I think most VERB investors know the difference be
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Posted On: 06/06/2019 6:47:54 PM
I think most VERB investors know the difference between MLM and Direct Sales
I think most VERB investors know the technology works for both
In fact, VERB is not in the business of providing MLM management and compensation software
"AdvoCare recently announced that it was doing away with its network marketing business model and instead shifting to a “direct to consumer” model."
BTW: Direct to consumer is called "Direct Sales"
One search and you can find what is going on
"The planned change will impact Distributors who have participated in the multi-level aspect of the business. Those who currently sell only to customers will not be impacted and there will be no impact on Preferred Customers or retail customers’ ability to purchase products."
This tells me that they are still in the direct selling business, but out of the MLM business
Wonder why multiple companies are talking to Verb about consumer facing apps
Is that the future to ramp down/out the layers of distributors and flatten it for direct sales associate to a customer?
I think that takes away a lot of hassle for these companies
It takes away a lot of cost too
The remaining hurdle is how to you recruit and retain associates
Bonuses?
Maybe. I've been reading up on the OnDoc and Stream Models a lot
There are ways to flatten the organization while still increasing sales
Here's what I know...
New companies will come
Some companies will change
Some companies will get acquired
Some companies will go out of business
One thing is for certain
Most companies need to continuously adapt to stay competitive
Most investors read McKinley's blog
"Compensation plans geared heavily toward enrollment and large buy-in packages are being closely watched."
He basically told everyone how to be successful in Direct Sales
Direct Sales isn't going away
The companies are making million if not billions are not going away
If anything, it's only growing
Those new to this might not realize compensation plans and structures are always evolving
https://soundconcepts.com/blog#740171210843742723
Saw REO last year at a convention. Set my expectations low as it was 5PM before the band members bed time
I put my critical thinking aside and found out it was much better than I anticipated
I think most VERB investors know the technology works for both
In fact, VERB is not in the business of providing MLM management and compensation software
"AdvoCare recently announced that it was doing away with its network marketing business model and instead shifting to a “direct to consumer” model."
BTW: Direct to consumer is called "Direct Sales"
One search and you can find what is going on
"The planned change will impact Distributors who have participated in the multi-level aspect of the business. Those who currently sell only to customers will not be impacted and there will be no impact on Preferred Customers or retail customers’ ability to purchase products."
This tells me that they are still in the direct selling business, but out of the MLM business
Wonder why multiple companies are talking to Verb about consumer facing apps
Is that the future to ramp down/out the layers of distributors and flatten it for direct sales associate to a customer?
I think that takes away a lot of hassle for these companies
It takes away a lot of cost too
The remaining hurdle is how to you recruit and retain associates
Bonuses?
Maybe. I've been reading up on the OnDoc and Stream Models a lot
There are ways to flatten the organization while still increasing sales
Here's what I know...
New companies will come
Some companies will change
Some companies will get acquired
Some companies will go out of business
One thing is for certain
Most companies need to continuously adapt to stay competitive
Most investors read McKinley's blog
"Compensation plans geared heavily toward enrollment and large buy-in packages are being closely watched."
He basically told everyone how to be successful in Direct Sales
Direct Sales isn't going away
The companies are making million if not billions are not going away
If anything, it's only growing
Those new to this might not realize compensation plans and structures are always evolving
https://soundconcepts.com/blog#740171210843742723
Saw REO last year at a convention. Set my expectations low as it was 5PM before the band members bed time
I put my critical thinking aside and found out it was much better than I anticipated
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