Blockchain is a major technology trend based on cryptographic principles. By ensuring data privacy, transparent information exchange and security, this technology improves financial services and simplifies business.
MLM companies use blockchain technology mainly for secure commission payments and sales tracking. Smart contracts based on blockchain automate all transactions, helping to keep accurate records and ensure fair compensation to distributors based on their productivity. Natura & Co Corporation has also created a blockchain platform where customers can bitcoin data track the routes of their orders. Thus, the integration of blockchain into MLM software reduces the risk of fraud, strengthens the trust of customers and network partners.
Outdated technologies lead to the collapse of MLM companies
Get a reliable solution with improved performance and new features - without costly experimentation.
Find out details
4. Using social networks
According to Statista, 5+ billion people worldwide use social media and social commerce sales are growing rapidly, approaching $1.3 billion. Thus, social media is becoming a powerful platform for customer engagement and brand awareness .
Popular social networks in network marketing include Facebook, Instagram, Linkedin, and YouTube. MLM companies use all of these platforms to showcase their products and values, communicate with customers and partners, and make sales. Short video product reviews and user-generated content (UGC) have the greatest impact on attracting audiences and gaining their trust in social networks. A properly built SMM strategy allows a business to get many customers from different countries and enter the international market.
- Board index
- All times are UTC
- Delete cookies
- Contact us