3 Best MLM Compensation Plans You Need To See
When deciding which MLM you’re going to join or promote for, it can be a challenging decision. While there are many different factors that may determine which MLM is better than another – you’ll find that the amount of compensation you earn as an affiliate for a MLM is one of the keys.
We’ll be covering the 3 best MLM compensation plans we’ve found to outperform 23 other MLM’s we’ve researched.
Each of these compensation plans have shown that they are simple while being extremely effective at helping you earn eventually more than any other MLM you may consider becoming a part of.
Based on these 4 main criteria below:
We used these 4 main criteria in our research of the best MLM compensation plans, because you can have the best compensation plan in the world on paper, but if no one wants what you are selling, or the products and services are so overly priced, no one is going to keep buying them anyway.
There has to be some unique selling proposition as well.
We also eliminated many companies that were more set up like a pyramid scheme or were nothing more than a money game and had no real products or services.
1. Cost Of Products Or Services – Are they affordable to the masses? Do they have worldwide appeal? (More so now than ever, as high inflation runs wild, overly inflated priced MLM products of the past are not as appealing in the current market.)
2. Consumption – Is it a true consumable product, meaning will people pay for it regardless of the opportunity?
3. Retention – How long will people keep buying? (Are the products unique in their perspective market, is the pricing competitive, do they give customers a real result, all of these things will play a big factor in determining retention)
4. Multiple Products – Does the company have multiple products people can purchase? (Having multiple products allows distributors and affiliates to make more sales, commissions and volume within their organization.)
Let’s walk through the best MLM compensation plans and how you can earn that maximum amount of money from them today.
Best MLM Compensation Plans
Out of 26 total MLM’s we researched to find out which ones have the best compensation, there are 3 that have risen to the top based on the 4 factors above.
Learn more about each of these MLM companies to decide for yourself which of the 3 is the best option for you to join and earn with.
GotBackup
While having one of the most simple and direct MLM compensation plans, GotBackup offers an incredible digital service that is needed more than ever before. Being able to back up your data, pictures, videos, and content – without risk of it every being taken away, lost, or stolen.
You can earn handsomely while you help other people preserve their precious memories, private information, and so much more. Here’s what the compensation plan for GotBackup looks like in a nutshell.
Compensation Plan: 200% commissions on the first months purchase of any referral with it moving down to 25% after that. You earn an additional 25% matching check bonus on any commissions earned by anyone your own referrals bring in to purchase the product.
Plus, you have the binary where you earn a % of total sales for all people in your entire downline that complete a cycle of 2 : 4 members. Meaning 2 in one leg of the binary, and 4 in the other leg, means you have generated 1 cycle.
Pros and Cons of Earning with Gotbackup
1. Cost of Product
Pros:
- Affordability: Gotbackup offers its service at a competitive price, making them accessible to a wide range of consumers. This affordability increases the potential customer base, making it easier to sell the product to the masses.
- Worldwide Appeal: As data backup and security needs are universal, Gotbackup’s services have global relevance. This allows you to tap into a vast international market.
Cons:
- Price Sensitivity: While affordable, some consumers might still consider alternative free or lower-cost backup solutions, impacting sales potential. There are already big established giants in this industry, and people are not as trust worthy with just letting unknown companies store and have their data.
- Currency Fluctuations: In some regions, currency exchange rates might make the product less affordable, affecting international sales.
2. Consumption
Pros:
- Essential Service: Data backup is a critical need in today’s digital age, ensuring that Gotbackup’s services are highly valued. People are likely to pay for reliable backup solutions regardless of the business opportunity.
- Recurring Need: Since data continues to grow, users will consistently need backup services, ensuring ongoing consumption.
Cons:
- Competition: The market for data backup services is very competitive, with many alternatives available, which might affect consumer loyalty and decision-making.
- Perceived Value: Many consumers might underestimate the importance of data backup until they experience a data loss, impacting immediate sales.
3. Retention
Pros:
- High Retention Potential: Given the nature of data backup, once customers start using Gotbackup, they are likely to continue due to the convenience and security it provides. Long-term retention is common as users accumulate more data.
