Social media platforms have an important role in changing the way we live ( https://www.apa.org/members/content/social-media-research ). For many years it has been part of our daily lives as it allows us to connect with friends and loved ones. However, lately, the attitude of people towards social media platforms is changing. Social media platforms are scrutinized now more than ever. The major reason for this backlash is that more people are getting involved in social media and it is also impacting our daily lives. As a result of this backlash, major platforms have made phenomenal changes in their guidelines. The latest on the list is the young and growing platform TikTok.
TikTok has a user base of around 800 million. At the end of 2020, TikTok made major updates in its guidelines. One update that caught everyone's attention was their take on MLM. Along with banning Ponzi and pyramid schemes, TikTok also banned the upload of MLM contents ( https://www.tiktok.com/community-guidelines ).
MLM or network marketing ( https://en.wikipedia.org/wiki/Multi-level_marketing )is a type of business model where products and services are sold directly to consumers. This legit business model has been around since the 18th century. With the advancement of technology, the distributors of MLM companies started to find their customers through social media. This window of opportunity has been exploited by many fake MLM companies by spreading false claims and misleading information to lure more people to their business. By this ban, influencers spreading false claims have lost their space. Thus MLM companies who sell their products and services lawfully can now flourish their business. Read more from the blog https://www.epixelmlmsoftware.com/industry-news/tiktok-bans-pyramid-ponzi-mlm-schemes
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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.
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MLM software is an integral part of the MLM industry. It helps the MLM companies or admin teams in organizing, managing, and controlling the entire business. The development face of MLM software is directly influenced by many factors. Let’s look into some of the commonly faced challenges. Visit the blog https://www.epixelmlmsoftware.com/blog/mlm-software-development-challenges for a complete understanding.
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Direct selling companies following generation compensation structure offer several bonus structures such as generation bonus, referral bonus, team sales bonus, retail commission, etc. Epixel also allows adding custom bonus structures as demanded by the business plan. It also allows easy customizations that offer an MLM...