Dhanesh Haridas, Chief technical officer at Epixel MLM Software is a passionate and enthusiastic business person with 10+ years of experience in Software field.
CTO at Epixel MLM Software
3651 Lindell Rd., Suite D1050, Las Vegas, Nevada 89103
Dhanesh Haridas, Chief technical officer at Epixel MLM Software is a passionate and enthusiastic business person with 10+ years of experience in Software field.
CTO at Epixel MLM Software
3651 Lindell Rd., Suite D1050, Las Vegas, Nevada 89103
Dhanesh Haridas, Chief technical officer at Epixel MLM Software is a passionate and enthusiastic business person with 10+ years of experience in Software field.
CTO at Epixel MLM Software
3651 Lindell Rd., Suite D1050, Las Vegas, Nevada 89103
Network marketing is a booming industry where the products are distributed through independent distributors where they can earn a handsome income. These distributors can earn a handsome income through these marketing model. The distributors can earn a commission for the sales they made as well as for the sales their downlines make. So the network marketing entrepreneur should assure that they have a proper commission system to pay these distributors. But as the network of distributors gets expanded, it would be difficult for the direct selling entrepreneur to calculate commissions manually. An effective commission management strategy (https://www.epixelmlmsoftware.com/use-cases/commission-management ) with effective plans will help direct selling organizations to pay accurate and timely compensation thus by enhancing their business growth.
A compensation plan is an important part of the direct selling business. Most of the top MLM leaders in the network marketing industry assured that choosing the right set of compensation plans leads to their success. Network marketing entrepreneurs should keep one thing in mind that the plan they are choosing must be profitable for both distributors as well as for the company also. Through constantly analyzing your commission and detecting any faults, direct selling companies can rebuild or redesign their current compensation plan.
Commission calculations are a complex process in direct selling (https://www.entrepreneur.com/article/337579 ) and, if not handled correctly, can lead to errors. By ensuring accuracy with a scalable commission engine that is able to calculate commissions in real-time regardless of the number of distributors involved, it becomes easier for network marketing entrepreneurs to ensure accurate compensation. With an easily customizable platform that allows you the flexibility to redesign your compensation structure at any time, this system ensures that no matter what happens or how big your direct selling company (https://en.wikipedia.org/wiki/List_of_multi-level_marketing_companies ) grows.
Direct selling brands are becoming more and more popular across the world. With a rise in technology, these direct selling companies have taken on new forms to cater to their ever-changing customer base. Direct selling is an excellent way to make an income, with many people joining these companies because they are looking for more flexibility in their lives. Research has been conducted and found the top direct selling brands and the countries where they are most popular. Let’s discuss...
Network marketing is a successful business model prevalent in society since 1800. Since its inception, it has faced a lot of scrutinies because most people considered this direct selling to be a scam. Now also some countries are considering this to be an illegitimate business, some countries have found the opportunities opened in this industry and successfully contributed to the economy. The important part of the direct selling organization is the distributors. These distributors are the backbone of the business...
In today’s customer-centric world, it is imperative for network marketing companies to empower their salesforce with the right knowledge. We have seen the rise of “transactional selling” in recent years. This term refers to a situation where a customer pays a company upfront for goods or services without asking any questions about what they are buying. Sales enablement strategy (https://www.epixelmlmsoftware.com/use-cases/sales-enablement )can help your direct selling company sell more and at higher margins. Here are some of the latest strategies used...
Direct Sales Planner: An All-in-One Solution for Distributors in the Direct Selling Business
Direct Sales Planner will help distributors in the direct selling business to plan ahead and organize their day-to-day activities. It helps to accelerate the growth by giving you a platform to plan your direct selling business(https://www.epixelmlmsoftware.com/direct-sales-planner ) ahead, organize various aspects of your sales process, and implement it on time with minimum effort.
The direct sales planner is a system that has been designed to solve the problems...
Any organization would want their leads to be excited about their products. Generating that interest across leads requires the delivery of relevant content at the right time. In the right way. Every business needs a strong marketing strategy to be successful. One of the most important aspects of any company's marketing plan is lead generation (https://www.epixelmlmsoftware.com/blog/mlm-lead-generation-ideas). Leads are people who have shown interest in your product or service and may be looking for more information on it. Generating leads can...
During the COVID period, many people grew more and more concerned about their health and safety. As a result, those in the industry-related health and wellness industry saw an increase in sales. The pandemic was unprecedented and left a deep impact on the world economy. It led to global economic deflation of 4.4% in 2020, according to IMF estimates. This research explores how COVID-19 affected direct selling brands and its impact on the network marketing companies themselves as well as...
