Pin level Amway
As IBOs advance in the business, they are awarded several levels of recognition and are given numerous commemorative pins. (At least Silver Producer)
The highest award level obtained by an IBO is the Pin Level.
Amway is an international direct selling corporation that sells a wide variety of items, such as those for beauty, health and wellness, personal care, and home care. Amway's Pin Levels system is one of the most important aspects of their business strategy. This system allows Amway's Independent Business Owners (IBOs) to monitor their own development and evaluate their own level of success.
IBOs have a way to monitor and keep track of their personal growth and progression inside the Amway business thanks to the Pin Levels system. Within the Amway system, there are a total of thirteen different Pin Levels, each of which comes with its own set of requirements as well as perks. Let's take a more in-depth look at each Pin Level, as well as the requirements necessary to reach each one.
The first level in the Pin Levels system is the Silver Pin, which is also the name of this level. In order to advance to this level, an Independent Business Owner (IBO) needs to have a personal volume (PV) of at least 3,000 points and a group volume (GV) of at least 9,000 points. Recognition and the opportunity to earn a 9% bonus on their personal volume are two of the advantages that come along with attaining the Silver Pin.
The Platinum Pin is the third level in the Pin Levels system. To earn this pin, you must first earn the Gold Pin. An Independent Business Owner (IBO) needs to have a personal volume of at least 9,000 points and a group volume of at least 27,000 points in order to reach this level. Those who obtain the Platinum Pin have the possibility to receive a 15 percent volume bonus on their own sales and are given the chance to participate in special events and trainings, in addition to receiving enhanced recognition for their efforts.
The fourth level in the Pin Levels system is the Founders Platinum Pin. This pin represents the achievement of becoming a Founder. An Independent Business Owner (IBO) needs to have a personal volume of at least 12,000 points and a group volume of at least 36,000 points in order to reach this level. Increased recognition, the ability to earn an 18% bonus on their personal volume, and the opportunity to attend exclusive events and trainings are some of the benefits that come with earning the Founders Platinum Pin.
The fifth and final level of the Pin Levels system is the Sapphire Pin, also known as the Sapphire Pin. To reach this level, an Independent Business Owner (IBO) must have a personal volume of at least 15,000 points and a group volume of at least 45,000 points. Receiving a rise in recognition, the option to receive a 21% bonus on their personal volume, and the possibility of participating in exclusive events and trainings are some of the advantages that come along with earning the Sapphire Pin.
The sixth level in the Pin Levels system is the Founders Sapphire Pin. This pin represents the achievement of becoming a Founder. An Independent Business Owner (IBO) needs to have a personal volume of at least 18,000 points and a group volume of at least 54,000 points in order to reach this level. Increased recognition, the opportunity to earn a 23% bonus on their personal volume, and the chance to attend exclusive events and trainings are just some of the perks that come with earning the Founders Sapphire Pin.
The seventh and final level of the Pin Levels system is the Emerald Pin, also known as the Emerald Pin. An Independent Business Owner (IBO) needs to have a personal volume of at least 21,000 points and a group volume of at least 63,000 points in order to reach this level. The achievement of the Emerald Pin confers a number of rewards, including a raised level of recognition, the option to participate in exclusive events and trainings, and the possibility of earning a bonus of 25 percent of their own sales volume.
The eighth level in the Pin Levels system is the Founders Emerald Pin. This pin represents the achievement of becoming a Founder. An Independent Business Owner (IBO) needs to have a minimum of 25,000 points in personal volume and 75,000 points in team volume to reach this level.
group volume. Increased recognition, the ability to earn a 27% bonus on their personal volume, and the opportunity to attend exclusive events and trainings are some of the benefits that come with earning the Founders Emerald Pin.
The ninth level in the Pin Levels system is the Diamond Pin, which is also the name of this level. To reach this level, an Independent Business Owner (IBO) needs to have a personal volume of at least 30,000 points and a group volume of at least 90,000. The achievement of the Diamond Pin carries with it a number of rewards, including a raised level of recognition, the potential to receive a bonus of thirty percent of their own volume, and the chance to participate in special events and trainings.
The Founders Diamond Pin is the tenth level of the Pin Levels system. It is awarded to members who have reached the Founders Diamond Pin level. To reach this level, an Independent Business Owner (IBO) must have a personal volume of at least 40,000 points and a group volume of at least 120,000 points. Increased recognition, the opportunity to earn a 35% bonus on their personal volume, and the chance to attend exclusive events and trainings are just some of the perks that come with earning the Founders Diamond Pin.
Pin Levels include eleven different levels, the highest of which is the Executive Diamond Pin, which represents the eleventh level. An Independent Business Owner (IBO) needs to have a personal volume of at least 50,000 points and a group volume of at least 150,000 points in order to advance to this level. In addition to higher exposure, those who receive the Executive Diamond Pin also have the option to participate in exclusive events and trainings, and they are eligible to earn a bonus of up to 40 percent based on their own personal sales volume.
The Double Diamond Pin is the twelfth level in the Pin Levels system. It is denoted by the phrase "Double Diamond Pin." An Independent Business Owner (IBO) needs a minimum of 100,000 points in personal volume and 300,000 points in group volume in order to advance to this level. Receiving an enhanced level of recognition is one of the advantages of earning the Double Diamond Pin, along with the option to participate in exclusive events and trainings and the ability to receive a bonus of 45% of their own sales volume.
The Crown Pin is the pin that represents the greatest level achievable in the Pin Levels system. To reach this level, an Independent Business Owner (IBO) needs to have a personal volume of at least 250,000 points and a group volume of at least 750,000 points. The achievement of the Crown Pin carries with it the highest level of recognition, the possibility to earn a bonus equal to fifty percent of the individual's personal volume, and access to a select group of events and trainings that are invitation-only.
In conclusion, the Pin Levels system is an essential component of the Amway business model that enables Independent Business Owners to monitor their own advancement and achievement within the organization. Achieving higher Pin Levels awards the wearer with further recognition, bonuses, and invitations to events and training that are not open to the general public. IBOs should keep in mind, however, that in order to reach these Pin Levels, they will need to put in a lot of effort, show a lot of passion, and make a serious commitment to the Amway business.