MLM Software and Sales Automation Software to MAKE you as well as SAVE you Money!

Lead Companies may Die MLM Law Changes March 1, 2012

Permalink 02/28/12 11:48, by admin, Categories: Automatic Prospecting and Lead Generation Systems, Study , Tags: ad co op, mlm autoprospecting, omsys

Link: http://www.internetnextstep.com

Hot off the presses. Lead Generation Companies BEWARE!

The long awaited FTC Revised Business Opportunity Rule goes into effect March 2012!

Quick synopsis of risk. If you are a company that promises to provide leads, or lead generation, or recommend places where mlm leads can be purchased, you are at potential risk.

MLM Ad Co-Ops could be similarly at risk, but the article isn't as clear about them.

http://www.mynewsletterbuilder.com/email/newsletter/1411252881

The $500 up front rule will be abolished and now no limits of initial investment possibly putting an MLM at risk.

There is not a specific Exclusion to these new Rules for MLM but there is a lot of ambiguity from what I read in this article.

While we here at INS actually have no issue whatsoever about the MLM Lead generation industry finally having regulation and possibly ENDING, as we think this would help to clean up the industry just perfectly, we do have concerns that corporately owned/controlled Ad Co-Ops could be affected.

While the article does suggest there could become risk to the Web Based lead generation and Sales Funnel type systems, it does not suggest it due to the systems so much as the Lead Generation or Ad Co Op aspect of them. A good warm market MLM auto prospecting system like the INS Omsys auto prospecting System, without the AD Co-Op attached may still be just fine.

Read it for yourself, it could have an impact to your method of building your MLM Company.

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.

Internetnextstep.com Consulting Ltd.
http://www.internetnextstep.com
Your MLM Software, MLM Consulting, and MLM Commission Plan Design Experts
+1 (604)-998-2256

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MLM Commission Plan Fast Start Bonus (FSB) Explained

Permalink 02/27/12 11:50, by admin, Categories: MLM Software, Commission Plans, MLM Startup Consulting , Tags: fast start bonus, mlm commission plan, mlm compensation plan

Link: http://www.internetnextstep.com

The MLM Commission Plan enroll 3 and YOURS if FREE Fast Start Bonus is an aggressive big money bonus type that is breakage based. Due to it being breakage based its true cost on average to company is about 25% of its face value.

Usually works best on a $400 to $1000 signup leadership package type scenario.

The way the MLM Compensation Plan Fast Start Bonus works is you calculate how much money a person who enrolls three with this package level of points would earn including all bonus types in your plan. You then calculate the total cost to join including signup fee and freight and taxes and subtract all bonuses earned from this number. What you are left with is a bonus amount that would allow you to make the claim enroll 3 yours is free!

The downside of this bonus is if initial leadership or corporate marketing team is not strong they can lose belief as members push with the obvious question.... Why do I not get a bonus on each signup instead of the huge bonus on the 3rd signup!

The answer is simple... The company would go broke if u paid the same size bonus out 1/3 at a time as it is a breakage based bonus.

Done on the third enrollment a $600 bonus would cost on average only $150 Total from the company due to breakage or $50 per signup. Done on each signup its cost would be $200 as advertised so you can see it would likely not be sustainable!

Should you wish to do a fairly large up front bonus one trick you can employ is to have the first order of a member not put points into your binary or matrix and have all PV go towards the fast start bonus. Melaleuca uses this approach.

I am not a fan of this as it tends to once again take too much money from the real workers and give it to the weak. Should you go with this concept my recommendation is at most a 50/50 split on PV between the fast start bonus and the matrix/ binary/ uni-level.

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.

Internetnextstep.com Consulting Ltd.
http://www.internetnextstep.com
Your MLM Software, MLM Consulting, and MLM Commission Plan Design Experts
+1 (604)-998-2256

Send a trackback »

MLM Compensation Plan - Simple Fast Start Bonus Explained

Permalink 02/24/12 15:41, by admin, Categories: Commission Plans, MLM Startup Consulting , Tags: commission plan design, fast start bonus

Link: http://www.internetnextstep.com

Fast Start Bonus Types.

