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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 MLM BusinessThe Basics of MLM Business
Mr. JasonTeam Leader – BDGAJ Square [email protected]://ajsquare.com
Mr. JasonTeam Leader – BDGAJ Square [email protected]://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
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 revenuesUnderestimate 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’tFocus on metrics
Establish and communicate incentive plan
Adjust the relative weighting
Determine eligibility
Corporate performance measuresOveremphasize corporate financialAward incentives indiscriminately across staffMeasures and payouts
Marketing Plan
Brand & Website Contents
Brand & Website Contents
Interactive&
Videos
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
EmailMarketing
Search Engine
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 emailAvoid violating the terms of search engine servicesAvoid deceiving your prospectDon't spend more money beyond your budget
Evaluate the Plan
Be willing to learn
What next…. ?
All Planning Done
Select RightTools
Select RightTeam
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 MatrixBinaryM x N Forced MatrixAustralian X - Up
AJ Matrix – Key FeaturesUser Friendly Admin Control Panel
Function Based Menu Navigation Grid View with Integrated Sorting & searchingIconic Controls & Contextual Help Secure & supports multiple administrators
Easy to Configure Matrix Settings
Set Registration Fee & % CommissionsSet Network Type & Depth - Width Set Level Commissions
AJ Matrix – Key FeaturesProduct Catalog
Supports Physical ProductsSupports Digital Products like Software, eBooksSet MSRP, Member Price, VAT & Level CommissionsMaintain Inventory
Genealogy Tree
Search By IdView Up line, Sponsor & Down line
View the complete Tree
AJ Matrix – Key FeaturesUser Account
Secure My Account Page for UsersReferral URL & Replicating WebsiteFull Transaction History & Earnings HistoryMaintain Inventory
Payment System
Payment Mail alerts to adminComplete Payment History for Admin & User
All major payment gateways integrated
AJ Matrix – Key FeaturesAdmin Tools
Integrated CMS with WISIWYG EditorVideo Support Integrated Advertisement ManagementIntegrated 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 YouMr. Jason
Team Leader – BDGAJ Square Incorporation
[email protected]://ajsquare.com aj.bdgops.3
in/jasonajsquare
Let’s START
