Not having network marketing software for your MLM business is the best way to guarantee failure. While you might not need anything big right now, if you plan to grow (and if you don’t, then why are you in the business?) then you’re going to need a foundation beneath you that’s going to support that growth.
Without it, you’re going to crash from working yourself to a frenzy and your business will implode. No matter who organized you are, how well you can multi task – you can’t keep track of the thousands of aspects of running a MLM business by hand.
Imagine if you had to type in commission payouts for two thousand distributors! How long do you think that would take you to put it in your spreadsheet? How excited do you think you’d be doing it? Never plan business needs from where you are, but from where you plan to be.
You’ll find that there are plenty of network marketing software programs to scour through and that the features they offer will differ from vendor to vendor. Before you consider buying, check to see which software has been around awhile.
You want something with a reliable reputation and decent customer service. New software no matter how good it is can be risky if there’s no proof it’ll hold up to volume you’re going to produce.
Always compare features. Software with a lot of features doesn’t automatically make it the best. Only you know where you’re going and the features that will help you get there. If you plan to branch into overseas MLM opportunities, make sure that the software you purchase offers multiple language formats – an English only one for you would be a waste of money.
The most important feature in the software you choose is one that has the best compensation structure. You want to make sure the software is compatible with how your distributors earn.
Because each MLM business sets up their payouts differently, the program that works for one might not work for another. Look for the software that offers a choice of compensation plans.
Or, if you’ve created your own business and have your own compensation plan, make sure the network marketing software gives you the ability to use a custom designed plan. You don’t want to play around with this. Not only will you lose distributors if they aren’t paid as promised, but you can get in trouble with the IRS if the money isn’t properly accounted for.