Binary MLM Software compensation plans
Binary MLM compensation software is the famous MLM compensation plan used in Multi Level Marketing industries. It consists of two legs (power-leg and profit-leg) under every distributor. Power leg means to add other members and profit leg means to join network marketing for itself. It allows the distributor to support only two frontline members on the right and left sides.
How does Binary MLM Plan work?
A binary mlm plan is a useful compensation plan used by many network marketing companies. The new members are added on the right leg and left leg. A binary tree is made by adding two members on both sides of the leg. When a binary tree is formed, the newly added members are placed in the downline of other members.
Generation MLM Software compensation plans
Generation MLM compensation software refers to the generation stages. MLM compensation plan is an engaging plan in which the commissions are calculated at different stages. The commission structure in the generation reduces with expansion in generation level. It is used to manage generation premium plans in direct selling companies.
How does Generation MLM Plan work?
Generation MLM plan works on generation level, every generation has equal members predefined by company. If a company adds 5 members at a level, then the first generation will have 5 members, the second generation will have 6 to 10 members, and so on. The commission will reduce with an increasing number of stages. The commission for first-generation will be 15%, the commission will reduce 10% at the second level, and the process of calculation will continue.
Matrix MLM Software compensation plans
Matrix MLM compensation software is used by MLM companies when there is stable width and depth to add new members. This plan permits adding only two members at the first stage, then the new members will add to the next stage below other members. It inspires members to enlist in the downline and makes it easy to understand.
How does Matrix MLM Software Plan work?
It allows a limited number of new members to hire due to its limited width. The number of Matrix is predefined by the company. If there is a limited width for 5 then only 5 members can be added to the first stage. The new members will be assigned in the matrix tree. Since, it has limited width compensation plan, so, upline has focused on the sale of the downline.
Single Leg MLM compensation plans
Single leg MLM compensation software refers to a monoline plan which forms a single chain of reference and main idea to get benefit from a line. The first member who joins is the upline member and they are followed by downline members.
How does Single Leg MLM Plan work?
It works on a first-come-first-served basis, you can be rewarded for the sales generated by you and promoters in your downline. In this structure, there are no rules as some companies have certain conditions before you can start forming your origin. If an upline member supports a member then the joined member will go at the downline and you will receive compensation for each member in your downline.
Crowdfunding MLM Software compensation plans
Crowdfunding MLM compensation software is a popular plan which helps in developing business in a short time. Any individual with an innovative idea can take the financing required to run the business. An individual can set up a Crowdfunding page for practically anything to raise huge chunks of money.
How does Crowdfunding MLM Plan work?
It helps to add new members at the downline. All members collect the funds to become a part of the crowdfunding community. Every member gets profit according to the value they donate. The group has fixed the amount of charge of the total fund to calculate the compensation.
Board MLM Software compensation plans
Board MLM compensation software is a famous plan in which members who qualified fixed criteria set by companies will get a new place in the next board. A board is a new tree made for those members who reach these criteria. It is also known as the recycling matrix plan. It can exist in a compensation tree for different patterns based upon the company’s rules.
How does Board MLM Plan work?
It can be implemented with another Plan and discussed in the stage of the final section. Board MLM compensation plan comes with various boards that we have discussed in the above section. In a board MLM plan, a board can be a normal matrix cycle. MLM company chooses a 4x4 matrix cycle; there will be different matrix cycles such as 4x5, 5x4, 5x6, etc. in the board plan. All the boards work similarly to the matrix plan.
Gift helping MLM Software compensation plan
Gift MLM compensation software is the concept of MLM and people give their interest in joining the plan due to its simplicity of gift plan and chances of getting higher returns. Each member will earn profit from others since this is an easy concept of giving and taking. You can grow your business with a donation plan and crowdfunding software.
How does Gift helping MLM Plan work?
A gift plan is a variant of cash gifting. This plan is known as a cash order plan. The basic concept of this plan is to send a gift to a member and get many gifts from other members. The company may charge an amount of the executive expense and also for registration charges. The members of this plan will deposit directly to another member.
Stair-step MLM Software compensation plan
Stair-step MLM compensation software is used by those distributors who have just started their MLM business and want to get big success. This plan consists of different stages with a sales target. Every member at every stage has to reach the target and they get to payback. When a distributor achieves the target, then they are promoted to a high level and also get new doors of earning.
How does Stair-step MLM Plan work?
It provides a large frontline and if anyone can target the cut-off percentage so they can grow up at a certain stage will get a breakaway. This plan comes with a staircase and breakaway process. It is very easy to understand. There is an opening cost to enter into this plan, the breakaway based on the earnings from this and the downline teams. At every stage, the members are assigned a low price amount that you generate from the company.
X UP MLM Software compensation plan
X UP MLM compensation software is referred to as the purification of multilevel MLM. It is also known as a pass-up plan as the earned profit from sales is passed to the upline members. It is a modern plan which is used by the majority of MLM companies and is difficult to use for someone who does not understand the features of this plan. The downline members move the sales to the above stages and help to reach the target within a given time.
How does X-UP MLM Plan work?
The easy way to understand the X UP compensation plan is very easy if people have a great idea regarding the concept. When member x achieves the target, then his/her sponsor earns a bonus as creating the sales. Suppose, x should have five members so the working members generate sales and earn a profit of two members given to the sponsor, and the bonus of the other three members will reach x. This plan includes x up bonus, level commission, and rank advancement bonus to every working member who follows MLM software.
Repurchase MLM Software compensation plan
Repurchase MLM compensation software used for direct selling by many companies and they require for best repurchase MLM software for operating and handling their selling companies successfully. The MLM companies need this concept with attractive shopping cart websites, data centralization systems, etc. Awapal MLM software company provides the best and customized repurchase MLM software integrated with all features and functionalities in it.
How does the MLM repurchase plan work
In this concept, the members help the company to promote, sell products and get compensation for their work. The repurchase MLM calculates the commission of every member based on a certain percentage of the cost of products. Members directly sell the products without advertising and hence the money saved from advertising is compensated among distributors.
Conclusion
Here, we discussed the top 10 MLM compensation plans. We acknowledge that all compensation plans work well for MLM companies. All the compensation plans are unique according to their features, and functionality. Each compensation plan has different structures and benefits the MLM companies differently. At Awapal, you will find MLM compensation software solutions that reach your requirements and goals. Our experienced team develops MLM software with each compensation plan according to the needs of your business.