Generation Plan Software
It is a multilevel marketing business plan based on profit sharing marketing business. It also refers as repurchase plan and gap commission plan. This software is recognized one of the powerful MLM plan. It also considered as the best compensation plan based on product selling. This software is a motivational product selling MLM plan where every associate promotes downlines to the sale of the product and also gets incentives and bonuses on the particular target achievement. It can be tricky to understand especially for the new comer. Generation plan software offers you an opportunity because in this software there is no need to expense for advertisements.
HOW DOES GENERATION MLM PLAN SOFTWARE WORK?
Generation consist of groups of downline members. Each generation is having a set number of levels of downline members but it varies from company to company. For example it has 5 levels in this case downline members up to level 5 are considered first generation. Level 6 to 10 will be second generation and level 11 to 15 will be the third generation. So, in the same way from the first generation you will be get highest for the products sold, let�s say 20%. From the second generation you will be getting lower rate of commission, let�s say 16% and so on.
ADVANTAGES OF GENEARTION PLAN SOFTWARE
- It is most suited plan for companies oriented to selling products. It assured company about good sales performance. This plan helps to making product move fast.
- No need for heavy advertising budget.
- o In this software plan companies can introduce newer products on regular basis. To try marketing newer product regularly companies following bonus plan tend to have an experience sales team.
DISADVANTAGES OF GENERATION PLAN SOFTWARE
- The disadvantage of this software is difficulty in managing and accounting. Accounting makes difficult through various compensation rates and number of generations.
- This software does not suited for low sales volume products.
- There is always a constant pressure on team members.
- In this software, members tend to be slow in recruiting associates. Members tend to spend less time on recruiting new members because of the emphasis on selling products.
GENERATION PLAN SOFTWARE UNIQUENESS
If your company selling high volume but low value products then this is the compensation plan you should be considering. If your company�s product is of good quality then you don�t need to spend money on advertising. This software compensation plan is the most suitable compensation plan for your company. Investing huge amount of money for advertising in media like television and newspaper will ultimately force you to increase product prices. For more attractive prices you should opt for MLM plan. If you are someone with good selling skills then trying to decide on joining a multilevel marketing company.
NEED AN MLM SOFTWARE FOR IMPLEMENTING GENERATION PLAN
So, if you are planning to start up a new mlm business then definite you need mlm software and the perfect generation plan. From various mlm software providers you can easily find a good generation plan in the market. But u needs to pay a very large amount for this because generation plan with better features will charge a very high price. Hence this arises problems, well every problems is always having a solutions. In market still there are few good MLM software companies as well as they offer better generation plan at very affordable price. But them is very monotonous task.
COMPENSATION IN GENERATION MLM SOFTWARE
Based on their policies the mlm companies define their compensation plan. The compensation plan is calculated by level wise income and differential income. It is actually helps you to grow your network deeper. It�s refers to the amount earned as a percentage for every person signed on by your down lines.