Mar 18, 2011

Boardwalk (Your Fashion, Our Business) Primer Part 1

Boardwalk is a direct selling company of imported and locally made products; made popular by the endorsement of big showbiz stars like Kris Aquino, Derek Ramsey, Assunta de Rossi and Jean Garcia.

Products include intimate wear, clothes, shoes, bags and accessories both for men and women with ages ranging from infant to adult.  Recently they also launched a cologne line made exclusively by Zen Zest.  And of course the BW Loading system that let dealers of Boardwalk sell pre-paid loads of SMART.

The company offers a 25% basic discount for all dealers and a flexible credit line that a dealer can build up to suit his selling need.  A rebate of up to 21% is also given to members who exceeds their selling limit and shares the wonders of being a Boardwalk member.  This is how earning can be increased; by letting a prospective dealer sign-up at Boardwalk with you as sponsor, all future sales of that dealer will be included on the computation of your net sales.  This is called the direct group sales or DGS.

There are 4 levels of membership within Boardwalk with perks exclusive to each membership.

Memberevery dealer starts as a member and is entitled to the basic 25% discount.  However, dealers don’t earn rebates but can recruit another person to become a member under his group.
JMC (Junior Marketing Consultant)a member is promoted to JMC level once he reaches the target of 10,000 net sales in 1 cut-off period.  Cut-off period is from 6th day of the month up to the 5th day of the next month.  Earning of rebates will start on the next cut-off period.

GS (Group Supervisor)a member is promoted to GS level once he reaches the target of 50,000 net sales in 2 succeeding cut-off period.  It is not necessary that a member be a JMC first before becoming a GS.  If in only 1 cut-off month, he was able to reach the 50,000 net sales requirements, then automatically he will be a GS on the following month.  GS enjoys higher rebates of up to 18% depending on their group sales.

GM (Group Manager) – this is the last level of Boardwalk membership.  GM enjoys up to 21% in rebates.  But to become a GM, a member must reach group net sales of 150,000 within 2 succeeding cut-off months.
The quota might be intimidating for first timers, but since Boardwalk offers a flexible type of credit line becoming a JMC is quite easy.  To avail of the credit line, a member will have to provide a cash bond every time he purchases an item at Boardwalk.  Cash bond determines the amount of credit line a member is allowed, and is the amount of Cash bond x 2.  For example:

Item A costs 500pesos
Less 25% = 375
Cash Bond is 187.5 or (375/2)

Cash bond is not a payment, but can be withdrawn anytime to use as payment as long as the dealer is willing to pay all remaining balance less the cash bond amount.
To become a dealer, just bring the following requirements and register to any Boardwalk branch near you.
Cash bond is not a payment
  • 2pcs 1x1 photo
  • Photocopy of 2 valid IDs
  • Proof of billing or residence certificate or barangay clearance
  • Completely filled-up registration form

To register under PinayShopper group, just put the following details on the Sponsor area of Boardwalk Form 1.
Sponsor Name:  Jamie Dela Rosa
Sponsor ID:  IC049992

Watch out for more information regarding Boardwalk dealership as I expound more on the rebates gained by each member and how easy it is to reach your JMC level on Part 2 of Boardwalk Direct Selling Primer.

Happy Selling!


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