MLM Compensation: How to Build the Best Plan for Your Business
Every multi-level marketing (MLM) company relies on its compensation plan to motivate, recognize, and reward its field sales representatives. But MLM compensation plans are not “plug and play.” Every MLM company needs to do its homework to build the best compensation plan to fit its products, genealogy, and strategic goals. Determining the right compensation...
What is the best MLM compensation plan?
A multi-level marketing (MLM) company’s compensation plan is integral to the strategy, growth, and success of the business. So, what’s the best MLM compensation plan? Answering this question requires a deeper look at the different types of compensation plans and how they align with the goals of your MLM business. In the simplest terms, MLM...
How to Find the Right MLM Software at the Right Price
We’ve all heard the tale. Before Goldilocks met up with the three bears, she sampled their porridge, finding one bowl too hot and one too cool before proclaiming the third, “just right.” She then – somewhat audaciously – goes on to try out the bears’ chairs and even sleep in their beds, always finding the...
What does MLM software cost?
A multi-level marketing (MLM) company’s MLM software touches almost all operational aspects of the business and provides an essential element within the direct selling company’s technology platform. When considering their software options, the first thing most people want to know is, what does MLM software cost? To answer this question, let’s examine the details needed...
What is the best MLM software?
For multi-level marketing (MLM) companies, the choice of MLM software is one of the most important business decisions with a direct and significant impact on the company’s success. When making this business-critical decision, MLM companies want the best – the best fit for the business, the best capabilities for their team, and the best technology...
Everything You Want to Know About MLMs and How They Make Money
Multi-level marketing (MLM) sometimes has an air of mystery. What is an MLM? How do MLM companies work? What makes them different? And the million-dollar question: How do MLMs make money? If you’re looking for the answers to these questions, you’re in luck. We’re about to solve the mystery of the MLM business model –...
ByDesign Technologies celebrates our 20th anniversary this year!
Our 20th anniversary marks an important milestone for ByDesign. As we pause to reflect on the vast accomplishments made for our amazing clients, we are filled with gratitude for the trust that has been placed in our team and for the lessons learned from helping to launch nearly 1,000 clients. Since ByDesign’s start, our team...
The 5 Best Practices to Follow for MLM Success
Ever wish you could set your GPS to give you a direct route to multi-level marketing (MLM) success? Better yet, it would re-direct you around obstacles that might slow you down, putting you on the fast track to sales, representative recruitment, and growth. An MLM GPS would help you anticipate changing market and business conditions...
10 Steps for Starting an MLM Company
Most people start businesses to share a solution with others – and make money! But it’s not enough to have a product or solution you believe in. Entrepreneurs succeed when they do their homework and build their business around a model that lines up with their overall growth goals, customer targets, and product offering. For...
Growing Corporate Culture in a Virtual Workplace
As we strive to grow and thrive during the world’s most extensive work from home experiment, we have an opportunity to think more broadly about how we can embrace technology to help bring people together in new and different ways. We are hearing from CEO’s that they feel more connected today by doing video calls than they...