Network Marketing Journey

(A - H) | (I - P) | (Q - Z)

Qualifications: The volume of sales required to meet for a given achievement level. Typically these requirements are set in terms of Group Volume (GV) and Personal Volume (PV) but on occasion a company will have a recruiting requirement as well.

Recruit: A prospect who has joined your downline as a distributor.

Renewal Fee: An annual fee paid to the MLM/network marketing company, in order to maintain status as a active distributor.

Retail Profit: The amount between the wholesale price and the retail price paid your customer paid for the product.

Saturation: The debated point when an MLM/network marketing company is believed to have run out of customers and recruits–as a result they stop growing.

Sorting: The act of identifying the prospects who have the most potential and focusing your attention on them.

Sponsor: A distributor in a MLM/network marketing company who has has recruits and is training them.

Stockpiling: The practice of purchasing excessive amounts of products in order to qualify for a level of achievement.

Teleconference: A recruiting rally or business gathering conducted and attended by phone. Listeners are instructed to call in on a certain day and time to listen to the presentation or training being given.

Three-Way Calls: A prospecting technique that allows distributors to build a downline while training recruits. It is common practice in the training of a distributor to have the given distributor ‘3-way’ their sponsor in to speak with the prospect. The sponsor gives the presentation and the recruit listens.

Unilevel: A compensation plan in which you must qualify for achievement levels but the people in your downline cannot break away.

Upline: All of the people above you in a MLM/network marketing organization. Most commonly used to refer to the individuals 1, 2 and 3 levels above you.

Warm Market List: A list of personal contacts put together by new recruits made up of their warm market.

Warm Market: All potential prospects for your business whom you personally know, either because they are family members, friends, or business associates.

Width: The number of people on a distributor’s front line (first level), or the number of people allowed in a distributor’s front line by the rules of the compensation plan.

(A - H) | (I - P) | (Q - Z)

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