MLM Success- The MLM Secrets to Explaining Your Network Marketing Comp Plan admin, August 15, 2024 That is what drives the MLM industry. The quest for a better life, a better d https://bmmagazine.co.uk/ future, and a better income. Why did you join your network marketing company? For something to do? Yeah — right. That is why 99% of all folks who enroll in MLM companies join — for a better lifestyle. And the hope of making more money is what drives the network marketing industry. Every MLM company has a way they pay their distributors, known as a “Compensation Plan.” Or “Comp Plan”. Your company has one and that is how you are paid, by the volume you have created by the Comp Plan. You go out, and create Volume of sales, and you get a certain percentage of the sales. Most plans focus on the sale, or movement of mlm products and services to the marketplace, and that is what drives the wealth vehicle of network marketing. There are different types of Network Marketing Comp Plans, and there are many more Hybrid forms. But generally there are 5 different types, and you need to really understand the Plan that your company has. Uncategorized