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Delivering Network marketing CRM for success
A Binary Plan is the most popular marketing compensation plan amount for Multi-Level Marketing (MLM) Companies. Our MLM Software CRM easily manages binary network trees and gives in and out activity reporting to keep track of the down line’s incomes and team structures. Binary MLM software also enables the users to see their income and network status and manage their payouts and referrals.
Advance Dashboard
We develop binary plan software with an advanced system of dashboard that provides multiple options on the user’s homepage.
Modern UI/UX
Design the software with the latest features of UI/UX designs. UI/UX designs make your websites and applications more attractive.
Easy Payouts Processing
Binary MLM compensation plan provides easy and multiple options for processing payments. We develop the best binary MLM software.
Online AML & KYC
Binary MLM verifies the identity of new and existing users legally by using the KYC and AML (Anti-Money Laundering) process.
Binary MLM Plan: Types of Income
A variety of incomes can be created and integrated into a Binary matching Plan to cater to the business's needs. The list below is for multiple compensations that attract more distributors in the MLM business.
Matching Bonus
Matching bonus is provided to the sponsors according to the bonus received by their downline network. Sponsors get a certain percentage of the bonus as a paid commission from the sales of their downline.
Sponsor Matching Bonus
Also known as the pairing bonus, it is given to distributors who are qualified by achieving a balanced volume of sales based on a certain percentage of ratio. Qualified distributors get bonuses for achieving sales at each level of the downline.
Binary Level Bonus
It is a bonus paid to the distributor when the binary tree grows which means the downline members are recruiting new members and increasing sales. It is based on sales of the weaker leg of the binary tree which means the sales earned by the new member in the downline.
Rewards
This bonus is given as a reward to the distributors for increasing the level of their binary tree by recruiting or sponsoring more and more members on their downline. The more the sales the more rewards they get as a bonus like free purchasing for a month or offers for buying items etc.
Direct Referral Bonus
It is a bonus directly paid to the distributors for recruiting each member in their downline. Also known as the introducer bonus. On recruiting each member in the downline, the distributor will get the direct bonus as a referral bonus.
Bonanza
It is a yearly bonus or offer given to the distributors or recruiting new members. These offers can be like getting a 10% bonus for joining 5 members per day. It increases sales and grows business as more members will get a recruit to the network.
How does the Binary MLM Plan work?
Under the Binary Compensation Plan, a single member can recruit two members to the first level. As a result, the sponsor can only create two distributors below them, i.e. Left Leg and Right Leg. It is also known as the Profit Leg and the Power Leg. If a member supports more than two new members, the additional members are arranged in a down line beneath the sponsoring member. Due to the fact that new members only need to sponsor two others in order to participate in the binary pay plan, this "spill over" is an alluring feature. Because of this, it is frequently referred to as Binary Spill over MLM Plan. Earnings are always determined by the same volume of sales made from both legs in a binary plan. And unmatched business volume gets carried forward for next payout. Various volume ratios, such as 1:1, 1:2, or 2:1, are possible. MLM Binary Plan software can be coupled with other mlm plans to create hybrid MLM plan software.
Commission Calculation Example
Let's look at an example of a 1:1 ratio to help us understand how the Binary MLM Plan works. Consider a situation where a business has decided to offer Rs. 500 and binary matching percentage is 5% of the package amount (5% of Rs.500). Sponsor A may have just two direct members, B and C, on its left and right, respectively. Two people will make up B, who will be represented by D on the left and E on the right. Members of C will be labelled F on the left and G on the right.
For the purpose of calculating revenue, we divide this tree into the Left and Right.
- For A Matching Volume, Rs. 1500 is charged, with Rs. 500 being carried forward.. Income for A will be 5% of Rs.1500 Rs. 75.
- For B matching volume is Rs.500. income for B will be 5% of Rs.500 that’s rs.25
- For B matching volume is Rs.500. income for B will be 5% of Rs.500 that’s rs.25
Binary Plan MLM Software Features
In search of a trustworthy Software Development Company?? Awapal is a trusted MSME and ISO certified company that provides custom-made MLM software for all types of MLM business plans. Some of its amazing features includes:
Virtual eWallets
Auto Closing & Payouts
Advance Tree Structure
Two Factor Authentication
Instant Notifications
Points to Consider About Binary MLM Plan
Our Binary plan MLM software is the most reliable strategic software constructed for MLM businesses. It works on the patterns followed by the Binary plan, understand them from the below-mentioned points :
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Binary MLM compensation plan is the most successful strategic plan in MLM business, as only two front members can be added by the distributor.
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Members try to balance the right leg and left leg to earn more profit. It is an important strategy to succeed in a binary plan.
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Spillover is the most useful feature of the binary plan. Spillover is used to gain profits by adding a new member in the space of the downline.
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The profit leg is also known as the income leg as more profits are earned by this leg, and the power leg uses the strategy of spillover.
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The balancing of both legs is very important and challenging in a binary plan. If both the legs are not balanced, there is a chance of losing the bonus and points you get on recruiting new members.
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It is a teamwork-based business. The more your downline members increase the sales, the more profit you get from the downline.
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It is a plan for adding unlimited members to your network. Therefore, you can build and grow your business by adding more and more members to your downline to earn profit.
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MLM business is different from other businesses as it relies on the reach of your network and team efforts.
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Compensation is given to the members as an earned profit for recruiting members into the network and increasing the volume of sales.
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No matching pair is needed if you apply conditions to a binary compensation plan. This will create a 3rd sub-node to earn compensation.
Get Your Binary Plan MLM Software Developed Now!
Get your Binary plan MLM software developed by our expert developers. Build up your market opportunities with smart coding and high-security features. Contact our software engineers now.
Frequently Asked Questions
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What are the features of the Binary MLM compensation plan?
A binary plan is the two-legged structure compensation plan. Using a binary plan in MLM business, the upline persons earn profit from the downline persons of their network. It is a collaborative system that allows unlimited numbers to join. Each member earns profit individually according to their sales and downline.
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How does a binary MLM plan benefit MLM business?
MLM is a business of sales and purchasing of items and adding more members to the network. The binary plan helps the upline members to get benefits from their downline. Binary plans only have two main frontline persons in the network which means if more than two members are added to the frontline then other members get shifted into the downline of another person. This benefits the downline to grow their business.
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How does the Binary MLM Plan work?
Binary plan is a two-leg-based structural network. The compensation is given to the distributors according to their sales and the sales volume of their downline. This plan helps to grow each member as it works on a team effort. The more teamwork, the more they earn profit. Using the binary plan, downline members learn from their seniors. Everyone in the team helps each other grow.
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Why is Spillover important in the Binary MLM compensation plan?
Spillover benefits the MLM business. In spillover, members create a parallel network and leave room to add other members in the downline. This benefits both downline and upline. Downline gets a new member to add and earn profit, and the profit earned by downline benefits the upline as compensation or a bonus.
