MLM Business

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Are you looking to start your OWN MLM Business, here is a little presentation that details the Basics of MLM Business and the key considerations, when you design a Business Plan, Compensation Plan & Marketing Plan for your Network Marketing Business

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The Basics of The Basics of MLM Business

Mr. JasonMr. JasonTeam Leader – BDGAJ Square Incorporationjason@ajsquare.comhttp://ajsquare.com

What we focusIn this PresentationWhat we focusIn this Presentation

11 How to Plan your MLM Business ?

22 How to Setup your Business ?

33 How to Build your Network ?

44 How to maintain & scale you business ?

About AJ Square

www.ajsquare.com

ITES Company specializing in Web Development & Open Source Technologies

10+ Years of Experience

Offices in USA & India

80+ Programmers

CMMI – Level 3 Practice & ISO 9001:2000 Certified

About Mr. Jason

jason@ajsquare.com

aj.bdgops.3

in/jasonajsquare

6+ Years of Experience in Software Consultancy

Worked on Multiple Matrix – MLM Deployment ranging from Binary to Board Matrix

Has a Solid experience in working withStart-ups in USA, Malaysia, Ukraine & UK

MLM Planning

Plans are nothing; planning is everything.Dwight D. Eisenhower

Business Plan Compensation Plan

MarketingPlan

Business Plan

The Business Plan Contains1. Executive Summary2. Mission Statement3. Company Background4. Product / Service

Description5. Marketing Plan6. Competitor Analysis7. SWOT Analysis8. Operations9. Financial Planning10.Timeline

Request FREE Business Plan Template ( Word Doc)Request FREE Business Plan Template ( Word Doc)

Do answer key questions such as who, what, where, when, how, why, and how much?

To Do’s Don’t

Start Small

Research Well

Study Competitors

Test Marketing Campaigns

Fill out with Excessive Text

Add Useless Statistics

Overestimate revenues

Underestimate expenses & costs

Address strengths and weaknesses

Business Plan

Important Hints Specific to Network Business Model

Your Product / Service should be High-Quality + High-Demand in Nature

Ethical business practices and transparent reporting

Address all legal & privacy policies rightly

Business Plan

Compensation Plan

Your compensation plan defines your success

It should be Motivating

It should recognize & acknowledge the performance

Compensation Plan

11 Define Entry CriteriaFree (or) One-Time Enroll Fee(or) Invitation Only (or) e-Pin

22 Define Active Membership CriteriaBased on min. no. of down lines(or) One-Time Enroll Fee(or) Subscription (monthly / Yearly)

Compensation Plan

44 Define Network MechanismUni-level (or) Binary (or) M x N (or) Forced Matrix (or) Australian X-up(or) Board Matrix

33 Define No. of accounts per userUnique Single / Limited NumbersUnlimited

Compensation Plan

55 Define Internal Currency / Wallets

66 Define Product / Service CatalogList of products /services you wish to sell & their price in terms of internal currency

Compensation Plan

77 Define Sign-on BonusSign-on Bonus is mostly one time bonus given to fresh or first account of the member.

88 Define Referral BonusA bonus given to the up-line/sponsor of New registered member

Compensation Plan

99 Define Level Commissions Based on the Network you selected, define level commissions

1010 Define Minimum PurchaseDefine minimum purchase of active membership

Compensation Plan

1111 Define Daily BonusBased on the business volume, set a achievable daily bonus

1212 Define Weekly BonusBased on business volume, set a achievable weekly bonus

Compensation Plan

1313 Define Pairing Commissions / BonusParing commissions will help the matrix to grow in a balanced way. Set a motivating pairing commissions

1414 Define Monthly BonusThe most critical & driving force for any network business. Set a right monthly bonus.

Compensation Plan

1515 Define LeadershipBased on no. of down lines define the motivating designations & leadership levels and set higher percentage of commissions

