Tag: MLM

Multi-level marketing as a concept has now been in existence for more than a century. The manufacturers all over the word benefit from the technique which was initially introduced in the USA by the sellers of Nutrilite. Although, they were not the only ones experimenting with the commission to referring buyers i.e. a share from the profit to buyers who pursue others to buy the company’s product. This is very much the model in which MLM began with many restaurants adopting the model simultaneously across North America to lure in more patrons for their eateries. With time, a lot of evolution has indeed happened for the MLM industry which has made the businesses of giants like Avon Products, Amway and Herbalife household names across all continents. Over the last few years MLM management systems which are web and mobile based have become a favourite for multi-level marketers as they add efficiency in a lot of processes through automation.

The evolution of business has seen initial phases when perfumes were sold door to door by the pioneers of MLM. The business in 2016 runs pretty much off the internet with doorstep deliveries of products and shipments tracked via mobile apps! The MLM business like any other phenomenon of the modern world has a lot of dynamism to it and has undergone multiple transformations to be in the trend that we see it today in the ‘internet era’. E-commerce marketplaces have provisions to list the products and sales can be made directly from there by letting the marketplace accept payments on the sellers’ behalf. These payments are accepted over encrypted payment gateways to keep the transactions secure and ensure no theft by online fraudsters. This is a good way of enhancing product sales to improve commissions but another boon of the internet is the abundant opportunity it provides to network over the social media channels. The social media networks are perhaps the best thing that could’ve happened for MLM business besides the MLM Software.

A web-based MLM system is a one-stop solution to dozens of problems which multi-level marketers face in their day to day operations. The problems may include poor inventory management, disarranged franchising, irregularities in income distribution, network management, etc. These problems are noticed at the very core of the business and over the years have sent a lot of MLM Businesses out of the door. MLM software assists the businesses in overcoming these problems besides adding contemporary features like E-commerce store, E-wallet, online payments and SMS and E-mail notifications. What really makes the MLM software a necessity is the fact that with good MLM manager software a business can be managed from any device like the tablet or even the smartphone. This gives multi-level marketers the freedom to be on the move while managing their business and meeting network associates. The software provides mobility and flexibility which can be perhaps the two biggest contributors in the success of modern MLM distributors looking to create a fortune.