Mindless copying of another MLM project's marketing

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Copying a compensation plan from a well-known company may seem like a quick and easy solution, but you shouldn’t count on the same success. Each network business has its own unique features: the marginality of the products or services sold, strategic goals, corporate culture and cost structure.

Therefore, by copying someone else’s MLM marketing plan, you risk bitcoin data encountering a discrepancy between your real capabilities and the expectations of distributors. This leads to a decrease in partner motivation or financial difficulties that can destroy your business.

Lack of market analysis

Some entrepreneurs start creating a bonus plan without researching market trends, analyzing competitors, their strengths and weaknesses, the needs of the target audience and the legislative norms of the country where they plan to develop their MLM business. However, without taking all these aspects into account, there is a high risk that the marketing plan will not attract potential partners and your affiliate structure will not develop. In addition, failure to comply with the laws regulating network marketing in your region can entail serious legal problems.