MLM software Germany – Summary
- What exactly is MLM?
- MLM in Germany
- Best MLM companies in Germany
- Jafra Cosmetics
This post is all about Multi-level marketing (MLM) and its popularity in Germany. In addition, you will also get to know about MLM software and why it is important in network marketing with an introduction to some of the best MLM software available in Germany. So, dive in!
What exactly is MLM?
Multi-level marketing (MLM) is known by many terms like network marketing, pyramid selling and referral marketing.
This is a business strategy for the marketing of products or services where the revenue of the company is obtained from a non-salaried workforce selling the products or services offered by the company.
The financial compensation system for payment of earnings to the workforce is unique for each MLM company.
However, there is a feature common to all MLMs. The payout is usually obtained from two potential revenue streams – commissions of the sales made by the workforce directly to the retail customers or commissions made from the wholesale purchases made by other distributors below the workforce who have recruited those other participants into the MLM (usually referred to as one’s down line distributor).
Thus, MLM salespeople are supposed to sell directly to the customers while also hiring new distributors as fellow salespeople so that they can become down line distributors. Word-of-mouth marketing the main marketing strategy employed by the distributors.
Thus, MLM is a simple yet powerful way for generating some passive income with very little investment.
MLM in Germany
MLM has been getting more popular in Germany in recent years, and the market sure is growing with many new companies joining the field and gaining popularity rapidly.
But most of the top MLM companies have been around for a long time and have been performing exceedingly well, which gives evidence to the prevalence of MLM strategy in the country.
To get an understanding of the domains where MLM has been operating most successfully, we need to evaluate the best MLM companies that provide products or services that are widely used by the people.
In the next section, we will see some of the best MLM companies in Germany in detail.
Best MLM companies in Germany
Vorwerk began its operations in 1883 and is very famous for their kitchen appliances. It is undoubtedly regarded as the most popular direct selling company in Germany. The most in-demand product offered by the company is their Kobold Vacuum Cleaner.
Herbalife has been around since 1980 and is very popular for its weight management products as well as nutritional food products. It was founded by Mark Hughes and even though he has passed away, the company is still growing and is one of the best MLM companies in Germany, as well as in the world.
Jafra Cosmetics was founded in 1956 by Jan and Frank Day. The company employs the party plan method for recruitment and sales of products and is a major skincare brand loved by its customers. The company was expanded to Germany and other parts of Europe in 1976 and soon became a hit in these countries.
It is definitely not surprising that Amway made its way into this list. One of the most popular MLM companies in the world, Amway certainly has made a name for itself in Germany too. Founded in 1959, Amway is popular for its Artistry and Nutrilite range of products.
Lifeplus offers high-quality products which are very popular among people. Even though the company is based in the United States and the United Kingdom, they have a lot of reps in Germany. They offer a range of products for holistic health and well-being of people.
Lead MLM software, Germany
MLM software or Multi Level Marketing is a must-have for MLM professionals to increase their productivity in the business as it helps manage, control and analyse all the MLM business-related activities without a lot of effort or time.
Lead MLM software is actually a website based secure online application which can be used by the clients, any time and from anywhere. Some key features of Lead MLM software are.
A simple user interface which can be used and operated with a few clicks. Even a technology noob can easily use the software with no troubles.
Tons of functionalities are incorporated into the software with MLM scripts. These include functionalities for management of financial transactions, downline management, and report generation among others.
Lead MLM software comes with some preset compensation plans which can also be customized by the user based on his/her needs.
Lead MLM software can also be integrated with various platforms.
By using the MLM add-on modules, any platform can be converted into an MLM business solution. It supports eCommerce, cryptocurrency, blockchain and CMS based integrations.
Need for MLM software in network marketing
Handling various aspects of a flourishing MLM business can be a task which takes a lot of effort and time from the involved person. You have to be aware of your downline, how they are doing, if they are active or not, etc.
You also need to generate reports to document your progress and for other purposes. You will also need to analyse the various aspects of your business to evaluate how you are doing and to figure out areas that you need to work on. Managing all this is tough without a dedicated tool.
But with an MLM software, you don’t have to worry about any of this as it will do it all for you. It will manage your customers and account and track sales so that you can increase the profitability of your business.
MLM system also makes it easy for you to schedule tasks and manage your business. They also come with advanced tools like replicating website backup system, e-wallet, e-commerce integration, multilingual support, SMS Integrator, Automatic payment and much more. To conclude, MLM software makes network marketing a whole lot easier.