When trying to find the Best MLM Opportunities out there, Comp plans is probably the most confusing part.
Many veteran network marketers have a hard time understanding them. For the newbie, MLM Comp Plans are as complicated as advanced calculus. The good news is, they can be broken down quite easily.
The Best MLM Opportunities out there will always use a unilevel plan, no matrix, binary, 2-up or any of that nonsense.
From there, it is simply a matter of figuring how much they pay per level, residual, to figure out how many people you need to hit your income goal. Ignore all the bonuses for now. Most of those are not residual and many you will not qualify for anytime soon.
If you want more info on the different types of MLM comp plans, check out the MLM Compensation Plans page of this blog.
Many veteran network marketers have a hard time understanding them. For the newbie, MLM Comp Plans are as complicated as advanced calculus. The good news is, they can be broken down quite easily.
The Best MLM Opportunities out there will always use a unilevel plan, no matrix, binary, 2-up or any of that nonsense.
From there, it is simply a matter of figuring how much they pay per level, residual, to figure out how many people you need to hit your income goal. Ignore all the bonuses for now. Most of those are not residual and many you will not qualify for anytime soon.
If you want more info on the different types of MLM comp plans, check out the MLM Compensation Plans page of this blog.
Good words!
ReplyDeleteThank you Oc-Koo. There are so many compensation plans out there that have serious issues, I feel this is a topic that can never be discussed too much.
ReplyDelete