Multi-level marketing, also known as network marketing, has become a highly successful business concept that transforms baby boomers into successful entrepreneurs. Multi-level marketing business is considered as an extra source of income for working professionals, a convenient profession to stay at home moms, and even for those who wish to work after retirement.
But, not all the participants of an MLM business are successful in achieving their sales targets due to certain challenges as given below -
How Is MLM Different from Traditional Marketing?
A traditional marketing business like a retail store or a business organization includes employees who are paid a salary to sell the products & services. It does not matter how many products or services they sell; they are paid a fixed amount of salary.
In MLM business structure, the chain of selling participants is formed. Each participant is paid commission based on two conditions - first when they sell the products/services directly to their customers, and second when the other participants under that participant have sold the products/services to the customers. The participants are supposed to recruit other participants under them, to form the chain, and earn high incentives.
This is how MLM works -
Most of the networking businesses use multi-Level marketing software to overcome these challenges as it helps in training the participants, communicating & collaborating, marketing & promotion of the products, and tracking the performance & calculating the incentives of each participant accurately.
So, if you are looking for the best MLM software that suits your business, the list of the top 7 free and open source multi-level marketing software given here can help you in picking the one.
Before we go through the details of MLM tools mentioned in this article, let's have basic information about what is a multi-level marketing software, what are the benefits of using it, and the features to look for in one to make the most out of it.
What is MLM Software?
Multi-level marketing software, abbreviated as MLM software, is specially designed to address the issues relating to affiliated marketing businesses. Running a multi-level marketing business becomes challenging without the use of the MLM software because of its complex hierarchical and continuously expanding structure. The MLM software allows you to operate multi-level marketing business accurately, and efficiently, and at the same time ensures that your business is following rules and regulations set by the FTC (Federal Trade Commission).
Before we understand what exactly an MLM software does, let's have a look at the process of Multi-Level Marketing Business -
Multi-Level Marketing Business Process
During this entire process of multi-level marketing business, there are several tasks to be done, like setting up sales goals for different members, collaborating with them, generating reports, calculating profits, defining sales strategies, and many more. MLM software is a 360-degree tool that helps you with marketing, sales, recruitment, inventory, distribution, and all the key factors contributing to the success of your multi-level marketing business.
Benefits of MLM Software
MLM software is the key ingredient of any network marketing business as it allows its members to complete their tasks seamlessly, and at the same time helps them to achieve their sales goals. Below-mentioned are some benefits of MLM software in detail.
These benefits would have convinced you to adapt MLM software for your business, but the question may come into your mind is which features to look for in one so that you can gain maximum benefits out of it. Below are some must-have features to look for in an MLM software that can help you while selecting one that suits your business.
Must-Have Features of MLM Software
MLM Compensation Plans
Your MLM software should allow you to manage different MLM compensation plans like Binary, Matrix, Board, Generation, Hybrid, Differential, and many more suiting to your MLM business structure.
Payment Processing
MLM business has to deal with online transactions, and so automatic & secure payment processing feature is essential to accept payments through credit/debit card, Paypal, e-Wallet, etc. Just ensure that your MLM software includes easy & flexible payment gateway to accept payments seamlessly.
E-Commerce Integration
Most of the businesses sell online these days. MLM tools providing eCommerce integration with attractive themes allows you to showcase your unlimited number of products online and increase sales.
CMS Website Design
CMS also known as content management system, helps you to update your website easily without having technical knowledge. MLM companies require updating products and services frequently, and so the MLM tool allowing you to do that can be beneficial for your business.
Multilingual Support
MLM business supporting multiple languages can help you in targeting the members and customers around the globe. The ease of handling business in the language of your members’ choice would be comfortable for them and thus help you in growing your business.
Role-Based Access
There are different types of users using the MLM software like customers, members, employees, administrators, etc. The MLM software you select should allow you to provide role-based access permissions to keep your data secure.
Storage & Backup
In MLM business, there are so many variations in products, and members involved. Storing and accessing so much information is inevitable in this type of business. So, just ensure that the MLM software you choose has unlimited storage & backup capacity.
These were the must-have features which you need to consider in your MLM software. Moving further, below-mentioned is the detailed information about the 7 best free and open source MLM software with a comparison chart so that you can pick the one that suits your business.
The 7 Best Free and Open Source MLM Software
#1 Cloud MLM
Cloud MLM software is one of the best and secure MLM solutions available in the current market. It uses all the latest platforms including Laravel, HTML 5, CSS 3, jQuery, Ajax, OpenCart, and Magento to provide the functionality required to stay ahead of the fierce competition prevailing in the multi-level marketing business these days.
Key Features
- Has the ability to integrate with various platforms
- Allows web-based management from any place
- Can be used on all mobile screens
- Highly extensible suiting to any MLM plan
- Easy to use as includes a clean interface
- Supports multiple languages and currencies
- Offers a strong backup system
- Includes payment gateway system
- Can generate customized reports
- Allows SMS integration
- Includes in-built E-Wallet System
- Includes web design templates
If you have already used Cloud MLM, please feel free to share your reviews here.
#2 Infinite MLM Software
Infinite MLM software is a leading MLM software that provides advanced features for different MLM compensation plans. It can fit into any business model and can overcome the challenges of networking business. It can effectively manage new members joining, promotions, recruiters, members' compensation plans, and everything that can help a networking business to achieve success in terms of efficiency and profitability.
Key Features
- Built using modern techniques like PHP, CMS, Apache, jQuery, and MySQL
- Includes high-end security features to keep your confidential information secure
- Has a strong backup system
- Allows launching and managing business website & mobile application
- Includes E-Wallet system
- Can integrate with eCommerce platforms
- Supports multiple languages
- Includes payment gateway system
If you have already used Infinite MLM Software, please feel free to share your reviews here.
