How Binary Plan MLM Works?
One can recruit two people into the first level. Most of the binary MLM Company gives binary compensations based on the least active leg .To make the concept more simple say if the left team has fewer business sales than the right team, the binary bonus will be paid based on the left team sales amount.
So the profit margin depends entirely on your down-line team being active. That is if one of your team is inactive, then you will not earn much money. Efficient Binary MLM Software will help to manage effortlessly all concepts of binary MLM features.
Compensations in Binary MLM Software
Binary MLM companies plan various compensations for the team to make them motivated and active. As mentioned before, most of the binary MLM Company gives binary compensations based on the weaker leg. Some companies may have the carry-forward option of excel sales to next commission period. To increase the stability of the binary networking system, the companies may limit the payout to a certain amount.
We are providing the authority to make changes in the plan to all these compensations & rules in our customizable Binary MLM Software.
The basic rule of a binary plan is that a user or a sponsor needs to provide two members to the down line as this is the way to build up a binary tree. The “sponsor bonus” or the “referral bonus” is the benefit which the user gets by bringing new members to the network.
Some companies will have different packages to choose while registration, so direct referral commission percentage will be calculated based on the package your down lines choose. Commission amount will be automatically credited to your e-wallet upon completing the registration process of your down line.
Our MLM software helps in organising the bonus structure perfectly. These options add priceless value for this system.
The compensation plan is all about adding more sales to the down line who supports a lot in increasing bonus and earning profits. Once filling the down line perfectly by balancing both legs with active members, the tree gets completed and the user will get the bonus as per the work of the down line members, this is called “the binary bonus”.
However, these bonuses are subject to “capping” and this work in accordance with the set of rules regulated by the company.
With our software package one can even get carried forward amount which can be used further and it depends on the plans the user picks. MLM companies can choose fruitful plans using the package which is provided from our side.
The Matching Bonus in the Binary MLM plan helps all the sponsors gain quality income from their respective downline members. Briefly, it’s nothing but the bonus received for introducing new members to the network.
The parent member who sponsors the down line members can earn income which the down line members earn in the form of the bonus and such earnings are known as matching bonus. The matching bonus increases up to n generations and is completely based on the compensation MLM plan which the MLM Company chooses.
MLM Back-office software Features
As a leading provider of MLM Software we are offering almost all the standard features of efficient MLM Software.The list of enterprise features which will assist you to manage the business effortlessly
- Clean & Classic Dashboard
- Genealogy Tree
- Multiple Currency Support
- Multilingual Support
- Full Responsive
- Network and Team Explorer
- Change Sponsor & Repositioning
- Customizable profile
- Multiple Network View
- Down-line and Up-line listing
- Sponsored Members Listing
- SMS Integrations
- Rank Advancement
- Custom Rules for Ranking
- Income and Expenses Report
- Multiple Withdrawal Options
- Multiple Payout Options
- Theme Switcher
- Configurable Enrolment Fees
- Multiple Compensations
- Business Wallet
- Business Turnover and Expenses
- Track Activities
- Configurable Compensations
- Customizable Business Plan
- Unlimited Members
- Support Ticketing
- Lead Capturing
- Multiple Payment Options
- Support Ticketing
- Transaction Failure and Recovery
- E-wallet Transfers
- Live Chat Module
- Manage User Types
- Integrated REST API
- Bitcoin Integration
- Multiple Wallets
- Automatic Payout