SmartValue offers resalable products that aggregate credit points for the affiliate per sales quote.
It requires the member to buy a product and qualify for Mile counts, which determine the profit for the member.
Also, it offers three-part products on the retail end. They are _
Food & Beverages; and
Educational Books & DVDs.
The complete product cache caters to Personal Care, Lifestyle, and Home Care. SmartValue typically offers blends and tea infusions from local staples, which it provides in different brands.
So, Naturals Haldi Powder _ 100gms (R77.00), Naturals Garam Masala _ 100gms (R90.00), and Naturals Mirchi Powder _ 100gms (R93.00) are some of the healthcare products from the company.
Further, it provides utility products like the ones below.
Saati Pair of watches (gold-plated) ) _ sells for R2999.00
Fabric Combo 2 Shirt Plus Pant _ sells for R1979.00
Fabric Combo 1 Shirt Plus Pant _ sells for R1979.00
SmartValue Travel Bad _ sells at R449.00
Fabric Combo 3 Shirt Plus Pant _ sellls at R1979.00
Suit Length 3mtr _ sells at R4000
On the whole, SmartValue offers a direct sales marketing opportunity, allowing members to earn profits from retail and personally-purchased products. That is right off the bat, but the actual profits accumulate from team downline purchases, miles (calculable from retail), and membership tier.
It gets more intricate as SmartValue fixates on products bought by members. One maze of retail caveat features too many hardliners that SmartValue seems to forfeit on-ground sales for affiliate participation. See below
Product Retails: How It Works
SmartValue uses many metrics to determine credit points and qualify members for loyalty perks. However, the company uses one standout model, and that is MILES.
It reckons Miles as repeated purchases of products by an affiliate, prompting various types of Miles. Here are the ones on the website.
Group Sales Incentive _ accumulates in IBA id depending on IBA Team sale quotes.
Group MyMiles _ starts counting as repeated purchases after the first 100 Miles in your IBA team.
Personal MyMiles _ available as bonus credits from personally-bought products.
For each tier, SmartValue promises to pay “100% of the Group Miles (up to first 100 miles)” paid out as the affiliates’ Group Sales Incentive.
Additionally, the affiliates can earn Merchandise Profits from the market price difference between Maximum Retail Price (M.R.P.) and Associate Price (the value at which the product was purchased).
The M.R.P. bit and Miles are contrasting retail-based and referral-based profit options on the platform.
Our SmartValue Review looks at the overall compensation plans and T&C for gains and participation on the site.
Read on below for details.
SmartValue Membership Tiers
The membership plans are steep in an intricate meshwork of retail bonuses and binary teams, which gives affiliate ranks to participants.
By default, an affiliate starts a tier by buying a product to qualify for a Sales Incentive Plan.
Multiples of every 900-Mile unit after the first run _ qualifies you for Rs. 4700
900 Miles on the first run _ qualifies you for Rs. 4800
The first returns terminate after the fifth consecutive payout (that is 4500 Miles).
Alternatively, members earn via a grid model in the following method.
For the first stack of one 900 Mile units, SmartValue pays Rs. 1600 on 300 Mile installments, completing the payment in three steps that comprise 300 Miles, 600 Mile, and 900 Mile.
Further, SmartValue uses a weighting metric that it calls “step rate” to distribute commissions evenly across a binary team grid after each week.
Here is how a Direct Sales binary team works.
It gives the top position to an affiliate. The affiliate can start two-team branch levels by personally recruiting members to Level 1 (comprising two teams). Similarly, Level 1 affiliates start Level 2 (comprising four teams) by recruiting people to buy membership packages.
Each member in every level is part of a branching lattice, which
continues down an infinite level.
Based on this
model, a 2:1 step rate reduces the commission after the first 4500 Miles. It
could also work via 1:2, depending on the relevant binary team side. The paid
profits cap at Rs. 45 for each cycle.
Moreover, Miles depend
Affiliate Commission: Repurchase Plans
SmartValue affiliates will have to purchase enough products to accumulate enough Business Points (BV) to qualify for a tier.
Also, the weekly Repurchase Plan payment is a 5:10 ratio, regardless of the binary team leg. The ratio represents 5 Business Points on the weaker team leg, with 1 Business Point representing 12000 BVs.
SmartValue pays Repurchase Plans based on the following criteria.
It uses the same step rate peg as in the binary team and Group Sales Incentive as in the above section.
Further, it reshuffles the BVs on each team leg using a 1:2 or 2:1 depending on which leg makes the 5 Business Points mark first.
Subsequently, members can earn a Retail Consistency Bonus by meeting the sales thresholds below.
Retail Consistency Bonus
51-500 Business Points _ qualifies you for a house fund
6-50 Business Points _ qualifies you for a car fund
5 Business Points _ qualifies you for extra income
Moreover, it requires the affiliate to maintain 2 Business Points per week for two (2) weeks at a stretch.
SmartValue Ranks _ Recognition Plan 1
SmartValue lumps every 450 Miles as a Steps unit.
Universe Club _ available for 20000 Steps per year and at least 12 Crown affiliates
Emperors Club _ goes for 14000 Steps per year and at least 12 Diamond affiliates
Kings Club _ is goes for 10000 Steps per year and at least 9 Diamonds affiliates
Royal Ambassador _ available for 7200 Steps per year and at least 12 Emerald affiliates
Elite Ambassador _ available for 4500 Steps per year and at least 12 Sapphire affiliates
Ace Ambassador _ available for 3000 Steps per year and at least 12 Ruby affiliates
Imperial King _ available for 2300 Steps per year and at least 12 Pearl affiliates
Prince _ available for 1500 Steps per year and at least 9 Pearl affiliates
Crown _ available for 1000 Steps per year and at least 9 Platinum affiliates
Diamond _ available for 650 Steps per year and at least 12 Gold affiliates
Emerald _ available for 400 Steps per year and at least 12 Silver affiliates
Sapphire _ available for 260 Steps per year and at least 9 Silver affiliates
Ruby _ available for 160 Steps per year and at least 6 Silver affiliates
Pearl _ available for 100 Steps per year and at least 6 Super Smart affiliates
Platinum _ available for 64 Steps per year and at least 3 Super Smart
Gold _ available for 32 Steps per year
Silver _ available for 16 Steps per year
Super Smart _ available for 8 Steps per year
Affiliate _ available upon registration.
Check the official website for the Plan 1 Rewards and Plan 2 Ranks & Plan 2 Rewards.
Moreover, SmartValue affiliates can sign into their dashboard through their portal login steps below.
How to Log In to SmartValue
- Select Login from the homepage.
- Enter the relevant details (email address and password).
- Provide your referral code (sort of Captcha).
- Finally, click on Log In.
Is SmartValue legit? Find out below.
SmartValue Review Conclusion _ Is It Legit?
In terms of products, SmartValue offers a broad range covering capsules, life coach books, and utility products (like wearables).
The only issue is the unsightly string of hardliners that easily translates to burnout tactics. Although it provides an elaborate product cart, SmartValue relies heavily on orders by members to generate profits.
It is a two-part retail program, with affiliate loyalty perks on the one hand and a non-affiliate option on the other hand (Merchandise Profit).
While the Maximum Retail Price leaves a window for legit profits, it pales in comparison to the proceeds from the Sales Incentive and Business Volume options, making SmartValue a 90% Direct Sales brand, which doesn’t offer legit values for direct sales agents/affiliates.
Moreover, the marketing aspect relies on purchases accumulated in affiliates’ downlines. That is a passing nod to a pyramid scheme.