- Automatic Renewals: Subscription models can lead to automatic renewals, ensuring a steady revenue stream and higher retention rates.
Cons:
- Service Dependence: Retention depends on the quality and reliability of the service. Any technical issues or data loss incidents could lead to customer dissatisfaction and higher churn rates.
- Market Competition: Customers might switch to competitors if they find better features or pricing, affecting retention.
4. Products
Pros:
- Multiple Solutions: Gotbackup may offer various data protection and management solutions, catering to different needs such as personal, business, and enterprise solutions. This diversity allows for more appeal.
- A Simple Service: A wide range of products might confuse potential customers, making the decision process harder and potentially delaying purchases.
Cons:
- No Real Complimentary Services: Additional services like enhanced security features, cloud storage upgrades, and specialized backup solutions can attract a broader audience and would provide more income for affiliates and distributors.
- Not Having Multiple Product Offerings: Because of the low commission percentage 25% of the basic service at $9.97, Gotbackups compensation plan considering all parts of it, could take much considerable time for the average marketer to build a meaningful income.
Gotbackup Summary
Gotbackup presents a promising opportunity with its affordable, essential, and globally appealing backup services. Its consumable nature ensures ongoing demand, and high retention rates are achievable with reliable service.
However, market competition and the need for effective service management pose challenges. With a variety of solutions, Gotbackup offers potential for significant earning potential long term, provided the company maintains very high standards, and clear communication and support for customers.
And unfortunately in the digital age we live in, some generations of people still do not even understand what digital backup services are, and may not resonate with this service at all.
Greatlife Worldwide
Greatlife Worldwide is a network marketing company that provides a range of specialized health, wellness, and lifestyle products.
The company focuses on offering affordable, consumable products with mass global appeal.
We are members of Greatlife Worldwide and could not be happier..
Its business model allows individuals to earn income through direct sales and by recruiting others to join the network.
Greatlife Worldwide supports its members with comprehensive training, marketing tools, and backend support, making it easier for them to generate sales and build a successful business.
The company emphasizes high-quality nutritional and digital lifestyle products, and a strong community, aiming to help people achieve financial independence and a balanced healthier lifestyle.
Greatlife Worldwide compensation plan is one of the most lucrative in the industry.
Here is a snapshot image over-viewing their comp plan, they pay affiliates and distributors 8 different ways.
Click here for the full Greatlife Worlwide Compensation Plan
Pros and Cons of Earning with Greatlife Worldwide
1. Cost of Product
Pros:
- Affordability: Greatlife Worldwide offers a range of products at competitive prices, making them accessible to a broad audience. The affordability factor increases the likelihood of attracting a large customer base.
- Worldwide Appeal: The products cater to universal needs such as health, wellness, and lifestyle improvements, making them appealing across different cultures and regions.
Cons:
- Price Sensitivity: In some markets, even moderately priced products might be considered expensive due to local economic conditions, potentially limiting market penetration.
- Economic Barriers: Currency fluctuations and economic instability in certain regions might affect the affordability and accessibility of products for the masses.
2. Consumption
Pros:
- Essential Products: Greatlife Worldwide’s products, which include specialized health and wellness items, are essential for maintaining a healthy lifestyle. People are likely to purchase these products regularly regardless of the business opportunity.
- Recurring Need: Consumable products such as high quality supplements, personal care items, and wellness products need regular replenishment, ensuring ongoing demand.
Cons:
- Market Saturation: The health and wellness market is highly competitive with numerous alternatives, which might affect consumer loyalty and decision-making.
- Perceived Necessity: Some consumers may not prioritize health and wellness products unless they experience a specific need, impacting consistent consumption.
3. Retention
Pros:
- High Retention Potential: Health and wellness products often become a part of a customer’s daily routine, leading to high retention rates as long as the products deliver on their promises.
- Subscription Models: Offering subscription services for regular delivery of consumable products can enhance customer retention by providing convenience and consistent supply.
Cons:
- Product Satisfaction: Retention heavily depends on the effectiveness and quality of the products. If customers do not see tangible benefits, they may discontinue use.
