Statistical records reveal a shocking fact – direct selling companies annually lose on average 70-80% of their sales force. This is typically because lack of clear, concise, and efficient information creates frustration with the sales force, and retention suffers. Let’s not deny as an MLM marketing company accurate order processing and on-time shipping combined with accurate and timely commission and bonus payments stands as the vital components to the success of your business. It’s pretty obvious that you desire to have greater control of the key business functions so that you are not as reliant on 3rd parties.
Seek technology solutions that allow you to add in functionality as you need it. Yes; we are talking about the breakthrough solution that the MLM software provides.
Consider some of the tools for expansion:
- You need tools for managing compensation plans easily
- Tools for creating, managing, and tracking incentive programs
- Tools for streamlining the administrative
- Tools for maintaining consistent communications and more….
As a matter of fact the biggest challenge companies’ face in direct selling is the feeling of no control over their technology solution.
The objective in MLM software and technology utilization is to support your company and distributors. The agile software thus helps them to be highly successful by leveraging the best technology tools and services that match your company’s unique needs.
Consider these principles that should drive your MLM software selection strategy –
- Clear requirements to guide the technology strategy
- Streamlined software implementation
- The MLM software you choose thus should be used like a utility
- Flexibility should be the definition of your compensation and incentive plans
- Built-in communication tools for your sales force
- The MLM software you select this should offer you an access to online sales force
- It should help you to plug into our Professional Services team as needed
The bottom line is – whether you are planning to create your own software or whether you are shopping an existing solution the software solution you choose should adapt to your business needs.
Prepared to be involved, smart and be patient when choosing an MLM software