#3 Hybrid MLM
Hybrid MLM empowers businesses to overcome all the complex network marketing challenges. It gives managerial control over the overall business workflow to the business administrators allowing them to gain efficiency, which ultimately leads to high productivity and increased ROI. It is a modular software system which is highly flexible with a perfect coding combination. The modules of this software can be assembled and decoupled, allowing you to manage different MLM compensation plans accurately.
Key Features
- Built using the most secure Framework - Laravel
- A fully modular system providing better control over the functionality
- Includes different theme layouts allowing you to customize the interface aligning to your brand identity
- Includes intuitive and powerful mailing system
- Allows stress-free file management using its drive module
- Includes real-time notification system
- Includes AJAX-based members management interface
If you have already used Hybrid MLM, please feel free to share your reviews here.
#4 Epixel MLM Software
Epixel MLM is a data-driven MLM software that helps you in discovering significant insights enabling better decision making taking your business to new heights. It is built using the right tools that can help your network marketing business to stay ahead of the competition. It also enables you to keep your distributors and customers motivated and retained so that you can expand your salesforce seamlessly.
Key Features
- Allows member to member eWallet transfers
- Can integrate an eCommerce system
- Allows adding unlimited members
- Enables real-time tracking of income and expenses
- Allows communication and collaboration within members
- Supports multiple currencies
- Allows viewing down-line and up-line members listing
- Generates detailed reports
If you have already used Epixel MLM Software, please feel free to share your reviews here.
#5 Lead MLM
Lead MLM software is a versatile MLM software that is powered by latest technologies and is loaded with all the necessary features which can help in managing, controlling and analyzing all the activities in a network marketing business. It is a web-based secure application, and so one can access it anytime from anywhere. It is easy to integrate with eCommerce and payment gateway systems, and so you can take your business online and generate maximum revenue.
Key Features
- Allows designing & launching a business website
- Can manage eWallet accurately
- Includes ticket system for internal assistance
- Includes themes for software interface
- Can integrate SMS to receive notifications on mobile
- Allows members to re-purchase items as per the requirements
- Can generate reports showing the performance of each member
- Supports multiple languages & currencies
- Includes internal mailing & chatting system
- Can integrate with eCommerce and payment gateway system
- Can be used on multiple devices & platforms
- Includes Android MLM application
If you have already used Lead MLM, please feel free to share your reviews here.
#6 MLM Softworks
Free and open-source MLM software by MLM Softworks has been developed using PHP, MySQL, Laravel & Bootstrap. You can build, customize, and even resell this MLM software as per the business requirements. This free MLM software is frequently updated so that you stay ahead of the competition. It is integrated with API functionality so that you can fetch real-time reports and make informed decisions benefitting your business.
Key Features
- Fully responsive software
- Can process a large amount of data as it is highly scalable
- Includes high-end security features
- Continuously updates features for excellent functionality
- Provides detailed MIS analytics
- Supports multiple languages
- Can integrate social media platforms for effective marketing & promotion
- Includes auto-backup system
- Can integrate with a payment gateway system
- Includes Bitcoin integration
If you have already used MLM Softworks, please feel free to share your reviews here.
#7 RapidMLM
Rapid MLM is one of the best MLM software that can help you in growing, tracking, and perfectly managing your networking business. It can help you with launching a website, eCommerce integration, online promotion, direct sales, collaboration, communication, process management, and everything which you would want to automate and streamline for your multi-level marketing business.
Key Features
- Helps in launching a responsive and personalized website
- Allows third-party software integrations
- Includes shopping cart features
- Allows commission tracking for members
- Can build affiliation structure as per MLM business requirements
- Includes payment gateway integration
- Includes broadcast system keeping all the customers and members informed about the latest updates and offers
If you have already used RapidMLM, please feel free to share your reviews here.
The 7 Best Free and Open Source MLM Software Comparison Chart
Besides these free and open source MLM solutions, we would also like you to have a look at one of the most popular MLM tools - OmegaMLM.
Omega MLM
OmegaMLM is one of the most popular MLM solutions that can suit networking businesses using different MLM plans like binary, generation, hybrid, differential, and many more. This software can be customized as per your MLM complex rules. Whether it is a small, medium, or large MLM business, this software can adjust to the business requirements seamlessly.
Key Features
- Includes E-Wallet system to manage the commissions of all the members easily
- Each member can own a replica website to promote their business
- Can use E-Pin to collect payments
- Can integrate with eCommerce & payment gateway systems
- Excellent collaboration & communication systems included
- Incorporated with SMS solutions allowing quick communication & promotion
- Includes mobile app to improve customer experience
If you have already used Omega MLM, please feel free to share your reviews here.
Conclusion
Owning and managing an MLM business is altogether a challenging task as you need to ensure that your members are being paid accurately, customers are satisfied, and your organization is working as per the norms set by Federal Trade Commission (FET), all at the same time. One of the most important attributes helping you to achieve success in your networking business is adapting the best MLM software.
Now this information might have definitely served you with your aim to select the best MLM software as per your business requirements. Still, if you are looking for more options, you can go through MLM solutions with advanced features like Ventaforce, MLM Solution Hub, Secure MLM, and many more mentioned in the complete list of MLM Software intricately curated by the GoodFirms Team.
Also, browse all software categories here if you are looking for the latest software used for other business sectors as well.
If you have used any of the MLM solutions mentioned above, please leave your valuable feedback here.
