Awapal Solutions is a CMMI Level 3 and ISO Certified software development company. It has successfully made its place as one of the top MLM software companies and is praised among clients for its customized services. Leveraging upon several years of experience, the company offers the user-friendly Binary Plan to clients across the globe.
A Binary Plan is a systematic organizational structure that is established by Multilevel Marketing (MLM) companies and is the most popular marketing compensation plan. It is quite popular among companies, part-time professionals, network marketers, and all the other members who wish to set up an MLM business. Consequently, the members are supposed to add only two forefront members.
This means that the sponsor can make only two distributors underneath, i.e. Left Leg and Right Leg. It is also referred as Power Leg and Profit Leg. If member sponsors more than two new members, excess members are placed at downline below the sponsoring member's forefront. This 'spillover' is an attractive feature that appeals new members, since they only need to sponsor two members to participate in the binary compensation plan. That is why it is often termed as Binary Spillover MLM Plan.
Power leg in an MLM Binary Plan grows even when a previously enrolled member recruits new members and gets added to the tree on the leaf position. On the other hand, the profit leg increases when a new member is introduced for self-benefit as well. Some other criteria also matches for binary compensation distribution such as 1:1, 1:2, or 2:1 concept.
Thus, the structure grows faster which is beneficial for a business to earn and grow quickly.
MLM Binary Plan software can also be combined with Level or Forced Matrix that results in hybrid software MLM plan. This gets an added benefits of more income thus, investors, distributors and stakeholders are inclined more towards multilevel marketing business.
Lets Understand Binary MLM Plan with an example that is based on 1:1 ratio concept.
Suppose a company has decided the package amount of Rs. 500 and binary percentage of the amount for downline members is 5% of the package amount (5% of Rs. 500). Sponsor A, can have only two direct members; B on its left & C on its right. B will have two members as D on the left side and E on the right side. C will have members as F on the left side and G on the right side. D add H on left side and I on its right side.
Considering the amazing benefits of this plan, it offers different types of income to members such as:
It is the profit gained after recruiting new members in the downline. For each direct referral, the recruiter gets a referral bonus that is calculated depending on the percentage of the present amount.
The bonus is based on the sales of the downline members. Companies decide the maximum bonus to be given & is calculated according to the plan. This plan has a restriction on expenditure or pricing (capping).
This types of bonus keep members motivated and energetic to work more. Here, the member gets certain percentage of bonus amount on daily basis, depending upon the companies' policy.
This is given to the person after completing the specific tasks that is positive for the development of the company. When members achieve set target within the pre- set time, they get reward bonus.
In this plan, when a certain set target (sales volume) is achieved by members within the defined time, then all the eligible members receive certain percentage of amount as bonus as per the company's rule.
The member is paid a percentage of the group volume of each breakaway below the downline to a decided number of generation. On successful completion of the level, the company sets certain percentage of amount for each members of the genealogical tree.
Looking for a reliable Software Development Company in Delhi NCR? Awapal is a trusted ISO certified company accredited to accomplish the custom-made software of different MLM plans. Some of its amazing features includes
“I was looking for a highly advanced and updated MLM Plan for my multilevel marketing business. On exploring the internet, I found Binary Plan Software offered by Awapal Solutions that really proved milestone for my business. The software gave me the flexibility to set the compensation plan and proved a blessing for my MLM business & helped me in enlightening the business goal. Thank You Team. Keep it up guys!”
When a business grows it becomes tough to keep entire records in an organized manner. But my special thanks goes to Awapal Solutions that provided me customized software for my forced matrix & showed me the path as how to keep things in a sequence way. Must say, a user-friendly software service provider that helped me in enlightening by business goal. I will surely contact the company for my future business plan.
“The software you offered me really worked for achieving my company's goal. Powered by latest technology and advanced features, everything was very easy to track for entire member. I liked the Chat Bots and Live Chat offered to me that helped in live communicating with the customer care people. I will surely contact again in future for my other lined-up business plan and will recommend others this software at least once.
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