Yoli Founder Daren Falter article “Comp Plans, The Good, The Bad, The Ugly”
Network Marketing Comp Plans
PART II: MLM Compensation Plans:
The Good, The Bad, and the Ugly
By Daren C. Falter
Compensation Plans: the Good, the Bad, and the Ugly
When I began investigating networking companies, I found more hype associated with a company’s compensation plans than with any other criterion, including product hype (and we all know how out-of-hand product hype can get). The purpose of the following comp plan articles is to first identify the various compensation plans used in network marketing today and then share with you the pros and cons of each plan. Now, many of my readers may not agree with everything I have to say in these articles, especially if they’re already involved with a network marketing company with a compensation plan that has some of the unsavory characteristics. But I can assure you that most network marketing consultants and trainers do agree with what I’m reporting. My comments and conclusions are based on years of careful and objective research, not on which company I’m earning money from at the time of my review.
Which Compensation Plan is the Best?
The four most commonly used pay plans in the network marketing industry are the breakaway, the unilevel, the matrix, and the binary. You may also hear about a hybrid plan from time to time, which is basically a combination of any two or more of the most common plans. We’ll also touch briefly on a few of the gimmick plans such as the two-up plan and the single-line downline plan.
Your job here is to review the following plans and choose the one you feel is the best. But remember, when someone is introducing their pay plan to you, they will say anything to make their plan look better. Many distributors feel their compensation plan is the best, regardless of whether or not they have compared it to other plans. Picking the right compensation plan can make the difference between success and failure in network marketing. Learn to look past the hype and the rumors, and concentrate on the facts. I decided to look at all of the plans on the market and then choose the best compensation plan. Here’s your opportunity to do the same.
In his masterpiece, Understanding Multilevel Commission, Mark Rawlins, a twenty-six-year veteran of the MLM compensation-plan-building business and proprietor of MLM.com, explains that a compensation plan must meet the following three goals: it must generate enthusiasm among distributors, it must encourage distributors to sell product and recruit distributors, and it must retain distributors. Let’s take a close look at the most common network marketing compensation structures and we’ll find out how we’re doing.
About the Author
Daren C. Falter is the author of the network marketing industry-wide best seller How to Select a Network Marketing Company. Daren has been a consultant to the network marketing industry for over 12 years and a student and participant for over 20 years. Daren has built downline organizations into the tens of thousands of distributors with several different companies. Daren is a popular convention speaker and trainer. You can visit Daren online at his blog at www.networkmarketingreview.com. You can also order Daren’s best-selling MLM book at www.networkmarketingbook.com.
Daren recently launched a new network marketing company, Yoli, Inc., near Salt Lake City, Utah. Daren and his four partners are excited to introduced the worlds most nutritious beverage using patented BlastCap™ Technology. For more information about Blast Cap Technology, Blast Caps, or Yoli, visit Yoli at www.prelaunchinsider.com.
Copyright ©2009 DC Falter Marketing, Inc. ALL RIGHTS RESERVED
ATTENTION: Breaking News!
Daren Falter will be launching a new company called Yoli. We will be introducing an incredible new nutritional formula in the form of a delicious functional beverage using Mikel Anderson’s patented Blast Cap Technology. The founders of Yoli are Robby Fender, Daren Falter, Rick Eisele, Corey Citron, and Michael Prichard. To find out more about Yoli Blast Cap Technology, visit www.prelaunchinsider.com
Kingsley Ennis is one of the few “hand selected” FOUNDING DISTRIBUTORS that are helping to launch this new company … and you can join him and one of the fastest growing teams in all of Yoli at the very beginning of this great network marketing adventure!
With a background in the Seminar Industry and 12 years of Noteworthy Success in Network Marketing Kingsley is the Author of “Split Second Marketing” & “Your Extreme Advantage”. You can listen to them FREE at www.usahomebusinessexperts.com
QUESTIONS ABOUT YOLI? Email kingsley@goyoli.com or call 717-303-5710.
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