{"id":6933,"date":"2017-03-23T17:48:26","date_gmt":"2017-03-23T21:48:26","guid":{"rendered":"http:\/\/axelme.com\/?page_id=6933"},"modified":"2019-03-13T17:04:54","modified_gmt":"2019-03-13T21:04:54","slug":"nu-skin-glossary","status":"publish","type":"page","link":"https:\/\/axelme.com\/nu-skin-glossary\/","title":{"rendered":"Nu Skin Glossary"},"content":{"rendered":"<h1><span style=\"color: #000000;\"><a style=\"color: #000000;\" href=\"https:\/\/www.nuskin.com\/en_US\/corporate\/help\/glossary_of_terms.html\" target=\"_blank\" rel=\"noopener noreferrer\">Find it Here<\/a><\/span><\/h1>\n<article id=\"mainWrapper\" class=\"test\">\n<div class=\"container ns-atomic\">\n<div class=\"breadcrumb\"><\/div>\n<div id=\"content\">\n<div id=\"generalContent\" class=\"clearfix\">\n<div class=\"mainBody col2\">\n<div class=\"parsys bodyContent\">\n<div class=\"section title\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<aside id=\"rightNavSideBar\" class=\"ns-atomic\">\n<div class=\"wrapper\">\n<div>\n<div id=\"mainContainer\" class=\"container ns-atomic hide-transition\">\n<div id=\"content\">\n<div id=\"generalContent\" class=\"clearfix\">\n<div class=\"mainBody col2\">\n<div class=\"bodyContent parsys\">\n<div class=\"title section\">\n<h1>GLOSSARY OF TERMS<\/h1>\n<\/div>\n<div class=\"text parbase section\"><strong>BRAND AFFILIATE<\/strong>\u2014Any person authorized to sell Nu Skin\u2019s Products, pursuant to a Brand Affiliate Agreement (BAA). All Product purchases are optional.&nbsp;<\/p>\n<p><strong>BRAND AFFILIATE AGREEMENT (BAA)<\/strong>\u2014A contract required to become a Brand Affiliate. After Nu Skin accepts the Brand Affiliate Agreement, an individual is classified as a Brand Affiliate and is able to Register customers and resell Product.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>BRAND REPRESENTATIVE (BR)<\/strong>\u2014An individual who has completed Qualification, as well as a generic term used to refer to all Brand Representatives and above, regardless of Title. To maintain Brand Representative status, you must complete at least 4 Building Blocks each calendar month (or use Flex Blocks to substitute for missing Building Blocks). If you fail to maintain your Brand Representative status, any Brand Representatives on your Team will be moved to the Team of your direct Brand Representative. You have the option to Restart for a limited time, and, if successful, you may regain the Brand Representatives that were on your Team, along with any Flex Blocks previously accrued. Please see the Additional Details \u2013 Restart, or contact your account manager for more information.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>BUILDING BLOCK<\/strong>\u2014A measurement of Sales Volume. A Building Block is only considered complete when it has 500 points of Sales Volume. A Building Block with less than 500 points of Sales Volume is referred to as incomplete.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>BUILDING BONUS (BB)<\/strong>\u2014All Brand Representatives are eligible to receive a Building Bonus on completed Building Blocks. Brand Representatives who complete 4 or more Building Blocks in a month (excluding Flex Blocks) are also eligible to receive a Building Bonus on any incomplete Building Block at the end of the month. The percentage paid on an incomplete Building Block is equivalent to the percentage paid on the last completed Building Block of the month. Incomplete Building Blocks are paid on the 8th of the following month. Brand Affiliates and Qualifying Brand Representatives are not eligible for Building Bonuses. No Building Bonus is paid on Flex Blocks. Building Bonus is calculated on the CSV of each individual Building Block. The percentage associated with a Building Block is only applicable to that specific Building Block and does not apply to any previous completed Building Blocks.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>BUSINESS BUILDER POSITION (BBP)<\/strong>\u2014An incentive to motivate successful Brand Representatives to continue building their sales Team. A Business Builder Position is a second position that is awarded to a Brand Representative who has been paid as an Executive Brand Director for 1 month. The BBP is established on the 1st generation of the Executive Brand Director (parent account). By building a Team of Brand Representatives under the BBP, the parent account is eligible to receive 5% Leading Bonus on 6 Generations of Brand Representatives and the BBP is eligible to receive 5% Leading Bonus on 6 Generations of Brand Representatives. The owner of the BBP and parent account may receive up to 10% on the CSV of overlapping Generations between the parent account and BBP. For full information about Business Builder Positions, contact your account manager.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>COMMISSIONABLE SALES VALUE (CSV)<\/strong>\u2014A currency value, associated with each Product, used to determine Building and Leading Bonuses. CSV for each Product may change from time to time. Contact your market or referring Brand Affiliate for Product-specific pricing, Sharing Bonus details, Commissionable Sales Value, and other sales compensation information.