1616 Define Achievements & AwardsBased on the business activity in a defined time-frame, define achievements & awards

Compensation Plan

1717 Define Withdrawal / Payout & TaxSet minimum withdrawal, withdrawal commissions, Tax and frequency of withdrawal

1818 Define PenaltiesDefine penalties for inactivity & non-payment

Compensation Plan

1919 Define Exit CriteriaFor legal establishments, it’s important to set an account closure method

Compensation Plan

To Do’s Don’t

Focus on metrics

Establish and communicate incentive plan

Adjust the relative weighting

Determine eligibility

Corporate performance measures

Overemphasize corporate financial

Award incentives indiscriminately across staffMeasures and payouts

Marketing Plan

Brand & Website Contents

Interactive&

Videos

Focus on Brand Name. Make it simple & positive.

Target audience correctly, focus Global or Domestic…. Make sure your website & contents reflect your target

Prepare a Slideshow / Presentation

Create a Video with voice over explaining your business plan & compensation plan

Maintain a subscription list , with opt-in signups

Setup daily / weekly newsletter campaigns

Marketing Plan

EmailMarketing

Optimization

Search Engine

Optimization

Optimize your website, so they appear in first page of Google, Yahoo & Bing

Focus on Brand & High Volume Keywords

Marketing Plan

Advertising

Pay Per Click

Advertising&

Pay Per Click

Purchase ads in Google Ad words & Yahoo-Bing Network

Focus on Brand & High Volume Keywords

Marketing Plan

To Do’s Don’t

Consider the Products

Ask a friend or adviser to read the materials

Work suits your talents and goals

Avoid unsolicited commercial email

Avoid violating the terms of search engine services

Avoid deceiving your prospect

Don't spend more money beyond your budget

Evaluate the Plan

Be willing to learn

What next…. ?

All Planning Done

Select RightTools

Select Right

Team

Completely Web Based

AJ Matrix – Best MLM Software

Build with PHP MVC Framework

Tested - Secure - Scalable

Highly customizable

Developer Friendly 99% Open Source Code

Fullest Admin Controls from Plan to withdrawal limit

AJ Matrix – Highlights

Support to allIndustry Standard Matrix

Uni-Level Matrix

Binary

M x N

Forced Matrix

Australian X - Up

AJ Matrix – Key FeaturesUser Friendly Admin Control Panel

Function Based Menu Navigation

Grid View with Integrated Sorting & searching

Iconic Controls & Contextual Help

Secure & supports multiple administrators

Easy to Configure Matrix Settings

Set Registration Fee & % Commissions

Set Network Type & Depth - Width

Set Level Commissions

AJ Matrix – Key FeaturesProduct Catalog

Supports Physical Products

Supports Digital Products like Software, eBooks

Set MSRP, Member Price, VAT & Level Commissions

Maintain Inventory

Genealogy Tree

Search By Id

View Up line, Sponsor & Down line

View the complete Tree

AJ Matrix – Key FeaturesUser Account

Secure My Account Page for Users

Referral URL & Replicating Website

Full Transaction History & Earnings History

Maintain Inventory

Payment System

Payment Mail alerts to admin

Complete Payment History for Admin & User

All major payment gateways integrated

AJ Matrix – Key FeaturesAdmin Tools

Integrated CMS with WISIWYG Editor

Video Support

Integrated Advertisement Management

Integrated Newsletter System

Backup Database

Block IP

AJ Matrix – Advantages

Lifetime License. No need to renew annually

No restriction to user’s limit or plans

30 Days FREE Support

1 Year FREE Upgrades

AJ Matrix – Try Live Demo

As a GuestAs a Registered User & As Administrator

EXPERIENCE OUR SOFTWARE

AJ Square – The Right Team

MLMConsultancy

Software

Server & Maintenance

SEO / SEMEmail Marketing

Thank You

Mr. JasonTeam Leader – BDG

AJ Square Incorporationjason@ajsquare.comhttp://ajsquare.com aj.bdgops.3

in/jasonajsquare

Let’s START