STAIR STEP MLM PLAN
There are many variations of Multi-Level Marketing Plans in the current market, their Step MLM Plan is one of the oldest and popular among them. The Stair Step Plan depends on the number of sales of clients and the overall bulk sales of the entire network. The Stair Step MLM Plan is the best MLM Plan for even a beginner level supplier in the Multi-Level Marketing Business. As the name proposes, this plan includes different steps, ranks,s or levels (depending on the company), and from each step, it is compulsory to achieve the target earn benefits, and get promoted to the next level.
Before we go into details about Stair Step Plan, for the people who don’t know what Multi-Level Marketing is about, let me do a quick brief for those people. Multi-Level Marketing (MLM), also called Network Marketing, is a business method of selling products and services through a network of people. Now, let’s get into detail bout Stair Step MLM Plan.
HOW DOES STAIR STEP POSITIONS WORKS?
A Stair Step Plan has a similarity to Uni-Level MLM Plan, because of the numerous front-line positions in it. Stair Step Plan has a target on each level as it expands as the network grows. As soon as it reaches the sales targetmember from each step is promoted to a higher level.This Plan is also known as the Stair Step Breakaway Plan, because themembers will “Break Away” and distribute the bonus on the entire network.
In a Stair Step Plan, there are several position levels or ranks. This position isdetermined by the company,regarding the product sales, performance, recruitment of each personin a network. Companies have different names for different ranks, and it changes from one to another.
Now, let’s look at the Stair Step Plan position with an example of a standard corporate organization.
• LEVEL 1: Sales Executive Levelis the most foundation level in a network. This level is where the newly recruitments will be at first. They mostly have a sponsor or a promotor to support them.
• LEVEL 2:Distributor Levelor Level 2 is where people from Level 1 will be promoted. This is the second level after the foundation level. Here, you will be handling many Sales Executives who are just below your level.
• LEVEL 3: A Distributor Level will be later promoted into A Supervisor Level or Level 3. This level is the third level from the foundation. Here, you will be managing all the distributors under you.
• LEVEL 4: An Assistant Manager Level is the fourth level of this plan. Assistant Manager Level or the Level 4 people will be taking care of all the Supervisors in the company, making sure they’re doing their tasks to reach their goal.
• LEVEL 5:In a five-level Stair Step Plan, the Manager Level will be the highest position holder. There’s much work to reach in this position. Also, you only hold this position if the entire network is working hard to achieve the desired target.
Once you have reached the topmost position in a Stair Step Plan, you will receive the highest profit. When the clients in the network have reached their targets, they will be automatically breaking away to the next level. Also, a Stair Step MLM Plan can be merged with any other Direct Selling Plan. A Stair Step Plan holds lot of advantages, I will be pointing out a few here.
ADVANTAGES OF STAIR STEP MLM PLAN
Some advantages of the MLM Stair Step Plan are to get high earnings by developing a great team and with a reasonable compensation rate.Since the plan offers the opportunity of limitless earning, sellers with good marketing and trading skills should definitely go for this plan.
• Provides a decent income for the members, and it is easy to understand even for a beginner.
• Breakaway Plan will motivate the client to make higher commissions through all the levels.
• A Stair Step Plan has no limit on the recruiting number of clients. The network line is endless.
• Stair Step Plan can be merged with any other MLM Plan and form a new Hybrid Stair Step Plan.
• This plan is better than the other MLM Plans because of the best earnings potential and theparallel income generationit offers.
DISADVANTAGES OFSTAIRSTEP MLM PLAN
A Stair Step Plan not only hold its advantages, it has its own disadvantages as well. To know the plan completely you should know its draw backs also. Let have a look at those.
• Creation of ranks in the organization chart takes time.
• If the members show less performance, it is going to affect the entire network.
• The Stair Step plan has an unlimited downline. The higher the levels build, the higher the production levels will be.
• Compensation arrangements and calculations are complicated when recruiting an infinite number of clients.
• The tremendous earning potential of this plan is a slow process, so chances of people losing commitment to their business are inevitable.
CONCLUSION
In conclusion, lets recall all the important points here. A Stair Step MLM Plan can be merged with any other MLM Plan. The commissions are based on both recruiting as well as selling. Even if one member concentrates only on selling, he can make more money without moving to the next step.