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>FLEX BLOCK<\/strong>\u2014A Building Block substitute that is automatically used to maintain your status as a Brand Representative if you do not complete 4 or more Building Blocks in a calendar month. In any month that you use a Flex Block, you will still be eligible for Building Bonuses on completed Building Blocks; however, you will not be eligible for any Leading Bonus. Flex Blocks do not provide Sales Volume, CSV, have no monetary value, and can\u2019t ever be redeemed for cash\u2014they are only used to help maintain Brand Representative status. A maximum of 3 Flex Blocks can be used each calendar month. There is no limit to the number of Flex Blocks that can be accumulated. Flex Blocks do not expire and are non-transferable. Any accumulated Flex Blocks will be forfeited if you fail to maintain your Brand Representative status. Check out Additional Details \u2013 Flex Blocks for more information.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>GENERATION<\/strong>\u2014A simple way to help you organize your Team. Every Brand Representative you directly lead is part of your 1st Generation (G1). Every Brand Representative your G1 Brand Representatives directly lead is part of your 2nd Generation (G2), and so forth.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>GROUP<\/strong>\u2014Your Group consists of you and all your Retail Customers, Members, Brand Affiliates, and Qualifying Brand Representatives. Your Brand Representatives and their Groups are not included in your Group. All sales made by those in your Group contribute to your Building Blocks and your Group\u2019s Commissionable Sales Value.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>LEADERSHIP TEAM (LT)<\/strong>\u2014See Lead \u2013 Be an Epic Leader for details.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>LEADERSHIP TEAM SALES VOLUME (LTSV)<\/strong>\u2014A G1 Brand Representative\u2019s LTSV is the sum of all your G1\u2013G6 Sales Volume from that G1 Brand Representative.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>LEADING BONUS<\/strong>\u2014See Lead \u2013 Monthly Pay for more details.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>LETTER OF INTENT (LOI)<\/strong>\u2014A document or online notice that a Brand Affiliate signs to notify Nu Skin of their intention to enter Qualification and become a Qualifying Brand Representative. Once submitted and accepted by Nu Skin, a Brand Affiliate is referred to as a \u201cQBR1\u201d for their first month of Qualification, \u201cQBR2\u201d for their second month, etc. If a Brand Affiliate has been a Qualifying Brand Representativer in the past and wishes to enter Qualification again, that Brand Affiliate must submit a new Letter of Intent.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>MEMBER<\/strong>\u2014A non-Brand Affiliate who is Registered by a Brand Affiliate and can purchase Nu Skin Products at the Member Price. A Member is not authorized to Register Brand Affiliates or resell Products.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>MEMBER PRICE<\/strong>\u2014The purchase price of Products for both Members and Brand Affiliates. Member Price may occasionally be discounted below normal listings for promotions and incentives, as determined by the local market.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>PRESIDENTIAL DIRECTOR BUSINESS BUILDER POSITION (PD BBP)<\/strong>\u2014An incentive to motivate successful Brand Representatives to continue building their sales Team. A PD BBP is a third position that is awarded to a Brand Representative who has finished the first month of Qualification to be recognized as a Presidential Director. The PD BBP is established on the 1st Generation of the parent\u2019s BBP account. By building a team of Brand Representatives under the BBP, the parent account is eligible to receive 5% Leading Bonus on 6 Generations of Brand Representatives, the BBP is eligible to receive 5% Leading Bonus on 6 Generations of Brand Representatives, and the PD BBP is also eligible to receive 5% Leading Bonus on 6 Generations of Brand Representatives. This means that the parent account may receive up to 15% and the BBP may receive up to 10% on the CSV of overlapping Generations between the parent, BBP, and PD BBP accounts. For full information, contact your account manager.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>PRODUCT<\/strong>\u2014Includes all products and services sold by Nu Skin and its Brand Affiliates.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>QUALIFICATION<\/strong>\u2014The process Brand Affiliates undergo to become Brand Representatives. You begin Qualification by submitting a Letter of Intent and are reclassified as a Qualifying Brand Representative. After accumulating the requisite number of Building Blocks and Sharing Blocks within 6 calendar months, you finish Qualification and are reclassified as a Brand Representative. Please see Build \u2013 Qualification for more details.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>QUALIFYING BRAND REPRESENTATIVE (QBR)<\/strong>\u2014A Brand Affiliate who has submitted their Letter of Intent and begun, but not finished, Qualification. Please see Build \u2013 Qualification for more details.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>REGISTER<\/strong>\u2014Refers to personally enrolling Retail Customers, Members, or Brand Affiliates with Nu Skin.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>RETAIL CUSTOMER<\/strong>\u2014Anyone who is not a Brand Affiliate or Member who purchases Product either from a Brand Affiliate or directly from Nu Skin.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>RETAIL PROFIT<\/strong>\u2014The difference between your total costs (including the Member Price, cost of shipping, etc.) and the price you sell a Product for.