Direct sales companies usually introduce new types of bonuses in their business to attract and retain their distributors. One such important bonus is level completion bonus. Level completion bonus (LCB) are rewards given for the distributors for their achievements in the building process of network marketing organization. LCB’s usually receive rare attention but they can emphasize balance and steady growth in the direct sales business.
The traditional compensation plan used by the MLM organization rewarded the sales volume and benefited those who could sell the most. Level completion bonus rewards distributors not based on the sales volume but for building a balanced structure. Let's discuss key features of this system.
Flexibility in qualification options: For a distributor to qualify for the level completion bonus they should have steady stream of repeat customers, Coaching new recruits into significant rank milestones, and high retention rates.
Balancing traditional and dynamic metrics: Combine traditional sales-based metrics with newer measures that is team performance and leadership development.
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