What is MLM software?
MLM business is all about earning through product sales and network marketing. Now, imagine the amount of manpower, resources, time and effort you need to maintain and manage this huge network and the payouts. The downline income calculation, the genealogy tree management, the product inventory & sales- all these and much more are to be taken care of accurately in the MLM business.
This is where the MLM software comes into the picture.
MLM software is a complete IT solution to simplify and manage all the tasks related to multi-level marketing.
The MLM software provides complete automation to manage the multi-level marketing business efficiently. It provides a holistic solution right from genealogy tree management, payout calculation, inventory management, sales records, and much more.
MLM software has many benefits. All-in-all, it is a tool that helps you to focus on your business and attain its goals.
Features in MLM software
Any MLM software both in web app form or mobile app form will have three main sections:
1. Front Panel
2. User Panel
3. Admin Panel
Let us look into the MLM software features in each of the sections.
MLM Software Features- Front Panel
This consists of the home page which will have a general layout of the MLM business, its products, and a bit of information about the company.
1. Registration/ Sign in
There will be a section for new member signup and registration including existing member login.
2. About MLM Plan
A page dedicated to the MLM business including the plan details will be shown.
3. Product Page
The products marketed by the company with the image and other details will be displayed on a separate page.
A gallery with achievement photos and event photos helps get more customer engagement.
5. Legal Documents
A section is to be assigned to show the company registration form and other supporting legal documents.
6. About Us/ FAQ
There will be an About Us page & a FAQ page regarding the business and its products.
7. Terms & Conditions
A Terms & Conditions page will be dedicated to the rules of the MLM business for the members who are interested to join the network.
8. Contact Us
There will be a contact page or a grievance submission page for customers to submit queries regarding the business or products.
MLM Software Features- User Panel
The member panel or the user dashboard is from where the individual MLM members or distributors can view and manage their profiles, sales, income, payouts and rewards. The dashboard will offer a general overview of the payouts, e-wallet, sales record, hierarchy and other important details. Each of these can be viewed in detail.
The member panel will first have a new registration section wherein firstly, the sponsor ID and the e-pin code will have to be filled. Later the username and password generation is completed. The next step is filling the profile details including bank details.
The profile section gives details like name, address, contact number, sponsor ID, bank details including password change and logout facility.
3. New Member Sponsor
The other is the sponsor member section that will help the user to join new members or sponsors to their downline.
The member panel will have an e-wallet section that will display the total amount in the user wallet. The incentives and payouts can be added to this wallet and in addition, the user can transfer money to the wallet for purchases.
The genealogy section is basically the tree view that will have the details of the downline and the direct members added under the user.
The purchase section will display all the product purchase details like the purchase history, order tracking, payment made and so on.
The sales section will have details of sales history like the sales accomplished at each level or for a specified period and the sales target to be completed to get to the next higher level.
The payout section will have a lot of parameters based on the MLM plan structure like incentives, rewards, downline income generated through sales, income through recruiting and so on. The user has an option to transfer this earned amount to the e-wallet.
The e-pin generation section will have the e-pin generation for various processes like new member registration, purchase, package upgrades, payment transfer to the e-wallet and many more. This makes the transactions secure and manageable.
The team section will have complete details of the MLM business team including the managers and leaders to whom the user has to report.
The level section will have details of the level completed and the target needed for the next level completion. It will also give details about the rewards to be achieved for level completion.
The reward report section will have details of the payout generated through incentives and bonuses. The user can view it for a specified month or year.
13. Upgrade Plan
The upgrade section will enable a user to upgrade the account to a higher package through the e-pin code. This section will also have the previous upgrade report including the amount, date and year.
The withdrawal section allows the user to put a payout withdrawal request. Once a withdrawal request is initiated, the tax deductions are calculated and the remaining amount is deposited in the specified bank account. This section will also have previous withdrawal history.
The query or the support section will help the user to generate a query regarding the MLM payout, genealogy, downline, purchase or anything. A query ticket will be generated and the user can view its latest updates here. Also, the previous query statements can be viewed here.
MLM Software Features- Admin Panel
The admin panel will have the profile management just as the user panel. Apart from this, everything else is different in the admin panel. The admin dashboard will open to display the profits, sales, revenue, members, statistics and so on.
The entry into the admin panel is through a secure login.
2. Profile Management
The profile management will include name, contact details, password change and logout facilities.
3. Plan Management
The plan/package section is where the admin can view all the existing plans and edit or add new plans if needed.
The genealogy section will have the downline list with members and their IDs.
The member profile section will have details of all the registered members with a search member/ID facility and any modification is possible from here. Also, the KYC of new members can be reviewed and accepted from here. The individual member status with details like join date, downline, ID and achievement can be viewed is also provided.
The product section is from where the admin does the inventory management and gets to access the sales records. Any product can be added or edited from this section.
In the withdrawal request section, the payout withdrawal requests from members are displayed for the admin’s approval.
In the e-wallet section, the admin gets to view all the transactions made in the e-wallets of the members.
The payment section allows the admin to transfer the payout amount to all the member e-wallets or directly to their bank account. The tax calculation and records can be fetched from here.
10. Support Query
The query/support ticket section will have the member queries to be resolved.
The feedback section contains the posts received from the Contact Us main web page.
The admin can make changes in the home page like uploading banners, adding FAQs or editing the address. The admin can also set up the popup box so that the users get to see it at the time of login.
Another important feature is the SMS and email integration wherein the admin can configure SMS and emails to be sent to members or other clients.
14. Tree Pairing
The admin section also contains the MLM structure like levels, tree, pairing, hierarchy and much more.
15. Payouts & Commission
The main part is the commission & payouts that have the income generation details of all the members. The payout closing will be displayed either daily, weekly or monthly as per the plan.
The statistics page will display various statistics like new members joined, sales, profits, revenue for a specified period. The page can be designed to display statistics in the form of pie charts, bar graphs or tables as per the requirement. The level-wise report can also be generated.
Where to buy MLM software?
The important question when you plan to start MLM business would be “Where to get MLM software?” There are many MLM software providers, but get it designed from an expert MLM software provider. They easily customize the software as per your business needs and incorporate the latest unique features that will help in boosting your MLM business.
The MLM software features depend to a large extent on the MLM type. If you are planning to start MLM business, would you settle for a cheap MLM software or the one that may cost a little more but offers all the latest features that will help in your MLM business management?
We would advise you to include the latest features in the MLM software so that it helps in easy MLM business management. After all, a good design MLM software is better than one that needs constant upgrades.