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>RETAILING BONUS (RB)<\/strong>\u2014The difference between the Member Price and the price paid by your Retail Customers (excluding shipping costs and taxes) when they purchase Products directly from Nu Skin.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>SALES VOLUME<\/strong>\u2014A point system Nu Skin uses to compare the relative value of Products across various currencies and markets. Each Product is assigned a specific amount of points of Sales Volume. Sharing Blocks, Building Blocks, and Leadership Team Sales Volume are all comprised of Sales Volume. Sales Volume is different from Commissionable Sales Value.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>SHARING BLOCK (SB)<\/strong>\u2014A subset of Building Blocks that consists of 500 points of Sales Volume that only come from purchases made by Retail Customers, Members, Brand Affiliates, and Qualifying Brand Representatives who you\u2019ve personally Registered. Your personal purchases do not count toward Sharing Blocks. Sharing Blocks are only applicable to Qualification and are a subcategory of Building Blocks. Therefore, all Sharing Blocks are Building Blocks, but not all Building Blocks are Sharing Blocks.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>SHARING BONUS<\/strong>\u2014Please see Share \u2013 Daily Pay for more details.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>TEAM<\/strong>\u2014Your Team consists of your Group and all Groups on which you are eligible to be paid a Leading Bonus.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>TITLE<\/strong>\u2014Refers to Members, Brand Affiliates, Qualifying Brand Representatives, and Brand Representative Titles. Brand Representative Titles are determined by the number of G1 Brand Representatives and Leadership Teams and are used to determine the number of Generations you can be paid a Leading Bonus on. Please see the Lead \u2013 Titles and Leading Bonus chart for each Title\u2019s specific requirements.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>VELOCITY ACCOUNT<\/strong>\u2014A digital account that reflects all compensation activity, adjustments, and payments distributed by Nu Skin. You receive a Velocity Account when you become a Brand Affiliate. You can transfer your total available balance from your Velocity Account to any designated financial institution account at any time. However, fees may be associated with these transfers, depending on your market policies and\/or the receiving financial institution. Nu Skin automatically transfers your remaining Velocity Account balance free of charge at the start of each weekly and monthly pay period. You are responsible for all fees associated with any transfer you initiate. There is a [$10 USD] minimum required for automated transfers. Transfers you initiate do not have a minimum balance requirement. Velocity Accounts do not accrue interest. You can view your Velocity Account through Nu Skin\u2019s Brand Affiliate online portal.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"sideBar\">\n<div class=\"module sideNav\">\n<div class=\"secondaryNav secondarynav list parbase\">\n<ul id=\"sec-nav-list\">\n<li><a href=\"https:\/\/www.nuskin.com\/content\/nuskin\/en_US\/corporate\/help\/executive-support.html\">EXECUTIVE SUPPORT<\/a><\/li>\n<li><a href=\"https:\/\/www.nuskin.com\/content\/nuskin\/en_US\/corporate\/help\/help1.html\">HELP<\/a><\/li>\n<li><a href=\"https:\/\/www.nuskin.com\/content\/nuskin\/en_US\/corporate\/help\/contact.html\">CONTACT<\/a><\/li>\n<li><a href=\"https:\/\/www.nuskin.com\/content\/nuskin\/en_US\/corporate\/help\/glossary_of_terms.html\">GLOSSARY OF TERMS<\/a><\/li>\n<li><a href=\"https:\/\/www.nuskin.com\/content\/nuskin\/en_US\/corporate\/help\/shipping_returns.html\">SHIPPING<\/a><\/li>\n<li class=\"last\"><a href=\"https:\/\/www.nuskin.com\/content\/nuskin\/en_US\/corporate\/help\/refund.html\" target=\"_blank\" rel=\"noopener noreferrer\">REFUND POLICY<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div><\/div>\n<div class=\"bottomright\">\n<div class=\"bottomright parsys\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"nsFooterCustomer nsFooter\">JOIN NU SKIN BECOME A BRAND AFFILIATE<\/div>\n<\/div>\n<\/aside>\n","protected":false},"excerpt":{"rendered":"<p>Find it Here GLOSSARY OF TERMS BRAND AFFILIATE\u2014Any person authorized to sell Nu Skin\u2019s Products, pursuant to a Brand Affiliate Agreement (BAA). All Product purchases are optional.&nbsp; BRAND AFFILIATE AGREEMENT&#8230; <\/p>\n<div class=\"clear\"><\/div>\n<p><a href=\"https:\/\/axelme.com\/nu-skin-glossary\/\" class=\"gdlr-button with-border excerpt-read-more\">Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":6934,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/axelme.com\/wp-json\/wp\/v2\/pages\/6933"}],"collection":[{"href":"https:\/\/axelme.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/axelme.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/axelme.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/axelme.com\/wp-json\/wp\/v2\/comments?post=6933"}],"version-history":[{"count":1,"href":"https:\/\/axelme.com\/wp-json\/wp\/v2\/pages\/6933\/revisions"}],"predecessor-version":[{"id":25578,"href":"https:\/\/axelme.com\/wp-json\/wp\/v2\/pages\/6933\/revisions\/25578"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axelme.com\/wp-json\/wp\/v2\/media\/6934"}],"wp:attachment":[{"href":"https:\/\/axelme.com\/wp-json\/wp\/v2\/media?parent=6933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}