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FAQ

Frequently Asked Questions

VA SHARING PROGRAM


1. What is a VA Sharing Program?

This is the latest offering that we have where a group of 5 clients will share with 1 VA’s daily deals.

2. How to sign up for VA Sharing  Program?

You need to submit the following number of good deals:

 

Full time: 12 good deals per day

Part time: 8 good deals per day

Part-part time: 4 good deals per day 


You are required to submit the said number of deals for 3 consecutive days for us to determine if we can endorse you to a sharing group. (3-day Trial Period) 

3. Will I get paid for the 3-day trial?

Yes, while working during the trial period, every deal that will be tagged as GOOD will be paid $2 each. Once you have completed the 3-day trial and were able to provide the required number of GOOD deals for 3 CONSECUTIVE days, this will be included on your first pay. 


(*Please refer to the above for the required number of deals for both Part-time and Full-time slots) 

4. After I got endorsed to the VA Sharing Service, how much the monthly salary?

  • Full time: $425
  • Part time: $225
  • Part part time: $110

5. I am excited about signing up! What are the parameters for the VA Sharing Program so that I can source right away? 

 Primary parameters: 

  • Minimum $3.50 net profit with an ROI of 35%
  • Minimum $6 net profit with an ROI of 30%
  • Minimum of 10 sales rank drops per month
  • Sales drops should be higher than the number of sellers. If there are 6 sellers, minimum drops should be 10, 7:11, 8:12, 9:13. However, if the seller is already at 10 and above, sellers on the list should be able to get 2 or more sales in a month. 
  • Ex: 10 sellers = 20 drops or more.
  • Keepa History – Minimum 60 days.
  • Sales Rank History – Minimum 60 days.
  • $2 rule

        - If the product has a Buybox, you need to check                the current Buybox price and the 90-day average            price.

        - If the product has no current Buybox, compare                the 90-day Buybox average and the lowest new              seller price.

        - If the product has no current Buybox and 90-day            Buybox average, compare the lowest new seller              price and the 90-day new FBA average price.

        - If the gap between the two prices being                            compared is WITHIN $2, you can use the higher              price.

        - If the gap between the two prices being                            compared is MORE THAN $2, you have to use                  the lower price.

 

-  Other parameters will be discussed after signing up. 

 

6. Do we have a list of restricted sites for endorsement / sourcing?

We will provide modules and lists as your guide to determine sites that are recommended and not recommended for sourcing. 

 

7. Do I need to be endorsed to get the $50 referral fee?

  • Yes. Once you and your referral both get endorsed, you will get a $50 referral fee. 

     

    ** This will be given on the VA's 2nd payout, given that the client/account is active upon the 2nd payout.

8. What are the incentives I can get if I submit endorsement deals for VA Sharing?

  • $3.00 / good deal for VAs who have an existing client with LVA.
  • $2.00 / good deal for trainees, former trainees, trial VAs, and VAs who don't have a client at present.
  • Additional Incentive: 

        plus $10 (min 20 deals)

        plus $7 (min 15 deals)
        plus $5 (min 10 deals)

9. Do I need to complete the 8 good deals for Part-time and 12 good deals for Full-time to qualify for the incentives? I do not have that much time to submit 8-12 deals daily. How can I take advantage of the incentives? 

Every time you submit an endorsement deal, you get to earn $ (dollar incentive) from the good deals you have submitted. You can submit any number of deals and still get the incentive.

 

For example: 
Scenario 1: Tracy wants to get a slot on the VA Sharing Service, so she submitted 15 endorsement deals and got 8 good deals out of the 15. 
She just completed her training last week and wants to start earning ASAP. How much incentive will she get? 

 

Answer: Since she has just completed training, she belongs to the group that gets $2 for every good deal submitted. Now, she got 8 good deals on her first day of submission and, since every good deal is equivalent to $2, she will get $16 for that day alone. If she continues to submit deals and ends up with 8 good deals for Day 2, she will get $16 for Day 2 as well. 


i.e. Day 1- 8 good deals = $16.00

Day 2 - 8 good deals = $16.00 
Total of $32 for two days 


After she completes the 3-day trial (assuming that she submitted or ended up with 8 good deals again for Day 3), she gets endorsed as a part-time VA for the VA Sharing Service where she will get a month's salary of $225. 


On the other hand, if she submits at least 12 good deals for 3 consecutive days, she will be endorsed as a full-time VA for the Sharing Service and earn a monthly salary of $425. 


NOTE: If she gets endorsed to the VA Sharing Program, her first day will be included in her monthly pay. It is $11.25 per day for Part-time and $21.25 per day for Full-time. 


Scenario 2: Amy just got her full-time client from LVA and wants to earn extra from VA sharing. How can she also get incentives?

 

Answer: She can submit her extra deals and earn $3.00 per good deal. Let's say she submitted 6 deals and 3 out of the 6 were good deals. She will earn $3.00 per deal, which sums up to $9.00. If she keeps on submitting a minimum of 3 deals per day a week, she gets to earn an extra $45 per week.

 

Below is the computation:

Daily: 3 good deals x $3.00 = $9.00

Weekly: $9.00 daily x 5 days = $45.00 
Monthly: $45.00 x 4 weeks = $130 extra in a month 


NOTE: Endorsed VAS can submit deals as much as they want and just take advantage of the incentive program. There is no minimum and maximum number of deals that can be submitted. As long as you want to earn more, you are free to do so. We will also not require you to be endorsed to a VA Sharing group, even though you constantly submit 8 or 12 good deals per day. 


Scenario 3: Jade has just completed training but she still cannot provide the 8 good deals requirement per day for part-time or 12 good deals for Full-time, but wants to continue practicing so she can eventually get her own client with LVA. How can she take advantage of the VA sharing incentive?

 

Answer: Jade can submit at least 1-3 deals per day and get an incentive of $2/good deal. Let's say she was able to provide at least 2 good deals per day. Here is what it will look like: 
Daily: $2 x 2 good deal = $4.00 
Weekly: $4.00 daily x 5 days= $20.00 

Monthly: $20.00 x 4 weeks = $80 extra in a month 


Scenario 4: Andy is an applicant who wants to get hired as a VA for the Sharing Service. Does he qualify for the incentives as well? 


Answer: Yes, applicants are also entitled to get a $2/good deal from the endorsement deals they have to submit. In case he falls short in submitting the required number of deals for the 3-day trial, all his good deals will still be paid $2/deal. 


This is just the beginning. The more deals you submit, the more incentives you'll possibly get.

10. What are the benefits I can get from the VA Sharing Program?

During endorsement: You will be paid for every good deal you submit.

 

After endorsement:

$110 for Part-Part-time, $225 monthly salary for Part-time, and $425 for Full-time.


Yearly: VAs endorsed to the VA Sharing Program are also entitled to get 13th-Month Pay as long as they are on active service 1 month before the 13th-month pay is released. 


Extra incentive for non-VA Sharing VA: For VAs that have an existing client, they can earn $3.00 for every good deal they submit, while it's $2.00 per good deal for VAs without a client or those applying for the VA Sharing Service outside of LVA. 

11. I am all set. How do I submit my endorsement deals? 
 

Once you sign up, we will invite you into a Skype Group where we will provide the link to the tool where you will submit your deals.

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