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What is MLM ?

MLM stands for Multi-Level Marketing. It is also commonly referred to as Network Marketing, Relationship Marketing, One-on-One Marketing, Face-to-Face Marketing and Dual Marketing. MLM or Network Marketing is a method of marketing products and services through independent representatives who refer customers to the Multi-Level Company they represent Any company can choose to use Multi-Level-Marketing to reach its customer base and any product or service can be sold this way. Network Marketing started in the USA.
Network Marketing is based on the concept of 'networking'. We all have a circle of people we know through the circumstances of our daily lives and each of these people will have their own circle of acquaintances, colleagues, family and friends.

 
Binary Plan

The Binary Plan as the name suggests is based around the number 2, which represents the maximum number of frontline associates that any business centre can have. Any additional distributors must then be placed under one of your existing frontline members. This creates a very supportive environment for new members as the easiest way for associates to achieve success is by assisting their new members to build their organisations. This team approach makes the binary plan very attractive as there is a lot of support (both initial and ongoing) as all associates within your organisation work towards achieving a common goal.

Uni Level Plan

The Unilevel compensation plan only enables you to sponsor one line of distributors, therefore everyone you sponsor is on your frontline. There are no width limitations to this plan and commissions are normally paid out on a limited depth.

Regular compensation plans pay out anywhere among 5 and 7 levels down deep. The goal of this compensation plan is to recruit many of frontline team members and then have them do that same

Matrix Level Plan

This plan allows you to build a limited width organization. For example, a 2 X 12 group means two people on your first level, and paying 12 levels deep. Other examples would be a 4 X 5, 3 X 9, etc. This is generally pretty simple and easy to understand and explain. The low volume requirements usually common to matrix plans helps make it a good plan for part-time distributors.

TriBinary / Australian Binary

Tri- Binary or Australian Binary Plan looks very similar. Only difference between during the payout for Pair matching required in Tri-Binary, where as no matching required in Australian Binary.Ready Made MLM Software has developed 10+ softwares of this kind when the trend doing well in the market.

Generation Plan

This is the most common of all the compensation plans. It is where most of the really big money is made in MLM. This big money, however, is made by a very small percentage of people. Breakaway plans are geared for full-time effort. Attrition is the highest with breakaway plans and it generally will cost more to build your business. This is a work program. It takes persistence, salesmanship, and requires the ability for you to train your recruits. Companies which use breakaway plans tend to pay higher commissions. However, the plan may be extremely difficult for most people to duplicate.

 
 
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