A Generation MLM Plan is similar to a single level subtree plan but with different generations level. The Generation Plan is also called as Gap Commission MLM Plan or Repurchase MLM Plan. In fact, it is a product selling MLM plan where every associate has to promotes the downline through the sale of the products and earns sales commissions, bonuses and incentives on achieving specific sales targets. Generation MLM Plan is considered to be the solid MLM Plan among all the other MLM Compensation Plans.
Before getting into detail about
Generation MLM Plan, lets understand what is a Multi-Level Marketing Business
first.
WHAT IS MULTI-LEVEL MARKETING?
A Business that involves selling or
marketing products through a network line of people and people who recruits other
people to do the same are called Multi-Level Marketing (MLM) also known as Network Marketing
Business. MLM Program have a lot of compensation plan for the benefits of
their employees and associates. Generation Plan is one of the Compensation Plan
in among the whole MLM program.
HOW GENERATION MLM PLAN WORKS?
Most of the E-Commerce Business
and other B2B sector chooses Generation MLM Plan. This is a plan that
puts importance on product sales than about recruiting new members. Above all,
companies prefer the generation plan because it helps them sell products
efficiently, without having to spend a lot of time and money on advertising. For product selling, advertising is very important.
And for successful advertising, you need hefty financial support. However, in
this plan, your members act like your advertising media who relieves you from
spending money on advertising.
As I have said before, A Generation MLM Plan is similar to a single
level subtree plan but with different generations level. A generation contains
a distributor or a sponsor and their following clients. Therefore, a generation
network chain will have infinite number of network levels based on their hard
work on marketing it. To know more about Generation Levels in a
Generation MLM Plan, keep reading concept that is explained on the next
paragraph.
WHAT IS GENERATION LEVEL IN GENERATION MLM PLAN?
To understand the concept of
Generation in Generation MLM plan, first we need to learn about Generation
Levels. Generations Levels are groups of downline members on a network
chain. Every generation has a set number of levels of downline members, it’s usually
be four or five levels in common depending on the company’s policies.
Downline members from level 1 to level 5 is considered as First
Generation and from level 6 to level 10 will the Second Generation,
and so on. Here, the commission for products sold by your First Generation will
be the highest. And, commission deceases from First Generation to Second
Generation. Therefore, in Second Generation, you will be earning even lesser
commissions than the First Generation.
ADVANTAGE OF GENERATION MLM PLAN
· High profit potential: Profit will be distributed to the whole network depending on the sales performance, it is like the more you sell-the more profit earned.
· Easy to Implement: This plan is very easy to implement and a beginner can understand and learn the plan very easily.
· Eases up to market: The members you recruited become your sales agents, which will give you relief from the marketing process.
· Provides parallel Income: With all the sales profits you make, generation MLM provides parallel income options through Royalty, Bonuses, Rewards etc.
DIS ADVANTAGES OF GENERATION MLM PLAN
1. This plan is most suited for
companies which is focused on product sales.
2. The commission rates decrease as the
generations level keep increasing.
3. With various commission rates and infinite
number of generations, it is hard to manage accounts, payments, transactions
etc.
4. This plan is suited mostly for high
volume sales than high-value sales.
5. Pressure on trading products for
achieving sales targets will be slightly uncomfortable for employees.
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
Comments
Post a Comment