Posts Tagged ‘multi-level marketing software’
The Role of the Fast Start Bonus
As you’re designing your compensation plan, you may want to consider implementing a fast start bonus. Fast starts are designed to round out your primary commissions—focusing earnings on distributors your basic plan doesn’t automatically reward well. They can reward salespeople for customer acquisition or encourage new distributors to “hit the ground running.” Both versions have…
Read MoreSo, You are Thinking of Starting a Company: What You Need to Know
The direct sales industry is on the rise. I’m approached every day by people looking to enter the direct sales market with a startup company. Here at InfoTrax, we launch an average of three startup companies every month and due to the growing main-stream acceptance of direct sales, I expect the trend to continue. Starting…
Read MoreStarting an MLM Company That Will Last, Part 2 Compensation Strategy
Multilevel Marketing is big business. There are dozens of companies (including Infotrax) that sell products and services to MLMs new and old. My company has been supporting companies in the industry for decades. I have seen a lot of companies start: some fail some succeed beyond their wildest expectations, and many others fall somewhere in…
Read More5 Common Mistakes in MLM Startups
You’ve created a product or multiple products unlike anything else out there. Now, you’re excited and determined to start your own successful MLM Company. We’ve provided you with several articles to help you grow and build a successful MLM business: Starting an MLM Company that Will Last and Starting an MLM Company that Will Last Part…
Read MoreBuild your business by managing your contacts
The opportunity in a direct selling business is about building relationships with people both within the organization and outside it. Let’s talk about one of the most basic but crucial parts of relationship selling: your contacts. Giving the right kind of attention to this aspect of your business is how it will grow Start by…
Read MoreSeven Steps to Success in the MLM Industry
It was my great pleasure to work with Eric Worre to help improve my skills in the MLM business. The following are what he calls the seven skills to success in the network marketing profession. Finding prospects Many people in our business believe that if they know a lot of people, they can have a…
Read MoreDirect Sales Software
Direct sales software is an area that will make you or break you. Some well meaning programmers will tell you it is no big deal to build it yourself. You might be tempted to do this. DON’T. When you are a $200 million dollar company maybe. You need to ask yourself what business are you…
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