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
A sustainable direct selling business model is a goal for many direct selling entrepreneurs. However, the process of achieving this may seem daunting and confusing. There are many decisions to make before beginning your direct selling journey. How will you sell products or services? Who will be your target market? Having advanced consulting services(https://www.epixelmlmsoftware.com/mlm-consulting ) for your business is the first step to achieve your goal.
The challenge for direct selling companies(https://en.wikipedia.org/wiki/List_of_multi-level_marketing_companies ) that operate is to maintain their competitive edge by constantly innovating and improving, which means keeping up with technology. Fortunately, there are software solutions designed specifically for these types of businesses. MLM compensation plan solutions are an important aspect of a direct selling company. Network marketing companies have to consider the type of compensation that will be given out, how much is being given, and what kind of strategies should be used for compensation planning. For instance, some network marketing(https://www.investopedia.com/terms/n/network-marketing.asp ) companies give higher commissions on sales, with a certain percentage going towards the downline.
With the increasing competition in this era of globalization, direct selling entrepreneurs are always on the lookout for new distributors to help them penetrate more markets. Distributor engagement and retention solutions are a key component to any business that has a distributor network. However, finding and engaging with new distributors is not easy. There are a number of reasons why distributors fail. Sometimes it's because they were never really engaged in the first place, and you'll have to spend more time on your distributor acquisition costs than planned. In other cases, there is some real engagement, but it just peters out. These situations can lead to not only increased distributor acquisition costs, but also decreased product availability for your customers. Direct selling entrepreneurs should ensure that their distributors are receiving proper training so that their productivity is increased and help to achieve more conversions.
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...
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 order to find the right customers in network marketing, direct selling entrepreneurs need to spend time on prospecting efforts and research where they are in their buying process.
It's the most important part of any sales team, but it can be a daunting experience. There are tools to help make this process easier for distributors. Automating your sales prospecting(https://www.epixelmlmsoftware.com/use-cases/sales-prospecting )lets you spend more time on what matters - building relationships and identifying quality leads.
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...
Effective Distributor Onboarding is Crucial for the Success of Your Network Marketing Business
Onboarding is the process of familiarizing a newcomer to a new environment. This is very important in a work environment. The effectiveness of onboarding strategies determines how productively your distributors would start their careers. The onboarding process is a great opportunity for distributors to learn and familiarize themselves with the strategies and leaders of the business. This creates a sense of confidence and knowledge within them, which is...
Direct Selling Industry Researches And Interesting Studies in the Year 2021
The direct selling industry has grown by 12% since 2016. In spite of the economic turbulence, this industry has seen accelerated growth in recent years and shows no signs of slowing down. In 2021, the direct selling industry stood strong to face any adverse situation(https://www.epixelmlmsoftware.com/blog/direct-selling-industry-2021 ) and even saw an increase in its revenue. In 2021, direct selling companies across the globe were awarded many accolades for their outstanding contribution,...