How Helping Plan works ?
The Helping Plan within MLM revolves around mutual financial assistance among its members. Participants enter by contributing funds to others within the network, becoming eligible to receive assistance themselves.
This direct exchange of financial support fosters a sense of community and shared assistance among members. Some plans have progression levels, where contributions may lead to higher benefits or bonuses.
However, concerns about sustainability arise as these plans rely heavily on continuous member contributions to sustain payouts. Legal and ethical considerations regarding the plan's structure, especially its differentiation from illegal pyramid schemes, are significant.
Types of Income in Helping Plan
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Sponsor/Direct Income
Sponsor or Direct income is income earned by referring someone in the system. For every direct referral, Networker gets paid by Sponsor income. Normally Sponsor/Direct income is Fixed amount of percentage of the package amount.
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Helping Income
Company offers almost double help. If someone has done X help then he/ she will get 2X help.
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When the payments are transferred in MLM Helping Plan ?
Normally, MLM software companies transfer payments Daily or Weekly or Monthly Basis. Even many companies provide option of user withdrawal, so user can withdrawal whenever he/she want. Helping income directly dealt by Networker to Networker.
Advantages of Helping Plan
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It fosters a sense of camaraderie and mutual support among members due to its focus on direct financial assistance.
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Participants directly receive financial help from others within the network, bypassing intermediaries or complex compensation structures.
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Its straightforward concept of giving and receiving financial aid can be easier for participants to grasp compared to more intricate MLM models.
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Advancement through levels or stages by giving assistance can offer the potential for increased benefits or bonuses, motivating ongoing engagement.