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Description

Network marketing compensation plans are a step ahead –not only to pay but also align with strategic interests and motivation of direct selling distributors. By bringing on a few structural changes in the traditional MLM plans such as binary, unilevel, matrix etc the companies can ensure increase in distributor engagement. Dynamic compression by rewarding based on individuals still putting in work, micro-recognition events for small-scale recognition to keep motivation high, transparent process through block-chain integration so everyone can clearly see how much commission is made and finally using predictive modelling tools for commission calculations. Also the direct sales companies can use gamified incentives, leadership focus (mentorship and influence bonuses), personalized incentives for multiple generation, mobile dashboards for on-call transparency, hybrid plan structures and a customer focused mindset etc that will drive long-term growth for the business.