MLM is a direct selling process and why do we need MLM software?

Are you interested in starting a new MLM Multilevel marketing firm? I am describing below are the detailed steps and help. I have given a complete checklist as well below, so please go through this content till the end. This article is useful for MLM Companies, Direct Sellers, and Even for customers who are interested in using world-class quality products.

Step 1. First, pick up a world-class product that you want to sell using the Direct Selling MLM network marketing channel. This is really important step to identify world class product because the whole business will stand up on this product only. If your product selection is good then 90% of your work is done

Step 2. Start looking for manufacturers or wholesale of the product and work out on the pricing.

There are many websites online through which you can select your world-class product. You have to log in to these websites and post your requirements.

• https://www.indiamart.com Just Login to their website, create an account and post your requirement detailing qty, product description, etc. You will get a lot of offers from different merchants selling their products via Indiamart. You can also call indiamart call center no. 09696969696 or install their mobile app and raise your inquiry there as well. Indiamart is one the best leading Business to Business portal where you will find a lot of manufacturing companies and wholesalers selling their products. Their prices are most competitive in the market, and you will get the best merchant in your panel. You have to ensure you clearly describe your requirements so that you get relevant queries. Leave your Name, number, and email address. 

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• https://www.justdial.com Login to their website and search for merchants selling products or services you need. Their calling customer care number is 8888888888, and you can also install their app. Submit your inquiry with your Name and number. You will quickly get a lot of phone calls from different merchants. On this portal, you will get quick responses, and you need to save numbers while you are taking calls; otherwise, you will lose the track. You also get SMS from different sellers, but that number is minimal. The best way to handle such sudden calls is to let them know your WhatsApp number. When you get a call, tell them that send product details on WhatsApp. You will be able to cover more vendors if you follow this method.

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Essential Tips: 1) Do Sampling before purchasing any material in bulk qty. 2) Keep note of all numbers, calls you to receive so that you can call them and coordinate for sampling and purchasing. 3) Try to get all official quotations on emails so that its appropriately documented.

Step 3.    Put the MRP, Distributor Price, Business Value, Cost, and Company Value for the product.

1.      MRP - maximum retail price
   
2.      Distributor Price - This is the price at which you will give your products to the direct sellers or members.
3.      Business Value - This is the actual distribution of profit to your team members or direct sellers as per the Plan. 
4.      Point Value - This is a reward or direct benefit given to the actual consumer of the product.
5.      Cost - Actual product cost, including Transportation, shipping, wastage, breakage, etc.
6.      Company Value - Actual profit which is earned by the Company.

Essential Tips: 1) Calculate Business Value carefully because this is the actual profit distributed in the team. 2) Don't allocate more than 60-70% of the business value because you need to keep some benefits for yourself as well. 3) You should have a detailed calculation of your Plan.

Step 4.     Establish all lawful processes in the organization and register under companies act. 

The most crucial step for the growth of the Company. This builds a lot of trust among companies if you are registered under the Company's Act. You should start with a Private Limited company and complete your ISO certification process. You also need to have a current account, Pan Card, GST number for your Company. There are many essential points to be noted as a Private Limited company, and please find below is the detailed checklist for your reference. These are the necessary checks as per the Company Law.

There is a need to maintain this checklist for the excellent health of your Company and ensure there are no penalties imposed by government officials. These penalties can go unto 5 lakh depending on the compliance's missed or not completed. 

