A Quick Review of the Ardyss Compensation Plan
October 28th, 2009
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Posted by blogger under entrepreneur
I have lots of experience with multilevel marketing programs, but if you do not have that experience a MLM compensation plan can be a bit confusing, and the Ardyss compensation plan is no different. There is tons of jargon involved in a compensation plan, and while they all have similar ideas each plan will change the specific terms they use, hence the confusion for novices.
The first part of the Ardyss compensation plan, or any MLM compensation package, is the retail profits. When you become an MLM distributor you essentially purchase product at wholesale, then sell it for retail, pocketing the difference.
The suggested retail mark up for Ardyss products is 40 percent, and that is no small slice. While it might be tempting to try cutting your profit margin in an attempt to boost volume, undercutting is not necessary for boosting sales in multilevel marketing.
With effective marketing you should have no problem moving your product at the suggested retail price. Not only will you not have to worry about upsetting other distributors, you will be increasing your own earnings by boosting your volume without cutting into your profit margin.
The Ardyss compensation plan awards promotions they same way that any MLM plan does, which is based on monthly wholesale orders for you and your network. Getting promoted will allow you to increase the number of people in your downline network that you can get commissions for, and that is obviously a good thing.
Since recruiter’s commissions are based on the whole sale orders of their recruits, the more recruits, and the more active they are, the more money you make. As you build your network and climb the promotion ladder you begin to receive commissions from network members farther and farther from you, and that is where you can start making big money.
On top of these relatively normal provisions, the Ardyss compensation plan also includes a number of bonuses. You are eligible for bonuses for recruiting new distributors, for the orders made by your recruits, and meeting certain sales goals on the group and personal level.
If you want to reach the top of the Ardyss compensation plan, or any MLM Business, you will need to understand how to market well. A solid grasp of marketing principles will not only improve your results, it will help you guide your recruits to better results, too, which means more commissions for you.