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MLM Compensation Plans - What Pros Look For :billtessore.com

Submitted by Rden

May 11, 2009

Summary

When considering MLM compensation plans every network marketing professional wants to know how they can make the most residual income in the shortest time possible. They want to know how they and their downline team can retire most efficiently, so they ask two questions. Read the full article

Comments (11)

Money24seven,

May 15, 2009

Hi five folks - when I tried MLM what I was taught was especially with certain products and depending on which products chosen - was its best if you use the product yourself so you understood what it was all about before you sold it on to a customer because some how I was told the prospect would be more in tune with you if you honestly spoke about the product from experience and I think I got the message back from my own customers with repeat orders - some how the pay structure was the last thought in my mind and thats probably the reason I drifted away from MLM I should have read a post like yours before I went in to MLM - then MLM might have turned out differently - what i did like about the MLM biz was the enthusiasm spread by the most successful dealers in this MLM industry it was very refreshing and a buzz going to the distributors meetings a lot of marketing knowledge can be learned through this kind of salesmanship model -

Way to go Bill great post mate
Phillip Skinner

Sydney43,

May 15, 2009

I was a total flop in MLM many years ago and your article is a major clue about why. Most of what you talk about is total news to me because I knew almost nothing about the pay plan I was under. Obviously, network marketing has gotten much more sophisticated and all people interested in it need to be very clear about what they're getting into BEFORE joining - not AFTER. Ignorance = future heartache.

You Are Beautiful,

May 15, 2009

Hi Bill! I truly learned a lot in your post. Lots of info but concise. Whether you're talking employees, team members, etc...everyone likes a little pat on the back now and then, and bonus structures always do that ~ I don't care who you are or what you do. I look forward to reading and learning more ~ thanks much! klk

Stevedevane,

May 17, 2009

Excellent information, Bill. Anyone who is in MLM should read this post. I especially appreciated the short, concise explanation of the positive and negative aspects of the various types of compensation plans. Thanks for your valuable insights.

Bryner123,

May 19, 2009

dealing with MLM is always balancing on the razor's edge. hundreds of mlm fighters waste their time and nerves on the field they simply are not created for. but when you have the right skills, mlm is a great playground. then you should use all possible weapons...

Frank Larrabeee,

May 20, 2009

So many people get involved in network marketing not fully understanding how these types of comp plans pay out. So many people leave the industry thinking they were not successful, when it was just a matter of education and the right skills. Real good points there Bill.

Searchbrat,

May 27, 2009

I never really looked into MLM before but a lot of the online marketers I follow have wrote about their experience with it. Some good advice in this post I know a lot more now than i did before reading.

Judith May,

May 29, 2009

Hello Bill,

You are right on with this post, Great article.

Judith

Treztark,

Jun 04, 2009

Great Information, MLM compensation plans usually appear to be so confusing when you read all the fine print.

Fleemarkets,

Jun 07, 2009

Thanks for the information...great tips

Kcaptk,

Jun 24, 2009

I agree that all MLM compensation plans are flawed you just have to find one that you can live with. All these plans sound great in the beginning but somehow all them money seems to go to just a few.