What is Monoline MLM Software?
Monoline MLM Software is a web-based application that maintains the Monoline marketing plan and also to keep track of commissions earned and makes report systematically. Monoline MLM Software is systemized with all activities those are done by MLM Companies.
What is Monoline MLM Plan?
Monoline MLM Plan is a straight line MLM Plan which consists only one leg for each member. It is also known as single leg MLM Plan or Linear MLM Plan. The concept is so simple as its name says. It’s all about pertaining to fall into the same “mono” (Single) line. Monoline MLM Plan is the most attractive single line MLM compensation plan in the network marketing industry and also the simplest business model that anyone can understand. In the upcoming years, Monoline marketing Plan will be the most popular MLM plan in Multilevel Marketing business. The most interesting fact of Monoline Marketing Plan is that it has only one leg to work. Every member automatically goes down once new member join. In MLM Monoline system, you will receive monthly revenue which overrides on everyone below you, even those you do not sponsor.
In Monoline network marketing, the key thing to building a downline is that you will get paid on the efforts of others even if they pass you up in the various qualification levels. In Single leg MLM plan, you can boost your business at the low cost and also the more you appeal to the masses, the faster bigger money you will make through this. Like many other compensations Plan, Single leg MLM plan has got many features and benefits to run network marketing companies.
How Monoline MLM Plan works?
Monoline MLM Plan that is also known as Linear MLM Plan, is closely related to forced Matrix Plan. While moving into the technical aspects, Monoline Plan proves to have some benefits over forced Matrix Plan. That is, the forced MLM Plan works under a particular number of slots (which is mandatory to be filled up); but in the case of Monoline Plan, there is always a chance to earn every time when a new person joins the network. The structure of the downline depends upon the joining time stamp. The first who ever come will get more of the benefit.
Refer the example given aside; firstly, all members are placed in a single line. When (1) adds (2), (1) and (A) earn a referral bonus amount. This continues in a way by completing the chain, allowing (A) to earn the matrix bonus and re-enter back on the bottom of the line.
This is an attractive compensation plan because there is no limit or no mandatory level for this plan to work. Also in the case of monoline network, it is able to divide the profit shares. Apart from that, an important thing to be considered here is the timing (as this plan is completely based on the first come first serve methodology). It’s well known that a lot of new companies are into Monoline due to its popularity. Altogether, Monoline MLM Compensation Plan is a highly recommended MLM Plan.
Monoline MLM Compensation Plan
Basic compensations which one can earn through monoline MLM compensation plan is
- Referral Bonus
- Rejoin Bonus
- Matching Bonus
Referral Bonus / Sponsor Bonus
Referral Bonus or Sponsor Bonus is the earned bonus when a user refers or sponsor any new member, directly he/she will get a certain amount as a referral bonus. The similar way a user can attain maximum benefits from sponsor bonus. For that, He/she needs to refer unlimited members and gain an unlimited bonus.
Rejoin bonus is the special feature of single leg MLM plan. A user will get a bonus if he/she gets free re-entry back into the system. As Monoline MLM Plan is the single line plan, the user will get many re-entry bonuses as the system grows.
Matching Bonus will occur if any user gets the bonuses like referral bonus or rejoin bonus, the sponsor will also get the same advantage i.e., both user, and sponsor will get the bonus at the same time. This kind of bonus is called as a matching bonus.