Business Model
Direct selling is marketing and selling products to consumers directly, away from a fixed retail location.
Sales are typically made through party plan, one-to-one demonstrations, and other personal contact arrangements.
Merchant Account
A Merchant Account is a financial entity that enables the holder to accept credit card payments or purchases.
Plan on 30 to 45 days to get one applied for and setup.
Accounting Software
This would be your bookkeeping software. Please provide the name and version of accounting software if you have one.
Commission Plan
There are various commission plan structures such as Unilevel, Binary, Matrix and other variations that calculate the commission payout to your distributors.
Commission Plan Design
There are various commission plan structures such as Unilevel, Binary, Matrix and other variations that calculate the commission payout to your distributors.
Domain Names
Domain names are used in URLs to identify particular Web pages. For example, in the URL http://xennsoft.com/index.html, the domain name is xennsoft.com
Branding
Company logo and colors, product labels, etc.
Consumables
Consumables are products that consumers use recurrently, i.e., items which “get used up” or discarded
SKU
SKU is a distinct type of item for sale, such as a product or service, and all attributes associated with the item type that distinguish it from other item types.
Autoship
Autoship in network markeing is a regular shipment of a product on the basis of a standing order supported by some form of automatic payment (with a credit card, for example). It is through autoship that a network marketing representative can ensure his or her commission level by meeting qualifying sales criteria during each qualifying period.
Rep Types
Customer who sign up to participate in the business plan to receive rewards and commissions (Distributors, Consultants, Representatives, Independent Business Owner, etc)
Customer Program
A non-commissioned customer that purchases the product at a discount typically because they sign up for a periodic autoship.