1 / 16

Take Your MLM Business to New Horizons with the Right Compensation Plan

MLM companies' main focus is to attract more people and increase their brand presence across the world. Distributors play an important role in fulfilling this aim. Attracting and retaining distributors is an important aspect to be considered in an MLM firm. For that choosing the right compensation plan is essential. Many factors must be considered while choosing a compensation plan such as product/service category, product cost to selling price ratio<br>existing laws in the market and training & marketing methods. <br>Each distributor will be rewarded with compensations and bonuses for their constant efforts instantly. By this, the distributors can be motivated and increase their engagements. Apart from that, one should also keep in mind choosing the right compensation plan will bring benefits to distributors as well as for the organization. There are many pre-existing plans such as binary, monoline,unilevel, matrix, generation plan, etc. Each plan has its own advantages and one must choose the plan wisely so that you can take your MLM business to new horizons.

Download Presentation

Take Your MLM Business to New Horizons with the Right Compensation Plan

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Expand Your MLM Business to New Levels with the Right Compensation Plan By, Epixel MLM Software https://www.epixelmlmsoftware.com

  2. INTRODUCTION Compensation Plan is an inevitable part of the MLM industry. Choosing the best compensation plan is the hardest of tasks in starting an MLM business. Different compensation plans are explained here by incorporating their advantages and features. ● ● ●

  3. Important Factors For Choosing Right Compensation Plan Product/service category Product cost to selling price ratio Training & marketing methods Existing laws in the market

  4. Different Compensation Plans Binary Plan Party Plan Unilevel Plan Board Plan Matrix Plan Generation Plan Stair Step Plan Monoline Plan

  5. BINARY MLM PLAN Most popular compensation plan It is a two-legged plan Unlimited growth opportunities Enhance distributor growth by offering attractive compensations ● ● ● ● Read more: www.epixelmlmsoftware.com/binary-mlm-compensation-plan

  6. UNILEVEL MLM PLAN Also called single level plan. Distributor recruits at the primary level. Commissions will be based on the team performance. ● can add unlimited ● ● Read more: www.epixelmlmsoftware.com/unilevel-mlm-compensation-plan

  7. MATRIX MLM PLAN Matrix plan or forced matrix plan works on the principle of fixed width and depth. Sponsor will be able to earn the commission of the down lines. Appreciated by MLM companies since it multiplies income as the network grows. ● ● ● Read more: www.epixelmlmsoftware.com/matrix-mlm-compensation-plan

  8. STAIR STEP MLM PLAN Commissions are based on certain rank criteria set by the MLM companies. Once a distributor achieves the topmost rank, he will break away from the plan. Enhances distributor engagements and increases business growth. ● ● ● Read more: www.epixelmlmsoftware.com/stair-step-break-away-compensation-plan

  9. PARTY PLAN MLM Promotion of products through home-based parties. Follows a simple process - invite and sell. Offers many part-time job seekers find employment opportunities. ● ● ● Read more: www.epixelmlmsoftware.com/party-plan-mlm-compensation

  10. BOARD MLM PLAN Distributor will get a chance to rejoin a new position in a new board after recruiting downlines as per the criteria. The network marketing companies will have specific criteria set before a distributor joins the network. Enables both business and individual growth within a single tree. ● Board 1 Board 2 ● Complete New Board ● Read more: www.epixelmlmsoftware.com/board-plan-mlm-compensation

  11. GENERATION MLM PLAN Similar to Unilevel tree, each generation consists of a distributor and his/her downlines. Good retail profits and commissions from downline efforts. Most sought-after plan in Ecommerce. ● ● ● Read more: www.epixelmlmsoftware.com/generation-mlm-compensation-plan

  12. MONOLINE MLM PLAN Also called as a single-leg plan. Easy to understand and easy to manage. Distributors are placed on a first come first serve basis. ● ● ● Read more: www.epixelmlmsoftware.com/monoline-mlm-compensation-plan

  13. Top Compensation Plans followed by MLM Companies *From the list of top 100 MLM companies. Reference: www.epixelmlmsoftware.com/blog/top-solid-100-mlm-companies-in-2018

  14. Why Choose Epixel ? Choosing a right compensation plan for your MLM business will enhance customer engagements. Having a clear insight about which plans suit your business will help you to achieve your business goals. Epixel MLM Software guide you to the right way of choosing your plan and helps to increase your brand presence in the global market. ● retention and distributor ● ●

  15. Visit the link to know more: www.epixelmlmsoftware.com/mlm-plans

  16. Thank you EPIXEL MLM SOFTWARE Ring us @ +1 650 491 9744 sales@epixelsolutions.com

More Related