The following terms will have the meanings set forth herein when used in ValQuest Ads Statement of Policies, Rules and Regulations, Business Plan,Compensation Plan Package, Member Application and Agreement and other official ValQuest Ads materials.
The ValQuest Ads public promotion for an Authorized Redemption Center to attract an increased interest in the business. The person-to-person advertising performed by Marketing Directors for a merchant account.
The smallest unit of measurement utilized to determine the size and scope of an advertising campaign. One advertising unit currently has a value of one US Dollar.
A commission that is earned from the Alpha Template
A participating business that has officially filed the Merchant Advertising Agreement
A report created by ValQuest Ads from information received from the Authorized Redemption Centers.
A Commission paid to the enroller for training a new Marketing Director. It is a percentage of and is based upon the new Marketing Director’s AU volume.
A distributor title with an AU personal monthly sales volume between 40 AU and 99 AU and a minimum Generation One Organization Group Volume of 100 AU.
The ValQuest product and business opportunity information portfolio purchased by a new Member pursuant to the terms of the Application & Agreement which may include product and marketing information and other official ValQuest materials.
The addendum to the Marketing Director’s Application & Agreement, which must be completed by 501(c)(3) entities, which are applying to become distributors.
The plan offered by ValQuest Ads that sets forth the compensation provided to Marketing Directors for the continuous building, promoting, training, motivation, servicing, and development of their ValQuest business.
The addendum to the Marketing Director’s Application & Agreement, which must be completed by corporate entities, which are applying to become distributors.
The document, which must be completed, signed, received, and accepted by ValQuest as one of the pre-requisites to becoming a Marketing Director.
A Distributor is a traditional term utilized to indicate a person has completed and filed aDistributor Application and Agreement. All enrolled members are deemed Distributors regardless of their individual title classification or rank. A person, who has an Enroller, has completed, executed, and delivered to ValQuest a Distributor Application and Agreement, and has paid to ValQuest the appropriate enrollment fee, if any.
The price a distributor pays for a Company sponsored product.
The ant-inflation action caused by the redemption of Value Certificates that will result in a cash back payment.
Distributors that are enrolled as Marketing Directors and receive a placement within an enroller’s organization.
A payment method by which a member authorizes ValQuest Ads Inc. to deduct payment for orders directly from his/her checking account.
A person who purchases ValQuest products or services for the purpose of consuming and/or using them, rather than for resale to a third party.
To personally recruit, enlist, and sign up a distributor into the business organization.
The Marketing Director who is listed in the Application & Agreement who introduced the new member to ValQuest Ads and helped him/her become a distributor.
A bonus paid to the enroller for training a new Marketing Director. The Fast Start Bonus is a percentage of and is based upon the new Marketing Director’s purchases.
A term that is used to describe a member’s position within the Beta Organization Commission Templet, the Delta Fast Start Bonus Templet, and the Omega Direct Commission Templet.
The starting position within the Beta, Delta, and the Omega Templets and used as a point of reference when locating other generational positions.
A distributor title with an AU personal monthly sales volume between 1 AU and 39 AU and a minimum Generation One Organization Group Volume of 50 AU.
Gold Diamond Marketing Director
A distributor title with an AU personal monthly sales volume between 200 AU and 399 AU and a minimum Generation One Organization Group Volume of 400 AU.
A distributor organization’s total AU that are contained within a specified number of generations.
A Marketing Director becomes inactive if he/she fails to personally receive and move the minimum product per month pursuant to the Marketing Compensation Plan for two consecutive months.
An opportunity offered by a distributor to a potential distributor to earn income.
The business organization consisting of a Marketing Director and those persons and entities that purchase ValQuest products or generate sales of ValQuest products from which the Marketing Directors is entitled to receive commissions.
An applicant who has filed an Application & Agreement that has been accepted and approved by the Company and is authorized to receive products from ValQuest Ads at Marketing Directors prices. A person that has completed and filed a Distributor Application and Agreement is given the title of Marketing Director. The Marketing Director is a distributor with a personal monthly sales volume of zero AU.
