MLM Business set Up

MLM Business set Up

Business that involve selling products to family and friends and recruiting other people to do the same are called multi level marketing or network marketing or Direct marketing business.

There 3 types of multi level marketing based on the source of Income :

• > Income from Products
• > Income from Services
• > Income from membership

Types of MLM Compensation Plan:

• > Binary Plan: Simple and popular compensation used in MLM.
• > It is a two legged structure that promotes teamwork and offers attractive rewards while encouraging company and distributor growth. This plan is widely used because of its simplicity .
• > Matrix Plan: It is a compensation scheme in which members are arranged in a fixed number of rows and columns . since width is restricted , companies can recruit more distributors in the downline and maintain a fixed set of primary members.
• > Unilevel Plan: It has only one business plan and all the downlines of a distributor are positioned directly in that level . There is no concept of spillover and the recruiting efforts of a distributor are directly profitable for them.
• > Board Plan: It is a compensation structure suited for a network of limited members . As the name implies , a board is the highlight of this plan.
• > Monoline MLM Plan: It has a simple business model that any one can easily understand. This is also know as a single leg MLM plan or linear MLM Plan. It is the best way for newly company.
• > Party MLM Plan: It is the most common, profitable and easily recognizable structures used today.
• > Distributors promote the pan by arranging social gatherings in which products will be displayed and demonstrated.
• > Cosmetics and kitchen utilities are the most common products sold using this plan.
• > Generation MLM Plan: Its functionality is based on profit sharing. It is also called Gap commission plan or repurchase plan. Your results and income will be very much dependent on the performance of your downline.
• > Gift Plan: It is also called Donation or Helping plan. This plan is commonly implemented in crowdfunding initiatives an donation endeavours.
• > Star Step Plan: Distributor and their team breakaway after they reach the top rank. This breakaway team is then placed as a new tree or leg directly below the admin. Members can develop larger team and accumulate commission from deeper downline levels.
• > Australian X-Up Plan: It is a variation of the popular unilevel MLM Plan. Members of network have to pass their first X sales to their upline. After passing up the first X sales , members can gain their earning from their upcoming sales. The plan can be indefinitely deep and can pay larger amounts of commissions on product sales.
• > Hybrid MLM Plan: It combines the best parts of multiple MLM Compensation structures .
• > The most popular combination a hybrid of unilevel and binary plans. It can be customized according to the requirements of the company.
• > Australian Binary Plan: It is the variation of the tri-binary MLM Plan. Members have the option to choose options to sponsor more than two direct downlines.

What we will do :

• > Business Formation.
• > Plan Legalizing
• > Project consulting
• > Marketing strategy
• > Training
• > Statutory Compliance
• > Consumer affairs Compliance
• > Alliances
• > Yearly compliances

For more Information, please feel free to contact whatsapp or request to call back