One of the most important yet least understood aspects of a network marketing opportunity is MLM compensation plans.
In fact, most of those involved in network marketing cannot provide an accurate description of how they are paid.
This lack of knowledge results in too many distributors getting involved with opportunities that are not be right for them or realistic for their efforts.
According to the modern Multi-Level Marketing (or) MLM Strategies, there is number of MLM Compensation Plans you can choose from.
Each Plan has its own advantages and limitations. Before getting into actual network marketing environment, it is vital to be familiar with the current and varying trends in Multi-Level Marketing.
But in the case of a beginner, it takes a lot of time to study and understand how each MLM Plan will work. Let’s see the possibilities of each and every MLM Compensation Plan.
The MLM Binary Plan is the first choice of most MLM business personnel or MLM company because it is simple and evergreen MLM plan that is very easy to understand for a common man. MLM Binary Plan may be 1:1 or 2:1 in which a distributor can recruits two new distributors in his left or right side and grow further sub-trees in both the sides… more about Binary MLM Plan
Donation/ Help/ Gift Plan is todays latest business plan running in the network marketing business. Gift someone to get many gifts from others. The MLM Donation Plan is most popular in International multi-level market and networkers from all over the world creating big money through this Help plan. This MLM plan also known as Money Order MLM plan… more about Donation/ Help/ Gift Plan
The MLM Matrix Plan which is also well known as Forced Matrix Plan in direct selling business, in which an MLM leader can recruits a limited members in width and depth. The Forced Matrix Plan most popular in MLM industry domestic and International market… more about Matrix MLM Plan
The Uni-level MLM Plan is a simplest MLM plan for multi-level marketing companies. Under this MLM Uni-Level Plan every promoter recruits new comers in their own frontline in unlimited width. The promoter or sponsor gets compensation up to a limited depth. Further the new comers also do their efforts to increase their frontlines and get benefited. The MLM Uni-Level Plan can become more attractive by introducing some MLM rewards upon a particular number of new comers introduced by a promoter… more about Uni Level MLM Plan
The MLM Board Plan adopted by large number of domestic and International multi-level marketing companies. The MLM customers also benefited by this board plan and earned lot of money. The MLM Board Plan is also called Revolving Matrix Plan in which member works in a group (Board). When a board consist fix number of members, it splits into two sub-boards and top one member promoted into next higher level board and gets benefited by some incentive or compensation… more about Board MLM Plan
Generation MLM Business Plan is a profit sharing based mlm plan which offers mlm companies to save expensive traditional advertisement programs like TV, Newpapers, Radio and other media sources… more about Generation Plan MLM Software
The MLM Stair Step Plan is target basis by the team effort, in which every member assigned a designation and given a set target for sale of products and services. When a down-line member sale some products or services a percentage ratio is distributed in up-lines also. This self and group sale points counted into individual account and whenever a member achieves his/her target points or sale, the member promoted for next higher step and incentives given to the achiever. So the MLM Stair Step Plan is best plan for the companies who want to sale their products or services by using the group power… more about Stair Step Plan
The MLM Australian Binary Plan is most effective MLM Plan and adopted by many multi-level marketing companies. In this Australian Binary MLM Plan every introducer needs minimum three members as front downline and compensated by the third downline recruits, no matching pairs is required to get benefited… more about Australian Binary Plan
What Type of Compensation Plan is Best for You?
I wouldn’t suggest to anyone that they choose their company based on the compensation plan alone. It may come into consideration, but there are far more important things to consider when picking a network marketing company.