Compensation Plan Perfecto: Everything You Need To Know About Network Marketing Compensation Plans Plr Ebook

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Table of Contents

Foreword

Chapter 1:
Compensation Plan Basics

Chapter 2:
Unilevel Network Marketing Compensation Plan

Chapter 3:
Stairstep Breakaway Network Marketing Compensation Plan

Chapter 4:
Matrix Network Marketing Compensation Plan

Chapter 5:
Binary Network Marketing Compensation Plan

Chapter 6:
The Benefits In Understanding Compensation Plans

Wrapping Up

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Chapter 1:

Compensation Plan Basics

Synopsis

The following are some of the ideal elements that should be part of a good compensation plan.

The Basics

– Determining the accepted market rate of the times is one way of designing a complete and compatible compensation plan. This should start at the very beginning of the lean product cost right up to the cost eventually paid for by the buying customer. The compensation plan should reflect these costs hidden or otherwise.

– Align the compensation plan to the work load undertaken which is relative to the market rate of the time. These should take into account any progressive improvement of sales and performances.

The ideal behind any compensation plan should be that it works as a good ongoing motivator. Goals should be reached because of the prime reason of wanting to be compensated as promised.

Therefore understanding the value of a good compensation plan will then contribute to successful sales records.

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