Network marketing, Direct Selling has become a very popular business model today. In this model, companies sell their products through independent representatives rather than through traditional marketing channels. These representatives earn money by establishing their own consumption networks and promoting their products.
Network Marketing M.L.M. in network marketing. There are many different types of plans used in trading models. The most common plan types are:
1. Single Tier Plan (Unilevel): This is the simplest and most common network marketing plan. In this plan, reps earn commission on their own sales and the sales of their teams at levels one, two, three.
2. Unlimited Tiered Plan (NextLevel): It is the new popular network marketing plan. In this plan, reps earn commissions on their own sales and the sales of their teams at infinite levels.
3. Binary Plan: In this plan, representatives form two teams, left and right. They earn commissions on sales from both teams. This can lead to imbalances as one team grows faster than the other.
4. Matrix Plan: In this plan, representatives form a certain number of sub-teams. They earn commission on sales made at all levels. Matrix plans can be complex and pose a risk of fraud.
5. Breakaway Plan: In this plan, representatives earn higher commission rates when they reach a certain sales volume or team size. These plans can be motivating, but can be disadvantageous for beginners.