IN CASE OF PVT LTD COMPANY

1. Whether Company has PAN No
2. Whether the Company has TAN No
3. Whether Company has GST No
4. Whether capital amount has been deposited in Bank
5. Whether Form 20A has been submitted within six months of incorporation
6. Whether First Auditor has been appointed within 30 days of the formation of Company
7. Whether Company has done quarterly board meetings
8. Whether proper notice was sent for board meetings
9. Whether AGM has been done on or before 30th Sept
10. Whether proper notification was posted for AGM
11. Whether Minutes of Meeting has been prepared
12. Whether Directors KYC form has been submitted to ROC
13. Whether MSME form has been submitted to ROC
14. Whether Form DPT-3 has been submitted to ROC
15. Whether company KYC form has been sent to ROC
16. Whether Form AOC-4 has been submitted to ROC
17. Whether Form MGT-7 has been submitted to ROC
18. Whether Form BEN-1 has been submitted to ROC
19. Whether Form NFRA-1 has been submitted to ROC
20. Whether loan charge has been created, if any

IN CASE OF PROPRIETORSHIP FIRM  

1. Whether Firm has PAN No
2. Whether Firm has TAN No
3. Whether Firm has GST No
4. Whether Firm has a current account
5. Whether books of accounts are maintained
6. Whether Books GST ITC is matched with GST Portal
7. Whether issuing GST Tax Invoices
8. Whether issuing Eway Bill 
9. In case of Export, whether LUT has been applied
10. Whether GSTIN is displayed in Name Board
11. Whether GST is payable under Reverse Charge 
12. Whether Monthly/ Quarterly GST returns has been filed before the due date
13. Whether monthly GST has been deposited before the due date
14. Whether Quarterly TDS returns have been filed before the due date
15. Whether ITR has been filed before the due date

 GST COMPLIANCES  

1. Whether Firm has GST No
2. Whether books of accounts are maintained
3. Whether Books GST ITC is matched with GST Portal
4. Whether issuing GST Tax Invoices
5. Whether issuing Eway Bill 
6. In the case of Export, whether LUT has been applied
7. Whether GSTIN is displayed in Name Board
8. Whether GST is payable under Reverse Charge 
9. Whether Monthly/ Quarterly GST returns has been filed before the due date
10. Whether monthly GST has been deposited before the due date

Step 5.    You need the best MLM Software, and we can help you select the best software with the best MLM plan :

Our MLM Software can manage every complicated procedure with great simplicity. We are using a well-organized structured development process. We first start Building a blueprint of MLM company's initial requirement, Signing off official agreements, and then customizing the application is our core expertise. 

Selecting our most exceptional MLM Software or a bundled package with following functionalities and features gives you a cutting edge and advantage against other competitors: 

1. Admin Panel Integrated with TritanERP Software to manage (Purchase, Sales, Inventory, Finance, and HR Management). ERP software is Enterprise Resource Planning, and we are having almost 8 yrs of experience managing corporate customers. 'tDon't just think of selling products using cheap MLM software which does not give Inventory management, HR Management, Finance Management, etc. That cheap software will help you to stand your Company for max six months, and after that, you will crash because there is a lot of processes needs to be automated and not just MLM. Today you will be able to manage 100-1000 transactions per day, Just think of managing 10000 or 1 lakh transactions per day. Do you which such cheap low-quality software will be able to help you achieve the same?
2. Role-Based System access in which you will be able to manage multi-user logins and access for employees.
3. User panel with Dashboard, Team Tree View, Down line Details, Manage Rewards, Coupons, Pin, E-wallet, etc
4. Integrated with Ecommerce Solution (Shopping Cart, Checkout, Payumoney Payment Gateway, COD, etc.)
5. Direct Selling MLM Software and Website as per requirement and Plan
6. Plan Designing - We also design Plans as per your needs.
7. Logo Designing - Free logo designing for your Company.
8. PPT Creation for sales promotion (After 1 Month). This is our core specialty, and we will deliver corporate-level PPT.
9. YouTube Video for Sales Promotion (After 3 Months). You can refer to our Youtube videos on our channel.
10. 1 Year Cloud Hosting on AWS Amazon Servers. 99.99% uptime availability and hosted servers at Mumbai location. We are not giving those cheap hosting servers or VPS servers which keeps crashing. Our Cloud-based hosting solution is unique in itself.
11. 1 Year Domain Registration
12. 1 Year Support, Maintenance, and Development. We don't write for the sake of writing. We deliver. We work on quality and not quantity. 
13. Digital Marketing and Creating Sales Promotion Strategy: SEO Friendly website and software, Speed Optimized, On-Page optimization, Off-Page optimization like Wiki Backlink, Guest Posting, Profile Creation, Directory Submission, Social Bookmarking, Blog comments, Blog Posts, Article Submissions, Press release submission, Web 2.0, Image sharing, Info Graphic Sharing, Video Sharing, PDF Sharing, Document Sharing etc. (After 3 months).
14. Three months of Training on ERP, Ecommerce, MLM software including user creation, Order management, Invoicing, managing Accounting, and other administrative work.
15. 3 Months Training on Digital Marketing and Sales promotion.