The Single pay Fast Start Bonus is a flat one-time bonus that you pay to those who sell a particular item or package.

This bonus type is best used with a package of items bigger than the minimum product purchase required to participate in your commission plan. It usually works best when the member must purchase the equivalent package or higher themselves in order to qualify.

Keep in mind, the minimum amount to participate in your commission plan is likely best to be same as minimum AutoShip amount, however it is best to not attach any up front bonuses to this minimum level of product purchase. You should save the Fast Start Bonus for larger Business builder packages for the best motivation.

INS can certainly help to design any 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.

Internetnextstep.com Consulting Ltd.
http://www.internetnextstep.com
Your MLM Software, MLM Consulting, and MLM Commission Plan Design Experts
+1 (604)-998-2256

Send a trackback »

MLM Consulting Pages Revamp

Permalink 02/21/12 12:04, by admin, Categories: Commission Plans, MLM Startup Consulting , Tags: commission plan design, mlm commission plan, mlm compensation plan, mlm consulting

Link: http://www.internetnextstep.com

We have been updating our MLM Consulting Pages information recently.

The main idea is to classify all our Blog Entries into the right sections for easy reference.

Our main MLM Consulting page can be found here: MLM Consulting

We have just completed the Commission Plan Design Page with all our Free MLM Compensation Plan Design background Information easily found here: MLM Commission Plan Design

Finally, we have completed our MLM Startup Consulting page here: MLM Startup Consulting

Bookmark these pages as we will be updating them everytime we add an appropriate Blog posting.

INS can certainly help with all forms of MLM Consulting. We do ONLY consult for our MLM Software clients howevever, we apologize for any inconvenience. 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.

Internetnextstep.com Consulting Ltd.
http://www.internetnextstep.com
Your MLM Software, MLM Consulting, and MLM Commission Plan Design Experts
+1 (604)-998-2256

Send a trackback »

The MLM Seasons. Really? Seasons?

Permalink 02/20/12 12:03, by admin, Categories: MLM Software, Motivation, MLM Startup Consulting , Tags: mlm company, mlm software, mlm startup

Link: http://www.internetnextstep.com

When is a good time to start an MLM Business either as a company, OR as an MLM Distributor/MLM Member?

As in any business, there are MLM Seasons. These seasons we describe in this article are true for at least the North American Market and the Japanese Market. Australia also seems to follow a similar seasonal route, but that may be only due to them following closely the North American ebb and flow when it is a NON Australian MLM company we are speaking about.

Much like a retailer would not think of starting to lease a location in January, unless they had a lot of money to cover the losses till October when things heat up for the Christmas season where most retailers make 80% of their annual sales and profit, an MLM Startup Company should be careful when it launches as well.

The busiest season in MLM is from about September 15th, to December 15th each year. Let’s call this the MLM Autumn!

The kids are back in school, Christmas is coming but it is still far off enough to not panic about putting some money into a home based business in order to earn some extra to make the coming Christmas even better.

Not only are household finances for your enrolled MLM Members good at this point, but your MLM members will have much more success due to others they speak to being more receptive in the MLM Autumn, and therefore deem your MLM Startup Company to be relatively “easy” to get others interested in.

This “easy” feeling is mostly due to MLM Season timing, more so than your particular opportunity or product, so this truth tends to exist for any MLM Company Opportunity.

If you are looking to start an MLM Startup Company in order to capitalize on the MLM Autumn, the absolute best time to do so is in Mid-June. The reason for this is it takes a little longer to get organized yourself over the summer holidays, so expecting to start August 1st and be ready for September 15th is not realistic.

The other reason this can become problematic is EVERYBODY leaves it over the summer thinking they will magically fire up on September 15th, only to find out the entire MLM Support industry like MLM Software Providers, MLM Product Formulators, MLM Legal and Accounting advisors are all going full steam ahead and delivery times tend to get long due to all those who did plan properly and retain these resources in advance!

