Effective immediately, we’ve added a very exciting new incentive for all new SFI affiliates: SIGNING BONUSES!
What’s a Signing Bonus (SB)? Like the name suggests, it’s a bonus you now qualify for when you sign up with SFI.
All new affiliates will now immediately be eligible to earn $20 just for joining SFI!
Signing Bonuses will be paid out with regular commissions–paid as a percentage (3%) of your regular commission earnings for a maximum of 18 months.
Example: Your regular commissions for the month are $400. Hence, $12 (3% of $400) of your SB would be added, for a total earnings of $412. Each month, you’ll receive a portion of your total SB until it is fully* paid.
*Any remaining SB balance after 18 months is forfeited
Signing Bonuses will be automatically awarded to all new affiliates joining SFI as of TODAY (November 19, 2015).
For those who joined SFI prior to today (November 19th), you will also receive the $20 SB into your account if you’ve not yet qualified as an EA (Executive Affiliate).
Yes, we just deposited over $17,000,000 (17 million dollars) into the SB accounts of thousands of SFI affiliate worldwide–many of whom might be in YOUR downline and now have an extra incentive to get active!
And for every affiliate who joined SFI prior to today (before November 19, 2015), don’t worry, we haven’t forgot about you! We will also be providing you with an opportunity to earn a SB of up to $100, too! Be watching for a future announcement with these details.
IMPORTANT NOTE: Because it is redundant of the current $10 Bronze Bonus, we are discontinuing the Bronze Bonus, effective immediately. Note that if you qualified for the Bronze Bonus in October 2015 (or in a previous month but have not yet taken payment), you will still receive the Bronze Bonus.
FREQUENTLY ASKED QUESTIONS
Q: How will prospects know about the SB?
We’ve added a prominent SB promotion to SFI gateways.
Q: Why would qualifying for a SB cause someone to get active?
SBs are only paid out when regular commissions are earned and paid. Therefore, if those qualifying for a SB want to receive payment of their SB, they must get to work building a business and earning commissions.
Q: How can I personally promote the new SB?
We’ve created some great new banners–now available in the Marketing Center–for you to promote it. You can also use the text from the banners in your text ads, etc. And, of course, you’re encouraged to reference the new SBs in all of your various interactions with prospects and your newest affiliates.
Q: How will new affiliates know they’ve got a SB coming to them and/or that they can increase the amount of the bonus?
- We’ve added references to the SB in key emails that new affiliates receive in their first ten days. At a later date, reminder emails will also automatically be sent out so affiliates do not forget about the money they have coming to them.
- We’ve added it to the My Earnings panel of the Scoreboard tab.
- Your SB balance, if any, is now displayed in the top, right corner of the Affiliate Center header.
- Our Fast-Track central info page now prominently lists the $40 and $100 SBs as one of the benefits of becoming a Fast-Track member (as do the Fast-Track alerts on the Alerts tab).
Q: What about someone who joined SFI in the last 10 days and is still Fast-Track-eligible?
For anyone who joined SFI prior to today (Nov. 19) and is still Fast-Track-eligible, we are extending their Fast-Track eligibility for ten more days. So…even if they only had one day remaining, they now have a full ten days to qualify as silver and increase their SB to $40. Or, by qualifying as gold (including upgrading from silver to gold), they can boost their SB all the way up to $100!
Q: How does the new SB program affect the TCredits Welcomes and Cash Welcomes that were introduced a few months ago?
These programs have been paused. If you were participating in either of these programs, It’s been turned off for you. Should we decide later to resume these programs, you’ll be alerted so that you can turn it back on if you want (it will NOT resume without you manually turning it back on).
Q: Why shut down the TCredits Welcomes and Cash Welcomes?
They are redundant and would add too much confusion for new people signing up with SFI. And, of course, the new SB is a MUCH bigger reward. Having a separate Cash Welcome (or TCredits Welcome) would only risk overwhelming new affiliates. Note: If you still wish to give your new affiliates TCredits, you can of course still do this, whenever you want, using the TCredits Transfer tool on your Genealogy.
Q: Why don’t ALL existing affiliates automatically qualify for the $20 SB?
The SB program was created to be an incentive to get active with SFI. Many existing affiliates are already active. That said, EVERY existing affiliate prior to today (November 19, 2015), who did not receive the immediate $20 SB, is going to have the opportunity to qualify for up to a $100 SB (watch for the upcoming announcement with details).
Q: Isn’t it unfair that all existing affiliates don’t get the $20 SB. Shouldn’t SFI give everyone $20?
If the new SB program is successful, even to a small degree, you’ll earn way, way, way more than $20 in additional regular commissions in the coming months. Why? Because signing up new affiliates will be much easier…and getting them active will be much easier. All of this will almost certainly lead to more activity, more sales, a larger TripleClicks Executive Pool, and increased commissions for all. Don’t focus on a nominal, one-time bonus! Focus on the big picture!
Q: What about all the affiliates in my downline who have already received, or will receive, the $20 SB? Should I be contacting them about it?
Throughout November and December, we’ll be aggressively promoting the SBs available to ALL affiliates via newsletters, special email blasts, etc. However, there’s definitely potential value in adding your personal message(s). For example, you may have affiliates in your group that don’t visit the Affiliate Center regularly and/or that don’t read our announcements and newsletters. An email coming from YOU, might very well get through and make all the difference! This is such a special event, in fact, you may want to pull out all the stops and even start making some phone calls, lining up get-togethers, etc.
Q: Is there any way to specifically target those in my downline who have received a SB?
Yes! We are installing a new “SB Balance” filter in the Genealogy. You’ll be able to select those who have received a SB and/or have a remaining SB balance (and even be able to select by amount) so that you can send out just the right group messages, etc. This new filter should be available within a few days.
DISCUSS IT! Log in at the SFI Affiliate Center, then head over to the FORUM–to the SFI NEWS DISCUSSIONS section–to discuss this announcement with your fellow SFI’ers.