Share
Epixel Podcast
Manage and Grow your MLM Organization with Epixel Gift Plan MLM Software
•
Epixel Gift Plan MLM Software has become a leader in the direct selling industry by providing simple and effective solutions not only to manage but to grow your Gift plan MLM business. The highly advanced back-office system is powered with the latest tools and integrations and built on the most stable Python and Node.js platforms. We built the commission engine in Google’s Golang platform to ensure fast and real-time commission processing with configurable rank rules.
To know more about Node.js visit: https://en.wikipedia.org/wiki/Node.js
The software is integrated with solutions to track all the business data and provide actionable insights based on it. These dedicated solutions are called data-driven intelligence tools. Real-time business intelligence, Advanced distributor engagement tools and KPI card analysis are some of the data-driven tools, using which the decision makers can take actions to grow the business.
To know about Real-time BI visit: https://en.wikipedia.org/wiki/Real-time_business_intelligence
With the softwares powerful back-office support staff tool, the distributors experience a new supporting radar in Gift plan MLM business. The services include a wide range of tools from the basic support ticket system to the most advanced chatbots to keep a good relationship with the customers.
To improve the member engagement a variety of compensation packages are included. Give help & get help is one of the basic compensation structures in the Gift MLM plan. Other compensations are the Introducer bonus, which an existing participant gets while introducing a new member into the organization and a Stage advancement bonus, which is the bonus given by the company when a member turns eligible to move to the higher level.
For more details visit: https://www.epixelmlmsoftware.com/gift-plan-mlm-software
More episodes
View all episodes
Understanding Audit Trails in Network Marketing: A Comprehensive Guide
05:32|In multi-level marketing companies, audit trails are important because they ensure that data is secure, transparent, and trusted they act as a kind of detailed record for every transaction and activity. For instance, modern audit systems collect information on user authentication, data changes, action classifications, and relationship mappings. The information is stored in a format that cannot be tampered with. Those logs help get disputes resolved more quickly, tell tales of early fraud and aid continual operational enhancement. To make such systems work, both companies and public sector organizations must see it as an end-to-end whole--each assembly line worker plays a part.Enhancing Data Security Solutions for Direct Selling Businesses
05:31|A direct selling company should have data security in direct selling businesses, where massive amounts of sensitive information flow between distributors, customers, and vendors. It defines data security as protecting data from theft, corruption, and unauthorized access throughout its lifecycle. Key techniques include encryption, data masking, authentication, and backup and recovery to guard against cyber threats, human errors, and breaches. Effective security strategies involve physical safeguards, strict access controls, regular updates, and awareness training. It also highlights emerging trends like AI and multi-cloud security, vigilance against internal threats, and compliance with regulations like GDPR, CCPA, and HIPAA to protect business credibility.Understanding the XAI Framework for MLM Commission
06:49|The growth of a direct selling company depends upon ranks, legs, volumes, bonuses, and incentives of the compensation engine the company uses. But for the distributors to feel successful, payout they receives plays a vital role. The distributor receive commission for their performance they make, but they are unaware about the logic behind the calculations. The Explainable AI (XAI) framework is used for making the changes made in commission process understandable. If any change is made in this compensation structure, XAI explains why a payout changed, and how ranks, overrides, and bonuses are calculated. The XAI technique SHAP method and counterfactual explanations solve complexities by explaining exactly which factors contributed to each payout and how making small changes can impact the result.A Comprehensive Guide to Efficient MLM Back-Office Management
06:25|For a direct sales business to be successful, a strong back-office system is essential. By having a strong back-office system, documenting sales and controlling payments, to keeping track of teams and their work, they ensure everything works smoothly. The advantages of back-office systems are the company records can be taken from the back-office and it can be used in a proactive decision-making process, methods can be developed if any challenges or problems are found within the organization before affecting the bottom line, companies can use data integration to respond to changes in the market earlier than competitors who still use fragmented systems.
Understanding MLM Software Compression for Network Marketing Success
04:58|For a successful network marketing business, the distributors are the important part. Even though the business has been successful, it will have inactive distributors. So what is MLM compression? Compression means paying the distributors fair compensation when some distributors gone inactive. It automatically closes the gaps assuring continuity in payments to the active members and thereby keeping your company running healthy and speedy. There are advanced compression scenarios such as dynamic compression, selective level compression and roll-up compression. The benefits of business compression are greater distributor retention, better organizational stability and financial efficiency.
Essential Techniques for Retaining MLM Distributors Successfully
04:27|For a direct sales business to be successful, it is important for them to incorporate distributor retention strategies. There are multiple challenges faced by the direct sales company in distributor retention such as Unrealistic expectations and no initial success, Lack of proper training and support, Lack of motivation and passion etc. To resolve all these direct sales companies should incorporate strategies such as persistent training, better compensation plans, community & recognition, use of technology and following ethical leadership and transparency.
Key Considerations for Launching a Direct Sales Business in 2025
05:30|As the year changes, people’s attitude in doing business also changes. They are now incorporating and adapting newer technologies to withstand in the competitive market. Direct selling industry is also witnessing transformations in their business strategies. Before launching a direct sales business, they must consider so many factors so that they withstand in the competitive market. A great workplace is not just about the interiors, and the looks. It's about the culture, comfortable working conditions, and timely appreciation. The companies should make sure that they are cent per cent available. It does not mean physical accessibility; it means digital accessibility. The Digital accessibility involves aiding your workforce with the necessary tools and systems required to carry out their responsibilities from wherever they are. Along with that a content management system should be able to give immense knowledge for their workforce.
Understanding the Cash Conversion Cycle in Direct Selling
05:45|For a smooth function of business, it is essential that there is no blockage in cash flow as well as workflow. The workflow can be efficient by using advanced technologies but for an efficient cashflow should need smarter steps should be taken. In a direct sales process, there are several processes such as procuring raw materials, manufacturing products, stocking up inventory, finding distributors, and finally when the product reaches the customers, companies still can’t be sure if they are going to receive the cash until the return window is over. A Cash Conversion Cycle (CCC) shows the number of days the capital is tied from production to sale. Cash Conversion Cycle = Days Inventory Outstanding (DIO) + Days Sales Outstanding (DSO) − Days Payables Outstanding (DPO) The factors influencing the Cash Conversion Cycle are Days Inventory Outstanding (DIO), Days Sales Outstanding (DSO), and Days Payables Outstanding (DPO).Growth Strategies: Leveraging Technology in Direct Selling
05:37|Direct selling is a successful business model over the years. Direct sales companies are always upgrading their system by adopting latest technologies. The technologies used in direct selling are Artificial Intelligence, Blockchain Technology, Smart Contracts, Cloud Computing, Ecommerce and Social Media Marketing, Mobile Apps, Virtual Event Platforms, Real-Time Analytics, Customer Relationship Management (CRM) Systems, Automated Distributor Training. Artificial Intelligence (AI) is the top technology used by the direct selling companies nowadays. This artificial intelligence can be used in predicting customer behaviours, their interactions, purchase patterns etc. This technology can be used to enhance customer shopping experience by providing them the personal suggestions for the product.