- Switching Costs: Low switching costs in the health and wellness market can lead to customers easily trying out new brands and products, affecting long-term retention.
4. Products
Pros:
- Diverse Product Range: Greatlife Worldwide offers multiple products across various categories such as health, wellness, personal care, and lifestyle. This variety caters to different customer needs and preferences, enhancing cross-selling and upselling opportunities.
- Innovative Offerings: The company continuously develops and introduces new products based on the best nutritional research, keeping the product line fresh, unique and exciting for customers.
Cons:
- Complexity: Managing a wide range of products can be complex and resource-intensive, requiring efficient inventory and supply chain management.
- Customer Decision-Making: A large product range can sometimes overwhelm customers, making it harder for them to make quick purchasing decisions.
Greatlife Worldwide Summary
Greatlife Worldwide offers a very lucrative opportunity with its affordable, consumable, and globally appealing products. The essential nature of its health and wellness offerings ensures regular demand, and high retention rates can be achieved through quality and effective product delivery.
However, the competitive market and need for robust product management pose challenges. With a diverse product range, Greatlife Worldwide provides ample opportunities for earnings, provided the company maintains high standards and keeps the customer purchasing experience simplified.
Click Here To Take The Greatlife Worldwide Free Tour
Usana
Usana is a global health and wellness company specializing in high-quality nutritional supplements, personal care products, and healthy living solutions. Known for its commitment to scientific research and product efficacy, Usana offers a range of products designed to support overall health and well-being.
The company operates on a direct selling model, allowing individuals to earn income by selling Usana products and recruiting others to join the business.
Usana emphasizes premium quality, customer satisfaction, and continuous innovation, aiming to help people lead healthier lives.
There are six ways to earn income with the USANA Binary Compensation Plan:
- Retail Sales
- Weekly Commissions
- Lifetime Matching Bonus
- Incentives
- Leadership Bonus
- Elite Bonus
Click here for the full Usana comp plan
Pros and Cons of Earning with Usana
1. Cost of Product
Pros:
- High-Quality Products: Usana is known for its premium, scientifically-backed health and wellness products, which can justify slightly higher prices.
- Worldwide Appeal: Usana’s products are designed to meet global health standards and cater to universal wellness needs, making them appealing across different regions.
Cons:
- Affordability: The premium pricing of Usana products may be a barrier for some consumers, especially in regions with lower purchasing power, limiting the potential market.
- Economic Sensitivity: In economically challenged areas, higher-priced products might be less accessible, affecting sales and market penetration.
2. Consumption
Pros:
- True Consumable Products: Usana offers essential health supplements and wellness products that are used and replenished regularly, ensuring consistent demand.
- Health Focus: Given the increasing global emphasis on health and wellness, people are likely to prioritize spending on high-quality supplements regardless of the business opportunity.
Cons:
- Competitive Market: The health and wellness market is highly competitive, with numerous alternatives available, which can impact consumer loyalty and choice. And Usana’s products are a bit pricier.
- Perceived Value: Some consumers might not perceive the added value of premium-priced supplements over cheaper alternatives, affecting consistent consumption.
3. Retention
Pros:
- Customer Loyalty: Usana’s commitment to high-quality, effective products can foster strong customer loyalty and long-term retention.
- Subscription Models: Usana offers subscription services for regular delivery of products, enhancing convenience and encouraging ongoing purchases.
Cons:
- Effectiveness Perception: Retention relies heavily on customers perceiving significant health benefits from the products. If results are not as expected, customers may discontinue use.
- Switching Costs: Low switching costs in the supplement market can lead to customers easily trying new brands, impacting retention rates.
4. Products
Pros:
- Diverse Product Range: Usana offers a variety of health and wellness products, including vitamins, supplements, skincare, and personal care items, catering to different needs and preferences.
- Innovation: The company regularly updates its product line with new and improved offerings, keeping the product range fresh and appealing.
Cons:
- Complexity: Managing a broad product range can be complex and may require extensive knowledge and training to effectively market and sell the products.
- Customer Decision-Making: A wide variety of products might overwhelm customers, making it harder for them to choose the right product, potentially delaying purchases.
