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The Retention Connection: How Smart MLMs Drive Increased Revenue

Representative Retention Which is more important for multi-level marketing companies (MLMs)? Customer retention or representative retention? Before you answer, you should know it’s a bit of a trick question. The correct answer is, “neither is more important.” But it’s not just because both are essential for MLMs. It’s also because customer retention and field representative retention are closely connected.  Multi-Level

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Live Selling for MLMs: Dos and Don’ts to Success

Live Selling for MLM Companies No matter what you call it – live selling, livestream selling, social selling, or virtual selling – connecting with your community of customers via live online events is a natural evolution of multi-level marketing (MLM). And the COVID-19 pandemic has increased customer comfort levels with shopping online and interacting through video chats. Whether you’re planning

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3 Things People Get Wrong About MLM Compensation

MLM Comp Plans People become representatives for multi-level marketing (MLM) companies for a variety of reasons. Some are looking to fulfill their entrepreneurial dreams without significant startup costs. Others are customers of a product who become passionate advocates for a brand. Still others’ main objective is a desire to make a little extra money on the side. The combination of

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Why Diversity Is Important in Multi-Level Marketing

MLM Diversity | You’ve probably heard of the term “diversity” more than once, as it has found its way into all kinds of conversation. From casual talks with friends to company discussions, diversity is one of the most common topics to date. Diversity celebrates difference, and the fact that no two people are precisely alike presents a significant enough reason

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How to Develop Long-Term Customer Relationships in Your MLM

MLM Relationships Most multi-level marketing (MLM) is comprised of independent distributors all after the same allures — more money, the entrepreneurial lifestyle, and flexibility. These attributes are not necessarily bad things to aspire towards, but they cannot dominate that landscape without damaging both the distributor and customer expectations. It’s important to understand the significance of establishing and maintaining rapport with

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How to Choose Software for Your Multi-Level Marketing Organization

Five Questions to Consider When Choosing MLM Software MLM Software | Gone are the days of door-to-door sales. It’s 2018. Rapid growth in technology and innovation are quickly changing the multi-level marketing (MLM) and party planning landscape. No longer do you have to worry about losing papers, reconciling scattered inventory, and sales tax compliance on your own. Now, there’s software

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wayroo surefire way to expand your mlm network

6 Ways to Expand Your MLM Network

MLM Network The definition of success varies from person to person. This is especially true in the multi-level marketing (MLM) industry. Some gauge their success based on how much they sell or the number of customers they have. Others base it on the ability to make a full-time living, while some see success as earning enough to supplement their income

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wayroo how to recruit the right reps blog

Fast Forward: How to Recruit the Right Reps to Fuel MLM Growth

When you dig into the numbers, it’s not hard to see that many direct selling organizations are facing a rep retention challenge impacting their MLM growth. Half of direct selling representatives quit within the first year. Ninety percent leave within five years. Turning those numbers around starts with smart – and intentional – recruiting.  Right now, with the significant shifts

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wayroo mlm sales training to the test

3 Essentials to Enhance Your MLM’s Sales Training Program

Sales Training It’s no secret. Representative retention rates in the Multi-Level Marketing (MLM) industry are less than ideal. One in every two MLM reps leaves within their first year. That means many MLMs find themselves in a perpetual cycle of recruiting, with more novice reps than experienced ones.  So, how do you break the pattern? Part of the solution is

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wayroo mlm how to motivate and reward your reps

MLM Sales Success: How to Motivate and Reward Your Reps

MLM Sales Success Wouldn’t it be amazing if you could ensure sales success for each and every representative recruited into your direct selling organization (DSO)? While a 100 percent success rate isn’t realistic, there are definitely things you can do to ensure that each and every representative has the support and tools they need to create success.  Inspiring the right

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The Answers to Your Questions About Social Media Marketing for MLMs

