Posts Tagged ‘Compensation Plans’
The Perfect Compensation Plan (Part 2)
I’ve been working with MLM companies and compensation plans for over 30 years, and one common misconception is that there is a “Perfect Compensation Plan” that would work for any company. There are several reasons as to why there is no perfect compensation plan; and in my next few posts I will discuss some of…
Read MoreThe Perfect Compensation Plan
I’ve been working with MLM companies and compensation plans for over 30 years, and one common misconception is that there is a “Perfect Compensation Plan” that would work for any company. There are several reasons as to why there is no perfect compensation plan; and in my next few posts I will discuss some of…
Read MoreCommon Compensation Plan Mistakes
At our Direct Selling Edge Conference for new and young network marketing and party plan companies, I presented three sessions on compensation plans. Toward the end of the third segment, I shared with the attendees eight common compensation plan design mistakes. These are very important, so I am sharing them with you now. Too High Rank Qualifications…
Read MoreThe Three Proven Commission Plans – Part 3: Hybrid Uni-level
Most of the MLM commission plans that are called Uni-levels today are actually Hybrid Uni-levels. Typically, the Uni-level Plan is the backbone and then other commissions like fast starts and/or pool bonuses are added to increase earnings. So, this Plan features a level commission as the primary commission. Some of the common additions to the…
Read MoreParty Plan Trends: A Conversation with Nicki Keohohou
I spent a few minutes talking with Nicki Keohohou the co-founder and CEO of the Direct Selling Worldwide Alliance (http://dswa.org/). Nicki has spent a lifetime working with direct sellers. She speaks to distributors from a wide range of direct selling companies such as Avon, Mary Kay, USANA and the list continues. She stated that this…
Read MoreThe Perfect Compensation Plan
I’ve been working with MLM companies and compensation plans for over 30 years, and one common misconception is that there is a “perfect compensation plan” that would work for any company. There is no perfect compensation plan, but there is a golden rule which, when applied, will create favorable compensation results for the company’s unique…
Read MoreThe Three Proven Commission Plans – Part 5: Breakaway, Hybrid Uni-level, Binary – Differences
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