We understand that not everyone has the desire, skill, and/or time to follow-up on pre-registered Localvantia merchants and take on the responsibilities of an Account Manager.
So, effective immediately, we’re now allowing all affiliates (not just Executive Affiliates) to pre-register merchants. That is, you can pre-register them, and we will then assign the account to another affiliate in the area who DOES have the experience and time to be the Account Manager.
Why is this a good idea? Why would you go to the work of pre-registering merchants and then not get to be the Account Manager?
Having lots of local merchants means lots of places for YOU to earn unlimited VersaPoints! We’re talking about being able to earn VersaPoints when you buy your groceries, when you fill up your car, when you buy a coffee, when you take your family out for dinner, etc. And when buying from Localvantia merchants, that means you’re collecting VersaPoints without spending any money you wouldn’t already be spending! That is, we’re talking about unlimited, FREE VersaPoints for you!
Of course, that’s just the direct benefit. The indirect benefit is that recruiting local affiliates will, of course, be substantially easier when you can point out all the local stores where they can earn all the VersaPoints they need each month with no out-of-pocket costs!
And, of course, a big part of the SFI compensation plan is the Executive Pool. So all those local stores you’re pre-registering—they’ll also be supporting affiliates from other groups, which means more revenue going into the Executive Pool, which can mean larger pool shares values, which can mean bigger commissions for you, your team members, and every other SFI affiliate, too!
So, yes, pre-registering merchants in your area is a GREAT idea! Team Leaders: Be sure to help us spread this news to your team. Let’s get thousands of affiliates pre-registering merchants and really start growing our Localvantia network around the world! As we do this, the SFI opportunity will be greatly enhanced—as well the opportunities for earning significantly higher commissions!
NOTE: In the above paragraphs, we’ve stated that you can earn unlimited VersaPoints. This is true, but what you’ll actually receive, of course, are Rewardicals–which you can then redeem for VersaPoints. Of course, the Rewardicals you earn can be redeemed for many other things too (including gift cards, PSAs, PRMs, CSAs, TCredits, Bitcoin, and more)!
To get started pre-registering merchants, review this SFI Knowledge Base article. If you’re only doing the pre-registration portion, ignore the information about following up, sending out Invitation Letters, etc.—which will be the duties of the Account Manager assigned to the merchants you pre-register.
Note: Here’s how you will denote whether you want to be the Account Manager or not: At the bottom of the form where you pre-register a merchant, you will see the option to take on the responsibility of being the Account Manager (available to Executive Affiliates only) OR simply pre-registering for another affiliate to be assigned the Account Manager (available for both Affiliates and Executive Affiliates). Simply choose one of the two options for each merchant you pre-register.
Head over to the FORUM–to the SFI NEWS DISCUSSIONS section–to discuss this announcement with your fellow SFI’ers now.