If you are looking to become an MLM Distributor or MLM Member in an MLM Company and capitalize on the MLM Autumn, the best time to get involved is actually around Mid August so you can have your products and materials and have had plenty of time to study and learn about your MLM Company in order to hit the ground running hard on about September 7th.

From December 15th to about February 15th is the WORST season for MLM. Let’s call this the MLM Winter!

So much for New Year’s Resolutions, MLM activity, contrary to popular belief does NOT come back to life on January 2nd due to all your MLM Members promising themselves “This Year will be DIFFERENT!”

We never would share this information with our members as we don’t want to stop ALL activity, but this time period is when you rely on Autoship to carry your MLM Startup Company sales, and your MLM member’s belief by way of continued paychecks!

MLM Startup Companies who foolishly buy into the concept that Autoship is not necessary and everybody hates it, typically fail in this season. Sales dry up, inventories go off, and MLM Member belief goes down the toilet due to no income if there is not forced consumption to keep things moving!

From February 15th or so, the winter ends, and people begin to get more active. This begins the second busiest season for MLM. Let’s call it the MLM Spring! The MLM Spring tends to really be from about March 1st to June 15th.

The MLM Winter is a great time to retain your MLM Software Company and learn the MLM Software, work through all your setup and documentation issues. It is ALWAYS best to get your MLM Software FIRST as the capabilities of your chosen MLM Software vendor will VERY MUCH impact all your supporting documentation and business processes. Also, your MLM Software will likely open your eyes to many business processes and practices you may not come up with on your own.

To get all your company ideas set BEFORE you retain your MLM Software providers is a MASSIVE mistake that can cost you a fortune long term.

In the MLM Spring, much like the MLM Autumn, folks are just easier to talk to. They are looking forward to the summer break by this time, and thinking it is time to do something extra to earn some money for the summer holidays, as well as they are just generally busy with all the things spring offers. As a result of being busy with the kids sports and all the outdoor events, they are in contact with a LOT of people, this is what makes the MLM hunting grounds fertile in the MLM Spring.

Realistically if you are looking to start an MLM company to catch the spring, you can likely make it as long as you push the button on your MLM Software by about February 1st. The reason for this, is the season is NOT as busy as the MLM Autumn so all the MLM Startup Company Support industry has more available bandwidth in order to get your MLM Company going a little quicker.

As a Member, you should join by mid-February and get to work in order to capitalize on the MLM Spring!

The MLM Summer hits from June 15th to September 15th. While the lack of activity and demoralizing of MLM Members is NOT as severe as the MLM Winter, it can still be a pretty rough patch.

Should you have momentum going into the MLM Summer, you can often carry through the summer with sales only going flat vs. actually retracting.

While it is still harder for MLM Members to recruit others during the MLM Summer, the reasons are different. The reasons are more to do with people just being busy and saying, “call me in two weeks”, or “I won’t be back from holidays until August 15th, lets talk then.”

In addition to this, your MLM Members are also busy with Summer activities so do not tend to react as negatively nor take as personally Rejection in the MLM Summer!

The MLM Summer is a good time to start your MLM Startup Company in order to have it ready for the MLM Autumn! Things take longer to pull together so allow your company enough time. Your own team of partners will have family obligations and summer holidays etc. to contend with so all decisions take longer.

So to summarize.

Sales are best in the MLM Autumn and the MLM Spring.

Starting an MLM Startup Company is best done in the dead of the MLM Winter, or during the hot MLM Summer in order to be up and running and debugged in order to capture the easy seasons of Spring and Autumn!

As an MLM Member, you should get started at least 2 weeks before the MLM Spring or MLM Autumn for your best chances, but keep in mind joining anytime is better than waiting. The key is to understand the seasons so if the going is a little tough you can know in your heart it is the MLM Season getting you and chalk it up to training and experience instead of it giving you a fabricated reason to give up!

Contact us today to learn more about INS MLM Software or our other MLM related services or request pricing by Clicking Here.

Internetnextstep.com Consulting Ltd.
http://www.internetnextstep.com
Your MLM Software, MLM Consulting, and MLM Commission Plan Design Experts
+1 (604)-998-2256

Send a trackback »

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