If you think there is something left to manage your Company, we will include that as well :-)

Step 6.    Start creating your team and increase your network.

Building a strong team is the base of the building of your Company. If you appoint MLM leaders who are just running behind the money, then you are at risk. Look for MLM leaders who care about you and your Company. It's hard to find such MLM leaders, but nothing is impossible. Keep hunting good, skilled MLM Leaders who can demonstrate your products to the end customers and manage your business together. It's teamwork, and you need to build your strong team. If you hire someone in a hurry, then you will collapse very soon, and they will leave you in between. The majority of the MLM companies are facing this problem, and their leaders switch from one company to another Company very soon.

Step 7.    Establish sales Strategy and start your own MLM Business Promotions.

Marketing is an essential part of running any business. As you can see above, we have already included Digital Marketing and Training on sales promotions. What else do you need? We will train you and your members building a strong team of professionals. 

Last but not least: an Important ethical process to run MLM Company successfully and Legally. Check yourself (Yes/No)

1. Are you committing any misleading, deceptive, or unfair recruitment practices?
2. Are you misrepresentation real or possible earnings or growth? 
3. Are you doing any factual representation that may not be confirmed?
4. Are you creating any guarantee that may not be fulfilled? 
5. Are you presenting any benefits of direct marketing at a false or deceptive method? 
6. Are you charging members on sales demonstration equipment, entrance fees, renewal fees, or even to buy or substance to take part in direct advertising operations? 
7. Supplying any advantage to any individual for the debut or recruiting of one or more individuals as lead sellers? 
8. Are you Charging any money using minimal monthly renewal or subscription fees? 
9. Is your agreement with a direct seller or member in writing? 
10. Do you provide a Cooling-off period to direct sellers or members? This is required if the case member would like to cancel his membership.
11. Do you offer members a buyback or return policy to MLM Members?

Direct Seller or Member or Sponsor; these are the few words you will see very frequently in the MLM industry. Direct Sellers or Independent Distributors are the core strength of any MLM company. You have to select your Direct Sellers, Independent Distributors with the most stringent selection process. 'Don't just hurry in appointing them because if you name someone who is creating negative vibes in your Company, then it will further damage your reputation. As a direct seller, it is your responsibility and duty to ensure MLM Company guidelines are followed and you work as a co-partner joining hand in hand. You have to provide all Company Kit, Product Details; Product Samples are available all the time with you to present. If you stay in a company for a longer duration, then a lot of companies are giving incentives, benefits, and awards to retain the right talent. Last but not least, if you are earning 100rs, then its always suggested to spend 25rs on yourself or self-development. If you don't make this investment in yourself, then you are still going to struggle in your life. 

Checklist for Direct Seller or Member (Yes/No):

1. Throughout the demonstration, a Direct Seller or Member should show his own truthfully identify.
2. Throughout the process, he/she should show the character of goodness. 
3. An immediate seller must always carry his identification card when visiting a client or customer.
4. No direct seller should visit the Client's or customer's premises without any previous appointment. 
5. Prices should be correct and according to business policies of MLM Company
6. You must explain Return policies and a grievance process to the Client or customer.
7. You need to give After-sales service particulars customer care no etc. to the Client or customer.

