Referral Program
Earn Referral Fees Right Now!
Review and fill out form at bottom
We are pleased to provide Referral Fees to those who direct new buyers to our company.
Below the two clickable form review Referral Policies and FAQ'sReferral Fee Eligibility for current owners of Magnus Magnetica PEMF Devices
- Referrer must provide all required lead information, as listed in the Lead Referral Form. This insures that the referrer will be paid after a sale or rental has funded.
- The referrer's name and all related contact information must also be entered into the Lead Referral Form. If, after submission, additional leads are generated, a new Lead Referral Form must be filled out and submitted.
- Referral Form will be sent to the referrer, via email, for their own records and proof of submission.
- All leads must be submitted PRIOR to the sale or rental of a device.
- A referrer is ineligible for a referral fee if the Lead is submitted after the date and initial invoice or quote is sent to the potential buyer.
Referral Fees for any PEMF Devices earned by anyone referring a Buyer directly to Magnus Magnetica!
- Referral Fees are equal to 5% of the Net Sale
- Terms:
- Authorized Sales Agents and Affiliates determine any training fee if the new buyer requires one on one training
- Net sale amount does not include shipping fees or sales tax.
Referral fee eligibility for referring parties who do not own a Magnus Magnetica branded PEMF device, are no longer an authorized technician per the company, or lack a current "Good Standing" status at the time the lead is submitted
- Referral fees will be 50% of the above amount(s).
Other Referral Fees
- A rental or sale which does not qualify for third party financing and must be financed by the factory will receive a $200.00 referral fee for high-powered PEMF Devices.
- The sale of a demo or used/refurbished device will receive a $200.00 referral fee.
- The referral fee for the rental of a Magnus Pro X1 MP or Magnus Matrix is $100.00. Should the rental of the device turn into a purchase, the respective referral fee shall be deducted from the referral fee to be paid for the sale of the device.
Accessories instead of a monetary Referral Fee:
- Alternatively, the referrer may opt-in to receive accessories in lieu of the above referral fee.
- If the value of the accessories and their respective shipping fee is less than the referral fee, the referrer shall receive a payment covering the difference.
- If the value of the accessories and their respective shipping fee is greater than the referral fee, the referrer must pay the amount covering the difference.
Referral fees are not eligible for:
- Revenues generated from sales of additional accessories, included with the original sale or sold at a later point in time, for support or training services and related fees.
- Devices which are sold as a demo or used/refurbished.
- Tentative buyers who may be directed to call existing Magnus Magnetica customers for references about our company, or those potential buyers who may take the initiative to call on their own.
Payment of Referral Fees
- Payments of referral fees will be made within 10 business days from the date an eligible device sale has actually funded and the device is satisfactorily delivered to buyer.
- All referrers will be paid directly by Magnus Magnetica after submission of a W-9 form which shall list the referrer’s name, address and respective Tax ID. Click here to retrieve a blank W-9 Form.
- Payments shall be made in one of the following ways:
- PayPal account - Please enter the email you use on PayPal when you submit a sales lead
- Venmo - paid using @magnusmagnetica
- Magnus Magnetica’s online banking
- A bank authorized check
- ACH funding (preferred)
- At the end of each calendar year, a 1099 shall be sent to each respective payee summarizing all referral fees paid during that calendar year.