Good Modicare Morning to all...
In many cases, specially for the the new consultant, we often hear about, PV, BV, Downline, etc many more terms in Modicare. Some of us know about this terms and some do not. Here, in this post, I am posting about this terms.
PV
: Point Value is a unit amount assigned to
each product. The total PV associated with your monthly sales volume is tracked
to determine your performance bonus level %.
BV
: Business Volume is the value the Company assigns to each
product and is used to calculate the Consultants’ bonus and status for any
particular month. Currently the PV BV ratio is 1:
25 and is subject to change by the company from time to time.
PBV
: Personal Business Volume. This is the sum
total of BV of all products bought by you personally in any particular month.
PGBV
: Personal Group Business Volume, is the
business volume of your entire group & does not include the business volume
of qualified Director group/groups. PGBV includes your personal business volume.
GBV
: Group
Business Volume, is business volume generated by your entire group in any
particular month and includes your personal business volume.
Cumm BV : Cumulative
Business Volume, is Business volumes accumulated by your group.
Downline: Those
people directly sponsored by an Independent Consultant, plus the people
sponsored by these Independent
consultant and so on.
Leg:
Each personally sponsored Independent
Consultant on your first level is part of your total Downline
and is a separate “leg.” You and your entire organization (Downline)
are one “leg” to your sponsor.
Level:
The people you personally sponsor are
your first level. The ones they sponsor are your second level. The ones your
second level sponsors are your third level, etc.
Qualified
Director: A consultant can become a director
through the accumulation of the GBV over a period of time. However for him/her
to be qualified director in any given calendar month, he/she has to do the
required PGBV. Monthly bonuses for Director require the Director to be
qualified for the same. For all titles, monthly payouts will be determined
basis “Qualified” directors in the team.
Generation-
Director Bonus: The first Qualified Director or
above in your enrolment legs will be your first Generation and so on
Generation-
LPB: The first Qualified Senior Director or
above in your enrolment legs will be your first Generation and so on
It is a very good part-time job. For more details see Modicare Business Plans
ReplyDeleteI think it is very good job
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