As a customer, you need to ensure you understand everything about the product, its usage, consumption, etc. If you don't understand the product and start consuming the same, then you are at risk. MLM Products are high-quality products, and they are not available easily in the market because these products are typically sold inside the network only. So if you compare prices of High-quality products with Low-quality online products sold by ecommerce vendors, then it's not fair. Just correct judgment to select a product and Join MLM company with the right level of information. You also need to operate MLM software, and for that, you can always demand training, etc. 

Checklist for Client Customer (Yes/No):

1. Ensure MLM company is a listed company under company law, and there are no legal allegations against them.
2. Provider Name, address, phone number, email, age proof, etc. to the Direct Selling member or Directly to MLM company
3. Ensure Sponsor Details are filled correctly so that your joining can be done. 
4. Provide all Proofs Like Pan Card, Adhar Card, Bank Proofs required for KYC.
5. Ensure that you understand the return policy, grievance process, etc.
6. Ensure you know the right level of escalation matrix so that if in case required the same can be used.
7. Products that MLM company is selling are genuine, and there are no previous complaints.
8. MLM Companies Vision and Mission should be clear, and you should be able to understand that.
9. Join all meetings organized by the MLM company so that you get the detailed understanding and regular progress.
10. Keep all your records unto date and ensure you get your commission payouts on time.  

You can call us if you need the list of Best MLM Companies available. Give us a call +911234567891 or email info@tritansolutions.com

There are different types of plan available in market however you can choose couple of them from our suite of MLM Plans given below :

• 1) Refining exactness

  Sale steam, assistants, or members are the winners in the MLM business. They are the people to meet the clients, satisfy them, and sell the merchandise. The supreme purpose behind the sales squad is to make reasonable sales to earn decent commissions. Hence it is so significant to execute key undertakings and to process commissions with high-end accuracy. Erroneous processing outcomes in erroneous payments and unreliable business affidavits that end with penalties only. Above all, it builds a puddle of the unsatisfied workforce which moves the business to the horizon of destruction. Create sure that your MLM software ensures precise payment processing.

• 2) MLM schemes

  This is the additional most significant component to contemplate in MLM software. There are numerous well-known MLM plans including Binary Plan, Generation Plan, Board Plan, and matrix Plan. The right MLM software should finance all of these plans used in the present direct selling process. A reasonable amount of MLM businesses depend on a single MLM plan. It is a promising impression to furnish numerous plans to attract members to your business with their favorite plan. This helps the components to extend down lines, meet targets (daily or monthly), and to enhance the payment to the across-the-board business.

• 3) Secure, smooth, and instant commerce

  Clients and merchants look for understandable payments. They need the transactions to be performed favorable and securely through well-known gateways and provincial bank APIs. It is susceptible to combine the best MLM software with all of these expenditure gateways to facilitate the wireless and instant transfer of capital. Some of the MLM software proposes hosted payment gateways for smooth and stable internal marketing's within the network. This encourages the members to get their commissions (payments) on time without any of the usual perils and challenges.

• 4) Automation and incorporation

  When your business accumulates, it mandates the software to incorporate with e-commerce portals, social media, and other online platforms apart from combining with your website. Extent and flexibility in integration are the important components never to skip since it makes the feature of the MLM business. Timely integration with embodiment automates almost all of the processes. This improves the usefulness of investments, order placements, sales, and other services. Promising MLM software touches with high-end integration and industrialization characteristics.

• 5) Additional headlines

  Distant from the above announced significant factors, there are some following characteristics to contemplate before corroborating the list of significant creatures about MLM software. This comprises Website doppelganger, Open-source software development, Reliable tools, Ticketing system, E-pin money transactions, cloud storage and real-time data backup, multilingual support, and multi-user role administration. when appointing the MLM software. Never prepare a short bounce to subsidize since it can evaporate in thin air. The efficiency and epitome of the software is the lifeblood of the MLM business. If it takes off wrong everything can go awry.

• 6) Make a promising exploration

  So, bring reasonable exploration online to learn the pilots in expanding MLM software with future-oriented features. HW Infotech is one of the biggest companies to select from in the province to spouse with to obtain the best multi-level transaction software with vibrant features. You can inquire for a free demo of the software to review the characteristics yourself elf before placing the decree.

