As with any business that involves millions of people, multi-level marketing has seen the rise of software developers who target the many people involved in MLM. With the large number of options in MLM software out there already, how do you select the one that is right for your needs? It’s important to not only find the software that best suites your needs, but the right software company as well.
Choose a reputable vendor who will last
As in any money-making industry, there are many fly-by-night software companies that make many claims of know how, experience and impressive MLM software features. Unless you are willing to put your business at risk, pick a vendor with a solid reputation. Reputations are built over many years of working with clients, not just selling a software package a few times. While a fresh upstart may not actually be disreputable, the unproven stability of that firm could pose a risk to yours.
Verify at least five references, preferably ones found through an independent source. Keep in mind that vendors will be eager to provide only those references sure to provide a glowing review. You might be unpleasantly surprised if you do not verify from companies not included in the reference list.
Check the MLM software company’s physical office
Your decision should basically be based on both the MLM software and the vendor’s support services. If the vendor is not able to provide acceptable support services, what will you do if the software stops working properly, or you need it tailored to the changing requirements of your business? Do they support it very well?
Unfortunately, the only constant among all MLM companies is that they constantly change. Your MLM software must be able to also change with it.
When you’re at the vendor’s office, meet the vendor’s personnel that will be in charge of your requirements. Verify what kind of people they are and how long they have worked for the vendor. Be willing to pay for competence and experience, as this ends up costing far less in the long run.
Small MLM software firms are bigger risks
Smaller software companies, to compete with larger established firms, must provide software at bargain prices. While these low prices may be tempting, this practice often puts them on shaky financial ground during their most crucial years.
Companies that are trying to save money by buying MLM software from these small software houses sometimes find themselves quickly abandoned when they need assistance. Servicing the requirements of one highly successful client can consume virtually all of the resources of a small software company, leaving their other clients stranded out in the cold.
The problem that gives greatest cause for concern is that smaller companies seem to quickly go out of business without warning. The smart money says to stay away from the small vendors and stick to those with track records and staying power.
Purchase an MLM software package with some built-in versatility
Normally, many packages are limited to only with those reports they include with the program. Managers must often resort to running large reports to answer small concerns or questions when only a small exception report, called up on demand, is actually desired. Small exception reports can be reviewed immediately and accurately, making the versatility to create your own reports within the program structure absolutely vital.
Weigh the software’s highlights
MLM software is typically designed to manage the specific business issues associated with MLM businesses. Often, it has a great deal of difficulty handling matters outside the original design. Software, of course, cannot be forced to do things it was never designed to do without yielding sub-par results.
The wise computer software buyer compares capabilities and features, side by side, of one package to another. Ask the vendor which features they consider to be distinct to their package compared to others. Carefully weigh which features are helpful or necessary to your business, and which are merely “eye candy” that serves to make the software look more impressive and thereby justify a higher price.
You are not just buying a computer software package; you are buying expertise, programming services, emergency support services, and starting a long-term business relationship. There is no substitute for a thorough and careful planning.
Consider everything meticulously before selecting your MLM software vendor. Evade the temptation to penny pinch. Doing so may, in effect, harm your chances for success.
Filed under: Network Marketing