Membership of Cosway

Partner for Success Established in December 1979, COSWAY is the right partner for anyone who is serious in developing a network marketing business. Some facts about COSWAY:  • COSWAY has an authorized capital of RM500 million and paid-up capital of RM155 million. • COSWAY is a subsidiary of BERJAYA GROUP, a multinational conglomerate known for its diversified interests. • COSWAY is headquartered in its own 26-storey building strategically located in the heart of Kuala Lumpur. • International operations in Brunei, Singapore, Thailand, Indonesia, Hong Kong, Taiwan, Australia, India, Korea and Japan (coming soon). Financial Freedom To be where you want to be To do what you want to do To have what you want to have COSWAY - A NETWORK MARKETING SUCCESS  COSWAY started with a simple concept of distributing high quality products at very competitive prices through a unique Network Marketing system. Today, it has grown to become one of Asia's largest Network Marketing companies. Over the years, the COSWAY formula has helped thousands of members achieve tremendous financial success. What is Network Marketing? Network Marketing is a business that has evolved since the early 1950s into a multi-billion dollar industry. Today, millions of people worldwide are involved in this business, regardless of age, sex, education or past business experience.

General Information

How to Get Started

Fill in a Membership Application Form and pass the form together with a joining fee of RM 100 to your introducer, or submit the form and joining fee directly to a COSWAY Sales Centre. 

Retain the Official Receipt which will be issued and note up the membership number. With this number, it can get started immediately and go for the first sales or recruitment! COSWAY Membership Card will be mailed within a month of your application.


How to Purchase Goods

Once we receive the  membership number, we can start purchasing goods from any COSWAY Sales Centre. We do not have to wait until we receive our Membership Card. Make sure that insist on an invoice whenever transact with any COSWAY Sales Centre. The invoice is the only recognised company document for processing returns and for checking any discrepancies in your Bonus Statement.


Redemption Point (RP)

For new member registration, 30 RPs will be awarded for each new member account registered. As for membership renewals, 20 RPs will be awarded per account renewed. From shopping with Cosway, 1 RP will be awarded for every RM50 nett invoice value.

As long as your membership is valid, you can use all your available RP. However, if you do not renew and your membership expires, you can still use your RP for three months after your membership expired but NO RP will be given to you when you make purchases during this period.


Redemption Coupons

This is yet another unique COSWAY feature that has benefited members tremendously. Every RM30 purchase of COSWAY products entitles you to 1 RC. You will also receive extra RCs for your monthly total COSWAY product sales. These valuable RCs can be used to redeem a wide selection of exciting and unique products featured in the Great Redemption and On-The-Spot Redemption Catalogue for absolutely free or at greatly reduced prices.

Promotion Catalogues

Your joining fee also entitles you to a ONE-year subscription to the COSWAY Promotion Catalogue that will be sent to you every month. Announcements, promotions, special offers, new product information and introductory offers are included in this catalogue.


Bonus Plan :

Working Towards Your Financial Freedom With COSWAY

Set Your Efforts To 3 Main Activities:

Using COSWAY Products yourself

Promoting COSWAY products to others

Introducing new members into COSWAY

You Will Be Rewarded In The Following Profitable Ways:

	•	Personal Silver Bonus	•	Branch Bonus
	•	Gold Bonus	•	Silver Incentive
	•	Group Development Bonus	•	Gold Incentive
			•	Leadership Development Bonus

Silver Volume (SV) & Gold Volume (GV)

Every Cosway product sale you and your group make generates 2 types of volume - SV and GV, which are used for the calculation of various bonuses and incentives for you and your group.

Product Category	SV	GV
N T P S	30% of N Sales (25% N Sales with RP)	100% of N Sales (50% N Sales with RP)
	30% of T Sales (20% T Sales with RP)	30% of T Sales (20% T Sales with RP)
	25% of P Sales	10% of P Sales
	10% of S Sales	10% of S Sales

eTransfer

This is a unique feature which allows members or downlines who are also active in eCosway to generate SV / GV from the sales volume (eV) generated in eCosway. With eTransfer, eV (15% to SV and 30% to GV) generated in eCosway account will be included for the calculation of Cosway bonuses and incentives (except PSB).

To enjoy eTransfer, you would have to be a registered member of Cosway for at least 3 months, e.g. if you joined in May, your first eTransfer would be in July.

Contribution of your eV via eTransfer into Cosway for bonus and incentive calculations is based on your eV generated in the preceding month.

EXAMPLE: How eTransfer Works
Your Network	SV	GV	eV	eTransfer SV	eTransfer GV	Total SV	Total GV
YOU Line A Line B Line C	2,000 3,000 5,000	2,000 2,000 3,000	1,000 2,000 3,000	150 300 450	300 600 900	2,150 3300 5450	2,300 2,600 3900

	Monthly Requirements
1.	50 Qualification Volume (QV) - For ALL bonuses and incentives
2.	75 Qualification Volume (QV) - For ALL Bonuses and incentives plus eTransfer
3.	A minimum transaction of RM300 from either eCC ,ePC, or any other affiliate programmes, or from a combination of these programmes to qualify for SV generated from these programmes.

Qualification Volume (QV)

One QV is generated for each SV you achieve from the purchase or sale of Cosway products. QV is used only for bonus and incentive qualification.

Product Category	Sales Volume (RM)	SV	QV (1SV=1QV)
N T P S	100 100 100 100	30 30 25 10	30 30 25 10

QV Reserve

QV is reserve helps you qualify in certain months when you need QV for your bonuses and incentives but you have insufficient or no QV. This QV in reserve will be deducted only when it is needed for the monthly bonuses and incentives (and if applicable, eTransfer) that you qualify for. If you do not qualify for any bonus and incentive for a certain month, no QV in reserve will be deducted for that month.

If you qualify: After you fulfill the qualification requirement for that month, any excess QV you have will be kept in reserve to help you qualify in future months.

If you don't qualify: Any QV that you have accumulated will be kept in reserve to help you qualify in future months.

(Please note that you are allowed to only carry forward a maximum of 50 QV each month).

EXAMPLE: How QV Reserve Works Month SV & GV from Personal Sales SV passed up Eligible for PSB Eligible for GB, GDB, BB, SI, GI and/or LDB QV from Personal Sales (1SV=1QV) QV Used for Qualification QV to go into Reserve QV Balance in Reserve for future month's Qualification January February March April May 30 SV, 100 GV 80 SV, 50 GV 0 150 SV, 50 GV 30 SV, 10 GV - - 60¹ 30¹ - No Yes Yes Yes No No² Yes³ No² Yes³ Yes³ 30 80 0 150 30 - 50 0 50 50 30 30 0 50 0 30 60 60 110 90 ¹ SV passed up from downline members who do not qualify for Personal Silver Bonus ² Assuming your network does not have enough SV / GV ³ Assuming your network has generated the required SV / GV Maximum QV allowed to go into reserve per month = 50 QV