MLM Glossary – H

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Home Meetings:

A home meeting is when a distributor meets face-to-face with his or her prospects and presents information about the company and the products or services. Home meetings are considered a vital part in the recruitment process, where marketing materials are presented and compensation and earnings are discussed.

Hybrid:

A type of compensation plan that is a combination of the unilevel, binary or matrix compensation plans that lead to a development of a new plan design. It can also be an old-style plan but with a twist or significant improvement. The goal is to increase the compensation of everyone in the distributor base, while setting aside enough working capital to help the company operate profitably. The advantage of this plan is that it increases the income opportunities of the recruits because it has the benefits of more than a single compensation plan. Its downside is that the recruits need to understand two or more compensation plans. The commissionable funds are often directed toward a single plan or divided between plans. Two example hybrid compensation plans are a variation of the unilevel plan, with most of the compensation directed toward the first two levels of the structure and the matching matrix, with the rep only focusing on building two legs and the group volume will be paid with a commission percentage.

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