave before they get started.

Building and leading a team of successful affiliates is the key area to concentrate your efforts as this will bring you more monthly VP and commissions
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5160 votes
Brad Roberts, Aff (Georgia, US) Top Author Forum Guru 10/8/2013 8:48 pm
Affiliate since: 05/01/2013, Power Rank: 99999999 | Read Brad's 6 other Ask SC answers
Versa Points can be very confusing to new affiliates. In the first month it almost seems like you can make money just by doing some simple actions and reading a little bit. This being said I think it is very important to let a new affiliate know that Versa Points do not really become an important income contributor until they have created a down line and can get matching Versa Points. The main thing they need to know is it takes 1500 Versa Points every month to stay in the game (i.e. EA status).
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5153 votes
Liliana R., Aff (Arizona, US) Top Author Forum Guru 10/9/2013 1:32 pm
Affiliate since: 07/09/2013, Power Rank: 99999999 | Read Liliana's 18 other Ask SC answers
There are two types of VersaPoints: Action and Sale.

Action VersaPoints are points awarded for doing the actions listed on the SFI To-Do List.

Doing these actions will show an affiliate how SFI works and help him/her get trained.

Sale VersaPoints are earned by selling or purchasing TripleClicks products.

As the VersaPoints accumulate, payouts and perks increase as each VP has a monetary value.

Power Ranking is based on the number of VersaPoints
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5149 votes
, () Top Author Forum Guru 10/11/2013 12:08 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Good question.

I usually explain my downlines about versapoints in this way.

"VersaPoint is a unit of measurement in SFI. Like we measure clothes in meter, solids in kilos, length in inches, centimeters, etc, similarly in SFI we measure our progress in business on the basis of VersaPoints we accumulate at the end of a calendar month.

The total VPs we accumulate at the end of every month determines our next level, our income and also the benefits.

There
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5134 votes
Jacqueline Granger, Aff (Pennsylvania, US) Top Author Forum Guru 10/9/2013 8:44 am
Affiliate since: 08/29/2012, Power Rank: 262 | Read Jacqueline's 83 other Ask SC answers
Hello Everyone,

What I do is, I explain what Versa Points are right away when I have a new PSA.

I let them know that they are in the E365 Challenge Race and that they are competing against everyone else in their class that started the same day that they did.

And that they must earn VPs to stay above the Green Line for five rounds and that is for the first 30 days. Then they will become an E365 Finalist for one year and this is a chance for them to win prizes.

I
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5113 votes
Ken Hermonat, Aff (Michigan, US) Top Author Forum Guru 10/8/2013 9:56 pm
Affiliate since: 12/25/2001, Power Rank: 99999999 | Read Ken's 60 other Ask SC answers
VersaPoints are points that are earned in three ways.

1. Doing actions on the SFI site (found on the To-Do List)
2. Purchases you make from TripleClicks
3. Purchases your PRMs make from TripleClicks

VersaPoints are important in two ways.

1. VP determine your rank, and therefore contribute to your income based on the Compensation Plan.
2. VP are shares in the Executive Pool which brings you commissions each month if you are EA2 or higher.

Your
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5094 votes
, () Top Author Forum Guru 10/11/2013 2:36 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Hi this is a great question.

First let me define VersaPoints.
--> These are points you are awarded for doing the actions listed on your SFI To-Do List
--> check here : www.sfimg.com/Home?section=ToDo.

At SFI, Versapoints have different use. Lets try to check out what are these uses.

1) Accumulating more Versapoints will increase your income. How?
For each VersaPoint (VP) you accumulate during the month, you will receive one share of the month's
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5091 votes
Juliet Best-Brathwaite, Aff (Barbados) Top Author Forum Guru 10/9/2013 9:28 pm
Affiliate since: 04/19/2013, Power Rank: 99999999 | Read Juliet's 7 other Ask SC answers
VersaPoints (VP) are the blood of SFI. Other than direct sales margins and/or commissions, your VP determine your earnings in SFI. Every action has an associated number of VP and your VP determines your status in SFI. Your minimum target each month is 1500 VP. This makes you an Executive Affiliate (EA) and gives you a share in SFI's earnings for the month.
Your month's VP total determines your designation while your total accumulated VP determines your "Power rank" among all other
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