For associates to receive volume from their customers/downline’s orders, the inventory items purchased need to have applicable volume amounts set.
What We’ll Cover
- Creating a New Inventory Item
- Finding the Page
- Adding a Price Adjustment
- Splitting Volume
- Fast Start Bonus Structure
Creating a New Inventory Item
The process of entering volume and bonus amounts to inventory items is part of the standard inventory creation process.
For a guide on adding inventory, see: Inventory Items and Pricing guide
Finding the Page
In Corporate Office, navigate to: Inventory > Inventory Items.
In an inventory item’s configuration, click the Price and Discounts tab.
Adding a Price Adjustment
The Price and Discounts tab is where you enter the CV (Commissionable Volume) and QV (Qualifying Volume) amounts for your item.
Click either the Edit button (on existing) or the Add Price Adjustment button (for new).
The Price and Discounts pop-up window opens.
Enter the CV Amount, QV Amount, and Bonus Paid.
Complete the rest of the form to your liking.
Click Set Price.
You now have a new price with associated volume amounts.
You can split up the volume distribution paid to an associate over a period of time.
There are two checkboxes: Split CV and Split QV. Selecting them reveals the parameters to split either CV or QV amounts.
Select the checkboxes of the volume you want to customize the distribution.
Enter the Percentage initially split at the time of purchase for the period.
Select the Frequency Type from the dropdown and enter the Frequency Amount in the field.
For example, if you set:
- Percentage = 40
- Frequency Type = week
- Frequency Amount = 6
Then the associate will be initially given 40% of their CV at the time of purchase; then, the remaining 60% will be paid 10% a week for 6 weeks.
Read more: Viewing an Order’s Volume Distribution
Fast Start Bonus Structure
The Fast Start tab can be used to set a bonus structure. These bonus structures are highly dependent on the specifics of your compensation plan, so filling out the Fast Start bonus structure should be done in collaboration with your compensation plan developer.