Infinite MLM software offers a comprehensive software incorporating Board MLM plan that focuses on the compensation structure within a Board MLM system. The software offers flexibility and scalability by seamlessly integrating with a variety of compensation plans, including binary and matrix
The Board MLM plan is a MLM compensation structure where distributors are arranged into a board or matrix. In the context of MLM plans, a board refers to a group or matrix of distributors within a specific MLM organization. The board is typically structured in a specific format, such as a 2×2 or 3×3 matrix, where distributors are positioned in a hierarchical order.
The commonly adopted board MLM plan is a 2×2 board plan wherein each member has to recruit two other people.
The Board Plan MLM is a 2X2 Matrix Cycle where members are entitled to commissions when a specific number of entries in the Board/Matrix Cycle are completed. Members can earn commissions when a specific number of entries are completed within a board/matrix cycle. As such, the genealogy tree represents the structure of the MLM network. Upon joining, members are allocated a blank board and must fill columns by recruiting associates.
The number of columns may vary by company, and commissions are awarded as columns are filled. This plan limits sponsorships to two-member legs on the first level and limits downline depth to two levels, allowing for a completed Matrix Cycle of 6 people. This structure fosters a dynamic and compact network, encouraging members to work closely with their recruits to achieve their commission goals.
Here, we are considering a 2×2 board MLM plan. There are two kinds of commissions in board plan MLM, namely referral commission and cycle commission.
Referral Commission
Distributors are now able to receive commissions or other incentives for introducing new clients or distributors to the business. As such, they are encouraged by this bonus to actively promote the goods or services and broaden their clientele, which promotes company expansion.
Cycle Commission
It is a commission given to a participant in the MLM plan after they finish a cycle. A collection of 2×2 matrices with active members is typically referred to as a cycle. The amount of the cycle commission is typically expressed as a percentage of the overall sales produced by cycle participants.
Board MLM offers leadership bonuses for distributors reaching certain ranks. This motivates them to expand their teams and recognize their ability to build strong networks.
Distributors are incentivized to recruit new members into their downline. This boosts their income and network, and fosters a culture of recruitment and team-building.
Level Bonus by Board MLM rewards distributors for advancing within the board by sharing in their downline’s sales and commissions. Thus, this ensures a consistent income stream.
The Rank Achievement Bonus rewards distributors for reaching ranks.This motivates them to aim higher and achieve greater success in Board MLM plan.
Usually, MLM companies collect a one-time joining fee from every distributor, which in the case of Matrix Cycle Plan is a commission. But, at the time of completion of the matrix cycle by the allocation of 6 members in the network,
Board-plan MLM companies usually pay out a compensation of two times that of joining fee. The admin panel has the authority to set the commissions, like 100$.
If you are looking for a network marketing business that offers maximum earnings potential, simplicity, flexibility, and support, then the board MLM plan is the perfect choice for you. Clients can select from single board, two board, or multiple board MLM plans. Additionally, they can tailor the board splitting amount to suit their specific requirements. Contact us today, for further information.
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The MLM Board Script offered by Infinite MLM Software serves as your pathway to success, providing an opportunity to leverage the collective efforts of all board members to your advantage.
The software is really easy to use and the team is really flexible, and we are comfortable with infinite MLM board plan for many years.
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Infinite MLM Software
