Auto write-off — rules for automatically writing off points from the transfer account to the personal volume of the club member.
Assistant — a club member who was a premium consumer at the time of transition from consumer to distributor status:
Point-free products — company products for which points are not accrued upon purchase. Point-free products include souvenirs (bottles, clothing, etc.).
Infinity Bonus — 1-5% of the group volume of Directors from the first generation to infinity. Decreases in the amount of the Infinity Bonus of lower-ranking Executives. In a network of equal-ranking Masters, the Infinity Bonus is zero.
Privilege Bonus — a premium program for distributors of the Executive rank and above. By fulfilling certain conditions, program participants can become owners of a car (Autobonus), real estate (Real Estate Bonus), or pay for education (Education Bonus):
Recommendation Bonus is a reward for a consumer, premium consumer or assistant in the amount of 5% of orders from members of the club's first line: consumers, premium consumers, assistants.
Generation Bonus is 5-10% of the group volume of Directors. The number of generations of Directors from which a distributor receives a Generation Bonus is from 1 to 6, depending on the rank.
Discount Bonus is a reward for a club member from the company for completed volumes (LO, GO, etc.) in the reporting month. The discount bonus is calculated according to the club member's rank according to the Marketing Plan.
Product points (points) — assigned to each product and used to calculate the Bonus Discount.
Bonus account — an account to which the company's reward is credited, calculated according to the marketing plan.
Refundable discount — a reward for a premium consumer or assistant in the amount of 10% of the personal volume points for the reporting month.
Reward — a bonus discount for a club member, which is calculated for the reporting month according to the company's marketing plan.
Waves — regional conferences in Russia, the EAEU countries and Europe, the program of which includes speeches by speakers and management, a recognition ceremony.
Gala Dinner — a formal banquet for invited partners and company management. Held after major events. Admission is based on pre-defined lists of invitees.
Group Order — an order made by a group of buyers, but issued to one buyer. In this case, points are awarded to each individual buyer in the order.
Group Volume — the sum of the personal volume of a club member and the personal volume of members of his structure, expressed in points and cut off from below by the group volume of the Directors of the structure.
Directorate Branch — the structure of a club member with the rank of Director and above, regardless of the number of generations.
Strong Director Branch — a director branch in which the total group volume of Directors in achievable generations gives more points than the total group volume of Directors in other branches in achievable generations.
Distributor — a business partner of the company. Distributor status must be maintained. If a distributor does not meet the qualification conditions of the minimum required director rank for 12 consecutive months, he is automatically transferred to consumer status. To renew distributor status, it is necessary to re-transition to distributors.
Distributor Kit — a set of business tools for a new distributor, which includes a marketing plan form, a product catalog, a distributor weekly with a branded pen, a branded bag, and a Coral Mine mineral composition.
Achievable Director Generations — Director generations from which the Generation Bonus is accrued.
Distinction Badge — a badge awarded to a club member upon completion of each new rank qualification.
Gold for Gold — an international off-site business conference for distributors of the rank of Gold Director and above. During the week, event participants work in teams with moderators, attend master classes, and build useful networking.
Career Book — a document that describes in detail the conditions necessary to achieve a rank, and the algorithm for calculating rewards and bonuses for club members.
Club Price — the price of the company's products for club members, indicated in the price list. 20% lower than the retail price.
Club Number — a number that is assigned to each club member upon registration in Coral Club, is unique and individual.
Line (Level) — the arrangement of club members in the structure of a superior club member in the order of invitation: club members who were personally invited by a superior club member make up the first line; club members who were invited by members of the first line make up the second line, etc.
First line — everyone who registered under a club member and indicated him as a recommender.
Personal account — bonuses of a club member from another club member, which can only be spent when buying online. It is not visible to users.
Personal volume — personal purchases and transfers for the month, expressed in points.
Marketing plan is a document used to calculate distributor bonuses.
Executive vacation is a company event that only distributors of Executive rank and above can take part in, provided that they complete the promotion throughout the year, conduct their business in an environmentally friendly manner, and are loyal to the company's goals and mission. The organizers prepare a trip along the most picturesque and unique routes and a vacation in the best hotels in the world for the participants of the event. This is the only Coral Club event format that is paid for by the company.
