That is what drives the MLM industry: The quest for a better life, a better future, and a better income.
Why did you join your Network Marketing company?
For something to do?
Yeah, right.
That is why 99% of all folks who enroll in MLM companies join for a d https://bmmagazine.co.uk/ better lifestyle, and the hope of making more money is what drives the industry.
Every company has a way they pay their distributors, known as a “Compensation Plan”, or “Comp Plan”. Every company has one and that is how you are paid by the volume you have created by the Compensation Plan.
You go out, and create Volume of sales, and you get a certain percentage of the sales. Most plans focus on the sale, or movement of products and services to the marketplace, and that is what drives the wealth vehicle.
There are different types of Comp Plans to know about and consider, and there are many more Hybrid forms. But generally there are 5 different types, and you need to really understand the Plan that your company has.
There are 5 Types of MLM Compensation Plans, and the 5 Basic Kinds of Compensation Plans are:
1) The Stairstep2) The Unilevel3) The Binary4) The Breakaway5) The Matrix
Here is a very simple and brief explanation of each: