Point Value/Personal Volume or PV is a measuring tool used inside MLM and networking marketing companies where the value of a product or service sold by a distributor and their team members, known as the downline can be determined. A direct selling company assigns a point value to each product or service sold; these are then added up to create a specific downline for a particular distributor.
Personal Volume Explained for Network Marketers
Understanding PV In MLM
And Network Marketing
Epixel MLM Software
www.epixelmlmsoftware.com
Introduction
• To succeed in network marketing business, the direct sales business can
make use of PV or Point Value/Personal Volume.
• With the use of PV or Point Value/Personal Volume, companies can take
effective decisions that always lead to sustainable growth.
• Point Value/Personal Volume or PV is a tool used by
networking marketing companies where the value of a
product or service sold by a distributor and their team
members, known as the downline can be determined.
Role Of PV In MLM Compensation Plans
• Retail commissions: For a sold product , there is a commission for the
distributor along with the PV.
• Team-based commissions: Here the distributors get commissions for the
product they sell and also for their downline.
• Rewards and incentives: There are some PV thresholds in direct sales that
unlock bonus rewards: Leadership bonuses, preferential travel perks, or
cash inducements.
• Rank advancement: Most MLM companies put in rank advancement
milestones based on PV generated. Distributor can get to higher ranks after
achieving certain ranks.
Why is PV critical in network
marketing?
• Performance appraisal: It is an effective way for
measuring individual achievements of the distributors to
identify strengths.
• Goal setting and motivation: Encourage distributors to
stay on course toward achieving the actionable target
provided by the PV based benchmarks.
• Fair remuneration: It links earnings directly to measurable
results, ensuring fair and transparent reward distribution
among team members, thus earning trust from the team.
Popular misunderstandings about PV
There are wide misconception about PV in the industry. Lets
check one by one.
• PV = Profit : PV shows sales activity of the company and it
does not have any relation with the profitability.
• High PV ensures success : Achieving high PV is an important,
but success not only relies in achieving this high OV. It
depends on team management, customer loyalty and
strategic planning.
• PV is the only metric that matters : No, there are other
factors that also affect success.
• PV can be easily inflated : Falsification of PV is disastrous in
respect of losing credibility and eventually organizational
stability.
Strategies to Maximize PV in MLM
• Enhance product education
• Expand downline network
• Leverage online tools
• Keep customers on priority
• Set easily achievable sales goals
• Provide right training and support
READ MORE:
https://www.epixelmlmsoftware.com
/blog/what-is-pv-network-marketing
THANK
YOU
Epixel MLM Software
www.epixelmlmsoftware.co
m
Comments