A unique number assigned by ValQuest Ads to each Marketing Director to facilitate internal record keeping by ValQuest Ads with respect to the Marketing Directors.
The Marketing Directors that comprise the group of individuals or entities from which the enrolling Marketing Directors is entitled to receive commissions based upon the collective sales volume of the group and the status of certain Marketing Directors within the group pursuant to the Marketing Compensation Plan.
A title used during phase-one of the business plan to distinguish a person from the phase-three title of a Distributor.
A business that has been sponsored and has signed a Merchant Advertising Agreement
An Advertising Agreement endorsed and signed by a business owner that among other things specifies the terms and conditions of the Advertising Agreement. The document between the Company and a client that specifies, among other things, the advertisement particulars, type of merchandise, dates and time limits of the contract, cost, and exclusions.
Reports produced by ValQuest Ads monthly that contain information relating to the activity of the Marketing Director’s Organization. The Monthly Business Reports contain trade secret information that is proprietary to ValQuest Ads.
The report due each month describing the distributor’s monthly Value Certificates sales and redemption.
The face value printed on a Value Certificate.
Reports produced by ValQuest Ads monthly that contain information relating to the activity of the Marketing Director’s organization. The Monthly Sales Reports contain trade secret information that is proprietary to ValQuest Ads.
A style of marketing goods and services to the public.
The sale of Company products to a non-member by an active Marketing Director.
Material in any form, which is authorized, published, and disseminated by ValQuest Ads. This includes, but is not limited to, printed material, audio and videotapes, satellite broadcasts, fax and electronic communications and Internet communications.
A commission earned by Marketing Directors after the Fast Start Bonus time has expired. A commission earned by active Marketing Directors on their organization’s sales. A commission that is earned from the Omega Nine Generation Direct Commission Template.
The total AU Volume which a Marketing Director’s Organization produced in a calendar month, including the Marketing Director’s volume.
A person who has purchased a product directly from a member and has not executed a Member Agreement. A non-member
An Enroller’s Enrollee to whom the Enroller has personally introduced ValQuest and/or has played an active role in the presentation of ValQuest products or business opportunity.
A commission earned by the Marketing Director for sales made directly to a non-member.
Sales which a distributor makes to a Personal Customer, non-member, or end consumer.
A distributor title with a personal monthly sales volume of 400 AU or greater and a minimum generation One Organization Group Volume of 500 AU.
The word Qualified attached to a Distributor’s title indicates that they have met the requirements of and for a particular Title, Bonus, or Commission.
A Marketing Director, who has filed the Application & Agreement that has been accepted and approved by the Company, purchased and moved the minimum amount required for theTitleduring the qualifying period, has received his/her first commission check, and has personally produced the sales amount required to maintain the Status and Title level pursuant to the Compensation Plan.
A summary of income statistics published by ValQuest setting forth information regarding average, high and low income received by Qualified Marketing Directors on an annual basis.
The Account number used to calculate the commission for the ABDO.
Any business, other than the original business, which a Qualified Marketing Director owns, or has interest in, within the ValQuest business organization.
A distributor title with an AU personal monthly sales volume between 100 AU and 199 AU and a minimum Generation One Organization Group Volume of 200 AU.
The act of contracting or recruiting a new merchant business to file an Advertising Agreement
The policies published by ValQuest Ads, as amended from time to time, set forth, among other things, the requirements for operating a ValQuest Ads Business.
The suggested price paid for a product and/or service by a non-member customer, or by the end consumer.
The addendum to the Agent Application & Agreement, which must be completed by tax-exempt entities that are applying to become Marketing Directors
The name used to identify personal and group sales volume by a Distributor or Marketing Director.
A single line of enrollers that link the Marketing Director to the company.
A program designed to redeem a type of voucher at participating Authorized Redemption Centers
An advertising program / method that is designed to lower the cost of advertising for a business.
An advertising method of person-to-person advertising to reduce the advertising cost for businesses.