• Still, frightened about which MLM Plan to choose ? AskTritan! Here to Help

Tritan Online MLM software is a vital ingredient for Network Marketing Business. We are enduring in an epoch where there are hyper-specialization and hyper-competition is present in every component of the business. Thus, it is relatively crucial to be sure of the right technology. Tritan MLM software does a very decent selection for you. Because you are a decision-maker in an MLM business, the best MLM software will help you keep up forward of the rivalry. The contemporary Tritan online MLM software is loaded with multiple characteristics which create them a very good choice in terms of today’s business requirements. The regulations of modern businesses are significantly tough. Taking into consideration the shifting geography of Multi-Level Marketing Business, it is a period to innovate. Software tools bolster the efficiency of industries considerably. Use technology before you languish behind others in the nationality for survival.

There are justifications to hire a custom MLM software enterprise. MLM Software 2020 for Multi-Level Marketing drives efficiency for the endless workforce. Thus, it is a significant choice in contemplating the challenges and expectations of the 2020 business environment. Collect the advantages of affectionate software customized to hasten business operations. A handful of the aspects of online MLM software are:

• 1. Conserve excessive time and energy

  The Tritan MLM software plays a significant role in mitigating the period required for judgment making in MLM networks. Time is revenue for most of us. The entire business revenue generation, obtainment, and payout model are evaluated by the software. Things get obtained as a consequence of moments. Thus, you expedite the entire learning, enactment, and citing process.

• 2. Not constrained to cliched MLM protocols

  The MLM businesses amassed a laid back plan in the past. They depended heavily on manual labor and additional interventions that were not technology-centric. Today, MLM Software Developers in the world are using contemporary techniques and algorithms. The software solutions are precisely established to help target a much larger audience. It also streamlines several tasks like doing critical monetary calculations. Directory intervention reduces efficiency and heightens the likelihood of human omissions. Thus these technological outlets are mitigating human errors considerably.

• 3. Documenting and administration strategies

  Documenting and administration are indispensable elements of online MLM software. The duration of reproduced automated reports is unrestricted for human errors. Plus, they are commemorated with accurate calculations. Such meticulous estimations are essential to organize an MLM business successfully. As an executive or career decision-maker, you can sit backward and de-stress.

• 4. Educating and recruitment

  The endless training and recruitment part can be put up with supervision by the MLM software. It is an amazing method that can be used to organize the entire training and recruitment part. There are numerous characteristics of the MLM network which cannot be rectified manually. Thus, mighty means of training, recruitment and can be automated by the right MLM software

• 5. Assignment Scheduling and simplification

  The simplification of assignment scheduling completely remakes the personality of MLM businesses. Manual task management is one of the large clunky elements of contemporary businesses. It is very difficult to schedule essential tasks with the epitome. There invariably lies the opportunity of a compassionate omission that would come up with the procedure flow considerably.

• 6. Potency of trending MLM payout programs and packages

  The MLM payout proposals and packages should be synced with the recent ones. Thus, there is a necessity to have a software package system in a niche that would harmonize both. This synchronization is significant to conform to the inclusive sales plan of an MLM business. Tritan MLM software development offers a powerful online MLM software suite. It would be an ideal package to suit the essence of your business.

• 7. Momentum and scalability

  The momentum and scalability of Tritan MLM software kits are unpaired. Manual labor, calculation, and logical proficiency is no match for the increased velocity of automated MLM tools. These tools can expedite the rate at which business undertakings are supervised within the MLM ecosystem.

• 8. High-end functionalities

  The high-end functionalities of the MLM network can be aroused by affectionate software. The high-end features and functionalities of the MLM programs cannot be polished by manual systems. Accordingly, the implication of reasonable MLM software is constantly high in the market. Such embodiments can be accomplished by Best Multi-Level Marketing Software Providers primarily in the USA.

