OceanGrown International (OGI), (Salt Lake City, Utah) announced on January 24th, 2008, that it will introduce the network marketing industry to a fresh new approach to compensation plans, Floating Compensation.
Floating Compensation is the innovation to carry the business models, both direct sales and network marketing, forward. Typically, with network marketing, sales volume fluctuates by levels. Floating Compensation pays a bonus percentage on a Representative’s largest level of sales, maximizing commission payout.
OGI is the first company to fuse direct sales with a residual business structure and the OceanGrown Rewards program has focus on retail sales commissions. The Retailer Bonus builds incentives for OGI Reps to sustain their businesses based on sales of OceanGrown’s products. The focus on products sold versus the number of people recruited allows for Reps to have a business of longevity and attract a solid customer base.
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