MLM Glossary – G

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Garage Qualified:

Distributors who stockpile products in large amounts and store them are considered garage qualified. This is typically done in order to receive large incentives or rewards from the company. It is usually the intention of the garage qualified distributor to sell or use the products at a later date, but the sale of the product is not guaranteed, and the distributor can be left with large amounts of the product without a sale. The term “garage qualified” derives from distributors who store the products in their own garages.

Genealogy:

In a network marketing business, genealogy refers to the list of members in a downline. All members are working towards a common goal to promote the company’s product or services, but members don’t always interact with each other. Genealogy includes your recruits (team) and the people your recruits have enrolled. It’s structured like a family tree. MLM companies typically keep records of their members to keep genealogy reports ready anytime a member requests for his downline list. It may include names and contact information of all the registered downlines of a particular member. In network marketing, the more members in a genealogy, the better and the more profitable for a networker. The leader (upline), earns commissions and residual income from the products the downline members buy and sell. The list can go on and on as members continue to enroll new recruits.

Goals:

Goals are what an individual strives to achieve over time. Short-term goals are ones that can be accomplished quickly, while long-term goals will take more time. Goals that are set by the company or leader can keep a business on track towards a common direction. In network marketing, sales goals are set to keep members on a track to maintaining a successful business.

Group Volume (GV):

Volume which is generated by all purchases throughout the organization (team) of an independent distributor.

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