Everyone loves to earn passive income right? After the arrival of the network marketing business, earning passive income is made simple and effective! The beauty of joining an MLM business is that it rewards its distributors with attractive commissions. And that made the MLM business expand its growth vastly across many nations.
Nowadays products can be bought in an e-commerce store with just a click. People from all around the world enjoy shopping online. As they provide the comfort of their home.
MLM owners and MLM entrepreneur’s eyes went on starting a network marketing business. For this main reason, many MLM businesses have started to emerge in different countries.
However, you may ask how is it possible to find the cheapest and best E-commerce integrated MLM software in the market? The answer is simple “Do solid research before starting your MLM business! “.
In this blog, We are going to explain the MLM compensation plan, MLM software, and the possibility of getting cheap MLM software with innovative features.
What is MLM Software?
In the olden days, everything was written, maintained, and stored manually in the papers. Which became a tedious job to maintain and access the essential data over time. MLM business commissions, rewards, members, referrals, genealogy tree, and rank advancement are harder to manage manually. Thus, to save our precious time and to avoid unnecessary data theft/data loss MLM software came as a one-stop solution.
MLM software is called by various names like “Network marketing software” or “Direct selling software“. All of them are the same and convey the corresponding meaning. As we mentioned earlier, human minds are not great at multitasking or computing harder calculations. For this primary reason, MLM software was created by MLM experts.
MLM software helps you to maintain, manage and access MLM business data much more effectively. Without the use of MLM software, it is a bit complicated to run your network marketing business smoothly. Thus, MLM software plays a crucial role in making your MLM business a profitable one.
Overview of MLM Compensation Plan:
There are various MLM plans in network marketing. Each one has a different network growth and commission. Selecting the MLM plan to operate one’s MLM business is the first way of defining MLM success. The most popular MLM plans are binary, matrix, monoline, unilevel, australian x-up, and cash gifting.
Binary MLM Plan – Binary means “Two”. As its name suggests, this plan has two legs, right and left legs. Which possess the growth structure of 2×2, represents a tree-shaped growth.
Matrix MLM Plan – The main advantage of a matrix plan is its customizable option. This plan can be easily customized to one’s MLM business needs. eg, 2×3, 3×3, 3×7, 4×6, 4×13.
Monoline MLM Plan – The Monoline plan expands the network in a straight line. Sometimes they are called “linear MLM plans”. The growth in this plan is vast when compared to other MLM plans.
Unilevel MLM Plan – Distributors who hire/add a mass number of new members will always love this MLM plan. Because every member that one adds will always be placed or positioned to their frontline.
Australian X-up MLM Plan – When compared to the other MLM plans, this plan is a bit complex. Here, the “x” number of the network members is bounced back to the distributor’s sponsor.
Cash Gifting MLM Plan – The cash gifting MLM plan is widely known as the “crowdfunding MLM plan”. Where members are placed in a loom. And the loom contains members placed at different levels, starting from fire, air, earth, and water.
Okay! Let’s deep dive into MLM Software unique features and add-ons features:
Is it possible to get cheap MLM Software with many Features?
Yes, MLM software which has innovative MLM features at an eye-gazing cheap price is available with us! We provide MLM software at the best market price with innovative features and add-ons. Ok, now let’s roll on to our main discussion of the MLM software features and add-ons list that we offer!
Unique Features List of Elite MLM:
- Detailed Dashboard
- Genealogy Tree
- E-wallet
- Multi-Currency
- Ticket System
- Rank System
- Fully Responsive
- Promotional Tools
- Report System
- Multi-Language
- SMS Gateway
- Backup System
- Epin
- Fund Transfer
- E-commerce
- Payment Gateway
- Deposit
- Member Management
- Social Sharing
- Newsletter
- Resource Migration
- Management
- Secure Login
- Customization
- Commission Engine
- Payout Management
- KYC Document
- Re-Purchase
Add-ons of Elite MLM:
- E-commerce Integration
- SSL
- Multi-Currency
- Multi-Language
- CMS Website Design(WordPress)
- Ticket System
- Payment Gateway Integration
- Promotional Tools
- Re-purchase
- Hosting Server
- Domain Name
- SMS Gateway Integration
Conclusion:
MLM business and E-commerce business both gained traction in the past years. Many started to launch their E-commerce from local stores. Even some started MLM business and integrated their E-commerce business with MLM. If you want to build an international MLM business then, we all are ears to your MLM business requirements. Also, consider taking our free MLM software demo and check whether our MLM software satisfies your MLM requirements.
