The Donation MLM Plan is also known as Help MLM Plan or Gift MLM Plan in MLM Business. With a low investment, Donation Plan attracts more people into it, and the people are more likely to use the donation services on a regular basis. With guarantee of money, most companies prefer donating their money, time and efforts in this plan. This one of the simplest and best Multi-Level Marketing Plan to earn higher profit in a short time.
A Donation Plans is practised in many MLM companies around
the world. Many people
are interested in joining this plan because, the simplicity and the high
returns. The Donation MLM Plan is one of the modern MLM Compensation plan in a
Network Marketing Business.
WHAT IS NETWORK MARKETING?
A Network Marketing business is also known as
Multi-Level Marketing business. This business method makes earning by building
a network chain of people and market products and its services through it. Now,
let’s dive into more details about Donation MLM Plan.
HOW DOES DONATION MLM PLAN WORK?
The basic concept of Donation Plan is
to send donations to one member and receive multiple donations from many other
members. It works by sending money to a member by the MLM Companies and receiving the amount from
multiple of members. So, each member will be benefited with multiple donation
revenues from other members. Members will donate directly to other members
without a medium in the middle. This plan will request a charge for the
executing expenses and for the registration fee.
In this plan, you have to donate any
amount and provide your proof after making your payment. Once your donation is
success, your amount will grow on a daily basis with a percentage decided by
company This is a give and take business
method, the sole structure of Donation Plan is “Giving, Sharing, Receiving”. Every company has different
condition to receive donation by customizing option of the plan.
DONATION MLM PLAN BONUS COMPENSATIONS
Donation MLM Plan has a lot of features
including different types of Bonus Compensation Plans. These Compensation Plans
are for the benefits of employees, which gives them a motivation to work hard
and reach their goals.
Ø Donation Bonus:
Donation Bonus when a
distributor donates an amount to a scheme, his sponsor will receive a certain percentage
of bonus from it. This motivates all sponsors to encourage their distributors.
Ø Matching Bonus:
Matching Bonus is the percentage of commission received by the sponsoring distributor hired on your network chain. This actually based on the earnings of distributors they've sponsored.
Ø Referral Bonus:
A Referral Bonus is a
commission received by employees for recruiting or referring clients to their
networks. This as a motivational bonus for sponsors to make distributors to be
very active in their network.
Ø Rank Bonus:
A Rank bonus is paid
to members when they complete their target and be eligible for promoting them
to the higher level or rank. The target will be depending on the company
policies, like their performance, sales, recruitments.
MERITS AND DEMERITS
OF DONATION PLAN
Donation MLM Plan is a wide MLM Plan
consisting of multiple features, there are a lot
of merits and demerit of using Donation MLM Plan in your business. But, the Merits
of Donation Plan overcome its Demerits of it. Let’s have a look at both Merits
and Demerits of Donation Plan.
MERITS
OF DONATION PLAN:
·
Best Payment
Gateway Integration.
·
Administration
unit is available.
·
Referral option
will be offered.
·
Accessibility of
the Wallet System.
·
All transaction
details will be stored.
·
Smartphone verification
for every transaction.
·
Turnover and
Expenses report submissions.
·
Regulate transactions,
donation request.
·
Can be customized
to any requirements.
·
Members are
promoted to higher stage with bonuses.
DEMERITS
OF DONATION PLAN:
·
Sometimes
receiving your bonus get delayed for, days, weeks or months.
·
The
promotion of product under this plan as compared to other plans of network
marketing is low.
·
Have
to pay for administrative charge and registration fee.
·
Only
the one who work hard will receive good results in this plan.
·
Some
companies request for large donations, it will be a problem for beginner level
clients.
CONTACT US
Techffodils
Technologies LLP
37/24 Z,
Second floor,
Calicut
Business Centre, Kallai
Calicut -
673003
Kerala,
India.
Mobile : +91 9946345177
WhatsApp : +91 9946345177
Skype
:LeadMLMSoftware
Email : support@leadmlmsoftware.com
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