• 9. Protection Features

  The safety features of MLM software are incomparable. Solely taking into appreciation the modern-day defense requirements, one can say that robust software is crucial. The security features of modern-day MLM software are extraordinary. Straight from data safety to secrecy, the outlet conserves helpful business information. Using the attached MLM software, you can simply ensure the real scope of your MLM business. It is certainly significant for today’s businesses to ensure their data. Data appropriations and manipulations have been very widespread in the current duration.

• 10. Accomplishment and Market Dominance

  The accomplishment and demand distinction of software devices are wholly illustrative. Using MLM software, the across-the-board accomplishment and profitability of your business can be leveraged considerably. There are various justifications behind the reasoning of employing the attached software for MLM programs. The smartness, velocity, and efficiency of software algorithms make them excellent collaborators for business philosophers. Thus, many people subsist opting for it.

The accomplishment and demand distinction of software devices are wholly illustrative. Using MLM software, the across-the-board accomplishment and profitability of your business can be leveraged considerably. There are various justifications behind the reasoning of employing the attached software for MLM programs. The smartness, velocity, and efficiency of software algorithms make them excellent collaborators for business philosophers. Thus, many people subsist opting for it.

It is so significant to automate the process of manual selling in MLM to attain achievement. MLM software helps to accomplish this modification by providing reasons comprising accurate processing, high-speed estimations, instant transactions, a simplified company of MLM agendas, cost-efficiency, time-saving, and client attainment.

Every MLM business has its characteristics and usefulness. In extension to the widespread laboring structure, companies look for tailored features in the software for two significant reasons. The initial one is to overhaul the mistakes with delegation creation and the second is to increase the component scrutiny by curtailing time restrictions. This is the explanation of why MLM business looks for the right MLM software that perfectly robes the statute of their business. This is one of the important things to know about MLM software when appointing the MLM software. HW Infotech is well familiar with the unique provisions of MLM industries with different working procedures and payment diffusion and furnishes the consecutive software solutions.

• 1) Reports regarding product sales.

• 2) Information about Income and loss tracking sales.

• 3) Tracks customers easily with agility.

• 4) A stunning pictorial presentation and analytical personalization for MLM customers.

As we have become the slaves of the world wide web - "Internet", creating an urgent need for MLM companies and MLM. This software is efficiently able to perform its job of managing the estimation of demand and supply in the middle of market penetration and saturation.

Also, if we consider the viewpoint of the regularly registered customer base, your users can easily log in and logout with their sensitive information being highly safe and secure. Your customers can also view their line structure, return statement, fund statement, etc. Also, if your customers want some other type of information too then they can contact Admin in that case and as required features to the MLM software.

As you torridly love your business and so we do. If just don't craft software and empathy but we incubate them with your zeal and zest of your dreams. Your passion is a spectrum of hope and happiness for the Tritan group. Our MLM software ensures the following skill sets at your convenience -

• 1) We provide you the software with which you can easily and rapidly approach World wide customers.

• 2) The Registered and authorized members of the team can examine their payment details, purchase conducted, referral history, purchase history, coupons used on the web at any time, and anywhere.

• 3) Our MLM software is highly capable to calculate expenses as per the scheme is defined.

• 4) Registered users can analyze and process their down lines and accounting management. This software enables them to calculate members, payment laps, expiry, and renewal easily.

• 1) A whole new MLM approach.

• 2) Saving your precious time.

• 3) Vast and seamless pattern of training.

• 4) Easy and quick scheduling and rejigging.

• 5) MLM software customization.

• 6) MLM integration.

• 7) Quick and powerful reporting with robust speed.

Our MLM Software can handle the complicated process with great simplicity and with a well-organized structure. Our first step is Making a blueprint of business first and then customize software as per the customer requirement. We have used the following technology for Front end and Backend.

1.   front-end development - HTML, CSS, Bootstrap, JavaScript, jQuery etc.

2.   back-end development - Mysql.

We also have expertise in Digital Marketing and running customized digital marketing plans as per the customers requirements.