According to the modern Multi Level Marketing System or MLM Strategies, there are a number of network marketing plans you can choose from. We offer the best and the customized MLM compensation plan for all MLM compnaies to run their MLM business more effectively. To understand the MLM structure, we offer a free demo for each MLM plan. Learn about the different multi level marketing plans and choose the best MLM plan for your MLM business.
WHAT IS BINARY MLM SOFTWARE?
Binary MLM Software is a web application that helps to manage binary networks such as to keep track on downline’s incomes and expenditure. It reduces the manual works done by the MLM companies.
How Does The Binary MLM Plan Work?
A Binary compensation plan requires each member to recruit and sponsor two other members to join the plan, that can potentially lead to a fast expansion of the network in a relatively less amount of time.
In the front line of the binary network marketing plan, there will be two legs, Left and Right. However, if a recruiter hires more than two members, the new member will be added to the next available position in the power leg. This allows a new member to be shared between all downline’s power leg, nevertheless of who recruited them. This process is known as spillover. But in the case of the profit leg, there will be no spillover because the profit leg will only grow with the individually sponsored downlines.
One of the main variations of the Binary Technique is that it is quantity inspired in contrast to level inspired. This also indicates there is an inspiration to help new affiliates in your organization.
How Does Commission Calculation Work?
The binary system network marketing plan is referred to add more sales to the downline members who benefit in increasing bonus and gaining profit. In the Binary MLM Plan, commission calculations are carried out based on business volume points, not levels. A binary compensation plan calculator or MLM binary calculator will empower you with the necessary binary calculations at your fingertips to facilitate in better decision-making.
Commission Based On Weak Leg
In a Binary MLM Plan formula, a commission is calculated based on whichever side a team or leg has the least amount of volume. The percentage will be calculated of that least amount of volume and every member will get paid based on that, so the profit margin depends on how your downline team members make sales.
For example, if the left leg earns 500 points and the right 1000 points. Then, the commission will be calculated as 10% of the least amount of volume that is on the left leg, so, 10% of 500. And the right leg will have a carry point for the next commission.
A fully featured and efficient Binary MLM Software with a binary compensation plan calculator or MLM binary plan calculator helps to manage all these commission calculations.
Introducer or Sponsor Bonus
The introducer bonus or sponsor bonus or a referral bonus is the profit which the user gains by recruiting new members to the downline network. For every direct referral, a user or recruiter will get paid with the referral bonus. The sponsor bonus will be calculated based on the percentage of the predefined amount by the company.