The Matrix MLM plan is a compensation scheme that has a predetermined genealogy structure from its birth. Unlike others, this plan has precise clarity on both the width and depth of the genealogy structure it would adapt. This plan is also called Forced Matrix Plan and is represented by the formula Width * Depth.
Matrix Plan limits its width more compared to its depth and motivates to hire more members in the downline. It has a pyramid structure arranged into a fixed number of width(row) and depth(column) that restricts the number of distributors you can sponsor on your first level.
The bonuses in the Matrix plan are generally structured as follows.
The introducer bonus or sponsor bonus is the compensation that sponsors or distributors get by recruiting new members to the network. This bonus will accrue immediately after the recruitment of the new member gets done.
Level commissions refer to the rewards gained by upline members when a recruit is placed on their downline. The upline levels up to which this commission can be earned differ based on the exact compensation scheme followed by the company.
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Provide premium E-Commerce store facilities with our integrated, customizable online shopping carts.
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In a matrix plan, members can be compensated in various ways concerning the rank, recruitment, and sale of MLM products. Common MLM compensation schemes include Sponsor Bonus, Level Commissions, Matching Bonus, Position Bonus, and Forced Matrix Bonus.
Generally, sponsors of a new joinee are compensated with a sponsor bonus when the new individual joins the company under his referral. With the joining of the same member, those in the new joiner’s upper lines would be compensated with Level Commissions.
Once the matrix gets completely filled by members, it is a general trend in most MLMs to compensate them with Forced Matrix Bonus.
Configure various system settings and customize as per your need
Set the max/min payout amount, whether it is a flat or a certain percentage as a payout fee. Payment methods like manual payout by admin, or payout by user request are supported. You can also enable mails regarding the payout status.
Enable/Disable the different payment methods like PayPal, E-Pin, E-wallet, Bank Transfer, Cryptocurrencies, and many more in our Matrix MLM software. Configure the payment gateway by providing an API username/password, API key, and other settings required.
Configure the different types of compensations like sponsor commission, level commission, matching bonus, performance bonus, and much more by enabling the required compensation plan. Set the calculation period, calculation criteria, pair type, ceiling period, etc for each commission.
General settings can be used to set the registration amount, service charge percentage, purchase wallet commission percentage, TDS% for a tax deduction, etc. You can set the time for automatic log out, enable 2FA, and settings to skip bonuses for blocked users.
Enable/Disable any currency to be allowed in the system and set any currency as default. You can configure the currency title, currency value, and currency code for any specific currency. Globalize your Matrix MLM Software by supporting multiple currencies.
It supports clients to view all the tickets raised from the customer end and provides the resolution for all the open tickets via the support center. Our ticket system ensures that everyone gets their issues addressed in the right order.
Set the total number of E-Pin allowed in the system and the E-Pin amount to be added to the system. You can also set the E-Pin character like numeral, alphabet, or alphanumeric.
Set the tree icon based on the profile, member status, membership package, or rank and enable tooltips like first name, date of joining, right, left, left carry, right carry, GV, PV, rank status, and much more required for the setting of a matrix tree.
We provide you with a Graphical representation of the entire members in the form of a tree.
This is also a graphical representation of the members of the system based on the referrals.
Use our free Matrix MLM Calculator to figure out your earnings. Based on your number of recruiters and sales predictions, our Matrix MLM Calculator can estimate your income. According to your recruitment and sales volume, this calculator will help you anticipate your monthly Multi-Level Marketing revenue and the commission earned by each distributor at each level of your network.Try Free Matrix MLM Calculator