Businesses are built over grit, perseverance, and hard work. If you are into a business you sure can relate the uphill battle that needs to be won every day to survive and thrive in the business era. In short, businesses involve too many challenges and MLM is not an exception. Every MLM business whether big…
Want to learn the best MLM presentation skills for success? This post will give you a complete overview. MLM is a part of the direct selling industry. A significant chunk of doing MLM business is about customer engagement, persuasion, and closing sales. But it can only happen when you can convincingly present yourself. When you…
MLM plan and MLM software are the two core aspects of network marketing. The compensation plan regulates your commission structure, downline alignment, and ultimately the commissions, rewards, and benefits the team member will receive. On the other hand, the MLM software actually puts the compensation plan into practice. In short, an MLM compensation plan is…
Why do MLM companies fail? It’s an intriguing question, one that needs answering right away if you have decided to venture into direct selling. After all, if you know the reasons for failure you can devise a strategy that can effectively mitigate them. This way you can ensure the long-term sustainability of your MLM business. …
The entire business premise of the modern-day digital age revolves around earning residual income or passive income, whatever you call it. You might stumble upon online ads with breakthrough business ideas promising continuous residual income. Well, the idea does seem lucrative, but only a few businesses actually pay residual income and MLM is one of…
Believe it or not, there’s a majority of office-going people stuck in the 9 to 5 job who dream of owning a business. Why? Because of the freedom and flexibility that comes with it. It’s an alluring possibility that promises flexible working hours, living out your dream, and making more money than a job setup. …
Want to learn about MLM Stacking? You are at the ring place. If you have some experience in MLM, you must know the importance of a compensation plan. There are numerous compensation plans but they all have the same purpose. Firstly, they define how a distributor will be arranged in the MLM network and secondly, it…
An MLM business is governed by the compensation plan it follows. Interestingly, the compensation plan has a huge say in the overall growth of the MLM business. Now, compensation plans are of many types, some are straightforward like Unilevel while others are complex like Forced Matrix or Breakaway plan. In this post, we will discuss…
MLM has proven time and again that it’s an effective marketing strategy. Numerous companies have implemented and achieved unprecedented results. However, if you are venturing into the MLM world, it’s prudent to ensure MLM compliance. It will help you tread the dynamic MLM world safely and avoid legal penalties. Besides, MLM compliance helps build trust…
Just like any other segment, the direct selling industry caters to the travel business too. Numerous companies ( InCruises, MWR Life, etc.) have successfully applied the MLM model to the travel industry and are making considerable profits. But here again, MLM brings several complexities that need to be resolved. The usual ones are network handling,…