According to a survey conducted, at least 1 out of 13 adults have participated in an MLM business ( https://en.wikipedia.org/wiki/Multi-level_marketing ). There are over 6.8 million distributors in the United States alone. This data shows the popularity of MLM industry among people. With the rising popularity, the competition to drive distributors to an MLM company is also growing.
The quality of products or services is an element that helps MLM companies to cope up with the rising competition in the market. The next factor that helps is the distributors, the frontline salesforce of a network marketing company. Distributors promote the products and the ideas of the company to the public. Thus it is critical for MLM companies to focus on the facts that motivates distributors in order to meet the company objectives.
The opportunity to earn a high commission ( https://en.wikipedia.org/wiki/Commission_(remuneration) ) for the sales effort is the driving force for any distributor. The commission or bonuses are given to a distributor according to the compensation plan chosen by the organization. There are many pre-existing plans available in the market such as Binary, Matrix, Unilevel, Generation, and Monoline. Every company modifies these plans to bring uniqueness in order to stay ahead of the curve.
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Epixel MLM software is integrated with the latest technologies such as business intelligence, intelligent automation, data analytics, etc to successfully organize every network marketing and direct selling More
Epixel Monoline MLM Software helps network marketing and direct selling organizations make better and faster decisions by offering a platform integrated with business intelligence and data analytics.
Network marketing organizations can integrate their unilevel MLM business with the Epixel system to utilize a stable back-office and commission processing system with features and tools that ensure maximum distributor engagement and high rates of sale and performance.
MLM organizations can perform industry-specific business processes with out-of-the-box functionalities that guarantee increased revenue and productivity....
Direct Sellers Association (DSA) Canada, established in 1954 has been ensuring that the direct selling industry follows the ethical policies and measures for establishing good business practices.
Many prestigious awards (https://www.dsa.ca/award/ ) such as the Ivan P. Phelan Award, Mark of Distinction Award, Community Spirit Award, Industry Innovation Award, Making...
Multilevel marketing is a popular business strategy adopted by many countries for the distribution of their products or services. The distributors can add more recruits under them and these distributors are independent. They can receive a commission or bonus based on their recruits. Some people consider this as a scam but in reality, these MLM (https://www.investopedia.com/terms/m/multi-level-marketing.asp ) strategies have been adopted by many countries and they are offering people to earn a handsome income.
Epixel Stair Step Plan MLM Software provides next-generation features and technologies that administer your entire network marketing and direct selling business by taking advantage of business intelligence, data analytics, and automation (https://en.wikipedia.org/wiki/Automation ). It enables predictive analytics (https://www.cio.com/article/3273114/what-is-predictive-analytics-transforming-data-into-future-insights.html ) so that business admin can make faster and smarter informed decisions. Epixel stairstep or breakaway MLM software is the perfect solution for MLM businesses running the stairstep or breakaway compensation structure.
Direct selling has proven to be a successful marketing model (https://smallbusiness.chron.com/direct-sales-model-advantages-32207.html ). It helps an organization to promote their products and services to potential customers and thus bring in large sales and revenue. Integrating the latest innovations and technologies can help your business to keep par with the competition and stay profitable. Marketing suite, virtual party sales prototype, customer relationship management (CRM), intelligent business tools, distributor training suite, etc are some of the high-end tools ( https://www.epixelmlmsoftware.com/blog/5-direct-sales-tools-for-mlm-companies ) that are...