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Saturday, 29 September 2018 12:03

What is PV?

he products you are selling have a Point Value or PV, so that regardless of the country of sale, everyone receives the same credit for promotion within the comp plan.

In the Miessence Comp Plan PV is based on 70% of the Australian retail price for the product, minus G.S.T., and rounded to the nearest whole number. As you will see throughout the Comp Plan rarely does a reference occur to the dollar value of products. PV is used as a standardised value that ignores the different discount levels a product can be purchased for.

Example “To be considered active you must place a minimum order of 75PV each month to earn bonuses” Depending on a number of factors you could receive a discount of 20%, 30% or even 40% however the PV value of the products remain the same.

The PV per product and total PV of your order will be displayed at the check out area of your shopping cart so you are always aware of the PV value of your order.

Related items

  • What is Team Group Volume
    in Tech

    Team Group Volume or TGV is used to determine a Representative’s rank in the Compensation Plan. Also widely referred to as GV.

  • Ongoing Orders

    After your joining order the critical difference becomes whether you “are” or “are not” on BP! It goes without saying it is always best to be on BP.

  • Joining & Renewal Fees

    The Fees cover the cost of providing an online office with all the tools necessary for building a successful home-based business. The join fee can vary from $40 to free depending on how you join. To get a $0 join fee you need to join with a Super Fast Start order (600PV or higher).

  • Bonus Value

    onus Value or BV is the number assigned to a product that bonus percentages are paid on. The BV for a product varies by region and reflects the price of the product and the cost of doing business in that region. 100% of the BV is paid out through the Compensation Plan.

  • Bonus Protection

    Bonus Protection or BP is designed to ensure Representatives are eligible to receive their bonuses in case they forget to place an order during the month.