Kiiera – Compensation Plan Overview
When it comes to being a successful network marketing company many insiders will tell you – it’s all about the comp plan. Network marketing requires enthusiasm and duplicity in order to take off like wildfire and that is exactly what Kiiera is positioned to do. Enthusiasm is build within an organization in several ways – enthusiasm with the product, enthusiasm with the company leadership and vision – but one thing outshines all the others – the comp plan!
I challenge you to point out a top earning network marketer who doesn’t thoroughly understand his companies comp plan – they just don’t exist. That’s because the top earners understand every little detail of their comp plan and how to maximize it. They know that the quicker they can get their people making money, the more they will be able to quickly grow their organization.
The leaders of Kiiera took a very hard look at comp plans in the industry and studied which types were most effective at getting people into the money quickly and getting big money to big earners. Traditionally a plan was either good at one or the other, but Kiiera new that it would have to be good at both.
The company knew the basic model that they would use – a unilevel binary. Binary comp plans have been proven in network marketing to be highly successful, of that there is no doubt. But Kiiera wanted to make it better, refine it, find ways to help people just getting started. This is where things get interesting. The company knows that duplication is vital to the growth of the company and what better way to stimulate growth than to create incentives for people just getting started with the company to allow them to be successful quickly. You see many people will simply not stick it out in the trenches if they’re not getting into profit quickly. While binaries can become highly lucrative over time, they have been criticized for their slow initial income growth for the average salesperson.
Innovations to the comp plan were needed so that the new affiliates would make money quickly and stay with the company. So, the management team of Kiiera came up with some great ideas. They pay you on your “large” leg in the binary as well as your “lesser” leg. They also have some very easily achievable rank advancement bonuses. Lastly they created a bonus pool that is specifically not available to the veterans of the company, only the new affiliates in their first four to six months. The reason is that by restricted access to the bonus, the bonus pool will be divided amongst fewer people and each will make more money – the main goal.
All of these bonuses are designed to do one thing – get a person making $300 to $500 a month quickly! Statistics show that the average person looking to start a home bases business is just looking to make an extra $500 a month. Remember my discussion of duplication? Well, what better way to grow your organization that to help meet the needs of your average salesperson. By doing that he or she will stick around because now it is becoming profitable and just what, that ‘average’ salesperson can grow into a great success story. Kiiera knows this and knows the power of what a properly designed compensation plan can do to stimulate company growth and success.