Social Media Marketing Social media seems like it was made for Multi-Level Marketing (MLM). After all, both are rooted in connecting with others and building a community of people who share the same interests. But, MLM companies have been around since the 1930s. Facebook didn’t come along until 2004. With the rapid evolution of technology and the many different forms

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Live Selling Success: 9 Tips You Can Implement Today

How To Do Live Selling Live selling via online events is a perfect fit for multi-level marketers (MLMs) – and their busy customers. It’s easy, accessible, and convenient. Most importantly, live selling events enable MLM representatives to make and maintain the personal connections with buyers that are so vital for direct sales success.   So, how do you make the most

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wayroo mlm target your niche market

Multi-Level Marketing: Target Your Niche Market

Have you heard the saying, “Don’t try to be something for everyone, just be everything for someone?” That quote captures the secret to multi-level marketing (MLM) niche success. If you spend all your time trying to please the masses, you won’t have time to build deep relationships with the community of customers with both a need and an interest in

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Tax Compliance 101 for MLMs

Tax Compliance There are few things in life that compare to the joys of tax compliance…very, very few things. Okay, the truth is — no one really wants to talk about tax compliance. But as a multi-level marketing organization (MLM), this is a must. If not, you run the risk of failing audits and will be expected to repay 100%

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wayroo mlm software dso for millennials gen z

Next Generation MLMs: 3 Reasons Why Millennials and Gen Z are the Industry’s Future

Let’s jump in our time machine and hop back to 2019. Unemployment was low, but wages weren’t quite keeping up with inflation. As a result, Millennials and their Gen Z counterparts were well on their way to changing how people think about work. Less structure. More balance. Passion and purpose prioritized. Then 2020 happened.  The cascading social and economic impacts

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wayroo mlm software are of social selling

Relationships Matter: The Right MLM Software for Success

The Right MLM Software | With technological tools, social media, and virtual meetings grabbing the headlines, the future can start to feel a little more digital than personal. But, don’t let the latest tech gadgetry distract you. For Direct Selling and Party Plan Organizations, relationships still rule.  The secret to multi-level marketing success in the 21st century is a smart

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A Look Ahead: 5 Trends That Will Drive MLM Growth in 2020

MLM Growth Looking back provides a great perspective to look ahead. As 2019 draws to a close, it’s time to assess the year’s highlights, lowlights, and surprises in the Multi-Level Marketing (MLM) industry. More importantly, how will current events and trends shape the opportunity for mlm growth in 2020?  Here’s our look at what will drive growth for Direct Selling

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What’s a Goldfish got to do with Multi-Level Marketing?

Multi-Level Marketing You’ve probably heard today’s consumers have shorter attention spans than a goldfish.  It all started with research published by Microsoft, showing the average human attention span is only 8 seconds. That’s a big drop from 2000 when attention spans clocked in at a whopping 12 seconds.  But what made headlines, and there were a lot of them, was

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Leverage the MLM Advantage to Build Customer Loyalty

Just getting a potential buyer to give your outreach a second look is a big deal. With attention spans shrinking, a prospective customer who chooses to read your post, click into your live selling event, or attend a party is giving you their most precious commodity. It’s not their money; it’s their time. How can you ensure they get a

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wayroo secret to empowering-independent distributors

The Secrets to Empowering Your Distributors

Any Multi-Level Marketing Organization (MLM) knows that their independent distributors are like a giant cog within an engine. Without that cog, your business cannot run. They are what sets multi-level marketing organizations apart from other companies and serve as the primary factor in the success of any MLM. However, as necessary as distributors are, the truth is multi-level marketing is

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wayroo 8 traits of successful distributors

Top 8 Traits of a Successful Distributor

Successful Distributor | The world of multi-level marketing (MLM) and party planning is full of individuals who want to be their own boss. They get to make their own hours, get discounted prices on the products they love, and build relationships with people of all shapes and sizes. But sadly, the turnover rate for independent distributors is 56% annually. Why?

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