A Binary Plan is a systematic organizational structure that is established by Multilevel Marketing (MLM) companies and is the most popular marketing compensation plan. It helps to manage binary networks such as to keep track on down line’s incomes and expenditure. It reduces the manual works done by the MLM companies. It is quite popular among companies, part-time professionals, network marketers, and all the other members who wish to set up an MLM business. Consequently, the members are supposed to add only two forefront members.Structure grows faster in this plan which is beneficial for a business to earn and grow quickly.
Forced Matrix Plan DemoForced Matrix Plan limits the number of distributors that sponsors can add on the first level. It motivates the members to recruit more members for the downline. This works on the basic principle of m*n where 'm' represents width and 'n' is depth of the tree. Here the defined number of members are added to the first level. Once this level is completed, new member introduced by the parent member, if any, will spillover to the next level in the downline and like this, the depth of the plan is built by addition of new members.
Lets Understand Forced Matrix MLM Plan with an example that is based on 2*3 concept. According to this, 2 represents the number of members in the downline that a sponsor can add in its downline whereas 3 indicates the depth of the genealogical tree. This is not fixed and is decided by individual companies depending upon the requirements. In 2*3 Forced Matrix Plan, you can add only 2 distributors on the 1st level and the tree can go up to 3rd level in its depth with 4 members in the 2nd level and 8 members in the 3rd level. Like this, it will continue till 3rd level. A recruits only two direct members on its downline as B and C and qualifies for Rs. 500. Now B adds two members as D and E where B will get 500 only when it recruits at least 1 direct member, similarly C adds F and G. Now, A will get Rs. 800 because its 2nd level of 4 members is complete and B and C will get Rs 500 each as they complete its 1st level of 2 members. Like this, the process continues as per above-mentioned table.
| Level | Member | Direct Member | Income (Rs) |
|---|---|---|---|
| 1 | 2 | 1 | 500 |
| 2 | 4 | 1 | 800 |
| 3 | 8 | 1 | 1600 |
Leveraging upon several years of experience, our company offers different compensation plans to direct selling companies. Check out the below-mentioned compensation plans of Forced Matrix Plan:
Here bonus is given when any new member joins the team. This type of bonus is introduced to motivate the downline members that keeps them encouraged. Bonus can be earned after filling up the 1st level. The amount is company specific and vary from company to company.
Here, the commission is given to the member after adding new members i.e. once the 1st 3 members add new member then sponsor gains bonus. Next level members when adds three new members/users so that they can earn some other bonus. The compensation plan that can be extended to the nth level.
Once the defined number of members are added in the genealogical tree, the sponsors get reward bonus due completing the assigned work within the predefined time. This motivates the members to work and earn more and attains new height of success in business.
After achieving the set cut-off within the notified time and company gets the profit in its business, then certain percentage of the set package is distributed between sponsors as well as distributors. This percentage is decided by the company based on their business's growth.
This is a short term rewards that company gives to members on achieving the set target within the predefined time duration. The rewards can be in the form of fixed amount or it can be some tour packages (this package is not fixed and varies according to the company's preference).
Here the member get some percentage of bonus amount on daily basis. The time frame and amount is decided by the individual company as per their profit and rules. The percentage amount received by members encourages them to take their business to a new level.
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