Cumulative network volume is the total volume of points for orders of a club member and orders of its structure from the moment of joining the club.
Reporting month is the month for which bonus discounts are calculated.
Closed reporting month is the reporting month in which the bonus discount is calculated.
Sales Office — the company office where you can purchase products, hold a meeting with members of your structure and a master class on using Coral Club products.
Generation — the depth of the Director / Executive's location in the structure of superior Directors / Executives.
Consumer — a club member who has placed and paid for a one-time starting order for 12 or more points within 90 days of registering with the company.
Premium Consumer — a club member becomes a premium consumer upon accumulating 500 points for all personal purchases, as well as for purchases on his recommendation.
Simple order - an order from a club member, which involves the accrual of points for calculating bonuses.
Rank — club member qualification, which is determined by personal, group and network volume, structure parameters:
Ranks according to the Marketing Plan:
Directorate group:
Executive group:
To confirm the rank and receive the badge of distinction, you must fulfill the qualification conditions for the rank according to the marketing plan:
- for Director - one month;
- for distributors from the rank of Silver Director to the rank of Executive - two months in a row;
- to confirm the rank of Silver Executive and above, you must fulfill the qualification conditions for the rank for three months in a row.
The first month of closing in a new rank starting with Silver Director is considered an open rank.
Recommender is a club member who invited and registered a new club member.
Referral link is an individual link of a club member, which can be used to purchase products or register a new club member.
Network Volume of Generations (NVG) — the sum of the group volume of a club member and the group volume of Directors of its structure in achievable generations.
Balanced Network Volume of Directors' Generations (NVG*) — from the rank of Diamond Director to the rank of Silver Executive, the condition of the balance of points between branches (NVG*) is added to the required network volume of generations (NVG). A strong branch is considered to be the one in which the total GO of Directors in achievable generations gives the largest number of points than the total GO of directors in other branches in achievable generations. To determine NVG*, all branches, except for the strong one, must have at least half of the NVG* required for the rank.
Automatic selection system — a service for automatic selection of a consultant from Coral Club (distributor from Emerald Director and above) for those who register on the site as a club member without a recommender.
Starter order — a one-time order that must be placed and paid for by a candidate for club membership to activate a club number. The minimum size of the starting order is 12 points and can be changed in accordance with the company's rules.
Structure — a hierarchical organization of registered for a specific club member.
Transfer — transfer of points from a transfer account to the personal volume of a club member.
Transfer order (TO) — an order of a club member, issued for the purpose of crediting points to a transfer account. In the technical specifications for a product participating in the monthly promotion, an additional promotional product is not issued/accrued.
Transfer account — a reserve account, points from which can be distributed (transferred): either by the account owner to his Personal Volume or to the Personal Volume of any club member at his own discretion, or by the company to the Personal Volume of the account owner by automatic debiting.
Forum is a large-scale event that is held in different regions (Russia, Europe, Central Asia) once a year. The program of the event includes speeches by speakers and management, a recognition ceremony and a show program.
Club Member — identified by a club number, has the right to purchase products at club prices, participates in calculations for qualification and Bonus discounts:
- its structure is transferred to the nearest active superior CH;
- unused bonuses are saved and can be used at the time of activation or after it;
- the cumulative network volume is saved.
Club member candidate is a club member who has completed the registration process, received a club number, but has not yet paid for the starting order.
Extrabonus is an additional bonus of 50 USD. for a group volume of 750 or more points for members of the director rank club.
Coral Business Academy is a training platform for club members, a knowledge base that allows you to learn distribution skills and take additional courses.
Coral ID is a unique user ID for logging into all digital products of the company (equal to a club number).
Coral Wallet is a current account in national currency, funds from which can be used to pay for orders. Coral Wallet includes a personal account and a bonus account.
MyPromo is a section of the site where club members can create a landing page (single-page site) in several languages to attract partners.
ExTra is an online business conference with high access, the program of which includes a discussion of business cases and strategies, speeches by leaders and company management, a recognition ceremony. From Silver Executive and above upon fulfillment of special conditions.