When companies are deciding which compensation plan is best for their multi-level marketing company, they can have a lot of options to consider. However, the Epixel Network Marketing Software makes it easy to decide as it provides some of the most common MLM compensation plans that companies can choose from.Binary MLM Plan-The binary MLM plan is a solid and simple compensation plan with binary trees as subtrees. It's easy to understand and allows businesses to automate their processes and operations. Unilevel MLM Plan-The unilevel MLM plan is a single-level plan with unlimited frontline members. It allows distributors to maximize benefits for their joint efforts .Matrix MLM Plan - A structured plan with fixed width and depth ensures that you stay on top of client follow-ups. Matrix helps automate marketing, prospecting, training, and payout processes, enabling you to focus on growing your business.Stairstep Breakaway MLM Plan- It is a clearly-defined rank hierarchy-based plan with ranks visible to the distributor network, helping them monitor their progress.Party MLM Plan -It is an established plan that anyone can use to build their home-based business.Board MLM Plan - A hybrid plan that enables businesses to grow through boards within a single tree.Generation MLM Plan -An ideal e-commerce plan for businesses with multiple generations which are subjected to tracking and productivity.Monoline MLM Plan - A plan with a single line structure with unlimited levels that uses Monoline MLM software to allow MLM companies to advance their businesses with ease.  Multilevel marketing is an industry that works based on choosing the right compensation plan. It is essential to retain the distributors in the network. For that attractive commissions and bonuses must be paid. Also before choosing a compensation plan, one must consider different factors such as product/service category, product cost to selling price ratio, existing laws in the market, and training & marketing methods. Hosted on Acast. See acast.com/privacy for more information.

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