|The Different Types of Network Marketing Businesses|
|Bruno Duarte | January, 13 2019 02:49 PM | Comments (0)|
Most network marketing companies operate as some form of multi-level marketing plan, where the company provides a product or service and assigns agents to sell it. This setup gives the sales reps an opportunity to earn a commission by selling products, and recruiting new reps and growing their own little network.
The different types of networks
Here are the different structures available in network marketing:
1. Unilevel Structure
This system allows you to earn from your frontline and it doesn’t limit the number of people you can sign. It’s a pretty old system and it’s certainly not the most lucrative but it does promote cross-line competition, which means a higher chance of expansion.
2. Stair Step Breakaway Plan
Perfect for the aggressive marketer, this plan is excellent if you have plenty of time to dedicate to sales. The higher you go up the steps, the more you break up from your own up-line, and in the end you’ll only have people on your down-line, which means people will stop earning from you. If for instance you’re supposed to breakaway at step 7, your up-line won’t earn from you anymore, and you will get all commissions from anyone below you.
3. The Binary System
This system has been popularized by Questnet and it takes significant dedication to earn from. You only get two down-lines with this plan and new sign-ins are automatically under your down-line. In order to make money you have to earn from both down-lines; so when picking out this type of plan, try to get one where you can carry over extra points from the less active binary side.
4. Forced Matrix Plan
This system aims to promote teamwork and it allows newcomers to earn high commissions by combining forces with fellow members. Because it has a defined frontline, the system allows members to focus on signing more people in order to earn on higher levels.
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