|« Setting Up an MLM Company - FREE MLM Consulting Resource||3-Level Roll Up QEB Bonus - Explained »|
The Danger of Fast Start Bonus Package Upgrades
The Danger of Fast Start Bonus or Quality Enroller Package Upgrades
The next thing to consider with this type of FSB or QEB bonus is if you will allow upgrades between package levels.
While allowing an upgrade for the difference between levels may seem logical and fair it is actually very damaging to your business and leaders income.
The reason is you have effectively let member’s greed and fear of loss no longer propel them to a higher joining package. They will join at the lowest level thinking they will just upgrade should they find someone who wants to participate at a higher level.
A way to deal with this is to allow the upgrade but with a penalty in the total money spent.
For example, make the upgrade from $250 to $500 cost $350 or even $500 so the initial purchase decision is taken more seriously. This significantly helps the weaker networkers as the plan convinces the new enrolee to stretch vs. the enrolling member needing to beg or push.
INS can certainly help to design an MLM Compensation plan should you need help with yours. We have a generous Share in the risk plan on MLM commission plan design available to all our MLM Software clients.
Contact us today to learn more about INS MLM Software or our other MLM related services or request pricing by Clicking Here.
Trackback address for this post
Feedback awaiting moderation
This post has 21 feedbacks awaiting moderation...