Are you looking to increase your MLM business's customer acquisition and retention volume? A custom Global MLM software solution might be just the thing you need.SCHEDULE A DISCOVERY CALL TODAY!
No business can sustain long-term growth without an action plan for growing its customer base. The situation remains fluid with a changing tide toward more digital resources and customer acquisition costs rising by 60% in the past five years. Nevertheless, keeping a few critical methodologies in mind can help you stay on the better part of the shore.
The factors mentioned above work well for any business. However, a few aspects vary significantly for a network marketing business. These include the following:
Acquisition marketing involves implementing specific tools and strategies exclusively for new customers. It is often an excellent plan for MLMs, many of whom might be unheard of by most people.
The process bears plenty of weight on the frontline associates tasked with conducting recruitment and sales campaigns. They can't do their tasks efficiently unless they have the necessary data and resources. That is why interactive CRM dashboards are relevant for MLM organisations worldwide.
The means through which you bring in new customers/recruit associates determine the volume and quality of your customer base. They can vary depending on paid or unpaid, inbound or unbound, advertising or interactive, etc.
It would help to have robust MLM software to track each campaign in real-time whilst maintaining a record of each prospect without missing essential details.
For MLM businesses, each added leg of the genealogy tree and every product sent down the ladder increases in value. In such a structure, the firm's success depends upon the front-end associates converting high sales percentages.
Thus, customer and product value measure is distinct from conventional businesses. You can't count on a fresh recruit to make the same sales targets as someone three levels up. That distinction is why MLM software evaluation should have modified parameters for the CRM and the primary company dashboard.
The Customer Acquisition Cost (CAC) formula shows just how much a business spends on acquiring a new customer on average. For instance, if a company ran an ad campaign for $5000 and got 20 new customers, then the CAC comes out to be $250.
But that is not the same for a network marketing business. You never know which of your customers can become part of the organisation tomorrow and start conducting your marketing campaigns instead of being targeted by them. Therefore, the total cost is the sum of the commissions, bonuses, sales figures, and marketing expenditure. You need a reliable MLM software solution to keep track of all that.
A talented team of individuals with years of experience in software development and network marketing
Implementing top-class security measures for customer data, company details, and server access
Complete white-label ownership to the client. Global MLM is only responsible for development
24/7 customer support, ready to help you out at a moment’s notice
A dashboard with easy access to the latest customer acquisition methodologies for training modules
Regular tweaks and updates as per the latest trends in customer acquisition
Hear what our clientele has to say about Global MLM software.
Global MLM was the choice we made after reviewing six separate platforms in detail with the founders and their team.
Do you have a question about our initial coin offering platform? Look here.
MLM Software also known as Network Marketing Software or MLM Marketing Software used by MLM companies to manage referral network, distributors, commissions, operations. It is usually customised as per the unique compensation plan of each company.
Global MLM Software is the top MLM software development company that provides white label MLM software. The platform is designed to meet easy back-office administration, timely & accurate commission processing with distributor engagement tools and sales enablement features
Global MLM's script aids direct selling companies and distributors throughout the sales and marketing process - it provides features that assist with lead generation, marketing, distributor management etc..
We provide assistance with Compensation Plan design as well as Evaluation:
Design for New Companies :
We educate you on the various types of compensation plans including unilevel, binary, matrix, gift plan etc.. We explain to you the pros and cons of each type of plan. We design a compensation plan that meets your goals and priorities.
If you are an established company seeking help to amend or to rewrite your compensation plan, we take the time to listen to your current challenges and goals. Our expert consultants review the statistics and identify the areas which need attention.
It depends on the project complexity from Design, functional, technical and integration aspects.
Please contact us , we will be happy to assist you with your queries
All our employees work as full-time employees and are bound by company confidentiality and non-disclosure clauses.
Additionally, for sensitive projects, we create isolated network segments disconnected from any public network.