MLM Party Plan is a method chose by merchants for advertising or marketing of products by organizing social events like a home based party, get-together or any function. During this occasion, the products will be presented for sale.
Direct sales during a party, provide an opportunity to thoroughly examine the product, to test it and to create its own opinion about it in a suitable place and at a convenient time, and is there a more dynamic and fun environment than a party. All products are delivered directly to the consumer. What technology is more capable of facilitating the consumer's ordering of goods, the greater the desire for personal, direct contact and advice. A classic salesman-trader cannot fulfill such expectations. Therefore, direct contact with the consumer - direct sales are becoming increasingly important. Every employee or associate is obliged to realize the highest order and to collect as soon as possible the money from the consumer because the process of buying and selling can be performed exclusively "hand-to-hand". The basic task is to join as many as possible, which leads to higher orders achieved from those associates. Also, make as many promotional presentations as possible in order to spread the influence in every way.
"Party Bonus" is a member bought a sure product from a Party the bonus dispensed that member is known as Party bonus, Admin can configure the situations. Some companies referral amount distributed depends on purchase package amount. some of them depends sponsor rank too. Commission amount credited automatically to sponsor account or completing the registration approve by admin.
Referral bonus is a new Member they can either be placed in the LEFT OR RIGHT Position under your position. For every direct referral you make you will be compensated with the Sponsor/Referral bonus of X amounts fixed percentage(x%) or a fixed amount(x). Some companies referral amount distributed depends on purchase package amount. some of them depends sponsor rank too. Commission amount credited automatically to sponsor account or completing the registration approve by admin.
Matching Bonus a consumer registered on network the sponsor gets a extra benefit multi level marketing's admin panel will configure this different ways.
The working of this plan starts with the company finding potentially effective people with good social standings. Such people are proposed with the position of consultants or independent contractors of the company, offering to sell its products on a commission basis.
The company the gives them the basic assistance needed for organizing the event. Sometimes, the company may also provide promotional merchandize like caps printed with the company logo or brand name and printed marketing materials like flyers, brochures etc. These consultants then organize an event to promote the company’s product or products and invite acquaintances of theirs using their social connections. Once the party is on and in full swing, they introduce the company and its products and solicit guests to buy them.
Guests will be inclined to buy the products, either out of obligation or because they have been convinced of the advantages of the product, as described by the host. As mentioned earlier, guests at the event will be in a jovial mood and are more likely to make a purchase at such events. For the company, the event works out to be an advertising tool, as well as a marketing opportunity. And the consultants will be earning a handsome amount via commission from the sales generated at the event.