Payout management upgrade for kitchen and dining MLM business

Push for progress

Ruling out payout crises

Considering the increasing demand and customer interest in beautifying their kitchen space, the sales of kitchen and dining products are rising. Against that backdrop, a kitchen and dining products MLM company, quite popular in the sector, approached us for a comprehensive upgrade rectifying a few of their concerns. With a large array of high-quality dining accessories and kitchenware the business was known for redefining culinary experiences with their premium range of products.

The business expanded its product line and distributor base post which a series of significant challenges followed with managing commission payouts. The root cause being the existing system lacking flexibility in handling multiple payment methods, that led to delayed payout distribution and decreased distributor satisfaction.

Epixel MLM Software quickly analyzed the scenario and found that inaccurate and untimely commission payouts affected distributor trust and motivation for a long time. However, the company found it difficult to automate regular payouts and set a minimum earning threshold. This severely hampered the admin workflow and increased the chances of financial discrepancies.

Identifying the need for an efficient payout management system, Epixel devised a comprehensive payout management solution comprising of effective features and functionalities to boost distributor retention rates and improve overall sales performance.

Dissecting the dilemma

Merging a strategic software solution

Once the key difficulties were rightly diagnosed, Epixel quickly laid down the solutions to the payout inefficiencies that the MLM business faced to get rid of further growth challenges. To help the business increase its sales performance, we took extra care to devise a meticulous system that supports multiple payment methods and automates regular commission payouts. We were also careful about equipping the platform to aid the business handle numerous payout preferences that are accurate and goes out on time reducing admin overheads.

For the kitchen and dining MLM business to thrive in the growing and highly competitive market, we integrated the following sophisticated features and functionalities.

Multiple payment methods capable of processing numerous payout options from bank transfers to PayPal and digital wallets. This feature was aimed at providing distributors with diverse payment options, increasing payout flexibility by 80% and distributor satisfaction as well.

Auto scheduled payouts to automate regular commission payouts ensuring payments on time. This was expected to reduce payout delays by 70% and build a strong rapport between the business and its distributors.

Managing threshold by letting the business set a minimum earning limit for the distributors to be qualified to earn the payout. Optimizing the cash flow management by 50% was the key aim of this feature through which the business was expected to gain better financial efficiency.

Real-time payout tracking to keep distributors updated on their earnings and payout schedule with which brand trust and transparency was projected to increase by 40%.

Comprehensive reporting and analytics to help the business derive comprehensive reports on payout history, pending commissions etc, thus enabling the business to make better decisions and derive enhanced results.

Epixel’s end-to-end approach was devised in aid of streamlining the payout process of the MLM business and at the same time boosting distributor satisfaction and operational efficiency.

The result spectrum

Efficient payouts, energized distributor base

While Epixel was keen on resolving the key challenges that the kitchen and dining MLM business faced, we also ensured that their existing system was transformed into a future-oriented one. As a result, we could yield the following results as well.

Deriving better decisions related to compensation strategies through comprehensive reporting and analytics, with an expected improvement in financial oversight of up to 35%.

Allowing the business to focus better on its core strategies and customer engagement than spending time on mundane admin tasks, thus aiming to reduce workload by 30%.

Forecasting a 25% surge in distributor retention rates, 45% in motivation rates and 40% in overall sales through improved payout processes.

Challenges and solutions

Crossing the tough tunnel

Team Epixel was prepared to face a few challenges and consequences while we took over the business and its concerns. However, we met a few hard challenges heads on, that helped fine tune our expertise and derive better conclusions in aid of the business.

While transitioning the system to multiple payment methods was expected to create confusion with planning and integration, thorough analyses run by our dedicated team of engineers devised a comprehensive training and support module. This was predicted to improve adoption rate by 80% streamlining the process efficiently in a month’s time.

Adhering to legal and financial regulations was a crucial aspect for which stringent compliance measures and advanced encryption protocols to stay in line with federal and state laws were carefully integrated. This was intended to reduce transaction risks by 25%.

Preventing errors and maintaining data accuracy was the next challenge that got us to work on a scrupulous data validation protocol expecting to deliver 100% data accuracy with payment calculation and distribution.