How do we keep consistency across markets? At OPTAVIA, we believe in helping to protect the value of a Coach’s business. Therefore, we will have two types of volume moving forward: Compensation Value (CV) and Qualifying Volume (QV).
Beginning July 1, we will no longer use the term Frontline Volume (FLV). Instead, volume will be the same depending on any market in which you do business as we are standardizing volume to be the same in the United States, versus Hong Kong or Singapore.
- Compensation Volume (CV) – the value assigned to any product/ item in the OPTAVIA product portfolio for the purposes of compensation calculation. All products have a Compensation Volume, ranging from 0% to 100%, of the product price. All commissions and bonuses are paid on Compensation Volume.
- Qualifying Volume (QV) – the amount assigned to an item to determine rank and bonus qualification. Qualifying Volume is used to standardize the duplication model to ensure that the level of effort for qualification remains the same over time and across markets.
We are simply communicating this adjustment before the official launch on July 1, 2019 and before you see the International Compensation Plan, which is when you will see the updates reflected in CONNECT.
For additional details on volume standardization, please refer to this video.