Cosway Store Application and Selection Guidelines

(Effective 1st August 2014)

• Open for all eCosway Business Owners.
• Malaysian citizen, Male or Female above 18 years old.
• Able to understand English and computer literate.
• Able to fulfill all the standard requirements including passing the evaluation of various
assessment including the POS (Point of Sales) training and the completion of all necessary
legal documents including the RM10,000 refundable security deposit.
• Able to provide guarantors. The details are stated on the application form.
• Commit and take charge of the business on full-time basis.
• Other detail such as the operational hours, sales commission are stated in the Operator
Terms and Conditions.
• The company reserves the final discretion on the selection.

Store Sales Guarantee Scheme

• The applicant and the upline must be willing to guarantee the store sales.
• Each store will be given monthly target respectively. The operator and the upline are going
to guarantee at least 75% of store sales target, otherwise the operator and upline will share
the store rental base on a scheme. (as shown in the following table)

Percentage Sales
Rental Rate Paid by Rental Rate Paid by Rental Rate Paid by
Achievement Against
Cosway Operator the Upline
Sales Target

More than & Equal to

1 100% No No
75% (≥ 75%)

50.00% to 25.01%
More than & Equal To 50.00% to 74.99%
(Depend on monthly
2 50% To less than 75% (Depend on monthly sales No
sales not achieved
(50.00% to 74.99%) achievement by SO)
by SO)
49.99 % to 0.01%
0.01% to 49.99% Upline pay the balance
50% Below 50.00%
3 (Depend on monthly sales monthly rental rate
(< 50%) (fixed)
achievement by SO) (after paid by Cosway/
Store Operator)

• Monthly Rental: RM5,000

Example:
• Given Store Sales Target: RM100,000 a month

Scenario 1 Scenario 2 Scenario 3

Actual Sales
RM76,000 RM65,000 RM45,000
Target Achieved

% of Target
76% 65% 45%
Achieved

Company: 100% (RM5,000) Company: 65% (RM3,250) Company: 45% (RM2,250)

Rental Paid by Operator: Nil Operator: 35% (RM1,750) Operator: 50% (RM2,500)
Upline: Nil Upline: Nil Upline: 5% (RM250)

Updated: 1st August 2014