You all must be aware that Direct selling is the marketing and selling of products directly to consumers away from a fixed retail location all those businesses associated with any such business model are termed as Direct Selling Businesses.
Direct Selling Businesses runs and operates under multiple business plans suitable to them. There are three most popular business plans. Let’s discuss them in detail.
The Repurchase MLM Plan is based upon promoting and selling products offered by a company. All the associated Members and distributors of the plan help the company to promote and sell their products and get compensated for their hard work. The commission is calculated based on the cost price of the product sold. The beauty of this plan is that the earning potential into this is unlimited. Another reason which makes this plan the most popular is that the amount of profits to the company and you are always higher than what you pay to the members, so, you keep a good amount of money in your pocket.
Binary MLM Plan is a structured plan in which each member needs to ensure that he recruits or bring two people to the first level. Each member brought in is placed in the right or left subtree. The subtree usually has one leg as the power leg.
The business model of this plan is very easy to understand. The profit margin depends and calculated based on the activity of your downline.
Unlike other MLM Plans, a uni-level plan is very easy to follow and understand. In this plan, the member is allowed to add new members only in the front line at any width and the commission gets divided at a fixed level of depth.
The main objective of this plan is to allow each member to add as many members as they can. Some MLM Business owners make it even more interesting by adding bonuses at a particular level of completion.
We, at Versatile are well known for Software Development. In case you operate a MLM Business and need help, do not hesitate to contact us. We provide customized MLM Software as per your requirement.