Usana Summary
Usana provides a proven opportunity with its premium, consumable, and globally appealing health and wellness products. The essential nature of these products ensures regular demand, and strong customer loyalty can lead to high retention rates.
However, the competitive market and higher pricing pose challenges. With a diverse product range and continuous innovation, Usana offers significant earning potential, provided the company effectively communicates the value and benefits of its products to consumers.
Getting Leads For Your MLM Business
We included these last two companies, because of the fact that every person involved in multi-level-marketing, direct sales, or network marketing needs leads.
Without them, you have no business, and it does not matter how well your MLM company pays.
Plus as a bonus, both these two companies have multi level facets to their comp plans as well.
Traffic Authority
If you want to be able to buy traffic and sell a highly in demand product and service, then make sure you consider becoming a customer and affiliate for Traffic Authority. While Traffic Authority is not considered to be your normal MLM, it enables you to be able to sell what ever business across the world needs.
With Traffic Authority you’re able to resell traffic and leads to anyone you desire. You earn a percent of all sales you directly refer, and also earn from a few levels deep in affiliate commissions too.
Join TA For Free Here And Learn More
Compensation Plan: All personally enrolled sales commissions are shared with your direct active upline or active qualified upline in the case of Traffic Package Qualification Levels. So this means when you refer people if you do, you are able to earn commissions from your downline sales, plus your own.
As long as an affiliate remains active, once someone is coded to an affiliate they are coded to that affiliate for life. Affiliates earn commission up to and inclusive of the level of Traffic Package they’ve either already purchased or earned within their Qualification Bank.
While this compensation plan is more complex as to the nature of how affiliate commissions are paid and split, it is still very rewarding for any affiliate or MLM member that wants to sell their traffic and leads.
List Elevate
If you want to work with a very simple and easy to promote MLM, consider becoming a member of List Elevate. List Elevate is a list building system that helps you generate a very large email list. The parent company has been in business for 20 years.
The product you get with your purchase is an autoresponder, lead capture system, promo tools, affiliate system, and many other bonuses and downloads as well.
As you promote the List Elevate system and generate your own leads, some of these people will sign up to use the system as well.
When they do, and they start promoting, they will also generate leads for you, plus potentially generate you affiliate commissions.
Compensation Plan: Get 50% commissions for life of all direct referrals. Get a 25% matching check bonus on any sales generated by referrals you bring in. Yes, that’s pretty much it!
A very simple and easy to follow compensation plan that nearly anyone can get behind and understand no problem.
Join ListElevate Here And Learn More
What Makes One MLM Compensation Plan Better Then Another?
There are some important factors you need to consider when deciding which MLM compensation plan is the best for you to earn from. Here’s the most important factors on deciding which MLM or network marketing business opportunity is best for you.
- Type of products and services sold
- Quality of products and services sold
- % of upfront sales earned.
- % of downline sales or volume earned from.
- % of your organization commissions are earned from
- How the company or MLM allows you to sell their products and services.
- Qualifications – most MLM companies have qualifications to earn bonuses, level up, and earn free trips, rewards and more.
Use these different strategies to decide which compensation plan above that was highlighted, is best for you.
Why Are Most MLM Compensation Plans So Complex?
The most complex compensation plans for MLMs are often made to confuse and not allow you to understand how much you’re actually earning. This is why you need to be very careful with which MLM you decide to join, and it’s why we made this list here. The more simple and transparent compensation plans give you a much clearer idea of how much you can actually earn at the highest level.
But most are somewhat complex in nature, because they need to set qualifications to earn the highest commissions, so you strive to do more.
Try to join and become a part of simple MLMs that have honest, transparent, and clear compensation plans that seem to put you as the affiliate in favor.
Final Thoughts On Deciding Which MLM Is Right For You
After going through everything you’re read today, it’s important to both use your own strategy and thoughts along with what you’ve learned. There many different ways to incorporate and decide which MLM is going to be your one you’re with for possibly years.
While we highly suggest that you decide to become a part of Greatlife Worldwide, you may choose any of these companies based upon their compensation plans or based upon the types of products they sell.
With our kindest regards,
Jon Weberg
Richard Weberg