If your compensation plan isn’t producing the results you expect, you either need to improve your plan or lower your expectations. No one wants to lower their expectations; that’s like giving up. There is a better way. Start by watching our video to learn the four reasons to improve your compensation plan. As you watch,…
What Is Compensation Plan Compression?
Compression is a term used to describe the action of bypassing inactive or ineligible independent representatives when determining rank qualifications and/or compensation plan earnings. The Good And The Bad Watch our informational video below to find out what exactly compression is, and how it affects your independent representatives. Why Is Compression Not One-Size-Fits-All? Every…
How Should You Reward Retention?
As a compensation plan expert, I’ve written extensively about the 12 key behaviors all compensation plans should motivate and reward. The 12th behavior is staying active and engaged in the business. This is retention. What Is Retention? At one of the Compensation Plan Workshops that I conducted in South Africa for direct selling companies, an…
Commission Run Auditing: What You Need To Know
What is commission run auditing? Why do it? Who should do it? How do you do it? About Commission Run Auditing Commission run auditing is a process of many steps using your MLM software to validate that your sales force is paid properly and accurately based on the rules of your compensation plan. Stated another…
What To Do If Your Compensation Plan Is Broken
Is your compensation plan broken? How do you know if it’s broken? In this video, I will explain the symptoms of a broken compensation plan, but first, let’s explore what a compensation plan is supposed to do for your company. Watch the video below to learn more. Purposes Of Compensation Plans Compensation…
Pricing Samples
If your product is applied to the outside of the skin or taken internally, you should consider packaging your product in sample sizes, so that prospective customers and representatives can experience your product without having to purchase a full-size container of it. Watch our video to learn why you should offer samples, how to price…
How To Change Your Compensation Plan
Whenever a direct selling company is considering changing its compensation plan, there are reasons that this is happening. Either there are problems that need to be fixed, goals that need to be met, or both. What are these problems? As compensation plan consultants, we can learn about a direct selling company’s problems with their compensation…
Compensation Plan Or Software First?
The answer may surprise you. You know you’ll need them both, but the order of acquisition matters. If you contract for MLM software before your compensation plan has been designed, you may be diving into the water before you know what’s in the lake. There May Be Unwelcome Surprises Watch our informative video below to…
Why You Should Focus On Customers
Customers are vital to the health of all businesses. Direct selling companies have two types of customers – those who are representatives of the companies themselves and those who are not. Watch our video to learn more about pricing structures and how customers are good for business. Learn my recommended strategies you can take to…
Save 50% On Tickets Through Aug 31
When is investing in your education smarter now than it will be later? Answer: When you can learn at half price! Don’t wait until September 1st or later to register to attend the 21st Direct Selling Edge Conference in Franklin (Nashville), Tennessee on October 11-12, 2018. Do it today! Why You Should Attend Direct Selling…
How Is Your Compensation Plan Doing?
How is your compensation plan doing? If you quickly answered “fine,” how do you know? If you answered slowly or not at all, perhaps you’re not sure. In this post, I will share with you some tips on how to evaluate the performance of your plan. This is important because your largest expense is field compensation. …
Compensation Plans: Focus On First 30 Days
Compensation plans are complex systems, each component of which has one or more specific purposes. This is the fourth in a series of compensation plan articles that focus on one important element to be considered in the design or improvement of all multilevel compensation plans. The first three articles in this series are Compensation Plans:…