ADVANTAGES AND DISADVANTAGES OF HELPING MLM PLAN – MULTI LEVEL MARKETING

Multi level marketing consists various types of plans into it such as – binary plan, matrix MLM plan, Uni-level MLM compensation plans, board MLM plans and so on. The only plan which is totally dependent on users instead of company is helping MLM Plan. Helping network marketing plan includes procedure of offering gift/donation in terms of money to one or more users and gaining gifts from multiple users in front of it.

DEFINITION OF HELPING MLM PLAN AND GIFT PLAN WITH DONATION IN NETWORK MARKETING

Helping plan is much in trend from past few years conducted by users. It can be named as donation plan or else gift plan comprising give and take strategy behind it. This execution is to provide an amount of money in form of gift to single or multiple users directly and gaining numerous gift returns. It is not any confidential procedure of any company leaders gaining profit instead it is highly performed by users.

HELPING PLAN MLM SOFTWARE AND ITS CHARACTERISTIC

The supervision of various business working is the challenge of the MLM business software. Gift plan or helping plans are welcoming plans in the Multi-level marketing. The participation of the strangers and their business involvement is the principal/chief thing for network marketing. The benefits of helping plan overcome the drawbacks of it; therefore, people prefer to take part in helping/gift plan. Because of this, many companies also prefer helping plan as their core plan.

Below are some pros and cons of helping MLM plan:

BENEFITS:

Donation plan is a very clear and simple networking plan to understand. Below are some of its benefits:

• Currency exchange and transactions held are very clear.
• The details and transactions are secured through the specified software.
• Helping plan contains immense data and thus this information is mentioned clearly in this plan.
• The proportion of risk is lower as a result there is no such loss occurred to company. Therefore, users can use this plan without looking into profile of any company related to its liability or loss.
• The network is totally carried by users instead of any company leader attracting more people towards it.
• In certain cases individual can generate required profit through help of helping plan.

DRAWBACKS:

Along with benefits this plan also carries some drawbacks such as:

• Generally, there is absence of any promotion of product under helping plan as compared to other plans of network marketing.
• Only the one who are assured about their return get involves in the plan.

MLM software’s are only planned by the experts who have in depth knowledge of advantages as well as disadvantages of the plan. As per the helping plan, management of multi-level people/networks are challenge to be faced by the software making. The benefits of helping/donation/gift plan overcome the disadvantages of it; therefore, this plan is a better option to participate in.