MLM: The Lingo of Network Marketing: Terms You Should Know. Part 7
An Introduction to Network Marketing
By Jeffrey A. Babener
Excerpted from Network Marketing: What You Should Know, Jeffrey Babener, Legaline Publications
MLM consultant practice tips. An experienced MLM Legal Expert and MLM Law Advisor may become the most important part of an MLM Corporate team. This person has experienced almost every MLM Business and Legal Issue and will likely provide experienced MLM Insight and guidance on MLM Business and MLM Law Related issues. MLM Legal and MLMLegal.com and Babener and Associates provides expert MLM Consultant and MLM Consulting advise on MLM corporate, MLM software, MLM Compensation, MLM Taxes, etc. MLM Consulting is an important component for MLM startup.
Stairstep Breakaway - The oldest and predominant compensation plan. Initially, distributors are paid a percentage override on the sales of multiple levels of their downline sales organizations. After meeting certain performance criteria, a distributor advances in rank and breaks away from his or her original sponsorship line. The original sponsor receives a percentage override on the sales of the entire breakaway organization.
U.S. Postal Laws - The Postal Service regulates the industry through application of its lottery and mail fraud statutes. Some administrative judges have interpreted the lottery statutes quite broadly in this field, suggesting that any multiple-level program may create the chance element of a lottery. The mail fraud statutes are generally more oriented to mail order operations and are most concerned with marketing plan misrepresentations.
Unilevel - A compensation plan in which distributors receive commissions or bonuses on the sales volumes of distributors on a finite number of levels - five levels, for instance - and do not advance to a qualification above distributor regardless of performance.
Upline - All sponsors above a distributor.
MLM Consultant Practice tips. Proper MLM Capitalization is essential to the MLM Startup and MLM corporate business. The need for capital is in inverse proportion to the ability of the MLM to recruit distributors. MLM Legal and MLMLegal.com and Babener and Associates provides expert MLM Consultant and MLM Consulting advise on MLM corporate, MLM software, MLM Compensation, MLM Taxes, etc. MLM Consulting is an important component for MLM startup. Careful Choice of MLM Software is another component of MLM Corporate. An MLM Consultant and MLM Law and MLM Legal is part of the MLM Startup Team. MLM Compensation must be reviewed by an MLM Consulting standpoint by a MLM Consultant and MLM Legal and MLM Law professional and programmed by a MLM Software and MLM Technology provider.